The markets ended lower for the third straight day as slower IIP growth coupled with weak global cues weighed on the investor sentiment. The Nifty opened in red and remained subdued until the industrial output data for the month of April came in at 6.3%, putting pressure on stocks from capital intensive sectors. The S&P [...]
Bullish Stocks for Tomorrow
Steel Authority of India (SAIL) Ltd. – Buy Above 147.50 for the Targets of 148.50, 149.50, 150.50.
Dish TV India Ltd. – Buy Above 81.50 for the Targets of 82.50, 83.50.
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Bearish Stocks for Tomorrow
Jaiprakash Associates Ltd. – Sell Below 81.80 for the targets of 81, 80.
United Phosphorus Ltd. – Sell Below 156 for the Targets of 155, 154, 153.
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Benchmarks ended a sluggish session on a flat note due to lack of participation from investors in a directionless market. Auto, Pharma and Technology stocks ended in the red while capital goods and power space led the gainers pack. The 50-share NSE Nifty down by -5.80 points or -0.10% to end [...]
Bearish Stocks for Tomorrow
Mundra Port & Special Economic Zone Ltd. – Sell below 175.50 and target for 174.50, 173.50, 172.
Adani Power Ltd. – Sell below 112.50 and target for 112, 111.50, 110.50.
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Bullish Stocks for Tomorrow
Gillette India Ltd. – Buy above 1926 and target for 1930, 1944, 1960.
MphasiS Ltd. – Buy above 480 and target for 481, 484, 490.
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Bullish Stocks for Today
Maruti Suzuki India Ltd. – Buy Above 1255 and target for 1261, 1267, 1275.
Hindustan Unilever Ltd. – Buy Above 311 and target for 313, 315, 315.
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Bearish Stocks for Today
Tata Steel Ltd. – Sell Below 578 and look for the targets of 574, 570, 566.
JSW Steel Ltd. – Sell Below 960 and look for the targets of 955, 950, 943.
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Bullish Stocks for Tomorrow
Axis Bank Ltd. – Buy above 1286 and target for 1292, 1298, 1304.
Unitech Ltd. – Buy above 35.25 and target for 35, 34.50.
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Bearish Stocks for Tomorrow
Cipla Ltd. – Sell Below 324 and look for the targets of 322, 320, 318.
Sudar Garments Ltd. – Sell Below 106.70 and look for the targets of 106, 105.
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