Friday, 2 December 2016

TRADE IDEA ON AXISCADES FOR WEEK 05 -09 DEC 2016

“BUY AXISCADES AT 195 TGT 205/220 SL 185”
weekly AIAENG HIT TGT 1350 MADE HIGH OF 1355!!!
The Sensex ended at 26,230, down 329 points, while the broader Nifty closed at 8,086, down 106 points. The benchmark indices on Friday settled the day lower as auto makers dropped on sharp decline in monthly sales and stocks of telecom service providers - Bharti Airtel, Idea Cellular, Reliance Communications (RCom) - were hit by worries about intensifying competition with the extension of freebies offered by Reliance Jio (RJio) till March 2017. Maruti Suzuki falling the most at 3.81 per cent, followed by Tata Motors (down 3.59 per cent), Asian Paints (down 3.50 per cent), Adani Ports (down 3.42 per cent) and ZEEL (down 3.31 per cent). However, Eicher Motors, Idea Cellular, Tata Power, Bajaj Auto up by 0.64 % and UltraTech Cement up by 0.64 % gained 2.78 per cent 
GLOBAL MARKET:
On the global front, most Asian indices closed in red and marginally down. In Europe, the FTSE 100 was down 0.99%. CAC 40 and DAX was down 1.33% and 0.93% respectively, where all indices were trading in red while, the US Nasdaq was down 1.38%.
TOP GAINERS:
Company
Group
Current Price 
% Change
Aurionpro Solutions
B
116.05
+ 15.24
Coral India Finance
B
155.60
+ 9.50
AXISCADES Engineer
B
194.10
+ 9.14
HPL Electric & Power
B
108.30
+ 8.30
Superhouse Ltd.
B
150.90
+ 7.79
Nucleus Software
B
273.90
+ 6.53
Blue Coast Hotels L
B
124.40
+ 4.93
TOP LOSERS:
Company
Group
Current Price 
% Change
Dilip Buildcon Ltd.
B
224.25
-11.54
Jindal Drilling
B
171.10
-8.01
Taj GVK Hotels & Res
B
101.15
-7.63
SIL Investments Ltd.
B
103.00
-6.19
Jubilant Industries
B
292.60
-5.63
TCI Developers Ltd.
B
325.10
-5.49

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