Stock Markets

F&O And Midcaps Stocks Are Best For Trading At The Moment - Vishwas Agarwal

Today, bulls gained control from bears over trading action. Growth of existing cheerful sentiment on Tuesday is likely to insert other stocks in their support. In contrast, bearish sentiment on Tuesday is expected to modify the current reaction.

According to technical analyst, Vishwas Agarwal that the Indian stocks soared up today accompanying the Fed Reserve’s assessment to slash discount rate by 50 basis points to alleviate the affect of US sub-prime lending situation, but political disruptions over N-deal is constraining fresh buying in the market.

The market is projected to act in line with international markets, guessed Agarwal. At the moment, the stock market is ruled by reaction rather than fundamental principles or techniques.

Orbit Corporation up by 8 % in early Trades on NSE

Orbit CorporationOrbit Corporation has seen a big move in the early trades in Stock Markets. The stock was quoting at Rs 466, up Rs 33.90 on the Nifty. Orbit Corp. has gained almost 8 % from its close on Friday. It has seen an intraday high of Rs 473.40. Markets can expect good upmove from these levels. Due to renewed buying interest in the counter, the trading volumes are also high.

Frontline Stocks Likely To Perform Well On Monday: Vishwas Agarwal

Bears preserved their supremacy over trading action on Friday. Intensification of current bearish sentiment on Monday is likely to append other stocks in their support.

In contrast, upbeat response on Monday is expected to transform the existing sentiment.

Indian stock markets is expected get well on Monday accompanying the upturn in US and European stock markets on Fed Reserve’s resolution to slash the primary credit rate by 50 basis point to 5.75% to support the restitution of orderly situation in financial markets.

Technical analyst, Vishwas Agarwal is anticipating improvement to the amount of 50% of complete declivity in near future.

Stock Markets Sign Off In Volatile Mood, Metal, IT Linger

BSE SensexIndian stocks turned down for the third day, with the key index witness its

BHEL Slips Over 3%

In morning trades, Bharat Heavy Electricals (BHEL) BHEL Stock Chartdecline 3.4% to Rs 1,549 on the Nifty. It has touched an intraday high of Rs 1,599.90 and an intraday low of Rs 1,541.

The company signed up MoU for 1000 MW Sudan Project.

It is trading with total volumes of 159,935 shares. Yesterday the share lost 4.99% or Rs 84.30 at Rs 1,603.60.

Buy Unitech At Rs 439-460: Manghnani

Anil ManghnaniAnil Manghnani of Modern Shares & Stock Brokers is of the vision that the investors interested in buying Unitech, will buy it between Rs 460 and Rs 439.

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