Monday, 11 July 2016

STOCK INTRADAY TRADING TIP FOR 12 JULY 2016

“BUY BERGEPAINT at 325 TGT 338/355 SL 315”
The Sensex zoomed 500 points to end at 27,627, the highest level in almost 9 months. The Niftysurged 145 points to close the session at 8,468 after hitting an intra-day high of 8,475, its highest level since August 20, 2015. Dishman Pharmaceutical jumped 4.5% to Rs.142. The company has informed BSE that renewal of US FDA inspection of Company’s Bavla facility has been successfully completed on July 8. Nila lnfrastructures surged 5.2% to Rs.14.37. Bajaj Finance surged almost 5% after the company announced that its board will meet on July 26 to consider sub-division of equity shares of the company and bonus issue.. Tata Motors rose 4% after the company reported a 21% rise in its global wholesales at 92,551 units in June 2016 over June 2015.
GLOBAL MARKET:
On the global front, the US Bureau of Labor Statistics reported that the total non-farm payroll employment increased by 287,000 in June, whereas the unemployment rate
rose to 4.9%.The S&P 500 stock index traded above record close on Friday. The Dow Jones industrial average rose 247.41 points, or 1.38 percent, to 18,143.29, the S&P 500 gained 31.24 points, or 1.49 percent, to 2,129.14.The Nasdaq Composite added 76.52 points, or 1.57 percent, to 4,953.33.
TOP GAINERS:
Company
Group
Current Price
% Change
TCI Developers Ltd.
B
400.00
+ 17.27
Asian Hotels (East)
B
222.40
+ 17.05
Kesar Terminals & In
B
587.50
+ 14.27
SE Investments
B
185.95
+ 14.08
LT Foods Ltd.
B
282.70
+ 12.81
OnMobile Global Ltd.
B
117.35
+ 10.81
Unichem Labs
B
296.15
+ 7.89
TOP LOSERS:



Company
Group
Current Price
% Change
Trigyn Technolog
B
118.55
-6.21
HOV Services Ltd.
B
119.45
-4.93
Info Edge (India)
A
826.00
-2.49
United Spirits
A
2,580.75
-1.77
SKF India
A
1,330.00
-1.65
BF Utilities Ltd.
A
560.85
-1.40