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Wednesday, 9 December 2015

Stock Calls For Tomorrow: 10th December

Indian markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably. Bear continued to hold their grip over Dalal Street as the market fell for sixth consecutive session Wednesday. Investors remained cautious due to uncertainty over GST Bill and volatility in oil prices. Metals, auto, pharma and banking & financials stocks saw selling pressure. Benchmark indices shed more than 4 percent in last six sessions. To further dampen the spirits of participants on Dalal Street, the rout in the commodity prices globally weighed on the sentiment. The 30-share BSE Sensex lost 274.28 points or 1.08 percent to 25036.05 and the 50-share NSE Nifty tanked 89.20 points or 1.16 percent to 7612.50.

Stock Call For Tomorrow
Sell Ajmera below 142 for the target of 140.50, 139 and 137.50, Stop loss at 145 level
Sell PATINTLOG below 110, Targets are 109, 108 and 107, Put stop loss at 112 level.
Buy FRL above 151 level, Target for Intraday are 152.50, 154 and 155.50, Stop loss at 148

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