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Equity tips

Equity Research Lab is an ISO 9001-2011 Certified And SEBI Registered one of the leading Stock Advisory Company, which Provides Stock Tips, Mcx Tips, Commodity Tips, Equity Tips, Forex trading on Mobile with High Accuracy.

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Equity tips

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  1. EquityResearchLab empowering global research

  2. 3rd March 2016 Nifty Tips NIFTY SPOT: 7368.85      Nifty Future    R1: 7386   R2: 7412    R3: 7454       Pivot: 7344      S1: 7319    S2:7277      S3:7252

  3. CHART INTERPRETATION   • Nifty spot close at 7368.85 on Wednesday . Nifty made a bottom and showing reversal trend after declaration of 2016 budget which market took positive. Nifty spot may show the level of 7500 Soon. • Mechanical indicator stochastic RSI also showing bearish trend.

  4. INDEX OUTLOOK    • NIFTY FUTURE:- Nifty future closed at 7361.55 on Wednesday. The Indian equity market witnessed a fantastic follow up rally on Wednesday as Sensex and Nifty registered its biggest two day gain. The Nifty re-conquered the 7350 for the first time since February 8, 2016 while, Sensex continued its post-Budget rally for the second straight day and surged over 2% .Once again the interest rate sensitives like the banking and the auto stocks led the rally on hopes that the Reserve Bank of India is likely to announce reduction of interest rate. • INTRADAY STRATIGY:- Buy Nifty above 7400 for the tgt of 7450-7500 with the sl of 7330.

  5. SECTORIAL INDICES  

  6. CORPORATE NEWS • SML Isuzu sales rose 2.95% to 1,010 vehicles in February 2016 over February 2015. • HCL Technologies won a 5-year next–generation IT outsourcing services contract from Husqvarna AB. • Mahindra & Mahindra dropped after company's management in a post-budget conference call said that the expiry of excise duty exemption on products manufactured from its Haridwar plant will affect Q4 margins.

  7. Thank you

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