Tuesday, October 16, 2018

NIFTY LEVELS & FREE NIFTY FUTURE TIPS FOR 17 OCT 2018

TO GET OPTION CALL PUT TIPS WHATSAPP UR NAME & SEGMENT ON 9039542248 
NIFTY TODAY
Bulls run continued in Tuesday’s trade. The Sensex closed 297 points up at 35162. The nifty future has crossed the hurdle of 10555 & made a high of 10599 & finally closed at 10587 up by 69 points. Investors shifted their focus to September quarter earnings season from global trade and geopolitical tensions. Also, recovery in global equities also helped lift market sentiment. 
INFOSYS Q2 EARNINGS
Country's second largest software services company Infosys has reported 13.8 percent sequential growth in second quarter consolidated profit at Rs 4,110 crore. Consolidated revenue grew by 7.7 percent to Rs 20,609 crore compared to Rs 19,128 crore in previous quarter.
NIFTY TOMORROW
Levels around the 10625-10655 zone may now provide tough resistance to the index, while the 10500 level is likely to act as a strong support. The index has broadly negated the formation of lower highs and lower lows of last six weeks and closed above multiple hurdles in the 10475 -10555 zone. The index needs to hold above 10575 to witness an upward move towards the 10655 mark. Downside support has shifted higher to 10525 level from 10450.
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Resistance: 10625, 10675
Support: 10525, 10475

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