It’s the middle of the week and there just might good news heading your way.
So without further delay let’s begin!!
The last session of Nifty was rejected from the Downside. Where will the market go now?
The last session of Nifty was rejected from the downside and formed a bullish hammer candlestick pattern. Our technical analysts expect more Sideway moves today.
Our recommendation:
Sell around – 18940
Stop loss – 19100
Target – 18750.
Traders it’s time to focus!! Bank Nifty might see a sideways trajectory today!!
The last session of Bank Nifty was rejected from the downside and formed a bullish hammer candlestick pattern. We expect more Sideway moves today.
Our recommendation:
Sell around – 44150
Stop-Loss – 44500
Target – 43800 / 43600
Trending Stocks of the Day:
BUY HEALTHY STOCKS TODAY!!
AUROPHARMA FUT
Buy Above-688
Stop-Loss- 676
Target- 700.
IT’S BUY’IN TIME!!
BSOFT FUT
Buy Above-342
Stop Loss-333
Target-351.
BUY STOCKS THAT LIGHT UP!
CROMPTON FUT
Buy Above-296.50
Stop-Loss-289.50
Target-303.5
BUY! BUY!! BUY!!
TATACOMM FUT
Buy Above-1614
Stop-Loss-1564
Target-1664
BUY NOW!!
LTTS FUT
Buy Above-4020
Stop-loss-3920
Target-4120
Trending Equity News:
According to sources cited by CNBC-TV18, Piramal Enterprises is set to sell its whole 8.34% interest or 3.12 crore shares, in Shriram Finance through block sales. The floor price is probably set at Rs 1,483 per share, which represents a 5% reduction from the closing price on June 20. The deal’s broker is Morgan Stanley.
Europe-based financial services group Societe Generale has bought 6.42 lakh equity shares in Archean Chemical Industries via open market transactions at an average price of Rs 510 per share. However, Norges Bank sold 9.5 lakh shares, or 0.77% of the company, on behalf of the Government Pension Fund Global for an average price of Rs 510.87 per share.
SBI Mutual Fund purchased 40.68 lakh shares, or 5.08% of KIMS, through open market transactions for a total of Rs. 695.7 crores and an average price of Rs. 1,710 per share. General Atlantic Singapore Kh Pte Ltd, a foreign investor, was the deal’s seller.
That’s all for today folks. We’ll be back with more news soon. So until then, Happy Trading!!
Commodity Samachar
Learn and Trade with Ease