NIFTY OUTLOOK FOR TOMORROW 17-OCT-2014

Weakness in the US markets pushed the Nifty index below its crucial psychological support level of 7800 and Sensex below 26000 on Thursday, led by a sell-off in European markets. The Nifty index plunged over 100 points in the last half-an-hour of trade, while the Sensex suffered losses of over 300 points in trade today. The Nifty ended at 7,748 down 115 points. It touched a high of 7,893 and a low of 7,729 in trade today. 

NIFTY OUTLOOK FOR THURSDAY 16-OCT-2014

The benchmark Sensex today washed out initial gains and ended nearly 35 points down at 26,349 on selling in realty, IT, consumer durable shares amid investors adopting caution ahead of key state elections.  Nifty also moved down by 20 points to end at 7,864. A late short-covering rally in the market changed the picture for the Nifty. While we did anticipate a short covering rally but never thought it to be so powerful.

NIFTY FUTURE OUTLOOK FOR TOMORROW 14-OCTOBER-2014

The Indian markets made a smart recovery in noon trade after falling more than 200 points in early deals. Recovery was seen on the back of buying witnessed by the IT heavyweight stocks like Infosys and TCS. The Nifty also recovered by 24 points, to 7,884. It shuttled between 7,796 and 7,901 during the session.

The nifty future today started at 7835 made a high of 7929 and low of 7817 and closed at 7911, total 112 points was played by nifty future throughout the day. For tomorrow we are likely to see bullish momentum in the market. Bulls will take nifty future above 7935-7950

NIFTY OUTLOOK FOR MONDAY 13 OCTOBER,2014

After yesterday’s recovery today again market slipped into the red. Weakness in global stocks triggered a sell-off on the domestic bourses on last trading session of the week. Sensex was provisionally down 325 points at 26,312. In the foreign exchange market, the rupee edged lower against the dollar as equities dropped. The nifty index also slipped below the level 7900. The Nifty closed at 7859, down 100 points .It touched a high of 7924 and a low of 7848 in trade today. Total 76 points was played by nifty throughout the day.

NIFTY OUTLOOK FOR TOMORROW 10-OCT-2014

Bullishness was witnessed in the market throughout the day.Market have made a strong recovery. Key indices held firm after opening with an upward gap mirroring positive Asian stocks. The sensex, and the Nifty, both, hit over one week high. Today nifty crossed the hurdle of 7950. The Nifty was up 112 points at 7,955. The index hit a high of 7,965 in intraday trade, its highest level since 1 October 2014. The index hit a low of 7,886 in intraday trade. Total 79 points was played by nifty throughout the day.

NIFTY OUTLOOK FOR TOMORROW 09-OCTOBER-2014

Yesterday’s Tatasteel Call almost achieved 1^st target..!!!

The Sensex ended a volatile session on flat-to-negative note as global markets remained under pressure on concerns of global economic growth. Today Nifty closed at 7842 down 9 points. It touched a high of 7869 and a low of 7815 in trade today. 

Further weakness is quite likely in tomorrow's session also. If the Nifty will fall below 7820 and sustain there then expect more selling to come. For any sustainable recovery wait till you see the Nifty taking out successfully the potential supply zone between 7890 and 7930 this is the bare minimum condition that the bulls need to meet so that we can see a sustainable recovery. Hence, any failed attempt in this regard would be very damaging for the market.

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 1-OCTOBER-2014

Sell Sail Future Below 68 Tgt 67.20/66.40 Sl 68.80

Buy IFCI Future Above 37 Tgt 37.70/38.10 Sl 36

Volatility was witnessed in the market today. The Sensex surged as much as 254 points in intra-day trade on Tuesday, but failed to keep the momentum and closed the day with gains of just 33 points in a highly volatile trade, as RBI in its monetary policy review hinted at the possibility of no rate cuts by January 2016.Today Nifty closed at 7964. It made a high of 8030 and a low of 7923 in trade today. Total 107 points was played by nifty throughout the day.