PVR, JustDial among top five intraday trading ideas for today
Intraday trading tips: MSCI’s broadest index of Asia-Pacific shares outside Japan inched up 0.1 per cent. Australian stocks added 0.5 per cent and South Korea's KOSPI edged up 0.07 per cent. Japan's Nikkei reversed earlier modest losses to rise 0.2 per cent, lifted as the dollar came off lows versus the yen.
The Sensex and Nifty are expected to open lower on Friday ahead of no-confidence motion against PM Narendra Modi-led government, while Asian markets eked out modest gains on Friday as investor caution prevailed amid concerns about the European Union imposing retaliatory tariffs on US goods. US President Donald Trump’s criticism of Federal Reserve policy also hurt sentiment.
At 8:00 am, the SGX Nifty was trading at 10,967, down 10.50 points or 0.10 per cent.
MSCI’s broadest index of Asia-Pacific shares outside Japan inched up 0.1 per cent. Australian stocks added 0.5 per cent and South Korea's KOSPI edged up 0.07 per cent. Japan's Nikkei reversed earlier modest losses to rise 0.2 per cent, lifted as the dollar came off lows versus the yen.
Here are top intraday trading tips:
Target: Rs 1300
Stoploss: Rs 1250
The company to report robust Q1FY19 earnings
Buying seen in stock in last hour of trade with heavy volumes
Target: Rs 1200
Stoploss: Rs 1125
Short-covering seen in stock; scrip settled at day's high
PVR is physical delivery stock, hence short-covering likely
Buy Dr reddy
Target: Rs 2080
Stoploss: Rs 2000
DRL expected to report strong earnings on July 26
Sharp fall has turned DRL's valuations cheaper
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Buy Jubilant Foods
Target: Rs 1450
Stoploss: Rs 1410
The stock to report strong earnings on July 25
Short-covering seen in stock
Target: Rs 620
Stoploss: Rs 575
Board meet due tomorrow to discuss buyback proposal
Fresh buying in the stock with heavy volumes in futures trade
(Stocks mentioned here are for informational purpose. Consult your financial advisor before investing.)
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