NIFTY FUTURE OUTLOOK FOR 30-MAY-2014

Today very range bound movement was there in nifty. The Nifty moved in a very narrow range of just 42 points in today’s session. Market suddenly dropped towards downside. Very bearish momentum witnessed in market today Nifty started at 7325 made a high of 7330 and low 7230 and closed at 7235. In fact, for most part of the day nifty was oscillating between 7320 and 7340. Sensex & Nifty both hit lowest closing level in nearly two weeks. The market sentiment was affected adversely by data showing that foreign funds were net sellers of Indian stocks on Wednesday, 28 May 2014. Some movement we are expecting in the market for tomorrow due to first trading session of June series. For tomorrow if nifty sustains 7240-7270 level. Then more uptrend can be witnessed .nifty will move between the range of this levels.

NIFTY FUTURE OUTLOOK FOR THURSDAY 29-MAY-2014

Today lackluster movement was there in the market. Today market was completely flat.  Market was opened at 7322 made a high of 7344 and low of 7303 and closed at 7337 total 41 points was played by nifty today. For tomorrow some movement we are expecting due to expiry of F&o segment. As traders roll over positions in the futures & options (F&O) segment from the near month May 2014 series to June 2014 series. The near month May 2014 derivatives contract expires tomorrow, 29 May 2014.

For tomorrow expected levels for nifty will be 7270-7320. And if any downfall  then supporting level will be 7250.we continue to expect a broad range bound trading activity panning out for today and tomorrow but that could well turn out to be so much of sound and fury signifying nothing.

NIFTY FUTURE PREDICTION FOR WEDNESDAY 28-MAY-2014

CALL FOR TOMORROW 28-MAY-2014
 "Buy Tatasteel Future Above 478 Tgt 482/488 Sl 471"
"Sell IFCI Future Below 36 Tgt 35.10/34.80 Sl 36.90"
NIFTY FUTURE OUTLOOK FOR TOMORROW 

In today’s trading session a bout of volatility was witnessed in the market. Market was wildly volatile yesterday at one point, it seemed as if we are going to see yet another new high during the trading session while later in the day the way the market sold off for no apparent reason, it appeared as if there would be no tomorrow. Today after opening higher index suddenly followed the divergent trend. Today market opened at 7361 made a high of 7365 and low of 7281 and closed at 7320. Total 84 points was played by nifty today.

For tomorrow the expected levels are 7350-7400.Nifty will oscillate between this levels and if any downfall then the level 7300 will be proved as very good supporting level.

KEYS TO TRADE IN NIFTY FOR 12-MAY-2014

·       Nifty could gain 28 points at the opening bell.

·        Relentless capital inflows amid record setting local equities helped the rupee to end higher by 12 paise at 60.04 

·       Down jones 32 points up  16,583.

·       NIKKIE 20  points down  @ 14,178.

·       HENG SENG 314  points down @ 22,177

·       Results today  : just Dial Ltd.,Coromandel International ,Ltd.Indian Bank,DB Corp Ltd.,Finolex Industries Ltd.

KEYS TO TRADE IN NIFTY

v Market may open flat to slightly higher.  Nifty could gain 5 points at the opening bell. 

v The rupee snapped four weeks of losing string and recovered by 44 paise to close at three-week high of 60.16 against the US dollar

v Down jones 45 points up  16,512.

v NIKKIE 27  points down  @ 14,457.

v HENG SENG 45  points down @ 21,888.

v Results today  :  Canara Bank,Emami Ltd., Piramal Enterprises Ltd. , Tube Investments of India Ltd. , Ajanta Pharma Ltd.

NIFTY OUTLOOK FOR MONDAY 05-MAY-2014

"Sell LT Future Below 1270 TGT 1262/1258 SL 1278"

"Buy Reliance 1120 Call @ 14 TGT 21/25 SL  7 "
NIFTY FUTURE OUTLOOK FOR MONDAY

On Friday nifty was completely range bound it started with 6750 made a high of 6778 and low of 6720 and closed at the level of 6726…nifty played 58 points throughout the day. The index swooped down to test levels close to 6650 but closed much higher. However, an interesting thing happened on the end-of-day  the Nifty and the Bank Nifty both We found a wide ranging day pattern showing a large intraday range with the opening and closing around the middle of the range…the market has become directionless. This means the vicious downswing of the last four sessions has probably come to an end. Either there will be a narrow range bound movement before another directional movement is noticed or a sharp spike up in order to mark the resumption of the earlier intermediate uptrend. However, so long as we don’t see the index getting past 6750 it would not be out of the woods.for Monday we are expecting that nifty will touch the level of 6740-6770.at the other side if nifty will slips down then the 6700 will be proved as a very good supporting level. The last two phases of the extended general elections will take place over the next 10 days.

TOUGH FIGHT BETWEEN BULLS AND BEARS ON 17-04-14

"Buy Petronet Future above 142.8 TG 144.5/146.8 SL 140.3"

NIFTY FUTURE OUTLOOK FOR TOMORROW

As we have predicted the nifty couldnot cross the level of 6800 today.Nifty future opened higher and made a high of 6780 but edged lower after the forecast of june –september monsoon below normal this year.  The low of 6688 was  witnessed today by nifty The index has turned quite weak it can slide further down if it were to fall below 6690   key support area. Once 6705 is taken out decisively on high volume activity and the index might go down to test  6650 strong support zone....

HOW IS TRADING DONE IN NIFTY

• Trading is done on Nifty contract which is also called as Nifty future derivative.
• Nifty Lot Size - Nifty derivative consist of a lot of 50 quantities of Nifty. So if you want to buy Nifty contract then you have to buy at least one lot. The trading in Nifty contract is done in lots.
•  Nifty Expiry -The Nifty derivative expires every last Thursday of the month. In India we have three month future derivatives for trading.
•  Based on your trading position your account will get adjusted on daily basis as per the closing price of Nifty derivative contract....

KEYS TO TRADE IN NIFTY

· The rupee ended 7 paise stronger at 60.10 against the dollar on Friday as foreign banks sold the American currency towards the end of the trading session. 

· Trading of Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 10 points in morning session..

· Down jones 159  points down 16,412

· NIKKIE 202  points  down  @14,861.

· HENG SENG 109  points down @22,406

· UPCOMING RESULT  : Euro Asia Exports Ltd.

KEY MARKET INDICATORS

• Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 8 points at the starting of trading. 
•  In line with rising local equities, the rupee on Wednesday firmed up by 34 paise to close at eighth-month high of 60.14 against the dollar on sustained capital inflows.
• DOW JONES 98 points down @ 16,268
• NIKKIE 168  points down @14,308
• HENG SENG 144 points down @ 21,743
• Upcoming Results: Rural Electrification Corporation Ltd.

LEVEL 6500 : SUPPORT FOR NIFTY

Volatility was seen in market in mid-morning trade. The Sensex, was down 38.50 points or up about 65 points from the days low and off close to 25 points from the day's high. Nifty, hit their lowest level in almost one week. It trimmed intraday losses in mid-morning trade. IT stocks rose on weak rupee and improving outlook on US economy.

MUST KNOW BEFORE TRADING IN NIFTY

• In volatile trade, the rupee on Friday lost two paise to end the day at 61.19 against the dollar amid tension in Ukraine ahead of a weekend referendum prompting investors to exit from riskier markets.
• DOW JONES 181  points up  @ 16,247
• NIKKIE 154 points  up  @14,432
• HENG SENG 103 points down  @  21,577
• Results Today :  Gammon India Ltd.

KEYS TO TRADE IN NIFTY

• The rupee broke its two-day of losing string and appreciated by five paise to close at 61.17 against the Greenback on fresh dollar selling by exporters amid weak dollar overseas.
• DOW JONES 231  points down  @ 16,108
• NIKKIE 449 points  down  @16,108
• HENG SENG 231 points down  @  21,524
• Results Today :  Warren Tea Ltd.

MID SESSION UPDATES OF NIFTY

TOP GAINERS:BPCL,KOTAKBANK,M&M

TOP LOSERS :INFY,SUNPHARMA,RANBAXY

Today volatility was in market. market indices reversed losses after opening lower. Firmness in Asian stocks boosted sentiment. The Sensex was up 12.76 points up about 150 points from the days low and off close to 40 points from the day's high. The overall health of the market was strong.

BULLISH NIFTY TREND FOR MONDAY

Sell Nifty future below 6275 tg 6255,6235 sl 6295

NIFTY OUTLOOK FOR TOMORROW

Nifty opened and ended on positive note.It  made a high of 6275 and a low of 6243 today.Week started on positive note with the Indian Equity benchmark index Nifty opened at 6,155  and showed secular upside movement throughout the week.As we have predicted in our last post  positive sentiments were sustained through the roll over of Feb contracts to Mar contracts and Nifty  closed at 6,282 on a weekly note up by 118 points with a four trading sessions winning streak. Overall trend of Nifty  is still looking bullish on chart, while a short term correction can be observed .....

BOTH SIDED NIFTY TREND FOR EXPIRY DAY

Sell Tata steel future below 359 tg 354,351 sl 363

NIFTY OUTLOOK FOR TOMORROW

Nifty  13  points  to settle at 6,200., its highest closing level since 24 January 2014. The index hit a high of 6,216 and a low of 6,176 in intraday tradeTwo days prior to the February equity derivative settlement, the Nifty closed on a strong note but a  lower than the resistance zone between 6190 and 6210. ...

MUST KNOW BEFORE TRADING IN NIFTY FOR 04 FEB 2014

• The Indian rupee today gained for the first time in three days and closed up 12 paise to 62.56.
• DOW JONES ended 149  points down  closed @ 15,372
• NIKKIE closed 382  points down closed @ 14,236
• HENG SENG closed 509  points down closed @ 21,526
• The stocks may edge lower on weak economic data in US. Data showed factory activity in the US expanded in January at the weakest pace in eight months as orders slumped, a sign manufacturing cooled at the start of the year along with the weather. The Institute for Supply Management's factory index decreased to 51.3 from 56.5 the prior month, the Tempe, Arizona-based group's report showed. Readings above 50 indicate expansion. US is the biggest outsourcing market for the Indian IT firms

MID DAY NEWS OF STOCK MARKET FOR 21st jan 2014

WORLD MARKET INDICATES extended initial gains and hit fresh intra day high in morning trade. the S&P BSE Sensex, was up 75.69 points or 0.36%, up about 75 points from the day's low and off close to 5 points from the day's high. The market breadth, indicating the overall market, was strong. Gains in Asian stocks boosted sentiment on the domestic bourses. The market sentiment was also showing that foreign funds were net buyers of Indian stocks on Monday, 20 January 2014. Foreign institutional investors (FIIs) bought shares worth a net Rs 384.89 crore on Monday, 20 January 2014, as per provisional data from the stock exchanges.

MIDDAY UPDATE FOR 15 th JAN 2014

Asian stocks rose on Wednesday on optimism the global economy is strengthening.

world market  extended gains and hit fresh intra-day high in mid-morning trade as firmness in Asian stocks boosted sentiment. The barometer index, the S&P BSE Sensex and the 50-unit CNX Nifty, both, hit their highest level in nearly two weeks. The Sensex was up 188.35 points or 0.9%, off close to 20 points from the day's high and up about 130 points from the day's low. The market breadth, indicating the overall health of the market, was strong. All the thirteen sectoral indices on BSE were in the green. IT stocks rose on positive economic data in US with Infosys hitting record high

NIFTY STRATEGY FOR 08-01-14

For good NIFTY STRANGLE STRATEGY  for tomorrow visit  OPTION BLOG

NIFTY OUTLOOK FOR TOMORROW

Nifty started at the level 6203 and dropped till 6167 finally ended at 6196. We expect further fall in the index and the whole market unless the Nifty manages to move above 6210  and stay there on sustainable basis. The range between 6210 and 6240 is going to act as a significant supply zone  absorbing the supply in this range is quite crucial if, at all, there is going to be any recovery worth talking about....