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Monday neatly ended the day down, mainly dragged down
by it stocks ahead of tcs' fourth-quarter results. Stocks also fell amid
negative signals from global equities. Technology stocks weighed the most on
the bar, while banks outperformed on rising bond yields. At home, the sensex
fell 482.61 points to end the day at 58,964, while the nifty fell 109 points to
close at 17675. About 2072 shares rose, 1,393 fell, and 121 remained flat. Hcl
technologies, infosys, l&t, wipro and sbi life insurance were the hardest
hit stocks at nifty, while grasim industries, adani ports, jsw steel, upl and
cipla rose. The nifty it index fell over 1% while mid-cap and small-cap indices
ended the day slightly higher. Tcs will open earnings season for nifty
companies.
We expect q4fy22 to be another strong quarter for indian it
players in terms of growth despite high base as tier ii companies are likely to
outperform tier i companies again. Margin headwinds are expected to increase as
supply side pressures are further accentuated by high inflation in the us. The
second largest indian company by market capitalization, growth is expected to
be broad-based across all sectors. The company continues to see strong demand
across technology segments, supported by strong customer demands related to
cloud and digital transformation, data analytics, artificial intelligence, 5g
rollouts for the internet of things and cyber security. Consolidated after-tax
profit for tcs could rise 8% to rs.10,000 crore.
Monday, April 11, 2022
TRADING IDEA FOR TOMORROW 12 APR 2022
14500/- PROFIT BOOKED IN CASH INTRADAY CALLS
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JSW STEEL CASH BOTH TARGET ACHIEVED @ 770/777 BUYING CALL GIVEN FROM 762 BOOKED PROFIT OF 5750
SUNTECK CASH 1st TARGET ACHIEVED @ 494.50 BUYING CALL GIVEN FROM 488.50 BOOKED PROFIT OF 1500
RAYMOND CASH BOTH TARGET ACHIEVED @ 883/890 BUYING CALL GIVEN FROM 875 BOOKED PROFIT OF 5750
GUJRAT GAS 1st TARGET ACHIEVED @ 542.50 BUYING CALL GIVEN FROM 536.50 ABOVE BOOKED PROFIT OF 1500
TRADING TIPS FOR TODAY 11-04-22
BUY RAYMOND ABOVE 875 TG 883/890 SL 866
BUY JSW STEEL ABOVE 762 TG 770/777 SL 753
BUY SUNTECK ABOVE 488.50 TG 494.50/500 SL 481.50
BUY GUJRAT GAS ABOVE 536.50 TG 542.50/549 SL 529.50
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Saturday, April 9, 2022
A MUST-OWN STOCK WAS "HDFC BANK"
"BUY HDFCBANK ABOVE 1535 TARGET 1555/1565 STOPLOSS 1495"
If there was one factor that stole the limelight from everyone else in the domestic equity markets last week, it was the announcement of the merger between hdfc bank and hdfc. News of the merger between the housing finance heavyweight and India's largest bank by market cap catapulted stock markets, with the Sensex gaining over 1,000 points on Monday.
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Friday, April 8, 2022
MARKETS VOLATILE AS RBI MAINTAINS 'ACCOMMODATIVE' STANCE
Today stocks have shown negative momentum for the third straight session on Thursday. Today we see a market starting its day more wary of the RBI's crucial monetary policy. Traders can watch the market movement and then buy and sell in each script. We can expect movement in energy and telecom stocks; insurance stocks will also be in focus as IRDA wants to remove the minimum capital requirement for insurance companies to be competitive in the industry. The expectation is that the central bank will leave interest rates unchanged.
Thursday, April 7, 2022
TRADING IDEA FOR TOMORROW 08-04-22
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According our prediction the RBI
may not increase rates on
Friday.I just hope it
does not come like energy prices that
you just hold on for long and also you have aggressive increases. I just hope
that does not be at the
RBI, and it look at doing it gradationally starting from hereafter. Moment Sensex
finishes the day 575 points or one
percent lower at
& the nifty settles at 17639, down 168 points from
its former close
both extending earnings to the
third day in a
row. Heavyweights similar as the
HDFC halves, TCS and
Infosys the biggest drags on both caption needles.
TODAY’S
HIGHLIGHTS
Today tata power, hdfc bank, hdfc , zee ent., ril ,yes
bank,bel,icici bank, infosys & sbi were among the most traded stock in
thursday's session.today nifty ended the session 168 points down at 17639,
while sensex fell 575 points to 59034.in the nifty, axis bank ltd.up 2.38%,
divi's laboratories ltd.up 1.40%, hindustan unilever ltd.up 1.06 %, dr. Reddy's
laboratories ltd. Up 0.95% & icici bank ltd.up 0.94% stood among the top
gainers. On the other hand, adani ports & special economic zone ltd.down
3.82%, titan company ltd.down 3.22%, hdfc down 2.89%, oil and natural gas
corporation ltd. 2.29% down & power grid corporation of india ltd.2.24%
down were among the top losers of the day.
Wednesday, April 6, 2022
16000/- PROFIT BOOKED IN INTRADAY CASH CALLS
GUJRAT GAS BOTH TARGET ACHIEVED 529/535 BUYING CALL GIVEN FROM 523 BOOKED PROFIT OF 4500
STOCK CASH CALL FOR 06-04-2022
BUY GUJRAT GAS 500 SHARES ABOVE 523 TG 529/535 SL 516
BUY RAYMOND 500 SHARES ABOVE 830 TG 838/845 SL 821
BUY JSW STEEL 500 SHARES ABOVE 733 TG 741/748 SL 724