Systematix Group Official

2022-08-30 05:31:11 Systematix Daily Technical Call: Buy- Colgate Palmolive India Ltd

Disclaimer: https://bit.ly/3uEcdQa Open / Comment

2022-08-29 14:30:49 Top Gainers and Top Losers: 29th August 2022 - BSE200

Disclaimer: https://bit.ly/3uEcdQa Open / Comment

2022-08-29 11:32:02 First Target Achieved @ 967.95 ….Buy TTK PRESTIGE LTD @ 908-900 SL 850(Cls) TGT 1020. Open / Comment

2022-08-29 10:55:21 Buy GODREJCP in cash @ 912.20 SL 880 TGT 980 Open / Comment

2022-08-29 10:32:19 Book Profit & Exit @ 197.30…. Buy HEIDELBERGCEMENT INDIA Ltd @ 193-191 SL 185 (Cls) TGT 209 Open / Comment

2022-08-29 10:24:20 Book Profit & Exit @ 59.25…. Buy BHARAT HEAVY ELECTRICALS LTD @ 56-54 SL 51(Cls) TGT 67. Open / Comment

2022-08-29 09:00:23 Book Part Profit @ 411.60 & Trail SL to Cost…. Buy PRAJ INDUSTRIES Ltd @ 390-387 SL 365 (Cls) TGT 445 Open / Comment

2022-08-29 06:12:42 Systematix Daily Market Updates:

Domestic Markets:
The market is expected to open in the red as trends in the SGX Nifty indicate a gap-down opening for the broader index in India with a loss of 215 points. The BSE Sensex rose 59 points to 58,834, while the Nifty was up 36 points at 17,559 and formed a bearish candle on the daily charts, as the closing was lower than opening levels.

Global Markets:
The Dow Jones Industrial Average dropped 1,008.38 points, or 3.03 percent, to 32,283.40, with losses accelerating into the close. The S&P 500 fell 3.37 percent to 4,057.66, and the Nasdaq Composite slid 3.94 percent to 12,141.71. Asian shares slid on Monday as the mounting risk of more aggressive rate hikes in the United States and Europe shoved bond yields higher and tested equity and earnings valuations.

Technical Outlook:
On a weekly chart, Nifty has completed a bearish reversal harmonic pattern. The range Between 17850 and 17900 is considered to be the potential reversal zone. A bearish candlestick pattern with a long lower shadow has developed on a weekly period down by 1.12% whereas a small bearish body is seen on a daily scale. As we can see in the chart nifty has been trading in the range of 78.6% (17850) to 61.8% (17300) of recent downfall from a high of 18604 to a low of 15183. One can say that breaking out of this range may give further direction. for the past few days nifty taking support near 20 simple DMA, which placed at 15520, this suggest indicates the short term trend is positive. Close below 20 simple DMA and 17500 may accelerate the bearishness. On the lower side, 17300 & 17200 may act as support. Whereas resistance is at 17700 levels. Open / Comment

2022-08-29 06:11:21 Stocks To Watch

Ultratech: The company commissioned cement capacity of 1.3 MTPA at Dalla Cement Works, Uttar Pradesh taking the company’s total cement manufacturing capacity in India now stands at 115.85 MTPA.

RITES: The company secured order with for redevelopment of Kollam Railway Station for Rs. 361.18 crores from Southern Railway, Ernakulam, Kerala. The company’s share in the order is 51%.

SRF: The company commissioned second BOPP Film Line & Metallizer at Indore for an aggregate cost of Rs 446 crore.

Cipla: Says U.S. FDA made six observations on Goa facility. Company is working with U.S. FDA to address the issues within stipulated time.

Mahindra & Mahindra: Says SsangYong Motor 'Rehabilitation Plan' approved.

Manappuram Finance: To consider raising funds via debt in September.

NDTV: Shifts AGM date to September 27 from September 20.

Syngene International: To buy up to 26% stake in O2 renewable energy II for Rs 3 crore.

Tata Steel: Signs pact with Punjab for long-PDTS steel plant, to have scrap-based electric arc furnace. Open / Comment

2022-08-29 06:10:10 Systematix Corporate Action Tracker - Dividend

Ex-Dividend 30 August 2022 (Tomorrow)
Last date for Cum-Dividend Today

Benares Hotels Ltd.
Dividend Per Share Rs.10
Previous day Closing Price – Rs. 2250

Bengal & Assam Company Ltd.
Dividend Per Share Rs.15
Previous day Closing Price – Rs. 2836.65

Genus Power Infrastructures Ltd.
Dividend Per Share Rs.0.25
Previous day Closing Price – Rs. 82.25

Heidelbergcement India Ltd.
Dividend Per Share Rs.9
Previous day Closing Price – Rs. 197.5

Jk Agri Genetics Ltd
Dividend Per Share Rs.1.5
Previous day Closing Price – Rs. 507.75

Kakatiya Cement Sugar & Industries Ltd.
Dividend Per Share Rs.3
Previous day Closing Price – Rs. 207.85

Lambodhara Textiles Ltd.
Dividend Per Share Rs.1.5
Previous day Closing Price – Rs. 93.85

Vedant Fashions Ltd
Dividend Per Share Rs.5
Previous day Closing Price – Rs. 1274.4

Virat Industries Ltd.
Dividend Per Share Rs.1
Previous day Closing Price – Rs. 204.25 Open / Comment