More Fall Coming?!!.. Trade Setup for 28.07.2021 | Stocks in News | Pre Market Report | Technical View


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Editor's Stock Picks:

SCRIP NAME Recommended on Rec. Price High Percentage
Kalyani Steels 19.07.21 406 453 11.5%
Kirloskar Ferrous 25.07.21 277 306.20 10.5%

Watch for reversal in Just Dial and Mother Sumi for the coming day. We had already discussed the stocks in previous days. Enter the trade with a strict stop loss.

Note: We are not SEBI Certified Advisors, The above-mentioned Levels are just for Knowledge purposes, The investments in the stock market are very Risky, Trading in the stock market is not suitable for everyone. Prices of the stock often fluctuate, Resulting The investors losing their investment. You are solely responsible for trading. We are not responsible if anything happens during trading, you must consult your financial advisor before investing in the stock market

Nifty View:
  • Hope our yesterday's pre-market report helped you much. As we discussed 15,780 level was respected beautifully.
  • As of now, overall global sentiments are negative even though we could expect a bounce-back above the 15,780 level.
  • Ahead of monthly expiry, we can expect nifty to be volatile. Trades must be taken with strict stop loss. 
  • Even with the slight negative bias I personally expecting a bounce back. 15,600 is a major support to be watched out for.
  • Every dip can be considered for fresh buying. Index heavyweights should be in focus. Also, watch for IT stock's response to Chinese news.
Stocks in News:

  • Indusind Bank Q1: Net Profit Up 11 % To Rs 975 cr (QOQ), Up 111 % yoy, NET Interest Income Up 0.86 % To Rs 3564 cr (QOQ), Up 7 % YOY
  • DR.REDDY'S LAB: Q1 CONS NET PROFIT 5.7B RUPEES VS 5.95B (YOY) , EBITDA: 10.2B
  • Future Retail & RIL: The Supreme Court Tuesday said it would decide whether Singapore’s Emergency Arbitrator (EA) award, restraining Future Retail Ltd (FRL) from going ahead with its merger deal with Reliance Retail, was valid under Indian law and if it can be enforced.
  • RITES: Co. Wins Rs 19 cr worth order from NHAI.
  • TATA Communications: Co launches IZOTM Financial cloud platform in India.
  • GRANULES INDIA Q1: Net Profit Up 61 % to Rs 42.67 cr (QOQ), Up 13 % YOY, Revenue Up 6 % To Rs 849 cr (QOQ), Up 15 % YOY
  • Kirloskar Bros: Kirloskar Brothers Limited (KBL) writes to SEBI & Exchanges, objects to the Non-disclosure of SEBI’s order of fraudulent and unfair trade practices by Atul & Rahul Kirloskar. Cites violations of  SEBI regulations. KBL will appeal to the Advertising Standards Council of India (ASCI).
  • Ramco Ind Q1: Net Profit Up 13 % To Rs 75.5 cr (QOQ), Up 25 % Yoy, Revenue Up 23 % To Rs418 cr (QOQ), Up 37 % YOY

Major Quarterly Results on 28.07.2021:

      • Maruti Suzuki
      • Coforge
      • SRF
      • Happiest Mind
      • Sagar Cement
      • Pfizer
      • Route Mobile