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Best BTST Tips:17th May (Friday)

Published May 16, 2019 Total Comments : 0
Future tips

INVESTORS WENT ON A BUYING SPREE IN THE LAST HOUR THUS PULLING BENCHMARK INDICES, WHICH REMAINED RANGE-BOUND FOR MOST PART OF THE DAY, INTO THE GREEN WITH OVER 200 POINTS AND 100 POINTS GAIN FOR SENSEX AND NIFTY, RESPECTIVELY. THE BENCHMARK S&P BSE SENSEX ROSE 279 POINTS TO CLOSE AT 37,393, WITH BAJAJ FINANCE, TATA MOTORS, INFOSYS, VEDANTA, AND ONGC RAKING IN THE HIGHEST GAINS. OUT OF THE 30 BSE CONSTITUENTS, 21 ENDED IN THE GREEN. THE BROADER NFITY50 INDEX ADDED 100 POINTS TO RECLAIM PSYCHOLOGICAL 11,250 LEVEL AND END THE DAY AT 11,257. MARKET BREADTH, HOWEVER, REMAINED IN FAVOUR OF SELLERS. ABOUT 898 STOCKS DECLINED AND 841 ADVANCED ON NSE.

Nifty Recommendations

Nifty future has shown positive sign before last phase of voting and as market has retraced upto 38.2% of previous rally now it’s time to fasten your seat belt as market will provide you lots of opportunity and today’s rally might be the trend changer as it has shown that bulls has controlled the market.

R1-11340 R-2-11410 S1-11210 S-2-11130

Daily Stock Recommendation

BUY AXIS BANK FUT ABOVE 735 TG 740/747 SL 729

BUY PFC FUT ABOVE 109.50 TG 110.20/111 SL 108.65

BUY TATA STEEL FUTURE ABOVE 473 TG 477/482 SL 468

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