Showing posts with label nifty support and resistance. Show all posts
Showing posts with label nifty support and resistance. Show all posts

Wednesday, February 21, 2018

NIFTY CAN FALL UPTO 10200 LEVELS

BUY NIFTY 10400 CALL @ 25 TGT 39/54
 SELL TATAMOTORS FUTURE BELOW 364 TGT 361.7/358.5 SL 367.4

FOR FREE NIFTY/FUTURE/OPTION TIPS FILL UP THE FORM HERE>>>>>

NIFTY follow the Key Resistance @ 10430-10500 AND Support @ 10330,10090; intermediate bounce back possible if sustains above 10430
Snapping its three-day losing streak, the Sensex ended higher by over 140 points on value-buying by domestic investors in IT, banking, FMCG and oil and gas stocks amid a firm trend in Asian bourses.The Sensex has opened at 33813 made a high of 33911 and low of 33702 and closed at 33844 , up 141 points. The nifty future has opened at 10405 made a high of 10409 and low of 10341.4 and closed at 10390 with up 50 points.On Tuesday, NIFTY witnessed decent rebound post a flat opening, but later failed to surpass the intraday resistance of 10,430 level during the day, where a narrow range consolidation failed to save index from extending losses. Finally, NIFTY closed the session near its day’s low of 10,390marks, with cut of 50 points.

Wednesday, May 14, 2014

KEYS TO TRADE IN NIFTY FOR 14 MAY 2014

• Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 28 points at the opening bell.
• Tracking rising stocks, the rupee on Tuesday surged 37 paise to end at a nine-month high of 59.68 against the dollar on robust foreign capital inflows into equities after exit polls projected BJP-led NDA would form the next government at the Centre.
• Down jones 19 points up  16,715.
• NIKKIE 49  points down  @ 14,375
• HENG SENG 51  points up @ 22,403
• Results today  : Tata Steel, Tech Mahindra and Asian Paints

Wednesday, April 30, 2014

KEYS TO TRADE IN NIFTY

vTrading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 14.50 points at the opening bell. 
v The Indian rupee rose by 23 paise to close the day at 60.42 against the US dollar on fresh selling of the American currency by banks and exporters.
v Down jones 86 points up  16,535
v NIKKIE 33 points up  @ 14,321
v HENG SENG 293  points down @ 22,160.
v Results today  :  Kotak Mahindra Bank Ltd.,Marico Ltd.,IDBI Bank Ltd.,Petronet LNG Ltd.,JSW Energy Ltd.

Wednesday, April 2, 2014

KEYS TO TRADE IN NIFTY

  • The dollar got some strength against the rupee in the interbank market, dealers said. It started the day’s trading at Rs 97.70, with 10 paisa up it closed at Rs 97.80 for buying and Rs 98 for selling.
  • Trading of  Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 56 points in morning session.
  • DOW JONES  74 points up @ 16,532.
  • NIKKIE 219  points  up  @ 15,011
  • HENG SENG 72 points up 22,521
  • Upcoming Results: Kitex Garments Ltd

Friday, March 28, 2014

NIFTY AT ALL TIME HIGH

Market index trimmed initial gains triggered by positive Asian stocks. The Sensex, and the Nifty, both, hit record high. The Sensex was up 92.74 points off 56.86 points from the day's high and up 33.67 points from the day's low. The market was strong. Bank shares rose after the Reserve Bank of India (RBI) on Thursday, 27 March 2014, extended the timeline for full implementation of the Basel III capital regulations to 31 March 2019.

Tuesday, February 25, 2014

MID SESSION UPDATES FOR 25/02/2014

Market  indicates initial highs in mid-morning trade. The Sensex, was up 44.07 points or off 57.03 points from the day's high and up 7.79 points from the day's low. The overall health of the market, was positive. Gains in Asian stocks and overnight rally in US stocks underpinned sentiment on the domestic bourses.

Thursday, February 20, 2014

MID SESSION COMMENTARY FOR 20-FEB-2014

DECLINATION IN BANK STOCK :-
Markets continued to remain under pressure on Thursday morning as financial heavyweights like ICICI Bank, HDFC, and HDFC Bank declined by 1-2% each. More than two thirds of the scrips on Sensex were trading lower compared to yesterday's close.
On Thursday volatility was witnessed in market as market  indicates weakened once again after trimming intraday losses in mid-morning trade. the  Sensex was down 89.86 points off close to 30 points from the day's high and up about 45 points from the day's low. overall health of the market, was negative. Weakness in Asian stocks hit sentiment on the domestic bourses adversely.

Tuesday, February 18, 2014

MID SESSION UPDATES OF NIFTY FOR 18-FEB-2014

On Tuesday The market edged lower amid initial volatility. It takes forwarded movement and hit fresh intraday high in morning trade.
Market indicates surged and hit fresh intraday high in morning trade as firmness in Asian stocks boosted sentiment. The Sensex and the 50-unit CNX Nifty, both, hit their highest level in almost three weeks. The Sensex was up 128.01 points up about 155 points from the day's low and off close to 20 points from the day's high. The overall health of the market, was strong.
Bharti Airtel dropped after the company and Loop Mobile jointly announced during market hours today a strategic agreement for their operations in Mumbai (India) service area. Castrol India rose on good Q3 results. Bank stocks gained across the board.

Monday, February 17, 2014

MUST KNOW BEFORE TRADING IN NIFTY FOR 17-FEB-2014

v The rupee moved up by 15 paise to 62.27 against the American currency in late morning trade on Friday  on selling of dollars by banks and exporters due to its weakness in overseas market amidst firm equity.

v DOW JONES 126  points up   @ 16,154

v NIKKIE  56  points down @ 16,369

v HENG SENG 179  points up  @ 22,478

v  Results today : Castrol India Ltd.,Styrolution ABS (India)Ltd.,GlaxoSmithKline Pharmaceuticals Ltd.,ABB India Ltd.,Gujarat Pipavav Port Ltd.

Wednesday, February 5, 2014

MID SESSION UPDATE FOR 05/02/2014

Market indicate extended initial losses and hit fresh intraday low in morning trade. the S&P BSE Sensex, was down 114.31 points or 0.57%, off about 155 points from the day's high and up close to 20 points from the day's low. The market sentiment was affected adversely by provisional data showing that foreign funds resorted to heavy selling of Indian stocks on Tuesday, 4 February 2014.
Reality shares edged lower. Index heavyweight and cigarette maker ITC extended initial losses. Most telecom stocks declined. Power Finance Corporation rose on good Q3 result.
The market breadth, indicating the overall health of the market, was positive.

Thursday, January 30, 2014

NIFTY FEBRUARY SERIES BEGINS FROM TOMMOROW

"Buy Hindalco 105 Put @ 2.5 TGT  3.9/5.40 SL 1.10"
"Buy Nifty 6200 Call @64 TGT 84/100 SL 48"
 Nifty future was range bound today. Nifty future made  a high of 6,078 and a low of 6,025 .Except for the market participants showing continued  indecision, the outlook remains the same even for tomorrow  we need to watch if it manages to get past and stay above 6080 – 6100 supply zone firmly to signal some kind of a recovery or else it may slide down and  take out 6020 to head further down....

Wednesday, January 29, 2014

NIFTY TRADING KEYS FOR 29 JAN 2014

  • Indian rupee jumped by 59 paise, its biggest gain in over two months, to close at 62.51 on heavy US dollar selling as emerging market currencies scripted a rebound and the RBI hinted that rate hikes could be ending.
  • DOW JONES ended 90  points up  closed @ 15,928
  • NIKKIE closed 260  points up closed @ 15,240
  • RESULTS TODAY: BHARTI AIRTEL,GSFC,ICICI       
  • get free Nifty stock future and option tips enter your mobile number HERE

Thursday, January 16, 2014

KEYS TO TRADE IN NIFTY FOR 16 JAN 2014

RUPEE V/S DOLLAR
On Wednesday the rupee trimmed its initial losses against the US dollar but was still quoted down 5 paisa to 61.57 in the late morning deals on demand for the American currency from banks and importers on the back of higher green-back overseas.

Wednesday, January 15, 2014

KEYS TO TRADE IN NIFTY FOR 15/01/2014

RUPEE V/S DOLLAR
In line with the domestic equity market, the rupee today firmed up by 36 paise to 61.54 against the dollar in late morning deals on fresh selling of the American currency by banks and exporters, triggered by weakness in the green back overseas.

Monday, January 6, 2014

WORLD MARKET UPDATES FOR 06 JANUARY 2014

RUPEE V/S DOLLAR
The rupee bounced back from its early low and also snapped two-day losing string to end higher by 10 paisa at 62.16 against the Greenback following fresh dollar selling by exporters and some banks amid strong inflows.
Weakness in dollar overseas and marked recovery in local equities from initial losses too aided the rupee rise

Wednesday, January 1, 2014

KEYS TO TRADE IN NIFTY FOR FIRST DAY OF 2014

RUPEE V/S DOLLAR
First of all wish you all a very happy new year. In thin trade on the last day of 2013, the rupee climbed 11 paise to 61.80 against the dollar, bringing to an end a year that saw the local currency crash to an all-time low and recover to still close with an annual loss of 11 per cent.

Monday, December 30, 2013

ASIAN MARKET UPDATES FOR 30/12/2013

             
        NIKKIE                       16,240             up                    61
       HANGSENG               23,256             up                     12












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Wednesday, December 12, 2012

FUTURE TIPS FOR 13 DEC 2012

Buy ITC future above 309 tg 311.40,313.90 sl 307.50
Sell ONGC future below 256 t 253.20,251.40 sl 258.20
NIFTY OUTLOOK FOR TOMORROW
Nifty started on the positive note but could not sustain the level of 5900 today. Markets remained lack lustre as investors chose to stay on the sidelines despite better-than-expected October IIP number and news of an agreement between government and Opposition on the crucial Banking.  It suggests that the short term uptrend might well have been terminated a corrective downswing will continue .....

Friday, November 30, 2012

What do you mean by support and resistance?

Support and resistance represent key junctures where the forces of supply and demand meet. 
Support is the price level at which demand is thought to be strong enough to prevent the price from declining further. The logic dictates that as the price declines towards support and gets cheaper, buyers become more inclined to buy and sellers become less inclined to sell .Resistance is the price level at which selling is thought to be strong enough to prevent the price from rising further. The logic dictates that as the price advances towards resistance, sellers become more inclined to sell and buyers become less inclined to buy. After a resistance level is penetrated, it often becomes a support level this is because buyers who didn't buy at that price before it went up are now willing to buy at that price. Support and resistance play different roles in uptrends and downtrends.....