ITC Aug 29 future derivative trend is volatile. touch high of 376.20 an low of 353, gained 2.43% in today trading session. Buy above 367 Target 375 stop loss 359.70.
Sunpharma will announce their quarterly result on 9 August. Block deal of 100000 shares of Sunpharma held on Friday at Rs 1120 per shares valued Rs 11.20 crore. It is not mean price of shares increased, trend of stock is weak the block deal give support to stock. In derivative market August future contract traded at 1123.10 up 1.95%. Open interest of shares raised, volume declined. The stock will remain volatile we will recommend hold till 09 August.
Bajaj auto shares moved 37 points at NSE on Friday, the stock touched high at 2039.90 and low at 2006.95. According to market experts two wheelers space in automobile sector may increased 2-4% and the companies deal in this sector gain momentum in near trading session.
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