NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 17 APRIL 2020

After a bearish opening on back of global cues, the market bounced back and gave a strong recovery. Moreover, most of the time of the first half, the index traded in a range bound move, though after giving a breakout of the same, nifty made a high near 9090 level. During the trading session, we saw a good move in Banknifty compared to Nifty and settled with the gain of 2.3%. At present level, the nifty have a good support at 8800 while upside resistance comes at 9100, if the Index sustains above 9100 then we may see an upside movement up to the level of 9300.

NIFTY WEEKLY OUTLOOK & OPTION CALL PUT TIPS FOR 13 APRIL TO 17 APRIL 2020

FOR TARGET UPDATE CONTACT ON WHATSAPP 9039542248
WEEKLY RESISTANCE FOR NIFTY: 9200, 9500,9700

PIVOT POINT: 9000

WEEKLY SUPPORT FOR NIFTY:  8700, 8500, 8300

WEEKLY CHART FOR NIFTY

DAILY RESISTANCE FOR NIFTY: 9100, 9200, 9300
PIVOT POINT: 8950

DAILY SUPPORT FOR NIFTY:  7900, 7800, 7700
DAILY CHART FOR NIFTY

Nifty and Sensex snapped a seven-week losing streak, jumping about 13% in three sessions to Thursday. The indices recorded their best week since May 2009 and closed at three-week highs. As Monday market was closed on accounts of Mahavir jayanti , trading for the week started from Tuesday. Tuesday 7 April 2020 belongs to bulls. Before closing the market nifty hits the upper circuit.   Market is largely being driven by developments on the coronavirus front. A sustainable recovery would happen only when the cases start to recede in India and lockdown is eased gradually. Due to weak global cues market indices shown weakness in the last `hours of trading session in Wednesday, after some respite in Tuesday & Wednesday’s morning session. The Sensex traded above 29800 levels, with a cut of over 200 points while the Nifty was back below the 8750 level after surging as high as 9131 earlier iin the session.  The Sensex ended 170 points lower at 29893 while Nifty slipped to 8748. Banknifty slipped 116 points to 18946. Friday market is closed on accounts of Good Friday.

NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 8 APRIL 2020

Tuesday 7 April 2020 belongs to bulls. Before closing the market nifty hits the upper circuit.   Market is largely being driven by developments on the coronavirus front. A sustainable recovery would happen only when the cases start to recede in India and lockdown is eased gradually.

NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 7 APRIL 2020

With negative closing on the mast week ended Friday, the market fell for seven consecutive weeks for the first time since June 2008. The Sensex and Nifty have cracked 33% each in the last seven weeks. The  Sensex crashed nearly 700 points on Friday, led by losses in banking stocks, as investor sentiment remained jittery amid concerns over the COVID-19 pandemic and its economic impact. After hitting a low of 27500 during the day, sensex ended 674 points, lower at 27590. Similarly, the Nifty 50 settled below the 8100-mark at 8083, down 170 points. Despite day to day volatility, the Nifty has witnessed a parabolic sharp downside if we look at the weekly charts. Presently, the weekly charts are deeply oversold and despite the tentative trade setup, a technical pull back can be positively expected. If the immediate intraday low is held, the chances of a technical pullback would increase even if there is no confirmation of any temporary base in place. 

NIFTY "WHEN IN DOUBT WEAR RED"

Continuing downward trend, the market settled with over 2 % loss on Friday as coronavirus (Covid-19) cases showed no signs of abating. Global confirmed cases surpassed 1 million on Thursday with more than 52000 deaths. Back home, an ongoing 21- day lockdown has already brought the economy to a standstill. The Sensex ended at 27591, down 674 points, while the Nifty index ended at 8084, down 170 points.

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.

MANIC MONDAY NIFTY BELOW 8300 MARK

Market indices were not having a good start of the week. Sensex tanks over 1000  points to close at 28440 & Nifty gone below 8300-mark to close the day at 8281. bears ran riot with coronavirus cases rising in India and abroad, taking lives and forcing businesses to shut down. Along with that a ceaseless dumping of stocks by the foreign investors is also weighing on investor sentiments.

NIFTY WEEKLY OUTLOOK & OPTION CALL PUT TIPS FOR 30 MARCH 3 APRIL TO 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

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.

RECOVERY IN NIFTY CLOSED ABOVE 8600

Market closed in the green for the third straight session on Thursday as the Nifty ended the March series above 8600 level. The Sensex surged 1,411  points to 29946 while the Nifty was up 323 points at 8641 at close.  FM came out with some announcements in terms of a relief package, which was majorly attributed to poor people and farmers who are facing major problems during lockdown, but there was no major thing, which can boost market sentiment while the market has already rallied significantly in the last 2-3 days in anticipation of some kind of announcements.  The key takeaway is that it (FM’s relief package) will provide a solid support to rural and semi-rural economy due to the high amount of benefit in terms of food, cash in hand and job safety. Regarding the market, it will provide safety to defensive stocks such as staple industries, but does not provide any relief to corporates like banks, hospitality and others. It seems that the majority of the benefits announced is factored in the market given more than 15 % bounce from the recent low.

NIFTY OUTLOOK BEFORE THE EXPIRY MARCH 25,2020

A relief day for the market participant nifty settled the day above 7800 mark. A volatile trading session ended on marginally positive note, but failed to retain the sharp recovery of morning session despite Finance Minister Nirmala Sitharaman announced several relief measures for the industry and ended in the green.

NIFTY IS FALLING LIKE DECK OF CARDS

Coronavirus fear continue on the street as indices were down by 13% biggest single day fall. Indian equity markets failed to show any recovery after trading resumed post the first circuit limit. Both Sensex and the Nifty ended with their worst ever one-day decline.nifty closed 230 points down at 8967 & sensex ended 811 points down at 30579. This was on back of the government imposing lockdown in 75 districts all over the country to mitigate the threat of rising coronavirus cases. Overseas, trend was majorly bearish amid rising number of COVID-19 cases, creating liquidity crisis, supply disruptions and chances of a prolonged global recession.

NIFTY BELOW 9000 MARK; MARKET OUTLOOK FOR 20 MARCH 2020

BUY NIFTY 7400 PUT 26 MARCH  190 TGT 250/320

Nifty continue to bleed in Thursday’s session as well due to worries over a case of community spread of the virus, investors fear further impact from Covid-19 and are preferring cash instead of investments. The Sensex closed the day at 28288 levels, down 581 points. Nifty ended at 8263, down 205 points.

NIFTY NEAR 9000 MARK; MARKET OUTLOOK FOR 17 MARCH 2020

Coronavirus impact continues on the market. Market closed near 8% down as moves by central banks across the globe to cut interest rates failed to calm nerves due to coronavirus pandemic on the global economy. The US Federal Reserve slashed interest rates in its second emergency move this month, while its major peers offered cheap US dollars in a bid to prevent global lending markets from collapsing. Reserve Bank of India governor is scheduled to hold a press conference later in the day with many market participants expecting a rate cut. Nifty closed down 7.61% at 9197 while the Sensex settled 7.96% lower at 31390.

NIFTY PREDICTION & OPTION CALLS FOR 13 DEC 2019

"BUY VEDL 150 CALL @ 2.3 TGT 3.3/4.3"

Bulls made a strong comeback in the market & crossed 12000 mark. The Sensex ended 169 points, higher at 40581.Similarly; the Nifty settled 61 points, higher at 11971. Domestic investors were following cues from global markets which advanced on the US Federal Reserve's dovish outlook. The Federal Reserve policy changed the market sentiments. The Federal Reserve made no change in interest rates in an effort to maintain the economic growth. Investors are also awaiting factory output data scheduled to be released later in the day.  

NIFTY PREDICTION & OPTION CALLS FOR 12 DEC 2019

 SBIN 300 PUT ALMOST ACHIEVED 2ND TGT 7 MADE A HIGH OF 6.95

8850 PROFIT  

A lackluster trading session ended on slightly positive note. Finally bulls successful defended the 11900 mark to close at 11919. Upcoming macro indicators such as CPI inflation and IIP data are unlikely to paint a rosy picture, which may reduce upside potential in the near term. On the global front, FOMC meeting, UK election and US tariff deadline remain key events.

As bulls remain in relaxing mood, indices moves are choppy and recoveries are not sustaining. We continue with our near term view of consolidation phase in the market.

NIFTY PREDICTION & OPTION CALLS FOR 11 DEC 2019

SBIN 300 PUT ALMOST ACHIEVED 1ST TGT 6 MADE A HIGH OF 5.9 CONTINUE TO HOLD FOR FINAL TGT 7

TO GET SUCH CALLS IN LIVE MARKET WHATSAPP ON 9039542248 

Bulls are on back foot bears continued to grip the markets in Tuesday’s session also…!!!! Nifty came below 11900 mark. After opening at 11950 nifty made a high of 11953 & came down to 11844 & finally closed at 11856 down by 80 points in intraday. The Sensex ended at 40239 level, down 247 points. Profit-booking continued at the bourses as weak domestic and global economic scenario kept investors on the sidelines. Selling in domestic market accentuated as investors turned more cautious over double whammy of inflationary pressure and weak growth. Another factor which is impacting market is the likelihood of maintenance of status quo on rates by both US Fed and ECB. Given domestic premium valuation of key indices, market is highly susceptible for near term volatility.

NIFTY WEEKLY OUTLOOK & OPTION CALL PUT TIPS FOR 9 DEC 13 DEC 2019

TO GET SUCH CALLS IN LIVE MARKET FILL THE FORM GIVEN HERE >>>>

WEEKLY RESISTANCE FOR NIFTY: 12100, 12200, 12300

 PIVOT POINT: 11900

WEEKLY SUPPORT FOR NIFTY:  11800, 11700, 11600

WEEKLY CHART FOR NIFTY

DAILY RESISTANCE FOR NIFTY: 12000, 12050, 12100
PIVOT POINT: 11900
DAILY SUPPORT FOR NIFTY:  11800, 11750, 11700
DAILY CHART FOR NIFTY

The index has undergone a corrective move in three out of four trading sessions so far this week. Even the market breadth remained in favor of declining counters, which indicates profit booking in individual stocks. At this juncture, it is trading this week with a loss of around 0.31 percent. On the other hand, the Nifty Bank index too suffered some selling and is trading with a loss of 0.73% from its previous week’s close.  Monday morning, the global cues were excellent and were ideal to have a head start for the first week of December. In line with this, we had a gap up opening with a fair margin; but it was merely a formality to remain in sync with the Asian traders. Within a few seconds, the lead got disappeared and we were back below 12100. After this, the Nifty made one more attempt to inch higher but once again this short up move got sold into. During the remaining part of the day, market consolidated with no major movement and eventually ended the session with a negligible loss on Monday. Similar to Monday’s session, the early morning gap up opening was merely a formality as we saw index giving up all gains in few minutes of trade. In fact, the selling aggravated as the day progressed and in the course of action, Nifty was at a kissing distance from 11950. At one point, things looks extremely bleak; but fortunately for us, patient buyers entered on declines which helped index recoup some portion of its losses at the close. On Wednesday once again the escalated concerns over Sino-US trade war spooked the market participants across the globe. Fortunately for us, we did not react so negatively to this development as some of the global peers did. After seeing a marginal cut at the opening, the index picked up strong momentum in the upward direction in first 30 minutes of trade. In the process, Nifty managed to reclaim the 12000 mark. However, the selling recurred at higher levels; resulting into a nosedive below 11950 at the midst. By the grace of god, traders / investors were given yet another opportunity to smile as we witnessed not only a v-shaped recovery but also a convincing break above morning high to end the session by adding over four tenths of a percent to the bulls’ kitty On Wednesday, we had a strong last hour surge in our market, which probably was the reflection of hopes built for yet another rate cut by RBI. In line with this, the market was trading with a positive bias ahead of the monetary policy; but ‘Status Quo’ from RBI clearly disappointed market participants and as a result, the Nifty gave up all gains and slipped into a negative territory. The most sensitive index, Bank Nifty tumbled from morning highs and remained under pressure thereafter. Eventually, the day ended with some cuts on indices as well as the broader market.

NIFTY WEEKLY OUTLOOK & OPTION CALL PUT TIPS FOR 2 DEC 6 DEC 2019

WEEKLY RESISTANCE FOR NIFTY: 12200, 12300, 12400
 PIVOT POINT: 12100

WEEKLY SUPPORT FOR NIFTY:  12000, 11900, 11800

WEEKLY CHART FOR NIFTY

DAILY RESISTANCE FOR NIFTY: 12150, 12200, 12250

PIVOT POINT: 12100

DAILY SUPPORT FOR NIFTY:  12050, 12000, 11950

DAILY CHART FOR NIFTY

In the penultimate week, we saw some indecision in the market around 12000 which eventually resulted into a decline towards 11900. However, on Monday, the week kick started on an optimistic note and marked a fantastic intraday rally to reclaim 12000 with some authority. Clearly the opening day had set the tone for the rest of the week. In-line with this, the rally extended as the week progressed and finally on Thursday, the Nifty surpassed its previous record highs to mark a new number of 12158.80. However on Friday, the Asian bourses once again looked a bit nervous and as a rub off effect of the same, we witnessed some profit booking to conclude the week tad above the 12050 mark.  We have been quite vocal since last few weeks that it’s a matter of time we would see Nifty clocking fresh record highs and finally it’s a reality now. In fact, despite the penultimate week’s tail end decline, we remained firm and advised using this as a buying opportunity. The strategy played out well and in spite of slightly weak day on Friday, we continue with our positive stance on the market. The benchmark index has registered a highest ever weekly as well as Monthly close and the way charts are shaped up, we expect continuation of the northward trajectory.

NIFTY OUTLOOK OF 18 NOV 2019

Monday turned out to be a listless day for the benchmark indices; however, broader market witnessed some buying. The Nifty which flirted with 12000 levels earlier in the month of November soon got hit by selling pressure at higher levels as mixed global cues, and muted macro numbers weighed on investor sentiment. After giving a Golden Crossover on daily
charts on 8 November, Nifty started consolidating in a narrow range.But, technical experts feel that the trend favors consolidation in the near term, but bulls should be able to push the index towards record highs in the next few weeks. The pause is healthy and investors who missed the rally could now get into the markets on every dip.

More about intraday tips on Google +

Resistance: 11950, 12000, 12150

Support: 11900, 11850, 11800

NIFTY PREDICTION & FREE OPTION CALL PUT TIPS FOR 17 SEP 2019

BUY BATAINDIA 1580 CALL @ 20 TGT 25/30

BUY INDIGO 1650 PUT @ 29 TGT 35/42

Bulls are on back foot, Bears continued to rule…  Nifty has started the week on negative note dragged down by oil & gas and energy stocks following spike in oil prices as attacks on key producer Saudi Arabia’s facilities sparked supply fears sapping investors risk appetite. Nifty has started on bearish note below 11000 level at 10994 and made a high of 11052 gradually declined as the session progressed & made a low of 10968 & finally managed to close above 11000 mark at 11003. The Sensex closed 261 points lower at 37123.