Friday, March 20, 2015
Stock Intraday Tips For Monday: 23rd March|Hot Stocks To Trade Monday
Indian Equity market settled pointedly lower on Friday on the back of feeble worldwide prompts. Both Sensex and Nifty exchanged underneath 1-month low. Realty, power and FMCG stocks were under weight. At the closing, the benchmark Sensex lost 208.59 points or 0.73% at 28,261.08 with 21 segments posting drop. In the mean time, the wide based NSE Nifty fell by 63.75 focuses or 0.74% at 8,570.90 with 35 segments posting drop.Then again, NTPC (6.25%), Bharat Heavy Electricals (3.68%), ICICI Bank (3.36%), GAIL (India) (3.31%), Mahindra & Mahindra (2.70%), and Hindustan Unilever (2.64%) were the top losers in the Sensex.
Aditya Birla Nuvo is in Sell mode for Monday. Recommend a 'SELL' call with a target of Rs 1,615 and a stop loss of Rs 1,670.
SKS Microfinance is having a Strong resistance zone at 445 for Monday's trading. A 'SELL' call is suggested with a target of Rs 420 and a stop loss at 443.
M&M is trading on its low side, Today it closed in Red. 'SELL' call is given by experts with a target of Rs 1,120 and a stop loss of Rs 1,190.
BHEL Trading in bearish position today we suggest Sell BHEL with a target of Rs 235 and a stop loss of Rs 251.