Equity Research Lab 27 May Nifty Report

8
http://equityresearchlab.com View, analysis & research Call +91 83!!989"#

Transcript of Equity Research Lab 27 May Nifty Report

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Call +9183!!989"#

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$th %ay $!1#

i'ty (ips

)*( -(: 8!#9.#

i'ty *uture 1: 81! $:813

3: 8$31-i2ot: 8!$9 1: 98"

$:9! 3:8#!

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C4( )(5-5(4()

  i'ty spot close at 8!#9.# on (hurs6ay . 4t hi7hersi6e, important le2el 98!8!!!. 4s lon7 as i'ty

'uture mana7es to sustain abo2e this le2el onintra6ay 6eclines, the tren6 will be stron7 an6 ni'ty'uture will try touch 'urther hi7her le2els 'rom thisle2el. 4t lower si6e, support near 8!. *urtherweaness is ni'ty 'uture is possible only i' i'ty

'uture 'alls an6 stays below the important supporto' 8!8!!. 4t lower si6e ni'ty support le2el maybe in the ran7e o' !#!.

  %echanical in6icator stochastic ) also showin7consoli6ate6 tren6.

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)5; <(=>

  )*( *<(<5: i'ty close6 at 8!#$.#on (hurs6ay . ?ulls ha2e taen completecontrol o2er maret on (hurs6ay, the

e@piry 6ay 'or %ay i'ty 6eri2ati2econtracts. Value buyin7 in in'ra AmaBorly=&( an6 bans helpe6 the ense@ Athatrallie6 more than !! points intra6ay

an6 i'ty en6 at 'resh $!1# closin7 hi7h.  )(44 (4()D: ?uy i'ty 'uture

abo2e 81!! 'or the t7t o' 81!8$!! sl8!3!.

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5C()4= ))C5

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