Market Watch

Friday 26 April 2013

Today Stock Market News, Recommendation & Outlook


Stock Tips are these tips which assists us to sink money into share trading system either its Indian Stocks or globe stocks tips. Stock Tips are majorly related to, or are regarding news update on national Stock exchange, live Nifty statistics, stock charts, gainers and losers, etc. The Share tips help the investors and traders to make informed decisions by making careful observations on NSE market movements.

Today’s Stock Market News:

·   Indian markets end in green. Nifty, Sensex up by 1.36% & 1.19% respectively.
·   Asia-Pacific markets remain strong. Yen rises as Japan investors cut holdings.
·   Wall St closed flat. GBP GDP at 0.3% (q/q). Dow Futures up by 152.50 points.
Indian markets surged up on the expiry day for the April. Bank Nifty achieved massive 12% gains in this series. India pitches for rating upgrade from S&P. Wall St closed firm, durables sector tumbles. UK avoids a triple dip recession as GDP rises 0.3%. Nifty up by 79 pts, closed at 5916. Sensex adds up 227 pts to close at 19406. Europe is in red.

Stock Market Recommendation:

CapitalHeight’s stock recommendation for 26/04/2013 is Dabur India Ltd. It has been trading in uptrend. Its long term trend is up. In today’s trading session, it was up by 2.73% and made 52 week high. It is trading above its short term and long term moving averages, which is indicating further upside movement in the stock. On the daily chart, momentum indicator RSI is also trading in positive territory. All the indicators are suggesting that we can see some upside movement in the stock. Its short term  strong support level is around 135. One can go for long position in Dabur India above 147. The stock may test level of 158 in near term.

Our recommendation on Dabur India is BUY above 147 for the Target of 150/155.

Stock Market Outlook:

NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 5815 ; SUPP 2: 5730
RES 1: 5930 ; RES 2: 6010

BANK NIFTY TREND: CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 12335 ; SUPP 2: 12060
RES 1: 12830 ; RES 2: 13100

            Stock Market Tips assure for great benefits to the small investors or individual investors without having any worry about others. These Stock Tips gives you the flexibility, market punctuality, responsibility & liberty. To get the achievement of superior returns with Stock Tips, a small investors always remain in benefit i.e. these investors enables to allocate their capital towards the best stocks.
For More Info About Stock Market, Trading Strategy, Stock Market Planning Visit Our site at  www.capitalheight.com  or please call our 24/7 Customer Care Support us at  0731 - 4295950   

1 comment:

  1. Now everyone can trade itself and become a successful trader but for that they should have good market knowledge. Dollar advisory provides informative Equity Tips.

    ReplyDelete