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Nifty tips

Equity Research lab is world class advisory firm which provides best Nifty tips & Nifty Stocks by analysis the up to date market position and give the revenue in your trade.

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Nifty tips

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  1. Equity Research Lab empowering global research www.equityresearchlab.com

  2. 15th March 2016. Nifty Tips NIFTY SPOT:7538.75 Nifty Future     R1: 7584     R2:7622     R3:7650    Pivot: 7556       S1: 7518     S2:7490    S3:7452

  3.  CHART INTERPRETATION • Nifty spot close at 7538.75 on Monday. Nifty spot reached the level of 7500 and showing consolidation at that point. Above the 7700 Fresh buying may be add in nifty. • Mechanical indicator stochastic RSI also showing positive trend.

  4. INDEX OUTLOOK • NIFTY FUTURE: Nifty future closed at 7545.85 on Monday. Equity benchmarks closed off day's high amid volatility on first day of the week, tracking positive global cues. FMCG, oil, metals and select banks stocks helped the market while HDFC group stocks limited upside. • INTRADAY STRATIGY: Buy Nifty above 7550 for the tgt of 7590-7630 with the sl of 7480 .

  5. CORPORATE NEWS Lupin • US FDA inspected Goa facility last week. • US FDA cited 9 observations in Goa inspection last week. • US FDA observations on aspects such as inadequacy & adherence to standard operating procedures (SOP) -In the midst of putting together response to USFDA. SpiceJet • Company says all parties have agreed to jointly approach BSE, SEBI. • Necessary board resolutions will be passed in Maran, KAL Airways matter. • Warrants could not be issued due to non-receipt of regulatory approvals.

  6. Thank you

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