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Saturday, 27 May 2017

Nifty Future Tips Tomorrow: 29th May

Markets continued their bull run to settle at fresh closing highs on Friday with the S&P BSE Sensex scaling past the 31,000-mark and the broader Nifty50index hitting 9600-mark for the first time ever as higher derivatives rollover led to strong follow-up buying in index heavyweights on the first day of June series. Market touched another milestone supported by continued buying interest on index heavy weights post expiry. 

Expectation on good monsoon & a slow pace in interest rate hike by FED continue to weigh the sentiment. Mid & small caps outperformed as recent correction scaled down the valuation gap with large caps, this gave an entry point for those who missed the opportunity.Settling at fresh closing high, the 30-share Sensex ended at 31,028, up 278 points. The index was up 1.8% for the week. On the other hand, Nifty50 also ended at new peak of 9,595, up 85 points with a weekly gain of 1.7%. 

Stock Future Tips For Tomorrow

Buy HINDPETRO Future at above 578 Targets 583, 588, 593 Stop loss 568
Buy KSCL Future at above 584 Targets 589, 594, 599 Stop loss 574
Buy VOLTAS Future at above 499 Targets 501, 503, 505 Stop loss 495