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SURE SHOT CALLS

Tuesday 21 August 2018

Market closed on minimal gains, Nifty at 11570, Tomorrow Trading Tips

Domestic share benchmarks closed with minimal gains on Tuesday, as traders remained cautious ahead of US-China trade discussions that begin on Wednesday, and the release of the Federal’s August meeting minutes. 

The BSE Sensex ended up 7 points at a new high of 38,285.75 and the Nifty closed higher by 19.15 points at a record high of 11,570.90. The broader markets, midcap indices ended the day with moderate gains.   

With a negative market breadth, 1320 shares have advanced, against a fall of 1,373 shares, and 180 shares were unchanged. 

UPL, Tech Mahindra, Coal India, Lupin, and Grasim were the top gainers on NSE, while Tata Steel, BPCL, Vedanta, and HUL lost the most.  

Nifty Pharma index gains 1.54 percent with Glenmark (+4.63%), Piramal Enterprises (2.75%), Cadila Healthcare, (+2.40%), Lupin (+2.29%), Dr Reddy's (+1.78%), Sun Pharma (+1.44%).

Tomorrow Best Stocks Recommendation- 23 Aug 
BUY KEC ABOVE 320 TARGETS 323, 326, 329 STOPLOSS 314
BUY WELCORP ABOVE 152.0 TARGETS 153.5, 155, 156.5 STOPLOSS 159

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