Monday, 14 May 2018

HINDUNILVR BULLISH; AS PREDICTED ON 11 MAY 2018


HINDUNILVR ROCKSS ACHIEVED TARGET 1524

 MADE A EXACT HIGH OF 1524.70

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Market summary 14 MAY 2018:  All the sectoral indices, except healthcare and oil and gas, traded lower with consumer durables, IT, industrials and auto losing most. MidCap and SmallCap declined 0.66% and 0.51%, respectively. Dr. Reddy’s, Sun Pharma, NTPC and SBI were top gainers, whereas Tata Motors, ICICI Bank, M&M and TCS were among the major losers.The markets are trading in a range ahead of Karnataka election outcome, which will be known on Tuesday. Dena Bank, Oriental Bank of Commerce, IDFC Bank, IFCI and UCO Bank from the banks and financials, Anant Raj Industries, Atlanta, Housing Development and Infrastructure (HDIL), Hindustan Construction Company (HCC), Patel Engineering and Punj Lloyd from the construction and infrastructure sector hit 52-week low. 
In key results, Abbott India, Hindustan Unilever, Dr. Lal PathLabs, Britannia Industries, Lupin, Hindalco, ITC, Tata Steel, Bajaj Finance and Bajaj Auto are likely to announce their March 2018 quarter earnings later this week.


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