Market Report & Some stocks to watch on 12/05/2021

 


Nifty Resistance: 14900/14965/15045

Nifty Support: 14760/14610/14450

 

India VIX Spotted at 19

Nifty Futures spotted @ 14838

SGX nifty Spotted slight negative

Global indices closed in red

Expecting a negative opening in nifty, unless any news triggers

Yesterday FII Sold 336Cr               , DII sold 676.67Cr


Stocks to watch for today (Holding Period About 1 Month)

Rana Sugar:

Buy Above 18 (Expecting a breakout since June 2016)

Stop Loss 12.50

Target 24/34

 

Coal India

Buy Above 157

Stop Loss 146

Target 162/186/218

 

Astral Ltd

Buy Range 1560 - 1700

Stop Loss 1496

Target 1750/1940

  

OFSS

Buy Range 3725 - 3800

Stop Loss 3550

Target 3950/4350

  

Voltas

Buy Range 990-1060

Stop Loss 915

Target 1130/1200

 

 

 

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Market Report for 25/05/2021