Broker’s Recommendations – Intraday Stock Tips For Today 21-03-2017

Stock Market Tips

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

ICICI Direct Recommentations: Sensex: We stated, “Counter Attack Bear (CAB) flame can be negative on shortcoming below its base …” The index broke CAB’s base not long after in the wake of opening and lost 130 points or 0.4% for the day therefore. IT majors bound the Sensex. Be that as it may, the more extensive market finished somewhat higher, which tdth A/D ti sick iti turned the A/D ratio marginally positive. The activity shaped a moment back to back Bear light. In any case, after the underlying slide, the index based out for the rest of the day, seemed, by all accounts, to be holding the hole up range below last Thursday”s Bull flame Along these lines holding the below last Thursday s Bull flame. Along these lines, holding the bear flame’s low, as set apart in White, can draw in positive endeavors. Delay staying limited to a few days typically draws in support.

Nifty Future Tips:
Action : Buy in the range of 9140-9150
Targets : 9200
Stop-loss : 9120

ICICI Direct Stock Tips (Current month future):
GRASIM
Action : Buy in the range of 1061.00-1065.00
Targets : 1072.90/1083.50
Stop-loss : 1053.10

AUROPHARMA
Action : Buy in the range of 703.00-706.00
Targets : 712.10/719.10
Stop-loss : 697.40

ICICI Direct Stock Future Tips:
Buy ITC MAR Fut at 286.60-287.00
View: Bullish, Strategy: Buy Future
CMP: 283.65
Target 1: 288.5, Target 2: 291.8
Stop Loss: 285.1

Sell TVSMOT MAR Fut at 438.00-438.50
View: Bearish, Strategy: Sell Future
CMP: 441
Target 1: 436.5, Target 2: 432.5
Stop Loss: 440.5

stock tips

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: TThe Nifty opened hardly over the day by day upper Bollinger Band just to face resistance at the higher level. In the principal half of the session, the index traded with a downward inclination, yet the selling weight was caught up in the second half, when the Nifty discovered support close to the hourly lower Bollinger Band. As far as wave structure, the rally is getting sub-isolated into lower degree waves furthermore, can possibly maintain. The minor adjustment can be accepted as a buying open door. Here and now and medium-term focuses on the upside are 9230 and 9500, individually. On the other side, 9060-9000 will go about as a key support range from a fleeting viewpoint.

Religare Recommendation:
Derivatives Ideas: DIVISLAB included around 4.5% of open interest as new long positions. Every day vwap is around 786.50 levels. On graphs, it has seen upside breakout from two month long clog zone with perceptible ascent in volumes. We recommend buying DIVISLAB according to levels given below.

Strategy: BUY DIVISLAB MAR FUTS BETWEEN 785-788, SL 768, TARGET 855.

Religare Super Ideas:
GRANULES BUY, CMP: 134.45, Initiation Range: 133-135, SL: 129, Target: 145, Duration: 3-5 Days
IBREALEST BUY, CMP: 82.85, Initiation Range: 82-83, SL: 79, Target: 90, Duration: 3-5 Days

NIFTY View Nifty crept insignificantly lower today as profit taking keeps refering to feeble worldwide signals. In line with the benchmark index, sectoral lists too had a dull session and lion’s share finished on level note. In the midst of all, development proceeded on the stock particular front which kept the members occupied till the end. With no real occasion arranged in not so distant future, worldwide signals will to a great extent manage our market incline. Nifty has pad at 9000 and upside likewise appears to be topped to 9300 in close term. Traders ought to utilize this stage to steadily include quality counters and sit tight for the market to recapture momentum.

Way2Wealth Recommendation:
No calls still now

angel broking Recommendation:
Sensex (29519)/ Nifty (9127):
The new trading week began on a level note refering to blended worldwide signals. In any case, it was very amazing to see that our business sectors amplified Friday’s restorative move that we saw subsequent to hitting another high of 9218.40 after US dollar index slipping towards the 100 stamp. Because of good stock particular profit booking, the Nifty in the end finished the session with 0.36% loss to its past close.

At this point, we are quite recently observing traders hoping to take a few cash off the table in the wake of getting a charge out of this persevering up move in the later past. There is no indication of pattern inversion yet and thus, can be interpreted as a breather or a draw back before beginning the following leg of the rally. It’s hard to make a period – astute forecast; however cost – astute, we keep on expecting the Nifty to head towards 9400–9600 (value expansion of past up move from late low of 7893.80 ) throughout the following couple of weeks. Having said that, in the middle some solidification or a profit booking (like we in most recent two days) by momentum traders can’t be precluded. On the lower side, 9100–9050 levels would give a solid support in the anticipated week. Traders are encouraged to continue utilizing such plunges to make crisp aches in the market.

Nifty Bank Outlook -(21110):
The Nifty Bank index continued its consolidation phase and traded in a narrow range to end the session with a marginal loss of 0.31 percent.

As likewise specified in our before reports, the more extensive pattern of the Nifty Bank index keeps on being certain and thus, we expect the markets to continue the more extensive degree uptrend once this combination stage is over. In the mean time, traders can approach stock particular open doors in the segment and trade with positive inclination. Positionally, we anticipate that the index will rally upto 21882 what’s more, 22932, which are the objectives according to the proportional retracements of the past restorative move. The close – term supports for the index is set in the scope of 21060 – 20877 though resistances are seen around 21377 what’s more, 21882.

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.

Leave a Reply