30 June 2016

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 1 JULY 2016

BUY RCOM 55 CALL @ 1.8 TGT 2.8/3.2 SL  0.80"
"BUY NIFTY 8300 PUT @120 TGT 134/159 SL 100"
Bulls took the charge on dalal street. The June F&O settlement expired on a positive note. Benchmark indices Sensex and Nifty reclaimed their crucial psychological levels of 27000 and 8,300 mark. Mark mood remained upbeat since morning on account of firm global cues as Brexit fears are slowly subsiding. Finally, the Sensex ended with a gain of 259 points at 27000. The Sensex opened at 26926 touched an intra-day high of 27069 and low of 26873. The Nifty closed with a gain of 84 points at 8288. The Nifty opened at 8260. hitting a high of 8308 and low of 8242.

29 June 2016

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 30 JUNE 2016

The market ended with handsome gains ahead of expiry of June F&O series on Thursday. Indices extended its winning streak to third consecutive trading session amid positive global cues and firm rupee. Sentiment got boost after the Union Cabinet approved a higher increase in the basic pay of government employees. Some support also came from Reserve Bank of India’s, Financial Stability Report (FSR) stating that despite global uncertainties, banking sector issues, the economy stands out in terms of growth as compared to other emerging markets and the Indian financial system remains stable.  The Sensex ended with a gain of 215 points at 26740. The Sensex opened at 26627 touched an intra-day high of 26776 and low of 26606. The Nifty closed with a gain of 76 points at 8204. The Nifty opened at 8173 hitting a high of 8212 and low of 8157.

28 June 2016

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 29 JUNE 2016

On Tuesday Markets remained in bullish territory. The market showed signs of resilience for second consecutive trading session as indices surged higher. Nifty surpassed the 8100 mark while the Sensex ended above the 26500 mark. The indices rallied as the good progress of monsoon rains lifted consumer goods makers such as Hindustan Unilever that depend on the rural economy, though trading volumes were thin due to continued concerns about the Brexit fallout. Sentiment got a fillip as European market too staged a strong recovery ahead of the commencement of a two-day European Council meet. The Sensex ended with a gain of 122 points at 26524. The Sensex opened at 26411 touched an intra-day high of 26583 and low of 26378.  The Nifty closed with a gain of 33 points at 8128. The Nifty opened at 8096 hitting a high of 8146 and low of 8087. Trading volumes were thin due to continued concerns about the Brexit fallout. Besides, short-covering ahead of June derivatives expiry on Thursday boosted the domestic sentiment.

27 June 2016

NIFTY WEEKLY REPORT FOR 27 JUNE TO 01 JULY 2016

WEEKLY RESISTANCE FOR NIFTY: 8194, 8357, 8395, 8432
PIVOT POINT: 8231
WEEKLY SUPPORT FOR NIFTY :  8156,8093,8030,7930

WEEKLY CHAT FOR NIFTY


















DAILY RESISTANCE FOR NIFTY: 8186, 8273, 8356,8442
PIVOT POINT: 8100
DAILY SUPPORT FOR NIFTY :  8049, 8015, 7929, 7870
DAILY CHART FOR NIFTY

















Worst day in 10 months as Wall Street reacts TO BREXIT.
TECHNICALLY SPEAKING
WEEKLYCANDLESTICK: WHITE OPENING MARUBOZU
DAILYCANDLESTICK: BULLISH MORNING STAR

24 June 2016

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 27 JUNE 2016

Bears marched up & took over the charge in the market in opening hours of market, but bulls did not loosed the positions & recaptured there seat in the closing hours. After falling 1091 points intra-day, the Sensex recovered some of its losses as markets stabilized at lower levels. The Sensex opened 635 points lower on Friday. The Nifty, which cracked below 8000-level to hit a low of 7927 during the session, managed to recover part of the initial losses and settled 181 points down at 8088. The Nifty index yo-yoed 181 points at 8088.
Although there was a near equal split in opinion, the Brexit outcome comes in as a bit of a shock. The focus now would be on Bank of England and the kind of policy action they they would roll out. Yes, the sentiments across the global markets are highly negative and this is clearly rubbing off on Indian markets. However, this is not the time to make any hard conclusions but instead wait for events to unfold. The Brexit fall is giving the Indian investor an opportunity to buy quality stocks.

23 June 2016

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 24 JUN 2016

The bulls have taken the charge in the market. As we have predicted we have seen nifty above 8300 level. After being cautious for the past two trading sessions, stock market in India surged higher on Thursday tracking a strong upswing in the European equity markets as UK voters began to cast ballots on 'Brexit' referendum. The Sensex and NSE Nifty advanced over 0.80% on Thursday tracking firm trend in European markets as UK voters began to cast ballots on ‘Brexit’ referendum. The Sensex ended with a gain of 237 points at 27002. The Sensex opened at 26753 touched an intra-day high of 27061 and low of 26737. The Nifty spot closed with a gain of 67 points at 8270. The Nifty spot opened at 8201 hitting a high of 8286 and low of 8188.

It would be the best chance for Nifty to break 8300 levels and once 8300 will break the next achievable target will be 8500. Market Next movement would depend on Brexit Poll Decision By Today Evening & also domestic market triggers like strike of monsoon & GST bill which may be passed in monsoon session of parliament.
SUPPORTS: 8330 AND 8380


RESISTANCES: 8150 AND 8100

22 June 2016

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 23 JUNE 2016

Bulls opened market high but bears managed to pull it down before the closing of market. The Sensex and Nifty swung between gains and losses on Wednesday and ended the trade in red as Brexit worries continued to affect investor’s sentiments globally. Sensex settled 47 points down at 26765, while Nifty index closed 16 points down at 8203. The market extended its losses due to the uncertainty over Brexit and surge in oil price.

Tomorrow highly volatile trading session going to be witnessed. Once nifty cross 8250 resistance the 8300 will be the target for bulls & then the next resistance for nifty will be 8345.
Buy on dip until nifty hold 8150

Supports: 8200, 8150
Resistances: 8270, 8320

21 June 2016

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 22 JUNE 2016

 "BUY NIFTY ABOVE 8240 TGT 8290/8330 SL 8195"
Sensex ended with a loss of 54 points at 26,813. and low of 26,755.The Nifty closed with a loss of 19 points at 8,220. and low of 8,202. Profit booking combined with negative global cues and a weak rupee dampened the sentiment. The Nifty  futures contract opened with a flat note  at 8257 and made a high of 8257. However, the contract failed to sustain its bullish momentum and has come off sharply from the day’s high.It is currently stuck in a narrow range. Support is at 8200 and resistance is at 8275. A strong breakout on either side of these levels will decide the next direction of move for the contract. Traders can wait on the sidelines until the breakout gives a clear trade signal.