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Wednesday 19 April 2017

Stock Future And Option Tips For Tomorrow

Equity benchmarks ended the day on a positive note, after having a subdued session through the day. The mid-cap index was within a percent of lifetime high. The Sensex gained 17.47 points at 29336.57, while the Nifty closed down 1.65 points at 9103.50. The market breadth was positive, but narrow, as 1,615 shares advanced against a decline of 1,223 shares, while 181 shares are unchanged. The Indian Rupee closed higher by 3 paise at 64.59 per Dollar. 

The BSE Small Cap hiked 113 points at 14957, BSE Mid-Cap gained 94 points at 14390 while Bank Nifty lost 115 points to 21556. In Commodity market, Gold slipped 185 points to 29,329, Silver dropped 284 points to 41,903. 

Adani Ports, BHEL, Power Grid and Bharti Infratel were the top gainers on both indices, while State Bank of India (SBI), Hero MotoCorp and Aurobindo Pharma lost the most.

Nifty Future Tips For Tomorrow

Buy DHFL Future above 406.7 Targets 408.2, 409.7, 411.2 Stop loss 403.7

Sell JINDALSTEEL Future below 111Targets 110.5, 110 , 109.5 Stop loss 112