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Monday, 6 June 2016

Morning Session Updates and Stock Recommendations

Morning Session Updates and Stock Recommendations

On the fresh new trading session, Market opened with green signal. However there is gradual up and down in the market. Sensex is up with 22 points to 26,865 and Nifty live on 8,223 with 3 points up. The Indian Rupee opened higher by 30 paise at 66.95 against Dollar while on Friday it closed on 67.25. According to some experts, today Rupee will trade more higher. Asian market trading mixed but Japan's benchmark Nikkei, China's Index Shanghai composite and Hong Kong's Hang Seng are trading down. According to experts suggestion Stock Calls for intraday trading are:

Green Pannel of Coal India has declined the approval of coal washery in Orissa state.
Sell Coal India below: 301.89   Targets: 297.71 - 293.41 - 289.14 Stoploss : 306.25

There's a news that Adani Enterprises can leave the project of Australia Coal Mines.
Sell Adani Enterprises below: 70.14  Targets: 68.09 - 66.04 - 64.03 Stoploss : 72.25

Private equity firm KKR plans to invest Rs 600 crore in quality. 
Buy Kwality Ltd. above: 118.26   Targets: 120.93 - 123.7 - 126.49 Stoploss : 115.56

ANDA has approved the injection made by the Jubilant life Sciences for the treatment of epilepsy.
Buy Jubilant life Sciences Ltd. above: 370.56  Targets: 375.2 - 380.05 - 384.94 Stoploss : 365.76