Prakash Gaba of prakashgaba.com is of the view that 9785 is a crucial support and 9911 is a possibility while the resistance is at 9911. On the other hand Bank Nifty has support at 24074 and resistance at 24511.
Axis Direct is bullish on Hindalco Industries has recommended buy rating on the stock with a target price of Rs 270 in its research report dated August 17, 2017.
Sudarshan Sukhani of s2analytics.com recommends buying BPCL, Hindalco Industries and Hexaware Technologies and advises shorting Aurobindo Pharma and Godfrey Phillips.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy JM Financial and Hindalco Industries and sell DLF.
Mitessh Thakkar of miteshthacker.com is of the view that metal stocks like Hindustan Zinc, JSW Steel and Hindalco Industries should see upside momentum.
Revenue from operations may jump 32 percent to Rs 10,030 crore in April-June quarter compared with Rs 7,597.35 crore in same quarter last fiscal.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Mahindra and Mahindra and Coal India and buy Manappuram Finance while can hold Tech Mahindra.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Bharti Infratel and buy Vedanta and Ashok Leyland.
Mitessh Thakkar of miteshthacker.com recommends buying Muthoot Finance, NALCO and Hexaware Technologies.
Chandan Taparia of Motilal Oswal Securities recommends buying State Bank of India, Petronet LNG and Hindalco Industries.
The board "will consider... to avail not exceeding Rs 2,400 crore working capital facility by way of commercial papers and unsecured debentures etc for aluminium business subject to necessary approval", Hindalco Industries Ltd said in a filing to the BSE.
According to Prakash Gaba of prakashgaba.com, the trend is still up as long as 10000 holds. The crucial support for Nifty is at 10000 and the resistance is at 10149-10260-10536. On the other hand, bankers expect RBI to change its monetary stance and may even go for an aggressive rate cut.
Rajat Bose of rajatkbose.com suggests buying TVS Motor, Adani Ports and Hindalco Industries.
Ashwani Gujral of ashwanigujral.com feels that Hindalco Industries may move to Rs 240-245.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Siemens and sell Hindalco Industries and Sun Pharmaceutical Industries.
Ashwani Gujral of ashwanigujral.com recommends buying Shree Renuka Sugar, Ramco System, KRBL, Hindalco Industries and Blue Star.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindalco Industries and Federal Bank and can sell Mindtree.
For traders, we recommend booking profit on every rise near 9,950-10,000 while any dip near 9,850 can be used to make fresh longs with keeping stop out below 9,800.
Sandeep Wagle of powermywealth.com suggests buying Hindalco Industries and advises selling Reliance Capital.
recommends buying Dewan Housing Finance, Bharat Forge and Bank of India.
Mitessh Thakkar of mitesshthakkar.com is of the view that one may buy Bajaj Finserv, Cholamandalam Investment, Hindalco Industries and Kaveri Seed Company and can sell Max Financial.
Vishvesh Chauhan of Monarch Networth Capital advises buying Capital First with a target of Rs 790.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy ICICI Bank and Cholamandalam Investments.
Ashwani Gujral of ashwanigujral.com suggests buying Hindalco Industries, Yes Bank and Cholamandalam Investments.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Manappuram Finance and Bank of India and buy Hindalco Industries.