Strategy on nifty
Virendra Kumar of CNBC-Awaaz says that its registration zone is 14927-14967, the larger registration zone is 15009-15047. The base zone is 14778-14747 and the larger base zone is 14690-14666. With the market now booming, FIIs are now buying cash shares as well. Now there is no technical interruption, there is an option break at 15000-15050. Buy and buy every fall up to 14750. May cool slightly in the last hours, closing close to the expiry zone.
Strategy on nifty bank
Its registration zone is 33970-34000. The larger registration zone is 34200–34280. Its base zone is 33466-33395. The larger base zone is 33230–33150. Bulls have easily overcome all the obstacles on the long side. Now there are option writers at 34000, 34500. Now 33466-33395 is the important base. Buy and buy every fall up to 33466-33395.
Know today’s trading calls
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Jamnagar: RIL will build a 1,000-bed hospital
Reliance Industries has taken a major initiative in the fight against Corona. Has announced to build a thousand bed Covid Hospital in Jamnagar, Gujarat. The 400-bed hospital will be ready in just 4 days. Treatment of Korean patients will be free.
New cases 3.79 lakhs, recover 2.70 lakhs
2 lakh 70 thousand patients were recovered from Corona yesterday. At the same time, about 3 lakh 80 thousand new cases were registered. 3636 patients died. Here the serum institute reduced the price of Kovishield. States will now get a vaccine for Rs 300 instead of 400.
PowerGrid InvIT’s IPO to open today
Today the IPO of POWERGRID INVIT will open. The price band is between 99- 100 rupees. The company has raised ANCHOR INVESTORS 3480 crores.
Results of three Nifty companies today
The three Nifty companies BAJAJ AUTO, HUL and TITAN will present fourth quarter results today. The futures will await the figures of AMBUJA, EXIDE, L&T FIN HOLDING and SHRIRAM TRANSPORT.
BIOCON’s profits increase by 86%
BIOCON’s revenue in Q4 was lower than projected but margin was below estimates. Other income has increased by 86 percent on the basis of income.
April series expiry today
The market will keep an eye on the April series expiry. In the Awaaz Traders Poll, 50 percent of the experts said that the expiry of Nifty can be between 14800 to 14900.
DOW FUTURES and SGX NIFTY fast
The US market has improved its mood with good results from Apple and Facebook. DOW FUTURES has seen a 50-digit bounce. On the other hand, FED has decided to keep interest rates and bond purchases close to zero. Japan’s market in Asia is closed today. SGX NIFTY is seeing a rise of more than quarter percent.
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