Friday Equity & Derivative stocks trading call
BUY Tata steel above 415.80 target 416.30/416.80/417.30 Stop loss 412.80
BUY Tata motors above 370 targets 371/372/373 Stop loss 367
SELL SSLT below 192 targets 191/190.50/190 Stop loss 194
SELL BHEL below 156 targets 155/154/153 Stop loss 159
The 30 share Sensex is down 140.30 points or 0.67% at 20785.31 and The 50 share nifty index is down 48.15 points or 0.77% at 6188.90.
The BSE Sensex slipped for continues the fourth trading session in row on Friday below it was closing value of levels at 20996.53 recorded on 6 Dec and the last trading last trading session before the election result.
In month, the Sensex rallied 300 points touch election result on Monday to hits a new fresh all time record high of 21483.74.
Tata motors 4.59%, Ambuja Cements, ONGC, Coal India, Induslnd bank, Bajaj Auto, ICICI bank, Maruti Suzuki, IDFC, Axis bank, Hindalco inds,Ultratech Cements were top losses in morning trade.
Tata power, HDFC 1.07%, JP Associate 1.03%, Ranabxy Labs 0.93%, Gail, HCL Tech, Lupin, NTPC were top gainers in morning trade.