Nifty Future R1: 7907 R2: 8005 R3: 8062
Pivot: 7850 S1: 7752 S2: 7694 S3: 7597
Chart Interpretation :-
Nifty spot close at 7791.30 on Monday .Nifty spot range for tomorrow may be retain in between the level of
7750-7850.
Mechanical indicator stochastic and RSI also showing buying movement in nifty future.
Index Outlook :-
NIFTY FUTURE :-
Nifty lost 171.90 points (2.16%) and Sensex plunged 537.55 points (2.05%) ,weighed
down b y banking & financials, auto and technology stocks. The market may see some
correction but big fall may not seen as it has major support from domestic investors.
INTRADAY STRATIGY :-
Buy Nifty above the range of 7820 for target of 7870-7910 stop loss: 7760.
Corporate News :-
India's manufacturing activity contracted in December. Nikkei's Manufacturing Purchasing Managers' index, compiled by Markit, fell to a 28-month low of 49.1 in December from November's 50.3.
Bajaj Auto sales during December remained flat at 2.89 lakh units mainly on the back of a 12% dip year-on-year in exports.
Punj Lloyd has won four highway projects worth Rs. 1,555 crore in Bihar, Chhattisgarh, Odisha and Punjab from the central government.
If you want to more information regarding the Nifty future, Equity tips, Stock future tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Pivot: 7850 S1: 7752 S2: 7694 S3: 7597
Chart Interpretation :-
Nifty spot close at 7791.30 on Monday .Nifty spot range for tomorrow may be retain in between the level of
7750-7850.
Mechanical indicator stochastic and RSI also showing buying movement in nifty future.
NIFTY FUTURE :-
Nifty lost 171.90 points (2.16%) and Sensex plunged 537.55 points (2.05%) ,weighed
down b y banking & financials, auto and technology stocks. The market may see some
correction but big fall may not seen as it has major support from domestic investors.
INTRADAY STRATIGY :-
Buy Nifty above the range of 7820 for target of 7870-7910 stop loss: 7760.
Corporate News :-
India's manufacturing activity contracted in December. Nikkei's Manufacturing Purchasing Managers' index, compiled by Markit, fell to a 28-month low of 49.1 in December from November's 50.3.
Bajaj Auto sales during December remained flat at 2.89 lakh units mainly on the back of a 12% dip year-on-year in exports.
Punj Lloyd has won four highway projects worth Rs. 1,555 crore in Bihar, Chhattisgarh, Odisha and Punjab from the central government.
If you want to more information regarding the Nifty future, Equity tips, Stock future tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Get the high earnings from the share market just by following the simple NCDEX Tips and advises from Epic Research.
ReplyDelete