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Tuesday, 14 June 2016

Stock Market Struggling to Bullish, Stocks Recommendations

Stock Market Struggling to Bullish, Stocks Recommendations
Market showed a positive behavior by opening in green today. However it was unable to hold its early gains. Sensex dropped 19 points to 26377 while Nifty slided down 8 points to 8102. Rupee declined 6 paise and opened at 67.19 a Dollar. Almost all the sectors are trading positive. Asian Market is trading negative, except the Taiwan Index trading on 8563 with 27 points up.

Shares in Effect Today

- There can be concessions for mobile device makers. Government has decided to encourage the Make in India.
Buy ITI above: 30.25 Targets: 31.62 - 33.04 - 34.49 - 35.98 Stoploss : 28.89

- Chemicals & Fertilizers Ministry has started giving subsidy to Deepak Fertilizers. All the arrears would be given to the company.
Buy Deepak Fertilizers above: 165.76 Targets: 168.91 - 172.17 - 175.47 - 178.8 Stoploss : 162.56

- There is a conference of State Finance Ministry on the GST bill. If there is some positive news, companies can benefit.
Buy Gati above: 175.56 Targets: 178.8 - 182.15 - 185.54 - 188.96 Stoploss : 172.26

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