Buzzingstocks

Indian shares continued to rise for a fourth day on Tuesday. The Sensex index ended in positive terrain, while the numbers ignore the stylish Infosys continued sign of 5400 and 5400. Faster pace of real estate stocks followed by the consumer durable and oil and gas and metals shares, while the information technology, tech, consumer goods dropped. Both Sensex and Nifty traded above its highest level over the 24 months.

At the close, the benchmark 30-share index, the BSE Sensex 48.70 points, or 0.27% at 17,985.90. In the meantime, he went with a broad-based NSE nifty rose 17.65 points, or 0.33% at 5,400.65.

In an exclusive interview with Myiris.com, discussed Swapneel V Mantri, senior executives – PMS Sushil Financial Services on three strategies stocks that were flying through out the day. The same is as follows:

Unitech:

Shares of real estate company Rs 4.9, or 6.26%, to settle at 83.20 rupees. The total volume of 10829035 shares traded in the mad cow disease. And opened the company’s shares at 79 rupees. He touched a high of Rs 84.40 and a low of 78 rupees.

Enjoyed Swapneel V Mantri: arrow, and keeping in sync with the real estate, and very good run for 20% in the past two weeks. Immediate resistance to the shares of about 85 levels where we can see some selling pressure. We would like to advice to hold shares with 80 and stop loss. Both MACD and RSI in positive territory. The arrow and the target of 92 above 85 levels.

Sesa Goa:

Shares of Sesa Goa, and Diversified Metals International Mining Company 1.7 rupees or 0.48%, to settle at Rs 356.50. The total volume of 3165465 shares traded on the BSE. The stock was one of the toppers the highest value during the day. Opened at Rs 354.80 and touched 363.20 rupees high and a low of 347 rupees.

Swapneel Mantri V: After rising 494 in mid-April and a sharp correction in stock. After a rebound in stocks, seems to be in the consolidation phase. Recently, it seems that securities accounted for about 345-350 down levels. The shares continue to trade sideways. Immediate resistance for the company is 375 at levels where we could see some selling pressure. Department of Municipal Affairs 200 shares is 376.

Suzlon:

The company’s shares rose 1.7 rupees, or 0.48%, to settle at 356.50 rupees. The total volume of 3165465 shares traded at the BSE (Tuesday). The stock was one of the toppers the highest value during the day.

Swapneel V Mantri: Suzlon is still in the bearish trend. However, in the short term stock and formed the bottom of the well in the 55-57 levels. The shares closed above 50 today in the Department of Municipal Affairs indicate an upward trend in the short term. We recommend to adhere to the position with 60 as stoploss for the purpose of short-term 65.

Were taken Disclaimer: IRIS care and caution in compilation of data on its website. I have been getting the information that IRIS from sources deemed reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for results obtained from the use of this information. IRIS especially states that it has no financial obligations of any kind to any user on account to use the information provided on its website.

Posted in: business