STOCK CASH TIPS :-
Nifty Future R1: 7637 R2:7670 R3: 7725
Pivot: 7582 S1: 7549 S2:7494 S3:7462
CHART INTERPRETATION :-
Nifty spot close at 7604.35 on Friday . Nifty spot reached the level of 7500 and showing consolidation at that point. Nifty may be touch the level of 7700 soon.
Mechanical indicator stochastic RSI also showing positive trend.
INDEX OUTLOOK :-
NIFTY FUTURE:-
Nifty future closed at 7605.30 on Friday. The continuous inflow of foreign funds and pick up in the Chinese market has created a positive sentiment in the market.”
INTRADAY STRATIGY:-
Buy Nifty above 7610 for the tgt of 7650-7690 with the sl of 7540 .
CORPORATE NEWS :-
PPF interest rates have been reduced from 8.7% to 8.1%, while that on 5 year recurring deposit has been reduced to 7.4% from 8.4%. The interest rate on Kisan Vikas Patra has been slashed to 7.8% from 8.7%. Besides, the government also has slashed interest rates on 3-year time deposit to 7.4% from 8.4%; 5 year time deposit to 7.9% from 8.5% and on girl child scheme to 8.6% from 9.2%. Telecom index gained 1.4% to 1265.10 points at the closing bell on Friday from its previous close of 1246.96 points. Telecom stocks are rallying for the second consecutive session. A relief to telcos, Supreme Court on March 17 asked Telecom Regulatory Authority of India (TRAI) to consider partial roll-back of call drop penalty.
Torrent Pharmaceuticals Ltd stock closed 4% higher at Rs. 1312. The company received environment inspection report from USFDA for plant located at Dahej SEZ in Gujarat state, according to reports.
3 out of 5 manufacturing plants of the company now have an FDA approval, The scrip opened at Rs. 1271 and touched a high and low of Rs. 1319 and Rs. 1263.7 respectively.
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: 7637 R2:7670 R3: 7725
Pivot: 7582 S1: 7549 S2:7494 S3:7462
CHART INTERPRETATION :-
Nifty spot close at 7604.35 on Friday . Nifty spot reached the level of 7500 and showing consolidation at that point. Nifty may be touch the level of 7700 soon.
Mechanical indicator stochastic RSI also showing positive trend.
NIFTY FUTURE:-
Nifty future closed at 7605.30 on Friday. The continuous inflow of foreign funds and pick up in the Chinese market has created a positive sentiment in the market.”
INTRADAY STRATIGY:-
Buy Nifty above 7610 for the tgt of 7650-7690 with the sl of 7540 .
CORPORATE NEWS :-
PPF interest rates have been reduced from 8.7% to 8.1%, while that on 5 year recurring deposit has been reduced to 7.4% from 8.4%. The interest rate on Kisan Vikas Patra has been slashed to 7.8% from 8.7%. Besides, the government also has slashed interest rates on 3-year time deposit to 7.4% from 8.4%; 5 year time deposit to 7.9% from 8.5% and on girl child scheme to 8.6% from 9.2%. Telecom index gained 1.4% to 1265.10 points at the closing bell on Friday from its previous close of 1246.96 points. Telecom stocks are rallying for the second consecutive session. A relief to telcos, Supreme Court on March 17 asked Telecom Regulatory Authority of India (TRAI) to consider partial roll-back of call drop penalty.
Torrent Pharmaceuticals Ltd stock closed 4% higher at Rs. 1312. The company received environment inspection report from USFDA for plant located at Dahej SEZ in Gujarat state, according to reports.
3 out of 5 manufacturing plants of the company now have an FDA approval, The scrip opened at Rs. 1271 and touched a high and low of Rs. 1319 and Rs. 1263.7 respectively.
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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