It’s Friday and we’ve finally reached the end of the week. A lot of info has been rolling in and we can wait to convey all the factors to you.
So without further adieu let’s begin!!
Change in Trajectory for Nifty. Will it continue its momentum downward?
Our technical analysts found the momentum of the market going down after getting a rejection.
The last session of Nifty was rejected from the upside and it formed a bearish engulfing candlestick pattern. Our Technical analysts suggest that traders may expect more downside moves in the coming days too.
Our recommendation:
Sell around – 18780
Stop loss – 18880
Target – 18650
Is the bank nifty seeing a reversal in momentum? How can traders capitalize on this?
The last session of Bank Nifty seemed strong selling pressure and then formed a strong bearish candlestick pattern. Our technical analysts believe that the downward trend may continue in the following days.
Our recommendation:
Sell around – 43850
Stop loss – 44350
Target – 43350/43100
The Trending Stocks of the Day:
It’s Friday and it’s time to list out our favourite stocks to focus on.
Our technical analysts have been on this since morning, and here are the hottest stock picks in the market just for you.
SELL on health FUT, you can’t go wrong!!
SELL APOLLOHOSP FUT!!
Sell below – 5190
Stop loss – 5270
Target – 5110
It’s time to buy some paint!!
ASIANPAINT FUTURE IS UP FOR BUY!!
Buy above – 3305
Stop loss – 3285
Target – 3325
BUY!! BUY! BUY!!
ATUL FUT
Buy above – 7010
Stop loss – 6910
Target – 7110
SELL!! SELL!! SELL!!
AUROPHARMA FUT
Sell around – 687
Stop loss – 695
Target – 679
It’s SELL calls all day long!!
SELL BHARTIARTL FUT
Sell below – 831
Stop loss – 837
Target – 825
The Hottest Equity News:
It’s the end of the week and traders will have to look out for this exciting news. So let’s begin!
TVS Company has sold its entire stake in Emerald Haven Realty Ltd for a handsome consideration of INR 166.83 crore. They had held a whopping 43.54 per cent stake in Emerald Heaven Realty.
Newquest Asia Investment II Limited exited Capacite Infraprojects by selling the remaining 17.21 lakh shares at an average price of INR 200 per share.
That’s all the info we’ve got for you today. We’ll be back with more in the next session, so until then, Happy Trading!!
Commodity Samachar
Learn and Trade with Ease