BUY LAL PATH LAB ABOVE 916 TARGET 950-1010 WITH SL 875 TOTAL 1000 SHARES
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After crossing the day high of Rs.175.35 at falling as low as Rs.169.90 through the day, one stock of DLF Ltd. was observed to be priced at Rs.174.
With the volume weighted average price being Rs.173.36 , the total traded volume was observed to be 2,785,662 stocks.
The bid price was Rs.171 for 2637 stocks
BUY DLF FUTURE 176 TARGET 178-180 WITH SL 173.80
RBL Bank Ltd. was incorporated in the year 14-06-1943. Its today’s share price is 557.75. Its current market capitalisation stands at Rs 23721.65 Cr. In the latest quarter, company has reported Gross Sales of Rs. 45075.66 Cr and Total Income of Rs.55757.54 Cr. The company’s management includes Vinay Tripathi, Ishan Raina, Palepu Sudhir Rao, Jairaj Purandare, Rama Bijapurkar, Sivanandhan Dhanushkodi, Prakash Chandra, Rajeev Ahuja, Vishwavir Ahuja. It is listed on the BSE with a BSE Code of 540065 , NSE with an NSE Symbol of RBLBANK and ISIN of INE976G01028. It’s Registered office is at 1st Lane,Shahupuri, Kolhapur-416001, Maharashtra. Their Registrars are ACC Ltd. It’s auditors are BSR & Co LLP, SR Batliboi & Co LLP
As we suggested in our last commentary Nifty future can test 10400-10450 only if it sustains above 10300 level and now Nifty future may test 10600-10700 levels in next few trading days with a support of 10300 levels. But we may see low volatility in the market due to diwali vacation next week. Few sectors like paper,reality and banking are performing well and we may see further bullish movement in the sector. We suggest you to adopt buying on dips strategy and remain bullish in the market
BUY ICICI PRUDENTIAL FUTURE ABOVE 348 TARGET 352-357 WITH SL 343
Tomorrow might the important day that most of investors are waiting for. After falling below its crucial support level of 10100 bulls have taken charge in Index and pull Nifty future back towards 10180 levels in the last hour today which shown sign of positivity for bulls as bears couldn’t hold Nifty future at lower levels and finally lost its momentum to bulls.
In last 3 trading session we had seen that Bank Nifty future has not fall as much as Nifty future and whenever market shown recovery then Bank Nifty future has recovered fast as compare to Nifty future.
Bears are losing their hand and this is an opportunity for investors and traders. Risk reward ratio is in our favor at current scenario. This is the time to accumulate quality stocks.
24500 and 10100 is very crucial support level for both Bank Nifty future and Nifty future on closing basis and if Nifty future manages to sustain beyond 10290 levels then we might see Nifty future trading 10600 and Bank Nifty future at 26000 level soon.
|BANK NIFTY FUTURE||24799.80||25069.90||24770.00||25031.25|
Market once again open trade and close at record high, market is now trading near to the target zone which we had suggested earlier (11510-11530). Now market is slowly entering the red alert area as also P-E ratio of Nifty is around all time high which also suggest that market is overweight, from current point we suggest you to book profit at regular intervals and keep your holding (swing traders) at minimum level.Overall trend of market is still bullish and correction is part of trend and we are suggesting that we might see correction in the market not trend reversal, which are altogether different. » Read more