Stock Future Tips | Nifty Future to Open at 8841 | TradeIndia Research

The Indian benchmark index Nifty traded in a narrow range of 48 points yesterday by making a high of 8820 and low 8772. From last seven trading sessions, Nifty remained in a small range of 100 points.

Stock Future Tips BUY HEXAWARE FUTURE

ABOVE 211.00

Target1-213.00

Target2-216.00

StopLoss-207.75.

The immediate major support of the index is at 8715 below which the next level would be 8537 and the immediate resistance is 8827. 

Bank Nifty also remained in a range of 156 points yesterday by making a high of 20314 and a low of 20158. The next major support of Bank nifty is at 20000 and resistance is at 20407. Profit booking has been observed in cash stocks as the benchmark index Small cap yesterday closed 30 points down from its previous day closing of 6564. The next major support of Small cap is at 6403. 

Nifty Future is opening at 8841 as per SGX Nifty at 8:30 am IST, 37 points above its previous close of 8804. 

Nifty Future to Open at 8510

Market to open above 8500 level taking strong global cue 

Indian Market Outlook: India’s benchmark index Nifty has given break out of its recent high of 8461 and closed above it. Yesterday Nifty opened at 8407, made a low of 8398 and made a high of 8481. Bank nifty also participated in the rally with the high of 19054 and closed at 19023.

Important results to watch out for today are Kotak Mahindra Bank, Wipro, Maruti Suzuki,Tata Elxsi and IDFC Bank. 

Intraday Calls on Stock Future Nifty Future is opening at 8510 as per SGX Nifty at 8:50 am IST, almost 30 points above its previous close of 8480. 

Stocks Bullish plays-HDFC Bank, TCS, Maruti Suzuki, NBCC

The market has kick-started January Futures and Options (F&O) series on a flat note. The Sensex is up 54.61 points or 0.2 percent at 26420.76 and the Nifty is up 16.05 points or 0.2 percent at 8119.65.

Stock Future Tips Cipla, ONGC, Maruti, Axis Bank and Asian Paints are top gainers while HDFC, Wipro, Bharti Airtel, Infosys and Reliance are losers in the Sensex. 

The Indian rupee gained in the early trade. It has opened higher by 15 paise at 67.95 per dollar versus 68.10 Thursday. 

Claris Lifesciences | Aurobindo Pharma | Jagran Prakashan | Sical Logistics and Bharat Financial Inclusion, are stocks which are in news today. 

Nifty (8104)          

Support: 8000

Resistance: 8228                    

Bank Nifty (18033)  

Support: 17800

Resistance: 18300

Stocks  Bullish plays       

Future Tips: HDFC Bank   : Break out

Target: Rs 1220

Stop loss: Rs 1190   

Maruti Suzuki   : Bounce back

Target: Rs 5470

Stop loss: Rs 5260

NBCC

Target: Rs 243

Stop loss: Rs 233

TCS  

Target: Rs 2385

Stop loss: Rs 2330

Share Market Tips- Nifty Opens Above 7900

Sensex is up 71.46 points or 0.3 percent at 25878.56, and

Nifty up 18.15 points or 0.2 percent at 7926.40.

Share Market Tips: Tata Steel, ITC, Cipla, Adani Ports and ONGC are gainers while Hero MotoCorp, Axis Bank, Wipro, M&M and Dr Reddy’s Labs are losers in the Sensex.

Godrej Industries | Shilpa Medicare | RCI Industries | Jindal Poly Films | Capital First | Empee Distilleries | Apollo Hospitals | Kaya | Bharti Airtel | Lupin | PVR and SREI Infra are stocks, which are in news today. 

Nifty traded in the range of 7900-7938 before closing at 7917.

Future Tips: Bank Nifty is also trading down below the gap level of previous month low of 17911 and closed yesterday at 17700 with a possible price target of 17346.

Nifty Future is opening at 7924 as per SGX Nifty at 8:30 am IST, 6 points above its previous close of 7918. 

Free Intraday Tips Profitable Research Trading Call for Today

SELL HINDALCO FUTURE

BELOW 149.00

TG1-147.85

TG2-146.10

SL-150.90.