NIFTY OUTLOOK FOR FRIDAY 25-JULY-2014

After moving in a narrow range for most part of the trading session, the Sensex picked up momentum in the last one hour of trade and rallied as much as 146 points to hit its fresh record high of 26,292 in trade on Thursday. The Sensex finally closed 137 points higher at 26,271 It hit a low of 26,077 and a lifetime high of 26,292 in trade today. The Sensex has already rallied over 24 % so far in the year 2014 and has become the top performing index in the world on a year-to-date basis. Nifty future also managed to hit fresh lifetime high of 7,835. Nifty Future started at 7788 made a high of 7839 and low of 7762 and closed at 7832, total 77 points was moved by nifty future. 

SEE-SAW NIFTY

"Sell Nifty Future Below 6740 Tgt 6710/6680/6650 Sl 6770 "

NIFTY FUTURE OUTLOOK FOR WEDNESDAY 07 MAY 2014 

On Tuesday the market was bullish in early trade. Today Nifty future hit highest level of 6774 .Our market has turned quite listless after the wide-ranging day on Apr 30.The index is now engaged in a see-saw movement failing to hold on to its intraday gains much. On the contrary, some stocks are continually under attack. today nifty started by 6757 made a high of 6774 and low of 6726 and closed to the level of 6746.Total nifty played 57 points throughout the day. For tomorrow we expecting uptrend in the market  the nifty will touch the level of 6780.. On the other hand,if any fall to levels below 6650 would signal more weakness in the short run.