Equity Stock Market Trend And Calls 14 August – trifidresearch.com

Markets gained momentum from the beginning of the session and Govt. measures to control CAD further accelerated and extended gains towards their key resistance levels. Nifty future after surpassing the previous day resistance of 5660 surged towards 5700 mark. Now, index is in correction mode where 200 day EMA around 5800 will act as major resistance. On lower side, support range is seen around 5620-5570 levels.

TREND: SIDEWAYS

SUPPORT      :  5670 & 5630

RESISTANCE:   5750 & 5800

Daily markets trend

  • Sensex climbs 283 points to settle above 19,200.
  • Hindalco Q1 profit rises 11.8%, beats forecast.
  • M&M Q1 net up 29% to Rs 938 cr on other income, tractor biz.
  • Tech Mahindra shares hit 6-year high post Q1 earnings.
  • DLF surges as Q1 result beats estimates.

Intraday Stock Calls-

ALBK EQ BUY ABOVE 75 TARGETS 75.75/76.50/77.30 SL 74.20

HEXAWARE EQ BUY ABOVE TARGETS 123.50/124.75/126 127.30 SL 122.20

Future Stock Calls-

SUNPHARMA FUT BUY ABOVE  555 TARGETS 559/563/567 SL 551

SUNTV FUT BUY ABOVE 430 TARGETS 434/438/442 SL 426

For More Info – trifidresearch.com

Leave a Comment

Your email address will not be published. Required fields are marked *