There has been firing between America and Iran in the Strait of Hormuz. GIFT Nifty is showing a weakness of 133 points, which indicates that the market opening will be gap-down. Crude oil prices have once again started climbing above the $100 level. On Thursday, the Midcap Select Index touched a new all-time high of 14,577 during intraday trading – for the second consecutive day – and closed at 14,551. Today, the “Friday Factor” will also work; Recall that last week, on Thursday, Nifty had fallen by 180 points, while on Friday, April 24, it had fallen by 275 points.
Over the past nine days, the market trend has been alternating between buying and selling sessions. However, yesterday Nifty closed just 4 points higher, while Bank Nifty closed 66 points higher. Given this situation, it is very important that positive news comes from the Iran-US situation, and not negative, so that the momentum of the rally can be strengthened. Yesterday, foreign institutional investors (FIIs) sold ₹341 crore, while domestic institutional investors (DIIs) bought ₹441 crore.
shares of ansh bhilwad
cash
Buy Thyrocare – Target 500, SL 462
Futures:
Buy Dabur – Target 485, SL 463
Options:
Buy Lupine 2500 Call – Target 80, SL 40
Techno:
Buy CCL – Target 1300, SL 1155
FUNDA
Buy Sonata Software – Target 293, SL 261
IPL/Investment:
Buy BSE – Target 4500, SL 3745
News:
Buy Vijaya Diagnostics – Target 1300, SL 1158
My choice:
IFCI Buy – Target 68, SL 62
Buy Westlife Food – Target 515, SL 490
Thermax – Target 4420, SL 4110
My best choice:
BSE
Pooja Tripathi’s shares
cash
Buy Aditya Birla Lifestyle – Target 122, SL 116
futures
Buy Pidilt – Target 1485, SL 1435
options
Buy Biocon Call Option 380 @14 – Target 30, SL 6
techno
Buy ACME Solar – Target 305, SL 295
funds
Buy Bharat Forge – Target 2100, Period 6 Months
investment
SRF – Target 3100, Period 12 Months
news
Buy Cochin Shipyard – Target 1850, SL 1796
my choice
Buy Suryodaya SFB – Target 165, SL 159
Buy KP ENERGY – Target 418, SL 404
Buy PNC INFRA – Target 229, SL 220
my best choice
Buy PIDILTE – Target 1485, SL 1435
The Nasdaq and S&P 500 closed lower in intraday trading after touching their all-time highs. The Nasdaq fell 230 points after hitting its all-time high, ending up 32 points lower. The Dow closed down 534 points after touching its intraday high, before ending with a loss of 313 points. Rupee strengthened by 36 paise to close at 94.25/$, marking second consecutive day of gain; On May 5, the rupee had reached its all-time low of 95.43/$.
