Thursday, 8 August 2019

Sensex back above 37000 on buzz about likely rollback of tax hike on FPIs

  16:15   No comments   Edit
The market rallied after media reports suggested that the government is likely to roll back recently-imposed higher tax on foreign portfolio investors (FPIs). The short-covering rally pushed the S&P BSE Sensex higher by more than 600 points while the Nifty closed above 11,000 and posted...

Stock picks of the day: A decisive break below 10,750 may take Nifty towards 10,450

  11:03   No comments   Edit
If Nifty manages to trade above 11,000 consistently then it may induce rally towards 11,250-11,400.    The Nifty on August 7 lost almost 120 points from day’s high after Reserve Bank of India announced a rate cut of 35 bps. After a strong rebound on August 6, the index is in a...

Broader market picks: Buy these 15 midcap stocks for double digit returns

  10:59   No comments   Edit
Foreign institutional investors net sold more than Rs 25,000 crore worth of shares July-August, though DIIs made more than Rs 28,000 crore worth of buying in same months, the Moneycontrol data showed. A 35bps repo rate cut by the Reserve Bank of India did not help the market and the sell-off continued....

Our BTST HUL Call Hits 1st Target.....Waiting For Second Target.......

  10:24   1 comment   Edit
We had given a BTST Call on HUL (Cash/Fut 29-Aug) around 1784 for the target of  1800--1820 Look at the call as Today it made a high 1803 and now trading at 1801 Patience wins the trade....... We Booked Part Profit Today at 1800 We made profit of Rs 4800 on 1  Lot........Even...

OUR STBT CAll on JUBILANT FOOD HITS FIRST TARGET.........ARE You Waiting For Second TARGET!!

  10:01   2 comments   Edit
We had given a STBT Call on  Jubilant Food (Fut 29-Aug) around 1165 for the target of  1140--1125. Look at the call as Today it made a low 1136.90 and now trading at 1138 Patience wins the trade....... We Booked Part Profit Today at 1140. We made profit of Rs 12500 on...
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