As per the shareholding pattern dated December 2023, Rohit Sharma had held 1,03,200 shares (1 percent stake) in Reliable Data Services but his name disappeared from the shareholding pattern dated March 2024 as his stake dropped below 1 percent mark.
A rebound may be possible after the severe sell-off, but sustainability is the level to watch given the bearish sentiment. Below are some short-term trading ideas to consider.
Stocks like Life Insurance Corporation, Fortis Healthcare, CE Info Systems, Aarti Industries, Welspun Corp, Archean Chemical Industries, Advanced Enzyme Technologies, DCX Systems, JSW Steel and G R Infraprojects will be in focus on November 11.
Metropolis Healthcare, Cello World, PNC Infratech, Advanced Enzyme Technologies, General Insurance Corporation of India, BGR Energy Systems, Shipping Corporation of India, and Balkrishna Industries will also be in focus on Monday.
If selling pressure continues in the upcoming sessions, the Nifty 50 may find support at the 24,600-24,500 levels. Here are some trading ideas for the near term:
The decisive close above 24,400 is likely to be crucial for a further uptrend, while the bears may turn strong if the Nifty 50 breaks 24,200. Here are some trading ideas for the near term.
While Q4 net profit was hit by high finance costs, revenue and EBITDA margin for Advanced Enzyme showcased a positive trend.
The 19,600-19,500 zone may be crucial for Nifty and, if this is breached, then correction can be seen towards 19,300. On the higher side, 19,700-19,800 is important to watch out for as a decisive close above 19,800 may take it towards its fresh all-time high