BUY SRF FUTURE ABOVE 2254 TGT 2269/2282 SL 2239
BUY NIFTY 10900 CALL @ 50 TGT 77/99 SL 21
BUY NIFTY 10900 CALL @ 50 TGT 77/99 SL 21
The Nifty50 after early trade volatility gained
strength and closed on a strong note on Monday, driven by global optimism after
substantial progress in bilateral talks between the US and China. The approval
of GST council to lower the tax rate on real estate project also lifted sentiment.
The index continued its positive momentum for fourth consecutive session and
formed bullish candle on daily charts. The Goods and Services Tax Council on February 24 slashed tax rate on
under-construction residential properties which are likely to benefit home
buyers, real estate developers in select cities, and housing finance companies .
BUZZING
STOCKS:
Shares of Adani Ports and
Special Economic Zone fell more than 8
percent intraday on February 25 after its subsidiary Adani Logistics said it
will acquire Adani Agri Logistics from Adani Enterprises.
Shares of Wipro hit 19-year high of Rs 396 apiece, up 4.5 per cent
on the BSE in the intra-day trade, after the company fixed March 7, 2019, as
the record date to determine eligible shareholders entitled to receive the
bonus equity shares. The stock ended at Rs 387, up 2.11 er cent on BSE.Shares of Neuland
Laboratories rallied 18 per cent to Rs 760 apiece in the intra-day trade,
soaring 54 per cent in the past two weeks on the BSE, after the company
reported an over six-fold jump in net profit at Rs 4.6 crore in December 2018
quarter . The stock settled at Rs 722.50.
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