Nifty Weekly Range For The Week 28th OCT -- 01st NOV 6060 -- 6225, Either Side Sustaining Will Give More 65 Points More, High 6269.20, Low 6079.20, Closed 6251.70.
News of the day:
The market edged higher in early trade as Asian stocks rose on speculation Federal Reserve policy makers won't announce any major changes to monetary stimulus for the US economy when they conclude a meeting today, 30 October 2013. A bout of volatility was witnessed as key benchmark indices recovered from lower level after giving away almost entire initial gains in morning trade. Key benchmark indices moved in a narrow range in positive zone in early afternoon trade. Key benchmark indices remained range bound in afternoon trade. Key benchmark indices surged and hit fresh intraday high in mid-afternoon trade. The Sensex and the 50-unit CNX Nifty, both, hit their highest level in nearly three years. It pared gains in late trade..
NSE’s INDIA VIX, was down 1.16 % level, at 19.53
Amongest the Indices CNX SMALLCAP was up 0.68 % closed at 3,033.10
News of the day:
The market edged higher in early trade as Asian stocks rose on speculation Federal Reserve policy makers won't announce any major changes to monetary stimulus for the US economy when they conclude a meeting today, 30 October 2013. A bout of volatility was witnessed as key benchmark indices recovered from lower level after giving away almost entire initial gains in morning trade. Key benchmark indices moved in a narrow range in positive zone in early afternoon trade. Key benchmark indices remained range bound in afternoon trade. Key benchmark indices surged and hit fresh intraday high in mid-afternoon trade. The Sensex and the 50-unit CNX Nifty, both, hit their highest level in nearly three years. It pared gains in late trade..
NSE’s INDIA VIX, was down 1.16 % level, at 19.53
Amongest the Indices CNX SMALLCAP was up 0.68 % closed at 3,033.10
NOTE : AFTER 1ST TGT HIT KINDLY REVISED SL TO COST PRICE !
TRADING CALLS
CASH
BUY CESC 344 SL 337 TGT 351 / 356
BUY IOC 200 SL 195 TGT 205 / 211
SELL HAVELLS 755 SL 770 TGT 742 / 730
SELL TATA CHEM 264 SL 269 TGT 259 / 253
DISCLAIMER : THE AUTHOR IS NOT RESPONSIBLE FOR ANY LOSSES DURING ANY TRADE THIS IS MY VIEW !!
Stock Specific news:
JNPT freezes payment to dredging firm, alleges violation of clause
Bharti Airtel Q2 net down 29% at Rs 512 crore
ICSA networth fully eroded, turned negative
Lupin Q2 net profit up 40% at Rs 406 cr
Wipro seeks more time from Govt to complete its SEZ in TN
Godrej Properties net up 5%
Web special: Yes Bank has immediate hurdle at Rs 383
Sensex scales 21,000; Bharti Airtel up 6%
Silver futures up 0.1% on global cues
Tata Communications posts first quarterly profits since FY09
JNPT freezes payment to dredging firm, alleges violation of clause
Bharti Airtel Q2 net down 29% at Rs 512 crore
ICSA networth fully eroded, turned negative
Lupin Q2 net profit up 40% at Rs 406 cr
Wipro seeks more time from Govt to complete its SEZ in TN
Godrej Properties net up 5%
Web special: Yes Bank has immediate hurdle at Rs 383
Sensex scales 21,000; Bharti Airtel up 6%
Silver futures up 0.1% on global cues
Tata Communications posts first quarterly profits since FY09
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