Best Nifty Trading Tips for Tomorrow (8th September : Friday)

The markets ended flat amid mixed global cues tracking Asian markets after US President Donald Trump and congressional leaders agreed to raise the government debt limit until December, eliminating the risk of a government shutdown for now. Trump forged a surprising deal with Democrats in Congress on Wednesday to extend the US debt limit and provide government funding until December 15, embracing his political adversaries and blindsiding fellow Republicans in a rare bipartisan accord. Blue-chips have been consolidating in the last one month in line with the havoc in global market and outflows in FII money. The underline is that market is hoping for a strong pick-up in earnings growth by H2FY18, which is the fillip to go beyond current level. The S&P BSE Sensex ended ar 31,662, up 1 point while Nifty 50 index was ruling at 9,929, up 13 points.

Best Nifty Trading Tips for Tomorrow (8th September : Friday)

equity tips
CALL : BUY FCONSUMER ABOVE 65.5 TARGETS 66.4 , 67.3 , 68.2 STOPLOSS 63.7
CALL : BUY FEL ABOVE 58 TARGETS 58.75 , 59.5 , 60.25 STOPLOSS 56.5
CALL : BUY SHANKARA ABOVE 1484 TARGETS 1504 , 1524 , 1544 STOPLOSS 1444

NIFTY POINT OF VIEW
TREND: BEARISH TO CONSOLIDATE
RESISTANCE: 9960, 10010
SUPPORT: 9910, 9860
STRATEGY: SELL ON HIGH

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