• Indian markets ended down. Nifty and Sensex down by 0.31 % and 0.29%
• Asia-Pacific mkts green. Nikkei up by 0.01% and hangseng up by 0.83%
• Wall Street ended mixed.GBP GDP stood at 2.6% Y/Y. Dow fut. down 77pts.
The Sensex is up 312.29 points or 1 percent at 27221.11 and the Nifty is up 89.30 points or 1 percent at 8191.40. The 50-share index touched 8200 briefly just immediately in opening. About 491 shares have advanced, 65 shares declined, and 351 shares are unchanged.
All banks are up with key gainers like SBI and ICICI BAnk. Wipro, Coal India and Tata Motors are other gainers in the Sensex.
Stock recommendation for 8/1/2015 is Symphony Ltd.In today’s trading session it was up by 3.36%. Its long term trend is up. On the daily chart, it has been consolidating since last few days; it has given upside breakout. Stochastic and RSI has also given buying confirmation. On daily chart its short term support level is 1980. All the indicators are suggesting that one can go for long position in this stock above 2150 levels. The stock may test level of 2250-2350 in coming days.
Our recommendation on Symphony ltd. is LONG above 2150 level for the tgt of 2200-50
The S&P BSE Sensex rallied as much as 341 points in trade on Thursday, tracking Asian markets which were trading higher on upbeat U.S. employment data and a halt to a slide in oil tempered investor risk aversion.
Today’s Stock Trading Tips :
• BUY WALCHANDRANAGAR (LCP-199.9) ABOVE 201 TG-204-208
• BUY BAJAJ CORP (LCP 406.3) ABOVE 409 TG-413-419
• BUY BBTC (LCP 462.25) ABOVE 465 TG-469-475
• BUY BEML (LCP-792.35) ABOVE 795 TG-800-806
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