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Thursday 20 March 2014

Best Stock In India To Trade Today Thursday, 20 March 2014

The S&P BSE Sensex slipped over 100 points in trade on Thursday, while Nifty was trading near its crucial psychological level of 6500 tracking muted trend seen in other Asian markets.

The sentiment in global markets turned bearish after the US Federal Reserve said it would cut its monthly purchases of US Treasuries and mortgage-backed securities to $55 billion, from $65 billion.

The 30-share index was at 21,768.74, down 64 points or 0.30 per cent.It touched a high of 6,516.70 and a low of 6,488.50 in trade today.

The Nifty was at 6,502, down 22.05 points or 0.34 per cent. It touched a high of 6,516.70 and a low of 6,488.50 in trade today.

"The Nifty is expected to trend up till 6575 in the next couple of days. In this period the key support will be at 6480 and resistance will be at 6575,

"The Nifty has been forming higher tops and higher bottoms; it has also closed above the previous swing's high which is a positive sign for the market," he added.

Best Stocks To Trade Today:


Reliance Industries Ltd: British energy giant BP and Niko Resources of Canada are likely to formally join their partner Reliance Industries' arbitration against government levying penalties for KG-D6 gas production falling short of target.
the stock was trading 0.3 per cent higher at Rs 905.45.

TCS Ltd: Country's largest software services firm Tata Consultancy ServicesBSE 2.18 % (TCS) has deployed a maintenance, pepair and overhaul (MRO) application for Garuda Indonesia Airlines. the stock was trading 1.2 per cent higher at Rs 2065.50.

IDFC Ltd: IDFC Alternatives, a wholly-owned subsidiary of IDFC Ltd, raised its first fund of Rs 750 crore focused on the residential sector in India.
 
SpiceJet Ltd: The directorate general of civil aviation (DGCA) on Wednesday issued a show-cause notice to SpiceJet, asking why its licence should not be suspended, after a video of the cabin crew on a Goa-Bangalore flight dancing in the aisles went viral on social media.

 Free Intraday Trading Stock Tips For Today :-

BUY Tata Sponge Ltd with a target of Rs 510 and a stop loss of Rs 460

BUY ACC Ltd with a target of Rs 1330 and a stop loss of Rs 1260

BUY Axis Bank Ltd  with a target of Rs 1440 and a stop loss of Rs 1360

BUY Alstom  Ltd with a target of Rs 235 and a stop loss of Rs 210





 




The S&P BSE Sensex slipped over 100 points in trade on Thursday, while Nifty was trading near its crucial psychological level of 6500 tracking muted trend seen in other Asian markets.

The sentiment in global markets turned bearish after the US Federal Reserve said it would cut its monthly purchases of US Treasuries and mortgage-backed securities to $55 billion, from $65 billion.

At 10:20 a.m.; the 30-share index was at 21,768.74, down 64 points or 0.30 per cent. It touche ..

The S&P BSE Sensex slipped over 100 points in trade on Thursday, while Nifty was trading near its crucial psychological level of 6500 tracking muted trend seen in other Asian markets.

The sentiment in global markets turned bearish after the US Federal Reserve said it would cut its monthly purchases of US Treasuries and mortgage-backed securities to $55 billion, from $65 billion.

At 10:20 a.m.; the 30-share index was at 21,768.74, down 64 points or 0.30 per cent. It touche ..

1 comment:

  1. Sugar company stocks up as lifting resumes from bulk consumers - 24 Dec 2016
    CapitalStars

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