Stock cash tips :-
Nifty Future R1: 8036 R2:8094 R3: 8196
Pivot: 7934 S1: 7877 S2:7775 S3:7715
CHART INTERPRETATION
Nifty spot close at 7962.65 on Tuesday . In the morning nifty spot open gap down &trade between the range of 7800-7900 .nifty spot showing recovery from the day low and break the its psychological level of 7950 which is seen as its major hurdle ,which nifty did not manage to cross. On Tuesday nifty closed above the 7950 and also closed above its 200 simple moving average . Technically nifty Spot, if manage the level of 7950-7980,So new level of 8100-8250 will be seen in nifty spot soon.
Mechanical indicator stochastic RSI also showing positive trend.
INDEX OUTLOOK :-
NIFTY FUTURE:
Nifty closed at 7979.15 on Tuesday . After a sluggish start, markets surprisingly rallied sharply to end about 1.4 per cent higher for the day. European markets traded higher when they opened, which provided support to Indian markets. The US Fed meets today and a decision on interest rates is expected tomorrow. Apart from this, good results from large companies such as Maruti and Reliance also kept sentiments positive.
INTRADAY STRATIGY:-
Buy Nifty above 7980 for the tgt of 8030- 8080 with the sl of 7920 .
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,stock cash tips.commodity tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Nifty Future R1: 8036 R2:8094 R3: 8196
Pivot: 7934 S1: 7877 S2:7775 S3:7715
CHART INTERPRETATION
Nifty spot close at 7962.65 on Tuesday . In the morning nifty spot open gap down &trade between the range of 7800-7900 .nifty spot showing recovery from the day low and break the its psychological level of 7950 which is seen as its major hurdle ,which nifty did not manage to cross. On Tuesday nifty closed above the 7950 and also closed above its 200 simple moving average . Technically nifty Spot, if manage the level of 7950-7980,So new level of 8100-8250 will be seen in nifty spot soon.
Mechanical indicator stochastic RSI also showing positive trend.
NIFTY FUTURE:
Nifty closed at 7979.15 on Tuesday . After a sluggish start, markets surprisingly rallied sharply to end about 1.4 per cent higher for the day. European markets traded higher when they opened, which provided support to Indian markets. The US Fed meets today and a decision on interest rates is expected tomorrow. Apart from this, good results from large companies such as Maruti and Reliance also kept sentiments positive.
INTRADAY STRATIGY:-
Buy Nifty above 7980 for the tgt of 8030- 8080 with the sl of 7920 .
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,stock cash tips.commodity tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Earning profit from the market is very difficult but it could be very easy for everyone if you get advice from a trusted & reliable advisory firm like Epic Research.
ReplyDelete