Equity Stock Market - Nifty Trading Trend for 21 july 2014

Information about Equity Stock Market - Nifty Trading Trend for 21 july 2014

Published on July 22, 2014

Author: sharetipsinfo1

Source: authorstream.com

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Nifty Trading Trend for 21th July,2014: An exclusive report by Sharetipsinfo.com Nifty Trading Trend for 21 th July,2014 Stock Market Outlook on 21th July 2014: Stock Market Outlook on 21 th July 2014 Key Earnings of this week: Key Earnings of this week Monday : HDFC Bank Tuesday : Axis Bank Wednesday : Cairn India Thursday : ACC, Wipro Friday : PNB - For free trial give us a missed call at +91 8030088464 Key global macro data dates: Key global macro data dates China: Thursday – Chinese HSBC Manufacturing PMI U.S.: Tuesday – Core CPI, Existing Home Sales; Thursday – New Home Sales; Friday – Core Durable Goods Orders - For free trial give us a missed call at +91 8030088464 FII & DIIs Activity: FII & DIIs Activity FIIs bought Rs 574 cr in cash while DIIs were net seller to the tune of Rs 293 cr on Friday. - For free trial give us a missed call at +91 8030088464 Stock Market on 21th July 2014: Stock Market on 21 th July 2014 US Stock closed on positive note on Friday, NASDAQ closed 1.57% up while Dow closed 0.73% up and S&P closed 1.03% up. Europe closed on mixed note, DAX closed 0.35% down, CAC closed 0.44% up and FTSE closed 0.17% up. SGX Nifty trading on positive note 26 point up at 08:00 AM. - For free trial give us a missed call at +91 8030088464 RIL Result Update:: RIL Result Update: Good results from RIL, but margins disappoint. RIL’s operating profit margin of 7.8% for the June quarter is lower both sequentially as well as on a year-on-year basis. Company’s consolidated results for the June quarter are pretty good. Consolidated net profit for the June quarter increased 13.7% year-on-year (y-o-y) to Rs.5, 957 crore . - For free trial give us a missed call at +91 8030088464 RIL Result Update:: RIL Result Update: Q1 consolidated sales were reported at Rs 104,640 crore versus Rs 97,503 crore YoY . The Q1 petrochemicals EBIT margin came in at 7.33% versus 7.5% YoY . The refining EBIT margin was 3.89% versus 3.22% YoY . The oil and gas EBIT margin came in at 32.78% versus 19.5% YoY . The other income was reported at Rs 1,974 crore versus Rs 2,392 crore YoY . The finance cost was Rs 505 crore versus Rs 938 crore YoY . - For free trial give us a missed call at +91 8030088464 Monsoon Update:: Monsoon Update: Rains were 15 percent below average in the past week, against 41 percent below average rainfall in the previous week. IMD divides the country into 39 meteorological subdivisions, just 9 of which have received normal rains. On Thursday, monsoon covered the entire country two days later than schedule and this active phase is likely to continue for next ten days. However, the rainfall this season has been less than 34% of the 50-year average. Last year, monsoon covered the country almost a month ahead of schedule, helping grain output hit a record level. - For free trial give us a missed call at +91 8030088464 Technical: Technical Market recovered the loss and is expected to climb further as long as it trades above 7560. We expect market to consolidate at this level. - For free trial give us a missed call at +91 8030088464 Strong Nifty Support and Resistance: Strong Nifty Support and Resistance Major Support : 7560-7610 Major Resistance : 7700 – 7740 - For free trial give us a missed call at +91 8030088464 Fundamental Pick/ Technical Call: Fundamental Pick/ Technical Call Fundamental Pick of the Day: Buy Hindalco Target Rs 220 Technical Call of the Day: Buy Shipping Corp Target Rs 68, SL 61.5 Buy Symphony Target Rs 1150, SL 1080 Buy Petronet LNG Target Rs 192, SL 184 - For free trial give us a missed call at +91 8030088464 Contact Us: Contact Us Share Tips Info Head Office: Corporate Office: 35,BP,First Floor, D-3, NH-2 Above icici bank, NIT, Delhi-Faridabad. Faridabad Pin –121001 Pin Code:121001 Contact Numbers: 0129-4018445 TeleFax - 0129-4019311 Website – http://www.sharetipsinfo.com “ Get Best Equity Trading Tips ”

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