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SURE SHOT CALLS

Tuesday, 4 February 2014

Market view: Sensex down 304.59 Pts, Tata steel fall 3.90%, 04 Feb nifty future call on tomorrow

The market ended of the day to have come under the grip to bears. Sensex and Nifty ends down red flag with led by Capital goods, FMCG, IT, Oil & gas shares decline on Monday. 

The 30 share Sensex index was ended 304.59 points or 1.48% down at 20209.26 and touch a high of 20480.35 and touch a low of 20182.20. 

The 50 share nifty index was ended 87.70 points or 1.44% at 6001.80, it was touch a high levels of 6074.85 and touch a low of 5994.45. 

Hindalco 5.89%, Tata steel 3.90%, BHEL 3.88%, JP Associate 3.85%, Bajaj Auto 3.80%, Tata motors 3.59%, ONGC 3.27%, Bank of baroda 3.16%, HDFC 2.86%, Ranbaxy 2.78% were top nifty losses. 

Lupin 4.56%, Gail 2.12%, Dr. Reddey's 1.16%, Sun Pharma 0.56%, Cipla 0.55%, PNB 0.38%, Axis bank 0.09% were top nifty gainers. 

Tuesday 04 February Free nifty future trading call on tomorrow 
BUY BHEL with targets 161.50/162/163 and Stop loss 158 
BUY Tata Steel with targets 348/349/350 and Stop loss 337 
BUY Ranbaxy with targets 319/320/321 and Stop loss 311

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