Nifty is the commonly traded derivative in stock market. The changes in an Nifty Index are a regular phenomenon. Nifty Tips is especially designed keeping in view the traders Interest, Demand and Capital. Our expertise stems from a combination of inherent market insight and a study of global macro-economic factors that impact the domestic financial markets.
CURRENCIES S1 S2 S3 R1 R2 R3 USDINR 58.6900 58.4800 58.2000 59.1500 59.3000 59.5000 EURINR 78.5000 78.2400 77.9700 78.8500 79.0000 79.2000 GBPINR 91.6000 91.4000 91.0800 92.0000 92.2000 92.4000 JPYINR 61.4800 61.3000 61.1000 61.8500 62.1300 62.3500 USDINR had again gained momentum after a short correction phase and still looks to continue this positivity and may break [...]
Markets opened near their support levels and dragged towards support levels on account of weak IIP & CPI Inflation data. Nifty future consolidated for the whole session and closed around 61.8% retracement of 5770. If it holds below this crucial level then it will find support in the range of 5740-5700 and chances of reversal [...]
Markets opened near their support levels and within no time showed free fall below major support levels and remained on lower levels for the whole session. Nifty future after surpassing its 50% retracement of 5850 dragged towards the next immediate support of 5790 and closed below 200 day SMA. This bearishness may continue if it [...]
Markets closed on a flat note hovering around the same consolidation zone of last week and weakened rupee also negated the market sentiments. Nifty future is finding strong support around 50% retracement of 5860. If it holds below this level then next major support is seen near 5770 in the coming sessions. While 38.2% retracement [...]
Markets ended the week on bearish note as concerns over the weakness in rupee weighed on sentiment and witnessed a volatile session peaking at noon and retreating in towards the end. Nifty future is consolidating in the zone of 5870-5970 since last few sessions and a proper breakout is expected in the coming sessions. However, [...]