Equity Tips by investment visor

Headline of the day:-

Nifty breaches 7250, Sensex weak; banks drag, Tata Motors falls:

Tata Motors, ICICI Bank, Dr Reddy's Labs, Lupin and ONGC are major losers while Infosys, Hindalco, HDFC Bank, HUL and Maruti are top gainers.

Nifty can fall at opening bell: Maximus Securities:

Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could loose 65 points at the opening bell, says Maximus Securities.

Nifty nears 7200, Sensex continues to fall; Infosys, Reliance up:

Hindalco, Tata Motors, Adani Ports, Dr Reddy's Labs and ICICI Bank are top losers while Infosys, Reliance, Sun Pharma and HUL are gainers in the Sensex. 

If both 'moving average study' and 'slow stochastic study' gives buy signal at the same time, buy nifty. If both gives sell signal at the same time, sell nifty. Place 25-30 points target and 25-30 points stop loss.           

Nifty Future Pivot 7293
Nifty Future Support 1 7265	Nifty Future Resistance 1 7318
Nifty Future Support 2 7238	Nifty Future Resistance 2 7344

                                                            Equity Tips

Maximus Securities’ Daily Report: 

F&O Outlook: 

Nifty PCR-OI has increased to 0.93 from 0.90. Rise in the ratio may be due to increase in PE of 7100 and decrease in CE of 7800. PE of 7200 and CE of 7500 are the highest number of contracts traded. 

Opening for the Day: 

Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could loose 65 points at the opening bell. 

Disclaimer: Equity Tips and Stock Cash Tips  expressed by investment visor on investmentvisor.com are their own, and not that of the website or its management.