Weekly Equity Update, Free Stock for Next Week – 27th March

Key benchmark indices edged lower as investors pocketed some cash on profit booking after the recent surge helped Nifty hit record closing high on the last session of previous week. Key indices fell in three out of five sessions of the week. Indices staged some recovery towards the closing sessions of the week after witnessing drubbing during the initial few sessions. The barometer index, the S&P BSE Sensex, fell 227.59 points or 0.76% at 29,421.40. The Nifty 50 index shed 52.05 points or 0.56% at 9,108. The market may remain volatile as traders roll over positions in the futures & options (F&O) segment from the near month March 2017 series to April 2017 series. The near month March 2017 derivatives contract expire on Thursday, 30 March 2017.

Nifty Market Trend for Upcoming Week

stock tips

TREND: CONSOLIDATE TO BULLISH
RESISTANCE: 9178, 9238
SUPPORT: 9051, 8984
APPROACH: BUY ON DIPS

Weekly Equity Update, Free Stock for Next Week – 27th March

BUY RECLTD FUTURE ABOVE 172.5 TARGETS 173.15, 173.8, 174.45 STOPLOSS 171.2
SELL HEXAWARE FUTURE BELOW 218 TARGETS 216.7 , 215.4 , 214.1 STOPLOSS 220.6
BUY PNB FUTURE ABOVE 144 TARGETS 144.6, 145.2, 145.8 STOPLOSS 142.8
SELL IDEA FUTURE BELOW 90 TARGETS 89.4, 88.8, 88.2 STOPLOSS 91.2