Buy Tata Steel With Stop Loss Of Rs 637

Buy Tata Steel With Stop Loss Of Rs 637Technical analyst Rahul Mohinder has maintained 'buy' rating on Tata Steel Limited with a target of Rs 661.

According to analyst, the investors can buy the stock above Rs 645 with a stop loss of Rs 637.

The stock of the company, on December 15, closed at Rs 642.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 737 and a low of Rs 448.65 on BSE.

Current EPS & P/E ratio stood at 80.87 and 7.99 respectively.

Buy Arvind Ltd With Stop Loss Of Rs 54

Arvind LtdTechnical analyst Ashish Chaturmotha of Anand Rathi Securities has maintained 'buy' rating on Arvind Limited stock with a target of Rs 61.

According to analyst, the investors can purchase the stock with a stop loss of Rs 54.

The stock of the company, on December 15, closed at Rs 56.30 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 68.60 and a low of Rs 30.35 on BSE.

Current EPS & P/E ratio stood at 3.19 and 18.11 respectively.

Commodity Outlook for Rubber by KediaCommodity

RubberRubber yesterday traded with the positive node and settled 0.6% up at 20520 as persistent rain in T

Commodity Outlook for Mustard Seed by KediaCommodity

Mustard SeedMustardseed yesterday traded with the negative node and settled -0.05% down at 570.4 due to lack of cues. The total arrivals of mustard seed increased by 8000 bags to 70000 bags in major mandies. In the Jaipur spot market in Rajasthan the price edged up by 0.25 rupee to 568.65 rupees per 20 kgs. In yesterday's trading session Mustardseed has touched the low of 567.1 after opening at 571, and finally settled at 570.4. For today's session market is looking to take support at 567.6, a break below could see a test of 564.9 and where as resistance is now likely to be seen at 572.6, a move above could see prices testing 574.9.

Trading Ideas:

Commodity Outlook for Wheat by KediaCommodity

WheatWheat yesterday traded with the positive node and settled 0.06% up at 1309 on forecasts of drier weather in rain-soaked major producer Australia. The U.S. Department of Agriculture last week raised its forecast for U.S. wheat carry-over stocks for 2010-11 as well as global supplies. In Delhi wheat prices gained 0.7 rupee to end at 1301.6 rupees per 10 kg. In yesterday's trading session Wheat has touched the low of 1306 after opening at 1307.8, and finally settled at 1309. For today's session market is looking to take support at 1307, a break below could see a test of 1305 and where as resistance is now likely to be seen at 1310, a move above could see prices testing 1311.

Commodity Outlook for Crude Palm Oil by KediaCommodity

Crude Palm OIlCrude Palm oil yesterday traded with the negative node and settled -0.34% down at 528.6 sapped by weaker overseas market and crude oil prices, but losses were capped by tight supply concerns. In yesterday's trading session Crude Palm oil has touched the low of 526 after opening at 531, and finally settled at 528.6. For today's session market is looking to take support at 525.2, a break below could see a test of 521.9 and where as resistance is now likely to be seen at 532.7, a move above could see prices testing 536.9.

Trading Ideas:

Crude Palm OIl trading range is 521.8-536.8.

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