NIFTY SPOT: 7900.40 EQUITY RESEARCH LAB

Stock Cash tips :- 

 Nifty Future R1: 7958 R2:7988 R3: 8037

Pivot: 7909  S1: 7879 S2:7830 S3:7800

CHART INTERPRETATION :-

Nifty spot close at 7900.40 on Thursday . At higher side, important level 7920-8050. As long as Nifty future manages to sustain above this level on intraday declines, the trend will be strong and nifty future will try touch further higher levels from this level. At lower side, support near 7850.  Further weakness is nifty future is possible only if Nifty future falls and stays below the important support of 7850-7800.

Mechanical indicator stochastic RSI  also showing positive trend.

NIFTY FUTURE :-   

Nifty closed at 7928.20 on Thursday . The optimism over better fourth quarter earnings coupled with the passage of the Bankruptcy bill helped the market to hold traction. Global cues remained mixed with European counters making mostly a positive start, while Asian markets ended mixed following a dismal  day on Wall Street, while the dollar took a breather from this week’s rebound and crude oil gave back some of  its recent gains.

INTRADAY STRATIGY: -

Buy Nifty future above 7900 for the tgt of 7950-8000 sl 7830.

CORPORATE NEWS :-

Dr Reddy's Laboratories' net profit fell 85.62% to Rs 74.60 crore on 2.47% decline in total income to Rs 3786.90 crore in Q4 March 2016 over Q4 March 2015.

Arvind Ltd, has reported a consolidated net profit of Rs. 110 crore compared with Rs. 97 crore in the corresponding quarter last year, showing 14% growth on year-on-year basis.

TVS Motor Company has introduced a special “Himalayan Highs'' edition of TVS Scooty Zest 110.

If you want to more information regarding the Nifty spot,& many other like Equity tips,Stock cash tips,Nifty tips many more fill form http://equityresearchlab.com/Freetrial.php

Share:

Read More

NIFTY SPOT: 7848.85 EQUITY RESEARCH LAB

Stock cash tips :- 

Nifty Future R1: 7917 R2:7969 R3: 8029

Pivot: 7857 S1: 7806 S2:7746 S3:7694

CHART INTERPRETATION :-

Nifty spot close at 7848.85 on Wednesday . At higher side, important level 7920-8050. As long as Nifty future manages to sustain above this level on intraday declines, the trend will be strong and nifty future will try touch further higher levels from this level.

At lower side, support near 7850. Further weakness is nifty future is possible only if Nifty future falls and stays below the important support of 7850-7800.

Mechanical indicator stochastic RSI also showing positive trend.

INDEX OUTLOOK :-

NIFTY FUTURE :-

Nifty closed at 7865.85 on Wednesday . The new tax pact with Mauritius spooked markets. However, the deep cuts in prices encouraged value buying later on, especially as it dawned on the investors that better clarity on the tax pact augurs well from a long term perspective. But, falling European stocks as well as CPI-IIP figures scheduled for tomorrow, ensured that the day’s gains were capped.

INTRADAY STRATIGY :-

Buy Nifty future above 7900 for the tgt of 7950-8000 sl 7830.

CORPORATE NEWS :-

Kotak Mahindra Bank's net profit rose 31.99% to Rs 695.78 crore on 52.27% increase in total income to Rs 4947.32 crore in Q4 March 2016 over Q4 March 2015.

Indian Bank net profit fell 59.02% to Rs 84.49 crore on 2.34% increase in total income to Rs 4513.60 crore in Q4 March 2016 over Q4 March 2015.

Oriental Bank of Commerce reported a net profit of Rs 21.62 crore in Q4 March 2016 compared with the net loss of Rs 178.44 crore in Q4 March 2015.

If you want to more information regarding the Nifty spot & many other like Equity tips.stock cash tips,Nifty tips fill form http://equityresearchlab.com/Freetrial.php

Share:

Read More

NIFTY SPOT: 7887.80 EQUITY RESEARCH LAB

Stock Cash Tips :- 

 Nifty Future R1: 7946 R2:7973 R3: 8012

Pivot: 7906 S1: 7880 S2:7840 S3:7813

CHART INTERPRETATION :-

Nifty spot close at 7887.80 on Tuesday . At higher side, important level 7920-8050. As long as Nifty future manages to sustain above this level on intraday declines, the trend will be strong and nifty future will try touch further higher levels from this level. At lower side, support near 7850. Further weakness is nifty future is possible only if Nifty future falls and stays below the important support of 7850-7800.

Mechanical indicator stochastic RSI also showing positive trend.

INDEX OUTLOOK :-

NIFTY FUTURE:-

Nifty closed at 7919.75 on Tuesday . Earlier, markets traded choppy for most part of the day’s trade as traders opted to book profit at attractive levels after posting a huge rally in previous session. Traders also remained on sidelines ahead of important macro data slated to be announced later in the week.

INTRADAY STRATIGY:-

Buy Nifty future above 7950 for the tgt of 8000- 8050 sl 7870.

CORPORATE NEWS :-

Kansai Nerolac Paints' promoter, Kansai Paint Company, acquired 1.37 crore shares, or 2.54% equity, in the paint maker through open market purchase on 6 May 2016. Post-acquisition, Kansai Paint Company holds 39.79 crore stake, or 73.83% equity, in Kansai Nerolac Paints.

UFO Moviez India has settled dispute with Real Image Media Technologies.

JSW Steel seven bidders shortlisted for Tata Steel's UK assets.

If you want to more information regarding nifty spot & many other like Equity tips,commodity tips,nifty tips many more fill form http://equityresearchlab.com/Freetrial.php

Share:

Read More

NIFTY SPOT: 7733.45 Equity Research Lab

Stock cash tips :-


Nifty Future R1: 7786 R2:7813 R3: 7856

Pivot: 7743 S1: 7717 S2:7674 S3:7647

CHART INTERPRETATION :-

Nifty spot close at 7733.45 on Friday . At higher side, immediate resistance near 7735-40. If Nifty future manages to move and stay above this resistance, nifty future will try to touch the next important resistance at 7780-7810.How ever, if Nifty future fails to move and stay above any of the given resistance levels, then again Nifty future will fall to lower levels.

At lower side, support near 7710, If Nifty future falls and stays below this important support, then the trend will become further weak and nifty future will fall to next lower supports at 7680-7660 levels.


Mechanical indicator stochastic RSI also showing positive trend.

INDEX OUTLOOK :-

NIFTY FUTURE :-

Nifty closed at 7760.25 on Friday . After almost hitting the 8000 levels recently, the Nifty seems to be struggling to come anywhere near for now. The sell-off for some days has been mostly triggered by a slide in global markets. Disappointing quarterly earnings announced by banking heavyweight ICICI Bank hit sentiment on the street. The coming week will see the market reacting to plethora of macro-economic numbers which includes April Import & Export data, April CPI YoY and March IIP YoY. Corporate results on the other hand will continue to pour in with companies like HUL, Asian Paints, Havells and Cadila announcing their earnings next week.

INTRADAY STRATIGY :-

Buy Nifty future above 7800 for the tgt of 7850- 7900 sl 7730.

CORPORATE NEWS :-

NIIT Technologies reported a consolidated net profit of Rs. 79 crore for the fourth quarter ended March 31, as compared to the loss of Rs. 17.5 crore in the corresponding period last year.

BHEL announced the commissioning of a 500-MW thermal unit in Jharkhand.

Havells India Ltd has launched integrated automation and control solutions for domestic, commercial and public segments.

For further details of Nifty spot & many other share market tips like Equity tips,stock cash tips,Commodity tips fill form http://equityresearchlab.com/Freetrial.php

Share:

Read More

Equity Research Lab NIFTY SPOT: 7805.90

Stock cash tips :- 

Nifty Future R1: 7874 R2:7909 R3: 7944

Pivot: 7839 S1: 7805 S2:7770 S3:7735

CHART INTERPRETATION :-

Nifty spot close at 7805.90 on Monday . At lower side, support near 7820-7800. If Nifty future takes support near this level on intraday declines, then nifty future will bounce back and move to higher levels. At higher levels, resistance near 7860-7890. Further up moves in nifty future is possible only if Nifty future manages to move and stay above this level. Otherwise, again Nifty future will fall to lower levels.

Mechanical indicator stochastic RSI also showing positive trend.

INDEX OUTLOOK :-

NIFTY FUTURE: Nifty closed at 7853.45 on Friday . Nifty moved in a 53-point range throughout the day and closed just above 7800. Nifty fell 43.90 points or 0.6 percent at 7805.90. Growth in India's manufacturing sector slowly sharply in April as demand weakened, reinforcing views that the central bank will have to cut interest rates again in coming months. The Nikkei/Market Manufacturing Purchasing Managers' Index fell to a fourmonth low of 50.5 in April from March's 52.4, nearing the 50 mark that separates growth from contraction and the lowest reading of the year. we are still bullish on India with better-than-expected Q4 earnings and hopes for a good monsoon.

INTRADAY STRATIGY:- Buy Nifty above 7800 for the tgt of 7850- 7900 with the sl of 7730 .

CORPORATE NEWS :-

Nikkei India Manufacturing Purchasing Managers’ Index (PMI) — a composite indicator of manufacturing performance — fell from 52.4 in March to 50.5 in April, 2016.

Maruti Suzuki India reported total sales growth of 16% in the domestic market by selling 1,17,045 vehicles in April.

Mahindra & Mahindra reported a 14% rise in total sales to 41,863 units in April. The company had sold 36,727 units in the same month last year.

Bajaj Auto’s sales saw a 2% decline during April to 3.30 lakh units versus 3.36 lakh units in the same month of last
year.

If you want to more information regarding the Nifty spot & many other like Equity tips,stock cash tips,Nifty tips many more fill form http://equityresearchlab.com/Freetrial.php

Share:

Read More

NIFTY SPOT: 7847.25 Equity Research Lab

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

 

Share:

Read More

NIFTY SPOT: 7979.90 Equity Research Lab

Stock cash tips :- 

Nifty Future R1: 8009 R2:8027 R3: 8057

Pivot: 7979 S1: 7960 S2:7930 S3:7912

CHART INTERPRETATION :-

Nifty spot close at 7979.90 on Wednesday . In the morning nifty spot open down but trade above the range of 7900 .nifty spot showing recovery from the day low and made a high of 7997.95On Wednesday. nifty also trade 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.  At lower side support 7960-40. If Nifty future takes support near this level on intraday declines, nifty future will bounce back and move in upward direction.  At higher side, immediately hurdle near 8000-8010. Further up moves towards 8050-70 is possible only if Nifty future manages to move and stay above this immediate hurdle.

Mechanical indicator stochastic RSI also showing positive trend.

INDEX OUTLOOK :-

NIFTY FUTURE:-

Nifty closed at 7990.35 on Wednesday . The market is still range bound with the Nifty eyes set on 8000-mark.Nifty was seen trading in a very narrow channel throughout the day’s session due to absence of fresh cues from both international and domestic markets.

INTRADAY STRATIGY:-

Buy Nifty above 7980 for the tgt of 8030- 8080 with the sl of 7920 .

CORPORATE NEWS :-

Biocon reported a 79.1% increase in net profit at Rs. 360.9 crore for the fourth quarter ended March on top of higher sales and exceptional income. The company had posted a net profit of Rs. 201.5 crore in the same period of the previous fiscal. Net sales rose to Rs. 970.3 crore, up 16.84%, from Rs. 830.4 crore a year ago.

Yes Bank’s net profit for the March quarter rose 27.43% due to higher net interest income and other income. Net profit for the quarter stood at Rs.702.11 crore as compared to Rs.550.99 crore a year ago.

If you want to more information regarding the Nifty spot & many other like equity tips,stock cash tips,commodity tips,Nifty tips etc fill form http://equityresearchlab.com/Freetrial.php

Share:

Read More