NIFTY TIPS :
Nifty Future R1: 7487 R2: 7593 R3: 7651
Pivot: 7428 S1: 7322 S2: 7263 S3: 7157
CHART INTERPRETATION :-
Nifty spot close at 7298.20 on Tuesday . nifty spot trade near 7300 , Bullish trend in nifty will be seen above 7500-7600. Nifty have support at 7250 . if nifty not maintain the level of 7200-7250 so next level of nifty
6900-7100 may be seen.
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 7325.20 on Tuesday. Nifty plunged over 1 per cent for the second straight day on Tuesday on account of selling in IT and metal stocks coupled with weak
global markets.
INTRADAY STRATIGY:-
Sell Nifty below the 7300 for the tgt of 7250-7200 with the sl of 7370.
CORPORATE NEWS :-
GAIL (India) net profit rose 9.96% to Rs 664.26 crore on 9.27% decline in total income to Rs 13708.49 crore in Q3 December 2015 over Q3 December 2014.
Power Finance Corporation net profit rose 2.63% to Rs 1582.32 crore on 9.65% growth in total income to Rs 6994 crore in Q3 December 2015 over Q3 December 2014.
Steel Authority of India posted net loss of Rs 1528.73 crore in Q3 December 2015 compared with net profit of Rs 579.09 crore in Q3 December 2014.
Dr Reddy's Laboratories consolidated net profit rose 0.81% to Rs 579.20 crore on 2.65% rise in total income to Rs 3980.10 crore in Q3 December 2015 over Q3 December 2014.
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: 7487 R2: 7593 R3: 7651
Pivot: 7428 S1: 7322 S2: 7263 S3: 7157
CHART INTERPRETATION :-
Nifty spot close at 7298.20 on Tuesday . nifty spot trade near 7300 , Bullish trend in nifty will be seen above 7500-7600. Nifty have support at 7250 . if nifty not maintain the level of 7200-7250 so next level of nifty
6900-7100 may be seen.
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 7325.20 on Tuesday. Nifty plunged over 1 per cent for the second straight day on Tuesday on account of selling in IT and metal stocks coupled with weak
global markets.
INTRADAY STRATIGY:-
Sell Nifty below the 7300 for the tgt of 7250-7200 with the sl of 7370.
CORPORATE NEWS :-
GAIL (India) net profit rose 9.96% to Rs 664.26 crore on 9.27% decline in total income to Rs 13708.49 crore in Q3 December 2015 over Q3 December 2014.
Power Finance Corporation net profit rose 2.63% to Rs 1582.32 crore on 9.65% growth in total income to Rs 6994 crore in Q3 December 2015 over Q3 December 2014.
Steel Authority of India posted net loss of Rs 1528.73 crore in Q3 December 2015 compared with net profit of Rs 579.09 crore in Q3 December 2014.
Dr Reddy's Laboratories consolidated net profit rose 0.81% to Rs 579.20 crore on 2.65% rise in total income to Rs 3980.10 crore in Q3 December 2015 over Q3 December 2014.
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
This post is very informative and contains very nice content. We provide DAILY STOCK TIPS, commodity market tips, equity market tips for profitable trading in stock market.
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