NIFTY SPOT: 8140.75 EQUITY RESEARCH LAB

Nifty tips :-

Nifty Future R1: 8206    R2:8254     R3: 8315

Pivot: 8145  S1: 8097    S2:8036     S3:7988

CHART INTERPRETATION :-

Nifty spot close at 8140.75 on  Thursday . At higher side, important level 8200-8250. As long as Nifty future manages to sustain above this level on intraday declines, the trend will be strong and nifty future will try touch further higher levels from this level.

At lower side, support near 8000. Further weakness is nifty future is possible only if Nifty future falls and stays below the important support of 8060-7950.

At lower side nifty support level may be in the range of 7800-7700.

Mechanical indicator stochastic RSI  also showing consolidated trend.

Nifty tips

INDEX OUTLOOK :-

NIFTY FUTURE:-

Nifty closed at 8158.75 on Thursday. After taking a breather in the previous session, the bears were back on the dalal street. The indices extended decline to hit fresh intraday low in mid-morning trade.Weakness were seen in Asian stocks after the Bank of Japan and the US Federal Reserve deciding to keep interest  rates on hold weighed on domestic bourses. On the economy front, India’s merchandise exports fell 0.79% at $22.17 billion in May 2016 over May 2015. Non-petroleum exports rose 1.01% at $20.19 billion in May 2016 over May 2015. Imports fell 13.16% at $28.44 billion in May 2016 over May 2015.

INTRADAY STRATIGY:-

Buy Nifty future above 8150 for the tgt of 8200-8250 sl 8070.

CORPORATE NEWS :-

Bank of Japan kept its policy rates unchanged and refrained from any further stimulus measure citing uncertainties in emerging economies and commodity exporting countries, impact of US monetary policy on global financial markets, Europe’s debt problem as well as geopolitical risks.

India’s trade deficit in May widened to $6.27 bn as exports shrank 0.79% to $22.17 bn and imports declined 13.16% to $28.44 bn on YoY basis.

3I Infotech Limited shares jumped 18% to Rs. 5.30 after the company said corporate debt restructuring panel approved debt restructuring scheme. The lenders approved converting 40% debt into equity shares.

For further information just go through website http://equityresearchlab.com/Freetrial.php

NIFTY SPOT: 8206.60 Equity Research Lab

Nifty tips :-

Nifty Future R1: 8267    R2:8313    R3: 8394

Pivot: 8186 S1: 8140 S2:8058    S3:8012

CHART INTERPRETATION :-

Nifty spot close at 8206.60 on  Wednesday . At higher side, important level 8200-8250. As long as Nifty future manages to sustain above this level on intraday declines, the trend will be strong and nifty future will try touch further higher levels from this level.

At lower side, support near 8000. Further weakness is nifty future is possible only if Nifty future falls and stays below the important support of 8060-7950.

At lower side nifty support level may be in the range of 7800-7700.

Mechanical indicator stochastic RSI  also showing consolidated trend.

Nifty tips

INDEX OUTLOOK :-

NIFTY FUTURE :-  

Nifty closed at 8221.35 on Wednesday. After falling for four consecutive trading sessions, the Indian equity markets finally made a strong comeback amid positive vibes coming from the Asian and European markets. The market rallied after Union Cabinet approved new civil aviation policy and merger of 5 associates with SBI.

The buying was so fierce that not a single sectoral index on the BSE ended with losses; power, capital goods, banking, oil and gas, utilities, industrial and FMCG stocks ended with the top gainers. Even the mid-cap and the small-cap stocks participated in today’s rally. Going ahead, all eyes would be on the verdict of the two-day FOMC meet and the BOJ meet later today.

INTRADAY STRATIGY:-

Buy Nifty future above 8230 for the tgt of 8280-8320 sl 8150.

CORPORATE NEWS :-

•    The union cabinet approved the merger of State Bank of India (SBI) with its associate banks. Shares of State Bank of Mysore and State Bank of Bikaner Jaipur rose by 20%. State Bank of Travancore rose by 19.99%, whereas SBI shares surged by 3.6%.

•    Airline Stocks – Interglobe Aviation, Spicejet & Jet Airways showed an uptick after the union cabinet approved the long awaited Civil Aviation Policy.

•    Shares of Sintex industries went up by 5.86% after the National Stock Exchange (NSE) decided to include the stock in the Futures and Options segment.

For further information http://equityresearchlab.com/Freetrial.php

NIFTY SPOT: 8273.05 Equity Research Lab

Nifty tips ::-

Nifty Future  R1: 8301    R2:8318    R3: 8338

Pivot: 8281   S1: 8264    S2:8244    S3:8227

CHART INTERPRETATION :-

Nifty spot close at 8273.05 on Wednesday . At higher side, important level 8300-8500. As long as Nifty future manages to sustain above this level on intraday declines, the trend will be strong and nifty future will try touch further higher levels from this level. At lower side, support near 8000. Further weakness is nifty future is possible only if Nifty future falls and stays below the important support of 8000-7950. At lower side nifty support level may be in the range of 7800-7700.

Mechanical indicator stochastic RSI  also showing consolidated trend.

Nifty tips Equity Research Lab.png

INDEX OUTLOOK :-

NIFTY FUTURE :-

Nifty closed at 8284.20 on Wednesday . After opening on a flat note, indices were stuck in a narrow trading range throughout the day clocking in minuscule gains. The power, capital goods, industrials and utilities stocks were among the major gainers. On the other hand, IT and healthcare stocks were under pressure. The India VIX (Volatility) index was up 1.83% at 15.1420.

INTRADAY STRATIGY :-

Buy Nifty future above 8300 for the tgt of 8350-8400 sl 8230.

CORPORATE NEWS :-

The Indian Rupee closed higher on Wednesday on increased selling of the US currency by exporters and banks amid higher foreign fund inflows. However, weak dollar against other currencies overseas also boosted the rupee sentiment. The rupee rallied for the fifth consecutive session and hit a four-week high against the US dollar.

Bharat Forge surged 2.2% to Rs.765 on BSE. The company announced that its joint venture with GE, Alstom Bharat Forge Power has signed a contract worth $219 million approximately (Rs.1495 crore) with NTPC.

Rajesh Exports dropped 1.4% to Rs.495. The company has announced that it has bagged Rs. 653 crores worth export order.

For further information of Nifty spot & share market tips like Equity tips,stock cash tips,Nifty tips many more fill form http://equityresearchlab.com/Freetrial.php

NIFTY SPOT: 8201.05 EQUITY RESEARCH LAB

Nifty tips :-

Nifty Future R1: 8255 R2:8281 R3: 8306

Pivot: 8230 S1: 8204 S2:8179 S3:8154

CHART INTERPRETATION :-

Nifty spot close at 8201.05 on Monday. At higher side, important level 8250-8500. As long as Nifty future manages to sustain above this level on intraday declines, the trend will be strong and nifty future will try touch further higher levels from this level. At lower side, support near 8000. Further weakness is nifty future is possible only if Nifty future falls and stays below the important support of 8000-7950.

At lower side nifty support level may be in the range of 7800-7700.  Mechanical indicator stochastic RSI also showing consolidated trend.

Nifty tips Equity Research Lab.png

INDEX OUTLOOK :-

NIFTY FUTURE :-

Nifty closed at 8229.80 on Monday . After opening on flat note, indices were stuck in a narrow trading range throughout the day.

Investors maintained cautious approach ahead of Reserve Bank of India’s (RBI) monetary policy review due on Tuesday.

Benchmarks slipped lower towards the fag end led by selling pressure in the telecom, consumer durables, teck, oil and gas, pharma and IT stocks.

On the other hand, realty, capital goods, utilities and basic materials stocks ended with gains.

INTRADAY STRATIGY :-

Buy Nifty future above 8250 for the tgt of 8300-8350 sl 8170.

CORPORATE NEWS :-

India jumped 13 positions to 2nd on ease of doing business. The rankings are according to the GRDI (Global Retail Development Index), which ranks top 30 developing countries for retail investments worldwide.

Japanese conglomerate Sumitomo buys 45% stake in Mumbai based Pesticides and Agro-Chemical Company, Excel Crop Care. A bid of further 30% stake is also launched by Sumitomo, in order to complete the takeover.

Shares of Steel Strips rallied by 5.35% after their promoter increased their stake in the company through the open market purchase. The stake of the promoters increased to 59.83% from 59.66% previously.

For further information of Nifty daily outlook & share market tips like Equity tips,stock cash tips, Nifty tips,Commodity tips go through website or fill form http://equityresearchlab.com/Freetrial.php

NIFTY SPOT: 8156.65 EQUITY RESEARCH LAB

Nifty tips :-

Nifty Future R1: 8207 R2:8241 R3: 8301

Pivot: 8147 S1: 8112 S2:8052 S3: 8017

CHART INTERPRETATION :-

Nifty spot close at 8156.65 on Friday . At higher side, important level 7980-8000. As long as Nifty future manages to sustain above this level on intraday declines, the trend will be strong and nifty future will try touch further higher levels from this level. At lower side, support near 7850. Further weakness is nifty future is possible only if Nifty future falls and stays below the important support of 7850-7800. At lower side nifty support level may be in the range of 7750-7650.

Mechanical indicator stochastic RSI also showing consolidated trend.

INDEX OUTLOOK :-

NIFTY FUTURE:- Nifty closed at 8172.45 on Friday . Global markets had one of their best weeks in recent months as most indices ended firmly in the positive zone. New US single-family home sales surged to a more than eightyear high in April and prices hit a record high, offering further evidence of a pick-up in economic growth. Closer home, the Sensex notched smart gains of around 5 per cent for the week on strong buying in infrastructure, banks and other select stocks. L&T came out with stellar set of numbers which beat expectations. SBI results were also better. Signs of good monsoons and expectations of corporate profit growth rebounding in the coming quarters propelled markets to higher levels.

Stock cash tips

INTRADAY STRATIGY:-

Buy Nifty future above 8200 for the tgt of 8250-8300 sl 8130.

CORPORATE NEWS :-

Lupin gets clean EIR (Establishment Inspection Report) from US FDA for its Mandideep facility which means that the facility can operate freely. Earlier US FDA raised some observations on Lupin’s Mandideep facility which is significant contributor to its total revenue.

Foreign Direct Investment in India surged 16.5% to $2.46 billion in March against $2.11 billion in a year ago period. For the entire financial year 2015-16, FDI stood at $40 billion compared to $30.93 in FY15 as per DIPP (Department of Industrial Policy and Promotion).

SBI reported a 66.32% drop in net profit for Q4. The net profit stood at Rs. 1,260 crores compared to Rs. 3,742 cr in the same quarter last year. Gross NPAs increased by 140 basis points sequentially to 6.5% and Net NPA’s increased by 92 basis points to 3.81%. Whereas, the net interest income (NII) went up by 3.9% in the fourth quarter.

For further queries regarding Nifty spot & share market tips like Equity tips,Nifty tips,commodity tips fill form http://equityresearchlab.com/Freetrial.php

NIFTY SPOT: 8069.65 EQUITY RESEARCH LAB

Stock cash tips :-

Nifty Future R1: 8107 R2:8153 R3: 8231

Pivot: 8029 S1: 7984 S2:7905 S3:7860

CHART INTERPRETATION :-

Nifty spot close at 8069.65 on Thursday . At higher side, important level 7980-8000. As long as Nifty future manages to sustain above this level on intraday declines, the trend will be strong and nifty future will try touch further higher levels from this level.

At lower side, support near 7850. Further weakness is nifty future is possible only if Nifty future falls and stays below the important support of 7850-7800. At lower side nifty support level may be in the range of 7750-7650.

Mechanical indicator stochastic RSI also showing consolidated trend.

stock cash tips.png

INDEX OUTLOOK :-

NIFTY FUTURE  :-

Nifty closed at 8062.65 on Thursday . Bulls have taken complete control over market on Thursday, the expiry day for May Nifty derivative contracts. Value buying in infra (majorly L&T) and banks helped the Sensex (that rallied more than 500 points intraday) and Nifty end at fresh 2016 closing high.

INTRADAY STRATIGY :-

Buy Nifty future above 8100 for the tgt of 8150-8200 sl 8030.

Disclaimer :-

The information and views in this report, our website & all the service 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 Stocks has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up 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 based upon it & takes no responsibility whatsoever for any financial profit s or loss which may arise from the recommendations above. The stock price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Equity Research Lab does not purport to be an invitation or an offer to buy or sell any financial instrument. Analyst or any person related to Equity Research Lab might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for. Any surfing and reading of the information is the acceptance of this disclaimer.

If you want to more information regarding the Nifty spot & many more share market tips like Equity tips,stock cash tips,Commodity tips or many more go through website http://equityresearchlab.com/Freetrial.php

 

NIFTY SPOT: 7934.90 EQUITY RESEARCH LAB

Nifty tips :-

Nifty Future R1: 7994 R2:8045 R3: 8141

Pivot: 7898 S1: 7847 S2:7751 S3:7699

CHART INTERPRETATION :-

Nifty spot close at 7934.90 on Wednesday . At higher side, important level 7980-8000. As long as Nifty future manages to sustain above this level on intraday declines, the trend will be strong and nifty future will try touch further higher levels from this level.

At lower side, support near 7700. Further weakness is nifty future is possible only if Nifty future falls and stays below the important support of 7700-7670. At lower side nifty support level may be in the range of 7750-7650.

Mechanical indicator stochastic RSI also showing consolidated trend.

Nifty tips.png

INDEX OUTLOOK :-

NIFTY FUTURE :-

Nifty closed at 7759.30 on Wednesday . The Indian indices shot up on Wednesday tracking a strong rally in equity markets across the globe. Sentiment got a boost after US home sales data supported the consensus view that the economy may be strong enough for the Federal Reserve to raise interest rates in the coming months. Besides, hopes of above normal rains in the upcoming monsoon season kept the sentiment high too. Market experts believe the 7980 hurdle for the Nifty could soon be broken and a rally leading all the way to around 8250-level cannot be ruled out.

INTRADAY STRATIGY :-

Buy Nifty future above 7950 for the tgt of 8000-7850 sl 7870.

CORPORATE NEWS :-

Bajaj Auto’s profit jumped 29.2% to Rs. 803 cr due to better operational performance and good volume growth. Total income surged 14.2% at Rs. 5411 cr against Rs. 4739 cr in a year ago period.

Ashok Leyland reported 66.5% fall in Net profit at Rs. 77 cr due to an exceptional loss of Rs. 379 cr made on provisioning on investments in joint ventures and overseas subsidiaries. Revenue increased 32% to Rs. 5955 cr compared to Rs. 4505.7 cr in the same quarter last year.

After a gap of 4 years, the government has offered to auction 46 discovered oil and gas fields through internal bidding. The bidding for discovered small fields will open on July 15 and the last date would be October 31.

If you want to more information regarding Nifty spot & many other share market tips like Equity tips,stock cash tips fill form http://equityresearchlab.com/Freetrial.php