28 September 2016

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 29 SEP 2016

TO GET FREE OPTION,FUTURE,NIFTY TIPS FILL UP THE FORM GIVEN TO UR RIGHT SIDE>>>>>>>>
The Sensex and Nifty ended marginally higher due to short-covering by participants ahead of September month F&O expiry tomorrow. Short-covering of positions speculators buying stocks that have been sold short to steer clear of losses in view of tomorrow’s September monthly derivatives contract expiry buoyed the sentiment. The Sensex ended with a gain of 69 points at 28293. The Sensex opened at 28199 touched an intra-day high of 28379 and low of 28193. The Nifty closed with a gain of 39 points at 8745. The Nifty opened at 8711 hitting a high of 8767 and low of 8703.
Investors are anxiously awaiting the monetary policy review on October 4, the first to be held under RBI Governor Urjit Patel and the first to be decided by a six-member panel.
Buy on dips the contract can then extend its rally and test resistances at 8790 and 8825 levels in the near term. On the downside, a decisive fall below key support at 8700 is needed to alter the bullish momentum and drag the contract down to 8680 and then to 8650 levels.
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Supports: 8700 and 8650
Resistances: 8790 and 8850

2 comments:

  1. How to Get free nifty calls from you...I mean is there any procedure???

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    Replies
    1. Sir to get calls please fill up the form given to ur right side. or call on 08982086510

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