INDORE, India -- · Indian markets ended flat. Nifty down by 0.01% and sensex up 0.02%.
· Asia-Pacific mkts mixed. Hang Seng up by 0.63% and KOSPI down by 0.59%.
· Wall Street up.USD unemployment increased by 7k. Dow futures dow by 45 pts.
Indian markets ended closed on flat note ahead of RBI policy (scheduled to announced on 2nd june).On sectorial front FMCG,Energy and Reality sector was up.Banknifty dragged the market at the end of the session. Sensex was up by 20 points at 27848 & Nifty went down by 11 points to settle at 8421 level. European markets trade mixed.
Capital Height’s Stock recommendation for 2/6/2015 is Ajanta pharma Ltd. In today’s trading session it was up by 2.62 %. Its long term trend is up. On daily chart MACD & RSI has given buying confirmation. On daily chart its short term support level is 1600. All the indicators are suggesting that one can go for long position in this stock above 1680 levels. The stock may test level of 1750-1800 in coming days.
Our recommendation on Ajanta pharma Ltd. is long above 1680 level for tgt of 1750.
Stock Tips for Today:
BUY SAREGAMA (LCP-190.65) ABOVE 192 TG-195-199
BUY VENKYS (LCP 331.25) ABOVE 333 TG-338-344
BUY BEML (LCP-1059.05) ABOVE 1062 TG-1069-1078
BUY VADILAL (LCP-503.05) ABOVE 505 TG-510-516
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