Market Watch

Thursday, 8 October 2015

Live Stock Trading Tips And Market Outlook

Image result for stock marketIntraday Stock Cash Tips
SELL CEAT (LCP-1288.55) BELOW 1285 TG-1277-1269
SELL ATUL (LCP 1591.5) BELOW 1585 TG-1573-1560
SELL 8K MILES (LCP-1770.7) BELOW 1765 TG-1750-1730
SELL MARUTI(LCP 4364.5) BELOW 4360 TG-4345-4325
Market Update
Nifty-Stop loss short-positions at 8,250. Stop loss long-positions at 8,145. Big moves could go till 8,325 and 8,075. A long 8000p (77), short 7900p (57) could gain 10-15 if the futures drops below 8,100.
Bank Nifty-Stop loss long positions at 17,575. Stop short positions at 17,800. Big moves could go till 18,000, 17,350. A correction might be on the cards, given stiff resistance at 17,725-17,775.
-Keep a stop at Rs 83 and go short. Add to the position between Rs 80-81. Book profits at Rs 79
-Keep a stop at Rs 1,120 and go long. Add to the position between Rs 1145 and Rs 1,150. Book profits at Rs 1,155.
Tata Motors
-Keep a stop at Rs 346 and short. Add to the position between Rs 336 and Rs 338. Book profits at Rs 332.

  • Indian mkts ended upside. Nifty and Sensex up by 0.30% and 0.38%
  • Asia Pacific market upside. Jakarta up by 0.92% & Nikkei up by 0.75%.
  • Wall St. up. USD Core Retail Sales down to 0.1%. Dow future up by 115 pts.

           Indian indices remained volatile and closed on positive note amid global cues. On sectorial front all major indices traded upside including, Infra, FMCG and Realty except IT and media sector. Sensex was up by 102 points at 27035 & Nifty up by 24 points to settle at 8177 level. European markets traded upside.
Indian Rupee Update
             The Indian rupee has opened lower by 5 paise at 65.03 per dollar on Thursday against previous close of 64.98.The USD-INR pair is expected to continue this trend today and trade in a range of 64.80-65.10/dollar.

For live market updates on Indian Stock Market visit or call at 0731-6615050

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