Bulls are
back in action & took nifty above 10800 mark. Risk appetite was boosted
after Moderna Inc's experimental vaccine for coronavirus showed it was safe and
provoked immune responses in all 45 healthy volunteers in an ongoing
early-stage study. expectation of stimulus
from the governments also boosted the market sentiments. The Sensex closed 18
points higher at 36051 while the Nifty settled 10 points higher at 10618.
Showing posts with label nifty levels. Show all posts
Showing posts with label nifty levels. Show all posts
Wednesday, July 15, 2020
Wednesday, June 24, 2020
NIFY OUTLOOK & OPTION CALL PUT TIPS FOR 25 JUNE 2020
Bears griped the market is the last
hour of trades on Wednesday & closed the day below 10500 mark. Traders
turned cautious in domestic market amid weakness in Asian indices including
Nikkie, Hong Kong and Nifty. Sensex closed 561 points lower at 34868 and Nifty
fell 165 points lower to 10305. Earlier at opening bell, Sensex rose 250 points
higher at 35679 and Nifty climbed 58 points higher at 10529. With immediate effect from date of President's nod on the
ordinance, cooperative banks will come under the RBI supervision now. As a
result, Nifty Bank slips 900 points; down over 4% .India's economy is likely to
shrink by 5.3% this fiscal, the lowest GDP growth in the Indian history and the
sixth instance of economic contraction. The disorder caused by the COVID-19
pandemic unfolded with such a speed and scale that the disruption in
production, breakdown of supply chains/trade channels and total wash out of
activities in aviation (some activities have started now), tourism, hotels and
hospitality sectors will not allow the economic activity to return to normalcy
throughout FY21. As a result, besides contracting for the whole year, GDP will
contract in each quarter in FY21 (April 2020 to March 2021). However, the GDP growth would bounce
back in the range of 5-6% in FY22 (April 2021 to March 2022), aided by base
effect and return of gradual normalcy in the domestic as well as global
economy. India's gross domestic product (GDP) will contract 5.3% in FY21. This
will be the lowest GDP growth in the Indian history (Indian GDP data is
available from FY51) and sixth instance of economic contraction, others being
in FY58, FY66, FY67, FY73 and FY80; the previous low was negative 5.2% in FY80.
Saturday, June 13, 2020
NIFTY WEEKLY REPORT & VIEW FOR NEXT WEEK 15 JUNE TO 19 JUNE 2020
FOR LIVE MARKET CALLS WHATSAPP YOUR NAME & SEGMENT ON 9039542248
DAILY RESISTANCE FOR NIFTY: 10000, 10100, 10200
WEEKLY RESISTANCE FOR
NIFTY: 10000, 10200,10500
PIVOT POINT: 9900
PIVOT POINT: 9900
WEEKLY SUPPORT FOR NIFTY: 9800, 9600,
9400
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 10000, 10100, 10200
PIVOT POINT: 9950
DAILY SUPPORT FOR NIFTY: 9900, 9800, 9700
DAILY CHART FOR NIFTY
Nifty opened with a gap up on Monday in line with strong
global cues, but failed to surpass its crucial hurdle at 10,333 level. It
consolidated in the initial hour of trade, but gradually drifted towards the
10,150 level in the latter part of the day. Tuesday’s session once
again saw Nifty start near the 100-DMA, which currently stands at 10276. After
testing the day’s high near 10,291, Nifty came off over 250 points from the
high point of the day. While showing no intention to recover, the headline
index ended near the low with a net loss of 120 points. Wednesday market ended in the positive territory, supported
by last-minute buying in counters such as Reliance Industries (RIL), HDFC, TCS,
ICICI Bank, and IndusInd Bank. Nifty ended at 10,116, up 69 points
. Thursday market had opened higher, shrugging off worries over the US Federal
Reserve's grim outlook for a speedy economic recovery. However, the opening
gains were soon erased as fears of a second wave of coronavirus and the Supreme
Court's (SC) observations in the adjusted gross revenue (AGR) case weighed on
market movers. the Sensex fell 708 points, to 33538, Nifty settled 214 points
lower at 9902. Friday Indian markets made a
dramatic intra-day comeback to end higher. The Sensex closed 242 points higher
at 33780 after being down about 1200 points at day's low. A positive start in
European markets, coupled with strong gains in index heavyweight Reliance
Industries, powered the recovery. Dow futures were up about 600 points. The
broader Nifty today settled 0.7% higher at 9972, recovering from day's low of 9544.
Thursday, June 4, 2020
NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 5 JUNE 2020
A
volatile trading session ended lower. The indices were trading with over half a
per cent cut in Thursday's session ahead of the index F&O weekly expiry.
Market broke the 6-day winning momentum and ended lower in the volatile trade
on June 4 with Nifty able to close above 10000 mark. At close, the
Sensex was down 128 points at 33980, while Nifty was down 32 points at 10029.
Tuesday, June 2, 2020
NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 3 JUNE 2020
PNB 28 CALL BOOK PROFIT NEAR 2.3 BUY GIVEN @ 1.6 ON 29 MAY 2020
TO CHECK VISIT http://niftytipsniftylevels.blogspot.com/2020/05/option-call-put-tips-for-29-may-2020.html
5810 PROFIT ON 13280 INVESTMENT
TO GET LIVE MARKET OPTION/FUTURE/CASH/NIFTY TIPS WHATSAPP ME ON 90395422485810 PROFIT ON 13280 INVESTMENT
DLF 155 CALL BOOK PROFIT NEAR 10.4 BUY GIVEN @ 5
DLF 135 PUT BOOK @ 2 BUY GIVEN @ 4
PROFIT FROM CALL 17490
LOSS FROM PUT 6930
NET PROFIT 10560
Bulls continued to rule the street. Nifty was just
kissing distance away from 10000 mark. The Sensex advanced 522 points to close
at 33825. Nifty climbed 153 points to end 9979. Strong global cues and reassurance by Prime
Minister Narendra Modi, in an address to India Inc at the CII's 125th annual
session, that India will return to growth, also boosted the market sentiment.
Thursday, May 14, 2020
Nirmala Sitharaman’s Stimulus Failed To Lure Stock Market
FM Nirmala Sitharaman’s stimulus failed to impress stock market , package had more to do with fixing supply-side issues than catering to demand-side issues. The FM announced Rs 3 lakh crore collateral-free loans and 50000 crore equity infusion in MSMEs; Rs 90,000 crore liquidity infusion in discoms and 50000 crore relief on TDS and TCS among others. Market participant do not expect the Rs 6 lakh crore announcements to give any boost to the economy in the short term. market was a bit disappointed because the immediate spend out of the big fiscal stimulus is relatively small and there could be doubts on whether economic growth will revive soon and in proportion to the large number of the stimulus. Indian markets opened on a negative note following overnight negative close in US markets as US Fed warned that the coronavirus crisis raises longer-term growth concerns and could result in an extended period of low productivity growth and stagnant incomes. During the afternoon session the markets further weakened as truncated WPI data further added to pessimism which showed deflation in primary articles to 0.79% in April-20 as against inflation of 3.72% in March-20; food inflation cooled to 3.60% in April-20 from 5.49% in March-20. T he benchmark indices wiped out all the previous session gains with Nifty ended below 9150 level on May 14 on the back of profit booking amid weak global cues. At close, the Sensex was down 885 points at 31122, and the Nifty was down 240 points at 9142.
Monday, May 11, 2020
NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 12 MAY 2020
A rangeboound trading
session, in continuation of a prevailing consolidation phase ended on flat note.
The nifty opened with strong gains, following supportive global cues but the
pressure in the index majors mainly from the banking space erased all the gains
by the end. However, rebound in the auto and IT majors capped the downside. The
Sensex erases entire gains, ends 81 points lower while Nifty slips below 9250
mark & closed at 9239 , after making intraday high of 9439 & low of
9219.
Thursday, May 7, 2020
NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 8 MAY 2020
The Sensex and Nifty
resumed decline after a say's breather in the previous session and ended on a
weak note amid rising coronavirus cases in the country. The Sensex fell as much
as 323 points and the Nifty slumped below important psychological level of 9200.
The Sensex ended 242 points lower at 31443 and Nifty declined 56
points to close at 9215. India reported 3561 new cases of coronavirus in the
last 24 hours, taking the total to 52952, government data shows. The highly
infectious virus has claimed 89 lives during the same period.
Wednesday, April 1, 2020
NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 3 APRIL 2020
The see-saw battle
between the bears and the bulls continued on Dalal Street with the former
dominating Wednesday’s session amid a rise in coronavirus cases in India.
Worries surrounding a sharp drop in GDP growth rate also hit investor sentiment
on Dalal Street. India has reported a sharp rise in new coronavirus
cases in the last couple of days, indicating a community transmission. The
country has reported nearly 1,400 confirmed cases of Covid-19 including 35
deaths and 123 discharged patients. The Sensex tanked 1203 points to
28265 & Nifty dropped 344 points to 8254.
Friday, March 27, 2020
NIFTY WEEKLY OUTLOOK & OPTION CALL PUT TIPS FOR 30 MARCH 3 APRIL TO 2020
WEEKLY RESISTANCE FOR NIFTY: 9200, 9500,10000
PIVOT POINT: 8500
DAILY RESISTANCE FOR NIFTY: 8900, 9000, 9100
PIVOT POINT: 8550
PIVOT POINT: 8500
WEEKLY SUPPORT FOR NIFTY: 8300, 8100, 7800
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 8900, 9000, 9100
PIVOT POINT: 8550
DAILY SUPPORT FOR NIFTY: 8300, 8200, 8100
DAILY CHART FOR NIFTY
This is
clearly one of the worst phases the whole world is undergoing at present. Not
only in terms of financials or economies but also in terms of health crisis.
This uncertainty due to coronavirus pandemic is weighing down heavily on
markets across the globe and it was yet another day of carnage for Indian
markets. We opened the week significantly lower and after initial trades locked
into a lower circuit for the second time in last 7 sessions. Unlike the
previous circuit day, yesterday we didn’t even see a mild recovery; in fact the
selling augmented to conclude yet another terrible day with a cut of 13%. Worldwide
the trading screen was positive early in the morning on Tuesday after US FED announced some measures to
support the US economy in such difficult times. Hence, we had a good bump up at
the opening after Monday’s mayhem. But surprisingly, we lost all the sheen in
initial trades to slide tad below Monday’s low. Finally after an hour, market
stabilised and started moving. Despite US markets posting a colossal overnight
rally, we started the wednesday marginally in the red, which was mainly a
hangover of PM Modi’s announcement on country lockdown for 21 days. After
initial hiccups, we finally joined hands with our global peers and a strong
buying across the board thereafter pushed Nifty significantly higher to reclaim
the 8300 mark. Wednesday’s colossal rally was followed by a positive start for
the thursday, despite some sluggishness in the global peers. After some initial
consolidation, our markets picked up strong momentum to post positive close for
the third consecutive day. Despite some intraday declines, the Nifty managed to
add yet another three percent gains to Wednesday’s relief move and concluded
the terrifying March series with nearly 15% recovery from lows.
NIFTY:
A STRONG SUPPORT WILL BE @ 9500; STRONG RESISTANCE LEVEL SEEN @7500
Let see
how things shape up on the global front now. If we see the relief move getting
extended in global markets, we would see some extension of this week move in our
markets. For the coming session, 8000-7500 remains to be a key support; whereas
on the higher side, 9000-9500 is the level to watch out for. If Nifty has to
continue some relief move, the Nifty needs to surpass this hurdle convincingly
to head towards 10000.
TECHNICALLY
SPEAKING.
Since Tuesday
morning, almost all world markets were looking jubilant and despite we closing
in the green, the reaction from our markets is not as similar as the rest of
the world. Nevertheless, we have managed to defend 7500 and have shown some
signs of relief on tuesday. markets are hinting towards a possible rebound and
it was very much overdue also after recent relentless fall. All markets across
the globe were deeply oversold and hence, a decent bounce back was on cards.
For the day, we were observing 8000 as a crucial hurdle. The moment index
surpassed and stayed for few minutes, we saw strong bout of short covering
thereafter to head towards the mentioned zone of 8200 - 8400. Now market has
given the most awaited rebound, but traders should not get carried away by
this. It may extend further also, but the uncertainty with respect to
coronavirus is still looming over. Till the time it does not subside
considerably, we should avoid aggressive bets in the market. At present, it’s
advisable to take one step at a time and momentum traders should look to book
profits on a regular basis. Nifty precisely met the levels of 8200-8400-8600
one after another. Now technically speaking, the Nifty has displayed first sign
of strength i.e. a convincing close above ‘5 day EMA’ after a month. In
addition, the ‘RSI-Smoothened’ on daily chart has confirmed a positive crossover
in deep oversold territory. Considering all this, we may see this up move
getting extended from hereon. Going by technical observations if Nifty manages
to stay beyond 8700- 8800 levels then we may see extension of the rally towards
9500-10000. Obviously we need not forget that current situation is different
due to pandemic across the globe and hence, a possibility of whipsaws cannot be
rules out. If above mentioned technical set up has to work well, things with
respect to coronavirus should not aggravate in coming days.
Friday, March 20, 2020
NIFTY WEEKLY OUTLOOK & OPTION CALL PUT TIPS FOR 23 MARCH TO 27 MARCH 2020
WEEKLY RESISTANCE FOR NIFTY: 9200, 9500,10000
PIVOT POINT: 8500
WEEKLY SUPPORT FOR NIFTY: 8300, 8100, 7800
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 8900, 9000, 9100
PIVOT POINT: 8550
DAILY SUPPORT FOR NIFTY: 8300, 8200, 8100
DAILY CHART FOR NIFTY
Whatever
we have witnessed over the past few days, it’s clearly once in a lifetime
phenomenon. Market has taught everyone, we should never underestimate the
‘Uncertainty’. Every day, market is bleeding as if there is no tomorrow;
because people are clue less and don’t know how and when we are going to come
out of this. After Friday’s recovery, many must have thought the short term
bottom is made but this hope did not last too long. Within three subsequent
sessions, Friday’s low was not only tested but also broken quite convincingly. The
indices started the week with a huge gap down opening and resumed the downtrend
to end with a cut of over 7%. Looking at the positive U.S. Futures market, our
markets started trading marginally positive on Tuesday. However, post
consolidating in a range, the broader markets again witnessed selling pressure
in the later half and ended the session with a cut of two and a half percent. Wednesday
our markets kept sinking throughout the day to conclude below 8500 with yet
another severe cut of over 5%. The
indices again started trading for the day with a significant gap down opening
of about 500 points in Thursday session to breach the 8000 mark. The index
remained under pressure till noon but then a sudden bout of recovery in the
later half led to an up move and the index recovered all the losses to trade
with gains of about 100 points. However, we again saw some selling pressure in
the last half an hour to end this volatile day with a loss of over 200 points
at 8263. On account of strong global cues Post-Wall Street rebound, the Indian
Indices surged around 5.75 per cent on World Happiness Day. The Sensex shot up
1627 points and closed at 29915 levels while Nifty soared 482 points and closed
at 8745 levels. This rise in the Indian indices was mainly due to the fresh
buying in energy, oil and gas and metal stocks.
Monday, March 9, 2020
Wednesday, December 18, 2019
NIFTY PREDICTION & OPTION CALLS FOR 19 DEC 2019
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New day new high..!!! Market
breaks all the record in Tuesday’s session ahead of the crucial GST Council
meeting. The Sensex gained rose 206 points to close at 41558. The Nifty gained
56 points to close at 12221. The market hit record high on the
expectations of measures from the Centre to support the economy. Metals &
IT stocks traded higher on hopes that easing trade tensions could ensure global
growth and increase the order intakes. With the budget around the corner,
the government is planning to steer the ship by bringing measures to boost
consumption.
Wednesday, November 20, 2019
BANKBARODA 105 CALL& VEDL 140 PUT ACHIEVED TARGET
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Bulls continued to rule
the D-street. Market indices ended higher but off day's high with Nifty ended
around 12000 level, while Sensex off its record high. At the time of
closing, the Sensex was up 181 points at 40651, while Nifty was up 59 points at
11999. The Sensex touched a fresh record high of 40816 during the
day.
Thursday, November 22, 2018
NEXT WEEK NIFTY PREDICTION & CHARTS 26 NOV TO 30 NOV 2018
WEEKLY RESISTANCE FOR NIFTY:
10600, 10700, 10800
PIVOT POINT: 10500
WEEKLY SUPPORT FOR NIFTY: 10400,
10300, 10200
WEEKLY CHART FOR NIFTY
WEEKLY RESISTANCE FOR NIFTY:
10600, 10700, 10800
PIVOT POINT: 10500
WEEKLY SUPPORT FOR NIFTY: 10400,
10300, 10200
WEEKLY CHART FOR NIFTY
NIFTY: A STRONG SUPPORT WILL BE @ 10350;
STRONG RESISTANCE LEVEL SEEN @10750
According to Pivot charts, the key support
level is placed at 10475, followed by 10375. Nifty forms a bearish belt hold pattern.
The index took support at its, 20-EMA placed at 10500, and 10400 respectively..
If the index starts moving upwards, key resistance levels to watch out are
10700 and then 10800. Nifty may witness some consolidation before resuming its
uptrend towards 10900-11000 levels. On the downside, immediate support is seen
at 10500-10530 levels. The consistent sell-off amid volatility indicated that
cautious approach would be prudent strategy now.
Saturday, October 6, 2018
NEXT WEEK NIFTY PREDICTION & CHARTS 8 OCT TO 12 OCT 2018
Unchanged repo rate totally vanished the presence of bulls in the market. Bears may pull down nifty till 10,000 in the coming week.
WEEKLY RESISTANCE FOR NIFTY:10500,10700,10900
DAILY RESISTANCE FOR NIFTY: 10350,10450,10550
WEEKLY RESISTANCE FOR NIFTY:10500,10700,10900
PIVOT POINT: 10200
WEEKLY SUPPORT FOR NIFTY : 10000,9800,9600
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 10350,10450,10550
PIVOT POINT:10200
DAILY SUPPORT FOR NIFTY : 10100,10000,9900
DAILY CHART FOR NIFTY
Domestic equity market witnessed a sudden selling
pressure after the Reserve Bank of India kept rate unchanged at 6.50 %. The
index settled the day 792 points, lower at 34377. Its counterpart Nifty ended
at 10316, down 282 points. On Friday Monetary Policy Committee (MPC)
today decided to keep the policy rate unchanged. This was a positive surprise
for the markets with the consensus expectation being a hike of 25 bps. RBI policy announcement of keeping rates
unchanged is a surprise; this may lead to a negative impact especially the
currency market.
Trading for the week began slightly lower as indicated by the SGX Nifty. Subsequently, in the initial hours, we did see some attempts to recover from early morning lows. However, a strong bout of selling dragged the index significantly lower and within no time, index corrected towards 10800. Things looked extremely bleak at one point; but fortunately, our markets attracted enormous buying interest at lower levels and throughout the second half, there was broad-based rally seen to reclaim the 11000 mark. On Monday nifty future closed at 11061. On Tuesday market was closed on accounts of Gandhi Jayanti. There is no respite for our markets as Monday’s recovery did not last long. On Wednesday, market opened slightly lower and then traded in a range throughout the first half. There were a couple of attempts made to bounce back from lower levels but all eventually got sold into. In fact, the selling aggravated towards the fag end of the day to conclude the day with a massive cut of 1.5% from the previous close. Wednesday nifty future closed at 10893. On Thursday gap down opening was very much in-line with what SGX Nifty was suggesting early in the morning. However, things worsened as the day progressed and in the course of action, the Nifty corrected more than 300 points on an intraday basis. There were couple of attempts made to see some respite but all got sold into as the selling pressure was quite fierce at higher levels. In terms of index, Thursday was a terrible day for our benchmarks as it was the biggest single day loss (on closing basis) in the recent past, nifty future closed the day at 10631.
Trading for the week began slightly lower as indicated by the SGX Nifty. Subsequently, in the initial hours, we did see some attempts to recover from early morning lows. However, a strong bout of selling dragged the index significantly lower and within no time, index corrected towards 10800. Things looked extremely bleak at one point; but fortunately, our markets attracted enormous buying interest at lower levels and throughout the second half, there was broad-based rally seen to reclaim the 11000 mark. On Monday nifty future closed at 11061. On Tuesday market was closed on accounts of Gandhi Jayanti. There is no respite for our markets as Monday’s recovery did not last long. On Wednesday, market opened slightly lower and then traded in a range throughout the first half. There were a couple of attempts made to bounce back from lower levels but all eventually got sold into. In fact, the selling aggravated towards the fag end of the day to conclude the day with a massive cut of 1.5% from the previous close. Wednesday nifty future closed at 10893. On Thursday gap down opening was very much in-line with what SGX Nifty was suggesting early in the morning. However, things worsened as the day progressed and in the course of action, the Nifty corrected more than 300 points on an intraday basis. There were couple of attempts made to see some respite but all got sold into as the selling pressure was quite fierce at higher levels. In terms of index, Thursday was a terrible day for our benchmarks as it was the biggest single day loss (on closing basis) in the recent past, nifty future closed the day at 10631.
NIFTY:
A STRONG SUPPORT WILL BE @ 10100; STRONG RESISTANCE LEVEL SEEN @10500
Monday, March 26, 2018
NIFTY PREDICTION & FREE NIFTY TIPS FOR 27-03-18
BUY DLF 210 CALL @ 2.2 TGT 2.8/3.9
BUY NIFTY 10200 CALL @ 34 TGT 49/66 SL 16
Expiry week kicked on robust note and gained more than a 1%. Thesensex
& nifty trimmed morning lossses to end sharply higher after reports
suggested that the United States and China have quietly started negotiations to
improve US access to Chinese markets, thereby easing fears of a trade war
between the two economic giants. Bargain
hunting combined with short covering helped the index move higher. Market
closed sharply higher as the Sensex was up 469 points at 33066 and the
Nifty gained 132 points at 10130.
Tuesday, March 20, 2018
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 21 MARCH 2018
OR WHATSAPP ME ON 9039542248
Snapping its five-session
losing spree, The Sensex closed Tuesday's session in the green on gains in
metal, pharma, IT, auto and PSU bank stocks. Nifty fluctuated before finishing modestly higher on Tuesday as traders
covered short positions after recent string of losses. The Sensex rose 73
points t to 32996 while the Nifty index ended up 30 points at 10124. Underlying
sentiment remained somewhat cautious as investors weighed prospects of a 25
basis point hike in interest rate by the U.S. Federal Reserve this week.
Friday, March 9, 2018
NIFTY WEEKLY PREDICTION FOR NEXT WEEK 12 MARCH TO 16 MAR 2018
WEEKLY
RESISTANCE FOR NIFTY: 10401,10560,10701,10842
PIVOT
POINT: 10278
WEEKLY
SUPPORT FOR NIFTY : 10119,10057,9996,9855
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 10281,10344,10451,10558
PIVOT
POINT:10237
DAILY
SUPPORT FOR NIFTY : 10174,10130,10023,9916
DAILY CHART FOR NIFTY
Sensex opened
the week at 33820, made a high of 33957, low of 33065 and
closed the week at 33307. Thus the Sensex closed the week with a loss of 261
points. At the same time, the Nifty opened the week at 10369, made a high
of 10437low of 10155 and closed the week at 10218. Thus the Nifty
closed the week with a loss of 224 points. Sensex and nifty ended largely flat
on Friday taking cues from their Asian counterparts.Market opened gap up but
could not sustain the rally. Within few minutes bears have attacked the bulls
and market turned negative.Among Sectoral indices, the Nifty PSU Bank
index ended 1.81% lower led by a fall in the shares of Canara Bank,
IDBI Bank and Oriental Bank of Commerce.
Thursday, February 8, 2018
NIFTY PREDICTION & FREE NIFTY FUTURE TIPS FOR 9 FEB 2018
The market logged a strong recovery today with gains of nearly 1% each,
ending the seven-day losing streak since the Modi government presented its last
full year Budget last Thursday before it goes to Lok Sabha polls in 2019.
Markets were buoyed as brighter corporate earnings improved sentiment. While
Sensex rose 330 points to 34413 level, Nifty staged a 100 point recovery from
Wednesday's lows. The key indices started on a positive note in early trade and
held on to their gains throughout the day, recording 552 points and 161
points gains intraday, respectively compared to yesterday's close.
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