Nifty-Outlook-Statements
Posted March 23, 2015 by somyagupta
The Sensex rose 86.95 points to 28348.03 and the Nifty climbed 24.60 points to 8595.50. About 513 shares have advanced, 186 shares declined, and 98 shares are unchanged on the BSE.
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The dollar slips across the board pulled lower by expectations US interest rates will rise more slowly than previously expected.
Nifty Future: The Nifty is likely to open flat to positive on the back of mixed global cues. It is likely to trade in the range of 8600-8670. Sell Nifty in the range of 8650-8655 for targets of 8620-8600 and stop loss at 8670.
Bank Nifty Future:The index remained under pressure below 19000 with further addition of shorts positions. The momentum is likely to take the index towards 18500-18300. Sell Bank Nifty in the range of 18900-18940 for targets of 8800-18600 and stop loss at 19020.
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| Issued By | somyagupta |
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| Country | India |
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| Tags | bank nifty tips , live nifty tips , nifty call , nifty future tips , nifty live , nifty options tips , nifty tips , options tips |
| Last Updated | March 23, 2015 |