Equity Research Lab :- NIFTY SPOT: 7750.90

Nifty Future R1: 7788 R2: 7818 R3: 7848

Pivot: 7758 S1: 7728 S2: 7699 S3: 7668


Chart Interpretation :-

Nifty spot close above the retracement breakout 7750. Next level in spot is 7790-7850.

Mechanical indicator stochastic and RSI also showing buying movement in nifty future.

NIFTY FUTURE :-


Nifty extended gains for the third consecutive trading session on Wednesday on account of buying in front line blue chip stocks as investors awaited the Fed’s decision on interest rates later in the day.

INTRADAY STRATIGY :-


Buy Nifty above the range of 7750 for target of 7800-7850 stop loss: 7670.

Corporate news :-

The Supreme court reportedly imposed a ban on registration of diesel passenger vehicles of engine capacity of 2000cc or above in Delhi till 31 March 2016.

Everest Kanto Cylinder jumped 14% at Rs 15.01 after the Supreme Court today, 16 December 2015 ordered Delhi taxis to replace diesel with CNG.

M&M fell 5.44% to Rs 1,218.90 after reports the Supreme Court banned the registration of new diesel luxury cars and sport utility vehicles with an engine capacity of over 2000 cc until 31 March 2016.

If you want to more information regarding the Nifty future tips, Stock tips and many other share market news call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php


Share:

1 comment:

  1. Get Essential market strategies, news of stock markets, daily free Stock and Commodity tips you can join Epic Research.

    ReplyDelete

Youtube

Popular Posts

Equity Research Lab only work for Interested clients who actually want profit and work with trust in stock market.

Followers

Labels

Recent Posts