NEWS INSIGHT
Wall Street drifts, S&P 500 ticks up to record
Petrol price hiked by Rs 3.13 a litre, diesel Rs 2.71/L
Former employee sues Wipro in US on wage issues
India, China sign 24 key agreements
Rupee sees smart recovery, firms up against US dollar
ABG slumps 3%; firm has defaultd on restructured loan
MCX rallies 6% as Q4 net profit rises 13% to Rs 49 cr
NBFCs can cut forward deals in corporate bonds: RBI
NIFTY ANALYSIS
Positional Support for NIFTY 8086
Positional Resistance of NIFTY is 8430
Immediate resistance for NIFTY is 355
Intraday Support of NIFTY is 8160
Oscillator Analysis: Market is recovering from the psychological
level of 8000. Fall in stock is also less in comparison to index and
positivity shown by market on Friday can be considered as trend
reversal.
Buy on dips strategy can be followed with proper strop loss.
Wall Street drifts, S&P 500 ticks up to record
Petrol price hiked by Rs 3.13 a litre, diesel Rs 2.71/L Former employee sues Wipro in US on wage issues
India, China sign 24 key agreements
Rupee sees smart recovery, firms up against US dollar
ABG slumps 3%; firm has defaultd on restructured loan
MCX rallies 6% as Q4 net profit rises 13% to Rs 49 cr
NBFCs can cut forward deals in corporate bonds: RBI
NIFTY ANALYSIS
Positional Support for NIFTY 8086
Positional Resistance of NIFTY is 8430
Immediate resistance for NIFTY is 355
Intraday Support of NIFTY is 8160
Oscillator Analysis: Market is recovering from the psychological
level of 8000. Fall in stock is also less in comparison to index and
positivity shown by market on Friday can be considered as trend
reversal.
Buy on dips strategy can be followed with proper strop loss.
