Equity Research Lab Empowering global research Date: 05TH Jan, 2018 NIFTY OUTLOOK
BANKNIFTY OUTLOOK
Nifty is likely to open with a positive note
Bank nifty is also likely to open with
today. Intraday traders are advised to go
positive note today. Intraday traders are
for the buy on dips strategy as nifty has
advised to adopt buy on dips strategy for
crossed its trend line resistance. Positional
the day. Positional traders are advised to
traders are advised to book their partial
revise their stop loss at 25475 for the long
profits for the longs.
positions.
Strategy Of The Day :
Top Gainer s
Symbol TATASTEEL DRREDDY LT ASIANPAINT ONGC
LTP 763.45 2414.8 1313.3 1175.3 198.75
% Change 3.88 3.24 2.98 2.92 2.74
Volume 80,82,986 5,58,617 45,46,456 7,29,965 1,27,40,860
Symbol TATAMOTORS EICHERMOT BPCL POWERGRID INFY
LTP 430 28614 491.5 200.4 1015
% Change -0.9 -0.7 -0.69 -0.62 -0.62
Volume 83,95,377 49421 27,20,308 23,64,782 44,73,807
Top Losers
TOP NEWS OF THE DAY -ONGC may have to pay a premium to acquire government's stake in HPCL -Infosys partners with ValGenesis to further enable digitisation in life sciences -Tata Motors' JLR India volume surges 49 percent to 3,954 units in 2017 -Advanced Enzyme Technologies is meeting with Astute Investment Management at 4 PM today -HCL Technologies terminates agreement with Great America Insurance Company -Jaypee Infratech aims to complete 24,000 flats by 2020 for Rs 8,000 crore: ToI-Suzlon has asked executives to take pay cut: Report -ICICI Bank takes Western India Shipyard to NCLT -Chinese Bank plans to withdraw insolvency filing against Reliance Communications