MARKET UPDATE | NIFTY INDEX ABOVE 11,450.

MARKET UPDATE | IDEAL STOCK

Sensex opens over 100 points higher

IDEAL STOCK

Market opens: It’s a green start on this Tuesday morning, with the Sensex rising over 100 points, while the Nifty is trading quarter of a percent higher.

IDEAL STOCK

Nifty above 11,450; pharma, auto gain Among sectors, banking names are trading in the green, while pharmaceuticals, metals as well as auto names are higher as well. In the broader markets, the Nifty Midcap index is higher by 0.25 percent.

INTRADAY EQUITY CASH TIPS:- BUY M&M ABOVE 951.50 TGT 954.50-957.50-960.50 SL 944.50

 

 

The Sensex is up 120.42 points or 0.32% at 38042.59, while the Nifty Index is up 31.70 points or 0.28% at 11469.80. The market breadth is positive as 407 shares advanced, against a decline of 145 shares, while 35 shares were unchanged. Shares of Coal India, Adani Ports, Sun Pharma and Lupin have gained the most, while HDFC, HDFC Bank, ITC and NTPC were the top losers.

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BASE METAL OUTLOOK: Copper, Zinc, Nickel, Aluminium

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BASE METAL OUTLOOK

support and corresponding figures

base metal ideal stock

Copper’s likely support is coming up near Rs 415 with a likely roadblock near Rs 427.

INTRADAY ZINC LEVEL :- BUY ZINC ABOVE 175.10 TGT 175.60-176.10-176.60 SL 174

Zinc’s corresponding figures are Rs 173 and Rs 176 while those of lead is Rs 146 and Rs 149.

Nickel can take support near Rs 880 while its upside will be capped near Rs 900.

Aluminum can move sideways as it can take comfort from near Rs 146 with a barrier at Rs 149.

Bullion outlook: Gold, silver stick to their bright side

BULLION OUTLOOK

Gold, silver stick to their bright side

IDEAL STOCK

Gold and silver prices ruled firm on Monday, tracking demand for precious metals from jewelers, industriesNSE -3.95 % and retailers. How are various commodities lined up today? Here are some projections from brokerage SMC Global Securities.
Bullion tips: Gold can take support near Rs 30,350 per 10 grams and face resistance near Rs 30,700 on MCX. Silver’s equivalent figures are Rs 36,900 and Rs 37,450.