NIFTY FUTURE OUTLOOK FOR FRIDAY 05-SEP-2014

After making new highs from last nine consecutive session market was following divergent trend on Thursday due to profit booking by investors in bluechips after a nine-day strong rally. ...Friday market opened down side but at the end of the session Market tried to come again towards upward direction. Today market opened at 8125 made a high of 8138 and low 8092 and closed at 8137, total 46 points was played by nifty future throughout the day. Investor now expects the market to consolidate a bit even as the mood remains positive. Many still feel the Nifty could surpass 8150-81200 by coming Monday. 

NIFTY FUTURE OUTLOOK FOR TUESDAY 26-AUGUST-2014

Nifty was on fire today. Today nifty future crossed the resistance level of 7955 and made a new high of 7979, but in last half an hour of trading session nifty was slipped down and came to 7914.Today nifty future started at 7926 and closed at 7914, total 65 points was moved by nifty future throughout the day. Tomorrow on tuesday Nifty future will try to recover and will come again at 7945-7960 if this levels will achieved by nifty future then there will be higher possibilities for 8000 level at the other side 7910-7900 will be proved as a major supporting level for nifty future.

NIFTY FUTURE OUTLOOK FOR THURSDAY 12-JUNE-2014

Today Sew-saw movement was there in nifty. After hitting yet another record high of 25,735 in the morning trade,the Sensex ended at 25,473, down 109 points. Nifty future today started at 7670 made a high of 7715 and low of 7610 and closed at 7637, total 105 points was nifty future moved throughout the day. The index turned quite volatile during the session first, it fell by 104 points from 7683 and then some see-saw movement for most of the time before recovering sharply in the last hour to close a tad higher than the previous session. Incidentally, the top was made within the potential supply zone anticipated by us. While there had been a positive close for sure, the day’s price movement undoubtedly has created some fissures in the solid uptrend that we had been observing in the recent past.