Broker’s Recommendations – Intraday Stock Tips For Today 07-04-2017
Check How SGX Nifty Is Trading
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ICICI Direct Recommentations: Sensex: We stated, “Hanging Man (HM) can be negative on shortcoming below its base … Watch if Bulls ensure it …” Down 156 at first, Bulls ensured HM’s base. what’s more, later made it recoup to settle just 47 pts or 0.1% lower. Realty stocks and RIL drove the increases, yet PSU Banks lost. More extensive market losses prompted A/D proportion turning negative 1:2. The activity shaped a littler, Hammer like light, including little recuperation after a frail begin. It ensured the “cover” level and HM’s base precisely, as set apart in White. Thus, positive options require Bulls securing the White level once more. Be that as it may, starting Global signs are negative. Shortcoming as well as Close below the White check could be negative.
Nifty Future Tips:
Action : Sell in the range of 9250-9260
Targets : 9200
Stop-loss : 9280
ICICI Direct Stock Tips (Current month future):
Action : Buy in the range of 327.00-328.00
Targets : 330.40/333.40
Stop-loss : 324.40
Action : Sell in the range of 1054.00-1058.00
Targets : 1046.20/1036.20
Stop-loss : 1066.40
ICICI Direct Stock Future Tips:
Buy AMBCEM APR Fut at 240.20-240.60
View: Bullish, Strategy: Buy Future
Target 1: 242.1, Target 2: 245.3
Stop Loss: 238.9
Sell JUSDIA APR Fut at 524.00-525.00
View: Bearish, Strategy: Sell Future
Target 1: 521.2 Target 2: 514.5
Stop Loss: 527.8
The Nifty had a negative day by day close today after six back to back positive sessions. It has framed an inside bar on the day by day outline. With today’s minor plunge, the Index has tried the past swing high of 9218 one more time, which is going about as support. Till the current high of 9273 holds, the Nifty can plunge towards 9220-9200 yet once more. Ought to that happen, it can be taken as a buying opportunity. The general pattern keeps on being certain from a here and now and also medium-term point of view. 9340 and 9500 are here and now and medium-term targets, separately. On the other side, 9000-8980 is a noteworthy support range.
Derivatives Ideas: AMBUJACEM included around 7.2% of open interest as crisp long positions alongside some conveyance based buying in past sessions. On outlines, it has witness upside breakout from Inverted Head and Bear design on every day graphs. We recommend buying AMBUJACEM according to levels given below.
Strategy: BUY AMBUJACEM APR FUTS BETWEEN 240-242, SL 237, TARGET 254.
Religare Super Ideas:
SRF BUY, CMP: 1647.75 , Initiation Range: 1645-1655 , SL: 1610, Target: 1750, Duration: 3-5 Days
POWERGRID BUY, CMP: 197.20 , Initiation Range: 197-199, SL: 193, Target: 210, Duration: 3-5 Days
Markets settled level in an unstable session today, refering to blended neighborhood signs. It opened barely lower and traded run destined for most piece of the session, anticipating MPC’s meeting result. In the mean time, members were caught up with discovering trades on stock particular front. The circumstance stayed same after the approach declaration as the unaltered position on enter rate was in accordance with the market see. We feel Nifty may spent a session or two around current levels before further surge. Traders ought to keep up the bullish predisposition and utilize any plunge as buying open door. After the late union, auto can decidedly amaze at any point in the near future however alert is fitting in stock choice. Besides, managing an account tops our most loved rundown followed by NBFCs, capital merchandise and select FMCG counters for here and now trades.
No calls still now
angel broking Recommendation:
No calls still now
No calls still now
Eastern Finance Recommendation:
Navkar Corp Close 208.40 BUY Stop 202 Target 219
Jayshree Tea Close 115.35 BUY Stop 112 Target 122
BPL Close 79.40 BUY Stop 77 Target 83
Orient Paper Close 92.35 BUY Stop 90 Target 96
Jindal Steel Close 132.70 BUY Stop 129 Target 138
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.