Market Commentary & Stock To Watch-20 July 2015

Auto stocks and index heavyweights ITC and Infosys led gains for benchmark indices on the last trading session of the week today, 17 July 2015. Benchmark indices registered minuscule gains. The intraday movement for the benchmark indices was within a narrow range. The barometer index, the S&P BSE Sensex, was provisionally up 28.09 points or 0.1% at 28,474.21. The market breadth indicating the overall health of the market was positive. In overseas markets, Chinese shares recovered further after a series of government support measures to halt their recent crash.

STOCKS TO WATCH

CROMPTON GREVES:  

Buy CROMPTON GREVE above 186 stocks may show 210/220 in coming days, Below 186 major support will be 175.

ITC:                                                        

Buy ITC as remain above 314 we may see some good move. Buy only above 314.

TATAMOTOR:

Buy TATAMOTOR as remain above 395 stock may show 410/415 level in coming days, below 395 major support 382.
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