STOCK MARKET TIPS FOR 22 NOV
BUY UNITED SPIRITS FUTURES. ABOVE 1833
TG-1839/1847/1857
SL-1822
BUY MARUTI SUZUKI INDIA ABOVE 1512
TG-1520/1532/1545
SL-1495
Indian Rupee Update: Indian Rupee opened at 55.07 per dollar versus 55.11 yesterday.
The rupee is expected to gain moderately after the dollar gave up some of its gains and on positive equity market cues. The range for the day is seen between 54.75-55.15/$."
STOCKS IN MAJOR MOVEMENT TODAY
UNION BANK OF INDIA: The chart structure of Union Bank shows a strong higher top-higher bottom cycle and we are of the opinion that the next impulsive upmove has begun.
PANTALOON RETAILS: The stock has been moving in a sideways range of Rs 174 to Rs 210 over the past two months.
LARSEN AND TUBRO: has been in a declining trend since last many sessions. We can expect a good reversal on the upside soon.
INDIA CEMENT: We have seen that as a sector cement stocks has been beaten down in last few days. We can expect good reversal on upside soon.
JINDAL STEEL AND POWER: It is now consolidating after a strong rally in a downward channel for so many days buy now showing breakout of Rs 381.
AXIX BANK: In banking sector this counter is showing tremendous strength and now on the verge of breakout of the consolidation.
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