//]]> //]]> Indian Stock Market Analysis: Stock Market Trade setup for 11th September : Things to know

Thursday, September 10, 2020

Stock Market Trade setup for 11th September : Things to know

Today, BSE Sensex gained 646.40 points to close at 38840.32 while NSE Nifty50 surged 171.30 points to 11449.30 and formed a bullish candle on the daily charts. Stock market turned strong after five days of correction/consolidation and jumped over 1.5 percent on 10th September.

According to pivot charts, the key support levels for the Nifty is placed at 11363.07, followed by 11276.93. If the index moves up, the key resistance levels to watch out for are 11499.67 and 11550.13.


BSE SENSEX CHART


NSE NIFTY CHART

High Delivery Stocks List :


Stocks in the news :

  • V-Sciences Investments Pte Ltd sold 83,20,805 equity shares representing 9.38 percent of share capital of HealthCare Global Enterprises pursuant to the open offer on 8th September.
  • National Fertilizers reported total fertilizer sale of 23.81 lakh MT and production of 16.11 lakh MT urea in April-August, 2020.
  • Hindustan Aeronautics reported profit at Rs 148.65 crore and revenue fell to Rs 1,736.7 crore.
  • SRG Housing Finance reported profit at Rs 3.53 crore and revenue declined to Rs 15.8 crore.
  • Jay Bharat Maruti reported loss at Rs 21.04 crore and revenue declined to Rs 70.2 crore.
  • Mirc Electronics reported loss at Rs 10.74 crore and revenue dropped to Rs 94.54 crore.
  • Vaibhav Global successfully commissioned 1MW solar PV power generation project.

IRCTC, BHEL, Adani Green Energy, BF Utilities, BGR Energy Systems, Eros International Media, Future Supply Chain Solutions, ITDC, Jindal Stainless (Hisar), Lloyds Steels Industries, Parsvnath Developers, Rail Vikas Nigam, Sintex Plastics Technology are among 104 companies to announce results on 11th September.

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