Stocks to Watch For Tuesday- MAHINDRA LOGISTICS LIMITED

MAHINDRA LOGISTICS LIMITEDOn the daily and weekly charts, the stock is sustaining above this breakout level of 515 that remains a positive sign. The stock is trending up forming the higher top and higher bottom formation that signals a sustained trend above. The stock is well placed above its 20 and 50 day SMA which reconfirms upward momentum in the short to medium-term.

The daily and weekly strength indicator RSI are in a bullish mode that supports upward momentum to continue ahead. We have buying recommended in the range of 519-520 levels for the upside target of 535-555 levels with a stop loss below 495.

Stock to Watch : http://moneycapitalheight.blogspot.com/p/stocks-to-watch-today.html

Market Commentary:

The Sensex was up 192.35 points at 36,578.96, while Nifty was up 54.90 points at 10,961.90. Among sectors energy, IT and Pharma indices led the gainers, while auto, infra, FMCG and metal indices ended in red.

MAHINDRA LOGISTICS LIMITEDRELIANCE, KOTAK BANK, BAJAJ FINSV, SUN PHARMA, BAJ FINANCE were the top gainers among Nifty 50 stocks while HERO MOTOCO, YES BANK, WIPRO, MARUTI, BAJAJ-AUTO were the top losers.

News Highlights:

  • Bajaj Auto MD Rajiv Bajaj has reconfirmed the company’s plan to launch an electric scooter in the Indian market. Speaking at the launch of a new brand campaign for Bajaj Auto, MD Rajiv Bajaj said: “Launch of the electric scooter will happen soon.”

Stock to Watch : http://moneycapitalheight.blogspot.com/p/stocks-to-watch-today.html

Stock Market Closing Bell 21-Jan-2019: CapitalHeight

stock market closing bell

CH: CLOSING BELL

NIFTY FUTURE UP 37 @ 10964

BANK NIFTY FUTURE UP 17 @ 27565

SENSEX UP 192 @ 36578

INR @ 71.24

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International Market Update by Money CapitalHeight

Commodity Tips

CH: INTERNATIONAL MARKET UPDATE

GOLD $ 1281.15

SILVER $ 15.33

COPPER $ 2.70

CRUDE $ 54.23

INR 71.39

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Give Missed Call at +91 830-630-830-8

For More Live Updates Click Here: CapitalHeight