NIFTY TIPS :-
Nifty Future R1: 7475 R2: 7515 R3: 7547
Pivot: 7443 S1: 7403 S2: 7371 S3: 7331
CHART INTERPRETATION :-
Nifty spot close at 7436.15 on Monday . nifty spot trade above 7400 and also maintain the level of 7400. Nifty may be take the support at this level and reach the new level of 7700-7900 otherwise nifty spot may be break the level of 7000 and trade below 6900-6750.
Mechanical indicator stochastic RSI move above 30 range , market need to sustain above 7500 to move upward up to 7580-7700.
INDEX OUTLOOK :-
NIFTY FUTURE:-
Nifty future closed at 7435.45 on Monday. Nifty pared some of their gains on Monday in late hour of trade and closed on a flat note on account of selling in frontline blue chip stocks taking cues from European counterparts.
INTRADAY STRATIGY:-
Buy Nifty above the 7430 for the tgt of 7480-7530 with the sl of 7360.
CORPORATE NEWS :-
HDFC Bank net profit rose 20.12% to Rs 3356.84 crore on 22.45% increase in total income to Rs 18283.31 crore in Q3 December 2015 over Q3 December 2014.
Supreme Industries consolidated net profit rose 133.02% to Rs 82.14 crore on 6.07% decline in total income to Rs 1002.14 crore in Q3 December 2015 over Q3 December 2014.
Ashoka Buildcon consolidated net profit spurted 952% to Rs 13.50 crore on 34% growth in total income to Rs 614 crore in Q3 December 2015 over Q3 December 2014.
If you want to more information regarding the Nifty tips,stock cash tips,equity tips,Commodity tips,MCX trading tips & many other call@ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Nifty Future R1: 7475 R2: 7515 R3: 7547
Pivot: 7443 S1: 7403 S2: 7371 S3: 7331
CHART INTERPRETATION :-
Nifty spot close at 7436.15 on Monday . nifty spot trade above 7400 and also maintain the level of 7400. Nifty may be take the support at this level and reach the new level of 7700-7900 otherwise nifty spot may be break the level of 7000 and trade below 6900-6750.
Mechanical indicator stochastic RSI move above 30 range , market need to sustain above 7500 to move upward up to 7580-7700.
INDEX OUTLOOK :-
NIFTY FUTURE:-
Nifty future closed at 7435.45 on Monday. Nifty pared some of their gains on Monday in late hour of trade and closed on a flat note on account of selling in frontline blue chip stocks taking cues from European counterparts.
INTRADAY STRATIGY:-
Buy Nifty above the 7430 for the tgt of 7480-7530 with the sl of 7360.
HDFC Bank net profit rose 20.12% to Rs 3356.84 crore on 22.45% increase in total income to Rs 18283.31 crore in Q3 December 2015 over Q3 December 2014.
Supreme Industries consolidated net profit rose 133.02% to Rs 82.14 crore on 6.07% decline in total income to Rs 1002.14 crore in Q3 December 2015 over Q3 December 2014.
Ashoka Buildcon consolidated net profit spurted 952% to Rs 13.50 crore on 34% growth in total income to Rs 614 crore in Q3 December 2015 over Q3 December 2014.
If you want to more information regarding the Nifty tips,stock cash tips,equity tips,Commodity tips,MCX trading tips & many other call@ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
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