FUTURE:
"BUY TATASTEEL
ABOVE 250 TGT 255/260 "
"SELL TATASTEEL BELOW
246 TGT 242/238 "
DAILY CHART FOR TATASTEEL:
MARKET SUMMARY OF 01 FEB 2016
The
Sensex opened at 24,982, touched an intra-day high of 25,002 and low of 24,789.
It finally ended with a loss of 45 points at 24,824. The Nifty opened at 7,589 hitting a high of 7,600
and low of 7,541, before ending with a loss of mere eight points at 7,556.
The Indian equity market closed with marginal losses on Monday amid a highly
choppy session. After hitting intra-day high of 7600 mark in early trades,
indices constantly struggled to find any specific direction. FMCG, telecom,
capital goods and industrials were among the major gainers.Even the small-cap and mid-cap stocks were in momentum. On the other hand, banking, power and oil & gas stocks were under pressure. Among the 50-stocks of Nifty, Adani Ports, Yes Bank, Ambuja Cement, Bharti Airtel, Coal India, ACC, Idea Cellular and Cipla were among the gainers on NSE, whereas ICICI Bank, SBI, Maruti Suzuki, Bank of Baroda, Axis Bank, HUL, Vedanta and Dr Reddy's were among the losers today.
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