Oil
stocks led losses as key benchmark indices edged lower on the first trading
session of the week. The barometer index, the S&P BSE Sensex, provisionally
settled below the psychological 28,000 level, having alternately moved above
and below that level in intraday trade. Earlier, the Sensex had fallen below
the psychological 28,000 level in early trade. The Sensex was provisionally off
208.33 points or 0.74% to 27,858.98. The market breadth indicating the overall
health of the market once again turned positive from negative in late trade.
STOCKS TO WATCH
ASHOKLEYLAND:
Buy ASHOKLEYLAND above 89 stock may show 95-96
level in coming days, below 89 major support will be 87.
MOTHERSONSUMI
Buy stock above 350 stock may show 365/370
level, remain below 350 more down side is expected.
VOLTAS:
Buy VOLTAS above 300 for the target of 325/345
in coming days, keep buy on dips.
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