Friday, February 25, 2022

NHPC, INFOSYS & WIPRO ARE TODAY'S HEADLINES

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Measures are seen on the shares of public companies of listed companies of the stock exchange or the decisions taken by the government. Some companies post their decisions after market hours and some companies post their decisions during market hours. Sometimes such information about companies is filtered from other sources as well, affecting their shares favorably or unfavorably. With this in mind, we provide investors with daily information in the form of Buzzing Stocks about those stocks or companies that for some reason will be in the headlines or focus of today's market today.

Wipro-The company will increase the number of employees in Brazil. The company will hire more than 500 new professionals in Brazil in the next fiscal year to offer cloud solutions to its customers. The stock has gained 27 % over the past year. But the last month has seen a 6 % drop.


InfosysThe company has established a Metaverse foundry. The second largest IT company created Metaverse Foundry to make their customers, jobs, products and operations easier and faster. Infosys Metaverse Foundry is an integral part of the company's Living Labs. It drives the digital innovation agenda for businesses to meet emerging priorities and market trends. The stock has returned 32% over the past year.

NHPCFacility agreement signed with HDFC Bank. The Company entered into a loan agreement with HDFC Bank to secure the return on equity of the 540 MW Chamera-I power plant for a period of 10 years. The stock has shown volatility in the recent past. It's down 9 percent over the past week but has returned 15 % over the past year.

EQUITY INTRADAY CASH CALLS FOR 25 FEB 2022

BUY BRIGADE  ABOVE 481 TG 487/493 SL 474

BUY SUNTECK ABOVE 457 TG 463/469 SL 450

Thursday, February 24, 2022

INDEX FUTURE LEVEL PREDICTION FOR TOMORROW 25 FEB 2022

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Russia has launched an attack by armed forces on Ukraine and the event has sent shockwaves around the world. Indian markets were not immune to this and saw a massive sell-off on Thursday ahead of the F&O expiry. Today, Nifty broke the significant 16600 support level and witnessed significant selling pressure in line with global markets. We believe volatility will remain elevated due to an external shock and expect the March series to show further negative bias. Although the bias is bearish, we await derivatives data to set objective levels before taking a strong position from here. Investors can use further deep corrections to buy/average buy in uncertain times and traders to define risk.
At the close, the Sensex was down 2,702.15 points at 54,529 and the nifty was down 815 points at 16,248. All nifty stocks ended in the red, with Tata Motors, IndusInd Bank, UPL, Grasim Indusries and Adani Ports being the biggest losers. All sector indices ended down 3-8%, while BSE mid-cap and small-cap indices lost over 5% each.

NIFTY IMPORTANT LEVELS
SUPPORT:16066,15881,15348
RESISTANCE:16599,16947,17480











BANKNIFTY IMPORTANT LEVELS
SUPPORT: 34700,34170,32610
RESISTANCE:36260,37290,3885

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14500/- PROFIT BOOKED IN INTRADAY FUTURE CALLS

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 VOLTAS(MARCH) ACHIEVED 1ST TARGET @ 1218 BUYING CALL GIVEN FROM 1208 BOOKED PROFIT OF 5000

 TORRENTPHARMA(MARCH) ACHIEVED 1ST TARGET @ 2755 BUYING CALL GIVEN FROM 2735 BOOKED PROFIT OF 5000

 NIFTY(MARCH) ACHIEVED 1ST TARGET @ 16635 BUYING CALL GIVEN FROM 16545 BOOKED PROFIT OF 4500


INTRADAY STOCK FUTURE TIPS FOR 24 FEB 2021

 BUY NIFTY(MARCH) 2 LOTS ABOVE 16545 TG 16635/16725 SL 15345

BUY VOLTAS(MARCH) 2 LOTS ABOVE 1208 TG 1218/1228 SL 1196

BUY TORRENTPHARMA(MARCH) 2 LOTS ABOVE 2735 TG 2755/2775 SL 2714

Wednesday, February 23, 2022

NIFTY BANKNIFTY LEVELS PREDICTION FOR TOMORROW 24 FEB 2022

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Nifty had tested the crucial 16800 support yesterday from where it started to recover. Today nifty opened a gap  and tried to continue the recovery process. However, it failed to sustain above the main hourly moving averages and turned negative at the end of the day. Regarding the price pattern, Nifty has formed a triangle pattern on the daily chart and is consolidating within the pattern. The bottom of the pattern comes in at 16,800 while the top comes in at 17,300. Nifty is expected to see further consolidation in this range that may resume the larger uptrend.

NIFTY IMPORTANT LEVELS:
SUPPORT: 17001, 16934, 16759
RESISTANCE: 17176, 17284, 17459














BANKNIFTY IMPORTANT LEVELS:
SUPPORT: 37260, 37101, 36694
RESISTANCE: 37667, 37915, 383


5000/- PROFIT BOOKED IN BANKNIFTY FUTURE

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BANK NIFTY FUT ACHIEVED 1ST TARGET @ 37735 BUYING CALL GIVEN FROM 37535 BOOKED PROFIT OF  5000
HOLD 2ND LOT TARGET FOR FINAL TARGET 

NIFTY FUTURE LEVELS FOR TODAY 23 FEB 2022

 BUY NIFTY 2 LOTS ABOVE 17184 TG 17254/17320 SL 17106

BUY BANK NIFTY 2 LOTS ABOVE 37535 TG 37735/37920
SL 37315