DSIJ Mindshare

Index trend and stocks in action February 18, 2019

DSIJ Intelligence 0 1276 Article rating: 5.0

Going ahead, a positive follow-through above the Friday’s session high of 10,786 can lead to pull-back towards the level of 10,860 as the important 200-day moving average is placed at this level. On the flip side, the zone of 10,620-10,580 would be the key area to watch out for. Stocks in news: Signet Industries, Dr Reddy’s Laboratories, Tech Mahindra, NBCC, Coffee Day Enterprises, TRF and Wipro.

After the hammering last week, indices hope for a recovery

DSIJ Intelligence 0 702 Article rating: 5.0

The set-up for the Indian stock markets to begin the week is perfect as cues from the global peers are cheerful and bulls cannot hope for a better pitch than today to come out and take on the bears with their horns after the hammering they received last week. The outlook for the day is a flat start at the time of writing, SGX Nifty is trading around 10,799, up by 24 points. 

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