Tuesday, 24 May 2016

Sensex Nifty Volatile, Gold Silver Down

After a weak opening the Indian Stock Market is moving flat in the morning trade of Tuesday trading session. Sensex is trading at 25245.51 with the lead of 15.15 points and Nifty is trading at 7735.30 with the lead of 4.25 points. Today, Indian Rupee has also received the loss of 14 paise against the Dollar. In Commodity Market, Gold is trading at 29628 with the loss of 56 points, Silver is trading at 39495 with the loss of 170 points and Crude oil is trading at 3253 with the hike of 2 points.
Nelco and Iran's IMIDRO have agreed to establish a aluminium smelter in Iran. It would definitely be a good news for long term investor in Nelco's Stock. IVRCL is planning to sell 20 lakh shares for the fund collection and the company is planning to launch regional airlines. The price of Rice has been increased by 1.5%. Due to drought there are big chances of less rice production this year. In the fourth quarter of financial year 2016, the total profit of Torrent Pharma has been increased by 2.7 times. 

Expert advice to-
Buy Nelco above: 42.25 Targets: 43.86 - 45.53 - 47.24  Stoploss : 40.64
Buy Torrent Pharma above: 1332.25 Targets: 1340.71 - 1349.88 - 1359.08  Stoploss : 1323.14
Buy Kohinoor Foods above: 64 Targets: 65.98 - 68.02 - 70.1  Stoploss : 62.01

Location: Indore, Madhya Pradesh 452001, India


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