08:36 AM IST
Anil Singhvi: Unless coronavirus vaccine comes, things will not improve significantly
EXPLAINED! Anil Singhvi on his campaign to protect investors and save their hard-earned money; reveals market strategy going forward
Share market today: Abbott India, Aavas Financiers share prices rise, fight off negative Sensex, Nifty trend
Anil Singhvi’s Strategy March 30: 8,300-8,400 is Next Support Zone on Nifty
Stocks in Focus on March 30: MCX, Delta Corp to Lupin; here are the 5 Newsmakers of the DayThe domestic market is expected to open higher, tracking Asian markets, which extended their recovery on Tuesday, hitting a three-week high as US borrowing costs eased ahead of Federal Reserve Chairman Jerome Powell’s highly-anticipated first congressional testimony later in the day.
At 8:30 am, the SGX Nifty., Nifty futures being traded on Singapore Stock Exchange, was trading at 10,636.50, up 39 points or 0.37 per cent.
Below are key trading ideas for today's trade:
SREI Infra (Buy)
Target: Rs 86
Stoploss: Rs 82
- Pullback in the stock for last two sessions
- The stock settled at day's high in previous session
PVR (Buy)
Target: Rs 1390
Stoploss: Rs 1350
- IMAX Corporation and PVR announced an agreement for five new IMAX theatres
- The agreement is for five years
Guj Sidhee Cem (Buy)
Target: Rs 33.5
Stoploss: Rs 31
- Introduced a power plant of 5.5 MW
- Strong support at 200-DEMA
- The stock is taking support at 200-DEMA for last six days
Hexaware (Sell)
Target: Rs 335
Stoploss: Rs 347
- Profit-booking in midcap IT stocks
- The stock settled below 20 and 50-DMA
Ujjivan (Buy)
Target: Rs 387
Stoploss: Rs 371
- Buying in NBFCs
- Fears of rate hike in US subsided
- Buying in auto ancillaries
- The stock settled above 20-DMA on daily chart
- Buying in auto ancillaries
- Buying witnessed in last half an hour
- Buying in futures market
- OI surged by 12 per cent; buying witnessed for last three days
- Buying in auto ancillaries
- The stock didn't break below 20-DMA in recent fall
- Buying in realty shares
- Short-covering to support realty shares in today's session
(The stocks mentioned here for informational purpose. Consult your financial advisor before investing.)
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