Equity Research Lab :- NIFTY SPOT: 7954.90

!!!! Nifty is inching higher and possibility of profit taking is quite high in near future. Traders should uphold positive yet cautious approach and keep the trading portfolio balanced or add defensives like FMCG and Pharma.  !!!

Nifty Future R1: 7973 R2: 7991 R3: 8011

Pivot: 7953 S1: 7935 S2: 7915 S3: 7897

Chart Interpretation :-

Nifty has an near term resistence placed at 7940, above which it may touch 8050level.
Nifty is sustaining above 23% retracement where near support is placed at 7912.
Mechanical indicator RSI trading near 50 mark sign while MACD is also positive poised.

Corporate news :-

The Reserve Bank of India (RBI) kept its benchmark interest rate viz. the repo rate unchanged at 6.75% after a monetary policy review. The central bank also kept the cash reserve ratio (CRR) for commercial banks unchanged at 4% of net demand and time liability (NDTL).

 According to the Nikkei India Manufacturing Purchasing Managers’ Index (PMI) manufacturing activity in the country fell to a 25-month low of 50.3 in November against 50.7 in October.

 Mahindra & Mahindra's (M&M) total auto sales rose 21% to 41,590 units in November 2015 over November 2014. Domestic auto sales rose 23% to 39,383 units in November 2015 over November 2014.

Index Outlook :-

NIFTY FUTURE:-  The Nifty is likely to open in the green around 8000 level with indicator SGX Nifty trading at 8000, up 15 points.

INTRADAY STRATIGY:-  Buy Nifty in the range of 7965-7975 for target of 8000-8025, stop loss: 7930

If you want to more information regarding the nifty spot, and many other share market calls & tips like Stock future tips, Stock tips, Commodity tips, MCX trading tips call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

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Twelve stocks in focus in Tuesday trade: Stock tips by Equity research lab

Equity Research Lab: The Indian market is expected to trade higher on Tuesday tracking positive trend seen in other Asian markets.

"The Nifty50 has failed to get past 7,960, but the breadth still remains positive. The event (RBI review) might dictate the trend, but for the time being, as long as the support from 7,900 level holds, we maintain a positive bias," said equity research lab.

"If we start breaking below 7,900, then I would look at some kind of lightening of long positions as well as exploring some shorting options," he added.

Here is a Stock tips that are likely to be in focus today:

IOC, HPCL, BPCL: IOC has announced that it has reduced Petrol prices by 58p/L and Diesel prices by 25p/L with effect from Monday midnight. State-owned fuel retailers - IOCBSE 2.03 %, BPCLBSE 1.51 % and HPCLBSE 0.37 % revise petrol and diesel prices on 1st and 16th of every month

MMTC: State-owned trading firm MMTCBSE 0.66 % said it will invest about Rs 6,000 crore to double the capacity of Neelachal Ispat Nigam (NINL) in the next four years.

JSW Steel Ltd: Adistrict court in the US has asked a JSW SteelBSE 3.29 % subsidiary to pay a $156 million (Rs 1,040 crore) fine, as it confirmed an earlier ruling by a jury in an antitrust case filed by a local Steel distributor, said a media report.

Alstom India Ltd: Indian Railways on Monday signed two joint venture agreements with global transport majors General Electric and Alstom Transport for setting up two locomotive factories in Bihar with an investment of Rs 40,000 crore.

Tata Global Beverages Ltd: Tata Global Beverages which has entered the branded instant coffee business under Tata CoffeeBSE 1.23 % Grand, will source beans from its plantations in South India and use the company's tea network to market the product.

United Breweries Ltd: Promoter firm McDowell Holdings' pledged stake in United Breweries Ltd (UBL) has come down to 3.02 per cent, after lender Yes BankBSE -0.13 % invoked the pledge on part of the shares encumbered with it.

Natco Pharma Ltd: Drug firm Natco PharmaBSE -1.27 % on Monday said it has received shareholders' approval for amalgamation of its subsidiary Natco Organics into the company.

Allahabad Bank: State-run lender Allahabad BankBSE 0.52 % may look at divesting stake in Universal Sompo General Insurance Company. The bank’s board of directors will meet on December 4 to deliberate partial or complete stake sale in the general insurance venture.

IVRCL Ltd: Amid speculation over demerger of its property development and EPC business, debt-ridden IVRCLBSE 3.53 % said the senior lenders of the company will meet this week under the Corporate Debt Restructuring (CDR) mechanism.

Pidilite Industries Ltd: Adhesives and industrial chemicals maker Pidilite Industries LtdBSE 0.55 % has acquired Chemifix trademark and other brands associated with PVAC adhesives business from Sri Lanka-based CIC Holdings Plc.

Subex Ltd: SubexBSE -2.53 % has allotted 1, 86, 27,341 equity shares following conversion of $4,320,000 out of the company's $39.61-million bonds that are outstanding under the $127,721,000 (5.70 per cent) secured convertible bonds due 2017. Post-conversion, FCCBs aggregating to $35.29 million are outstanding, said a media report.

Manappuram Finance Ltd: The Company said it will raise Rs 2,000 crore by issuing non-convertible debentures (NCDs) on a private placement basis.

If you want to further information regarding share market and services like Stock Tips,   Stock Cash Trading Tips, Stock Cash Tips, Nifty Tips, Stock Premium Tips, so, you can call@ 8109999233 or  fill free trial form then our team will contact with us .   http://equityresearchlab.com/Freetrial.php

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Equity Research Lab :- NIFTY Future: 7935.25 (-0.09)

!!!!! Nifty is feeling pressure on every rise due to some reason or the other and we expect some ease by the end of this week. Traders should follow the trend and maintain stock specific trading approach.!!!!

Nifty Future R1: 7959.90 R2: 7984.55 R3: 8003.10

Pivot: 7941.35 S1: 7916.70 S2: 7898.15 S3: 7873.50

If you want to more information regarding the Nifty future, Stock cash tips, Stock tips, Commodity tips,Stock future tips many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

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Equity Research Lab :- NIFTY Future: 7921

!!!!Nifty has again reached closer to its immediate hurdle of 7930 and now all depends upon progress of the winter session of the parliament. !!!!!

 Nifty Future R1: 7909 R2: 7936 R3: 7975

Pivot: 7871 S1: 7884 S2: 7805 S3: 7779

If you want to more information regarding the Nifty level , Equity tips, Stock cash tips, Stock future tips, Commodity tips, Equity premium tips,MCX trading tips call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

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Equity Research Lab calls & tips

SELL GOLD BELOW 25300-25320 T1 25210 T2 25170 SL 25400 www.equityresearchlab.com 07316621000

 

BUY IOC 420 CALL ABOVE 5.10 T1 6 T2 7 SL 3.60 www.equityresearchlab.com 07316621000

BOOK PROFIT IN BTST INDIGO CASH T1 ALMOST ACHIEVED www.equityresearchlab.com 07316621000

BUY IBREALEST 60 CALL ABOVE 2.35 T1 2.50 T1 2.70 SL2 www.equityresearchlab.com 07316621000

If you have more queries regarding the stock market tips & calls like Stock tips, Equity tips, Stock future tips, MCX trading tips, Equity premium tips, Commodity tips and many other call @ 8109999233 of fill form http://equityresearchlab.com/Freetrial.php

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If you want to further information regarding share market and services like Stock Cash Trading Tips, Stock Cash Tips, Nifty Tips, Stock Premium Tips, so, you can call@ 8109999233 or  fill free trial form then our team will contact with us .   http://equityresearchlab.com/Freetrial.php

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Equity Research Lab: - Nifty above 7850, Sensex steady; Oil & Gas up 1%

Three banks snapped up almost 90 percent of bonds sold by Indian states to foreigners, and turned them into derivatives, raising the prospect of more volatility in one of Asia's best performing debt markets.

Several market participants involved in the sale said offshore units of Nomura, Standard Chartered and Bank of America Merrill Lynch bought about 30 billion rupees (USD 451 million) of the 35 billion rupees on offer in October, the first window for foreigners to buy in.

Much of that debt was then sold for a hefty fee as derivatives known as total return swaps to offshore clients keen for the bonds' higher yields, compared with India's already popular sovereign debt, and with similar guarantees.

CDR plan: Lenders to infrastructure company Gammon Infra, are planning to invoke Strategic Debt Restructuring (SDR) to recover Rs 10,000 crore worth dues. Speaking to CNBC-TV18, Rakesh Sharma, managing director and chief executive officer, Canara Bank says the bank is examining various options to recover dues from the company and will await the Board's nod on the same. The bank has lent close to Rs 2000 crore to the infra company.

If you have any queries regarding the Nifty level and other market tips like Equity tips, stock cash tips, MCX trading tips, stock future tips call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

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