Stock Cash Trading Tips & Recommendation:
• SELL TATA SPONGE (LCP-934.6) BELOW 932 TG-925-917
• SELL TATA ELEXI (LCP 647.75) BELOW 645 TG-641-636
• SELL ZANDU REALTY (LCP 2127.3) BELOW 2120 TG-2100-2070
• SELL JK TYRE (LCP-478.55) BELOW 476 TG-472-466
CapitalHeight’s Stock recommendation for 24/09/2014 is Sarda Energy & Minerals Ltd. In today’s trading session, it was down by 13.81%.
It has been trading in range bound note from last month. On the daily chart, it has given short trend-line breakdown with good volume and made a long black candle.
Momentum indicator stochastic has given positive crossover.
Our recommendation on Sarda Energy is SHORT below 214 for the Target of 206-198.
Commodity Market Outlook:
• Gold futures for December delivery added 0.3 percent
• Crude oil move up above 91.5$
• Nickel rose for the first time in a week
• Copper for delivery in three months slid less than 0.1 percent
• Lead, tin and zinc advanced on the LME, while aluminum fell.
Gold advanced from an eight-month low after airstrikes in Syria boosted demand for the metal as a haven. West Texas Intermediate crude advanced after the U.S. and its Arab allies launched a series of airstrikes against Islamic State positions in Syria.
ZINC (SEP)
Trend: Consolidate | Strategy: Buy on Dips
R1- 138.9 R2- 140.5 | S1-134.2 , S2- 131.3
NICKEL (SEP)
Trend: Consolidate | Strategy: Sell on High
R1- 1067, R2- 1085| S1-1015, S2-988
ALUMINUM (SEP)
Trend: Consolidate | Strategy: Sell on High
R1- 120.3, R2- 122.5 | S1-116.3, S2- 113.5
For Accurate Stock & Commodity Market Services visit our site www.capitalheight.com/services.php or call at 0731-6615050, 9993066624