1 / 6

Best inventory trading tips, Stock Market Tips Provider- Outlook of Nifty & Bank Nifty Today

The domestic stock market traded weak on Friday ahead of imposition of retaliatory duties on the US goods, as NSE Nifty ended with a loss of 90.75 points 0.76 per cent

starindia
Download Presentation

Best inventory trading tips, Stock Market Tips Provider- Outlook of Nifty & Bank Nifty Today

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. ; Daily Equity Report 18-06-2019 support@starindiaresearch.com8817002233 Outlook of Nifty & Bank Nifty Today Nifty Outlook:- The domestic stock market traded weak on Friday ahead of imposition of retaliatory duties on the US goods, as NSE Nifty ended with a loss of 90.75 points 0.76 per cent. We expect a soft start to the week on Monday. Though mild technical pullbacks cannot be ruled out, Nifty may face selling at higher levels. While negotiating soft pullbacks, the index has set a stage where it is likely to complete its throwback by testing supports that lie in the 11,740-11,760 zone. Nifty Future Support- Resistance 11800/11950 R1/R2 11700/11630 S1/S2 Daily Chart:

  2. ; Daily Newsletter Page 1 Bank Nifty Outlook:- Bank Nifty Future Support- Resistance NIFTY BANK Index closed the week on negative note losing –452.20 Points –1.46% Technically on the daily charts we see minor support on the downside for Nifty Bank Index lies at 30200 levels, whereas minor resistance on the upside is capped around 31250 levels. If Nifty Bank breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 29500. 30400/30200 R1/R2 30600/30765 S1/S2 Daily Chart: Top Gainers/Losers 262.85 164.85 783.00 Top Losers 482.20 Top Gainers YESBANK INFRATEL NTPC WIPRO TATASTEEL JSWSTEEL VEDL AXISBANK -3.91 -3.10 -2.77 -2.27 116.00 276.85 133.50 300.20 0.83 0.65 0.56 0.47

  3. Daily Newsletter ; Page 2 Stocks Corner: Lupin: Drug maker Lupin is recalling more than 18,000 bottles of an antibiotic drug used to treat bacterial infections from the US market. The drug is being recalled due to a “complaint received of metal piece identified in the product bottle prior to the reconstitution," USFDA said. Reliance Infrastructure: A day after auditors raised a long list of concerns on Reliance Infrastructure’s (RInfra) financial reporting, company officials called it an overhang in the auditing environment after the IL&FS fiasco. Jet Airways: As per news reports, the Income Tax (IT) Department has summoned Jet 1. Airways founder Naresh Goyal for questioning in relation with an alleged case of tax invasion. Moreover, resolution plan of the beleaguered airline is likey to be taken today. Bharti Airtel, Vodafone: According to a news report by The Economic Times, the Department of Telecommunications (DoT) has backed penalties of Rs 3,050 crore on Bharti Airtel and Vodafone Idea for allegedly denying Reliance Jio Infocomm adequate points of interconnection (PoIs) in 2016. Auto companies reported another subdued sales figures for May owing to high finance cost and liquidity constraints. Maruti Suzuki India said its overall sales including that to original equipment manufacturer (OEM) for May declined by 22 per cent to 134,641 units YoY while Tata Motors reported a drop of 26 per cent in its domestic sales at 40,155 units as against 54,290 units sold in May 2018. US stores and factories reported a pickup in activity last month, suggesting the economy is humming along without an urgent need for the Federal Reserve to cut interest rates. 2. 3. 4. 5. 6. Stocks in ban period IDBI, PCJEWELLER, RELCAPITAL, RELINFRA

  4. Daily Newsletter ; Page 4 Technical outlook of top 2 stocks DIVISLAB Stock had given breakout of its resistance and able to sustain above it which can be seen in above charts further strong is expected. INTRADAY 1565 1580 1600 1555 1550 1540 1525 Sideways to Positive R1 R2 R3 Stock Info VOLUME DAY HIGH DAY LOW MARKET LOT SIZE VWAP 316636 1562.40 1533.25 LEVEL S1 S2 S3 All over trends

  5. Daily Newsletter ; Page 5 MCDOWELL-N Stock had given breakouts of its resistance and sustain near around it buying may continue in stock. INTRADAY R1 R2 R3 555 562 573 548 542 535 527 Bullish Stock Info VOLUME DAY HIGH DAY LOW 320992 553.15 544.15 LEVEL S1 S2 S3 All over trends

  6. Daily Newsletter ; Page 6 DISCLAIMER Entering our site means that you have read, understood and agreed to everything that is written and implied in this disclaimer note. RESEARCH is published solely for informational purposes and must in no way be construed as investment advice for a specific individual. The information and views in this website & all the services we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Investment in equity shares, futures, options and commodities has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above. The information contained herein is from sources believed reliable. We do not represent that it is accurate, complete and it should not be relied upon as such. Any action taken by you on the basis of the information contained in this site is your responsibility only and we will not be liable in any manner for the consequences of such action taken by you. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Reports or any other information provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. By accessing our site or any of its associate/group sites, you have read, understood and agree to be legally bound by the terms of the following disclaimer and user agreement Star India Market Research and its owners/affiliates are not liable for damages caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in transmission or operations, computer virus, communications line failure, and unauthorized access to the personal accounts. Research House is not responsible for any technical failure or malfunction of the software or delays of any kind. We are also not responsible for non- receipt of registration details or e-mails. You understand and agree that no joint venture, partnership, employment or agency relationship exists between you and Research House as a result of this agreement or on account of use of our website. Price and availability of products and services offered on the site are subject to change without prior notice. We provide information about the availability of products or services to a certain extent but you should not rely on such information. Star India will not be liable for any lack of availability of products and services you may order through the site. www.starindiaresearch.com

More Related