Wednesday, 16 March 2016

INTRADAY STOCK FUTURE TIPS BY CAPITAL GROW

The market is still firm with support from bank, capital goods, metals and oil & gas stocks. The Sensex is up 145.41 points or 0.6 percent at 24827.89 and the Nifty is up 57.45 points or 0.8 percent at 7556.20.
 GAIL, Adani Ports, Bharti Airtel, ONGC and ICICI Bank are top gainers while Lupin, Sun Pharma, Cipla, HDFC and Dr Reddy's Labs are losers in the Sensex.

Oil prices extended their gains in Asia today after key producers agreed to meet next month to discuss limiting output and stabilise a long-running price decline.Prices have rallied from near 13-year lows touched in February after Russia and Saudi Arabia mooted a meeting to freeze output.

News of the producers' meeting overshadowed a report showing a lower-than-expected build in US commercial crude inventories. A weaker dollar after the Fed decided against an interest rate increase yesterday also provided support to prices as it makes the commodity cheaper for clients using other currencies. 

BUY GAIL FUTURE ABOVE 357 TGS 359-361-364 STOPLOSS 353

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