CAPITALSTARS -STOCKS TO LOOK OUT FOR TODAY: 16 APR 2018

Nifty continued to extend its northward journey for the seventh consecutive session and settled at 10,481 with gains of 22 points. The price action formed a high wave candle, while maintaining a higher high-low formation, indicating range-bound activity after a decent upmove. Going ahead, the level of 10,450 is an important support for the index, followed by 10,350. Only a close below the level of 10,350 would lead to a pause in the ongoing uptrend, whereas on the upside, the levels of 10,520 and 10,540 would act as an immediate resistances for the index followed by 10,575 .

United Spirits: The Board has approved a stock split in the ratio of 5:1.

Reliance Industries: Reliance Jio Infocomm Limited (“RJIL”) has signed a ~JPY 53.5 Billion Samurai Term Loan with 7 year bullet maturity (the “Facility”). The Facility is guaranteed by Reliance Industries Limited (“RIL”) and will be used for funding RJIL’s ongoing capital expenditure.

Bliss GVS Pharma: Bliss GVS pharma gets $12 million from sale of 51 percent stake in Kenya unit.

IL&FS Engineering: IL&FS Engineering wins Rs 129.66 crore pipeline laying contract from GAIL.

Dilip Buildcon: Dilip Buildcon has incorporated 5 (Five) new special purpose vehicles Companies for 5 projects awarded by the National Highways Authority of India valued at Rs. 6306.9 Crores.

Get real time advice for  Stock Trading tips , Best Accurate Stock Tips , Stock Market Live , Equity Tips , Intraday stock tips , Mcx tips , and all Maket Updates From capitalstars

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

CAPITALSTARS INVESTMENT ADVISER: SEBI REGISTRATION NUMBER: INA000001647