Index trend and stocks in action September 14, 2017

DSIJ Intelligence-3 / 14 Sep 2017

Index trend and stocks in action September 14, 2017

Now going forward the zone of 10,135-10,145 may act as a stiff resistance zone and above this level fresh up-move expected. Whereas on the downside, supports are seen at levels of 10,040 and next support around 10,000 mark. 

During the previous trading session, Nifty opened the session on a flat note and moved up further as the day progresses. However, sharp selling emerged at higher levels in the second half of trading session and Nifty declined to end below 10,100 mark. On the daily chart nifty has formed a shooting star like candlestick pattern. Now going forward the zone of 10,135-10,145 may act as a stiff resistance zone and above this level fresh up-move expected. Whereas on the downside, supports are seen at levels of 10,040 and next support around 10,000 mark. 

Godrej Properties: Godrej Properties adds a new project in Thane through a joint venture with Nirmal Ventures.

Wipro: McLaren Technology Group announces Wipro as a new official technology partner to help drive digitalization across its business.

Jubilant Foodworks: clarifies all food ingredients are safe for consumption and company has not received any other complaint of this nature.

Stride Shasun: Strides Shasun receives USFDA Approval for Potassium Citrate Extended-Release Tablets.

Interglobe Aviation: QIP to open on 15th September with the price band for the issue as Rs 1125 to 1175 per equity share.

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