Daily Equity Report by Money Maker Research Pvt. Ltd.

Money Maker Research is an Indore based advisory firm provides stock tips, stock future and option trading suggestions, nifty future and option, HNI stock suggestions, commodity trading tips, daily technical reports and FOREX services.

Markets ended the session on a weak note, amid choppy trades, weighed down by selling pressure in pharma shares with Lupin leading the decline.The Sensex ended at 24,900, down by 66 points while the Nifty closed at7, 597, down by 18 points. Investors across the globe are waiting for a speech by the US Fed Chair to get some clues on interest rates following a weak US data.

Meanwhile, participants remain edgy ahead of the March series futures and options contracts expiry due on Thursday. Also, market players are anxiously awaiting the announcement of first bi- monthly monetary policy of the Reserve Bank of India (RBI) for FY16-17 amid clamours for a 25 bps rate cut. In the commodity space, the crude oil prices fell in today’s trade as concerns mount that a rally since January is fizzling

BUY ORICONENT ABOVE 60.50 , TARGET-61.10, 61.70, 62.30, STOPLOSS - 59.30

BUY EXCELINDUS ABOVE 234 , TARGET - 236.30, 238.60, 240.90 , STOPLOSS - 229.40


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