Nifty Buy Tips For Monday (10 April 2017) – Expert Prediction

The equity benchmark indices on Friday extended losses and ended lower as global markets dipped after the United States launched cruise missiles against an airbase in Syria, while back home expectations of no further rate cuts this year by Reserve Bank of India (RBI) also impacted the sentiment. Risk appetite took a hit after geopolitical tensions pulled global equities down. Soaring oil prices and continuing strength in Indian currency, Rupee also distorted the usual sectoral diversification themes. The BSE Sensex ended at 29,706, down by 221 points, while the broader Nifty50 settled at 9,198, down by 64 points.

Nifty Buy Tips For Monday (10 April 2017) – Expert Prediction

BUY EDELWEISS ABOVE 186 TARGET 187.80, 189.60, 191.40 STOPLOSS 182.40
BUY ADANITRANS ABOVE 83 TARGETS 83.80, 84.60, 85.40 STOPLOSS 81.40
BUY TOKYOPLAST ABOVE 141 TARGETS 141.40, 143.80, 145.20 STOPLOSS 138.20
SELL PRESTIGE BELOW 215 TARGETS 213, 211, 209 STOPLOSS 219

TREND: BULLISH TO CONSOLIDATE
RESISTANCE: 9250, 9280
SUPPORT: 9180, 9130
STRATEGY: BUY ON DIPS

Expert Nifty Tips

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