Capstocks Daily News Letter Capstrend CNXNIFTY

Transcription

1 12 April 2019 CNXNIFTY Yesterday nifty opened in a flat note and showed a consolidated trade till the midday. Then there was some volatility which made the index to move up and down 50 points. As of now the main trend is bullish and nifty is expected to make newer highs in the forthcoming days of trading.at the closing bell, the BSE Sensex stood higher by 22 points (up 0.1%) and the NSE Nifty closed up by 12 points (up 0.1%). The BSE Mid Cap index closed up by 0.1%, while the BSE Small Cap index ended the day flat.gains were largely seen in the energy sector and telecom sector, while metal stocks and IT stocks witnessed selling pressure..the market breadth, indicating the overall health of the market, was negative On NSE, 756 shares rose and 914 shares fell. A total of 90 shares were unchanged. Resistance and Support Today market expected to open in negative note. R R R S S S

2 INDEX WATCH VOLUME Index Close Value Change Change% Sensex Nifty Nifty Bank Nifty IT GLOBAL MARKET Market Segment in Cr NSE CASH NSE F&O BSE 2368 TOTAL FII Net Index Close Value Change Change% DOW NASDAQ Nikkei HangSeng FII Net Investments *Provisional Data in Cr 11 Apr Apr Apr Apr Apr CURRENCY FUTURE Currency Open Close RBI reference rate 1 USD GBP EUR JPY Crude Oil NIFTY GAINERS NIFTY LOSERS Company Price Chg (%) Company Price Chg (%) IBULHSGFIN VEDL BHARTIARTL SUNPHARMA BAJAJFINSV POWERGRID BAJAJ-AUTO TECHM DRREDDY AXISBANK

3 Stocks Technical View This is a chart of HUL. The stock is trading in a breakout and is expected to hit the target 1790 in a short span of time. MARKET NEWS Results on April 12: TCS, Infosys, Alpha Hi-Tech Fuel, Ashika Credit Capital, Gangotri Textiles, GTPL Hathway, Integrated Capital Services, Infomedia Press, Minal Industries, Mold-Tek Technologies, Tinplate Company of India Cipla launches Niveoli, India s first extrafine ICS-LABA combination HFA inhale Lumax Auto signed a joint venture agreement with Jopp Holding JmbH, Germany for manufacturing and sale of the automotive components Narayana Hrudayalaya has incorporated a wholly owned subsidiary company Narayana Health North America LLC in the State of Delaware, United States of America Nitesh Estates approved the appointment of Rakesh Singh as chief executive officer of the company w.e.f. April 10,2019 ICICI Pru Life Insurance reduced stake in Coromandel International by 2.03 percent Pasupati Acrylon has successfully commenced commercial production of second Line of cast Polypropylene Film (CPP) w.e.f Prabhat Dairy: Company completed sale of its shareholding in wholly owned step down subsidiary, Sunfresh Agro Industries Private Limited (SAIPL) to Tirumala Milk Products Private Limited. Jet Airways - additional ten aircraft have been grounded due to non-payment of amounts outstanding to lessors Jet Airways: Etihad Airways submits expression of interest to acquire substantial stake (up to 49 percent) in company - CNBC-TV18 sources. Etihad Airways currently holds 24 percent stake in Jet Airways. 3

4 Equity Pivot for Nifty Stocks SYMBOL CLOSE R3 R2 R1 Pivot S1 S2 S3 ADANIPORTS ASIANPAINT AXISBANK BAJAJ-AUTO BAJAJFINSV BAJFINANCE BHARTIARTL BPCL BRITANNIA CIPLA COALINDIA DRREDDY EICHERMOT GAIL GRASIM HCLTECH HDFC HDFCBANK HEROMOTOCO HINDALCO HINDUNILVR IBULHSGFIN ICICIBANK INDUSINDBK INFRATEL INFY IOC ITC JSWSTEEL KOTAKBANK LT M&M MARUTI NTPC ONGC POWERGRID RELIANCE SBIN SUNPHARMA TATAMOTORS TATASTEEL TCS TECHM TITAN ULTRACEMCO UPL VEDL WIPRO YESBANK ZEEL

5 Equity Mutual Fund Recommendations ELSS (Tax Saving) AdityaBirla Sun Life Frontline Equity Fund ICICI Prudential Bluechip Fund ICICI Prudential Value Discovery Fund Axis Long Term Equity Fund Franklin India Tax shield L&T Value Fund HDFC Small Cap Fund **************************************************************************************** Disclaimer: This Document is for private circulation and for information purposes only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. In no circumstances it be used or considered as an offer to sell or a solicitation of any offer to buy or sell the Securities mentioned in it. Please note that Capstocks, its directors and associates may have trading or investment positions in the securities mentioned herein 5