NIFTY SPOT : R1:9133 R2:9147 R3:9171
PIVOT : 9109 S1:9095 S2:9071 S3:9056
 |
| stock future tips |
The major support for the nifty index is placed at 8980 & 8970 region as it is supported by following studies: The high of previous two weeks consolidation is at 8980,Rising 20-day EMA, which has acted as intermediate support in the entire up move since December 2016 lows, is placed at 8941. As per the change of polarity, yearly high of 2016 is at 8968 is likely to reverse its role and act as support, going forward. Among oscillators, the shortterm stochastic is rebounding after approaching close to the oversold threshold and supports continuance of pullback efforts in the coming sessions.
INDEX OUTLOOK
Nifty Future: The Nifty is likely to open flat to positive on the back of mixed global cues. Its important to sustain above 9130 to move upwards. Buy Nifty near 9100 for targets of 9130-9160, stop loss: 9070
Nifty Bank Future: Bank Nifty opened positive and traded consilidated for whole day. Bank nifty needs to sustain above 20100 for further up move. Major support for market is placed near 20750, below which lower levels of 20500 can be seen. Buy Nifty Bank near 21200, targets: 21350, stop loss: 20050
Nifty Future: The Nifty is likely to open flat to positive on the back of mixed global cues. Its important to sustain above 9130 to move upwards. Buy Nifty near 9100 for targets of 9130-9160, stop loss: 9070
Nifty Bank Future: Bank Nifty opened positive and traded consilidated for whole day. Bank nifty needs to sustain above 20100 for further up move. Major support for market is placed near 20750, below which lower levels of 20500 can be seen. Buy Nifty Bank near 21200, targets: 21350, stop loss: 20050
SECTORIAL INDICES
CORPORATE NEWS
- Larsen and Toubro’s construction arm secured a key design-and-build order worth Rs. 2,903cr to re-develop Mumbai’s century-old BDD chawls at Worli, for Maharashtra Housing and Area Development Authority (MHADA).
- Dishman Pharma closed up 20% after the company received the United States Food and Drug Administration (US FDA) approval for its cancer drug ‘Zejula Capsules’ for Tesaro Inc.
- Share price of Technofab Engineering ended higher by 4.4% on news that the company has bagged three orders from Power Grid Corporation for Rs 255cr, in the state of Tripura. It has also received one order from the Ministry of Agriculture and Animal Resources, Kigali for construction contract related to establishment of Centre of Excellence in Farm Mechanisation for $12.3mn. The order has a timeline of one year for completion.
If you want to more information regarding the Stock cash tips, Stock tips,Stock futures tips, Stock futures services, Equity tips call @ 8109999233 or fill form http://equityresearchlab.com/Freetrial.php
0 comments:
Post a Comment