Today, both the nse and bse opened with a low point and continuously working in the same trend from the early trading. The same trend has been followed by the Asian market. The Nikkei 225 drop by 737.43 points at 13589.03
Gainers : M&M, Tata Motors, NMDC, ITC, Kotak Bank
Losers : Cipla, JP Associate, Tat Steel, Icici Bank, Hindalco
In the commodity market today the precious metals opened with a red sign with that all the mcx products showed the same trend but as the time passes away they recovered their position and starts to do work in positive side.
At 3:00 pm gold gain 230 points at 26866 and silver gain 459 points at 44166.
The energy products are still working in down side. The crude oil slip by 58 points and mentha oil drop by 20.40 points.
Buy gold target 26902/26927/26942 stop loss 26774
Buy silver target 44201/44226/44241 stop loss 44052
Yesterday, the share market closed in a green sign with a high note. The nifty was closed at 5983.55 up by 16.50 points or 0.28 percent and the sensex was closed at 19704.33 up by 30 points.
The Airline company spice jet have ranked number 3 in local share market, the total net loss for the three month to March is narrowed to Rs. 1.86 billion from Rs. 2.49 billion a year.
The Asian market showed both the trend up and down. Yesterday Nikkei 225 closed at 14612.45 up 128.47 points and Shanghai Composite at 2288.53 up 12.86 points. Rather than these Straits Times, Hang Seng and Taiwan Index ended with negative sign.
The sectors like Bank nifty, Oil and Gas, Consumer good and Bse metals were up where the IT sector, Auto sector and Healthcare were down.
Gainers : Maruti, Tata steel, Tata Power, Lupin, LT
Losers : Sunpharma, Bhel, Cipla, TCS, Ranbaxy
CALLS FOR MONDAY 27 MAY 2013
Buy DLF Target 222.15, 234.15 Stop Loss 189.15
Sell TCS Target 1462, 1454 Stop Loss 1492
At multi commodity exchange the precious metal gold and silver both are trading in a down side today, the base metals are showing the up and down both trends.
In the energy products the crude oil seems bullish while the menthe oil seems bearish and traded in a same condition, mentha oil has been followed by the natural gas i.e. natural gas is also looking bearish.
Cotton drop by 130 points for the delivery of may month and it is expected that it may trade in a same direction.
Sell Copper Target 17960/179500/17940 Stop Loss 18010
Buy Crude Oil Target 5274/5279/5285 Stop Loss 5218
