Broker’s Recommendations – Intraday Stock Tips For Today 16-01-2017

Stock Tips Today

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

ICICI Direct Recommentations: Sensex: We said, The index may waver closer to the Island range … watch the upside…” Up 213 points on Infosys’ 5% up-tick, the index switched 317 points quickly by 10:30, precisely from the Island, yet settled level for the day. HDFC, ITC spared the Sensex from bigger harm. IT majors TCS, Infosys switched strongly while the A/Dr at iorema in ed nagative 1:2. stogy ete/ at o eaed egat e The activity shaped a Counter Attack Bear flame on profit- booking precisely at the Island range, as we suspected. Such a flame can have negative ramifications on follow-up shortcoming/close below its base. Be that as it may, absence of such a negative follow-up can empower recuperation exertion. In any case, the Island region shows up as a vital specialized upside.

Nifty Future Tips:
Action : Sell in the range of 8440-8450
Targets : 8390
Stop-loss : 8470

ICICI Direct Stock Tips (Current month future):
Action : Buy in the range of 448.00-450.00
Targets : 457.00
Stop-loss : 444.10

Action : Sell in the range of 1195.00-1198.00
Targets : 1175.00
Stop-loss : 1218.10

ICICI Direct Stock Future Tips:
Buy AXIBAN JAN Fut at 464.50-465.50
View: Bullish, Strategy: Buy Future
CMP: 472
Target 1: 467.8, Target 2: 474.5
Stop Loss: 461.2

Sell GRASIM JAN Fut at 840.00-842.00
View: Bearish, Strategy: Sell Future
CMP: 846.9
Target 1: 836.7, Target 2: 826
Stop Loss: 847.3

stock tips

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Sharekhan Calls:The Nifty opened higher but ended the trading session on a negative note. The bears were able to defend the crucial level, ie the 20 Week Moving Average, gap area near the bearish island and the 50% retracement of the fall from 8968 to 7893 are converging at 8430-8460 levels. However, the Index is losing momentum on the upside. The hourly momentum indicator is already showing a negative divergence, has given a negative crossover and has also formed a Bearish Dark Cloud candlestick pattern on the daily charts. Therefore, some caution needs to be maintained while initiating fresh long positions. The bulls will gain momentum if the Nifty breaks and sustains above 8430-8460 levels. The Index continues to make higher top and higher bottom, indicating an uptrend in the near term. Traders holding long positions should trail stop loss as the momentum is weakening.

Religare Recommendation:
Derivatives Ideas:ARVIND included around 1% of open interest as new long positions. Day by day vwap is around 365 levels. Put composing was seen at 360 levels and call buying (loosening up by essayists) was seen at 370 levels. On diagrams, it has made a crisp buying turn on day by day diagrams. We recommend buying 370 CE according to levels given below.

Strategy:BUY ARVIND JAN 370 CE BETWEEN 7-8, SL 4, TARGET 15.

Religare Super Ideas
GAIL BUY, CMP: 452.25, Initiation Range: 446-450, SL: 435, Target: 485, Duration: 3-5 Days
ZEEL BUY, CMP: 477.55, Initiation Range: 475-480, SL: 464, Target: 515, Duration: 3-5 Days

No call still now.

constrained investment.
Way2Wealth Recommendation:
No call still now.

Fairwealth Recommendation: Nifty : Niftyended session with modest
No call still now.

Stocks for Today
No calls still now.

Eastern Finance Recommendation:
Havells India cl 371.60 BUY sl 368 tgt 378
ITDC cl 256 BUY sl 248 tgt 270
DCB Bank c 123.90 BUY sl 121 tgt 128
HT Media cl 78.45 BUY sl 76 tgt 84
Indian Oil Corp cl 350.55 BUY sl 345 tgt 360

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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