GOLDEN RULES FOR TRADING

Capital Goods Stocks Outlook For The Week - 22 To 26.10.2018

Capital Goods Stocks Outlook For The Week - 22 To 26.10.2018


             Equity Cash/Futures/Options Segment 

 Stocks of companies in the capital goods sector are seen moving in a narrow range next week, with investors focussing on the results of sector heavyweight Bharat Heavy Electricals Ltd. Investors will look for commentary from the sector bellwether on order inflow from the private sector. Stocks of most capital goods companies have been under pressure in the past few weeks due to a slowdown in orders within the sector and overall weakness in the markets. Larsen & Toubro, Bharat Heavy Electrical and Siemens Ltd are seen facing strong resistance at the current level. Movement in the broader markets is expected to be volatile due to earnings announcement of key companies like ITC Ltd and ICICI Bank Ltd.

Source : Cogencis Information Services Ltd.

              Free Stock Options :Register To Get 2 days Trial Tips
 Free Intraday Tips : Join Our Whatsapp No : 9841986753
  Free Commodity Tips : Join our Whatsapp No : 9094047040