Market Commentary & Stock To Watch-14 August 2015

Key benchmark indices provisionally settled higher in what was a highly volatile trading session. The barometer index, the S&P BSE Sensex was provisionally up 132.64 points or 0.48% at 27,644.90. The market breadth indicating the overall health of the market was weak. Volatility heightened in late trade as key indices regained positive terrain after slipping into the red for a brief period.

TOCKS TO WATCH

TECHM:  
Buy TECHM above 550 stock may show 575-590 level in coming days, below 550 major support will be 535.

MOTHERSONSUMI
Buy stock above 350 stock may show 365/370 level, remain below 350 more down side is expected.

UNIONBANK:
Buy UNIONBANK above 201 for the target of 218/224 in coming days, keep buy on dips.
Bank Nifty

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