Asian Market Updates, Stocks to Buy today, Stocks to Sell Today - 04 September 2014

Trading in Asia was cautious on Thursday as investors awaited central bank decisions in Japan and Europe. The Bank of Japan is expected to leave its monetary policy on hold as it wraps up a two-day review. 

Traders will be looking for any comments regarding the recent spate of weak economic data as a result of April's sales tax rise. Later in the day, focus will be on the European Central Bank's policy meeting, with some anticipating it could unveil new stimulus measures following dismal inflation and factory activity data.

In geopolitical news, Russian President Vladimir Putin said on Wednesday that he spoke to his Ukrainian counterpart Petro Poroshenko on the phone and while there was no peace deal, Putin issued a 7 point plan to end the bloodshed in southeast Ukraine. Negotiators from Kiev, Moscow and pro-separatist rebels are due for more talks on Friday.

China's Shanghai Composite was flat at 2,290.17. 

Hong Kong's Hang Seng was down 0.17 percent or 43.99 points at 25,273.96. Japan's Nikkei was flat at 15,715.10.

Singapore's Straits Times was down 0.19 percent or 6.47 points at 3,342.30.

South Korea's Seoul Composite added 0.30 percent or 6.11 points at 2,057.31.

Taiwan's Taiwan Weighted shed 0.30 percent or 28.30 points at 9,422.05.

Stocks to Buy Today 

√ Buy  UPL, target of Rs 365 and stoploss at Rs 330

√ Buy  Aurobindo Pharma, target of Rs 844 and stoploss at Rs 829

√ Buy Oriental Bank of Commerce at 300 and stoploss at Rs 282

Stocks to Sell Today 

√ Sell  Century Textile and Industries at 623 and stoploss at Rs 635

Stocks to Buy and Sell Today Based on Market Updates - 22nd October 2013

Asian equities tread water on Tuesday following slim gains in global markets overnight and as investors stayed on the sidelines before the US September jobs report.

China's Shanghai Composite was down 0.25 percent or 5.49 points at 2,223.75 and Hong Kong's Hang Seng shed 0.64 percent or 149.24 points at 23,288.91.

Japan's Nikkei was down 0.11 percent or 15.49 points at 14,678.08 and South Korea's Seoul Composite shed 0.23 percent or 4.79 points at 2,048.22.

Taiwan's Taiwan Weighted fell 0.12 percent or 10.11 points at 8,409.21 while Singapore's Straits Times rose 0.27 percent or 8.61 points at 3,204.37.

The BSE benchmark Sensex surrendered its early losses and was trading over 15 points up in morning trade on Tuesday.

At 11.06 AM, Sensex was up 12.19 points at 20906.08. Similarly, Nifty was up 3.80 points at 6208.75 during the same time.

In early trade, the BSE Sensex slipped from almost three-year high by falling over 31 points as funds and retail investors booked profits after recent gains amid a weak trend in other Asian markets.

The National Stock Exchange index Nifty also fell by 9.30 points, or 0.15 per cent, to 6,195.65 in early trade.

In the Asian region, Japan's Nikkei Index was down 0.11 per cent, while Hong Kong's Hang Seng index was up 0.55 per cent in early trade.

The US Dow Jones Industrial Average shed 0.05 per cent in Monday's trade.

Stocks to Buy Today on 22 October 2013:

√ Buy Tech Mahindra, Target Rs 1,586 and STOPLOSS Rs 1,528 

√ Buy Aditya Birla Nuvo, Target Rs 1,275 and Stoploss RS 1,215

√ Buy Larsen and Toubro, Target Rs 950 and Stoploss Rs 910 

Stock to Sell Today on 22 October 2013:

√ Sell ITC at CMP, Target 325 and Stoploss Rs 351 

Best Stocks to Buy on 26th September 2013

Stocks to Buy on 26 September 2013 

1. Idea Cellular 

BUY Idea Cellular above Rs 168, TARGET Rs 178 and STOPLOSS Rs 163

Why to Buy Idea Cellular?

The stock has been in a bull market since the start of April. It is an ideal example of an up trending stock. Since August the stock corrected and then consolidated and on Wednesday it broke off from a triangular bullish pattern.

2. Apollo Hospitals Enterprises

Buy Apollo Hospitals Enterprises above Rs 920, TARGET Rs 990 and STOPLOSS Rs 890

Why to buy Apollo Hospitals Enterprises?

The stock has done nothing in the last one month besides trading in a band of Rs 890 and Rs 840. On Wednesday it crossed above the upper end of this trading band giving an upside breakout. Our view is further validated after the stock gave a close above 52 day moving average. If the stock holds up above Rs 930 in next couple of trading sessions then we can see huge upside.

3. Dr Reddys Laboratories 

Buy Dr Reddys Laboratories  at CMP, TARGET Rs 2520 and STOPLOSS Rs 2360

Why to buy Dr Reddys Laboratories ?

The stock is at a lifetime highs and is moving in a very strong higher top-higher bottom cycle plus there is a cup and handle breakout on the daily chart.

4. Reliance Communications 

Buy Reliance Communications at CMP, Target Rs 166, 168 and STOPLOSS Rs 158

Why to buy Reliance Communications?

This stock has managed to close above important resistance of Rs 160 on daily basis. It has formed a bullish candlestick pattern on daily charts. Hourly momentum has entered into bullish zone again

5. Union Bank of India 

Buy Union Bank of India at CMP, TARGET Rs 112, 124 and STOPLOSS Rs 112

Why to buy Union Bank of India ?

Union Bank of India has come to support of 61 percent retracement of the recent rally from Rs 95 to Rs 145 forming a bullish candlestick pattern on daily charts. Hourly momentum entering into bullish zone.

Stocks to Sell on 26 September 2013

Unitech October Futures

Sell Unitech October Futures at CMP, TARGET Rs 15 and STOPLOSS Rs 17

Why to Sell Unitech October Futures?

The stock is moving in a very strong lower top-lower bottom cycle and in yesterday’s trading session it has given a trend line breakdown on the daily charts.

Other Stocks you can buy on 26 September 2013 are:


BHEL, Firstsource Solutions, Zee Entertainment, Dena Bank, Apollo Hospital, Thomas Cook, TATA Motors, Idea Cellular.

Stocks to Buy and Sell Today - September 19, 2013

Top 10 Stocks to Buy  - September 19, 2013 

1. Maruti Suzuki

Buy Maruti Suzuki India, TARGET 1470 and STOPLOSS 1360

2. YES Bank

Buy YES Bank, TARGET 327 and STOPLOSS 315

3.  Firstsource Solutions

Buy Firstsource Solutions, TARGET 16 and STOPLOSS 15

4. ITC

Buy ITC, TARGET 365 and STOPLOSS 336

5. LIC

Buy LIC Housing Finance, TARGET 205 and STOPLOSS 185

6. Bata India

Buy Bata India, TARGET 835 and STOPLOSS 805

7. Hindustan Unilever

Buy Hindustan Unilever (HUL) , TARGET 670 and STOPLOSS 625

8. Motherson Sumi

Buy Motherson Sumi, TARGET 230 and STOPLOSS 2016

9. Pidilite Industries

Buy Pidilite Industries, TARGET 349 and STOPLOSS 235

10. Adani Enterprises

Buy Adani Enterprises, TARGET 139 and STOPLOSS 131

Top 3 Stocks to Sell Today - September 19, 2013

1. Bharat Heavy Electricals

Sell Bharat Heavy Electricals (BHEL), TARGET 120 and STOPLOSS 134

2. Federal Bank

Sell Federal Bank September future, TARGET 287 and STOPLOSS 302

3. Century Textiles

Sell Century Textiles September futures, TARGET 240 and STOPLOSS 253