Domestic Market View
Nifty : A decisive day for Market, Expiry plus market near Top levels of Range, Soon there will be a trend day, might be today or Tomorrow, But yes a Trend day would be there, That will mark starting of new trend and that trend would be there till Budget Day, On Budget Day we may mark Top of market for short term. ( That’s my understanding, rest all depends on Budget and G-20 News).
Yesterday Market went above 11850 but not able to sustain higher levels and again back to range limits. 11650-11850, now it’s time to Break this and touch higher levels of 12000 and above. Let’s see how this pans out. Today Most of the day Market will be in range of 11800-11900, then in last 1 hour there you will get high volatility.
FII Bought shares worth Rs 106 Cr. and DII sold shares worth Rs 51 Cr. VIX at 14.75.
Bank Nifty : Bank Nifty is stronger as compare to Nifty. Support 31000, Resistance 31270-31400.
Global Market View
US Index ended flat, Brent rallied by 1$, now near $66. Gold now near $1400.
Stocks in News
- DHFL : Get SEBI approval to Exit Mutual Funds Business. Link
- Oceanic Foods Limited : Ex-Bonus today. Price will adjust by 33%. Link
- Jet Airways : Today last day for Normal Trading, From tomorrow It will be in Trade to Trade.
- Today June Expiry, 34 stocks to be out of FNO from tomorrow, so heavy Volatility you will get in these 34 stocks.
- India Mart IPO: Subscribed 36.81 times. Link
Change in Circuit Limits
| Sr. No. | Scrip Code | Scrip Name | Price Band % Revised to |
| 1 | 542683 | Suich Industries Ltd | 20 |
| 2 | 533007 | LGB Forge Ltd | 10 |
| 3 | 532613 | VIP Clothing Ltd | 10 |
| 4 | 517380 | Igarashi Motors India Ltd | 10 |
| 5 | 539403 | Arambhan Hospitality Services Ltd | 10 |
| 6 | 530433 | Shiva Global Agro Industries Ltd | 5 |
| 7 | 539056 | Adlabs Entertainment Ltd | 5 |
| 8 | 542668 | Evans Electric Ltd | 5 |
| 9 | 538557 | Sai Baba Investment And Commercial Enterprises Ltd | 2 |
Stocks To Suspend
| Sr. No. | Scrip Code | Company Name |
| 1 | 500132 | Empee Sugars & Chemicals Ltd |
| 2 | 517433 | Innovation Software Exports Ltd |
| 3 | 530781 | International Housing Finance Corporation Ltd |
| 4 | 523523 | Rainbow Papers Ltd |
| 5 | 500394 | Solid Carbide Tools Ltd |
Stocks will suspend from trading from 18th July, Link
Stocks for Buying
Power Grid : Buy 209 stop loss 180, Target 223 – 237. Hold 2-4 months.
Nestle : It was near to Breakout, but again it came down to Trend-line, Focus on this, it will give you minimum 10% profit.
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 Flat right now, Brent oil near $66, Asian Peers in green zone, No Major news in Market.
“Piece of Advice : Don’t take any high risky options in today’s expiry after 3:00 pm, Huge volume will be there in FNO shares after 3:00 pm you will get trap there, Wait and Watch”
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