NIFTY OUTLOOK FOR TOMORROW 08/10/2014

Sell Tatasteel Future below 442 Tgt 438.20/436.40 Sl 445

Bearishness was witnessed in the market throughout the day. The  Sensex ended nearly 300 points lower following a sharp correction in European markets. Nifty has breached at 7850  Today nifty slipped below the level 7900 and closed at 7852.The 50-share index  down 93 points The Sensex ended at 26,271, down 296  points .future started at 7929 made a high of 7970 and low of 7883 and closed at 7892, total 87 points was moved by nifty future throughout the day.

NIFTY OUTLOOK FOR WEDNESDAY 20-AUG-2014

"Buy Ibrealest 80 Call @ 0.90 Tgt 1.50/2.30"

Today nifty made new high of 7900, but there was not any major movement in the market. Nifty was oscillating near 7904-7918 levels throughout the day.The Nifty index also rose 44 points to touch its fresh record high of 7918. Nifty index came under some bit of selling pressure and closed below its crucial psychological level of 7900. Today nifty future started at 7896 made high of 7923 and low of 7888 and closed at 7907 total 35 points was moved by nifty future throughout the day.

NIFTY OUTLOOK FOR TOMORROW 06-AUGUST-2014

Very volatile market was today. Market opened at 7734 made a high of 7788 and low of 7655 and closed at 7772, total 133 points was moved by nifty future. It has been a smart recovery; at least, the Nifty has managed to close above 7770. Now for tomorrow market will remain volatile with wild swing on either side. It needs to cross the levels of 7797 to retain the same bullish momentum. Now, the level of 7630 would be a key support level to watch out for. In case, in any profit taking, the index falls below 7680 and stays there expect selling pressure to mount again on the contrary staying above 7700 would pave the way for a minimum of 7720 – 7725 if not 7745 – 7760. Major support now, in this narrow range, then is located the levels between 7600 and 7550.

NIFTY FUTURE OUTLOOK FOR WEDNESDAY 09-JULY-2014

"Sell RCom Below 135.50 Tgt 132/128.80 Sl 138"

"Buy IDFC Future Above 138 Tgt 141/142.90 Sl 136"

Very volatile market was today. After opening on a firm note the market was slipped into the red in the mid sessions .Both the sensex and the nifty hits more the one week low. The Sensex slipped over 600 points in trade today .The Nifty also witnessed some bit of profit booking at higher levels. The index breached its crucial psychological level of 7600 after hitting its fresh lifetime high of 7808 earlier in the day. The sudden downfall in market was witnessed due to the Shares of most of the railway-related companies slipped 3-13 % in trade on Tuesday, as the Rail Budget failed to live up to market expectations and investors preferred to book profits after a sharp rally seen in most of these stocks so far in the year 2014. Today nifty future started at 7810 made a high of 7817 and low of 7620 and closed at 7630, total 197 points was moved by nifty future. For tomorrow some recovery can be happen in the market, If tomorrow nifty will successfully crossed it’s most crucial level of 7680 then it will come back to it’s comfortable zone of 7765-7795 and if this levels are achieved by nifty then 7850 will most desirable resistance level for nifty future, at the other side if any down trade was witnessed in the market the 7600-7550 will be proved as very good supporting levels of nifty future.

NIFTY FUTURE PREDICTION FOR WEDNESDAY 25 JUNE,2014

"Buy IFCI 42.50 Call @0.20 Tgt 0.50/0.70"

Today market witnessed a recovery,market moment was completely bullish. Market raised due to the impact of high crude oil prices on India's macroeconomic situation eased after decline in global crude oil prices. This wild upswing was also due to the F&O expiry on Thursday. Today Nifty future started at 7530 made a high of 7616 and low of 7525 and closed at 7592, total 91 points was moved by nifty future today. Now on top we saw huge volume coming in the market after quite some time that also is an indicator that the downswing, in all likelihood, is over. now tomorrow the market will continue to move towards upward direction. Market will come back to its comfortable zone of 7600 and will move between the levels of 7580-7650. . On the way up, the Nifty needs to cross 7530 through 7550 to post a sustainable recovery. However, as a confirmation, we need nifty to touch 7630 for any fresh upswing.

We feel that probably the correction that the market saw for the past four-five days was a good bit of consolidation and correction. Though there was a huge sector churning, which was taking place, it has seriously given the markets some very good strength. It is great for the health of the market that intermittent corrections come. It is showing all the classical signs of a good bull market wherein three-four days' correction gets bought into on a given day like today.

NIFTY FUTURE OUTLOOK FOR 14-MAY-2014

Market witnessed intraday volatility today. Two successive triple digit gains in a row a phenomenon we have not seen for a long time. Such occurrences had been there for the Bank Nifty many times in the recent past but hardly even one for the Nifty. Today The Sensex hit the record high above 24,000 levels. And nifty future also played 124 points throughout the day. Today nifty started with 7121. Made a high of 7203 and low of 7078. Today Nifty closed at the level of 7135. It was as if the market correctly anticipated what the exit polls now suggest as the possible outcome of the recent parliamentary polls. Expecting a favorable mandate and a strong government at the center.

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.