The first session of the week recorded a spectacular recovery in the market on Monday. The Nifty strengthened 222 points to close at 24585. Technically, the Nifty has given closing above the 5-day Dema that indicates a rapid trend in short term. In the last 3-4 sessions, the Nifty has received strong support within the radius of 24340. At the same time, immediate resistance will be seen in the radius of 24600 in the fast market. Prior to inflation figures, the US Dow Jones declined by 200 points yesterday. The SGX Nifty is 50 points up, which is still indicating opening in the green mark of the market.
Important trigger for market
Talking about other factors, the US has extended the tariff deadline on China for 90 days. Trump will meet Putin and if the matter remains, the tension of the tariff will be reduced. Overall, there is no relief on the tariff, but it is expected. Here, for the first time since March 19, DII is shopping for 26 consecutive days. FIIs are selling and yesterday they sold shares worth Rs 1202 crore in cash market, while DII bought shares worth Rs 5972 crore. Amidst all these things, Analysts of Zee Business have selected some shares under the Traders Diary Program today.
Shares Bhilwar shares
cash
Buy Sera, Target 6550, Stoploss 6255
Futures
Buy PNB Futures, Target 109, Stoploss 105
Option
Buy Indian Bank, call, target 25, Stoploss 15
Techno
Buy Bank of Baroda, target 249, Stoploss 241
Fonder
Buy dollar industries, target 379, stoploss 343
Investment
Buy som distilleries, target 170, stoploss 143
news
Buy Tilaknagar Industries, Target 490, Stoploss 464
My choice
Buy LT Foods, Target 480, Stoploss 458
Buy Home First, Target 1320, Stoploss 1254
Buy KPI Green, Target 550, Stoploss 518
all my best
Tilak industries
Priyanka Uppal’s shares
cash
Buy office space, target 578, Stoploss 554
Future
Buy Torrent Pharma (Future), buy at 3618, Stoploss 3540, Target 3690
Option
Hindalco 670 PE @ 17.85, Target 22, Stoploss 15
Techno
Buy sunforma @ 1608, Stoploss 1580, Target 1680
Fonder
Genus Power Infra, Buy, Target 384, Stoploss 365
Investment
Metropolis Healthcare: Buy; Target: ₹ 2200, Stoploss 1980
news
Nelco, Buy (Cash) Target 868, Stoploss 840
My choice
GMDC, Buy (Cash) @418, Target 425, Stoploss 414
JK Tires, Buy (Cash) Target 328, Stoploss 316
Welspun Living, Target 120, Stoploss 110
My best photo
Genus power
