INDEX OUTLOOK
Nifty is likely to open in a flat note. Momentum indicator like RSI is visiting a minor divergence formation in 15-min timeframe intraday chart. Nifty after hitting a fresh high of 9532 is ready to serve more to bulls in upcoming trading sessions. For positional traders, it is advised them to adopt buy on dips strategy targeting on 9550 mark with a trailing stop loss of 9440.For contra positions, it is advised to use strict stop loss of 9560.For intraday traders, it is advised to go for long positions around 9500 with a stop loss of 9440 for the target of 9555.
Strategy: Buy nifty around 9500 with a stop loss of 9440 for the target of 9555.
Nifty is likely to open in a flat note. Momentum indicator like RSI is visiting a minor divergence formation in 15-min timeframe intraday chart. Nifty after hitting a fresh high of 9532 is ready to serve more to bulls in upcoming trading sessions. For positional traders, it is advised them to adopt buy on dips strategy targeting on 9550 mark with a trailing stop loss of 9440.For contra positions, it is advised to use strict stop loss of 9560.For intraday traders, it is advised to go for long positions around 9500 with a stop loss of 9440 for the target of 9555.
Strategy: Buy nifty around 9500 with a stop loss of 9440 for the target of 9555.
SECTORIAL INDICES
CORPORATE NEWS
- IRB Infra has successfully completed concession period of Thane Bhiwandi Bypass Project on May 13, 2017
- Lupin launches Cialis for treatment erectile dysfunction
- Umang Dairies resumes operations in Gajraula
- Future Enterprise to issue NCD's worth Rs 25 crore
- Ganesh Ecosphere has decided to market its products i.e., Recycled Polyester Staple Fibre and Spun Yarn, under the brand name of 'Rivivere
- Capital First to raise Rs 150 crore via NCD's
- Cox & Kings Transfers operating lease in its Cologne City hotel
- Golden Tobacco Central Excise imposes penalty of Rs 29 crore
- IDBI Bank Revision in ratings by Ind-Ra
- BHEL Care assigns AA+ to long and short term non fund based bank facilities
- VIP Clothing CRISIL rating has changed from negative to rating watch with positive implication
- Abbott withdraws 3 sets of coronary balloon catheters
- JSW Steel seeks iron ore linkage for orrissa plant
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