Share Market :- 5 stock ideas which can give up to 15% return

Last week, stock market witnessed a bullish breakout on Wednesday after 10 days of consolidation and made a high of 9,450 on Friday. The index took support at breakout levels placed at 9,370
Today The 30-share BSE Sensex rose 121.43 points to 30,309.58 and the 50-share NSE Nifty gained 39.45 points at 9,440.35.
Piramal Enterprises: BUY| Target Rs 2800| Stop Loss 2530| Return 7%
Piramal Enterprises has been an outperformer within the market. The scrip has sustained rising gaps very well. It recorded near an all-time high of Rs2,633, on the back of high-delivered quantity.
Reliance Infrastructure: BUY| Target Rs 651| Stop Loss Rs 585| Return 6%
Reliance Infrastructure has come out of a 2-month long consolidation Rs558-595. The delivered quantity is at the highest in the recent past, with delivered percentage rising higher (17% vs average of 12%).
DLF: BUY| Target Rs 240| Stop Loss Rs 197| Return 15%
DLF saw a consolidation breakout in the current week above the Rs 198 mark, accompanied by good volumes. The delivered quantity is one of the highest in recent few days. The delivered percentage is also higher (30% vs average of 13%).
Biocon: SELL| Target Rs 940| Stop Loss Rs 1031| Return 4%
Biocon saw a gradual price move from March 2017 and has met with a faster retracement, wherein prices have broken below the 3-month low placed around Rs995.
Oriental Bank of Commerce: SELL| Target Rs 143| Stop Loss Rs 173| Return 12%
After hitting a 52-week high placed at Rs191, the prices have fallen off the cliff over the whole of last week. The earlier week’s LOW placed at Rs169.70 seems to have been breached convincingly.


Indian rupee opens higher at 64.33 per dollar

Rupee_USD_356x200_1822_356The Indian rupee opened higher by 5 paise at 64.33 per dollar on Friday versus previous close 64.38.


“The USD-INR pair has been trading in the 64.20-64.70/dollar range on the back of resumption of some portfolio flows. We expect the pair to continue trading in this range, with a weakening bias.”


“The bond yields have been trading in a very narrow range and we expect the 10-year bond yields to consolidate around current levels,” he added.

click here or just give a Missed call @7879881122.

Tata Motors` April global wholesales decline 9%

Tata-MotorsAutomobile major Tata Motors Group on Wednesday reported a decline of nine per cent in its global wholesales for April, including Jaguar Land Rover (JLR).

According to the company, its global wholesales including that of JLR for last month decreased to 73,691 units.

“Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in April 2017 were at 18,844 numbers, lower by 36 per cent, over April 2016,” a company statement said.

“Global wholesales of all passenger vehicles in April 2017 were at 54,847 numbers, higher by six per cent, compared to April 2016.”

Besides, the automobile major pointed out that the global wholesales for JLR which includes CJLR (a JV between JLR and Chery Automobiles) were 41,923 vehicles.

“Jaguar wholesales for the month were 12,608 vehicles, while Land Rover wholesales for the month were 29,315 vehicles,” the company added.

Tata Motors is India’s largest automobile company, with consolidated revenues of Rs 275,561 crore ($41.6 billion) in 2015-16.

1 36 37 38 39 40 43