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  • Daily Market Coverage 8th Dec 2017

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    Riya Shrivastav
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    Nifty is likely to open with a positive note. Momentum indicators like RSI, Stochastic and MACD are showing a positive crossover. Bulls are likely to take the ride in their hands for today’s trading session. Intraday traders are advised to adopt buy on dips strategy .Positional traders are advised to create fresh long if nifty comes around 10100-10125 with a stop loss of 10050.

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    Nifty is likely to open with a positive note. Momentum indicators like RSI, Stochastic and MACD are showing a positive crossover. Bulls are likely to take the ride in their hands for today’s trading session. Intraday traders are advised to adopt buy on dips strategy .Positional traders are advised to create fresh long if nifty comes around 10100-10125 with a stop loss of 10050.

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    © All Rights Reserved
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    13 views1 page

    Daily Market Coverage 8th Dec 2017

    Uploaded by

    Riya Shrivastav
    Nifty is likely to open with a positive note. Momentum indicators like RSI, Stochastic and MACD are showing a positive crossover. Bulls are likely to take the ride in their hands for today’s trading session. Intraday traders are advised to adopt buy on dips strategy .Positional traders are advised to create fresh long if nifty comes around 10100-10125 with a stop loss of 10050.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Equity Research Lab

    Empowering global research

    Date: 8th Dec, 2017

    NIFTY OUTLOOK BANKNIFTY OUTLOOK

    Nifty is likely to open with a positive note. Bank nifty is likely to open in a positive
    Momentum indicators like RSI, Stochastic note .Momentum indicators are indicating
    and MACD are showing a positive towards bulls rally ahead. Intraday traders
    crossover. Bulls are likely to take the ride in are advised to adopt buy on dips strategy.
    their hands for todays trading session. Positional traders are advised to trail their
    Intraday traders are advised to adopt buy stop loss for longs at 24950 and wait for
    on dips strategy .Positional traders are the target of 25480.
    advised to create fresh long if nifty comes
    around 10100-10125 with a stop loss of
    10050.

    Strategy Of The Day :

    Symbol LTP % Change Volume


    GAIL 495.15 8.57 1,21,80,617
    Top
    BHARTIARTL 517 6.94 62,63,169
    Gainer TECHM 496.5 5.13 74,75,829
    UPL 720 4.97 35,22,782
    s
    ASIANPAINT 1143 3.5 9,86,078

    Symbol LTP % Change Volume


    COALINDIA 263.25 -0.7 19,32,289
    TCS 2617.95 -0.58 6,63,150 Top
    WIPRO 280.9 -0.57 25,24,500 Losers
    CIPLA 594 -0.41 7,52,359
    DRREDDY 2196.05 -0.19 2,34,439

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