NIFTY TIPS :-
Nifty Future R1: 7537 R2:7589 R3: 7623
Pivot: 7503 S1: 7451 S2:7418 S3:7366
CHART INTERPRETATION :-
Nifty spot close at 7460.60 on Tuesday . Nifty spot reached the level of 7500 and showing consolidation at that point. Above the 7700 Fresh buying may be add in nifty.
Mechanical indicator stochastic RSI also showing positive trend.
INDEX OUTLOOK :-
NIFTY FUTURE:-
Nifty future closed at 7485.40 on Tuesday. Nifty ended in red on Tuesday on account of profit-booking and weak Asian markets.
INTRADAY STRATIGY:-
Buy Nifty above 7450 for the tgt of 7490-7530 with the sl of 7370 .
CORPORATE NEWS :-
Lupin tumbled 7.59% at Rs 1,726.60 after the company clarified that the United States Food and Drug Administration inspected its Goa facility last week and cited 9 observations.
PGHH fell 0.99% to Rs 6,067.85 after the government prohibited manufacturing, selling and distributing fixed dose combination drugs with immediate effect.
Crompton Greaves lost 71.68% to Rs 43.90 following the demerger of consumer business. The scheme of arrangement in the nature of demerger in February 2015 provided for the demerger and hiving off of the consumer products business of Crompton Greaves on a going concern basis and its transfer to and vesting into Crompton Greaves Consumer Electricals.
If you want to more information regarding the Nifty spot,stock cash tips,Equity tips,Commodity tips Many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Nifty Future R1: 7537 R2:7589 R3: 7623
Pivot: 7503 S1: 7451 S2:7418 S3:7366
CHART INTERPRETATION :-
Nifty spot close at 7460.60 on Tuesday . Nifty spot reached the level of 7500 and showing consolidation at that point. Above the 7700 Fresh buying may be add in nifty.
Mechanical indicator stochastic RSI also showing positive trend.
NIFTY FUTURE:-
Nifty future closed at 7485.40 on Tuesday. Nifty ended in red on Tuesday on account of profit-booking and weak Asian markets.
INTRADAY STRATIGY:-
Buy Nifty above 7450 for the tgt of 7490-7530 with the sl of 7370 .
CORPORATE NEWS :-
Lupin tumbled 7.59% at Rs 1,726.60 after the company clarified that the United States Food and Drug Administration inspected its Goa facility last week and cited 9 observations.
PGHH fell 0.99% to Rs 6,067.85 after the government prohibited manufacturing, selling and distributing fixed dose combination drugs with immediate effect.
Crompton Greaves lost 71.68% to Rs 43.90 following the demerger of consumer business. The scheme of arrangement in the nature of demerger in February 2015 provided for the demerger and hiving off of the consumer products business of Crompton Greaves on a going concern basis and its transfer to and vesting into Crompton Greaves Consumer Electricals.
If you want to more information regarding the Nifty spot,stock cash tips,Equity tips,Commodity tips Many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
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