Broker’s Recommendations – Intraday Stock Tips For Today 10-04-2017

Intraday Stock Tips

Check How SGX Nifty Is Trading
Check here to see live SGX Nifty Price.

ICICI Direct Recommentations: Sensex: We stated, “Worldwide signs are negative … Shortcoming below the White check could be negative …” The index broke the white check, down 164 points at open, it recuperated 122 points by 2:15 pm however just to slip 214 points again to settle 221 points or, then again 0.7% lower. The pharma, metal, PSU banks and realty files lost 1%+ while the A/D proportion stayed negative 1:2. The activity shaped a Bear flame, which broke the two-day low and “cover” level we set apart in White. The flame’s low was seen trying the crevice up territory of last Monday, which is likewise the lower end of the Gray channel appeared. Holding these specialized supports will be required for positive options. Be that as it may, inability to hold these supports would be negative.

Nifty Future Tips:
Action : Sell in the range of 9240-9250
Targets : 9195
Stop-loss : 9270

ICICI Direct Stock Tips (Current month future):
IOC
Action : Buy in the range of 397.50-398.50
Targets : 401.90/406.00
Stop-loss : 393.90

INDIANB
Action : Sell in the range of 274.00-275.00
Targets : 271.60/269.10
Stop-loss : 277.20

ICICI Direct Stock Future Tips:
Buy EICMOT APR Fut at 25740.00-25760.00
View: Bullish, Strategy: Buy Future
CMP: 25807.95
Target 1: 25910, Target 2: 26230
Stop Loss: 25590

Sell BANBAR APR Fut at 170.30-170.60
View: Bearish, Strategy: Sell Future
CMP: 168.85
Target 1: 169.9, Target 2: 168.8
Stop Loss: 171.1
Sensex Dail Chart 10042017
Sharekhan Calls:
The Nifty saw a minor difficulty today, shutting the week on a level note. Since the last couple of sessions, the Index was taking support close to the past swing high of 9218. Nonetheless, today, it has broken below 9218 and has fallen back below 9200. Fundamentally, the fall appears to be a retracement of the past ascent and is probably not going to form into a bigger fall. 9180-9150 is a urgent support zone from where the Nifty can begin the following leg up. The general pattern keeps on being certain from a here and now and in addition medium-term point of view. 9340 and 9500 are here and now and medium-term targets, individually. On the other side, 9000-8980 is the significant support zone.

Religare Recommendation:
Derivatives Ideas: LUPIN included around 4.80% of open interest as short positions. Every day vwap is around 1427 levels. On outlines, it has seen support line separate on every day graphs, and it is likewise trading below short term and in addition long haul moving averages on day by day outlines. We propose selling LUPIN Apr futures according to levels given below.

Strategy: SELL LUPIN APR FUTS BETWEEN 1430-1440, SL 1475, TARGET 1360.

Religare Super Ideas:
DABUR BUY, CMP: 282.40 , Initiation Range: 282-284 , SL: 277, Target: 298, Duration: 3-5 Days
HINDPETRO BUY, CMP: 535.80 , Initiation Range: 530-535 , SL: 520 , Target: 565, Duration: 3-5 Days

NIFTY View
Nifty lost over a large portion of a percent in an unstable trading session, pressurized by feeble worldwide signals. Opinion was downbeat from the earliest starting point in response to the news of US rocket assault on Syrian airbase. In any case, freedom of essential GST enactments in Rajya Sabha die down the harm and indexed to recoup a few losses in the center. Be that as it may, it couldn’t manage at higher levels for long and slid vertically in a hour ago of the trade, refering to shortcoming in the European markets. In the event that this geo-political strain heightens further, Nifty may remember to 9100 sooner rather than later, be that as it may, it won’t switch the predominant up pattern. Traders ought to keep up positive yet alert approach and watch out for world markets for signals.

Way2Wealth Recommendation:
No calls still now

angel broking Recommendation:
No calls still now

fairwealth Recommendation:
No calls still now

Eastern Finance Recommendation:
No calls still now

Remember: This recommendations are by brokers and we have collated them for our readers. Please read the disclaimers carefully before trading.

Author Bio

Moumita Biswas

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.

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