Stock Update: *TATA CHEM* at highest levels since October as price pierced 1001.0 levels, Support 989.0 TGT 1030.0
Stock Update: *HINDALCO* at highest levels since October as price pierced 500.0 levels, Support 495.0 TGT 512.0
Nifty 18200 CALL OPTION 20th January at 175, can hold position for TGT 260.0 with SL 80.0
Nifty Bank 38800.0 CALL OPTION 20th January at 418, can hold position for TGT 620.0/720.0 with SL 230.0
Nifty Bank 38800.0 CALL OPTION 20th January at 418, can hold position for TGT 620.0/720.0 with SL 230.0
Stock Update: *AU BANK* at highest levels since October as price pierced 1310.0 levels, Support 1292.0 TGT 1340.0
*Sector Update*
Pharma stocks seen Buying move and trading at day’s high.
*Top Picks*
DRREDDY CMP 4738.0 Support 4710.0 TGT 4780.0
AURO PHARMA CMP 721.0 Support 714.0 TGT 740.0
CADILA CMP 447.0 Support 443.0 TGT 458.0
GLENMARK CMP 523.0 Support 517.0 TGT 535.0
LUPIN CMP 962.0 Support 954.0 TGT 978.0
Pharma stocks seen Buying move and trading at day’s high.
*Top Picks*
DRREDDY CMP 4738.0 Support 4710.0 TGT 4780.0
AURO PHARMA CMP 721.0 Support 714.0 TGT 740.0
CADILA CMP 447.0 Support 443.0 TGT 458.0
GLENMARK CMP 523.0 Support 517.0 TGT 535.0
LUPIN CMP 962.0 Support 954.0 TGT 978.0
Forwarded from Stock Market, IPO, Mutual Funds & Personal Finance News
#MarketNews - Bet on infrastructure related sectors ahead of the Union Budget 2022: George Heber Joseph of ITI Mutual Fund
Read: https://ipoinfo.co.in/bet-on-infrastructure-related-sectors-ahead-of-the-union-budget-2022/
Read: https://ipoinfo.co.in/bet-on-infrastructure-related-sectors-ahead-of-the-union-budget-2022/
Forwarded from Stock Market, IPO, Mutual Funds & Personal Finance News
#BusinessNews - Adani Group has signed an agreement to build a steel plant in Gujarat.
Read: https://ipoinfo.co.in/adani-group-has-signed-an-agreement-to-build-a-steel-plant-in-gujarat/
Read: https://ipoinfo.co.in/adani-group-has-signed-an-agreement-to-build-a-steel-plant-in-gujarat/
*Tradable Stocks in News*
CLSA on *HDFC Life:* Maintains Buy on company, raise target price at Rs 815/Sh (Positive 668.0 Support 660.0 TGT 682.0)
CLSA on *SBI Life:* Maintains Buy on company, raise target price at Rs 1800/Sh (Positive 1248.0 Support 1230.0 TGT 1280.0)
CLSA on *ICICI Pru Life:* Maintains Buy on company, target price at Rs 750/Sh (Positive 587.0 Support 580.0 TGT 600.0)
*Glenmark* gets USFDA nod for Ryaltris nasal spray (Positive 518.0 Support 510.0 TGT 532.0)
Jefferies on *ACC:* Maintains Buy on company, raise target price at Rs 2950/Sh. (Positive 2301.0 Support 2280.0 TGT 2360.0)
Jefferies on *Ambuja:* Maintains Buy on company, raise target price at Rs 470/Sh (Positive 394.0 Support 390.0 TGT 404.0)
Jefferies on *PEL:* Maintains Buy on company, target price at Rs 3050/Sh (Positive 2628.0 Support 2610.0 TGT 2670.0)
JP Morgan on *Tata Steel:* Maintains Buy on company, target price at Rs 1850/Sh (Positive 1212.0 Support 1190.0 TGT 1241.0)
JP Morgan on *SAIL:* Maintains Buy on company, target price at Rs 165/Sh (Positive 106.5 Support 104.0 TGT 110.0)
CLSA on *HDFC Life:* Maintains Buy on company, raise target price at Rs 815/Sh (Positive 668.0 Support 660.0 TGT 682.0)
CLSA on *SBI Life:* Maintains Buy on company, raise target price at Rs 1800/Sh (Positive 1248.0 Support 1230.0 TGT 1280.0)
CLSA on *ICICI Pru Life:* Maintains Buy on company, target price at Rs 750/Sh (Positive 587.0 Support 580.0 TGT 600.0)
*Glenmark* gets USFDA nod for Ryaltris nasal spray (Positive 518.0 Support 510.0 TGT 532.0)
Jefferies on *ACC:* Maintains Buy on company, raise target price at Rs 2950/Sh. (Positive 2301.0 Support 2280.0 TGT 2360.0)
Jefferies on *Ambuja:* Maintains Buy on company, raise target price at Rs 470/Sh (Positive 394.0 Support 390.0 TGT 404.0)
Jefferies on *PEL:* Maintains Buy on company, target price at Rs 3050/Sh (Positive 2628.0 Support 2610.0 TGT 2670.0)
JP Morgan on *Tata Steel:* Maintains Buy on company, target price at Rs 1850/Sh (Positive 1212.0 Support 1190.0 TGT 1241.0)
JP Morgan on *SAIL:* Maintains Buy on company, target price at Rs 165/Sh (Positive 106.5 Support 104.0 TGT 110.0)
Stock Update: *LARSEN* At 52 week high as price pierced 2028.0 levels, Support 2010.0 TGT 2060.0
Stock Update: *Dalmia Bharat* at highest levels since October as price pierced 455.0 levels, Support 446.0 TGT 470.0
Stock Update: *CHAMBAL* At 52 week high as price pierced 456.0 levels, Support 448.0 TGT 470.0
*Sector Update*
PSU Banks seen Buying move and trading at day’s high.
*Top Picks*
BANKBARODA CMP 93.8 Support 92.0 TGT 97.0
CANARA CMP 226.0 Support 224.0 TGT 231.0
SBIN CMP 508.0 Support 504.0 TGT 516.0
PSU Banks seen Buying move and trading at day’s high.
*Top Picks*
BANKBARODA CMP 93.8 Support 92.0 TGT 97.0
CANARA CMP 226.0 Support 224.0 TGT 231.0
SBIN CMP 508.0 Support 504.0 TGT 516.0
Forwarded from Stock Market, IPO, Mutual Funds & Personal Finance News
🚨🔥 IPO ALERT 🔥🚨
Largest Alloy Wheel manufacturer & Exporter - Precision Metaliks LTD. is going Public on 19th January, 2022 - priced at Rs.51/ equity Share. The company financials & overall performance in the past 2 Years has been phenomenal & better than it`s competitors. The company successfully managed to retain all it`s customers (like Tata, Ford, Chevrolet, BMW etc) till the year 2026 with an Advance paid order book of more Rs.1500 Crores. Don`t miss the chance to apply in this IPO for some major Listing gains & long term profits. The company is DEBT-FREE and has a mind-blowing earnings per share (EPS) of 14! Click the link below to learn more about this IPO & hear from an expert!
Click - https://bit.ly/3IczMnj
Largest Alloy Wheel manufacturer & Exporter - Precision Metaliks LTD. is going Public on 19th January, 2022 - priced at Rs.51/ equity Share. The company financials & overall performance in the past 2 Years has been phenomenal & better than it`s competitors. The company successfully managed to retain all it`s customers (like Tata, Ford, Chevrolet, BMW etc) till the year 2026 with an Advance paid order book of more Rs.1500 Crores. Don`t miss the chance to apply in this IPO for some major Listing gains & long term profits. The company is DEBT-FREE and has a mind-blowing earnings per share (EPS) of 14! Click the link below to learn more about this IPO & hear from an expert!
Click - https://bit.ly/3IczMnj
https://www.instagram.com/reel/CZGoTmHo-_B/?utm_medium=copy_link
Who all use their dad’s money to trade?
Who all use their dad’s money to trade?
BITCOIN - 30K Incoming!
Our previous posts on Bitcoin shorts have been playing out really well and it could be that we may have another short setup on our hands.
Bitcoin is approaching the 40k level which has been a psychological level for quite some time. We broke through that and we could be retesting it and heading towards 30k (as mentioned in our higher timeframe Bitcoin posts)
Trade Idea:
- Watch for price to approach the 40K (or around that level) and show rejection
- Risk entry on rejection of the structure level
- Safe entry on the break of lower timeframe ascending trendline
- Targets: 33k, 30k
Full Chart
Our previous posts on Bitcoin shorts have been playing out really well and it could be that we may have another short setup on our hands.
Bitcoin is approaching the 40k level which has been a psychological level for quite some time. We broke through that and we could be retesting it and heading towards 30k (as mentioned in our higher timeframe Bitcoin posts)
Trade Idea:
- Watch for price to approach the 40K (or around that level) and show rejection
- Risk entry on rejection of the structure level
- Safe entry on the break of lower timeframe ascending trendline
- Targets: 33k, 30k
Full Chart