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Stock Market Daily Updates: 8 Oct 2021

Domestic institutional investors saw a net purchase of Rs 2528.64 crore in the cash segment. A total of Rs 5364.03 crore was sold against a total purchase of Rs 7892.67 crore.

Photo Credit :

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FII and FPIs, on Thursday saw a net sold of Rs 1764.25 crore in the cash segment. A total of Rs 8498.85 crore was sold against a total purchase of Rs 6734.60 crore. Domestic institutional investors saw a net purchase of Rs 2528.64 crore in the cash segment. A total of Rs 5364.03 crore was sold against a total purchase of Rs 7892.67 crore.

Ø INDEX MOVEMENT – 08.10.2021

Ø Nifty Future closed @ 17808 as on 07.10.2021..!!

If Nifty Future crosses @ 17909 Point, again then the upper side target is quite high and it may touch @ 17939 Point in the short term...!!!

If Bank Nifty Future crosses @ 38303 Point, again then the upper side target is quite high and it may touch @ 38373 Point in the short term...!!

Ø Trading Idea for the derivative stocks….

Ø RELIANCE IND. @ Positive Trend @ Rs 2547 with Stoploss of Rs @ 2525 for the Target near @ Rs 2606 - 2616 in short term…..!!!

Ø LARSEN LTD @ Positive Trend @ Rs 1707 with Stoploss of Rs @ 1687 for the Target near @ Rs 1744 – 1750 in short term…..!!!

Ø GRASIM IND. @ Positive Trend @ Rs 1585 with Stoploss of Rs @ 1573 for the Target near @ Rs 1622 – 1630 in short term…..!!!

Ø RAMCO CEMENT @ Positive Trend @ Rs 990 with Stoploss of Rs @ 983 for the Target near @ Rs 1033 – 1040 in short term…..!!!

Ø INDIGO @ Negative Trend @ Rs 1973 with Stop loss of Rs @ 1980 for the Target near @ Rs 1933 – 1909 in short term...!!!

Ø ESCORTS LTD @ Negative Trend @ Rs 1547 with Stop loss of Rs @ 1560 for the Target near @ Rs 1507 - 1490 in short term...!!!

Ø TATA STEEL @ Negative Trend @ Rs 1313 with Stop loss of Rs @ 1320 for the Target near @ Rs 1277 - 1270 in short term...!!!

Ø ADANI PORT @ Negative Trend @ Rs 757 with Stop loss of Rs @ 767 for the Target near @ Rs 723 – 717 in short term...!!!

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