IT
stocks led gains for key benchmark indices. The market sentiment improved as
crude oil prices extended recent losses. Brent crude oil futures edged lower on
persistent worries about a global supply glut. The decline in crude oil prices
augurs well for India. Key benchmark indices remained in positive zone throughout
the trading session. The market breadth indicating the overall health of the
market was positive. The barometer index, the S&P BSE Sensex, was
provisionally up 105.67 points or 0.38% to 27564.90. In overseas stock markets,
Chinese stocks ended higher with sharp gains in the last half-hour of trading.
STOCKS TO WATCH
TATAMOTORS:
Sell TATAMOTORS as remain below 390 we may
see 350/340 level in coming days, above 390 major resistances will be 405.
APOLLOTYRE
Buy APOLLOTYRE above 198 stock may show 210/215
level, remain below 198 more down side is expected.
CAIRN:
Sell CAIRN below 175 we may see 162/155 levels
remain below 175 levels.
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