Nifty likely to find support at 9570; 5 stocks which can give up to 5% this week

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The immediate support zone for the coming session is placed at 9,565-9,570 and if the index sustains below these level for long would activate bears in the market.

Top five stocks which can give up to 5 percent return in this week:

UPL: BUY| Target Rs875| Stop Loss Rs815| Return 3.5%

The stock rose for the third consecutive session on Monday and witnessed a very strong closing above its immediate resistance above Rs842.

HDFC: BUY| Target Rs1,655| Stop Loss Rs1,560| Return 3%

The stock has attracted buying momentum during Monday’s session and closed at Rs1,598 with high volumes which is above its immediate resistance of Rs1,592.

BPCL: BUY| Target Rs788| Stop Loss Rs741| Return 4%

The stock is headed northwards for the fifth consecutive session where buying was very well supported by rising volumes along with 20-DMA and fresh MACD crossover.

Tata Communications: BUY| Target Rs 740| Stop Loss Rs688| Return 4.9%

The counter witnessed heavy buying volumes in Monday’s session as it crossed above its 20- DMA during the intraday trades and touched 50-DMA during the same session.

Power Grid: BUY| Target Rs 221| Stop Loss Rs203| Return 5.7%

The stock has now started moving on the higher side since the last two sessions, suggesting some more positive momentum to come in the next session as the counter has crossed above 20 DMA during intraday and even marked its closing above those levels.

F&O cues: Nifty 8000 Put adds 4.8 lakh shares in Open Interest

F&O cues:

Nifty 8100 Call shed 1.7 lakh shares in Open Interest on June 22

Nifty 8250 Call added 5.1 lakh shares in Open Interest

Nifty 8300 Call added 1.7 lakh shares in Open Interest

Nifty 8000 Put added 4.8 lakh shares in Open Interest

Nifty 8100 Put shed 3.5 lakh shares in Open Interest

Nifty 8200 Put shed 3.6 lakh shares in Open Interest

FIIs in F&O on June 22 (Provisional data from NSE)

FII net sell Rs 497 crore in Index Futures

FII net sell Rs 390 crore in Index Options

FII net buy Rs 348 crore in Stock Futures

WWW.MARKETMAGNIFY.COM

Give Missed Call at +917879-88-11-22

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F&O cues: Nifty 7900 Put sheds 2.5 lakh shares in Open Interest

F&O cues:

Nifty 8300 Call shed 2 lakh shares in Open Interest on June 21

Nifty 8400 Call added 3.3 lakh shares in Open Interest

Nifty 7900 Put shed 2.5 lakh shares in Open Interest

Nifty 8000 Put added 3.9 lakh shares in Open Interest

Nifty 8200 Put added 2.7 lakh shares in Open Interest

FIIs in F&O on June 21 (Provisional data from NSE)

FII net sell Rs 570 crore in Index Futures

FII net sell Rs 911 crore in Index Options

FII net buy Rs 294 crore in Stock Futures

WWW.MARKETMAGNIFY.COM

Give Missed Call at +917879-88-11-22

F&O cues: Nifty 8400 Call adds 7.7 lakh shares in Open Interest

F&O cues:

Nifty 8200 Call shed 5.1 lakh shares in Open Interest on June 20

Nifty 8400 Call added 7.7 lakh shares in Open Interest

Nifty 8100 Put added 10.5 lakh shares in Open Interest

Nifty 8200 Put added 9 lakh shares in Open Interest

Nifty 8300 Put added 4 lakh shares in Open Interest

FIIs in F&O on June 20 (Provisional data from NSE)

FII net sell Rs 1336 crore in Index Futures

FII net sell Rs 1054 crore in Index Options

FII net buy Rs 290 crore in Stock Futures

WWW.MARKETMAGNIFY.COM

Give Missed Call at +917879-88-11-22

F&O cues: Nifty 8300 Call adds 3.9 lakh shares in Open Interest

F&O cues:

Nifty 8100 Call shed 2.4 lakh shares in Open Interest on June 17

Nifty 8300 Call added 3.9 lakh shares in Open Interest

Nifty 7800 Put shed 2.8 lakh shares in Open Interest

Nifty 8000 Put added 4.2 lakh shares in Open Interest

Nifty 8200 Put added 3.2 lakh shares in Open Interest

FIIs in F&O on June 17 (Provisional data from NSE)

FII net sell Rs 480 crore in Index Futures

FII net sell Rs 656 crore in Index Options

FII net sell Rs 91 crore in Stock Futures

WWW.MARKETMAGNIFY.COM

Give Missed Call at +917879-88-11-22

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