Stock Tips Tomorrow 8th December, Stock Calls Tomorrow, Share Market Tips 8th December, Nifty Tips calls 8th December, Intraday Tips, Trading Calls 8th December
Markets closed lower for the fourth session closing near three-week low with ITC contributing the most to the decline after Arvind Subramanian-led GST panel suggested that tobacco products including cigarettes will see a 40% tax. The taxation is over 25% value added tax (VAT) already charged on current products. The market started off week on a negative note, continuing downtrend for fourth consecutive session on Monday despite positive global cues. Oil, auto and select FMCG stocks dragged the market while private banking & financials provided a support. The Sensex lost 108 points to end at 25,530 and the Nifty shed 17 to close at 7,765. Asian share markets closed higher on Monday on the back of firm US jobs report that suggested the world’s biggest economy is in a condition to handle the anticipated first interest rate hike in almost a decade.
Stock Calls For Tomorrow
Buy EDL above 104, Target 105, 106 and 107, Stop loss at 102
Buy MetalForge 92.50, Target 93.50, 94.50 and 95.50, Stop loss at 90.50
Sell Kamat Hotel below 53, Targets are 52.50, 52 and 51.50, Stop loss at 54.