NIFTY TIPS :-
Nifty Future R1: 7465 R2: 7498 R3: 7523
Pivot: 7440 S1: 7407 S2: 7382 S3: 7349
Chart INTERPRETATION:-
Nifty spot close at 7437.75 on Wednesday . 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 7433.40 on Wednesday. Nifty closed the volatile day on a flat note as investors opted to remain on sidelines ahead of January F&O expiry session and US Federal Reserve policy outcome due later in the day.
INTRADAY STRATIGY:-
Buy Nifty above the 7450 for the tgt of 7500-7550 with the sl of 7360.
CORORATE NEWS :-
Colgate Palmolive (India) net profit rose 21.81% to Rs 159.41 crore on 1.8% growth in net sales to Rs 1006.36 crore in Q3 December 2015 over Q3 December 2014.
Havells India net profit rose 4% to Rs 120.80 crore on 8% growth in net revenue to Rs 1344.50 crore in Q3 December 2015 over Q3 December 2014.
Bharat Electronics net profit rose 8.79% to Rs 295.70 crore on 4.01% decline in total income to Rs 1652.70 crore in Q3 December 2015 over Q3 December 2014.
Kajaria Ceramics consolidated net profit rose 27.58% to Rs 58.19 crore on 7.79% increase in total income to Rs 601.67 crore in Q3 December 2015 over Q3 December 2014.
If you want to more information regarding the Nifty spot,Equity tips,Commodity tips,Stock cash tips,Nifty tips & many other call @ 8109999233 or fill form http://www.equityresearchlab.com/Freetrial.php
Nifty Future R1: 7465 R2: 7498 R3: 7523
Pivot: 7440 S1: 7407 S2: 7382 S3: 7349
Chart INTERPRETATION:-
Nifty spot close at 7437.75 on Wednesday . 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 7433.40 on Wednesday. Nifty closed the volatile day on a flat note as investors opted to remain on sidelines ahead of January F&O expiry session and US Federal Reserve policy outcome due later in the day.
INTRADAY STRATIGY:-
Buy Nifty above the 7450 for the tgt of 7500-7550 with the sl of 7360.
Colgate Palmolive (India) net profit rose 21.81% to Rs 159.41 crore on 1.8% growth in net sales to Rs 1006.36 crore in Q3 December 2015 over Q3 December 2014.
Havells India net profit rose 4% to Rs 120.80 crore on 8% growth in net revenue to Rs 1344.50 crore in Q3 December 2015 over Q3 December 2014.
Bharat Electronics net profit rose 8.79% to Rs 295.70 crore on 4.01% decline in total income to Rs 1652.70 crore in Q3 December 2015 over Q3 December 2014.
Kajaria Ceramics consolidated net profit rose 27.58% to Rs 58.19 crore on 7.79% increase in total income to Rs 601.67 crore in Q3 December 2015 over Q3 December 2014.
If you want to more information regarding the Nifty spot,Equity tips,Commodity tips,Stock cash tips,Nifty tips & many other call @ 8109999233 or fill form http://www.equityresearchlab.com/Freetrial.php
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