Nifty Report Outlook 09 june 2017 -stock cash tips|equity research lab|

STOCK FUTURES TIPS:-
      
NIFTY SPOT :    R1:9693                            R2:9715                              R3:9735
PIVOT : 9676     S1:9648                             S2:9630                              S3:9603

stock future tips

 

   INDEX OUTLOOK      

Nifty is likely to open in a marginally negative note. Momentum indicators like RSI are indicating towards bear’s rule coming ahead. Positional traders are advised to go for buy on dips strategy as a correction is expected. For longs, it is advised to keep their trailing stop loss at 9600 while for contra positions 9715 is still a good stop loss. Intraday traders are advised to adopt sell on rise strategy. Nifty should be short around 9665 with a stop loss of 9710 for the target of 9600.

Strategy: Short Nifty around 9665 with a stop loss of 9700 for the target of 9600
  

   SECTORIAL INDICES   

    CORPORATE NEWS       

• IndusInd Bank raises a USD 225 million loan from OPIC for its MSME lending program 
• Dilip Buildcon in focus: CARE upgrades credit rating for bank facilities from A
•  to A+ for long term facilities &  from A2+ to A1 for short term facilities -
• Aarvee Denim says manufacturing unit situated at Ranipur village, Narol, Ahmedabad has been closed w.e.f. June 6, 2017 due to closer notice issued by Gujarat Pollution Control Board (GPCB) for safety & health issues 
• Hester Biosciences board Approves investment of USD 3 million in wholly owned African subsidiary 
• Repco Home Finance proposes to raise Rs 100 crore by issuing non
• convertible debentures (NCDs) -Greenply Industries in focus: Greenply Gabon SA, Gabon, West Africa commences commercial production of 'Veneer', at its manufacturing unit at Nkok SEZ, Gabon, West Africa 
• TTK Prestige to buyback 1 lakh shares at Rs 7000 per share 
• Bodhtree Consulting partners with Infosys to provide GST solutions, revenue potential of Rs 200 crore 
• Vikas WSP allots 5.7 crore shares to the promoter on a preferential basis 
• National Company Law Tribunal approves scheme of amalgamation between Zee Media Corporation; and Diligent Media, Mediavest India, Pri-Media Services and Maurya TV 
• Sunteck Realty board approves split of equity shares -Infosys founders looking to sell stake in the company: ToI 
• Reliance Capital likely to list general insurance business: ET 
• Wipro flags Donald Trump as potential threat in US Securities filing: ET 
• Maruti Suzuki plans to spend Rs 1,000 crore in land acquisition this year: ET 
• SBI cancels unused letter of credit for stressed telecom companies: ET 
• Cairn moves internationatl panel for injuction against I-T Department: PTI 
• Hero Motocorp phases out select models, variants: ET 
• SREI Infrastructure and Russian firm to create USD 200 million innovation fund: ET 
• GVK, Lanco face Australian coal mine hurdles; Adani plans to develop a new mine: BS 
• MTNL mulls monetising its real estate assets 
• ONGC to start drilling at Cluster 2 of Krishna Godavari block in November: FE 
• Videocon lenders to accompany government delegation to resolve issues with Petrobras: FE
• ICICI Bank backed debt fund to raise Rs 3,000 crore: FE 
• Piramal Enterprises hires three investment banks for Rs 5,000 crore QIP: Mint 
• Merger of HDFC Standard Life Insurance and Max Life fails to get IRDA approval: Mint
• HDFC Bank defers charges on UPI use: ToI
• Cipla arm Saba Investment enters into agreement to sell its entire 99 percent stake in Yemen Based
• Al Jabal -SBI raises Rs 15,000 crore via QIP at Rs 287.25 per share; closes QIP, to issue 52.2 crore shares
• Electrosteel Steels says no communication from lenders on further development of SDR/Non-SDR process

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