STRATEGY FOR 28th JUNE 2023
EQUITY
MARKET TREND - NIFTY(SPOT) - Positive(from 17950), stop - 18300.
BANKNIFTY(SPOT) - Positive (from 41850), stop - 42500.
INSTITUTIONAL ACTIVITY- Fii - Net buy - 2024 crores.
Dii - Net sell - 1991 crores.
GLOBAL MARKETS- US markets trading positive 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
KFINTECH - Buy (13/06/2023)- 355, target - 400, stop - 320.
METROPOLIS- Buy (20/06/2023)- 1428, exited half - 1387, target 1 hit- 1490,
target 2 - 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.
GPPL - Buy (27/06/2023) - 124.8, target - 140, stop - 113.
CURRENCY
GBPINR (JULY 27) - Sell below - 104.10, target - 103.40, stop - 104.70.
JPYINR (JULY 27) - Sell (23/06/2023) (june 27) - 57.60, target - 56.90, stop - 58.50.
EURINR (JULY 27) - Buy above - 90.05, target -90.75, stop - 89.45.
COMMODITY
COMMODITY
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