22 December 2014

NIFTY OUTLOOK FOR TOMORROW 23 DEC 2014

Friday’s Rcom future call achieved 1st target..!!! 
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Bulls are back in the action…!!!!! Today bulls take nifty above 8300 level amid positive domestic factors after the introduction of GST Bill in the Lok Sabha on Friday. The 50-share index soared by 98 points to close at 8324. Today nifty opened at 8255 made a low of 8228 and high of 8324. 

19 December 2014

NIFTY OUTLOOK FOR MONDAY 22-DEC-2014

"Buy Hindalco Future above 158.20 Tgt 159.20/162 Sl 156.50"
"Sell Rcom below 82.50 Tgt 81.90/80.50 Sl 84.50"
Bulls are back in action..!!!!!  today they were moving in range of 8210-8268 levels, but market movement was completely lackluster due to weekend Friday. Today nifty reclaimed its 8200 mark. The nifty opened at 8230 made a high of 8263 and low of 8208 and closed at 8225 level total 55 points was moved by nifty throughout the day.

18 December 2014

NIFTY OUTLOOK FOR 19 DECEMBER 2014

Bulls are back on the driver’s seat now. Today bulls nifty to crossed the hurdle of 8150 and closed at 8159 level. Today Nifty reclaimed 8100 mark on value buying after recent sharp falls and hopes on tax reforms as the Cabinet cleared the long-pending GST bill. Today Nifty opened at 8138 made a low of 8084. Nifty reclaimed 8100 level by rising 129 points, to end at 8159 after soaring to 8174. Total 90 points was moved by nifty throughout the day.

17 December 2014

NIFTY OUTLOOK FOR TOMORROW 18 DEC 2014

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Bears are still on the driver’s seat. Today nifty has broken the support of 8000 and touched a low of 7961. After opening at 8082 it made a high o f 8082 and closed at 8029 total 121 points was moved by nifty throughout the day. The market has been witnessing sluggish sentiment from the past few sessions. Today nifty closed at 8029, below the crucial 8050 mark.

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16 December 2014

NIFTY OUTLOOK FOR TOMORROW 17-DEC-2014


Very bearish movement was there in the market today. The Nifty slipped below its 50-day moving average and breached 8052 level. The market has been witnessing sluggish sentiment for the past three sessions. Today nifty closed at 8067, below the crucial 8100 mark. It touched a high of 8189 and a low of 8052 in trade today, total 137 points was moved by nifty throughout the day.

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15 December 2014

NIFTY OUTLOOK FOR TOMORROW 16-DEC-2014

Nifty dipped below the crucial 8,200-mark to touch a low of 8152 in early trade. Later it settled down by 4 points at 8219.Nifty opened at 8160. It touched a high of 8242 and a low of 8152 in trade today.
As of today, the critical levels are 8198 - 8181 on the downside and 8226 – 8237 on the upside. If the index were to side below 8181 and stay there then we might be headed for a test of Nifty levels of 8141. In all likelihood, the Nifty is going to test levels around 8080. Any breakdown of this level would mean major weakness going forward.