STRATEGY FOR 12th SEPTEMBER 2023
EQUITY
MARKET TREND - NIFTY(SPOT) - Positive- (from 17950), stop - 19200.
BANKNIFTY(SPOT) - Positive above 45700.
INSTITUTIONAL ACTIVITY- Fii - Net buy - 1473 crores.
Dii - Net buy - 366 crores.
GLOBAL MARKETS- US markets trading positive at the time of writing.
INVESTMENT IDEAS
Genus power - 67, booked half - 181. 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, booked half- 145. Sail-(09/01/2022)- 88,
Oil(08/03/2023) - 267, Niftybees - (22/03/2023)-188.
Karurvysya (02/06/2023)- 108, target - 165, Bel(08/08/2023)- 128.4, target - 200,
Canarabank - (11/09/2023) - 350.
SHORT TERM
BANKBARODA - Buy (04/07/2023)- 202.5, target - 225, stop - 184
AFFLE - Buy (01/08/2023) - 1130, target - 1260, stop(revised) - 1050.
KPRMILL - Buy (21/08/2023)- 719, booked half- 778, booked - 788.
ASTRAL - Buy (23/08/2023) - 2050, target - 2250, stop - 1850.
RBLBANK - Buy (23/08/2023)- 230.40, target - 253, stop - 208.
LATENTVIEW - Buy (01/09/2023 - 445, target - 500, stop - 405.
UCOBANK - Buy (04/09/2023) - 32.60, booked half - 36.30, target hit - 37.
RVNL - Buy (08/09/2023) - 160, booked half- 175, hit target - 190.
POSITIONAL
FINEORG - Buy (29/08/2023)0 - 4788, target - 5150, stop(revised) - 4630.
TATACOMM - Buy (01/09/2023)- 1834, booked half- 1897, booked - 1946.
PAGEIND - Buy (07/09/2023)- 41450, target - 4500, stop - 38900.
CURRENCY
COMMODITY
LEAD ( sep ) - Buy above - 189, stop - 184, target - Sell below - 103.50, target - 194.
COMMODITY
LEAD ( sep ) - Buy above - 189, stop - 184, target - Sell below - 103.50, target - 194.
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