Monday, 26 January 2015

Weekly Equity Tips of 27/01/2015

NEWS INSIGHT
  • Sensex cheers ECB stimulus, up 273 pts; Nifty closes above 8800
  • UltraTech Cement Q3 profit seen up 4% to Rs 385 cr: Poll
  • Govt likely to sell 5% shares in PFC next week: Source
  • Direct tax collections up 13% in 9 months of FY'15
NIFTY ANALYSIS
  • Positional Support for NIFTY 8700
  • Positional Resistance of NIFTY is 8870
  • Immediate resistance for NIFTY is 8845
  • Intraday Support of NIFTY is 8795
  • Nifty has closed a spinning Top on its daily chart. Any trade below 8775 with volumes will lead to downward rally till 8720 which is the next support level.

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