Broker’s Recommendations – Intraday Stock Tips For Today 21-02-2017
Check How SGX Nifty Is Trading
Check here to see live SGX Nifty Price.
ICICI Direct Recommentations: Sensex: We said, On the downside, Friday s hole- up region shows up vital …” Indecisive at first, the index held Friday’s hole up, also, picking up reliably thereafter, completed 193 points or 0.6% higher. All parts finished level to positive yet metal, IT, PSU stocks drove the increases. Buying in the more extensive market prompted to an made strides A/D proportion of 3:1. an made strides A/D proportion of 3:1. The activity framed a Bull flame including support taken at Friday’sgap-up,with good spread across sector sanda more extensive market. Since its high – low was still enclosed inside Friday’s Bear light, quality and close over Friday’s high would be required to affirm the positive predisposition and open up more upsides. Disappointment could draw in some profit-booking.
Nifty Future Tips:
Action : Buy in the range of 8845-8855
Targets : 8898
Stop-loss : 8825
ICICI Direct Stock Tips (Current month future):
Action : Buy in the range of 142.00-143.00
Targets : 144.20/145.40
Stop-loss : 140.90
Action : Buy in the range of 205.00-206.00
Targets : 207.40/209.40
Stop-loss : 203.40
ICICI Direct Stock Future Tips:
Buy RURELE FEB Fut at 153.00-153.30
View: Bullish, Strategy: Buy Future
Target 1: 154.1,Target 2: 156.1
Stop Loss: 152.1
Sell ACC FEB Fut at 1476.00-1480.00
View: Bearish, Strategy: Sell Future
Target 1: 1468, Target 2: 1448
Stop Loss: 1488
How can you trade your market with Trend Blaster For Amibroker
Trend Blaster For Amibroker is a highly profitable advanced indicator trading system that uses multi timeframe approach to provide precise entry and exit points. Entries and exits are coded wisely to have an emphasize on longer time frame trends. It has been designed for Amibroker platform. You can trade all major stocks, indices, commodities and forex with the help of this system. Its one of the best buy sell trading system available in the market with powerful trade screening system (zoom scan). To try Trend Blaster Trading System for your market click here.
Sharekhan Calls: The Nifty slowly and bit by bit crawled higher towards the upper end of the range and closed well in the positive domain. The underlying obstacle is at 8900, which when taken will take the Nifty towards 8930, ie the downtrend line resistance. In transit down, 8860 is the prompt support. Till 8860 is held, the uptrend on an intraday premise will stay in place, as below that level, the Nifty will again go into a solidification stage, ie 8800-8860 run.
Derivatives Ideas: NIFTY futures included around 5% of open interest as long positions. It has moved around 20% into next contract up until this point. Call buying was seen at 8900 strike also, enormous put composing was seen at 8800 strike. We prescribe doing bull spread in nifty according to levels given below.
Strategy: BUY NIFTY 8900 CE @ 25-27 & SELL 8950 CE @ 12-14, NET PREMIUM PAID 13, SL 3, TARGET 34.
Religare Super Ideas:
FEDERALBNK BUY, CMP: 85.95, Initiation Range: 85-86, SL: 82, Target: 94, Duration: 3-5 Days
DISHTV BUY, CMP: 90.70, Initiation Range: 89-90 , SL: 86, Target: 100, Duration: 3-5 Days
NIFTY View Nifty: Nifty settled with OK picks up today and crept closer to 8900, on account of positive household signs and firm worldwide markets. The news of GST Council clearing states remuneration law what’s more, buying in the select index majors pushed the index higher. Development was blended on the sectoral front wherein metal, IT and realty bested the gainers list. We recommend keeping up positive yet mindful approach in index, considering the overbought economic situations. Stocks are likewise doing great in accordance with benchmark however seeing unstable moves in the middle. Furthermore, the upcoming subsidiaries expiry will additionally include to the instability so traders ought to favor supported positions and stay away from abundance use.
No call still now.
Nifty : Nifty settled with better than average picks up on Monday, at 8879, +57 points. On sectoral front IT what’s more, METAL index out performed benchmark records. Fon the other hand today, Asian companions are trading with positive predisposition what’s more, SGX Nifty is trading up by 14 points at 8890. Our intraday extend for today is 8850-8930 , either side supportability will choose the furth er strategy . On option front 9000 calls still have the highest open interest and on put side it’s presently at 8800 put, showing 8750 – 8800 to go about as pivotal support for this expiry from here on. On positional front more extensive territory for Nifty is presently 8700 – 9000.
Stocks for Today:
MARICO Buy(Dely) at 265-67, Stoploss: 262, Target: 276
ONGC Buy(Dely) at 192-194, Stoploss: 189, Target: 202
LICHSGFIN Buy(Dely) at 556-558 , Stoploss: 554 (cl basis), Target: 575
Bank Nifty: Bank Nifty performed in line with Nifty and it finally settled at 20677, +125 points.Banknifty spot
range for today is 20400-20800, either side sustainability will decide the further course of actionfor intraday.
Stocks for Today:
No call still now.
Eastern Finance Recommendation:
Delta Corp Close 128.15 BUY Stop 124 Target 135
DLF Close146.20 BUY Stop 144 Target 150
Tata Sponge Close 628.60 BUY Stop 623 Target 638
Tata Consultancy Close 2502.20 BUY Stop 2479 Target 2538
Jindal Steel & Power Close 100.15 BUY Stop 98 Target 104
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.