Free Intraday Tips for Tomorrow (Thursday) : 22nd September

Markets erased intra-day gains to end flat after investors turned cautious ahead of the US Federal Reserve’s decision on interest rate later today. The US Federal Reserve (Fed) would raise fed funds rate in its meeting tomorrow as the underlying economic data continues to indicate a mixed picture. There are fears that a rate increase by the Fed could lead to large outflows from emerging markets, any such correction induced by external factors should be used as an opportunity to buy Indian equities with a medium-term perspective. The S&P BSE Sensex ended down 16 points at 28,507 and the Nifty50 settled 1 point higher at 8,777. In the broader markets, BSE Midcap and Small cap indices ended flat with mixed bias.

Today’s Top NSE Gainers : Bharti Infratel, Eicher Motors, Hindalco, Tata Steel, HUL, Yes Bank, Axis Bank, Bharti Airtel, Idea Cellular and Tata Power
Today’s Top NSE Losers : Power Grid Corp, Bank of Baroda, SBI, ITC, Ambhuja Cements, BHEL, ONGC, ICICI Bank, UltraTech Cement and Kotak Mahindra

Nifty Trend for Tomorrow

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RESISTANCE: 8830, 8880
SUPPORT: 8750, 8700

Free Intraday Tips for Tomorrow (Thursday) : 22nd September

BUY ARIES ABOVE 122 TARGET 123.20, 124.40, 125.60 STOPLOSS 119.60
BUY BPL ABOVE 74.40 TARGET 75.10, 75.80, 76.50 STOPLOSS 73
SELL ABFRL BELOW 137.60 TARGET 136.30, 135, 133.70 STOPLOSS 140.20

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