Equity Tips | Nifty Future to opening at 8811

Nifty Future is opening at 8811 as per SGX Nifty at 8:50 am IST, 54 points above its previous close of 8757. Equity Tips BUY IRB 240 CALL

ABOVE 8.00

Target1- 9.00

Target2- 10.00

StopLoss- 6.55.

India’s Benchmark index Nifty was positive throughout the week on the backdrop of positive budget policy announcements and follow up buying were seen even after the budget. Nifty traded in a narrow range of 40 points in its last trading session. Banknifty remained strong through out the day on expectation of rate cut in the coming RBI Monetory Policy this week. Bank Nifty made a high of 20229 on Friday. The next level is 20310 above which the next target would be 20525. Small cap index remained very bullish and made a all time high of 6588 on Friday.

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