Showing posts with label sure nifty tips. Show all posts
Showing posts with label sure nifty tips. Show all posts

Friday, December 31, 2021

NIFTY WEEKLY OUTLOOK CHART & VIEW FOR 03 JAN 2022 TO 07 JAN 2022

WEEKLY RESISTANCE FOR NIFTY: 17500, 17600, 17700

PIVOT POINT: 17400

WEEKLY SUPPORT FOR NIFTY:  17300, 17200, 17100

WEEKLY CHART FOR NIFTY

DAILY RESISTANCE FOR NIFTY: 17450, 17550, 17650

PIVOT POINT: 17350

DAILY SUPPORT FOR NIFTY:  17250, 17150, 17050

DAILY CHART FOR NIFTY











We started the week on a nervous note as indicated by the SGX Nifty. The selloff aggravated mainly in the financial space which resulted in re-testing of sub-16850 levels. Fortunately the initial nerves settled down after half an hour of knee jerk reaction. This was followed by a sustained buying throughout the remaining part of the session to conclude with nearly half a percent gains by reclaiming the 17000 mark with some authority. Monday’s spectacular recovery was followed by a decent bump at the opening on Tuesday, citing to positive mood across the globe. The index extended its early lead a bit to surpass the 17200 mark and then slipped into a consolidation mode. All of a sudden at the stroke of the penultimate hour, market came off sharply on the back of some profit booking. Fortunately this tiny dip got bought into as Nifty went on to conclude the session around day’s high by reclaiming 17200. We had a muted start to Wednesday’s session in the absence of any major trigger on the global as well as domestic front. In the initial hour, we did move towards 17300 but this attempt eventually failed as we witnessed some profit booking at higher levels. Although, market saw a small dip towards the end, the Nifty managed to defend the 17200 mark on a closing basis. The expiry session started on a soft note and tested intraday support of 17150 in the opening trade itself. This small down tick was merely a formality as we saw Nifty recovering immediately to erase losses. During the remaining part of the session, index remained in a slender range with no clear direction. Indian shares were set on Friday for their best year since 2017, driven by an economic recovery from the pandemic-fueled slump and massive liquidity, even as a raging new COVID-19 variant and valuation concerns kept investors cautious towards the year-end. Global equities are closing out a strong year, driven by a U.S. surge while Asia lagged partly because of weakness in China on regulatory curbs and a slowing economy. Bond investors are nursing losses as many central banks move toward tighter monetary settings to fight inflation. How the coronavirus and those policy shifts shape economic reopening are key for the outlook. Sensex rose 459 points to close the year at 58253, while Nifty was up 150 points at 17354.

NIFTY: A STRONG SUPPORT WILL BE @ 16500; STRONG RESISTANCE LEVEL SEEN @ 17500

2021 has been a year of recovery, rehabilitation, and establishing a base for future growth. 2022 will be a little more volatile but will still be very good for equity investors in India. 2022 is very likely to be another year of good double-digit returns and continued wealth creation. Autos, Banks, and Capital goods, literally the A B C of equity markets, will be the most interesting sectors for 2022. On the technical front, overall structure looks positive for Nifty as it manages to sustain well above 17200 level on a closing basis for the last few sessions which is a positive sign for the index technically and we believe we can witness 17500 levels in near term. 17200 and 17500 are immediate support and resistance in Nifty. For Bank Nifty, 35000 and 36000 are immediate support and resistance.

TECHNICALLY SPEAKING

On the technical front, the index has been trading in falling channel formation and facing resistance from the upper band of formation crossing above the same can show upside rally in the counter. On the Four-Hourly Chart, the index has confirmed the bullish marubozu candle which suggests strength for an upcoming session. Moreover, the index has been trading above 21 & 50-HMA which suggests strength in the counter. However, A momentum indicator STOCHASTIC & MACD trading with a positive crossover on the daily time-frame.  At present, the index has support at 17150 levels, while resistance comes at 17450 levels, crossing above the same can show 17550-17700 levels. On the other hand, Bank Nifty has support at 34800 levels while resistance at 35800 levels.

Friday, February 17, 2017

NIFTY WEEKLY PREDICTION FOR 20 FEB TO 23 FEB 2017

 WEEKLY RESISTANCE FOR NIFTY: 8786, 8846, 8876, 8905
PIVOT POINT: 8757
WEEKLY SUPPORT FOR NIFTY :  8727,8697,8667,8608
WEEKLY CHAT FOR NIFTY



















DAILY RESISTANCE FOR NIFTY: 8849, 8865, 8885,8904
PIVOT POINT: 8832
DAILY SUPPORT FOR NIFTY :  8790, 8777, 8760,8724
DAILY CHART FOR NIFTY

Sensex opened the week at 28355, made a high of 22575, low of 28122 and closed the week at 28440. Thus it closed the week with a gain of 115 points. At the same time the Nifty opened the week at 8836, made a high of 8872, low of 8727and closed the week at 8826.Thus it closed the week with a gain of 22points.Indices settled the day higher, gaining for the fourth straight week driven by financials even after RBI put HDFC Bank back in the FII ban list.The Central Bank said the private bank has crossed overall limit of 74% of its paid-up capital and no further purchases of shares the bank would be allowed via exchanges for FIIs. It had allowed foreign investors to resume buying in the private bank earlier.

Tuesday, March 15, 2016

NIFTY OUTLOOK & FREE NIFTY & BANKNIFTY TIPS FOR 16 MARCH 2016

“BUY NIFTY ABOVE 7455 TGT 7485/7545 SL 7410”
The Sensex posted its biggest drop in three weeks and Nifty settled below its crucial psychological level of 7,500 on the back of weak global cues. Investors maintained a cautious approach ahead of the two-day meeting of the US Federal Reserve’s Federal Open Market Committee that begins on Tuesday. Markets came under selling pressure after the Bank of Japan refrained from introducing new stimulus measures at its latest policy meeting. The Japanese central bank issued a warning on inflation expectations and offered a more negative view of the country’s economy. Investors now look forward to the Fed meeting, wherein although it is largely expected to hold raising rates, its comments on economic outlook and inflation would be closely watched.
The Sensex after opening a shade higher, advanced to touch a high of 24840 at the outset before profit- booking in recent gainers took hold, which pulled it down to a low of 24517 and settled at 24551, showing a loss of 253 points. The gauge had gained 180 points in the previous two sessions. The Nifty broke below the crucial 7500 level and settled lower by 78 points at 7460. Intra-day, it shuttled between 7545 and 7452. Taking cues from the Asian indices which are trading in negative territory, declining around 0.6 %, the domestic benchmark indices started the session on a negative note and remain in this territory.

Saturday, December 26, 2015

NIFTY CHART & NIFTY WEEKLY REPORT UPCOMING WEEK FOR MONDAY 28 DEC 2015

TO GET FREE TRIAL FOR NIFTY FUTURE,STOCK FUTURE,CASH OR OPTION FILL UP THE FORM GIVEN HERE>>>>>>
DAILY RESISTANCE FOR NIFTY: 7896, 7921, 7960,8009
PIVOT POINT: 7862
DAILY SUPPORT FOR NIFTY :  7837, 7820, 7773,7744

DAILY CHART FOR NIFTY



















WEEKLY RESISTANCE FOR NIFTY: 7879, 7917, 8088, 8150
PIVOT POINT: 7840
WEEKLY SUPPORT FOR NIFTY :  7793, 7716, 7654,7592
WEEKLY CHAT FOR NIFTY



















Sensex opened the week at 25425, made a high of 25922, low of 25413 and closed the week at 25838. Thus it closed the week with a gain of 319 points. At the same time the Nifty opened the week at 7775, made a high of 7887, low of 7763 and closed the week at 7871. Thus the Nifty closed the week with a gain of 100 points.

Thursday, November 22, 2012

NIFTY OPTIONS ARE BETTER

Which is better nifty option or nifty future?
There are so many reasons why Nifty options are a better product to trade than Nifty futures. Some of them are: 
1) With Nifty future you have to pay complete margin as per NSE guidelines while for nifty  option you have to pay only premiums.
2) The possibility of earning 50% to 300% in a month in options.....