INDORE, India -- · Indian markets ended red. Nifty and Sensex down by 0.03% and 0.10%.
· Asia-Pacific mkts mixed. Hang Seng down by 0.22% and KOSPI down by 0.79%.
· Wall Srt mixed.USD unemployment changed by 0.1k.Dow futures red by 0.29%.
Indian markets traded ended marginally negative. On sectorial front Bank Nifty down 0.23%.IT traded up 0.41% whereas PSU Bank down by 0.84% and FMCG shares down by 0.80%. Sensex ended marginally down by 27 points to settle at 27809 & Nifty closed up by 2 points to settle at 8421 level. European markets also trade negative.
Stock Recommendation
Capital Height’sStock recommendation for 22/5/2015 is HCL Tech Ltd. In today’s trading session it was up by 1.06 %. Its long term trend is up. On daily chart it has support of 30 SMA at 920. RSI & MACD had enough strength to buy. On daily chart its short term support level is 902. All the indicators are suggesting that one can go for long position in this stock above 980 levels. The stock may test level of 1050 in coming days.
Our recommendation on HCL Tech Ltd is long above 980 for tgt of 1000-1025.
Today’s Stock Cash Trading Tips
SELL WOCKHARDT (LCP-1408.45) BELOW 1405 TG-1396-1386
SELL ZANDU REALTY (LCP 1509.95) BELOW 1505 TG-1495-1482
BUY EXCEL CROP (LCP-850.3) ABOVE 852 TG-858-865
SELL GUJRAT GAS (LCP-791.9) BELOW 790 TG-785-779
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