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Thursday, 27 April 2017

Stock And Commodity Tips By Expert

The NSE Nifty continued to be range bound ahead of expiry of April futures & options contracts. The Sensex slipped 66 points at 30,058 while the Nifty dropped 10 points to 9,338 ahead of expiry of April derivative contracts later today. The broader markets outperformed benchmarks but the market breadth remained negative. The BSE Mid-cap and Small-cap indices gained 0.2 percent each. About 1266 shares declined against 1185 advancing shares on the exchange.

In commodity market, Gold gained 32 points at 28,751 while Silver hiked 103 points at 39,961.Precious metal prices to trade higher today on bargain hunting at lower levels after a recent correction, while the corporate tax cut by the US president is a good move, all other complex factors have to be taken care while assessing further volatility in the yellow metal. 

Stock Tips
Sell Abbott India Limited at below: 4372.51 Targets: 4388.17 - 4419.68 - 4380.22 - 4400.79 Stop loss : 4389.06

Commodity Tips 
Sell Crude oil May in the range of 3170-3160 Targets 3110/3060 stop loss 3230.