Market Commentary & Stock To Watch-21 July 2015

Key benchmark indices registered small losses in the first trading session of the week today, 20 July 2015. Key indices pared intraday losses towards the last one hour or so of the trading session. Key indices once again extended losses towards the close of the trading session. The barometer index, the S&P BSE Sensex was provisionally off 54.89 points or 0.19% to 28,408.42. The 50-unit CNX Nifty was provisionally off 6.40 points or 0.07% at 8,603.45. The decline in the Nifty in percentage terms was lower than the Sensex's decline on provisional basis as cement stocks viz. UltraTech Cement, Ambuja Cements and Grasim Industries which are part of Nifty but are not in Sensex edged higher. The market breadth indicating the overall health of the market was positive.
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.
TVSMOTORS:
Buy TVSMOTORS as remain above 260 stock may show 270/280 level in coming days, below 260 major support 252.

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