Stock Cash tips :-
Nifty Future R1: 7910 R2:7953 R3: 8012
Pivot: 7850 S1: 7808 S2:7748 S3:7705
CHART INTERPRETATION :-
Nifty spot close at 7850.45 on Wednesday . nifty spot trade between the range of 7700-7900 above that level, nifty may be touch the new level of 7950-8100 . Next major resistance for nifty may be 7950.
Mechanical indicator stochastic RSI also showing positive trend.
INDEX OUTLOOK :-
NIFTY FUTURE:-
Nifty future closed at 7867.85 on Wednesday. The market surged nearly 2 percent on Wednesday following global rally, strong monsoon forecast, better-than-expected economic data and ahead of Infosys Q4 earnings. In fact, it was broad based upside, majorly led by banks, auto and FMCG stocks.
INTRADAY STRATIGY:-
Buy Nifty above 7850 for the tgt of 7900-7950 with the sl of 7760 .
CORPORATE NEWS :-
Wipro board will consider a proposal to buy back shares of the company on 20 April 2016.
Madhucon Projects announced the completion of the strategic sale of its majority stake in Madhucon Agra-Jaipur Expressway to Cube Highways and Infrastructure.
Lux Industries board approved a 5-for-1 stock-split proposal.
If you want to more information regarding the Nifty spot,Equity tips,stock cash tips,Commodity tips many other fill form equityresearchlab.com/Freetrial.php team will contact you as soon as possible.
Nifty Future R1: 7910 R2:7953 R3: 8012
Pivot: 7850 S1: 7808 S2:7748 S3:7705
CHART INTERPRETATION :-
Nifty spot close at 7850.45 on Wednesday . nifty spot trade between the range of 7700-7900 above that level, nifty may be touch the new level of 7950-8100 . Next major resistance for nifty may be 7950.
Mechanical indicator stochastic RSI also showing positive trend.
NIFTY FUTURE:-
Nifty future closed at 7867.85 on Wednesday. The market surged nearly 2 percent on Wednesday following global rally, strong monsoon forecast, better-than-expected economic data and ahead of Infosys Q4 earnings. In fact, it was broad based upside, majorly led by banks, auto and FMCG stocks.
INTRADAY STRATIGY:-
Buy Nifty above 7850 for the tgt of 7900-7950 with the sl of 7760 .
CORPORATE NEWS :-
Wipro board will consider a proposal to buy back shares of the company on 20 April 2016.
Madhucon Projects announced the completion of the strategic sale of its majority stake in Madhucon Agra-Jaipur Expressway to Cube Highways and Infrastructure.
Lux Industries board approved a 5-for-1 stock-split proposal.
If you want to more information regarding the Nifty spot,Equity tips,stock cash tips,Commodity tips many other fill form equityresearchlab.com/Freetrial.php team will contact you as soon as possible.
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