18.12.2013

Nifty Weekly Range For The Week 16th Dec -- 20th Dec 6025 -- 6316, Either Side Sustaining Will Give More 100 Points More, High 6190, Low 6133, Closed 6139.05.

The total turnover on BSE amounted to Rs 2014 crore, higher than Rs 1699.61 crore on Monday, 16 December 2013.

The market breadth, indicating the overall health of the market, was negative. On BSE, 1,305 shares declined and 1,153 shares gained. A total of 171 shares were unchanged.

Among the 30-share Sensex pack, 17 stocks gained and rest of them declined.

Stock Specific news:
IRB Infra preferred bidder for Rs 1,500-cr road project
Crude oil down 0.02% on global cues
Kotak Mahindra to financially include Bengal's milk producers
Zinc up 0.3% on spot demand
TCS shares gain; analysts say demand positive
Silver down 0.5% on global cues, profit-taking
Markets trading flat; Bharti Airtel up 4%
Market rangebound post intial uptick; Bharti Airtel up 3%
HDFC Bank dips 2% as RBI curbs share purchase by FIIs
Gold up 0.1% on global cues

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

TRADING CALLS 

CASH

BUY  RECL 207.50 SL 203 TGT 211.50 / 214.50 / 218

BUY NMDC 138.50 SL 136 TGT 141 / 144 / 146.50

BUY AMBUJACEM 175.50 SL 172.50 TGT 178.50 / 181 / 184.50

SELL BHARATFORGE BELOW 308 SL 312 TGT 304 / 300.50 / 295

SELL GODREJ IND 250 SL 254.50 TGT 246.50 / 242 / 238.50

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