Stock Market NSE BSE Ended on Down Side @ Advices for tomorrow by Moneymaker

The market ended near one-month low, tracking a sell-off in global stocks, with bank and information technology shares leading the decline. Further, fears of foreign fund outflows in the short term amid sooner-than-expected hike interest rates by the US Fed in wake of robust jobs data also dampened sentiment.

The Sensex ended down 604 points at 28,845 and the Nifty ended down 181 points at 8,757.

The Bank Nifty ended down 602 points at 19,146.
The Indian rupee was trading sharply lower to the US dollar after the greenback rallied against other currencies on expectations of that the US Fed would

Investment Advices:

- Buy UPL Future above 442 targets 447, 452, 458 Stop loss 432.

- Buy Hindunilvr Future above 984 targets 994, 1004, 1014 stop loss 968.

Market End Flat today @ Daily Stock Recommendations By Moneymaker

Benchmark indices shed early gains to end on a flat note with bank shares leading the decline as caution prevailed ahead of the expiry of February derivative contracts while concerns over Railway Budget and Union Budget kept risk-appetite subdued. The 30- share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively. sectoral indices of BSE ended in green. BSE IT index, up 0.4% was the top gainer followed by BSE FMCG, Oil & Gas and Realty indices gaining around 0.3% each. BSE Healthcare index, down 1% was the top loser followed by BSE Capital Goods index, and Bankex down 0.7% each. Bank stocks led the losses in today’s session though housing finance major, HDFC gained around 3%. HDFC Bank, ended down 1.6%, ICICI Bank, down 0.7% and SBI and Axis Bank lost 0.3% each. Pharma stocks ended mixed with Sun Pharma and Dr Reddys Lab losing around 2% each while Cipla gained around.

Stock Recommendations

@ Buy Munjal Showa Above 220 Targets -222,224,226 SL-216.

@ Sell Patel Eng Below 90 Targets -89.1,88.2,87.3 SL-91.8.

@ Sell Astec Below 108 Targets-107,106,105 SL-110. 

Equity Market Weekly Wrap and Investment Ideas @ Moneymaker Advices

Weekly Wrap: - Indian equity markets registered impressive gains in the week ended Friday, 13 February 2015. The Sensex gained in four out of five trading sessions. The Sensex advanced 377.02 points or 1.31% to settle at 29,094.93. The Nifty rose 144.45 points or 1.66% to settle at 8,805.50. On the macro front, the rate of inflation based on the consumer price index (CPI) rose 5.11% in January 2015 compared with a 4.28% gain in December 2014.

Domestic and global macro-economic data, trend in global markets, investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs), the movement of rupee against the dollar and crude oil price movement will dictate trend on the bourses.

On The F&O Front : - Weekly data shows in the past trading sessions, we have seen strong Put writing in 8900/8800/8700 strikes & major Call build up at 9100\9000\8900 strikes indicating a positive bias for market, in the near term. On the Call front 9000 & on the Put front 8700 has the maximum OI. 8700 is playing the strong support for upside.

On Technical Front: - On Nifty weekly chart strong resistance is seen at 8890 if it breaks with high volume, more bullishness is expected. Nifty Directional: - Buy Nifty Future Above 8900 Target 8950, 9000 Stop Loss 8800.

Time Frame : – 1 Week