Thursday, 28 July 2016

STOCK INTRADAY TRADING TIP FOR 29 JULY 2016

“SELL TATAELXSI at 1635 TGT 1610/1580 SL 1650”
The Sensex surged 184 points to end at 28,209 and the Nifty climbed 51 points to close at 8,666.  indices shrugged off weak global cues to end higher following the expiry of July F&O derivative contracts after the recent developments in the parliament rekindled hopes of the GST Bill getting passed in the ongoing monsoon session of Parliament. Indian Hume Pipe hit 20% upper circuit after it reported 311.17% rise in net profit at Rs.26 crore for the quarter ended June 30, 2016 against Rs.6.32 crore in the corresponding quarter a year ago. Asian Paints climbed 6% to Rs.1126 after it posted 18.46% increase in consolidated net profit at Rs.552.56 crore for the first quarter ended June 30, 2016 as compared to net profit of Rs.466.42 crore in the same period of previous fiscal.
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%.In Europe, the
FTSE 100 and the CAC 40 were trading down.
TOP GAINERS:
Company
Group
Current Price
% Change
Indian Hume Pipe
B
544.10
+ 19.99
India Motor Part
B
946.50
+ 19.69
Capri Global Capital
B
173.20
+ 14.74
PG Electroplast Ltd.
B
170.70
+ 13.91
Lumax Auto Technolog
B
368.75
+ 10.87
GeeCee Ventures
B
211.95
+ 10.16
Ujjivan Financial
B
528.55
+ 9.42
TOP LOSERS:



Company
Group
Current Price
% Change
Guj. Alkalie & C
B
241.70
-11.42
Everest Industries L
B
277.55
-8.20
Seamec Ltd.
B
104.70
-7.63
Satin Creditcare
B
635.95
-7.19
Orient Bell
B
168.45
-7.11

2 comments:

  1. Motherson Sumi - RBI raises foreign Investment limit in Motherson Sumi from 24 percent to 30 percent - sentimentally positive for the stock.
    Capitalstars

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    Stock Market Tips

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