STRATEGY FOR 26th JUNE 2023
EQUITY
MARKET TREND - NIFTY(SPOT) - Positive(from 17950), stop - 18300.
BANKNIFTY(SPOT) - Positive (from 41850), stop - 42500.
INSTITUTIONAL ACTIVITY- Fii - Net sell - 344 crores.
Dii - Net sell - 684 crores.
GLOBAL MARKETS- US markets ended negative on Friday.
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, stop (revised) hit- 115.20.
CENTURYPLY - Buy (12/06/2023)- 606, booked half- 627, booked out- 620.
KFINTECH - Buy (13/06/2023)- 355, target - 400, stop - 320.
METROPOLIS- Buy (20/06/2023)- 1428, exited half - 1387, target - 1490 - 1580, stop - 1370.
TIINDIA - Buy (21/06/2023) - 3195, booked half- 3380, target - 3490, stop - 2900.
JSWENERGY - Buy (21/06/2023)- 275, target - 310, stop - 248.
POSITIONAL
CDSL - Buy (31/05/2023)- 1033, booked half- 1037, target - 1120, stop (revised) -1016
UBL - Buy (07/06/2023)- 1506, exited half- 1490,target - 1620, stop(revised) - 1450.
RAILTEL - Buy (14/06/2023)- 134.2, stop hit - 125.
IRCTC - Buy (16/06/2023) - 670, target - 730, stop - 625.
CURRENCY
EURINR (JUN 27)- Buy (22/06/223) - 89.95, stop hit - 89.20.
JPYINR (JUN 27) - Sell (23/06/2023) - 57.60, target - 56.90, stop - 58.40.
COMMODITY
COMMODITY
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