Stock Cash Tips
Nifty Future R1: 7954 R2:8055 R3: 8111
Pivot: 7898 S1: 7797 S2:7741 S3:7640
CHART INTERPRETATION :-
Nifty spot close at 7847.25 on Thursday. Nifty future closed at 7846.80 on expiry of April month. as we seen At higher levels, minor hurdle near 8000-8010. Only if nifty future manages to move and stay above this level, there will be chances for further up side movements. Otherwise, again Nifty future will move in a range bound manner.
Mechanical indicator stochastic RSI also showing positive trend.
INDEX OUTLOOK :-
NIFTY FUTURE:-
Nifty closed at 7853.45 on Thursday. Japan led the slide in global markets after the Bank of Japan today kept its benchmark interest rate unchanged, but trimmed GDP growth forecast for FY17 and FY18. Metals, oil and gas, power, auto and FMCG were among the worst hit sectors, while realty shares held ground amid the carnage. Among frontline shares, big losers included Hindalco, HDFC, Maruti, ITC and M&M.
INTRADAY STRATIGY:-
Buy Nifty above 7850 for the tgt of 7900- 7950 with the sl of 7770 .
CORPORATE NEWS :-
TTK Prestige has announced its entry into the home cleaning market.
Dabur India consolidated net profit rose 16.6% to Rs 331.90 crore on 10.9% growth in net sales to Rs 2157.30 crore in Q4 March 2016 over Q4 March 2015.
ACC net profit declined 3.48% to Rs 232.19 crore in the quarter ended March 2016 as against Rs 240.55 crore during the previous quarter ended March 2015.
If you want to more information regarding the Nifty spot,Equity tips,stock cash tips,commodity tips & many other visit website http://equityresearchlab.com/Freetrial.php
Nifty Future R1: 7954 R2:8055 R3: 8111
Pivot: 7898 S1: 7797 S2:7741 S3:7640
CHART INTERPRETATION :-
Nifty spot close at 7847.25 on Thursday. Nifty future closed at 7846.80 on expiry of April month. as we seen At higher levels, minor hurdle near 8000-8010. Only if nifty future manages to move and stay above this level, there will be chances for further up side movements. Otherwise, again Nifty future will move in a range bound manner.
Mechanical indicator stochastic RSI also showing positive trend.
NIFTY FUTURE:-
Nifty closed at 7853.45 on Thursday. Japan led the slide in global markets after the Bank of Japan today kept its benchmark interest rate unchanged, but trimmed GDP growth forecast for FY17 and FY18. Metals, oil and gas, power, auto and FMCG were among the worst hit sectors, while realty shares held ground amid the carnage. Among frontline shares, big losers included Hindalco, HDFC, Maruti, ITC and M&M.
INTRADAY STRATIGY:-
Buy Nifty above 7850 for the tgt of 7900- 7950 with the sl of 7770 .
CORPORATE NEWS :-
TTK Prestige has announced its entry into the home cleaning market.
Dabur India consolidated net profit rose 16.6% to Rs 331.90 crore on 10.9% growth in net sales to Rs 2157.30 crore in Q4 March 2016 over Q4 March 2015.
ACC net profit declined 3.48% to Rs 232.19 crore in the quarter ended March 2016 as against Rs 240.55 crore during the previous quarter ended March 2015.
If you want to more information regarding the Nifty spot,Equity tips,stock cash tips,commodity tips & many other visit website http://equityresearchlab.com/Freetrial.php
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