Stock to watch for 23RD NOV

SRF
The stock is consolidating around higher levels from past 4 days and formed resistance level around 1800, MACD has also shown upward crossover and RSI is at 61.98 level
We recommended traders to buy SRF future above 1800 level and target of 1808-1820 may achieved with a stop loss of 1790
SRF
INFRATEL
Stock is reversing from its support level 375 and also sustaining above it, MACD has also shown upward crossover and RSI is at 35.08 level
We recommended traders to buy INFRATEL future above 380 level and target of 383-386 may achieved with a stop loss of 376.00
infratel
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Indian ADRs: Dr Reddy’s Lab up 4.2%, Tata Motors gains

wall_street_adr_356_3231_356Indian ADRs ended higher on Monday.

In the IT space, Infosys gained 1.67 percent at USD 18.86.

Wipro added 1.10 percent at USD 11.98.

In the banking space, ICICI Bank advanced 1.34 percent at USD 6.83.

HDFC Bank rose 2.01 percent at USD 64.49.

In the other sectors, Tata Motors was up 1.84 percent at USD 29.30.

Dr Reddy’s Laboratories jumped 4.24 percent to USD 45.

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Indian ADRs: ICICI Bank down 3.5%, Infosys, HDFC Bank slip

wall_street_356_5813_356Indian ADRs ended lower on Friday.

In the IT space, Infosys slipped 0.91 percent at USD 18.55.

Wipro declined 0.75 percent at USD 11.85.

In the banking space, ICICI Bank was down 3.58 percent at USD 6.74.

HDFC Bank fell 1.80 percent at USD 63.22.

In the other sectors, Tata Motors was unchanged at USD 28.77.

Dr Reddy’s Laboratories was up 0.72 percent at USD 43.17.

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