FAST MONEY: Titan, Mahindra CIE among 20 intraday trading calls for today
MSCIs broadest index of Asia-Pacific shares outside Japan was 0.05 percent firmer, while Japans Nikkei edged up 0.12 percent in thin trade. Futures for the S&P 500 ESc1 added 0.14 percent as traders waited for new developments on global trade.
The Sensex and Nifty are expected to open flat on Thursday tracking subdued trend in Asian markets as a lull in the Sino-US trade tussle helped calm nerves enough for the Nasdaq to reach a record high, while tensions in the oil market grew ahead of an OPEC meeting that may expand crude supply.
At 7:55 am, SGX Nifty was trading at 10,802.50, up 10 points or 0.09 per cent.
MSCI's broadest index of Asia-Pacific shares outside Japan was 0.05 percent firmer, while Japan's Nikkei edged up 0.12 percent in thin trade. Futures for the S&P 500 ESc1 added 0.14 percent as traders waited for new developments on global trade.
Here are key intraday trading tips:
VIP Industries (Buy)
Target: Rs 453
Stoploss: Rs 435
Buying in consumption stocks
The stock found support after three-session long losing streak
Royal Orchid (Buy)
Target: Rs 172
Stoploss: Rs 165
Jupiter India Fund bought 76010 shares
Jupiter India Fund bought 0.28% stake on June 5
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Nahar Spinning (Buy)
Target: Rs 95
Stoploss: Rs 91
The stock rallied for second day in a row
The stock trading above shoter-term moving average
PFC (Buy)
Target: Rs 86
Stoploss: Rs 81
Finance Ministry has a meeting with power producers
The discussion to revolve around power plants
Titan Company
Target: Rs 900
Stoploss: Rs 880
Short-covering seen in stock, OI slipped 12%
44% cash delivery in stock
Mahindra CIE
Target: Rs 285
Stoploss: Rs 270
Maruti Suzuki and M&M to record high growth on rural demand
Both are among big clients of Mah CIE; stock closed above year high
(Stocks mentioned here are for informational purpose. Consult your financial advisor before investing.)
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