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 FRIDAY 22-AUGUST-2014

On Thursday market was very volatile throughout the day. Today nifty future opened on a firm note at the level 7886, then after going higher at level 7937, it slipped down at 7867 which was below from its crucial & psychological level of 7900, weighed down by losses in metal, IT, pharma and reality stocks. At the time of closing nifty future made a smart recovery and closed at 7905, total 70 points was moved by nifty future throughout the day.

NIFTY OUTLOOK FOR FRIDAY 09-MAY-2014

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Market was completely in the see- saw form. Today very much volatility was seen in the market. in morning session market having initial gain with the opening of 6720 level..then in the afternoon session it get down then again it rises up made a high of 6720 and low of 6661 and at end of the session it stopped at the level of 6680. Today nifty played 59 points throughout the day.For tomorrow we are expecting that The level of 6650 is seriously under threat unless buying resurfaces soon enough to save the day for the bulls. For Friday bulls will try to give a big fight to bears for the level of 6700-6730. At the other side 6660-6630 will be proved as very good supporting levels. if the market were to turnaround then the index must take out 6700 through 6730 supply zone else things would turn quite problematic for the bulls. Advised to trader that just to take minimum  position.

If selling pressure were to push the index down below the immediate support area between 6652 and 6643 is breached then the next significant support at 6619 through 6617 would also be under threat.