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Wednesday, November 27, 2013

28.11.2013

Nifty Weekly Range For The Week 25th Nov -- 29th NOV 5856 -- 6136, Either Side Sustaining Will Give More 90 Points More, High 6123.50, Low 6030.30, Closed 6057.10.

Sensex, Nifty end marginally lower

Key benchmark indices ended a tad lower for the day in what was a lacklustre trading session. The barometer index, the S&P BSE Sensex, shed 4.76 points or 0.02%, up 72.20 points from the day's low and off 62.41 points from the day's high. The market breadth, indicating the overall health of the market, was negative.

The Sensex has fallen 744.26 points or 3.52% in this month so far (till 27 November 2013). The Sensex has garnered 993.55 points or 5.11% in calendar 2013 so far (till 27 November 2013). From a 52-week low of 17,448.71 on 28 August 2013, the Sensex has risen 2,971.55 points or 17.03%. From a record high of 21,321.53 on 3 November 2013, the Sensex has fallen 901.27 points or 4.23%.

NOTE : AFTER 1ST TGT HIT KINDLY REVISED SL TO COST PRICE !

TRADING CALLS 

CASH

BUY COAL INDIA 265 SL 260 TGT 269 / 275
BUY BERGER PAINT 230 SL 225 TGT 235 / 243
BUY GODREJ IND 268 SL 263 TGT 273 / 279

SELL YESBANK 357 SL 363 TGT 351 / 346
SELL WIPRO BELOW 466 SL 474 TGT 460 / 452
SELL MCLEOD RUSS 282 SL 286 TGT 278 / 274

DISCLAIMER : THE AUTHOR IS NOT RESPONSIBLE FOR ANY LOSSES DURING ANY TRADE THIS IS MY VIEW !!

The total turnover on BSE amounted to Rs 1819 crore, lower than Rs 3944.46 crore on Tuesday, 26 November 2013.

The market breadth, indicating the overall health of the market, was negative. On BSE, 1,337 shares fell and 1,136 shares rose. A total of 158 shares were unchanged.

Among the 30-share Sensex pack, 17 stocks fell and rest rose. 

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