CS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS - 23 MAY 2017

CS NIFTY FUTURES (MAY) OVERVIEW

TREND BEARISH

RES2:9560

RES 1:9505

SUP1:9435

SUP2:9405

CS BANK NIFTY FUTURES (MAY) OVERVIEW

TREND BULLISH

RES 2: 22975

RES 1:22905

SUP1: 22625

SUP2: 22570

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IMF watching Brazil; 'for now' maintains 0.2% GDP forecast

The International Monetary Fund is monitoring the developing political situation in Brazil, but "for now" is maintaining the forecast for a slight economic recovery this year, a fund official said today.

Beset by corruption charges, Brazil's President Michel Temer yesterday defiantly refused to resign, but the investigation into his activities sparked a sharp downturn in the stock market which caused the Sao Paulo market to halt trading temporarily after a 10 percent plunge.

The forecast for slight recovery comes after two years of recession in the huge South American economy, including a 3.6 percent contraction last year and a 3.8 percent downturn in 2015, the worst performance since 1948.

Just last month, IMF Managing Director Christine Lagarde praised Brazil for finally turning the corner, but the political turmoil could threaten that progress.

Temer, who himself came to office to replace impeached president Dilma Rousseff, is under investigation for allegedly authorising payment of hush money to a politician imprisoned for corruption.

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Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647 

CS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS - 19 MAY 2017

CS NIFTY FUTURES (MAY) OVERVIEW

TREND BULLISH

RES2:9575

RES 1:9535

SUP1:9425

SUP2:9375

CS BANK NIFTY FUTURES (MAY) OVERVIEW

TREND BULLISH

RES 2: 23175

RES 1:23000

SUP1: 22750

SUP2: 22475

Get real time advice for  Intraday Trading Tips , Intraday Market Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips  , Equity Tips  and all Maket Updates From Capitalstars .

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647 

CS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS - 16 MAY 2017

CS NIFTY FUTURES (MAY) OVERVIEW

TREND BULLISH

RES2:9500

RES 1:9465

SUP1:9375

SUP2:9325

CS BANK NIFTY FUTURES (MAY) OVERVIEW

TREND BULLISH

RES 2: 23175

RES 1:23000

SUP1: 22560

SUP2: 22475

Get real time advice for  Intraday Trading Tips , Intraday Market Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips  , Equity Tips  and all Maket Updates From Capitalstars .

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647