WEEKLY EQUITY NEWSLETTER 10TH JUNE TO 14TH JUNE 2019
Newsletter - Stock Market Prediction for the upcoming next week @TheGRSsolution.
At close, the Sensex was up 86.18 points at 39,615.90, while Nifty was up 26.90 points at 11,870.70. About 1058 shares have advanced, 1390 shares declined, and 146 shares are unchanged
IndusInd Bank, Bharti Infratel, Bajaj Finance, M&M and Tech Mahindra were among major gainers on the Nifty, while losers were Dr Reddys Laboratories, Yes Bank, Power Grid Corporation, Cipla and JSW Steel.
Among the sectors, except bank and IT all other indices ended in the red led by pharma, infra, metal, energy, auto and FMCG.
Anil Dhirubhai Ambani group stocks are trading under pressure on May 7. Reliance Communications was quoting at Rs 1.81, down Rs 0.08, or 4.23 percent and Reliance Power were quoting at Rs 6.10, down Rs 0.48, or 7.29 percent.
Reliance Infrastructure (down 12 percent) and Reliance Capital (down 10 percent) touched a 52-week low of Rs 72.80 and Rs 98.15 respectively.
European stocks were in recovery mode on Friday after a cautious message from the European Central Bank hit investors appetite for risk in the previous session, with traders eyeing a US jobs report and US trade tussles with Mexico for a fresh direction, reports Reuters.
Oil prices rose more than 1 percent, climbing further away from five-month lows hit earlier in the week after a report that Washington could postpone trade tariffs on Mexico and amid signs that OPEC and other producers may extend their supply cuts.Brent crude futures were up 96 cents, or 1.56 percent, at $62.63 a barrel by. They gained 1.7 percent on Thursday. Source: Reuters.
NIFTY TOP GAINERS/LOOSERS
Recommendation: - Nifty is up -26.90 point close at 11870. AROON INDICATOR shows buy single. So, trader can make their position buy above 11880 TG-11980 TG-12130 TG-12330 SL-11730
CNX BANK NIFTY
Recommendation: - Nifty bank down 85 points close at 30857. AROON INDICATOR shows buy single. So, a trader can make their position BUY ABOVE 31100 TG-31300 TG-31550 TG-31850 SL-30800
CALL OF THE WEEK:-
RECOMMENDATION – AS YOU SEEN IN THE CHARTS THAT AROON SHOWS BUY SIGNAL SO TRADER CAN MAKE THEIR POSITION ABOVE 320 TG-325 TG-330 TG-335 SL 311
RECOMMENDATION – AS YOU SEEN IN THE CHARTS THAT AROON SHOWS BUY SIGNAL SO TRADER CAN MAKE THEIR POSITION ABOVE 425 TG-430 TG-435 TG-440 SL 416
LAST WEEK CALL:
SYMPHONY ALL TGT HIT
Its views and tips by experts its a study of the market we present and we dont assure you happen, its predictions, and website or its management dont responsible for it. TheGRSsolution.com advises users to get Register with the company - THE GRS SOLUTION and trade with certified experts before taking any investment decisions.
" We help people to achieve their dreams! "
I am working with The GRS Solution from more than 2 years. No doubt in terms of return, and their intraday call they are awesome. They help me to recover my loss. If you want to earn and gain Knowledge so they are very helpful.Mr.Naveen Gupta
Appreciate the effort and technical capabilities of the GRS Solution researcher When I started here, getting pretty average researcher and made losses but my reserch manager has managed to steer my portfolio from loss to Profit!Mr. Prashant Mathkar