NIFTY FUTURE :

STOCK FUTURE TIPS

  NIFTY FUTURE :

Indian stock markets closed in the green on Friday, led by surge in shares of public sector banks . The Sensex closed up 43.36 points or 0.17% while the Nifty gained 16.85 point0.21%.Bosch, Tata Motors, Adani Ports, Vedanta and  Punjab National

Bank gained between 1.55 % and 3.03 %. On the other hand, GAIL, HCL Tech, NTPC, Tata Steel and ZEEL slid between 0.95 % and 1.70 %. Shares of aviation companies like Jet Airways  SpiceJet and Interglobe Aviation flied higher and hit their fresh 52-week highs on back of cut in Aviation Turbine Fuel (ATF) prices. Stocks related to Oil & gas and power counters remained inaction after Qatar nearly halved the price of gas it sells under a 25-year contract and waived payment liability of Rs 12,000 crore arising from India’s refusal to import the commit number of shipments in 2015.Eicher Motors and  Maruti Suzuki rose nearly 3% and 0.45 % after releasing December sales figures .IDBI Bank gained 1.18 % after the lender got government approval for raising Rs 3,771 crore ($569.6 million) in capital. 

Technical views:-

Nifty future closed at 7982.00 on friday above this level nifty future may be touché the new level of 8010- 8080.

Pivot point :

Bank Nifty Future         R1: 17220    R2: 17343    R3:17541
                       
Pivot:17021                  S1: 16898    S2: 16699    S3: 16576

BANK NIFTY FUTURE:           

BANK NIFTY DAILY CHART   

Bank Nifty closed at 17096.80 on Friday with the rose of                       
point 170.20 (1.01%) and started moving higher in the first half                   
Of the session. Bank nifty shown consolidated movement in mid                   
and at the closing time bank nifty showing up sided movement                .   
PNB BANK (1.64%) and    BANK OF BARODA (1.53%) is the top                   
gainer in bank nifty future.                       
Technical views:                                   
Bank nifty closed at 17096.80 on Friday above this level                       
Bank nifty may be touché the new level of 17220 -17350.                       
Pivot level:                                   
                                       
                                   
Bank Nifty Future  R1: 17220    R2: 17343   R3:17541           
                                       
Pivot: 17021       S1: 16898    S2: 16699   S3: 16576           

USD/ INR:

The Indian rupee opened marginally lower at 66.18 per dollar on Friday against previous close of 66.15.

USD is expected to challenge 66.20 levels considering global holidays. Rupee will take cues from Indian equity market today."The range for the day to remain within 66 to 66.30 with rupee positive bias.

USDINR STRATEGY    S1 66.10    S2 66.05
Pivot Point    R1 66.23    R2 66.31

EUROPEAN MARKET:

 Name        Change       % Chg               
                                           
FTSE 100    -31.73       -0.51               
                                                                                   
CAC 40          -40.08     -0.86               
                                                                   
DAX             -117.13       -1.09               

                                                                                       
European markets finished mixed to lower as of the most recent closing prices. Shares in Germany fell as the DAX dropped 1.09%. The FTSE 100 lost 0.51% while the CAC 40 in France closed unchanged.

ASIAN MARKET:

Name        Change        % Chg

Nikkei 225      51.48        0.27

Straits Times   -2.78        -0.10

Hang Seng       32.25        0.15

Taiwan Weighted 58.07     0.70

Asian markets finished mixed as of the most recent closing prices.The Nikkei 225 gained 0.27% and the Hang Seng rose 0.15%. The Shanghai Composite lost 0.95%.