Wednesday, 23 December 2015

Top Ten Stocks Focus in Today| Stock Recommendation 23-12-2015


Here is a list of top ten stocks that are in focus today:
GAIL India Ltd
Tata Steel Ltd
Dr Lal PathLabs & Alkem Laboratories Ltd
Canara Bank
ONGC
Prestige Estates Projects Ltd
Tech Mahindra Ltd
Orchid Pharma Ltd
Opto Circuits (India) Ltd
Today’s Stock Recommendation
 Technical Overview: Stock recommendation for 23/12/2015 is Bfutilities ltd. In today’s trading session it was up by 2%. Its long term trend is up. It has made a long green candle indicating further buying in daily chart. Its short term support level is 615. All the indicators are suggesting that one can go for long position in this stock above 637 levels. The stock may test level of 650-670 in coming days.

GAIL, Tata Steel, BHEL, Sun Pharma and Vedanta are top gainers while Wipro loser in the Sensex.
INDIAN MARKET OVERVIEW

In equity market late sell-off has wiped out all the gains on Dalal Street. Select heavies dragged the market while cash volumes remained low ahead of a holiday season. Nifty future down 56 points or 0.70 percent at 7785.
The 30-share BSE Sense down 145 points at 25590. The market breadth was slightly weak as about 1307 shares advanced against 1383 declining shares on the BSE.
Shares of Housing Development and Infrastructure (HDIL) rose 5 percent intraday on Tuesday as real estate company has sold development rights on its land parcel at Kurla to DK Realty (India) for Rs 649.51 crore
Glenmark Pharmaceuticals Inc, USA, has been granted final approval by the US Food & Drug Administration (USFDA) for the Linezolid tablets, 600 mg," Glenmark Pharmaceuticals said in a statement.





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