Domestic Market View
Nifty: As per yesterday Report/chart nifty support was 11860, and yesterday it hit low of 11864 and bounced 60 points. There is no heavy movement in market, VIX closes below 16, now heading towards 14. Today again Nifty will try to mark 12k.
Nifty Range 11960-11860. Above 11960 then 12040, Below 11860 then 11800.
Bank Nifty: Support 31340, Resistance of 31705, Above 31705 if sustain then it will try to touch 31840-32000.
Global Market View
US Index down by .75%, European closed flat, Brent oil closed Flat, No high fluctuations in World market.
Stocks Result
- Spicejet : Good Result, Result link : Spice Result No Dividend.
- Punjab National Bank : Bad Result, Result link : PNB Result No Dividend.
- Emami : Average Result, Result link : Emami Result Dividend of Rs 4 per share.
- SunPharma : Bad Result, Result link : Sunpharma Result Dividend of Rs 2.75 per share
- Aurobindo Pharma : Average Result, Result link : Aurobindo pharma No Dividend
Stocks in News
- DHFL : As per ET Now, Ministry of Home Affairs has issued a lookout notice against the promoters of Dewan Housing Financial, but Company denied any such notice DHFL reply to BSE.
- Gail Recently Announced Bonus share, Ratio 1:1, and it posted Highest ever Profit, now they are planning to list Gail gas.
- World Bank Announced 3 Year Secured loan to Manappuram Finance of $35 million.
- Today Results : Ipca Lab, Powergrid, Adani power, Bharat Electronics, Glenmark Pharma, Cadila Health Care, Havells, M&M, NBCC, V-guard, PFC.
- Icici Lombard to be Include in MSCI Global Index, Cadila will be out of MSCI Global Index.
- L&T Info, PNB Housing & Mphasis will not include in FNO. Nse Circular.
Stocks For Buying
Manappuram Finance: Buy in Range of 132-128, for target of 146-150, stop loss 112, Holding time frame minimum 3 months. 
Advanced Enzymes: Buy in Range of 212-198, for target of 230-245, stop loss 166, Holding time frame minimum 3 months.
First Source Solution: Buy in range of 56-53, for target of 61.50-64.50, stop loss 47.50, Holding time frame 2-3 months. 
One Can track our Short/Medium Term shares, all details is there in the attached Excel sheet. Google Drive Tracking sheet.
Stocks Near Breakout
- GHCL : If closes above 272 with Heavy Volume then it would be a Breakout trade.
- JM Financial : If closes above 96 with Heavy Volume then it would be a Breakout trade.
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