NIFTY FUTURE OUTLOOK FOR THURSDAY 18 SEPTEMBER, 2014

The bear are on track; Nifty future started at 7994 but could not sustain this level and dropped till 7962.It made a high of 8010 at the time of closing it tried it tried to get recover & Finally ended at 7992 Total 48 points Was played by Nifty future throughout the day.Whole day one positive thing was there, that nifty won't brake down the level of 7950 t.In case, there is for strong recovery in the market, the Nifty future needs to get past the first critical supply zone between 8020 and 8050 range. Once again, the level of 8035 comes now if the index remains below this level it would signal a new phase of weakness coming in, which, by the way, is all but natural due to US Fed two-day policy meet which ends later today.

NIFTY FUTURE PREDICTION FOR THURSDAY 14-AUGUST-2014

"Buy Tatasteel 580 Call @3 and Tatasteel 500 Put @ 3 book both @ 7 "

See-saw movement was there in the market today. Sensex ended up 38 points after witnessing a flip-flop trade led by gains in ITC, HDFC. The Nifty ended at 7,739 up 12 points, It touched intra day high of 7,757 and a low of 7,695 in trade today. On Wednesday nifty future started at 7728 made a high of 7776 and low of 7706 and closed at 7740, total 70 points moved by nifty future throughout the day. Today nifty future crossed the strongest hurdle 7770 but failed to touch the level 7800. Now for tomorrow on Thursday Nifty future

NIFTY PREDICTION FOR THURSDAY 31-JULY-2014

"Sell SBIN Future Below 2450 Tgt 2429/2402 Sl 2477" 

"Buy Tatamotors Future Above 456 Tgt 462/469 Sl 451"

Volatility was witnessed in the market today .The Sensex regain its intraday losses of 141 points in trade on Wednesday and closed above its comfortable zone of 26000. The Sensex finally ended 96 points higher at 26,087. It hit a low of 25,850 and a high of 26,113 in trade today. The Nifty index also managed to regains comfortable zone 7750, supported by gains in consumer durable, banks, pharma and FMCG stocks. The Nifty index closed 42 points higher at 7,791. It hit a low of 7707 and a high of 7798 in trade today. Nifty future opened towards down side at the level of 7751, made a high of 7794 and low of 7711 and closed at 7788, total 83 points was moved by nifty future.

NIFTY FUTURE PREDICTION FOR THURSDAY 03-JULY-2014

It looks like that much talked about pre-budget rally, it is finally here in anticipation of a strong pragmatic Budget. Both the Sensex and the Nifty rose to their fresh lifetime highs in trade today, Sensex rallied over 230 points to hit its fresh lifetime high of 25749 in trade. Tracking the momentum, the Nifty index also managed to rally over 60 points to hit its fresh record high of 7700, supported by gains in banks, capital goods, The market breadth indicating the overall health of the market was strong due to having expectations of a growth oriented Budget. The index was paused for sometime but today it looked as it is just about to move up again in today’s session with a strong momentum to begin with. Today nifty future started at 7709 made a high of 7758 and low of 7702 and closed at 7748 total 56 points was moved by nifty future. Today the level of 7000 was decisively taken out by nifty future, but it was not having so much movement. Tomorrow once the Nifty gets past 7750 and stays above than we can expect it to scale up and test the supply pressure around the level of 7750. Between 7700 and 7729, it could face considerable supply overhang but once this zone is taken out decisively, we are likely to see further up moves that would help it cross levels between 7700 and 7850 going forward. Unless the index closes below 7580, all intraday dips could well see the bulls creating fresh positions at lower levels.