Equity Research Lab :- NIFTY SPOT: 7896.25

Nifty Future R1: 7931 R2: 7960 R3: 7979

Pivot: 7912 S1: 7882 S2: 7863 S3: 7834

Chart Interpretation :-

Nifty spot close at 7896.25 on Wednesday .Market may be trade choppy tomorrow on account of expiry.
Nifty spot range for tomorrow may be retain in between the level of 7880-7950.

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

Nifty Outlook :-

NIFTY FUTURE :-

Nifty snapped a two-day winning streak on Wednesday on the back of unwinding of long
positions ahead of the derivatives expiry, coupled with profit bookings. Sensex closed
119.45 points down at 25960.03, while Nifty settled 32.70 points down at 7,896.25.

INTRADAY STRATIGY :-

Buy Nifty above the range of 7900 for target of 7940-7980 stop loss: 7850.

If you want to more information regarding the Nifty Spot, Equity tips, stock future tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php




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