Monday, 25 July 2016

STOCK INTRADAY TRADING TIP FOR 26 JULY 2016

buy Kalyani Steels AT 227 TGT 230/236 SL 222
The Sensex settled 292 points higher to close at 28,095 and the Nifty ended up 94 points at 8,636. Today was an good day for investors and traders and last week’s consolidation in Nifty helped it comfortably cross its 8600 resistance mark. Markets were boosted by the likelihood of passage of the GST bill. Tata Metaliks tumbled 4.2% despite reporting a 25% increase in consolidated net profit for the first quarter ended June. Rallis India climbed 4.4% to Rs.218. The company has posted a net profit after tax of Rs.174.2 crore for the quarter ended June 30, 2016 as compared to Rs.42.39 crore for the quarter ended June 30, 2015. Paper manufacturers ended higher by up to 20% Seshasayee Paper and Boards reported robust earnings for the quarter ended June 30, 2016 (Q1FY17).
GLOBAL MARKET:
On the global front, Asian stocks closed on mixed note. The Shanghai Composite index and Hong Kong’s Hang Seng index closed higher. Nikkei 225 ended lower.In Europe, the FTSE
100 is trading in green. CAC 40 and DAX trading up 1% each.
TOP GAINERS:
Company
Group
Current Price
% Change
Kalyani Steel
B
226.90
+ 19.99
Jayant Agro Org
B
326.90
+ 19.99
Seshasayee Paper
B
380.80
+ 19.99
Sudarshan Chem.
B
302.60
+ 19.98
Majesco L
B
563.70
+ 16.72
Satin Creditcare
B
594.35
+ 13.04
Vishnu Chemicals
B
274.25
+ 12.51
TOP LOSERS:



TAAL Enterprises
B
385.70
-10.00
Asian Hotels (East)
B
196.00
-8.41
KSB Pumps Ltd.
B
703.00
-4.46
Dr. Reddy's Labs
A
3,474.85
-3.62
Tata Elxsi Ltd.
A
1,614.15
-2.98


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