Nifty 8650/Sensex 28060/Bank Nifty 19355
24 Advances /27 Declines/ 0 Unchanged
Most Active Stocks: Maruti Suzuki, HDFC, Reliance
“Nifty ends at 8650 amid volatility; Infosys, Maruti gain 1-3%”
Nifty 50 showed a highly volatile session for the day on expected term as F&O expiry near and Nifty was able to hold 8600 on closing basis and has been holding it for consecutive session which shows positional Strength and hence we saw intense volatility as Nifty 50 opened positive with some gap up at 8649 and from there made high of 8661 before closing the highly volatile session at 8650 with gain of just 18 points or increase of 0.21% to the index and was able to sustain important level of 8600 on closing basis.
Result Summary
• Gillete Q4 down 35.4% to Rs 47 cr.
• Aurobindo to see growth in H2; capacity constraints continue: PL.
• DIVIS Labs Q3 misses estimates, profit rises 12% to Rs 247 c.
• Apollo Hospitals Q3 profit seen up 1.9%, revenue may rise 26.
• Jet Airways Q3 net soars to Rs 468 cr, income up to Rs 5444.
• » Sadbhav Infra reports Q3 net loss at Rs 101.29 crore.
• Dishman Pharmaceuticals Q3 net up two-fold to Rs 47 cr.
• Symphony Q3 profit rises 27% to Rs 46 cr on strong EBITDA
• » Syndicate Bank Q4 loss at Rs 2158cr, provisions jump 3-fold
• » Voltas Q4 beats estimates, profit rises 49% to Rs 176.4 cr
• » Apollo Hospitals Q3 profit seen up 1.9%, revenue may rise 26
• » Pininfarina will bring the design that people demand: Tech M
• » AstraZeneca Q3 net profit at Rs 8.67 c
• » Sadbhav Infra reports Q3 net loss at Rs 101.29 crore
• » NDTV Q3 net loss at Rs 12.54 crore
• » Zuari Agro Chemicals Q3 net down 91% at Rs 1.60 cr
• » Dishman Pharmaceuticals Q3 net up two-fold to Rs 47 cr
• » Whirlpool of India Q3 net profit rises 39% to Rs 43.89 cr
• » Carborundum Universal Q3 net up 41.3% at Rs 33.32 cr
• » Sobha Q3 drops 47% at Rs 32 crore on lower sales
• Tata Power Q3 profit tanks 88% on regulatory expenses.
• Vijaya Bank Q3 profit up 41% on NII support, asset quality.
• On track to achieve FY20 revenue target of $ 18bn:
Mothersoon
• Tata Power Q3 profit tanks 88% on regulatory expenses.
Our Blog Call Given on 8th August To Buy BF Utility around 557 proved great as it flared and made High of 643.95 before settling at 621.20 on closing.
[Move of 64 Points or increase of 11.52% after Giving the Recommendation]
Our Call To Buy India Cements (Cash/FUt) around 141--140 proved great as it flared and made High of 148.20 before settling at 147.20 on closing. We Booked Full Profit around 147—148.
[Profit of Rs 56000 on 1 lot; Lot Size 7000]
Our BTST Call To Buy Ashok Leyland (Fut) around 88—87.50 proved great as it made high 89.15 before settling at 88.55 on closing. We Booked Part Profit around 88.80---89.00
Our Call To Buy Tata Chemical (Fut) above 551 proved great as it flared made High 563.90 before settling at 554.55 on closing. We Booked Part Profit around 563. We are holding long from 538.
[Profit of Rs 18000 on 1 Lot ; Lot Size 1500]
Our Call To Buy Reliance Capital (Cash/Fut) around 474 proved great as it flared made high 484.65 before settling at 483.90 on closing. We Booked Part Profit around 480.50--481.
Our Call To Buy Cipla (Fut) above 566 proved great as it flared made High 571.85 before settling at 567.10 on closing. We Booked Part Profit around 570.
We minted money even in volatile market and is there any one who providing fruitful calls with all technical levels for free……….
“Hope you all Minted money” Just trade with level and you will mint money.
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Now what to expect next??
NIFTY FUTURES :Nifty 50 futures is showing immediate Resistance intact at 8680. If this level is positively breached and sustained then next resistance around 8760--8800
Nifty 50 Futures has support intact at 8620--8580. If this level is negatively breached and not sustained then we may see next support building around 8520--8450.
BANK NIFTY: Bank Nifty futures has support at 19200 and resistance at 19500. Either side break and close with volume will decide further.
Today's Top Pick
Today's Top Pick we will update during market hours. So keep watching our blog.
