ACTION PACKED SERIES OF DEC ELECTION RESULTS, FED MEETING AND RBI MEETING !
Sensex, Nifty attain highest closing level in nearly four weeks
Trading for the week and month began on positive note as key benchmark edged higher after the outcome of a business survey showed that India's manufacturing activity returned to growth in November 2013 as a strong rise in orders pushed factories to step up production. The barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both, attained their highest closing level in almost four weeks. The market breadth, indicating the overall health of the market, was positive. The Sensex garnered 106.08 points or 0.51%, up close to 127 points from the day's low and off about 43 points from the day's high. The market sentiment was also boosted by data showing that foreign funds remained net buyers of Indian stocks on Friday, 29 November 2013.
NOTE : AFTER 1ST TGT HIT KINDLY REVISED SL TO COST PRICE !
TRADING CALLS
CASH
BUY WIPRO 480 SL 474 TGT 486 / 494
BUY HPCL 217 SL 212 TGT 222 / 226
BUY CENTURY TEX 275 SL 271 TGT 279 / 285
SELL ONGC 296 SL 302 TGT 292 / 286
SELL CAIRN IND 321 SL 326 TGT 315 / 309
SELL TITAN 229 SL 234 TGT 224 / 218
DISCLAIMER : THE AUTHOR IS NOT RESPONSIBLE FOR ANY LOSSES DURING ANY TRADE THIS IS MY VIEW !!
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