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SURE SHOT CALLS

Wednesday 20 September 2017

Tomorrow Stock Tips- Sensex ends flat, Nifty settles below 10,150 ahead of Fed outcome

The equity benchmark indices settled the trading day flat on Wednesday as investors remained on the sidelines ahead of the result of US Fed Reserve's policy meeting, which will conclude later in the day. The Sensex closed at 32,400.51, down 1.86 points, while the Nifty settled at 10,141.15, down 6.40 points. 

Shares of Reliance Industries Ltd hit a record high as a cut in mobile inter-connect fee is seen benefiting the company’s telecom unit. ICICI Bank, IOC, HUL, Tata Motors, Hero Motocorp, BPCL and Kotak Mahindra Bank were down 1-2 percent whereas Reliance Industries, HDFC, ITC, L&T and Dr Reddy's Labs gained. 

Shares of most tyres manufacturing companies rose after the govt imposed anti-dumping duty on tyres in order to remove harm to the domestic industry. Apollo Tyres rose 1.26%, JK Tyre & Industries surged 7.04% and Goodyear India gained 2.43%. 

FM Arun Jaitley said, the Union Cabinet today approved transfer of Hotel Jaipur Ashok, Mysore's Lalitha Mahal Palace, units of ITDC to government of Rajasthan and Karnataka respectively.

21 Sept (Thursday) Stocks Future Trading Calls 
BUY ALBK FUTURE ABOVE 74.4 TARGETS 74.8 , 75.2 STOPLOSS 73.8
BUY ADANIPORT FUTURE ABOVE 413 TARGETS 414.6 , 416.2 STOPLOSS 410.6
SELL AJANTPHARM FUTURE BELOW 1190 TARGETS 1180 , 1170 STOPLOSS 1205


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