The stock of Jindal Steel & Power Ltd has given downward sloping trendline breakout on Tuesday along with strong volume.

Immediate support is seen around the level of 10,816, which is the 50-day moving average and holding above this level would be extremely important. Stocks in news: L&T Technology Services, Zenith Birla and Alembic Pharmaceuticals.

The optimism in the global markets and the encouraging macroeconomic data which were released post market yesterday will provide a perfect set-up for the bulls and makes us believe that the benchmark indices are all set to open in the positive terrain. The CPI inflation for the month of January 2019 came in sharply lower at 2.05 per cent and the IIP growth for December 2018 was subdued at 2.4 per cent, but it was better than the estimates  The SGX Nifty suggests that Nifty may open around 10,892, up by 30 points.

The following stocks would be in focus during Tuesday’s trading session in light of their results announcement on February 13: Bharat Forge, Bosch, Force Motors, Godrej Industries and Kiri Industries 

The stocks that are likely to witness significant movement on the bourses on February 13 are Alembic Pharmaceuticals, Lupin, Tata Power, Natco Pharma, Indigo  and Rico Auto. 

SIP inflows remains intact for mutual fund industry in the month of January 2019, despite overall slowdown in inflows.  

Rico Auto Industries Ltd. (RAIL) and its step-down subsidiary, Rasa Autocom Ltd. (RAL) are set to acquire the equity shares in the 50:50 joint venture (JV) company named Magna Powertrain GMBH. 

The speciality chemicals company Neogen Chemicals has received the capital market regulator's approval for floating its Initial Public Offering (IPO). The company is a leading manufacturers of bromine-based and lithium-based speciality chemicals.

Automotive company JBM Auto’s PAT came in at Rs. 19.72 crore with an EPS of Rs. 4.42 per share as against Rs. 23.2 crore with an EPS of Rs. 5.12 per share for Q2FY19.