STRATEGY FOR 20th SEPTEMBER 2023
EQUITY
MARKET TREND - NIFTY(SPOT) - Positive- (from 17950), stop - 19200.
BANKNIFTY(SPOT) - Positive (from 45700), stop - 43500.
INSTITUTIONAL ACTIVITY- Fii - Net sell - 1236 crores.
Dii - Net buy - 552 crores.
GLOBAL MARKETS- US markets trading flat 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, RPSG ventures (12/09/2023) - 655.
SHORT TERM
BANKBARODA - Buy (04/07/2023)- 202.5, target - 225, stop - 184
AFFLE - Buy (01/08/2023) - 1130, target - 1260, stop(revised) - 1050.
ASTRAL - Buy (23/08/2023) - 2050, target - 2250, stop - 1850.
RBLBANK - Buy (23/08/2023)- 230.40, target - 253, stop - 208.
BALRAMCHIN - Buy (14/09/2023)- 438, target - 485, stop - 395.
UNIONBANK - Buy (15/09/2023) - 9670, target - 120 - 140, stop - 84.
TATAINVEST - Buy (18/09/2023) - 2627, target - 2950, stop - 2350.
POSITIONAL
FINEORG - Buy (29/08/2023)0 - 4788, booked - 5135.
PAGEIND - Buy (07/09/2023)- 41450, target - 44500, stop - 38900.
APOLLOHOSP - Buy (15/09/2023) - 5135, target - 5335, stop - 4950.
CURRENCY
GBPINR (sep 26) - Sell - 103.35(13/09/023), stop - 104.20, stop - 102.40.
USDINR (sep 26) - Buy(18/09/2023)- 83.30, target - 83.90, stop - 82.80.
COMMODITY
COMMODITY
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