Pre Session: Markets may open higher amid strong Asian cues 18/04/2018

Pre Session: Markets may open higher amid strong Asian cues
18/04/2018
NIFTY FUT  TREND            : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE


Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

The Indian benchmark indices are set to open higher on Wednesday amid strong cues from other Asian peers.

The Asian markets have opened on a higher note tracking Wall Street gains as the focus shifted to corporate earnings, while Wall Street closed higher in the previous trading session on broad-based gains and boosted optimism about the U.S. corporate reporting season.

On the economy front, the markets may react to a report that India is expected to grow at 7.4 percent in 2018 and 7.8 percent in 2019, leaving its nearest rival China behind.

Around six companies are likely to report their March quarter results including ACC, HDFC Life, Mastek, Mindtree, Ambica Agarbathies and Dhruv Estates among others.

Positive trends in the SGX Nifty Index Futures for April delivery, which were trading at 10,589.50, up by 35 point.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040