Nifty Future R1: 7482 R2: 7527 R3: 7580
Pivot: 7430 S1: 7384 S2: 7331 S3: 7286
Chart Interpretation :-
Nifty spot close at 7435.10 on Tuesday , 7200 is the important level to watch out for as it may act a strong support. Decisive move below 7200 level may slide market towards level of 7000.
Mechanical indicator stochastic near to its overselling zone , where as RSI is also negative poised.
Index Outlook :-
NIFTY FUTURE:-
Nifty future closed at 7438.95 with the gain of 66.70 (0.90%).Markets rebounded on
account of short covering and positive global cues lifting Nifty to end up by over 1 per cent.
INTRADAY STRATIGY:-
Buy Nifty above the 7450 for the tgt of 7500-7550 with the sl of 7370
Corporate news :-
HCL Technologies consolidated net profit rose 0.26% to Rs 1920.00 crore in the quarter ended December 2015. Sales rose 11.40% to Rs 10341.00 crore in the quarter ended December 2015.
Greenply Industries net profit rose 35.2% to Rs 35.34 crore on 8% growth in net sales to Rs 421.74 crore in Q3 December 2015 over Q3 December 2014.
Reliance Power consolidated net profit rose 38.26% to Rs 351.81 crore on 45.93% growth in total income to Rs 2665.68 crore in Q3 December 2015 over Q3 December 2014.
If you want to more information regarding the Nifty future, Equity tips,commodity tips, Stock cash tips, Stock future tips call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Pivot: 7430 S1: 7384 S2: 7331 S3: 7286
Chart Interpretation :-
Nifty spot close at 7435.10 on Tuesday , 7200 is the important level to watch out for as it may act a strong support. Decisive move below 7200 level may slide market towards level of 7000.
Mechanical indicator stochastic near to its overselling zone , where as RSI is also negative poised.
NIFTY FUTURE:-
Nifty future closed at 7438.95 with the gain of 66.70 (0.90%).Markets rebounded on
account of short covering and positive global cues lifting Nifty to end up by over 1 per cent.
INTRADAY STRATIGY:-
Buy Nifty above the 7450 for the tgt of 7500-7550 with the sl of 7370
Corporate news :-
HCL Technologies consolidated net profit rose 0.26% to Rs 1920.00 crore in the quarter ended December 2015. Sales rose 11.40% to Rs 10341.00 crore in the quarter ended December 2015.
Greenply Industries net profit rose 35.2% to Rs 35.34 crore on 8% growth in net sales to Rs 421.74 crore in Q3 December 2015 over Q3 December 2014.
Reliance Power consolidated net profit rose 38.26% to Rs 351.81 crore on 45.93% growth in total income to Rs 2665.68 crore in Q3 December 2015 over Q3 December 2014.
If you want to more information regarding the Nifty future, Equity tips,commodity tips, Stock cash tips, Stock future tips call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Access Services of Epic Research and follow their tips and recommendations to achieve desired result in share market.
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