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| CapitalStars Investment Adviser |
Above 11,080, Nifty may move to hit its life time high of 11,171
Indian Indices:The Nifty closed above 11,000 zones after the price and time consolidation of last 24 weeks. It formed an Inside Bar on daily scale while a strong Bullish candle on weekly scale which indicates that overall strength could remain.
Global Market:
• Asian markets- Shares in Hong Kong are higher today as the Hang Seng gains 0.04%.
The stock markets in Tokyo and Shanghai are closed at this time.
• US Markets: U.S. Stocks Resilient in Trade Spat, Sparking Complacency Fears.
• European markets: European markets finished higher on Friday with shares in France
leading the region. The CAC 40 is up 0.43% while Germany's DAX is up 0.38% and London's FTSE 100 is up 0.14%.
Major Headlines of the day:
• Results today :- Jay BharatMarut, Mah Scooters ,Opto Circuits,Pasari Spinning,
Bansisons Tea,HUL,Sintex Plastics,TRC Finance,Pasari Spinning.
• Indian rupee opens lower at 68.55 per dollar.
• Asian shares edge lower as investors await China data.
• Nifty Market pre-opening for July 16, 2018: Bulls may help Nifty hit earlier record high
of 11,171.
• Trend in FII flows:- The FIIs were Net Value of Rs -1104.65 in the cash segment while the
DIIs were Net Value of Rs 872 as per the provisional figures.
Securities in Ban For Trade Date 16-JULY-2018
1.Jetairways
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