NIFTY TIPS :-
Nifty Future R1: 7235 R2: 7279 R3: 7333
Pivot: 7180 S1: 7136 S2: 7082 S3: 7038
CHART INTERPRETATION :-
Nifty spot close at 7191.75 on Thursday . Technical and fundamental of the market is weak So may be nifty reach the level of 7300 Soon, but from that level nifty spot may be show reversal and taste new level of
6900-6750.
Mechanical indicator stochastic RSI also showing bearish trend.
INDEX OUTLOOK :-
NIFTY FUTURE: Nifty future closed at 7190.85 on Thursday. Markets surged in line with its global partners supported by the recovery in crude oil prices.” INTRADAY STRATIGY: Buy Nifty above the 7200 for the tgt of 7250-7300 with the sl of 7130 .
CORPORATE NEWS :-
Cipla announced that its UK arm Cipla (EU) has completed the transaction to acquire two US-based companies, InvaGen Pharmaceuticals Inc., and Exelan Pharmaceuticals Inc.
Bharat Heavy Electricals Ltd has commissioned a 270-MW coal-based thermal power project of GVK Group in Punjab.
Moody’s Investors Service said that Indian economy will grow at 7.5% in 2016 and 2017 as it is relatively less exposed to external headwinds, like China slowdown, and will benefit from lower commodity prices.
If you want to more information regarding the Nifty spot,nifty tips,stock cash tips,commodity tips, Equity tips & many other call @ 8109999233 or fill form
Nifty Future R1: 7235 R2: 7279 R3: 7333
Pivot: 7180 S1: 7136 S2: 7082 S3: 7038
CHART INTERPRETATION :-
Nifty spot close at 7191.75 on Thursday . Technical and fundamental of the market is weak So may be nifty reach the level of 7300 Soon, but from that level nifty spot may be show reversal and taste new level of
6900-6750.
Mechanical indicator stochastic RSI also showing bearish trend.
NIFTY FUTURE: Nifty future closed at 7190.85 on Thursday. Markets surged in line with its global partners supported by the recovery in crude oil prices.” INTRADAY STRATIGY: Buy Nifty above the 7200 for the tgt of 7250-7300 with the sl of 7130 .
CORPORATE NEWS :-
Cipla announced that its UK arm Cipla (EU) has completed the transaction to acquire two US-based companies, InvaGen Pharmaceuticals Inc., and Exelan Pharmaceuticals Inc.
Bharat Heavy Electricals Ltd has commissioned a 270-MW coal-based thermal power project of GVK Group in Punjab.
Moody’s Investors Service said that Indian economy will grow at 7.5% in 2016 and 2017 as it is relatively less exposed to external headwinds, like China slowdown, and will benefit from lower commodity prices.
If you want to more information regarding the Nifty spot,nifty tips,stock cash tips,commodity tips, Equity tips & many other call @ 8109999233 or fill form
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