Strategy on bank nifty
Virendra Kumar of CNBC-Awaaz says that its registration zone is near 33000-33200, Bada registration zone 33455-33445, base zone 32372-32323 and Bada base zone 32102-32000 (100 DEMA). If you trade below 33000-33200 then weakness will increase.
Strategy on nifty
Virendra Kumar says that its registration zone is 141418-14770, big registration zone 14823-14856, base zone 14470-14404 and big base zone 14321-14276. Contrary to good global cues, the market is scarred by rising Corona figures. It was bad to build a base of two weeks in 1 day FIIs sold stock futures fiercely, also doing heavy call writing. Let the market stabilize now and then take the trade. After opening the market, options will be traded. It is necessary to stick to 14720-640 to show some strength.
Strong Earning Trading Calls
Buy Coforge SL-2974 TGT-3150
Buy Hindalco SL-340 TGT-370
Adani Port SL-725 TGT-770-785
Voting in Bengal, Kerala and Tamil Nadu
Voting will be held on 31 seats in the third phase of West Bengal today. , Votes will also be cast for the Tamil Nadu, Kerala and Assam assembly elections today.
PM Modi’s meeting on Thursday on Corona
Prime Minister Narendra Modi will talk to Chief Ministers of all the states of the country through video conferencing on April 8 to discuss the rising cases of Corona virus. It will discuss the situation of corona in the states, the measures taken to deal with it and the vaccination campaign.
Q4 update: SOBHA sales soared
Other companies also started offering Q4 updates. SOBHA’s SALES VALUE is expected to witness a jump of over 50%. , AVENUE SUPERMARTS saw a 17 percent increase in revenue. The same JSPL sales reached record levels in March.
BAJAJ FIN Q4 update: deposit boom
BAJAJ FINANCE added 2.3 million new customers in the fourth quarter. On an annual basis, there has been a jump of 40% in the deposit book but there is a decrease of 8% in the new loan. Has come.
Crude prices down, Brent down $ 63
The decision to increase the supply of OPEC + countries has increased the pressure on crude oil. At around 5%, Brent’s price came down to $ 63. Aviation is a relief news for paint stocks.
DOW and S&P 500 record rally
Expectations of good economic data and fast economic recovery have led to a spurt in US markets. The DOW and S&P 500 closed at record highs yesterday. Asian markets are getting mixed start. SGX Nifty is trading flat.
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