Tuesday 30 May 2017

|stock futures tips|Equity Research Lab :- Nifty Report 30 May 2017

http://equityresearchlab.com/
STOCK FUTURES TIPS:-
      
NIFTY SPOT :        R1:9630                         R2:9675                           R3:9699
PIVOT : 9596          S1:9552                         S2:9520                           S3:9400



stock future tips
stock future tips
 
   INDEX OUTLOOK      

Nifty is likely to open in a negative note up to 30 points. Momentum indicators are indicating towards a weak trading session today. Positional traders are advised to keep their long hold with a stop loss of 9650.While intraday traders are advised to short nifty around 9600 with a stop loss of 9630 for the target of 9550.

Strategy: Short Nifty around 9600-9610 with a stop loss of 9650 for the target of 9540.

  
   SECTORIAL INDICES   


    CORPORATE NEWS       

Results today: Mahindra & Mahindra, Hindalco Industries, REC, United Spirits, Berger Paints, SAIL, Vakrangee, Apollo Hospital
  • Lyka Labs announces outlicensing deal with US based Generics company 
  • Network 18 Media & Investments in focus: ICRA upgraded rating to AAA to long-term borrowings of Rs 500 crore 
  • Astrazeneca Pharma received import and market permission in Form 45 (marketing authorisation) from the Drug Controller General of India for Osimertinib tablet 40 mg and 80 mg 
  • Syndicate Bank approved to raise equity capital up to Rs 3,500 crore 
  • Veto Switchgear inaugurated its manufacturing plant (100 percent export unit) at light engineering zone, Mahindra SEZ, Jaipur 
  • Vikas Ecotech approves scheme for demerger of the recycled compounds and trading division 
  • Bhushan Steel, Videocon, Jaiprakash Associates, JSPL, Alok Industries in focus: Government turns focus on 50 top stressed loan accounts 
  • Mindtree to add 1400 employees in Bhubaneshwar 
  • TeamLease to buy 30 percent stake in Freshworld

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