NEWS INSIGHT
- US shares rally; dollar rises in May Day trading
- LIC loses 5% new premium market share to rivals
- Coal India registers 10.7% growth in production
- Sugar output rises 14.27% to 27.37 mn tonnes in Oct-Apr
- Hero MotoCorp sales decline 7% in April
- Petrol price hiked by Rs 3.96/ ltr; diesel Rs 2.37/ ltr
- Fund raising via NCDs down 77% in FY15
- Sebi to soon issue final norms for listing of startups
- Positional Support for NIFTY 8020
- Positional Resistance of NIFTY is 8460
- Immediate resistance for NIFTY is 8340
- Intraday Support of NIFTY is 8140
- Oscillator Analysis: Nifty has achieved its target of Double top in full and now some correction in market should be expected. This is also a good opportunity for new investors’ to enter in market. Buy on dips strategy should be followed.
- Petroleum stock can be considered for positional buying.
No comments:
Post a Comment