CAPITALSTARS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS 27 August 2018

CS OPENING BELL:

NIFTY SPOT UP 83@11640

SENSEX SPOT UP 286@38538

BANK NIFTY FUTURES UP 262@ 28273

                                                                                        

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CS NIFTY FUTURES (JUNE ) OVERVIEW

TREND BEARISH

RES2: 11750

RES 1:11640

SUP1:11510

SUP2:11380

CS BANK NIFTY FUTURES (JUNE ) OVERVIEW

TREND BULLISH

RES 2: 28550

RES 1: 28200

SUP1: 27800

SUP2: 27620

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CAPITALSTARS NIFTY FUTURES & BANK NIFTY FUTURES OVERVIEWS 23 August 2018

CS OPENING BELL:

NIFTY SPOT UP 21@11590

SENSEX SPOT UP 73@38359

BANK NIFTY FUTURES DOWN 75@ 28203

                                                                                 HAPPY TRADING!

CS NIFTY FUTURES (JUNE ) OVERVIEW

TREND BEARISH

RES2: 11750

RES 1:11600

SUP1:11400

SUP2:11250

CS BANK NIFTY FUTURES (JUNE ) OVERVIEW

TREND BULLISH

RES 2: 28650

RES 1: 28400

SUP1: 28100

SUP2: 27900

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9977499927

7440449744

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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 update : Over 10 lakh traders to protest against Walmart-Flipkart deal on July 2: CAIT

The Confederation of All India Traders (CAIT) on Friday said that more than 10 lakh traders will join in a "Protest Dharna" at 1,000 locations across the country against the Walmart-Flipkart deal on July 2.

In a joint statement, the confederation's National President B.C. Bhartia and Secretary General Praveen Khandelwal said: "e-Commerce market place has been vitiated to a great extent in past years by several leading e-Commerce companies by indulging into all kinds of mal-practices including predatory pricing, deep discounting and loss funding". 

"The Walmart Flipkart Deal will prove to be one step further in capturing the retail trade through the passage of e-Commerce," the statement said.

"Particularly at a time when there is no policy of e-Commerce, it would be a cake walk for Walmart to circumvent the FDI policy... of 2016. Therefore stiff and strong opposition to this deal is necessary to protect retail trade of India."

The confederation has already approached the Competition Commission of India (CCI) against the deal and "if need arises we shall challenge the deal in court of law including highest court". 

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* CapitalStars Investment Adviser: SEBI Registration Number: INA000001647