//]]> //]]> Indian Stock Market Analysis: Stock Market Trade Tips for 19th August : Things to know

Tuesday, August 18, 2020

Stock Market Trade Tips for 19th August : Things to know

Today, BSE Sensex climbed 477.54 points to 38,528.32 and the NSE Nifty reached 138.3 points to 11,385.4, formed a bullish candle.Stock market extended gains for second session and closed at the highest level since last six month despite mixed global cues.




                                         SENSEX - 30 STOCKS

Key support and resistance levels on NSE Nifty

According to pivot charts, the key support level for the Nifty is placed at 11,291.77, followed by 11,198.23. If the index moves up, the key resistance levels to watch out for are 11,440.27 and 11,495.23.

Stocks in the news :

  • Zee Entertainment Enterprises Q1 profit at Rs 30.4 crore and revenue at Rs 1,312 crore.
  • Hindustan Aeronautics Q1 profit at Rs 1,226 crore and revenue at Rs 10,239 crore.
  • GTL Infrastructure Q1 loss at Rs 208.41 crore and revenue at Rs 343.71 crore.
  • Ajanta Pharma promoter Ravi Agrawal and Trustee Ravi Agrawal Trust has de-pledged additional 240,000 shares.

CSB Bank, Muthoot Finance, Asian Granito India, GKB Ophthalmics, Globus Spirits, Kennametal India, Ramky Infrastructure, Ruchi Soya Industries, V2 Retail, etc will announce their quarterly results on 19th August.