NIFTY TIPS :-
Nifty Future R1: 7635 R2: 7665 R3: 7686
Pivot: 7614 S1: 7584 S2: 7563 S3: 7553
Chart Interpretation :-
Nifty spot close at 7601.35 on Friday .nifty spot may be show reversal trend from tomorrow ,7740 is
the major technical support of nifty spot.
Mechanical indicator stochastic near to its overselling zone , if its give the breakout and nifty spot slip below
the 7750 so next level of nifty may be 7400-7250. If nifty take the support of this level so it may be reach the 7700-7750 soon.
Index Outlook :-
NIFTY FUTURE:-
Nifty Equity benchmarks snapped four-day losses on Friday with the Nifty closing above 7600-mark, supported by short covering in index heavyweights Infosys, Tata Motors, HDFC Bank, Reliance Industries and ITC. It was especially after a massive 554-point fall on the Sensex in previous session following global turmoil driven by China post yuan devaluation.
INTRADAY STRATIGY:-
Buy Nifty above the range of 7600 for target of 7650-7700 stop loss: 7570.
Corporate News :-
IVRCL has announced that the company has bagged orders worth Rs. 350.96 crore in the irrigation and water business divisions.
Bharti Airtel committed to an investment of Rs. 3,500 crore in West Bengal over the next three years.
Steel Authority of India almost 2% after the central and Odisha governments have in-principle approved the prospecting licence of Thakurani mines for the company.
If you want to more information regarding the stock tips, Nifty tips, Equity tips, Commodity tips call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Nifty Future R1: 7635 R2: 7665 R3: 7686
Pivot: 7614 S1: 7584 S2: 7563 S3: 7553
Chart Interpretation :-
Nifty spot close at 7601.35 on Friday .nifty spot may be show reversal trend from tomorrow ,7740 is
the major technical support of nifty spot.
Mechanical indicator stochastic near to its overselling zone , if its give the breakout and nifty spot slip below
the 7750 so next level of nifty may be 7400-7250. If nifty take the support of this level so it may be reach the 7700-7750 soon.
NIFTY FUTURE:-
Nifty Equity benchmarks snapped four-day losses on Friday with the Nifty closing above 7600-mark, supported by short covering in index heavyweights Infosys, Tata Motors, HDFC Bank, Reliance Industries and ITC. It was especially after a massive 554-point fall on the Sensex in previous session following global turmoil driven by China post yuan devaluation.
INTRADAY STRATIGY:-
Buy Nifty above the range of 7600 for target of 7650-7700 stop loss: 7570.
Corporate News :-
IVRCL has announced that the company has bagged orders worth Rs. 350.96 crore in the irrigation and water business divisions.
Bharti Airtel committed to an investment of Rs. 3,500 crore in West Bengal over the next three years.
Steel Authority of India almost 2% after the central and Odisha governments have in-principle approved the prospecting licence of Thakurani mines for the company.
If you want to more information regarding the stock tips, Nifty tips, Equity tips, Commodity tips call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Accurate recommendations and tips from Epic Research always helped me to gain more profit from stock market.
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