If you are looking for Equity Trading tips provider for NSE Stock Market then your search ends here. We offer best intraday Tips in cash segment.

1. May 6, 2016

2. 
2
“Nifty may open in red indicating global cues”
Indian benchmark indices are likely to open in red with the market
indicator SGX nifty trading +39.00 points at 7,763.00 at the time of
market closed. Asian market, Europe market, America market
trading down .
TEHNICAL & DERIVATIVE REPORT
May 6, 2016
SENSEX ( 25101.73) /NIFTY (7735.50)

3. 
3
KEY VALUE
SUPPORT 1- 7701.50 RESISTANCE1- 7760.50
SUPPORT 2- 7660.00 RESISTANCE 2- 7800.00
.
Nifty closed at 7735.50 with a loss of (-40.45) points. On the daily chart the
index has formed a BEARISH candle indicating negative bias.The index is
moving in a Higher Top and Higher Bottom formation on the daily chart
indicating sustained up trend. The chart pattern suggests that if Nifty crosses
and sustains above 7770 level it would witness buying which would lead the
index towards 7800-7840 levels.However if index breaks below 7700 level it
would witness selling which would take the index towards 7670-7640 Nifty
continues to remain in an uptrend in the short to medium term, so buying on
dips continues to be our preferred strategy. The daily strength indicator RSI is
moving downwards and above its reference line indicating pnegative bias.
However momentum oscillator Stochastic has turned negative from the
overbought zone indicating a possible consolidation or a down move in the
near term The trend deciding level for the day is 7770. If NIFTY trades above
this level then we may witness a further rally up to 7800-7840 levels.
However, if NIFTY trades below 7700 levels then we may see some loss
booking initiating in the market, which may correct up to 7 level.7640-7630.
OBSERVATION
STRATEGY :-
NIFTY is looking BEARISH on a chart for next day. One can go for buy on lower level strategy for this
index for intraday to midterm positions.

4. 
4
On Friday session, the index had given a flat opening followed up with
positive momentum throughout the session. The “DOWN TREND”
pattern formed during the previous week on weekly charts has been
negated as the index has managed to cross the high on Thursday, thus
indicating bulls taking control back in their favor. If the index manages to
continue its momentum, then it could rally up to 17000-17100 range
which is 127% reciprocal retracement of the previous corrective move
from 16780 to 15560. Traders are hence advised to continue to trade in
the direction of the trend and follow strict risk management strategy on
their trading positions. Intraday support for Nifty Bank is placed around
16200 and 16050 whereas resistance are seen around 17040 and 17160
TEHNICAL & DERIVATIVE REPORT
May 6, 2016
NIFTY BANK OUTLOOK- (16281.00)

5. 
5
KEY VALUE
Support 1- 16200 Resistance1- 16385
Support 2- 16050 Resistance 2- 16425
ASIA MARKET:-
MARKET INDICATORS
Index Last Traded Change
Straits Times 2,773.07 -38.13 -1.36%
Hang Seng 20,525.83 -151.11 -0.73%
SSE Composite
Index
(Shanghai) 2,991.27 -1.37 -0.05%
Nikkei 225 16,147.38 -518.67 -3.11%

6. 
6
AMERICA :-
Index Last Traded Change
Dow
JONES 17,750.91 -140.25 -0.78%
S&P500 2,063.37 -54.37 -1.13%
Nasdaq 2,063.37 -18.06 -0.87%
EUROPE :-
Index Last Traded
Change
DAX
9,847.72 -79.05 -0.80 %
FTSE 100 6,107.29 -78.30 -1.27 %
CAC 40 4,338.88 -33.10 -0.76 %
BEL-20 3,318.00 -43.50 -1.29%

7. 
7
CASTROL INDIA +5.91 %
INDIABULLS REAL ESTA +5.69%
UNITED SPIRITS +5.04 %
CROMPTON GREAVES +4.50 %
ATUL LTD +4.33%
BALKRISHNA IND. -5.69 %
AMTEK AUTO LTD. -5.34%
GREAT EASTERN -5.23%
IDEA CELLULAR LTD. -5.02%
REDINGTON (INDIA) LT -4.84%
TOP GAINERS
TOP LOSERS

8. 
8
“ SKS Microfinance changes name to Bharat Financial Inclusion”
KEY VALUE
Support 1- 590 Resistance1- 605
Support 2- 580 Resistance 2- 613
TEHNICAL & DERIVATIVE REPORT
May 6, 2016
SKS MICROFINANCE

9. 
9
“Analysts bet psoriasis drug to aid Sun Pharma's US kitty”
KEY VALUES
SUPPORT 1- 802 RESISTANCE 1 -814
SUPPORT 2- 792 RESISTANCE 2- 820
TEHNICAL & DERIVATIVE REPORT
May 6, 2016
SUN PHARMA

10. 
10
The information contained here was gathered from sources deemed reliable
however; no claim is made as to accuracy or content. This does not contain specific
recommendations to buy or sell at particular prices or time, nor should any
examples presented be deemed as such. There is a risk of loss in equity trading and
you should carefully consider your financial position before making a trade. This is
not, nor is it intended, to be a complete study of chart patterns or technical analysis
and should not be deemed as such. SAI PROFICIENT INVESTMENT
ADVISORS does not guarantee that such information is accurate or complete and
it should not be relied upon as such. Any opinions expressed reflect judgments at
this date and are subject to change without notice. For use at the sole discretion of
the investor without any liability on Sai Proficient Investment Advisors.
TEHNICAL & DERIVATIVE REPORT
May 6, 2016
DISCLAIMER