Market Commentary & Stock To Watch-18 September 2015

Stocks of private banks and index heavyweights ITC and HDFC led gains for key indices. The barometer index, the S&P Sensex, rose 225.23 points or 0.88% at 25,931.16, as per provisional closing data. The 50-unit CNX Nifty rose 70.05 points or 0.89% at 7,899.15, as per provisional closing data. The Sensex and the Nifty remained in positive zone throughout the trading session. Positive lead from global markets aided gains for key equity benchmark indices.

STOCKS TO WATCH

SKSMICRO FIN:
Sell SKSMICRO as remain below 460 we may see 440/430 above 460 major resistance will be 475.

VEDANTA:
Keep selling but only on rise 60/50 levels are waiting………

L&T:
SELL L&T below 1590 we may 1520/1490 in coming days.

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