Stock Market Trade setup for 14th September : Things to know

On 11th September, BSE Sensex gained 14.23 points to close at 38854.55 while NSE Nifty surged 15.20 points to 11464.45 formed a bullish candle on the daily charts and reached over a percent for the week to witness a bullish candle on the weekly scale after the formation of a bearish pattern in the previous week.

The key support levels for the Nifty is placed at 11425.10 followed by 11385.70. If the index moves up, the key resistance levels to watch out for are 11498.70 and 11532.90.

BSE SENSEX CHART

NSE NIFTY CHART

High Delivery Stocks List :

Stocks in news :

• BHEL reported a loss of Rs 893.1 crore in Q1FY21 and revenue fell to Rs 1990.9 crore.
• BGR Energy Systems reported a loss of Rs 74.42 crore and revenue fell to Rs 127.47 crore.
• LIC raised the stake in UPL to 7.07 percent from 5.06 percent earlier.
• Heritage Foods board approved to sell 17847420 equity shares of Future Retail and 892371 equity shares of Praxis Homer Retail Limited.
• Jindal Stainless reported a loss at Rs 93.89 crore and revenue declined to Rs 852.4 crore.
• Eros International reported a loss of Rs 28.49 crore and revenue dropped to Rs 41.68 crore.

Apollo Hospitals Enterprise, Future Retail, HUDCO, PVR, Astra Microwave Products, Balaji Telefilms, Bharat Road Network, GATI, HPL Electric & Power, IFCI, IVRCL, ITI, JB Chemicals, Jaypee Infratech, Kwality, MBL Infrastructures, MMTC, NBCC (India), PC Jeweller, Raymond, SAIL, SREI Infrastructure Finance and Take Solutions alongwith 443 companies to announce results on 14th September.