90 likes | 218 Views
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.
E N D
EquityResearchLab Empowering global research www.equityresearchlab.com
28th March 2016 Nifty Tips NIFTY SPOT: 7716.50 Nifty Future R1: 7762 R2:7788 R3: 7830 Pivot: 7720 S1: 7694 S2:7652 S3:7625
CHART INTERPRETATION • Nifty spot close at 7716.50 on Wednesday. nifty spot touch the new level of 7700 . Next major resistance for nifty may be 7950. • Mechanical indicator stochastic RSI also showing positive trend.
INDEX OUTLOOK • NIFTY FUTURE:- Nifty future closed at 7726.25 on Tuesday. The Indian equity market ended with modest gains on Tuesday amid a day of wild swings. The Nifty was seen gyrating over 80 points while Sensex swung 300 points between its intra-day highs and low . Today’s recovery was led by the realty, power, capital goods, auto and utilities stocks. Even the Mid-Cap and Small-Caps also participated in the late recovery. • INTRADAY STRATIGY:- Buy Nifty above 7720 for the tgt of 7770-7830 with the sl of 7640.
CORPORATE NEWS • Mahindra Truck and Bus Division outlined plans to double its market share in the heavy commercial vehicle (HCV) business within two years. • Torrent Pharma is seeking enabling approvals from its shareholders to raise Rs. 10,500 crore through issue of shares and other securities to fund its growth activity. • Mangalore Refinery and Petrochemicals Ltd will shut a crude oil unit that can process 180,000 barrels of oil per day (bpd) for a about a week from April 1 for maintenance.
Equity Tips • Commodity Tips • Stock Cash Tips • Nifty Tips • Forex Tips • Equity Premium Cash Tips Free Trial
Thank you www.equityresearchlab.com