STRATEGY FOR 21st JUNE 2023
EQUITY
MARKET TREND - NIFTY(SPOT) - Positive(from 17950), stop - 17900.
BANKNIFTY(SPOT) - Positive (from 41850), stop - 42500.
INSTITUTIONAL ACTIVITY- Fii - Net sell - 1942 crores.
Dii - Net buy - 1972 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
INVESTMENT IDEAS
Genus power - 67. Philipcarb(10/01/2022) - 244, Equitasbnk - 53,
Ajantpharma(18/04/2022) - 1740, Zyduswellness- 1630,
Ircon- 16/08/2022)- 41 - 03/05/2023) booked half- 84,
SOTL(14/12/2022)- 332, Texrail(14/12/2022)- 58, Sail-(09/01/2022)- 88,
Oil(08/03/2023) - 267, Niftybees(22/03/2023)-188.
Karurvysya (02/06/2023)- 108, target - 165.
SHORT TERM
DCBBANK - Buy (02/06/2023)- 123, target - 134, stop (revised) - 115.20.
CENTURYPLY - Buy (12/06/2023)- 606, target - 665, stop(revised) - 590.
KFINTECH - Buy (13/06/2023)- 355, target - 400, stop - 320.
POLYMED - Buy (15/06/2023)- 1084, target - 1200, stop (revised)- 1030.
METROPOLIS- Buy (20/06/2023)- 1428, target - 1490 - 1580, stop - 1310.
POSITIONAL
CDSL - Buy (31/05/2023)- 1033, target - 1120, stop -965.
UBL - Buy (07/06/2023)- 1506, target - 1620, stop(revised) - 1450.
ALKYLAMINE - Buy (13/06/2023)- 2675, target - 2900, stop(revised) - 2655.
RAILTEL - Buy (14/06/2023)- 134.2, target - 146, stop - 125.
IRCTC - Buy (16/06/2023) - 670, target - 730, stop - 625.
CURRENCY
EURINR (JUN 27)- Buy above 89.86, target - 90.60, stop - 89.20
COMMODITY
COMMODITY
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