We recommended traders to BUY SOBHA above 545 level and target of 552-560 may achieved with a stop loss of 537.
We recommended traders to BUY RAIN IND above 369 level and target of 374-380 may achieved with a stop loss of 363.
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We recommended traders to BUY STRTECH above 294.50 level and target of 298-305 may achieved with a stop loss of 289.
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BHARAT PETROLEUM LTD.
Bharat Petroleum Corporation Limited (BPCL) is an Indian state-controlled Maharatna oil and gas company headquartered in Mumbai, Maharashtra. The Corporation operates two large refineries of the country located at Mumbai and Kochi. The company is ranked 358th on the Fortune Global 500 list of the world’s biggest corporations as of 2016. Though incorporated in Scotland in 1886, the company grew out of the enterprises of the Chef Rohit Oil Company, which had been formed in 1871 to refine crude oil produced from primitive hand dug wells in Upper Burma. In 1928, Asiatic Petroleum Company (India) started cooperation with Burma oil company. This alliance led to the formation of Burmah-Shell Oil Storage and Distributing Company of India Limited. Burmah Shell began its operations with import and marketing of Kerosene. On 24 January 1976, the Burmah Shell was taken over by the Government of India to form Bharat Refineries Limited. On 1 August 1977, it was renamed Bharat Petroleum Corporation Limited. It was also the first refinery to process newly found indigenous crude Bombay High. » Read more
SOBHA HIT 1ST AND ALMOST 2ND TG 610 BOOK MORE PROFIT MKT HIGH IS 609.
Daily Equity Market Update visit www.marketmagnify.com or stock market advice Missed Call This No.7879881122.
The market was BEARISH during the week. The Sensex was DOWN 846.30 points while the Nifty was DOWN 2.58 % during the week. Nifty was in the range of 10108-10410
The Dow Jones Industrial Average fell 40.76 points, or 0.17%, to 24,231.59, the S&P 500 lost 5.36 points, or 0.20%, to 2,642.22 and the Nasdaq Composite dropped 26.39 points, or 0.38%, to 6,847.59. Wall Street fell on Friday, whipsawed by developments with a probe into Russia’s alleged involvement in the US election as well as with progress on a tax bill in Congress. The benchmark S&P 500 was down as much as 1.6 percent following the report. Flynn pleaded guilty on Friday to lying to the FBI about contacts with Russia’s ambassador. Steep sell-offs have been a rarity on Wall Street this year. The S&P 500 has closed down by at least 1 percent only four times in 2017. But stocks recouped the bulk of their initial losses, after US Senate Republicans said they had enough support to pass a sweeping tax overhaul. The Senate news was the latest sign of progress for a tax bill being closely watched by investors, with hopes that significant corporate tax cuts will further fuel Wall Street’s record-setting rally. Advancing issues outnumbered declining ones on the NYSE by a 1.02-to-1 ratio; on Nasdaq, a 1.54-to-1 ratio favoured decliners. Energy was the best-performing sector, rising 0.8 percent. Oil prices settled up slightly, the day after OPEC and other crude producers agreed to extend output cuts until the end of 2018 to tighten global supplies and support prices » Read more
Nifty ended at 10221.80 DOWN 104.75 and Sensex at 33832.94 DOWN 316.41 points
Indian November factory growth fastest since late 2016 currency shock
Govt approves launch of Rs 9,000 crore National Nutrition Mission
PFC mobilises USD 400 mn through maiden green bond
Edelweiss launches AIF focused on IPO-bound companies
Dr Reddy’s gets first cycle nod for psoriasis treatment cream
Escorts tractor sales in November rise 6.5% to 5,119 units
BANK NIFTY DAILY
FII TRADING ACTIVITY (NSE & BSE) In Crores
DII TRADING ACTIVITY (NSE & BSE) In Crores
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BUY SRT FUT ABOVE 1352 TARGET 1355-1360-1370 WITH SL 1343.
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BUY SOBHA ABOVE 536 TARGET 540-546-560 WITH SL
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