EQUITY TIPS ;-
Nifty Future R1: 7063 R2: 7136 R3: 7230
Pivot: 6969 S1: 6896 S2: 6802 S3: 6728
CHART INTERPRETATION :-
Nifty spot close at 6980.95 on Friday . nifty spot trade below 7000 . Next support for nifty is 6700-6650. 100-200 point downfall from the current level will be shown.
Mechanical indicator stochastic RSI move below 30 range , Nifty spot may be taste the new level
INDEX OUTLOOK:-
NIFTY FUTURE: Nifty future closed at 6990.00 on Friday. Nifty snapped a four day losing streak on Friday in a highly volatile trading session . Recovery in crude oil prices fuelled by the
news that OPEC can curtail the supply, lower level buying interest support the market sentiment.
INTRADAY STRATIGY: Sell Nifty below the 6950 for the tgt of 6900-6850 with the sl of 7020 .
CORPORATE NEWS :-
Bank of Baroda: The bank has posted a net loss of Rs. 3,342 crore for the quarter ended December 31, 2015 as compared to net profit of Rs. 333 crore for the quarter ended December 31, 2014. Nestle India: Nestle India Ltd, One of the largest food company in the world, reported standalone net profit of Rs.183.19
crore for the quarter ended December 31, 2015, registering decline of 43.87% yoy.
HDIL: Housing Development and Infrastructure Ltd posted a net profit of Rs. 929.50 mn for the quarter ended December 31, 2015 where as the same was at Rs. 672.90 mn for the quarter ended December 31, 2014.
If you want to more information regarding the Equity tips,stock cash tips,MCX trading tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Nifty Future R1: 7063 R2: 7136 R3: 7230
Pivot: 6969 S1: 6896 S2: 6802 S3: 6728
CHART INTERPRETATION :-
Nifty spot close at 6980.95 on Friday . nifty spot trade below 7000 . Next support for nifty is 6700-6650. 100-200 point downfall from the current level will be shown.
Mechanical indicator stochastic RSI move below 30 range , Nifty spot may be taste the new level
NIFTY FUTURE: Nifty future closed at 6990.00 on Friday. Nifty snapped a four day losing streak on Friday in a highly volatile trading session . Recovery in crude oil prices fuelled by the
news that OPEC can curtail the supply, lower level buying interest support the market sentiment.
INTRADAY STRATIGY: Sell Nifty below the 6950 for the tgt of 6900-6850 with the sl of 7020 .
CORPORATE NEWS :-
Bank of Baroda: The bank has posted a net loss of Rs. 3,342 crore for the quarter ended December 31, 2015 as compared to net profit of Rs. 333 crore for the quarter ended December 31, 2014. Nestle India: Nestle India Ltd, One of the largest food company in the world, reported standalone net profit of Rs.183.19
crore for the quarter ended December 31, 2015, registering decline of 43.87% yoy.
HDIL: Housing Development and Infrastructure Ltd posted a net profit of Rs. 929.50 mn for the quarter ended December 31, 2015 where as the same was at Rs. 672.90 mn for the quarter ended December 31, 2014.
If you want to more information regarding the Equity tips,stock cash tips,MCX trading tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
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