Market Commentary & Stock To Watch-27 July 2015

Key benchmark indices dropped sharply on last trading day of the week. After trading with small losses in first half of the day's trade, key benchmark indices extended fall and hit fresh intraday low in late trade. The barometer index, the S&P BSE Sensex was provisionally off 229.67 points or 0.81% at 28,141.17. The market breadth indicating the overall health of the market was negative. Key benchmark indices edged lower today, 24 July 2015, as complete washout of Lok Sabha proceedings in the first week of the monsoon session, because of a political tussle between the National Democratic Alliance (NDA) government and the Congress party triggered concerns about the passage of key reform bills.

STOCKS TO WATCH



TATAMOTORS:  
Buy TATAMOTORS above 395 stock may show some good rally we may see 410/420 level in coming days.

CEAT
Buy CEAT above 760 stock may show 790/800 level, remain below 760 more down side is expected.

ACC:
Sell ACC below 1460 we may see 1420/1390 level as remain below 1460 levels.

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