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Stocks To Buy Tomorrow : 17th October (Wednesday)

Published October 16, 2018 Total Comments : 0
nifty trend

HOLDING ON TO RECOVERY FOR THE THIRD DAY IN A ROW, THE DOMESTIC EQUITY MARKET ENDED ON A FIRM NOTE ON TUESDAY. THE S&P BSE SENSEX ADDED 297 POINTS OR 0.85 PER CENT TO END AT 35,162, WITH MAHINDRA & MAHINDRA (UP 4 PER CENT) BEING THE TOP GAINER AND HDFC BANK (DOWN 1 PER CENT) THE BIGGEST LOSER. THE BROADER NSE’S NIFTY50 ENDED AT 10,585, UP 72 POINTS OR 0.69 PER CENT. POSITIVE GLOBAL CUES AND STRONG QUARTERLY EARNINGS SEASON BOOSTED THE INVESTOR SENTIMENT ON DALAL STREET. IT MAJOR INFOSYS ENDED FLAT AT RS 696, DOWN 0.4 PER CENT AHEAD OF ITS Q2 RESULTS, DUE LATER IN THE DAY.

Market Trend For Tomorrow

TREND: CONSOLIDATE TO BULLISH
RESISTANCE: 10620, 10650
SUPPORT: 10540, 10490
APPROACH: BUY ON DIPS

Stocks To Buy Tomorrow : 17th October

BUY FEL ABOVE 43 TARGETS 43.4, 43.8, 44.2 STOPLOSS 42.2
BUY BHARATGEAR ABOVE 193.5 TARGETS 195.4, 197.3, 199.2 STOPLOSS 189.7
BUY HEG ABOVE 4955 TARGETS 5003, 5051, 5099 STOPLOSS 4859

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