Brokers Bets – Intraday Calls For 16-10-2018

ICICI Direct Intraday Calls For 16-10-2018:

Nifty Future Tips:

Action -Buy
Price Range -10470-10485
Target -10504.0/10530.0
Stop loss -10454.00

ICICI Direct Stock Tips (Current month future):

Sun Pharma (SUNPHA)
CMP -601.40
Action -Buy
Initiation Range -600.00-601.00
Target -606.40/611.80
Stop Loss -594.50
Rationale -Price rebounding from the previous breakout area and bullish crossover in the 14 period’s RSI in daily chart

Bajaj Finance (BAJFI)
CMP -2314.10
Action -Buy
Initiation Range-2313.00-2318.00
Target -2337.80/2358.20
Stop Loss -2294.80
Rationale- A falling channel breakout and price sustaining above 200 days EMA

Intraday Calls For 16-10-2018

Way2Wealth Recommendation:

SUNPHARMA Buy At cmp 600, Target:640, Stop Loss:580
BHARATFORG Sell Below 576, Target:550, Stop Loss:591
CHOLAFIN Sell Below 1169, Target:1110, Stop Loss:1205

IDBI Direct:

ZEEL(472.5), Buy on dips till 470, Target 486, SL 466

India Infoline:

Trading Strategy
Adani Enterprises (Buy between Rs152-154, Target Rs159, Stop Loss Rs149.25
Derivative Strategy
Buy Rel Infra October Future at Rs328-331, Stop Loss Rs322.5 and Target Rs336-337

Remember:

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



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