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Wednesday, 19 April 2017

Latest Stock and Commodity Tips : Expert View

Benchmark indices remained listless in noon ahead of IndusInd Bank and Yes Bank's March quarter earnings due later today. However, the broader markets outperformed, with the Nifty Mid-cap and Small-cap indices rising half a percent each. 

The BSE Sensex declined 19.50 points at 29,299.60 and the NSE Nifty slipped 10 points to 9,096.95.The market breadth turned positive as about 1359 shares advanced against 1158 declining shares on the BSE.Technology, banks and FMCG stocks were under pressure while select infra and auto stocks gained. 

Stock Tips:
Sell Raymond Limited below 730.00 Targets 721.85 - 720.00 - 724.80 - 715.21 Stop loss 720 

Commodity Tips
Sell Crude Oil may in the range of 3400-3390 Targets 3330/3250 Stop loss 3460. 

Expert view: Technically crude oil is selling on hourly/daily charts while MACD and RSI also indicate good selling opportunity in it. So,traders should go for sell on higher level strategy.

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