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Nifty Tips

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Nifty Tips

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  1. 13th April 2016 Nifty Tips NIFTY SPOT: 7708.95 Nifty Future R1: 7752 R2:7771 R3: 7804 Pivot: 7718 S1: 7699 S2:7666 S3:7646

  2. CHART INTERPRETATION • Nifty spot close at 7708.95 on Tuesday. nifty spot trade between the range of 7550-7700 above that level, nifty may be touch the new level of 7800-7950. Next major resistance for nifty may be 7950. • Mechanical indicator stochastic RSI also showing positive trend.

  3. INDEX OUTLOOK • NIFTY FUTURE: Nifty future closed at 7732.80 on Tuesday. Positive momentum in the market continued for second consecutive session on Tuesday with the Nifty ending above 7700 level for the first time since April 4. The upside could be on the back of good monsoon expectations and ahead of industrial output data. Rebound in Europe after weak opening also aided sentiment. • INTRADAY STRATIGY: Buy Nifty above 7710 for the tgt of 7760-7810 with the sl of 7630.

  4. SECTORIAL INDICES

  5. CORPORATE NEWS • TTK Prestige, through its wholly-owned subsidiary TTK British Holdings, has acquired Silampos UK, through this transaction, TTK Prestige has also acquired the entire equity and business of HorwoodHomewares, a subsidiary of Silampos, and a table and cookware supplier in the UK. • BPCL's board of directors approved the proposal for increasing the ceiling of investment by foreign institutional investors in the company by up to 49% from 24% in one or more tranches.

  6. Equity Tips • Commodity Tips • Stock Cash Tips • Nifty Tips • Forex Tips • Equity Premium Cash Tips Free Trial

  7. www.equityresearchlab.com Thank You

  8. Slide Title Product A Product B Feature 1 Feature 2 Feature 3 • Feature 1 • Feature 2 • Feature 3

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