Sunday 15 February 2015

16/02/2015-WEEKLY-MARKET-ANALYSIS-TIPS-ON-EQUITY

NIFTY ANALYSIS
 Positional Support for NIFTY 8590
 Positional Resistance of NIFTY is 8990
 Immediate resistance for NIFTY is 8840
 Intraday Support of NIFTY is 8730
Oscillator Analysis Nifty has formed two very strong candles on daily chart. Immediate resistance is at 8840. Closing above that on daily basis will result in a rally till 8950. Recent downward rally can be considered as an opportunity for investors’ to enter in the market.

NEWS INSIGHT
 Wall St ahead: At new high, US stocks may extend breakout
 Sun Pharma founder to invest $290 m in turbine maker Suzlon
 SBI Q3 profit rises 30%, provisions up 26%, asset quality improves
 Ramlila Maidan set to host Kejriwal's second swearing-in
 Eicher Motors net profit up 60% at Rs 154 cr for Oct-Dec qtr
 January trade deficit narrows; imports down 11.4%
 M&M Q3 net up 5.7% to Rs 967 cr, operating profit down 25%
 Foreign direct investment by Indian cos falls 72% in Jan


No comments:

Post a Comment

Twitter Bird