Stock Cash tips :-
NIFTY FUTURE : R1:8008 R2:8049 R3:8080
PIVOT :7978 S1: 7937 S2:7906 S3:7866
NIFTY BANK OUTLOOK :-
USDINR : R1: 68.83 R2:68.96 R3: 69.09
PIVOT :68.70 S1: 68.57 S2:68.44 S3: 68.31
NIFTY FUTURE : R1:8008 R2:8049 R3:8080
PIVOT :7978 S1: 7937 S2:7906 S3:7866
Nifty Future update :- This was the biggest loss in a series for both the Sensex and Nifty since August 2013. Finally, the BSE Sensex ended with a loss of 192 points at 25,860. Nifty closed with a loss of 68 points at 7,965. Nifty open at 8,012 hitting a high of 8,025 and low of 7,953. At day end, the sector gainers were Metal, Information Technology, Telecommunications and Telecom while losers were Banking, Auto, Healthcare, Oil & Gas and Consumer Durable on BSE.The India VIX index was down 4.87 % at 17.1600. Out of 1884 stocks traded on the NSE, 727 declined and 859 advanced today.The Indian rupee was trading marginally down at 68.73 per US dollar. Earlier in the day, the rupee had cras hed to a nearly 39-month low of 68.84 amid sustained foreign fund outflows and the greenback's surge in overseas markets.On the global front, Japanese market Nikkei 225 was up 0.93%, Shanghai Composite was marginally up and Hang Seng down over 0.30%. While, European market FTSE 100 was marginally down, DAX was up 0.19% and the CAC 40 was trading up 0.23%.Nifty open down on Thurs day and shown choppy movement over the full trading hour’s.nifty trade near the level of 8000 today.above the level of 8550 bull trend will be seen in nifty future. Down side targets for nifty would be 7900-8000. next support level of nifty would be 750.
NIFTY BANK OUTLOOK :-
Bank nifty open down today and showing consolidation movement over the full market hour’s.Bank nifty on technical chart break the support of 19000, below that level next level for bank nifty would be 18200-18000. Above the level of 19300 upside movement can be seen. KOTAK BANK (-3.14%) andAXIS BANK (-2.56%) is the top losers of the day. Bank nifty Open down at 18460.0,to its previous closing 18530.80 on Thursday and touched high of 18466.80.bank nifty break the support of 19000,and made a low of 18263.95. if bank nifty not sustain at that level ,next level of bank nifty would be 18000-18200.On the other hand above 19300 ,new level for Bank nifty would be 19600-19800.
USDINR :- The Indian rupee opened at fresh 9-month low at 68.74 per dollar on Thursday. It has slipped 18 paise versus previous close 68.56. The rupee is near to its record closing low of 68.85 per dollar, which it has tested on August 28, 2013. December US Fed rate hike is now certain. While rupee has weakened sharply against dollar, it has in fact strengthened against currencies like euro and yen. The dollar surged to a more than 13-year peak, bolstered by upbeat US economic data that showed the economy on track for steady growth and reinforced expectations of interest rate increases by the Federal Reserve next month and in 2017.
PIVOT :68.70 S1: 68.57 S2:68.44 S3: 68.31
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