Showing posts with label niftyoutlook for tomorrow. Show all posts
Showing posts with label niftyoutlook for tomorrow. Show all posts

Wednesday, October 23, 2013

NIFTY OUTLOOK FOR TOMORROW

Buy DLF 160 call @5 tg 7.90,9.50 sl 4
CROMPTONGREAV in cash above 99 tg 102,104 sl 96
NIFTY OUTLOOK FOR TOMORROW
Chances are we would  see a continuation of the recent upswing in tommorow’s  trade provided we don’t find the Nifty slipping below 6180 and staying there seeking further lower levels Once the broader support area is taken 6180 and 6140 by the Nifty, the market might see more selling happening.Support levels on the downside: 6120 ands  6100....

Friday, August 10, 2012

INTRADAY TIPS FOR 13 AUG 2012

BUY ITC FUTURE ABOVE 270 TG 273,277 SL 266

SELL DLF FUTURE BELOW 207 TG 202,200 SL 210


Index opened above 5300,but witnessed the range bound movement throughout the day slipped into red  by the end of the day to settle at 5320.
We expect a weak opening anywhere between 5320 and 5350 levels of the index. This is going to be quite crucial for the market for any failure to do so would unmistakably point towards the underlying weakness. We expect selling to come in once again if, for any reason, the index manages to cross level of 5350 .



Wednesday, June 13, 2012

NIFTY TIPS FOR 14 JUN 2012


The S&P CNX Nifty jumped 61.80 points to settle at 5,115.90, its highest closing level since 3 May 2012. The index hit a high of 5,128.90 in intraday trade. The index hit a low of 5,015.15 in intraday trade, its lowest level since 8 June 2012.

Today's consolidation seemed to be an indication that the market priced in rate cut hopes.

 The market is keenly waiting for inflation data for May that will be announced tomorrow; Inflation after a flat industrial output for April will be key factors for the Reserve Bank of India while taking decision on monetary easing. Strong expectations have been building up since last month that the central bank may cut repo rate or cash reserve ratio by 50 basis points to give a boost to sluggish economic growth.

Monday, March 26, 2012

NIFTY OUTLOOK FOR TOMORROW


Market opened on a firm note today, but bears were  powerful enough to make the grip on index and pull it down till 5176 today’s lowest level. The peak value touched by it was 5234.
The acid test zone on upside would come in between 5313-5320. As long as index doesn’t cross it and sustain above it we can’t expect a upswing.
If we see index falling again below the 5175 it would clearly indicate that troubles continue and further downfall is expected.
NIFTY LEVELS FOR TOMOROW
RESISTANCE1
5220
SUPPORT1
5150
RESISTANCE2
5250
SUPPORT2
5125
RESISTANCE3
5300
SUPPORT3
5060