Nifty Tips - PowerPoint PPT Presentation

www equityresearchlab com n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Nifty Tips PowerPoint Presentation
play fullscreen
1 / 9
Nifty Tips
138 Views
Download Presentation
jainpawan130
Download Presentation

Nifty Tips

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. GLOBAL BUSINESS SUCCESS www.equityresearchlab.com

  2. 4th April 2016 • Nifty Tips NIFTY SPOT: 7713.05 Nifty Future     R1: 7779    R2:7810    R3: 7848 Pivot: 7741      S1: 7711      S2:7673     S3:7642

  3. CHART INTERPRETATION • Nifty spot close at 7713.05 on Friday. 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.

  4. INDEX OUTLOOK    NIFTY FUTURE:- Nifty future closed at 7748.75 on Friday. Nifty ended the week with marginal losses and also dipped for the first time in the past five weeks. INTRADAY STRATIGY:- Buy Nifty above 7750 for the tgt of 7800-7850 with the sl of 7680.

  5. SECTORIAL INDICES   

  6. CORPORATE NEWS    • PPF interest rates have been reduced from 8.7% to 8.1%, while that on 5 year recurring deposit has been reduced to 7.4% from 8.4%. The interest rate on Kisan Vikas Patra has been slashed to 7.8% from 8.7%. Besides, the government also has slashed interest rates on 3-year time deposit to 7.4% from 8.4%; 5 year time deposit to 7.9% from 8.5% and on girl child scheme to 8.6% from 9.2%. • Telecom index gained 1.4% to 1265.10 points at the closing bell on Friday from its previous close of 1246.96 points. Telecom stocks are rallying for the second consecutive session. A relief to telcos, Supreme Court on March 17 asked Telecom Regulatory Authority of India (TRAI) to consider partial roll-back of call drop penalty. • Torrent Pharmaceuticals Ltd stock closed 4% higher at Rs. 1312. The company received environment inspection report from USFDA for plant located at Dahej SEZ in Gujarat state, according to reports. 3 out of 5 manufacturing plants of the company now have an FDA approval, The scrip opened at Rs. 1271 and touched a high and low of Rs. 1319 and Rs. 1263.7 respectively.

  7. Nifty Tips Equity TIPS Forex Tips Free Trial Commodity Tips MCX Tips Stock Cash Tips

  8. GLOBAL BUSINESS SUCCESS Thank You