Equity Weekly Report; Nifty rose 1%, Stock Future Tips Tomorrow

Money Maker Research, Financial Services, daily equity report, equity tips, Intraday trading tips, free stock trading tips, market closing report, stock market prediction, Day trading tips, Live Nifty Chart Equity Market registered modest gains on positive global cues. The Nifty breached the psychologically 10,000-mark for the first time. Both the Indices Sensex, and the Nifty, made record high levels. About of volatility was witnessed as traders rolled over positions in the futures & options (F&O) segment from July 2017 series to August 2017 series. The July 2017 derivatives contract expired on Thursday, 27 July 2017.
The Sensex rose 280.99 points or 0.88% to settle at 32,309.88 in the week ended 28 July 2017. The Nifty 50 index advanced 99.25 points or 1% to settle at 10,014.50. The major domestic event next week is RBI’s monetary policy meeting scheduled at 14:30 IST on Wednesday, 2 August 2017. The S&P 500  slipped on Friday on negative reactions to earnings reports from high-profile names such as Amazon, Exxon and Starbucks and a drop in shares of tobacco companies.The Dow Jones Industrial Average rose 33.76 points, or 0.15 percent, to 21,830.31, the S&P 500 lost 3.32 points, or 0.13 percent, to 2,472.1 and the Nasdaq Composite dropped 7.51 points, or 0.12 percent, to 6,374.68.

On Technical Front: – On Nifty weekly chart strong resistance is seen at 10150. If it breaks with high volume, more bullishness is expected.
Nifty Directional: –Buy Nifty Future above 1050 Target 10100, 10150 SL- 1020

Money Maker Research, Financial Services, daily equity report, equity tips, Intraday trading tips, free stock trading tips, market closing report, stock market prediction, Day trading tips, Live Nifty Chart

Stock Tips Tomorrow (31/07/2017)

BUY MRPL FUTURE ABOVE 121 TARGETS 121.6, 122.2, 122.8 STOPLOSS 119.8
BUY BHEL FUTURE ABOVE 145 TARGETS 145.5, 146, 146.5 STOPLOSS 144
BUY YES BANK FUTURE ABOVE 1860 TARGETS 1868, 1876, 1884 STOPLOSS 1844
SELL VOLTAS FUTURE BELOW 504 TARGETS 502.8, 501.6, 500.4 STOPLOSS 506.4

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