Market Commentary & Stock To Watch-06 June 2015

Banking stocks and index heavyweight HDFC led gains for key benchmark indices on the last trading session of the week today, 3 July 2015. The barometer index, the S&P BSE Sensex, regained the psychological 28,000 level. A small decline had pushed the Sensex below the psychological 28,000 level yesterday, 2 July 2015. The market breadth indicating the overall health of the market was positive. The Sensex provisionally rose 145.33 points or 0.52% to 28,091.13. Metal shares declined.

STOCKS TO WATCH

TITAN:  

Buy TITAN above 360 stocks may show 375-380 in coming days, Below 360 major support will be 353.

TATASTEEL:                                        

Sell TATASTEEL as remain below 300 we may see some new lows. Buy only above 300.

SBIN:

Buy SBIN as remain above 263 stock may show 280/290 level in coming days, below 263 major support 254.

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