Nifty Weekly Update (07th to 11th October 2019)
  • posted by IMV |
  • 06/10/2019

 Indian Economic Update  The Nifty 50 index, which surged to a two-month high of 11,600 on Sept. 23 after the tax bonanza, is now below 11,200 points. The S&P BSE Sensex index, which hit 39,097, is now down nearly 1,400 points since its Sept. 24 high. On Friday, Sensex fell 1.14% to 37,673.31 points and Nifty shed 1.23% to 11,174.75 after the Reserve Bank of India cuts its repo rate for the fifth time this...

MORNING NIFTY AND BANK NIFTY UPDATE (3rd Oct 2019)
  • posted by IMV |
  • 03/10/2019

Nifty Future As expected, We have seen a sharp downside move in Nifty Future below our mentioned support level of 11440.  Hope our viewers minted tonnes of money in it. Now, what to expect? Nifty has support at 11400 and a hurdle at 11500. Break and sustain below 11400 will take it to 11280--11250 levels else it could test its hurdle of 11500. Break and sustain above  11500 will see upside move till...

Morning News Headlines
  • posted by IMV |
  • 03/10/2019

MONEYCONTROL • Hero MotoCorp: The company reported a month-on-month growth of 12.6 percent in two-wheeler sales in September. • Prestige Estates: Company and DB Group will invest Rs 2,000 crore for a project in Delhi. • M&M: The company and Ford Motor formed a JV in which it will own 51 percent stake in Ford India arm for up to Rs 657 crore. • Dr Lal Path Labs: CRISIL has reaffirmed the credit rating for the...

IRCTC IPO REPORT
  • posted by IMV |
  • 30/9/2019

                                         Incorporated in 1999, state-owned Indian Railway Catering and Tourism Corporation Limited (IRCTC) is a wholly-owned subsidiary of Indian Railways. IRCTC handles tourism, catering, and online ticket booking services and provides packaged drinking water in trains and at railway stations in the...

TODAY’S TOP GAINER LEVEL UPDATE (30TH Sep 2019)
  • posted by IMV |
  • 30/9/2019

SUDARSHAN CHEMICAL INDUSTRIES LIMITED (SYMBOL - SUDARSCHEM) Stocks look bullish on the chart. Currently 3 % up from the previous closing. Catch it around 384, if it sustains and closes above 384 for 3 consecutive days + weekly closing will see upside movement till 420 +++ levels in coming days. Support and stop loss below 370 on a closing basis. ASTRAZENECA PHARMA INDIA LIMITED (SYMBOL - ASTRAZEN)...

MORNING NIFTY AND BANK NIFTY UPDATE ( 30TH SEP 2019 )
  • posted by IMV |
  • 30/9/2019

Nifty Future Nifty Future traded in a range on Friday trading session. What to expect now?? Nifty future has resistance at 11600 and support at 11500. Break and sustain above 11600 will take it to 11730--11750 level and then to 11850 level in days to come.  Any downside panic in Nifty Future looks only on close below 11500 level. So Traders may go long in Nifty Future above 11600 with stop loss below...

Morning News Headlines
  • posted by IMV |
  • 30/9/2019

MONEYCONTROL • Punjab & Sind Bank: The lender received Rs 787 crore from the government in connection with the capital infusion. • Syndicate Bank to adapt repo rate as external benchmark rate to link new floating rate loans. • Future Consumer: Unit acquired 50 percent stake in Genoa Rice Mills from the JV partner. • Voltas: Board approved the proposal for the merger by absorption of Universal Comfort...

Weekly update on Nifty,  Bank nifty and Top pick
  • posted by IMV |
  • 28/9/2019

Indian Economic Update Indian equity indices resumed declines after a one-day rally. The S&P BSE Sensex ended 0.43 percent lower at 38,822.57 and the NSE Nifty 50 closed 0.51 percent lower at 11,512.40. On a weekly basis, Nifty 50 and Sensex remains flat. The broader market index represented by the NSE Nifty 500 Index 0.51 percent lower. The market breadth was tilted in favor of sellers. About...

Key stocks to watch for 30th Sep 2019... Don't miss it!!
  • posted by IMV |
  • 27/9/2019

MOIL LIMITED   (SYMBOL - MOIL) Once again grab it … around 140, looks bullish on the chart.  We will see a sharp upside rally till 155 +++ in days to come. Support and stop-loss below 128 on a closing basis. GENERAL INSURANCE CORPORATION OF INDIA (SYMBOL - GICRE) Stock looks bullish on the chart with high volume, catch it … around 210 Upside target intact till 230 +++...

GRAB TATA GLOBAL FOR INVESTMENT (8 -12 MONTHS)
  • posted by IMV |
  • 27/9/2019

Tata Global Tata Global... Formed CUP and HANDLE pattern on a daily chart and its breakout point at 280. Three consecutive close + weekly close above 280 will take to 325---340 and then to 400+++ levels in days to come.  Support and stop loss below 240 on a closing basis Traders can buy Tata Global around 280 and accumulate in a panic around 265 with stop loss below 240 on a closing basis for the ultimate target...