Broker’s Recommendations – Intraday Stock Tips For Today 03-02-2017
Check How SGX Nifty Is Trading
Check here to see live SGX Nifty Price.
ICICI Direct Recommentations: Sensex: We said, Close to the upper Dark channel, a few profit- booking can’t be ruled out…” The index traded level in the to begin with half yet recuperation in the second half empowered it to end 85 points or 0.3% higher. But auto, most different divisions settled level to positive. The pharma, IT stocks drove the additions while the A/ Dr at ioal so continued positive at 2:1. ete/ at oasoco tued poste at The activity framed a littler Bull light with a higher high- low. Shadows on both sides implied an unpredictable trade and a few profit-booking close upper Gray channel. The inclination can remain positive if the index still structures a higher high-low and a Bull flame. Else, the index may continue the unstable mode, with particular moves in the more extensive market.
Nifty Future Tips:
Action : Buy in the range of 8695-8705
Targets : 8755
Stop-loss : 8675
ICICI Direct Stock Tips (Current month future):
Action : Buy in the range of 294.50-295.50
Targets : 300.40
Stop-loss : 292.10
Action : Buy in the range of 1057.00-1062.00
Targets : 1078.40
Stop-loss : 1050.50
ICICI Direct Stock Future Tips:
Buy COLPAL FEB Fut at 905.00-907.00
View: Bullish, Strategy: Buy Future
Target 1: 910.7, Target 2: 922.1
Stop Loss: 899.3
Sell TVSMOT FEB Fut at 384.50-385.00
View: Bearish, Strategy: Sell Future
Target 1: 382.8, Target 2: 378.8
Stop Loss: 386.8
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Sharekhan Calls: The Nifty in today’s session opened possibly positive. After the quieted opening, it scaled over the 78.6% retracement check, ie 8740. Notwithstanding, it proved unable manage in the higher region and closed below the key Fibonacci level. Once the level of 8740 is ruptured on a shutting premise, the Index will head towards 8900, which is our here and now and in addition medium-term target. On the other side, the level of 8672, which prior went about as a resistance, will now offer help to the Nifty.
Derivatives Ideas: M&MFIN additionally included around 7% of open interest as long positions alongside some conveyance based buying in past sessions. On outlines, it is trading on skirt of Inverted Head and Shoulder design on every day graphs. We prescribe doing a bull call spread in M&MFIN according to levels given below.
Strategy: Strategy: Strategy: BUY M&MFIN 300 CE AT 8 & SELL 320 CE AT 3, NET PREMIUM PAID 5, SL 2, TARGET 10.
Religare Super Ideas:
DCBBANK BUY, CMP: 124.30, Initiation Range: 122-123, SL: 118, Target: 132, Duration: 3-5 Days
KSCL BUY, CMP: 475.65, Initiation Range: 465-470 , SL: 455, Target: 500, Duration: 3-5 Days
Markets settled on level note in a range bound session today, grabbing a seat after Wednesday’s surge. In accordance with the index, for the most part sectoral records additionally drifted in a limited go and finished unaltered. In the midst of all, development proceeded on stock particular front, which kept the traders occupied till end. We expect today’s respite in index to develop further and along these lines propose concentrating on stock particular wagers while keeping up buy on plunges approach. Presently, the following target is at 8900 in Nifty so remain with pattern and maintain a strategic distance from contrarian trades.
No call still now.
Fairwealth Recommendation: Nifty :
Nifty : Nifty settled on a level note in a rangebound session on Thursday. On sectoral front, some breather was seen in stocks from IT and PHARMA space. For today, Asian companions are trading blend also, SGX Nifty is too trading level at 8725,- 9 points. Our intraday go for today is 8670 – 8750. From here on, after later solid run we may see some solidification in coming sessions. On option front 9000 calls have highest open interest and on put side it’s presently moved towards 8500 put, demonstrating any plunge towards 8500 – 8550 will go about as a urgent support. Our positional level from here on is 8500-8850.
Stocks for Today:
FORTIS Buy(Dely) at 182-183, Stoploss: 179, Target: 188
JSWENERGY Buy(Dely) at 61-62, Stoploss: 60.50, Target: 65
CEATLTD Buy(Dely) at 1180-1200, Stoploss: 1160, Target: 1260
Bank Nifty: Bank Nifty performed in line with Nifty and settled at 20070, +49 points.Banknifty spot range for today is 19900-20200, either side sustainability will decide the further course of action for intraday.
Stocks for Today
No call still now.
Eastern Finance Recommendation:
ALLSEC Tech Close 427.20 BUY Stop 419 Target 440
Aegis Logistics Close 145.95 BUY Stop 142 Target 152
Intellect Design Close 150.25 BUY Stop 146 Target 158
SREI Infra Close 92.10 BUY Stop 90 Target 97
Tata Metaliks Close 411.25 BUY Stop 399 Target 430
Remember: This recommendations are by brokers and we have collated them for our readers. Please read the disclaimers carefully before trading.
Moumita is a master's degree holder in Bengali from Kalyani University. She is well conversant in BPO and also in computer applications. She is an avid learner of stock market and the newest addition to StockManiacs team.