Equity Research Lab :- NIFTY SPOT: 7896.25

Nifty Future R1: 7931 R2: 7960 R3: 7979

Pivot: 7912 S1: 7882 S2: 7863 S3: 7834

Chart Interpretation :-

Nifty spot close at 7896.25 on Wednesday .Market may be trade choppy tomorrow on account of expiry.
Nifty spot range for tomorrow may be retain in between the level of 7880-7950.

Mechanical indicator stochastic and RSI also showing buying movement in nifty future.

Nifty Outlook :-

NIFTY FUTURE :-

Nifty snapped a two-day winning streak on Wednesday on the back of unwinding of long
positions ahead of the derivatives expiry, coupled with profit bookings. Sensex closed
119.45 points down at 25960.03, while Nifty settled 32.70 points down at 7,896.25.

INTRADAY STRATIGY :-

Buy Nifty above the range of 7900 for target of 7940-7980 stop loss: 7850.

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

Share:

Read More

Equity Research Lab :- NIFTY SPOT: 7928.95

STOCK TIPS :-
 
Nifty Future R1: 7948 R2: 7956 R3: 7990

Pivot: 7897 S1: 7906 S2: 7880 S3: 7864

Chart Interpretation :-

Nifty spot close at 7928.95 on Tuesday day ,nifty spot has manage the close above 7900. Next level in nifty
Spot may be 7950-7980.

Mechanical indicator stochastic and RSI also showing buying movement in nifty future.

Index Outlook :-

NIFTY FUTURE:-

Nifty closed on a flat note with marginal gains in a volatile trading session on Tuesday,
while participation remained weak due to year-end holidays and the derivatives contracts
expiry later this week. Sensex closed 45.35 points up at 26,079.48, while Nifty settled
3.80 points up at 7,928.95.

INTRADAY STRATIGY:-

Buy Nifty above the range of 7920 for target of 7960-7980 stop loss: 7890.

Corporate News :-

Srei Infrastructure Finance has entered into a share purchase agreement with BNP Paribas Lease Group and other stakeholders for sale of its 5% stake to BNP Paribas Lease Group.

Bharat Heavy Electricals fell 1.6% to Rs 168.70 on reports that the company's 4,000 megawatts Yadadri thermal power project in Telangana is at risk after deferral of terms of reference for the project due to ecological concerns.

United Breweries, United Spirits slide as Supreme Court upheld the ban on sale of liquor in Kerala.

If you want to more information regarding the Equity tips, Nifty tips,Stock tips & many other cal @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Share:

Read More

EQuity Research Lab :- NIFTY SPOT: 7925.15

STOCK TIPS :- 

Nifty Future R1: 7932 R2: 7956 R3: 7991

Pivot: 7897 S1: 7873 S2: 7838 S3: 7814

Chart Interpretation :-

Nifty spot close at 7925.15 on Monday day ,nifty spot has manage the close above 7900. Next level in nifty
Spot may be 7950-7980.

Mechanical indicator stochastic and RSI also showing buying movement in nifty future.

Index Outlook :-

NIFTY FUTURE:-

Nifty closed in green marking their highest level in over three weeks as investors bought
beaten-down stocks on Monday. Sensex and Nifty closed 195.42 points and 64.10points
up at 26034 and7,925.15 respectively.

INTRADAY STRATIGY:-

Buy Nifty above the range of 7910 for target of 7950-7970 stop loss: 7880.

Corporate news :-

Sunil Hitech Engineers won a project worth Rs 83 crore for construction of low cost housing in Jharkhand.

Allcargo Logistics has fixed 31 December 2015 as record date for the purpose of 1:1 bonus issue of shares.

Tube Investments of India rose 11.6% to Rs 446.60 after the company said it will sell 14% of Cholamandalam MS General Insurance to its joint venture partner Mitsui Sumitomo Insurance Company of Japan for Rs 882.67 crore.

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

Share:

Read More

Equity Research Lab :- Daily Commodity Update

Gold posted modest gains on Thursday amid a weaker dollar, on a thin day of trading in the final session before the Christmas holiday. On the Comex division of the New York Mercantile Exchange, gold for February delivery traded in a tight range between $1,069.30 and $1,076.40 an ounce, before settling at $1,076.10, up 8.00 or 0.75% on the session. Following several days of choppy, volatile trading last week marked by wild fluctuations in metal prices, gold has stabilized throughout the abbreviated week. The precious metal closed on Thursday only several percentage points below its level toward the end of last week after the Federal Reserve abandoned a seven-year zero interest rate policy by approving its first rate hike in nearly a decade. Gold likely gained support at $1,046.20, the low from December 3 and was met with resistance at $1,179.10, the high from Oct. 20. Global market set to cool down ahead of holiday season : The global markets are gradually decelerating ahead of the holiday period as lower volumes and a relatively light economic calendar have provided the opportunity for inconsistencies to spring up across the board. In addition the high levels of volatility seen in recent days could contribute towards the ongoing concerns around the aggressive oversupply of oil in the global markets, however with Christmas just two days away the markets may be set to rapidly cool down until the New Year, according to ForexTime.
An appreciating Dollar may act as a trigger which should encourage sellers to send prices down towards $1046 and potentially lower.

 Strategy:-

Gold will retrace further if prices start to trade above 25200 levels below which prices will test 25000/24920 levels in that case. The counter needs to sustain above 25200 to rebound towards 25400/25450 areas.Any major upside islikely only on a daily close above 25500. Until then 24740 to 25750 will be the broad trading range for the counter.

Silver had tested its major support around 33150 levels. A decisive breakdown below this support will push prices lower towards major support zones between 32600—32650 zones. Pullback rallies from current levels will see prices test resistance around 34500 levels. The uptrend will resume only once prices breakout above 34500 levels decisively.

If you want to more information regarding the commodity market update,commodity tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Share:

Read More

Equity Research Lab :- NIFTY SPOT: 7861.05

Nifty Future R1: 7896 R2: 7921 R3: 7955

Pivot: 7862 S1: 7837 S2: 7803 S3: 7778

Nifty spot close at 7861.05 on Thursday ,7810 is the support of nifty spot and 7900-7950 may be

the next level of nifty spot. Market will remain close on 25th December on account of Christmas.

Mechanical indicator stochastic and RSI also showing buying movement in nifty future

CHART INTERPRETATION :

NIFTY FUTURE:-

Nifty continued their dull trade throughout the day and closed on a flat note on Thursday

on account of absence of any major triggers. Sensex settled 11.59 points down at 25,838.71,

while Nifty 50 index closed 4.90 points down at 7,861.05.

INTRADAY STRATIGY:-

Buy Nifty above the range of 7870 for target of 7920-7970 stop loss: 7790.

Key Indices – Levels to watch out for the day INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2 SENSEX 26250 26040 25838.71 25590 25400 NIFTY 8000 7930 7861.05 7780 7720 NIFTYBANK 17220 17030 16811.00 16700 16540 NIFTYIT 11500 11350 11184.90 11090 10940

Aurobindo Pharma Ltd has received final approval from the US health regulator to manufacture and market Famotidine Tablets.

CORPORATE NEWS :-

Aurobindo Pharma Ltd has received final approval from the US health regulator to manufacture and market Famotidine Tablets used for acid reflux treatment.

Vivimed Labs said the Competition Commission has given its approval for a deal with Clariant Chemicals India to sell some of the products in its speciality chemicals division.

Biocon has introduced a novel therapy CIMIVIR-L for the treatment of Hepatitis C patients in India.

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

Share:

Read More

Equity Research LAb :- NIFTY SPOT: 7865.95

Nifty Future R1: 7888 R2: 7912 R3: 7945

Pivot: 7855 S1: 7831 S2: 7798 S3: 7774

Chart Interpretation :-

Nifty spot close below at 7850 on Wednesday ,7900-7950 may be the next level of nifty spot.

Mechanical indicator stochastic and RSI also showing buying movement in nifty future.

Index Outlook :-

NIFTY FUTURE:-

Nifty hit their highest level in nearly three weeks on Wednesday in the absence of foreign selling
pressure ahead of year-end holidays and following overnight gains on Wall Street. Market sentiment also got a boost from India’s current account deficit (CAD) data, which dropped to 1.6 per cent of GDP
in the July-September quarter from 2.2 per cent reported for the same period a year ago.Sensex closed 259.65 points up at 25 850.30, while Nifty 50 index settled 79.85 points up at 7,865.95.

INTRA AY STRATIGY:-

 Buy Nifty above the range of 7870 for target of 7920-7970 stop loss: 7790.

Corporate news :- Wipro has signed a definitive agreement to acquire Viteos Group for a purchase consideration of $130 million.

Natco Pharma said that along with its US partner, Allergan, the company has settled its pending litigation in the US with Celgene, regarding generic, Lenalidomide.

Kalpataru Power Transmission announced that it has secured new orders of approximately Rs 1395 crore.

If you want to more information regarding the Equity tips, stock tips call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Share:

Read More

Equity Research Lab :- NIFTY SPOT: 7786.10

Nifty Future R1: 7839 R2: 7893 R3: 7927

Pivot: 7804 S1: 7750 S2: 7716 S3: 7663

Chart Interpretation :-

Nifty spot close below at 7800 on Tuesday nifty spot may be consolidate between the level of 7720-7820.above the level of 7850 fresh buying may be seen in nifty .

Mechanical indicator stochastic and RSI also showing buying movement in nifty future.

Index Outlook :-

NIFTY FUTURE:-

 Nifty closed in red on Tuesday on the back of selling in front line blue chip counters. Sensex closed 145.25 points down at 25,590.65, while NSE Nifty settled 48.35 points down at 7,786.10.

INTRADAY STRATIGY:-

 Buy Nifty above the range of 7840 for target of 7880-7950 stop loss: 7750.

Corporate news :-

HDIL registered a development agreement with DK Realty (India) to sell the development rights in respect of the piece and parcel of land situated at Kurla, Mumbai.

Aurobindo Pharma Ltd has received final approval from the US Food and Drug Administration (USFDA) to manufacture and market Olopatadine hydrochloride ophthalmic solution.

Glenmark Pharmaceuticals has received the final nod from the US health regulator for a generic version of anti- bacterial drug Zyvox.

If you want to more information regarding the Nifty spot, Equity tips & many other call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php

Share:

Read More