Stock Market Trading Tips & Recommendation by Money CapitalHeight


Posted January 30, 2015 by rajmalhotra11

Equity benchmarks erased all its early gains to trade lower amid consolidation. Indices had touched record highs in opening trade but could not sustain.

 
It is a record high opening as the Nifty approaches 9000-mark on first day of February F&O series. The 50-share index is up 44.20 points at 8996.55. The Sensex is up 140.11 points at 29821.88, and the Nifty About 497 shares have advanced, 115 shares declined, and 151 shares are unchanged.
• Indian mkts. closed on positive note. Nifty and Sensex up by 0.41% and 0.43%.
• Asia-Pacific mkts. ended down. Nikkei and Kospi down by 1.08% and 0.54%
• Wall Street down.CNY Industrial prod. at 7.9%. Dow futures down by 252 points.
Indian markets ended on positive note after highly volatile session. On sectorial front Reality, Infra, Auto, Pharma stocks were up whereas Telcom. Banking stocks were down. Sensex was up by 122 points to settle at 29681 & Nifty went up by 38 points to settle at 8952 level. European markets traded flat.
It is a record high opening as the Nifty approaches 9000-mark on first day of February F&O series. The 50-share index is up 44.20 points at 8996.55. The Sensex is up 140.11 points at 29821.88, and the Nifty About 497 shares have advanced, 115 shares declined, and 151 shares are unchanged.
Coal India is down 4 percent as its offer-for-sale opens today. Bharti Airtel, HDFC, Tata Motors, SBI and Sesa Sterlite are top gainers in the Sensex.
The Indian rupee has opened at 61.79 per dollar, up 7 paise compared to previous day's closing value of 61.86 a dollar.
Capital Height’s Stock recommendation for 30/1/2015 is Jet airways ltd. In today’s trading session it was up by 7.74%. Its long term trend is up. On daily chart it has given upside breakout. Stochastic and RSI has also given buying confirmation. On daily chart its short term support level is 470. All the indicators are suggesting that one can go for long position in this stock above 530 levels. The stock may test level of 570-600 in coming days.
Our recommendation on Jet airways ltd. is LONG above 530 levels for tgt of 550-580.
Today Stock Trading Tips:
• BUY BEML (LCP-908.55) ABOVE 911 TG-917-925
• BUY WOCKHARDT (LCP 1182.4) ABOVE 1185 TG-1193-1201
• BUY AJANTA PHARMA (LCP 2570.6) ABOVE 2580 TG-2600-2630
• BUY CAPLIN POINT (LCP-522.3) ABOVE 529 TG-535-542
MONEY CAPITALHEIGHT RESEARCH INVESTMENT ADVISERS PVT. LTD. is an ISO 9001-2011 Registered Company. We are a leading Research Company, having a strong hold in providing most authentic and accurate stock and share market tips. Visit our Site www.capitalheight.com for accurate stock tips, commodity tips, mcx tips, stock cash tips & Premium services or call at 0731-6615050, 9993066624.
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Issued By Money CapitalHeight
Website Stock Market Trading Tips & Recommendation
Phone 9993066624
Business Address Usha Nagar
Indore
Country India
Categories Business , Finance
Tags stock tips , equity tips , stock market tips , stock trading tips
Last Updated January 30, 2015