Jinchuan Group Co., China's largest nickel and cobalt producer, has raised its refined nickel price by CNY2,000 ($443) to CNY158,000 a metric ton. Nickel has touched a low of Rs 948 a kg after opening at Rs.969.2, and last traded at Rs 958.For today market is looking for the support at 945.1, a break below could see a test of 932.3 and where as resistance is now likely to be seen at 973.7, a move above could see prices testing 989.5.
Zinc output from Chinese-owned Australian miner Minerals & Metals Group, or MMG, rose 28% on the quarter to 178,979 metric tons in concentrate in the fiscal second quarter ended June 30, the company said. Zinc yesterday we have seen that market has moved -1.99%. Market has opened at 90.1 & made a low of 87.75 versus the day high of 90.35. The total volume for the day was at 28978 lots and the open interest was at 5711.Now support for the zinc is seen at 87.4 and below could see a test of 86.3. Resistance is now likely to be seen at 90, a move above could see prices testing 91.5. 
Copper slid as a stronger dollar and some disappointing U.S. data led investors to believe the economy wasn't able to support prices that rose last week. Strong corporate earnings reports and some upbeat economic data had led to speculation that demand for copper would continue to rise despite the sluggish economic recovery, pushing prices 8.2% higher last week. Copper has touched a low of Rs 328.5 a kg after opening at Rs 333.3, and last traded at Rs331.4.For today market is looking for the support at 328.7, a break below could see a test of 326 and where as resistance is now likely to be seen at 333.9, a move above could see prices testing 336.3.
Crude oil fell as a report showing consumer confidence fell in July weighed on oil and 
Silver yesterday fell heavily along with the gold and base metal prices. The selloff is seen after report showed fall in consumer confidence in July. Still silver is above 28000 level, above this again a recovery till 28600-28800 can be seen in next few days. Now technically market is trading in the range as RSI for 18days is currently indicating 41.03, where as 50DMA is at 29159 and silver is trading below the same and getting support at 28184 and below could see a test of 27911 level, And resistance is now likely to be seen at 28940, a move above could see prices testing 29423. BOB Capital Markets has upgraded Kalyan Jewellers to BUY from HOLD with a target price of Rs 786, implying about 18% upside from Rs 664.
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Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Steel Sector, Tata Steel
ICICI Securities has retained its BUY call on Tata Steel with a revised sum-of-the-parts target of Rs 230, implying 24% upside from Rs 185 over 12 months.
Axis Securities has kept its BUY call on Pricol Ltd with an unchanged target price of Rs 935, about 28% above the Nov. 5 closing price of Rs 728.
Featured, India Business, Analyst View, Auto Sector, BOB Capital Markets, India, Mahindra & Mahindra
BOB Capital Markets has retained its BUY rating on Mahindra & Mahindra but trimmed its target price to Rs 4,387 from Rs 4,530, still implying about 40% upside from the Rs 3,128 market price.
Featured, India Business, Analyst View, Stock Markets, ICICI Securities, India, Retail Sector, Swiggy
ICICI Securities has maintained its BUY rating on Swiggy but cut its target price to Rs 400 from Rs 520, still implying about 90% upside from the Rs 211 market price.
ICICI Direct, the retail research arm of ICICI Securities, has maintained its BUY call on Stylam Industries with a revised 12-month target price of Rs 3,750, about 21% above the current market pric
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ICICI Direct, the retail research arm of ICICI Securities, has reiterated its BUY call on Saregama India with a 12-month target price of Rs 740, about 16% above the Rs 638 market price, after the RPSG Group music label posted a robust September qu
Featured, India Business, Analyst View, Stock Markets, BOB Capital Markets, Cera Sanitaryware, India, Mumbai
BOB Capital Markets has maintained its BUY rating on Cera Sanitaryware with a target price of Rs 6,437, implying about 34% upside from the Nov. 5 closing price of Rs 4,802.
ICICI Securities has maintained its BUY call on Power Grid Corporation of India, trimming its target price to Rs 350 from Rs 360, which implies about 35% upside from the current market price of Rs 260.
Featured, Analyst View, Futures & Options, Stock Markets, Banking Sector, ICICI Securities, India, SBI
ICICI Securities has maintained its BUY call on State Bank of India with an unchanged target price of Rs 1,300, implying about 34% upside from the current market price of Rs 970.
