Monday, May 28, 2018

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 29 MAY 2018

QUARTERLY RESULT ON 29 MAY 2018
Mahindra & Mahindra Ltd
Glenmark Pharmaceuticals Ltd
Bharat Heavy Electricals Ltd
Bharat Petroleum Corporation Ltd
Coal India Ltd
Dish TV India Ltd
The May F&O expiry week has started on positive note especially when the participants are in fix over next directional move. The Sensex rose 240 points to 35165 while the Nifty failed to hold 10700 levels, gaining 83 points at 10688. A widening of positions by retail investors amid continued buying by domestic institutional investors (DIIs) kept the bullish sentiment intact.

It's indeed a positive start of the F&O expiry week especially when the participants are in fix over next directional move. The 10750 and 10800 levels may act as immediate resistance levels for Nifty, while supports may come in at 10600 and 10550 levels. 
More about intraday tips on Google +

Resistance: 10750, 10800, 10850

Support: 10600, 10550, 10500

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