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INTRADAY+SWING ā
BUY SIEMENS MAY 3300CE
AROUND 133-153 TRG 158/164/172
wait for Activation near Entry point
Technical view of Nifty 50
A sustainable move above 25,000 could drive the Nifty towards the 25,200ā25,250 levels in the short term
STOCKS IN THE WATCH
ONGC:The state-owned company has made promising offshore oil and gas discoveries in the Mumbai Offshore basin that could help augment production in the near future. The discoveries, which have been named Suryamani and Vajramani, were made in OALP-VI block MB-OSHP-2020/2 and OALP-III block MB-OSHP- 2018/1, both in the offshore Mumbai basin.
Info Edge (India):The shareholders of the company have approved a plan to invest up to ā¹1,000 crore in its third venture fund. The infusion will enable the Noida-based firm to increase its backing of early-stage startups.
Jaiprakash Associates:The lenders of the company have approved a planned cash expenditure of ā¹936.27 crore for the ongoing quarter to help the company sustain its operations. The approved sum includes routine operational expenses amounting to ā¹856.73 crore, along with one-time expenses of ā¹79.54 crore.
Havells (India):The company will invest ā¹340 crore to expand cable manufacturing capacity at its Alwar plant. Following this expansion, the plantās total annual cable capacity will reach 41.45 lakh kilometres. This capacity enhancement and capital expenditure aim to meet the growing demand for cables and improve operational efficiencies.
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