Broker’s Recommendations – Intraday Stock Tips For Today 21-04-2017
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ICICI Direct Recommentations: Sensex: We stated, “Sledge can be sure if the activity reinforces over its Head …” The index kept up itself over the Pound and completed 86 points or 0.2% higher thus. But private banks, most segments settled level to positive. HDFC twins supported the Sensex’ picks up. Picks up in realty and little, midcap stocks brought about positive A/D proportion of 2:1. The activity shaped the principal Bull flame after five Bear candles. It additionally hit the primary clear higher high-low after nine days. The predisposition would be certain the length of the index keeps shaping a Bull flame with a higher high-low. Proceeding with the positive inclination would likewise mean support taken at the hole up zone of March 14 as we suspected. Disappointment could re-test the hole up zone.
Nifty Future Tips:
Action : Buy in the range of 9140-9150
Targets : 9200
Stop-loss : 9120
ICICI Direct Stock Tips (Current month future):
Action : Buy in the range of 1080.00-1084.00
Targets : 1091.80/1101.90
Stop-loss : 1071.40
Action : Buy in the range of 398.00-400.00
Targets : 402.90/407.10
Stop-loss : 394.90
ICICI Direct Stock Future Tips:
Buy HINDAL APR Fut at 189.00-189.30
View: Bullish, Strategy: Buy Future
Target 1: 190.1, Target 2: 192.4
Stop Loss: 187.9
Sell STABAN APR Fut at 282.00-282.40
View: Bearish, Strategy: Sell Future
Target 1: 281, Target 2: 278.3
Stop Loss: 283.6
The Nifty opened on a positive note today and progressed to test its significant hourly and day by day moving averages. It has posted a positive day by day close after five back to back negative sessions. The hourly outline demonstrates that the Nifty has framed an extending triangle. The Index combined close to the lower end of the example and the 78.6% retracement of the current ascent. From that point, it has begun the following leg up. The lower end of the turn around rising channel additionally offered help to the Nifty. On the path down, the intersection of 40DEMA, day by day lower Bollinger Band and the swing lows, ie 9030-9020 is a vital support zone for the Nifty. Till that hangs on an end premise, the bigger pattern stays positive. In transit up, 9200-9218 is a key resistance zone to keep an eye out for. The general here and now focus of 9340 stays in place.
Derivatives Ideas: ULTRACEMCO included around 2.5% of open interest as new long positions. In accordance with other bond stocks, it has likewise seen expansion of long positions. It has additionally made a crisp buying turn on every day and additionally on weekly outlines close value support zone of 3940-3950 levels. We suggest buying ULTRACEMCO Apr futures according to levels given below.
Strategy: BUY ULTRACEMCO APR FUTS BETWEEN 4000-4020, SL 3950, TARGET 4150.
Religare Super Ideas:
VILTAS BUY, CMP: 418.95 , Initiation Range: 416-420 , SL: 408 , Target: 445 , Duration: 3-5 Days
HINDPETRO BUY , CMP: 553.45 , Initiation Range: 553-558 , SL: 540 , Target: 590 , Duration: 3-5 Days
Nifty closed insignificantly higher in an unstable session today without any significant trigger. Following five days of fall, members liked to aggregate choose index majors accessible at great deal. Likewise, presence of support around 9100 check added to the energy. In the midst of all, it was a blended session on the sectoral front while observable recuperation was seen in midcap and smallcap space. We recommend proceeding with buy on plunges approach and keeping the utilized positions supported. Bear in mind that we additionally have subordinates expiry planned one week from now which will facilitate add to the overall instability. Along these lines, hazard administration ought to be the prime core interest. At the same time, watch out for profit and worldwide advancements for further signs.
No calls still now
angel broking Recommendation:
No calls still now
No calls still now
Eastern Finance Recommendation:
Powergrid Close 211.20 BUY Stop 207 Target 217
A2Z Infra Close 47.70 BUY Stop 45 Target 52
HCC Close 44.20 BUY Stop 43 Target 46
KEI Inds Close 206.90 BUY Stop 200 Target 217
MRPL Close 121.35 BUY Stop 118 Target 126
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.