Wednesday, February 20, 2019

QUICK REVIEW OF STOCK MARKET 20 FEB 2019


Bulls staged smart come back on Wednesday after falling in last eight consecutive sessions. The Sensex rallied more than 400 points while the Nifty50 closed above 10,700 levels and formed bullish candle on the daily charts.The frontline indices ended over 1 per cent higher, snapping their 9-day losing streak, led by gains in information technology (IT), financials and metal stocks.Among sectors, the Nifty Metal index, which was the top gainer of the day, ended 2.99 per cent higher led by Jindal Steel and Tata Steel. 

STOCK CALLS TO TRADE FOR 20 FEB 2019

PREMIUM FUTURE-BUY NCC FUTURE ABOVE 84.45 TGT 85.25 87.65 SL 83.85
FUTURE CALL-BUY ICICIBANK FUTURE 2LOTS ABOVE 348.50 TGT 350.50 354.50 SL 346.35

Tuesday, February 19, 2019

QUICK MARKET REVIEW 19-02-19

The indices pared their day's gains and closed nearly half a per cent lower on Tuesday led by a fall in TCS, Infosys, RIL and HDFC twins.Bears dragged the Nifty below 10,600 during last hour trading but managed to close just above the 10,600 level.At the end, Sensex was down 145 points at 35352, while Nifty was down 36 points at 10604. About 1360 shares have advanced, 1169 shares declined, and 122 shares are unchanged.
Buzzing StocksShares of Emami surged 17.6 per cent to Rs 417.7 apiece on the BSE in the intra-day trade after the promoters of the personal products company divested 10 per cent stake in the company for Rs 1,600 crore to reduce the debt. The stock ended 14.80 per cent higher at Rs 407.60.

Monday, February 18, 2019

TODAY'S LIVE FREE DHFL CALL ACHEIVED TARGET

DHFL call given in live market today hit first target;135
Shares of Dewan Housing Finance Corporation Limited (DHFL) moved higher by 10 per cent to Rs 135 apiece on the BSE in an otherwise weak market, on reports that private equity (PE) firms are eying a minority stake in the housing finance company.Despite a rally in global equities, Indian markets lost ground on Monday, as investors assessed the nation’s retaliation to a deadly attack on its defense forces last week. Both Sensex and Nifty are trading below their crucial psychological support levels.Benchmark indices ended nearly 1 per cent lower on Monday, led by a decline in PSBs, IT and FMCG (fast moving consumer goods) stocks. Market remained on a selling spree as reducing foreign inflows due to fear of escalation of tensions at the border impacted the sentiment.The investors should trade with caution and maintain a strict stop loss below 10,620-10,600 in case they are long on the index. After six straight sessions of decline, there is a high probability of a technical pullback.

STOCK TO TRADE ON 18 FEB 2019

FUTURE CALL-BUY DHFL FUTURE 2LOTS ABOVE 132 TGT 135 140 SL 130
FUTURE-SELL KPIT FUTURE BELOW 95 TGT 91 85 SL 99

Friday, February 15, 2019

VOLATILE STOCKS OF 15 FEB 2019

Indices ended marginally lower on Friday led by a decline in HDFC, HDFC Bank, Sun Pharma and Axis Bank.The S&P BSE Sensex ended at 35,809, down 67 points or 0.19 per cent, while the broader Nifty50 index settled at 10,724, down 22 points or 0.20 per cent, Benchmark indices registered strong recovery from the day's low point with Nifty able to close above 10,700 level.BPCL, Power Grid, NTPC, GAIL and Bharti Infratel are the top gainers, while JSW Steel, Sun Pharma, Dr Reddy’s Labs, Indiabulls Hsg and Tata Steel are among major loser on the Nifty.

NTPC CALL UPDATE N STOCK TO TRADE FOR TODAY

FUTURE CALL-BUY POWERGRID FUTURE 2LOTS ABOVE 179 TGT 180 182.50 SL 177.85

NTPC CALL GIVEN IN POST ACHEIVED BOTH TARGETS.HOPE YOU HAVE BOOKED PROFIT 

Thursday, February 14, 2019

MARKET WRAP OF 14 FEB 2019


The Nifty50 after opening lower extended losses amid consolidation and closed the Thursday's session lower, but the broader markets outperformed frontliners with the Midcap and Smallcap indices rising 0.6 percent each.
The frontline indices ended lower on Thursday led by a fall in IT, metal and financial stocks.

The S&P BSE Sensex ended at 35,158, down 158 points or 0.44 per cent, while the broader Nifty50 index settled at 10,746, down 48 points or 0.44 per cent.
BUZZING STOCKS
 YESBANK rallied as much as 30 percent, the highest intraday bounce seen in the stock since July 2005, after the company announced no divergence on the asset classification and provisioning for FY18. Brokerages have upgraded ratings on the stock and see up to 86 percent upside.