The Bulls have a high Josh. The market is witnessing a record rally for the 8th consecutive day.
The Bulls have a high Josh. The market is witnessing a record rally for the 8th consecutive day. The Nifty and the Sensex have again created ALL TIME HIGH. Nifty has crossed 13 thousand 500 in futures. Midcap stocks are also strong. The midcap index has risen for the 9th consecutive day. Banking, Pharma, FMCG stocks are good purchases.
Investors should not be afraid of small corrections, Bullron will continue in the market: Quantum Security
Defense stocks are storming as 74% FDI is cleared from the automatic route. WALCHANDNAGAR and ZEN TECH ran 7 to 8 percent. BEL, BDL and ASTRAMICRO are seeing a 3 to 5 percent jump. Voice was advised to buy in defense shares.
There is an influx of government companies in the market. The NIFTY CPSE index is up over 1 per cent. BEL has risen 8 per cent to a 52-week high. MAZAGON and BEML are up 4 percent. Today, in STOCK 20-20, Hemant advised to bet on PSU.
The market is looking closer to the peak of the day. PSU bank and IT stocks are seeing strong boom. At present, the Sensex is seen at 45,943.62, with an increase of 335.11 i.e. 0.73 per cent. At the same time, the Nifty is seen at 13,492 with a gain of 99.45 points i.e. 0.74 percent.
IT shares are bright. NIFTY IT INDEX has hit the boom. Infosys, TCS, HCL TECH are seeing a boom of more than 1 percent.
Shares suggested on Awaaz have rocked. Jackpot shares INDRAPRASTHA MEDICAL have jumped 16 per cent. Neeraj’s new player GSFC has also shown strength, the stock has risen 7 per cent.
The Sensex-Nifty is still open at record highs amidst spectacular global cues. At present, the Sensex is seen at 45,877.56 with an increase of about 270 ie 0.59 per cent. At the same time, the Nifty is seen at 13,468 levels with an increase of 75.05 points i.e. 0.56 per cent.
Great signs from the global market On
the basis of the excellent global signals, the domestic market may again become a new high. The S&P 500 and NASDAQ were recorded in the US in yesterday’s trade. DOW also touched a new peak in intraday. Yesterday was the 10th trading day in the NASDAQ. Pfizer’s stock has risen on signs of US-FDA approval. Corona vaccination has started in the UK. Asia also has a strong start. SGX NIFTY is also up 0.50 per cent. Expectation of relief packages coming soon in the US has increased the brightness of gold. In the international market, gold has reached a height of 2 weeks. In the domestic market, the price of 10 grams of gold has crossed 50 thousand. Crude slipped in anticipation of reduced demand.
Corona continues to wreak havoc in the country and the world. The Expert Group has an important meeting today on the vaccine front in India. This meeting will be held on the approval of the emergency use of the vaccine. For this, three companies Pfizer, AstraZeneca, Bharat Biotech have sought approval from DCGI. DCGI can take a decision on this within 10 days. The total corona cases in the country have crossed 97 lakhs. There are 26,567 new cases in 24 hours. In the last 24 hours, 385 people have died. There are 3.83 lakh active cases in the country.
Diplomat to visit vaccine center, expert group meeting on vaccine today
Diplomats from over 60 countries will visit the Hyderabad Vaccine Center today. Also, the expert group will have an important meeting today regarding the use of immersion of vaccine.
Interaction with farmers
The talks with farmers’ home minister Amit Shah yesterday were inconclusive. The government has refused to withdraw the agricultural law. Suspense remains on today’s conversation.
Strategy on nifty
Virendra Kumar of CNBC-Awaaz says that its registration zone is 13447-13478. The larger registration zone is 13520-13440. The base zone is 13280–13270. The large base zone is 13180-13200. Global signs and FII figures are showing up. Keep a shopping perspective. 13280-13270 is the base for traders. Buy every fall above this. Day Traders focus on the level of 13478-13520 above. The structure will be further strengthened above 13180-200.
Strategy on nifty bank
Virendra Kumar of CNBC-Awaaz says that it has a registration zone 30440-30580 and a big registration zone 30740-30800. Base zones are 29940–29900 and larger base zones 29640–29500. It is consolidating between 30300-29950. Long live the traders, buy every fall from 29940-29900. If above 300-400, 30640 is also possible.
Know today’s trading calls
Buy Axis Bank tgt 640/652 SL 610
Buy Reliance 2004 Target 2080 sl 1980
JM Financial Services Ltd
BUY PVR SL 1350 TGT 1450/1500