LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Anil Singhvi's Market Strategy September 6: Cement, Real Estate, Infra, Consumption are positive

The benchmark domestic indices on Wednesday declined amid negative global markets. Worldwide, all major share markets fell amid continued pressure on currencies of many emerging countries.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Anil Singhvi's Market Strategy September 6: Cement, Real Estate, Infra, Consumption are positive
In the case of BankNifty, the small trading range lies between 27,200-27,500 and the bigger range resides at 27,100-27,750. Image source: Youtube
Written By: ZeeBiz WebTeam
Updated: Thu, Sep 06, 2018
09:19 am
ZeeBiz WebDesk
RELATED NEWS
Gold Price, Rupee and Equity Markets II Technicals explained Gold Price, Rupee and Equity Markets II Technicals explained
Stock market updates: Sebi issues new rules for stock brokers, depository participants Stock market updates: Sebi issues new rules for stock brokers, depository participants
Top 5 stocks in focus on September 21: GRSE, ONGC to Biocon, here are the 5 newsmakers of the day Top 5 stocks in focus on September 21: GRSE, ONGC to Biocon, here are the 5 newsmakers of the day
Top 5 stocks in focus on September 21: Yes Bank, Jet Airways to Graphite India, here are the 5 newsmakers of the day Top 5 stocks in focus on September 21: Yes Bank, Jet Airways to Graphite India, here are the 5 newsmakers of the day
Sensex soars 250 points after holiday; Vedanta, Sun Pharma in top gainers list Sensex soars 250 points after holiday; Vedanta, Sun Pharma in top gainers list

The benchmark domestic indices on Wednesday declined amid negative global markets. Worldwide, all major share markets fell amid continued pressure on currencies of many emerging countries.

On the day, the S&P BSE Sensex lost 0.37 per cent or 139.61 points to 38,018.31. The Nifty 50 at the National Stock Exchange was also down 0.38 per cent or 43.35 points to 11,476.95. In secondary indices at BSE, Mid Cap fell 0.61 per cent and Small Cap slipped 0.52 per cent. 

However, positive domestic institutional investors (DIIs), neutral global outlook, future and options (F&O) and negative foreign institutional investors (FII) cues suggest that the short-term of the Indian market will remain negative on September 6, 2018. Traders are advised to be cautious while trading in the market today.  

Zee Business's Managing Editor Anil Singhvi's Market Strategy for September 6: 
Recovery possible due to Stable Global markets, Rupee and crude. 
PCR 1.37, Long positions lighter now, fresh shorts created, may lead to short covering
11,500 and 27,400 are going to be the deciding level on Nifty and BankNifty. 
Small and bigger trading range on Nifty and BankNifty lies between 11,450-11,550 and 11,400-11,650 respectively. 
In the case of BankNifty, the small trading range lies between 27,200-27,500 and the bigger range resides at 27,100-27,750.  
Traders can increase their buying positions on Nifty and BankNifty if they close above the mark of  11,600 and 27,800 respectively.  
 
Sell and Buy Strategy on Nifty
Buy Nifty with a stop loss of 11,390 and a target of 11,550-11,575-11,600.
Sell Nifty above 11,600 with a stop loss of 11,650 and a target of 11,550. 
 
Sell and Buy Strategy on BankNifty
Buy BankNifty with a stop loss of 27,150 and a target of 27,500-27,650-27,750. 
Sell BankNifty above 27,700 with a stop loss of 27,800 and a target of 27,650-27,500. 

The put-call ratio (PCR) today stands at 1.37 and the volatility index (VIX) is 13.78.
 
Sectors:
Positive: Cement, Real Estate, Infra, Consumption
Out of F&O Ban: Adani Ent

Watch this Zee Business video here:

Stock of the Day:
Buy Ultratech Futures: Stop loss 4140 and target 4265, 4300, 4340
Buy Ambuja Futures: Stop loss 220 and target 228-232
Buy ACC Futures: Stop loss 1535 and target of 1565-1580-1595
Buy NMDC Futures: Stop loss 110 and target 114

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Indian Stock Markets
RELATED NEWS
Gold Price, Rupee and Equity Markets II Technicals explained Gold Price, Rupee and Equity Markets II Technicals explained
Stock market updates: Sebi issues new rules for stock brokers, depository participants Stock market updates: Sebi issues new rules for stock brokers, depository participants
Top 5 stocks in focus on September 21: GRSE, ONGC to Biocon, here are the 5 newsmakers of the day Top 5 stocks in focus on September 21: GRSE, ONGC to Biocon, here are the 5 newsmakers of the day
Top 5 stocks in focus on September 21: Yes Bank, Jet Airways to Graphite India, here are the 5 newsmakers of the day Top 5 stocks in focus on September 21: Yes Bank, Jet Airways to Graphite India, here are the 5 newsmakers of the day
Sensex soars 250 points after holiday; Vedanta, Sun Pharma in top gainers list Sensex soars 250 points after holiday; Vedanta, Sun Pharma in top gainers list

LATEST NEWS

Gold Price Outlook: Yellow metal falls by over Rs 11,500 in last six months; may crash much more

NEET 2021 exam: Check here the latest update on dates and all you need to know for registration before appearing in the test

PPF Calculator: You can double Public Provident Fund income and save income tax outgo - you will need this help

7th Pay Commission: Central Government Employees' Dearness Allowance (DA) to become 25 pct from April 2021?

Stock Market Outlook: Anil Singhvi reveals Nifty, Bank Nifty support range, says investors should trade keeping volatility in mind

Gold Price Outlook – Gold, Silver prices may see further fall next week; expert tells what to do to maximise gains

ITC Share Price: Experts give 'share to buy' tag; predicts up to 25% profit in three months

Delhi to have its own school education board; Arvind Kejriwal says focus will be on providing jobs, proposes this unique exam pattern

West Bengal, Assam Assembly elections 2021: After TMC, BJP likely to release candidates lists today

DDA Housing Scheme 2021: Draw for allotment of flats on this DATE—Watch it live on AWAAS app

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved