Domestic Market View

Nifty : Yesterday was high volatile session, it just moved in range of 11800-11650 as discussed in yesterday report. Today FNO cues will not work Because today is Weekly expiry, Market range 11630-11830, Break of range will open doors for 50-75 points more movement. No buying strength in market, market will consolidate today. Major Global Market event is over yesterday, now next event is G-20 Meeting as per global event and Budget on 5th July as Domestic Event.

Support 11630-11650, Resistance 11760-11830. FII Sold shares worth Rs 97 Cr. DII sold shares worth Rs 105 Cr. VIX at 14.73.

Bank Nifty : Support 30240-30100, Resistance 30560-700.

Global Market View

US Index Closed with slight Green mark, No rate cut was there in US, but 1 rate cut likely in 2019 statement Link, European Index closed flat, Today Bank of Japan meeting to review Rate cuts. Brent oil now near $62.5.

Stocks in News

  1. HDFC : To acquire 51.2% stake in Apollo Munich Health Insurance company. Link
  2. Syngene : Lisiting of bonus Shares. Link
  3. Bharat Financial and IndusInd Bank Merger effective from 4th July.
  4. Stocks in FNO Ban : DHFL, IDBI, Jet airways, Pc Jeweller, Reliance Capital.
  5. Ashok Leyland : To close Pant Nagar plant for 5 days due to Heavy unsold Inventory. Link
  6. Sun Pharma : Got 4 USDFA Warning at Halol Plant.
  7. Ex-Dividend Today : Bandhan Bank Rs. 3, HDFC Bank Rs 15, Hindustan Unilever Rs 22, Nilkamal Rs 13, Graphite India Rs 35.

Change in Circuit Limits

Sr. No. Scrip Code Scrip Name Price Band % Revised to
1 542682 Harish Textile Engineers Ltd 10
2 512559 Kohinoor Foods Ltd 10
3 506597 Amal Ltd 10
4 532761 HOV Services Ltd 10
5 533107 Reliance Naval and Engineering Ltd 10
6 500402 SPML Infra Ltd 10
7 538634 Vasundhara Rasayans Ltd 10
8 512493 Garnet International Ltd 10
9 540718 AKM Lace and Embrotex Ltd 10
10 507878 Unitech Ltd 5
11 533202 Nel Holdings Ltd 5
12 540080 Narayani Steels Ltd 5
13 522105 Birla Precision Technologies Ltd 5
14 500160 GTL Ltd 5
15 512161 8K Miles Software Services Ltd 5
16 514034 JBF Industries Ltd 5
17 515145 Hindusthan National Glass & Industries Ltd 5
18 500013 Ansal Properties & Infrastructure Ltd 5
19 532751 Easun Reyrolle Ltd 5
20 532759 Atlanta Ltd 5
21 538787 Goenka Business & Finance Ltd 2
22 532972 Sankhya Infotech Ltd 2

Stocks to get Suspended 

Sr.  No. Scrip Code Company Name
1 535467 Ashapura Intimates Fashion Ltd
2 524388 Crazy Infotech Ltd
3 530971 Nimbus Industries Ltd
4 532034 Safal Herbs Ltd *

Stocks to get suspended from 11th July for non compliance with Regulation 31 of SEBI.

One Can track our Short/Medium Term shares, all details is there in the attached Excel sheet. Google Drive Tracking sheet.

8:00 AM : SGX Indicating 25-40 points positive opening, Asian Peers in green mark, Brent stable, US futures in Green mark with small gains, Gold up by 2% trading above $1382.

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Author

Founder at CityInvest. Focused on Technical Analysis, 10 years Market experience, I'm Always learning and love to help, say hi!

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