Stocks Update: Stock Future | Cash Tips

Today Top Stock Tips & News:

• Nifty holds 8850 amid volatility; BHEL, ONGC, Reliance gain 1-2%
• L&T Tech not a run-of-the-mill co, may grow 15%: IDBI Cap
  
• Buy, sell or hold: Analysts pick 7 stocks

Cement Sector: Morgan Stanley downgraded ACC and Ambuja to underweight and says JK Lakshmi is a preferred midcap play. It says UltraTech is top pick in the sector and turned overweight from underweight on Shree Cement.

Aurobindo Pharma: Credit Suisse says peak profit contribution from Dolutegravir (DTG) is likely to be USD 10 million. The company added USD 450 million in market cap on the DTG approval. Even after including combination nod, DTG sales could be USD 200-250 million by 2020.

Maruti: Deutsche Bank maintains hold call with a target of Rs 4350 per share as dealers indicate strong start to festive season. It says in a bull case scenario it would derive a target of Rs 6160 per share and in a bear case it would derive a target of Rs 3870 per share. It maintains cautious stance due to forex and valuations.

Sensex 27 and Nifty fell 12 points, sector shopping

Asian markets traded mixed on the impact of the Indian market is also being witnessed. The BSE benchmark index fell 27 points to 28 746 and Nifty is trading at 8855, down 12 points.

Nifty 35 shares sell-off 35 out of 50 stocks of Nifty is witnessing. Largest decline Aksi Bank 1.76 percent, 1.08 percent, ACC, Ambuja Cement 0.87 per cent, 0.80 per cent, Infosys, Bharti Infratel, Idea were trading 0.60 per cent to 1.28 per cent, 0.95 per cent, BPCL, HCL Tech 0.84 percent and 0.67 percent, Larsen and Turbo beyond doing business.

Stocks in News: Stock Future Tips

L&T Tech, BHEL, DLF, Sun Pharma, Websol, Majesco

DLF -Company in final stages to sell 40 percent in rental business, DLF Cyber City Developers: Sources -Blackstone & GIC emerge frontrunners for DLF's rental arm -Deal value for 40 percent stake in DLF's rental arm pegged at Rs 10,000 crore -Blackstone, GIC bids neck to neck to buy stake in DLF’s rental business -Blackstone, GIC in initial talks to make a joint bid for DLF's rental business -Brookfield also in the race to acquire stake in DLF’s rental business -All 4 bidders for DLF’s rental business are in the final stages of due diligence DLF to CNBC-TV18 -Will inform exchanges if something substantive comes -Cannot comment on market speculation

BPCL -Company postpones first gas output from Mozambique by two years –

Company plans to list Bina refinery JV in FY18

Den Networks -Board approves issue of preferential shares -Board, in its extraordinary general meeting on October 14, seeks shareholder nod for preferential issue of 15.8 million shares to Broad Street Invest

Be wary retail investors: Stock Cash Tips

Chris Research CEO Arun Kejriwal said the market is currently bullish atmosphere. If there are not any major negative news will continue the fast until 10 October. The results will be announced, followed by domestic companies. After this correction in the market is likely to see. However, fluctuations in the market continue. So, retail investors should take away from the current market. Double-check if the assay is to invest in a stock investment.

L & T Tech list is 7% above the issue price of the stock:

Larsen and Turbo Technologies, a subsidiary of L & T shares on the stock market up about 7 per cent from their issue price was listed. The issue price was Rs 860, while L & T Tech 920 listed on the stock exchange.

IPO was over-subscribed:

L & T Tech IPO was oversubscribed by 2.53 times. IPO price band of Rs 850-860. Which was open between 12 September and 15 September. Since July, the company's second subsidiary L & T, which was listed on the exchange before the L & T Infotech was listed on the exchange. L & T is focusing on Tech Solution based engineering services. The company is focusing on increasing investment in Innovation Labs. Mergers and acquisitions of the company to its expansion plans.

Investing in these stocks.

Company	Strategy	Stoploss	Target
Asian Granito	Buy	275	300
Century Plaiboard	Buy	234	260
Dishman Pharma	Buy	210	237
Shanti Gears	Buy	128	145

  Today Stocks:

Company	Strategy	Stoploss	Target
Balrampur Chini	Buy	110	119
Bharat Forz	Buy	910	939
Ujjivan Financial	Buy	435	459

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Stock Future Tips | Tradebizz Research

CLOSING BELL: IN TODAY’S SESSION, NIFTY 50 CLOSED AT 8867.45 (+90.30 OR +1.03%) BANKNIFTY CLOSED AT 20143.50 (+242.35 OR +1.22%) ADVANCED SCRIPTS: - 38, DECLINED SCRIPTS- 13, UNCHANGED SCRIPTS -0.

OPENING UPDATE: - Stock Future Tips: -   S1-8857.66, S2-8830.88, R1- 8914.61, R2-8944.78

BANK NIFTY FUTURE: - S1 – 20006.4, S2-19869.3, R1- 20314.8, R2-20486.1 Fill form & get Free Trail on #Stock Market #Commodity Market @: https://goo.gl/forms/96ZyekeCjf9X2fI83

        

     Weekly Top gainers stocks:

Script Symbol	Previous Close	Current Price	% Change	In Points
AUROPHARMA	856.95	855.15	5.88%	47.50
HINDALCO	154.60	154.85	3.54%	5.30

         Weekly Top losers stocks:

Script Symbol	Previous Close	Current Price	% Change	In Points
TCS	2,378.00	2,380.00	-1.38%	-33.40
AXISBANK	591.80	590.10	-1.47%	-8.80

Equity Weekly Technical Report - Stock Future Tips

NIFTY 50 8779.85(46.90) (0.53%):

On Monday, Nifty started the week with a massive downside gap on mounting fears over Fed Rate cut. However, we witnessed consolidation in a small range throughout the remaining part of the day to close tad above the 8700 mark. On Tuesday, market were closed due to the occasion if the Id-Ul-Fitar. Next day, market opened on a flat note on mixed global cues. Subsequently, we saw a gentle selling pressure in the initial hour to sneak below the 8700 mark by a small margin. On Thursday, we had a flat opening in our market as indicated by the SGX Nifty. It was yet another day of consolidation but this time, with some positive bias as the index managed to show some recovery in the latter part of the day. On Friday, Nifty closed higher for third consecutive session but were-off day's high due to some profit booking in afternoon trade. The Nifty50 opened the week at 8732.95, made a high of 8847.65, low of 8688.90 and closed the week at 8779.85. Thus, the Nifty closed the week with a gaining of 46.90 points or 0.53%.

Formations:

• The 21 days EMA are placed at 8733.72
• The 55 days EMA are placed at 8822.90  

Stock Future Tips Outlook:8750 on the Nifty now stands as a strong support in the upcoming week. Only a sustainable move below this level could trigger further weakness in the market. we expect the index to remain in a slightly broader range of 8970 to 8750 before taking a decisive direction.

Weekly Pivot Levels for Nifty 50 Stocks:
Script Symbol         Resistance2    Resistance1   Pivot       Support 1    Support 2
NIFTY 50                  8853                  8813               8765        8725            8677 

DISCLAIMER:
Stock trading involves high risk and one can lose Substantial amount of money. The recommendations made herein do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only.

NOTE: WE HAVE NO HOLDINGS IN ANY OF STOCKS RECOMMENDED ABOVE
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