Post on 10-Jun-2015
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An exclusive report by Sharetipsinfo.com
Nifty Trading Trendfor 28 May,2014
Market Outlook on 28th May 2014
Results to Watch
Apollo Hospitals BEML Havells Hero Moto HPCL IGL SAIL
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FII & DIIs Activity
FIIs sold Rs 212 cr in cash while DIIs were net seller to the tune of Rs 96 cr.
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Stock Market on 28th May 2014
SDAQ up 0.1.22%, Dow Jones up 0.42% and S&P 500 up 0.60%.European market closed in positive territory, FTSE up 0.43%, DAX up 0.49% and CAC up 0.10%.
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Stock Market on 28th May 2014
Asian stocks rose, with the regional index heading for the fourth increase in five days.
SGX Nifty trading 3 points down, at 7:30 AM (IST). Indian market to see range bound trading session.
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Technical
Nifty is expected to show a minor bounce back. We expect a broad range bound trading activity panning out for today and tomorrow.
Most critical levels for the day: 7325 – 7290 on the downside.
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Strong Nifty Support and Resistance
Strong resistance: 7360 – 7410 Strong support: 7130- 7050
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Fundamental Pick/ Technical Call
Fundamental Pick of the Day:Buy Kolte Patil Target Rs 170
Technical Call of the Day:Gitanjali Gems Target Rs 89, SL 81
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