Tuesday, 19 July 2016

STOCK INTRADAY TRADING TIP FOR 20 JULY 2016

“SELL NUCLEUS AT 209 TGT 202/195 SL 215”
WOCKPHARMA HIT TGT 915 MADE LOW OF 911!!!
Market remained extremely volatile before the Nifty closed at 8549.50 with a gain of 29 points. Overall we expect a short term correction if Nifty moves below 8480 level. Sensex ended with a gain of 41 points at 27,788. The Sensex opened at 27,790 touched an intra-day high of 27,826.69 and low of 27,638.Going forward market movement will depend on FII and DII trading activity, quarterly results of the major companies and price movement of crude  in international market. The volatility in rupee against dollar and prospect of important bill in parliamentary session is also like to add volatility.
TODAY’S RESULT
MindTree slumped 8.4% to Rs.562.The company reported a consolidated net profit of Rs. 123.5 crore for the quarter ended 30th June, 2016 registering a decline of 7.14% qoq and 3.74% yoy. Jaiprakash Power Ventures soared 5.4% Rs.6.40. The company posted a net loss of Rs.1961.60 million for the quarter ended June 30, 2016 whereas the net profit was at Rs.669.60 million for the quarter ended June 30, 2015. HUL dropped 2.7% to Rs.895.
The company’s standalone revenue stood at Rs.8218.18 crore, rising 5.27% qoq and 3.62% yoy. The company is aiming to become the largest e-commerce player in the grocery/FMCG segment soon.
GLOBAL MARKET:
On the global front, Asian stocks closed on mixed note. The Shanghai Composite index and Hong Kong’s Hang Seng index closed marginally lower. Nikkei 225 gained 1.3%.In Europe, the FTSE 100 was trading down 0.50%. DAX and the CAC 40 were trading lower by 1.2% each.
TOP GAINERS:
Company
Group
Current Price
% Change
Guj. Fluorochemi
B
603.75
+ 14.45
Gokaldas Exports
B
113.35
+ 12.23
KDDL Ltd.
B
221.55
+ 10.75
Maithan Alloys Ltd.
B
343.00
+ 9.32
Pennar Engineered Bu
B
182.50
+ 9.18
Capital First
B
668.95
+ 7.96
Brooks Laboratories
B
119.65
+ 7.89
Chennai Petro.
B
234.35
+ 7.40
TOP LOSERS:



Company
Group
Current Price
% Change
Bharat Bijlee
B
873.05
-11.30
TCI Developers Ltd.
B
364.10
-8.98
MindTree Ltd.
A
562.45
-8.37
SE Investments
B
172.00
-6.09
Gujarat Pipavav Port
A
172.50
-5.25

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