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Nifty Tips

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.

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Nifty Tips

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  1. http://www.equityresearchlab.com

  2. 6th April 2016 Nifty Tips NIFTY SPOT: 7738.40 Nifty Future       R1: 7718     R2:7813      R3: 7868  Pivot: 7664        S1: 7569      S2:7514      S3:7419

  3. CHART INTERPRETATION • Nifty spot close at 7603.20 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.

  4. INDEX OUTLOOK • NIFTY FUTURE:- Nifty future closed at 7623.50 on Tuesday. Equity benchmarks crashed 2 percent today due to slump in global peers and post RBI monetary policy. • INTRADAY STRATIGY:- Buy Nifty above 7760 for the tgt of 7800-7850 with the sl of 7690.

  5. SECTORIAL INDICES

  6. CORPORATE NEWS • The RBI announced reduction in repo rate by 25 basis points (bps) to 6.5% from 6.75% after a scheduled monetary policy review. The central bank raised the reverse repo rate by 25 basis points to 6% and cut the marginal standing facility (MSF) rate by 75 basis points to 7%. • The central bank reduced the minimum daily maintenance of the cash reserve ratio (CRR) to 90% from 95% with effect from the fortnight beginning 16 April 2016 even as it kept the CRR unchanged at 4% of net demand and time liabilities (NDTL). • RBI expects inflation based on the consumer price index (CPI) to decelerate modestly and remain around 5% during 2016-17 with small inter-quarter variations.

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

  8. Thank You http://www.equityresearchlab.com

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