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WEEKLY EQUITY NEWSLETTER 30TH APRIL TO 3RD MAY 2019 Email US: Email US: Thegrssolution@gmail.com Info@thegrssolution.com +91 6232995233 +91 6232995233
MARKET UPDATES Late buying helped benchmark indices to close the first day of May series near day's high level with Nifty finished above 11,750 mark. At close, the Sensex was up 336.47 points at 39067.33, while Nifty was up 112.90 points at 11754.70. About 1085 shares have advanced, 1410 shares declined, and 153 shares are unchanged. Tata Steel, BPCL, GAIL, ICICI Bank and JSW Steel were the top gainers on the Nifty, while losers include Tata Motors, Bajaj Auto, Grasim Industries, Dr Reddy’s Labs and Bharti Airtel. Among the sectors, except auto all other sectors ended in green led by metal, bank, energy, IT, pharma and FMCG. Mahindra Industrial Park Chennai (MIPCL), an indirect subsidiary of the company and a joint venture between Mahindra World City Developers and Sumitomo Corporation of Japan, announced the inauguration of ORIGINS, Industrial Cluster on the NH16 corridor near Pinner, Chennai. Torrent Pharmaceuticals shares gained 2.6 percent intraday after its Ahmedabad unit received certain observations from the US health regulator. Ahmedabad-based Pharma Company informed exchanges that the US Food and Drug Administration has conducted an audit at its Indrad plant in current month. The USFDA has issued certain observations to plant. Torrent Pharma said these observations are procedural in nature and it is confident of addressing them satisfactorily. Contact Us: +91 6232995233 www.TheGRSsolution.com
NIFTY TOP GAINERS/LOOSERS:- GAINERS:- LOOSERS:- Contact Us: +91 6232995233 www.TheGRSsolution.com
WORLD INDICES Contact Us: +91 6232995233 www.TheGRSsolution.com
TECHNICAL VIEW:- CNX NIFTY Recommendation: - Nifty is UP 112.85 point close at 11754.65. AROON INDICATOR shows SELL single. So, trader can make their position sell below11, 660.00 TGT- 11,560/11,400 /11,200 SL -11,810. Contact Us: +91 6232995233 www.TheGRSsolution.com
CNX BANK NIFTY Recommendation: - Nifty bank down 59 point close at 29791.55.VOLUME OSCILATOR shows sell below. So, trader can make their position sell below 29900 TGT- 29700/29450/29150 SL 30,200.00. Contact Us: +91 6232995233 www.TheGRSsolution.com
CALL OF THE WEEK:- TATASTEEL:- RECOMMENDATION –AS YOU SEEN IN THE CHARTS THAT AROON INDICATOR SHOWS BUY SIGNAL SO TRADER CAN MAKE THEIR POSITION ABOVE 560 TG-568/576/584 SL-552 Contact Us: +91 6232995233 www.TheGRSsolution.com
AUROPHARM:- RECOMMENDATION –AS YOU SEEN IN THE CHARTS THAT AROON SHOWS BUY SIGNAL SO TRADER CAN MAKE THEIR POSITION ABOVE 836 TG- 846/856/866 SL-825 LAST WEEK RESULT RELIANCE VEDL BUY ABOVE 1386 TG-1400 /1420/1445 SL-1361 SELL BELOW 177 TG-175 /172/168 SL-180.9 1st TGT ALL TGTS Contact Us: +91 6232995233 www.TheGRSsolution.com
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