Nifty Future R1: 7784 R2: 7840 R3: 7876
Pivot: 7829 S1: 7690 S2: 7655 S3: 7600
Chart Interpretation :-
Nifty spot seen near to its second support of 7710. Below the level of 7700 next support of nifty spot may be 7755. Continuously down trend found in Nifty .Nifty spot may touch the level of 7640 in a week.
Mechanical indicator stochastic also showing selling indication in nifty future.
Index Outlook :-
NIFTY FUTURE: Nifty fell for the fifth consecutive trading session on Tuesday on account of weak global markets and fall in the shares of oil producers such as Cairn India and Oil and Natural Gas Corporation after crude prices tumbled to seven-year lows. Nifty settled 63.70 points down at 7,701.70.
INTRADAY STRATIGY: Sell Nifty in the range of 7700 for target of 7650-7610 stop loss: 7780.
Corporate News :-
NHPC announced that its 120 megawatts (MW) Sewa-II power generation unit in Jammu & Kashmir (J&K) has been completely shut down for attending annual maintenance of machines for about 20 days with effect from 7 December 2015.
Unichem Laboratories has received final Abbreviated New Drug Application (ANDA) approval from the United States Food and Drug Administration (USFDA) for Irbesartan tablets USP.
L&T’s water and effluent treatment vertical has secured orders worth Rs. 1,053 crore from the Water Resources Department, Odisha Government, for the engineering, procurement and construction of 34 lift irrigation schemes across the State.
If you want to more information regarding the Nifty spot, Nifty level & share market latest news stock tips & many other call at @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Pivot: 7829 S1: 7690 S2: 7655 S3: 7600
Chart Interpretation :-
Nifty spot seen near to its second support of 7710. Below the level of 7700 next support of nifty spot may be 7755. Continuously down trend found in Nifty .Nifty spot may touch the level of 7640 in a week.
Mechanical indicator stochastic also showing selling indication in nifty future.
Index Outlook :-
NIFTY FUTURE: Nifty fell for the fifth consecutive trading session on Tuesday on account of weak global markets and fall in the shares of oil producers such as Cairn India and Oil and Natural Gas Corporation after crude prices tumbled to seven-year lows. Nifty settled 63.70 points down at 7,701.70.
INTRADAY STRATIGY: Sell Nifty in the range of 7700 for target of 7650-7610 stop loss: 7780.
Corporate News :-
NHPC announced that its 120 megawatts (MW) Sewa-II power generation unit in Jammu & Kashmir (J&K) has been completely shut down for attending annual maintenance of machines for about 20 days with effect from 7 December 2015.
Unichem Laboratories has received final Abbreviated New Drug Application (ANDA) approval from the United States Food and Drug Administration (USFDA) for Irbesartan tablets USP.
L&T’s water and effluent treatment vertical has secured orders worth Rs. 1,053 crore from the Water Resources Department, Odisha Government, for the engineering, procurement and construction of 34 lift irrigation schemes across the State.
If you want to more information regarding the Nifty spot, Nifty level & share market latest news stock tips & many other call at @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
No comments:
Post a Comment