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Tuesday, 9 August 2016

Sensex Nifty trading Low Ahead RBI Policy | Intraday Stock Commodity Tips

Sensex Nifty trading Low Ahead RBI Policy | Intraday Stock Commodity Tips
Sensex Nifty opened flat today. Sensex with negative bias trading at 28123 with 59 points down and Nifty with 20 points down live at 8691. MCX Gold dropped 68 points to 31,108 and Silver dropped 172 points to 46115. Crude Oil slumps 31 points to 2860. Asian Market indices are showing average movements.

Coal India: Coal India has sold 29 percent more coal in 2016-2017 through e-auction. 
Buy at / above: 337.64 Targets: 342.07 - 346.71 - 351.38 - 356.08 Stoploss : 333.06

ONGC: The government will bear the entire cost of kerosene and LPG subsidies. The government would provide a subsidy of Rs 2100 crore to ONGC and Oil India in April-June. 
Buy ONGC above: 228.76 Targets: 232.44 - 236.27 - 240.12 - 244.01 Stoploss : 225 

RIC(Rural Electrification Corporation): On 11th August a board meeting will be scheduled for the announcement of bonus of RIC. 
Buy RIC above: 232.56 Targets: 236.27 - 240.12 - 244.01 - 247.93 Stoploss : 228.76

Tata Motors: On an annual basis in July, Tata Motors' global commercial vehicle sales of 30 363 units is unchanged. JLR's global wholesale sales on an annual basis in July, 43 932 units, while wholesale sales of Jaguar's 14 369 units. 
Buy Tata Motors above: 517.56 Targets: 523 - 528.73 - 534.49 - 540.29 Stoploss : 511.89