NIFTY TIPS :-
Nifty Future R1: 7487 R2: 7593 R3: 7651
Pivot: 7428 S1: 7322 S2: 7263 S3: 7157
CHART INTERPRETATION :-
Nifty spot close at 7387.25 on Monday . 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 7380.85 on Monday. Weak European markets coupled with heavy selling in the front line blue chip stocks in the last hour of trade dragged the benchmark indices . Sensex and Nifty down over one-and-a-half percentage point on monday.
INTRADAY STRATIGY:-
Buy Nifty below the 7400 for the tgt of 7450-7500 with the sl of 7340.
CORPORATE NEWS :-
Ipca Laboratories posted 44.18% decline in net profit at Rs. 23.18 crore for the third quarter ended December 31, 2015. Net sales of the company declined to Rs. 674.27 crore in the third quarter against Rs. 734.15 crore in the same period of previous fiscal.
Procter & Gamble Hygiene and Health Care net profit jumped 61.81% to Rs 146.70 crore on 10.98% rise in total income to Rs 734.29 crore in Q2 December 2015 over Q2 December 2014.
Piramal Enterprises reported a consolidated net profit of Rs. 321.71 crore and net sales of Rs. 1,847.71 crore for the December quarter. The company had posted a net profit of Rs. 249.02 crore and net sales of Rs. 1,385.12 crore during the same period last fiscal.
If you want to more information regarding the Nifty future, stock cash tips,Equity tips,Commodity 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 7387.25 on Monday . 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 7380.85 on Monday. Weak European markets coupled with heavy selling in the front line blue chip stocks in the last hour of trade dragged the benchmark indices . Sensex and Nifty down over one-and-a-half percentage point on monday.
INTRADAY STRATIGY:-
Buy Nifty below the 7400 for the tgt of 7450-7500 with the sl of 7340.
CORPORATE NEWS :-
Ipca Laboratories posted 44.18% decline in net profit at Rs. 23.18 crore for the third quarter ended December 31, 2015. Net sales of the company declined to Rs. 674.27 crore in the third quarter against Rs. 734.15 crore in the same period of previous fiscal.
Procter & Gamble Hygiene and Health Care net profit jumped 61.81% to Rs 146.70 crore on 10.98% rise in total income to Rs 734.29 crore in Q2 December 2015 over Q2 December 2014.
Piramal Enterprises reported a consolidated net profit of Rs. 321.71 crore and net sales of Rs. 1,847.71 crore for the December quarter. The company had posted a net profit of Rs. 249.02 crore and net sales of Rs. 1,385.12 crore during the same period last fiscal.
If you want to more information regarding the Nifty future, stock cash tips,Equity tips,Commodity tips & many other call@ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
The given technical charts are very supportive in trading as it is uploaded by the professional advisors and for more Stock Futures Tips visit Epic Research.
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