Nifty Tips :-
Nifty Future R1: 7806 R2: 7862 R3: 7900
Pivot: 7768 S1: 7712 S2: 7674 S3: 7617
Chart Interpretation :-
Nifty spot close at 7741.00 on Wednesday .Nifty spot range for tomorrow may be retain in between the
level of 7800-7700.
Mechanical indicator stochastic and RSI also showing selling movement in nifty future.
Index Outlook :-
NIFTY FUTURE:-
Nifty fell for third day in a row on Wednesday as sentiment remained weak in the absence of any positive trigger amid weak Asian cues.
INTRADAY STRATIGY:-
Sell Nifty above the range of 7750 for target of 7700-7650 stop loss: 7810.
Coporate News :-
SRF Ltd would begin operating its Chennai plant in phases after the factory was temporarily shut last month due to flooding on heavy rainfall.
Glenmark Pharmaceuticals has received a tentative nod from the US health regulator for generic version of Sanofi-Aventis’ cardiac drug Multaq.
Narayana Hrudayalaya got listed on NSE at Rs 291, a plum 16% premium against its issue price of Rs 250.
If you want to more information regarding the Nifty future, Equity tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
Nifty Future R1: 7806 R2: 7862 R3: 7900
Pivot: 7768 S1: 7712 S2: 7674 S3: 7617
Chart Interpretation :-
Nifty spot close at 7741.00 on Wednesday .Nifty spot range for tomorrow may be retain in between the
level of 7800-7700.
Mechanical indicator stochastic and RSI also showing selling movement in nifty future.
Index Outlook :-
NIFTY FUTURE:-
Nifty fell for third day in a row on Wednesday as sentiment remained weak in the absence of any positive trigger amid weak Asian cues.
Sell Nifty above the range of 7750 for target of 7700-7650 stop loss: 7810.
Coporate News :-
SRF Ltd would begin operating its Chennai plant in phases after the factory was temporarily shut last month due to flooding on heavy rainfall.
Glenmark Pharmaceuticals has received a tentative nod from the US health regulator for generic version of Sanofi-Aventis’ cardiac drug Multaq.
Narayana Hrudayalaya got listed on NSE at Rs 291, a plum 16% premium against its issue price of Rs 250.
If you want to more information regarding the Nifty future, Equity tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
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