The market has kick-started the week in the negative
terrain.
The Sensex is down 78.20 points at 19649.07, and the Nifty
slips 32.15 points at 5801.05. About 120 shares have advanced, 204 shares
declined, and 23 shares are unchanged.
The Indian rupee opened with a gain of 48 paise at 62.99 per
dollar against 62.51 Friday.
The higher opening will be due to risk aversion from global
news flow around the US shutdown.
CAD data expected later today will be an important cue.
The range for the day is seen between 62.70 - 63.20/USD.
Expect exporters to sell above 63/USD levels." The euro is taking a knock
sub 1.35/dollar, the dollar too has slumped to 80.30 levels and the yen trades
at a 1-month high of 97/dollar.
Top Stocks to Sell Today:
1. Jaiprakash Associates
Sell Jaiprakash Associates Future, TARGET Rs 34.50 and
STOPLOSS Rs 38.20
2. YES Bank
Sell YES Bank, TARGET Rs 280 and STOPLOSS Rs 317
3.
Reliance Infrastructure
Sell Reliance Infrastructure, TARGET Rs 370 and STOPLOSS Rs 412
Top Stocks to Buy Today:
1. BATA India
Buy Bata India, TARGET Rs 900 and STOPLOSS Rs 815
2. Britannia Industries
Buy Britannia Industries, TARGET Rs 804 and STOPLOSS Rs 755
3. Entertainment Network India
Buy Entertainment Network India, TARGET Rs 310 and STOPLOSS
Rs 270
NSE Companies with Positive Breakout’s:
Trigyn Tech, Prithvi Softech, SPL Industries, Lakshmi Prec, SPL
Industries, BS Limited, Halonix, BS Limited, R Systems Intl, Halonix
NSE Companies with Negative Breakout’s:
Tanfac Ind, Melstar Info, Kesar Enterpris, Simplex Project, Classic
Diamond, Kaushalya Infra, ALLSEC Tech, Kaushalya Infra, UB Engineering, Bhagyanagar
Ind, Bedmutha Ind, BF Investment
