Tuesday, February 5, 2019

MARKET SUMMARY 05 FEB 19

FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN HERE>>>>
BUY IGL FUTURE  ABOVE 302.50 TGT 307.50/  312 SL 295
IF YOU WANT TO INVEST FOR LONG TERM 
BUY IGL FUTURE  ABOVE 302.50 TGT 330  SL 280

Today's market  opened flat but remained positive to range bound for most part of the session.. It continued to form higher lows for the fifth consecutive session and closed with a gain of around 20 points. Nifty managed to hold above 10,880 level for the entire day and formed a small bullish candle on the daily scale. Now, it has to hold above 10,880 to extend its move towards 10,985 and then start a fresh leg of rally towards 11,080 then 11,176 levels, while on the downside support  . The Sensex ended at 36,617, up 34 points. Titan and Dr Reddy’s were up by over 3 % after reporting good numbers for Q3 result. Volatility is likely to remain high in the coming sessions as investors will await the outcome of RBI Monetary Policy review meeting on Thursday, and also keep an eye on earnings numbers. Punjab National Bank  settled at Rs 73.45, up 0.41 % on the BSE after the public sector lender reported a 7.12 % year-on-year rise in its net profit at Rs 246.51 crore for December quarter.

STARS OF THE DAY :- ZEEL,TITAN,UPL
WORST PERFORMER OF THE DAY:-COALINDIA, TATASTEEL,YES BANK

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