21 February 2019

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 22 FEB 2019

MANAPPURAM; PARTY HAS BEGAN 

CALL GIVEN ON 7TH FEB

Currently nifty was dancing to the global tunes and we feel it may continue for some time, in absence of any major event on the local front. After 8 sessions downfall bulls again shown some strength & took nifty back to closer of 10800 zone. sensex gains 142 points, Nifty just shy of 10800 up by 54 points at 10789.
In the upcoming session Nifty’s sustainability above 10800 would trigger further rebound. Recently, it took support at the previous swing low of 10580. The index has been forming higher highs and lows for last two sessions and formed a bullish candle on the daily scale on Thursday. Now, it has to hold above the 10775 mark to extend its gains towards 10830 and then 10885 levels, while on the downside support exits at 10670 level. 
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Resistance: 10830, 10885
Support: 10670, 10630

MANAPPURAM THE PARTY HAS BEGAN

15 February 2019

NEXT WEEK NIFTY PREDICTION & CHARTS 18 FEB TO 22 FEB 2019

WEEKLY RESISTANCE FOR NIFTY: 10800, 10900, 11000
 PIVOT POINT: 10750
WEEKLY SUPPORT FOR NIFTY:  10700, 10600, 10500
WEEKLY CHART FOR NIFTY 


















DAILY RESISTANCE FOR NIFTY: 10800, 10850, 10900
PIVOT POINT: 10700
DAILY SUPPORT FOR NIFTY:  10650, 10600, 10550
DAILY CHART FOR NIFTY 

Bears continued to dominate as nifty closed at 10700 mark. After giving a good move of nearly 500 points in last week, the rally halted on the day of RBI Monetary policy. It was quite surprising to see massive sell off on the following week. Monday morning, despite global markets consolidating with a mild positive bias, nifty started on a weak note. In fact, this negativity increased in the initial hour, dragging Nifty well below the 10900 mark. Fortunately, due to emergence of some buying at lower levels, Nifty managed to trim decent portion of losses to eventually close with half a percent cut. On Tuesday tracking the muted global cues our markets witnessed a flat to negative opening. Subsequently, there was boredom during the major part of the session as Index traded within a very slender range. Eventually during the last hour of trade Index witnessed one more bout of selling to end with a loss of around half a percent at 10831. Wednesday had a gap up opening, owing to cheerful mood across the globe. Nifty sneaked below the 10800 mark by shedding 0.35% from the previous close. Thursday Markets looked nervous right from the opening tick, taking cues from the SGX Nifty and other Asian bourses. Index consolidated throughout the first half by maintaining a negative bias. However, post the mid-session; we witnessed a sudden spurt in the market, which subsided after a while. But the highlighting part was the outperformance of the broader market in the latter half. Although, index corrected once again, we saw tremendous improvement in the market breadth.  Nifty closed at 10746 on Thursday. On Friday muted domestic earnings and weak global markets hurt the sentiment. Nifty ended 0.20% lower at 10724.
NIFTY: A STRONG SUPPORT WILL BE @ 10600; STRONG RESISTANCE LEVEL SEEN @10900

14 February 2019

ONGC FUTURE ROCKS.. NIFTY TIPS FOR 15 FEB 2019

ONGC FUTURE CALLS ROCKS ACHIEVED BOTH TGT 128/126 SELL GIVEN @ 130 PROFIT 22500 IN INTRADAY
Bulls swiped from the market, Bears continued to rule on dalal street & took nifty below 10750 mark. Nifty opened at 10786 made a high of 10792 & low of 10718 & closed at 10746 down by 47 points.  market was in a cautious mood on as investors hung on for any hint of progress in the latest Sino-U.S. tariff talks amid reports the White House could extend the deadline for a deal.

12 February 2019

NIFTY PREDICTION & FREE OPTION TIPS FOR 13 FEB 2019

Bears continued to grip the market & took nifty below 10850 mark amid volatility in last hour despite positive trend in global peers. . At the close of market hours, the Sensex was down 241 points at 36153 and the Nifty down 57 points at 10831.  Investors took a cautious approach ahead of the industrial production (IIP) data for December and inflation numbers for January to be released in the post market hours. This data will dictate the market in tomorrow’s trading session.

11 February 2019

NIFTY PREDICTION & FREE OPTION TIPS FOR 12 FEB 2019

NIFTY TODAY
Bears tighten their grip on D-street & took nifty below 10900 mark. The week has started on negative note at 10930 after making low of 10857 finally it has closed at 10888. Today with the introduction of weekly option in the Nifty index from 11th February, it would provide decent trading opportunities to traders and investors for hedging short-term events and taking advantage of volatility differentials.
NIFTY TOMORROW

8 February 2019

NEXT WEEK NIFTY PREDICTION & CHARTS 11 FEB TO 15 FEB 2019

MANAPPURAM CONTINUE TO HOLD

WEEKLY RESISTANCE FOR NIFTY: 11000, 11175, 11250
 PIVOT POINT: 10900
WEEKLY SUPPORT FOR NIFTY:  10850, 10750, 10650
WEEKLY CHART FOR NIFTY 



















DAILY RESISTANCE FOR NIFTY: 10980, 11000, 11100
PIVOT POINT: 10950
DAILY SUPPORT FOR NIFTY:  10900, 10850, 10800
DAILY CHART FOR NIFTY 


Nifty has crossed the hurdle of 11000 in this week but Friday nifty struggled for 11000 mark & failed to sustained above 11000 & ended below 10950 mark at 10943 amid renewed concerns over US-China trade tiff.
We had a gap down opening to kick off the new trading week after last Friday’s volatile session. During the first half, the nifty remained under; however, the latter half turned out to be an excellent one for the bulls. The market breadth improved tremendously and in the process, Nifty managed to surpass the 10900 mark on a closing basis. On Tuesday we had a flat opening in the absence of major Asian bourses. During the first half, index saw mild profit booking but thereafter, we had a gradual up move which was followed by a consolidation to eventually end the session with nominal gains. Yesterday, although index closed in the positive territory, the market breadth was not at all good. Wednesday, a bright sunshine was seen in our markets after undergoing a challenging period in last month and a half. We started proceedings with a decent upside gap on the back of favorable global cues. During the first half, index consolidated with a positive bias; but, there was massive destruction being witnessed in the broader market. Fortunately for us, index picked up a strong momentum post the midsession and there was massive short covering rally seen across the board. In the process, Nifty went on to close at 5-month high by clocking more than a percent gains at 11062. Thursday Nifty was little changed despite the Reserve Bank of India surprising the street with a rate cut and changing policy stance to "neutral" under Governor Shaktikanta Das's first monetary policy review. Eventually, the much awaited RBI monetary policy turned out to be a non-event. The Nifty rose 7 points to close at 11069. 
NIFTY: A STRONG SUPPORT WILL BE @ 10900; STRONG RESISTANCE LEVEL SEEN @11175