One of India’s largest plastic companies, Kisan Mouldings has entered into a Memorandum of Understanding (MoU) with PIL Italica Lifestyle Limited (PILL), the company announced on February 17, 2020 (Monday) after the market hours.

The market opened in the red on February 18, 2020, overall volumes in futures & options currently stand at 1.48 crore contracts with a turnover of Rs. 10,76,068.77 crore.

The market opened in the red on February 18, 2020. The previous trading session witnessed the Sensex going down by 202.05 points to end at 41,055.69 and the Nifty was down by 67.65 points to close at 12,045.80.

The market opened in the red on February 18, 2020. The previous trading session witnessed the Sensex going down by 202.05 points to end at 41,055.69 and the Nifty was down by 67.65 points to close at 12,045.80.

The level of 12,250 is acting as a stiff resistance and on the downside, 12,000 is acting as a support level. Only a breakout on either side could lead to a directional move. Stocks in news: Orissa Minerals Development Company, Grasim Industries, JSW Steel, HAL, Tata Motors, JSW Energy.

Majority of Asian peers are trading lower and SGX Nifty is also trading in a negative zone with the loss of 35 points at 12,038 levels, hence, we expect a negative opening for Indian stock markets. For Nifty, the 12,000 mark is a very important support level and the breach of this support could lead to another 100-150 point’s correction.

The stock of Fairchem Speciality Limited has given a downward sloping trendline breakout on the daily time frame. This breakout is confirmed by the above 50-day average volumes.

Considering the daily time frame, the stock has formed a three inside down candlestick pattern. This pattern represents a confirmation of the bearish harami pattern, which indicates that the forecast is successful.

Alphageo (India) on Monday said that it has received Notification of Award (NOA) of contract from Oil India Limited (OIL). Reacting to this news, the stock of the company rose by more than 10 per cent intraday.

Thyrocare Technologies is launching blood-based cancer screening profile consisting of Easycheck360, which is a cancer screening test profile for early detection of 16 types of cancers that is processed by Datar Cancer Genetics.