1 / 9

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.

EquityLab
Download Presentation

Equity Tips

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. EQUITY RESEARCH LAB: DERIVATIVE REPORT 25thFEB PUBLISHED BY:- EQUITY RESEARCH LAB http://www.equityresearchlab.com

  2. NIFTY FUTURE • NSE Nifty fell for the third straight day after the Rail Budget 2016 failed to boost market sentiments on Thursday. According to market experts, cutting down on bets by cautious participants in view of expiry of February derivatives contracts also kept sentiment weak. Sensex ended below 23000-mark, down 112.93 points to 22976 and the 50-share Nifty closed below 7000 level, down 48.10 points to 6970.60 on correction in banks, infra and IT stocks. The broader markets also caught in bear grip with the BSE Midcap and Smallcap indices falling 1.1 percent and 0.9 % respectively. • Technical views: • Nifty future closed at 6968.50 on Thursday. Nifty break the level of 7000 , At that level one short Fall may be seen in nifty future, Nifty future may be taste new level of 6800-6700.

  3. NIFTY DAILY CHART

  4. BANK NIFTY FUTURE • Bank Nifty slid 236 point (1.71%) and closed at 13567.90 on Thursday . bank nifty shown downtrend in the full trading session. YES BANK (-2.92%) and SBI BANK (-2.88%) and is the top losers in bank nifty future. • Technical views: • Bank nifty shown technically recovery trend in daily time frame . But bullish trend in bank nifty will be seen above the level of 15700-15800. bank nifty may be shown new level of 13500-13400

  5. BANK NIFTY daily chart

  6. USD/INR: • The Indian rupee opened higher by 9 paise at 68.47 per dollar on Thursday versus 68.56 Wednesday. Oil prices seem to be stabilising in the USD 30-40/bbl range which could calm the volatile currency markets. The next big trigger for currency markets in India will be the Union Budget. With RBI presence in the market, the USD-INR pair is expected to trade today in a range of 68.35-68.65/dollar. • USDINR STRATEGY R1 68.72 R2 68.88 • Pivot Point 68.59 S1 68.43 S2 68.30

  7. EUROPEAN MARKET: European markets finished higher on thursday with shares in Germany leading the region. The DAX is up 1.75% while France's CAC 40 is up 2.19% and London's FTSE 100 is rise by 2.42%.

  8. ASIAN MARKET: Asian markets finished mixed as of the most recent closing prices. The Nikkei 225 gained 1.41%, while the Shanghai Composite led the Hang Seng lower. They fell 6.41% and 1.65% respectively.

  9. Thank You • http://www.equityresearchlab.com

More Related