NIFTY TIPS :-
Nifty Future R1: 7295 R2: 7343 R3: 7394
Pivot: 7244 S1: 7195 S2: 7145 S3: 7096
CHART INTERPRETATION :-
Nifty spot close at 7215.70 on Wednesday . Nifty break its support of 7250 . if nifty not maintain the level of 7200-7250 so next level of nifty 6900-7100 may be seen. Bullish trend in nifty will
be seen above 7500-7600.
Mechanical indicator stochastic RSI move between 30- 70 range , Nifty spot may be taste the new level of 7700-7900 soon.
INDEX OUTLOOK :-
NIFTY FUTURE:-
Nifty future closed at 7246.55 on Wednesday. Nifty fell for the third straight session on Wednesday on rising concerns over a spike in bad loans of public sector banks amid
global sell-off.
INTRADAY STRATIGY:-
Sell Nifty below the 7200 for the tgt of 7150-7100 with the sl of 7270.
CORPORATE NEWS :-
Indian Overseas Bank reported net loss of Rs 1425.06 crore in Q3 December 2015 compared with net loss of Rs 516.03 crore in Q3 December 2014.
Central Bank of India declared net loss of Rs 836.62 crore in Q3 December 2015 as compared with net profit of Rs 137.65 crore in Q3 December 2014.
NHPC Ltd has more than doubled its net profit for the third quarter of fiscal 2015-16. The company’s net profit stood at Rs 388.02 crore compared with Rs 179.83 crore in the same quarter last year.
IF you want to more information regarding the nifty spot,Equity tips,commodity tips,Stock cash tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Nifty Future R1: 7295 R2: 7343 R3: 7394
Pivot: 7244 S1: 7195 S2: 7145 S3: 7096
CHART INTERPRETATION :-
Nifty spot close at 7215.70 on Wednesday . Nifty break its support of 7250 . if nifty not maintain the level of 7200-7250 so next level of nifty 6900-7100 may be seen. Bullish trend in nifty will
be seen above 7500-7600.
Mechanical indicator stochastic RSI move between 30- 70 range , Nifty spot may be taste the new level of 7700-7900 soon.
NIFTY FUTURE:-
Nifty future closed at 7246.55 on Wednesday. Nifty fell for the third straight session on Wednesday on rising concerns over a spike in bad loans of public sector banks amid
global sell-off.
INTRADAY STRATIGY:-
Sell Nifty below the 7200 for the tgt of 7150-7100 with the sl of 7270.
CORPORATE NEWS :-
Indian Overseas Bank reported net loss of Rs 1425.06 crore in Q3 December 2015 compared with net loss of Rs 516.03 crore in Q3 December 2014.
Central Bank of India declared net loss of Rs 836.62 crore in Q3 December 2015 as compared with net profit of Rs 137.65 crore in Q3 December 2014.
NHPC Ltd has more than doubled its net profit for the third quarter of fiscal 2015-16. The company’s net profit stood at Rs 388.02 crore compared with Rs 179.83 crore in the same quarter last year.
IF you want to more information regarding the nifty spot,Equity tips,commodity tips,Stock cash tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
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