Shree Renuka Sugars, Rajshree Sugars hit upper circuit as prices sweeten further
- Reliance Industries tops ‘2021 Burgundy Private Hurun India’ list of 500 most valuable companies
Read: https://ipoinfo.co.in/reliance-industries-tops-2021-burgundy-private-hurun-india-list-of-500-most-valuable-companies/
Read: https://ipoinfo.co.in/reliance-industries-tops-2021-burgundy-private-hurun-india-list-of-500-most-valuable-companies/
NIFTY BUYING ZONE SUPPORT 17017 AND SELLING ZONE 17770. AND BANKNIFTY BUYING ZONE 37030 AND SELLING ZONE 37888
*Tradable Stocks in News*
Jefferies on *Bharti Airtel:* Maintains Buy on company, target price at Rs 925/Sh (Positive 708.0 Support 701.0 TGT 724.0)
Jefferies on *HDFC Bank:* Maintains Buy on Bank, target price at Rs 2070/Sh (Positive 1515.0 Support 1501.0 TGT 1550.0)
MS on *Lupin:* Maintains Overweight on company, target price at Rs 1335/Sh (Positive 880.0 Support 872.0 TGT 901.0)
CS on *Apollo Hospitals:* Maintains Buy on company, target price at Rs 5800/Sh (Positive 5230.0 Support 5198.0 TGT 5290.0)
*Godrej Properties:* The company has acquired 100 percent stake in Yerwada Developers (Positive 2085.0 Support 2058.0 TGT 2160.0)
*Endurance:* Commencement of commercial production at the Company’s new plant situated at E-7 1, MIDC Industrial Area, Waluj, Aurangabad. (Positive 1780.0 Support 1766.0 TGT 1820.0)
*Antony Waste:* AG Enviro Infra Projects Bags Collection and Transportation of Municipal Solid Waste to Disposal Site (Positive 292.0 Support 288.0 TGT 302.0)
*Dr Reddy:* Company has received approval from the U.S. Food and Drug Administration for ANDA 207577 (Positive 4584.0 Support 4560.0 TGT 4630.0)
*Burger King:* Board meet on Dec 15 to consider the proposal to raise funds via further issue of securities (Positive 158.0 Support 155.0 TGT 164.0)
*Phoenix Mills:* Subsidiary company Island Star Mall Developers and Canada Pension Plan Investment Board execute Second Further Funding Subscription (Positive 1020.0 Support 1003.0 TGT 1058.0)
Jefferies on *Bharti Airtel:* Maintains Buy on company, target price at Rs 925/Sh (Positive 708.0 Support 701.0 TGT 724.0)
Jefferies on *HDFC Bank:* Maintains Buy on Bank, target price at Rs 2070/Sh (Positive 1515.0 Support 1501.0 TGT 1550.0)
MS on *Lupin:* Maintains Overweight on company, target price at Rs 1335/Sh (Positive 880.0 Support 872.0 TGT 901.0)
CS on *Apollo Hospitals:* Maintains Buy on company, target price at Rs 5800/Sh (Positive 5230.0 Support 5198.0 TGT 5290.0)
*Godrej Properties:* The company has acquired 100 percent stake in Yerwada Developers (Positive 2085.0 Support 2058.0 TGT 2160.0)
*Endurance:* Commencement of commercial production at the Company’s new plant situated at E-7 1, MIDC Industrial Area, Waluj, Aurangabad. (Positive 1780.0 Support 1766.0 TGT 1820.0)
*Antony Waste:* AG Enviro Infra Projects Bags Collection and Transportation of Municipal Solid Waste to Disposal Site (Positive 292.0 Support 288.0 TGT 302.0)
*Dr Reddy:* Company has received approval from the U.S. Food and Drug Administration for ANDA 207577 (Positive 4584.0 Support 4560.0 TGT 4630.0)
*Burger King:* Board meet on Dec 15 to consider the proposal to raise funds via further issue of securities (Positive 158.0 Support 155.0 TGT 164.0)
*Phoenix Mills:* Subsidiary company Island Star Mall Developers and Canada Pension Plan Investment Board execute Second Further Funding Subscription (Positive 1020.0 Support 1003.0 TGT 1058.0)
*VENKY'S:* CO IS SETTING UP A NEW PROJECT FOR MANUFACTURE OF VETERINARY MEDICINE PRODUCTS UNDER ITS ANIMAL HEALTH PRODUCT SEGMENT. (SUPPORTIVE FOR STOCK PRICES)
Minda Industries shares scale 52-week high on German deal, capacity addition
Read: https://ipoinfo.co.in/minda-industries-shares-scale-52-week-high-on-german-deal-capacity-addition/
Read: https://ipoinfo.co.in/minda-industries-shares-scale-52-week-high-on-german-deal-capacity-addition/
Tega Industries Share Listing on BSE, NSE Today: Tega Stock Opens at 68% Premium
Read: https://ipoinfo.co.in/tega-industries-share-listing-on-bse-nse-today-tega-stock-opens-at-68-premium/
Read: https://ipoinfo.co.in/tega-industries-share-listing-on-bse-nse-today-tega-stock-opens-at-68-premium/
#BusinessNews - Grofers is now Blinkit, promises 10-minute delivery
Read: https://ipoinfo.co.in/grofers-is-now-blinkit-promises-10-minute-delivery/
Read: https://ipoinfo.co.in/grofers-is-now-blinkit-promises-10-minute-delivery/
NEWS UPDATE: UK Health Minister Javid: The Omicron Covid Variant Is Spreading At A Phenomenal Rate (Marginal negative for GBP)
Forwarded from Stock Market, IPO, Mutual Funds & Personal Finance News
#Cryptonews - US Congressman Joked About ‘HamsterCoin.’ The Very Real Cryptocurrency’s Value Surged
Read Full Article - https://ipoinfo.co.in/us-congressman-joked-about-hamstercoin-the-very-real-cryptocurrencys-value-surged/
Read Full Article - https://ipoinfo.co.in/us-congressman-joked-about-hamstercoin-the-very-real-cryptocurrencys-value-surged/
SHIB - Meme Coin Takeover?
Similar to our analysis on Kishu, we may see Shib breakout too. We are seeing some bullish price action on the structure level right now which could be the start of a breakout. However, if we reject the descending red trendline and come back down, it would just give us another opportunity to get in at a lower price.
Trade Idea:
- Risk entry now with stops below the structure level
- If we come back down lower, watch the 2 structure levels indicated for a bounce and enter with stops below the structure
- Target the October highs and HODL the rest
Full Chart
Similar to our analysis on Kishu, we may see Shib breakout too. We are seeing some bullish price action on the structure level right now which could be the start of a breakout. However, if we reject the descending red trendline and come back down, it would just give us another opportunity to get in at a lower price.
Trade Idea:
- Risk entry now with stops below the structure level
- If we come back down lower, watch the 2 structure levels indicated for a bounce and enter with stops below the structure
- Target the October highs and HODL the rest
Full Chart
NIFTY BUYING ZONE SUPPORT 17017 AND SELLING ZONE 17770. AND BANKNIFTY BUYING ZONE 36730 AND SELLING ZONE 37888
*Adani Green* has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power
Sources tell ET NOW that *Reliance Industries* has started working on end-to-end Hydrogen Fuel Cell Powertrains for commercial vehicles
(Supportive for stock prices)
Sources tell ET NOW that *Reliance Industries* has started working on end-to-end Hydrogen Fuel Cell Powertrains for commercial vehicles
(Supportive for stock prices)
*L&T:* CO CONSTRUCTION AWARDED (LARGE*) CONTRACT FOR ITS BUILDINGS AND FACTORIES BUSINESS (SUPPORTIVE FOR STOCK PRICES)
Data Patterns IPO opens today. Should you subscribe to the issue?
Read: https://ipoinfo.co.in/data-patterns-ipo-opens-today-should-you-subscribe-to-the-issue/
Read: https://ipoinfo.co.in/data-patterns-ipo-opens-today-should-you-subscribe-to-the-issue/
*ABFRL*: CO HAS IN-PRINCIPALLY APPROVED ACQUIRING THE EXCLUSIVE ONLINE AND OFFLINE RIGHTS TO THE GLOBAL BRAND 'REEBOK' FOR THE INDIAN MARKET (SUPPORTIVE FOR STOCK PRICES)