STOCK FUTURES TIPS:-
NIFTY SPOT : R1:9550 R2:9565 R3:9609
PIVOT : 9521 S1:9506 S2:9477 S3:9433
NIFTY SPOT : R1:9550 R2:9565 R3:9609
PIVOT : 9521 S1:9506 S2:9477 S3:9433
stock future tips |
INDEX OUTLOOK
Nifty is likely to open in a negative note. Momentum indicator like RSI is visiting a minor divergence formation in 15-min timeframe intraday chart. Nifty after hitting a fresh high of 9537 is ready to serve more to bulls in upcoming trading sessions but a correction can be seen. 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 short positions around 9500 with a stop loss of 9525 for the target of 9450.
Nifty is likely to open in a negative note. Momentum indicator like RSI is visiting a minor divergence formation in 15-min timeframe intraday chart. Nifty after hitting a fresh high of 9537 is ready to serve more to bulls in upcoming trading sessions but a correction can be seen. 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 short positions around 9500 with a stop loss of 9525 for the target of 9450.
Strategy: short nifty around 9500 with a stop loss of 9525 for the target of 9450.
SECTORIAL INDICES
CORPORATE NEWS
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Reliance Infrastructure’s subsidiary files Section 9 petition in the Delhi High Court for urgent payment of Arbitration Award
Capital First to raise Rs 50 crore by issue of NCD
Time Techno launches full range of structured wall plastic piping system Jumbo Bag commences commercial production at new manufacturing unit
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