NIFTY FUTURE OUTLOOK FOR THURSDAY 18 SEPTEMBER, 2014

The bear are on track; Nifty future started at 7994 but could not sustain this level and dropped till 7962.It made a high of 8010 at the time of closing it tried it tried to get recover & Finally ended at 7992 Total 48 points Was played by Nifty future throughout the day.Whole day one positive thing was there, that nifty won't brake down the level of 7950 t.In case, there is for strong recovery in the market, the Nifty future needs to get past the first critical supply zone between 8020 and 8050 range. Once again, the level of 8035 comes now if the index remains below this level it would signal a new phase of weakness coming in, which, by the way, is all but natural due to US Fed two-day policy meet which ends later today.

NIFTY TECHNICAL CHECK UP

After being long since 5500 levels and riding the full momentum, We thought of revisiting the Nifty Technical Set-up and come up with an outlook and possible scenarios on the eve of Modi Government’s Maiden budget to benefit the subscribers, Advisors, Dealers, Investing community and other market participants in large

While there is no doubt, that we are in a “Bull Market” and should stay invested in equities, the only question that remains unanswered is the entry point and timing. Entry point and timing is especially crucial for investors/ portfolio managers who were caught unaware by this tremendous rally and who remained on the sidelines by choice or by compulsion.

Few Technical observations

~ Nifty has rallied exactly 50% from August low of 5119 to recent high of 7700 in flat 9 months.

~ An index giving 50% return in just 9 months after 6-7 years of consolidation tells us something. It is shouting from the top of the roof that the “Bull Market” has started and is here to stay for a longer period of time

~ Nifty has however become highly overbought and has rallied ahead of its time by showing such a tremendous performance

Possible Scenarios’s

~ In such a scenario where Nifty has become overbought and has rallied ahead of it’s time, 2 things can possibly happen.

a)      Price Wise Correction

b)      Time wise Correction

~The Basic tenets of “technical Analysis” will help us to answer the question of the magnitude of Price Wise Correction and/or time Correction. The Basic tenets of Technical Analysis are

a)      The market Discounts everything

b)      Price moves in Trends

c)       History repeats itself

~ We believe markets have very well factored in the “Formation of Modi Government” and therefore are not able to sustain above May 16 highs and hence investing just on the basis of new government in centre would be a repetitive loop which could backfire. In other words we need fresh trigger points for the Nifty to move up going forward...

MUST KNOW BEFORE TRADING IN NIFTY

• Nifty could gain 11.50 points at the opening bell.

• The Indian rupee ended higher by 37 paise to close at 9-month high of 59.68 against the green currency on fresh selling of dollars by banks and exporters on the back of persistent foreign capital inflows into equity market.
• Down jones 101 points down  16,613.
• NIKKIE 126  points down  @ 14,279
• HENG SENG 68  points up @ 22,651.
• Results today  : Bajaj Auto and NTPC 

LEARN MORE ABOUT NIFTY

People invest a lot of money in the stock market. They do so with the hope of earning huge returns and benefits. But they just go for trading without having any knowledge of the market or by self analysis. If you wish to really earn money in the stock market, then it is always better to go for nifty trading, but always having knowledge of the market and also with the help of good analyst.

Trading the Nifty

There are many investors who do not deal in stocks but they prefer to trade the nifty. When you get the trading experience, you will come to know that it is very easy to take a directional call on the broader market than in individual stocks. You can be quite sure that economy does well in the market, and then nifty will always do well and vice versa.

There are many people who trade the nifty with the aim of earning huge profits. But it is always better to take advice of the analysts. If you wish to go for this type of trading. Because a small mistake that you make might lead you to lead huge losses in with your capital. The movement of stocks tend to be cyclical, news driven or even range bound in certain periods of time. There are also investors who wish to go for intraday trading. This type of trading is useful for short term investment.

KEEP AN EYE ON BANKS ON 06-05-14

The call of LT given on Friday achieved first target.

NIFTY FUTURE OUTLOOK FOR TOMORROW

NIFTY   settled  at 6731 marginally lower in  a choppy trading session. The market edged higher in early trade. It trimmed initial gains and hit fresh intraday low 6111  in morning trade. It hovered in positive terrain in mid-morning trade. Index was  trading marginally higher 6777.80  in early afternoon trade The weekly chart has also given a sell signal this time. The import of both the bar chart and the candlestick chart--when viewed with weekly data—shows the possibility of further upswing .....

KEYS TO TRADE IN NIFTY FOR 17-APRIL-2014

• On Wednesday The rupee lost five paise to 60.28 against the US dollar.
• Trading of Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 11.50 points in morning session. 
• Down jones 162 points up  16,424.
• NIKKIE 51 points down  @14,365.
• HENG SENG 58  points up @22,754
• Upcoming result : Wipro Ltd. , HCL Technologies Ltd. , GlaxoSmithKline Pharmaceuticals Ltd. , Crisil Ltd. , Liberty Shoes Ltd.

MUST KNOW BEFORE TRADING IN NIFTY

• The rupee on Tuesday lost six paise and closed at 60.23 against the dollar on sustained dollar demand from importers
• Trading of  Nifty futures on the Singapore stock exchange indicates a flat opening of market.
• Down jones 89 points up  16,262
• NIKKIE 316 points up  @14,313
• HENG SENG 142  points up @22,814
• Results today  : Tata Consultancy Services Ltd. , IndusInd Bank Ltd. , MindTree Ltd. , Reliance Industrial Infra Structure Ltd. , RS Software (India) Ltd

THE LEVEL OF 6800 HURDLE FOR NIFTY

NIFTY FUTURE OUTLOOK FOR TOMORROW

Nifty was nearly 50 points down today. Infy gains as Q4 profit beats estimates.Nifty future started at the level of  6900 the high  of today  but then fell till 6735 low of the day.

It could not cross even the level of 6800 in intraday trade. Now nifty may face a hurdle to cross the level of 6780 tomorrow ,if manages to cross this level then next level of 6820-6840 is to be  monitored for tomorrow.....

MUST KNOW BEFORE TRADING IN NIFTY

§  The rupee continued to decline against the American currency for the 2nd consecutive week by dipping another 9 paise to 60.17 per dollar on persistent demand of US currency from banks and importers.
§  Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 21 points at the opening bell
§  Down jones 146 points up 16,173
§  NIKKIE 114 points up @14,024.
§  HENG SENG 109  points down @22,929
§  Result today: nfosys Ltd.

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....

BULLISH NIFTY ABOVE 6800 TOMORROW

"Buy Ibrealest 65 call @1.60 tgt 2.2/2.8 Sl 0.90"

for more calls please check out two days free trail........

NIFTY FUTURE OUTLOOK FOR TOMORROW

As we have predicted in last post nifty future managed to cross 6800 today on sustainable basis. Nifty made a intraday high of 6847 and a low of 6748 today. Very good volatile trading session today ,nifty managed to move up by  nearly 100 points.The index bounced back sharply on last Monday to close at 6695 in the process, it is signaling the possibility of a recovery today The other two significant resistance levels are 6840 and 6860 before it tests 6900 or higher levels. ...

NIFTY AT ALL TIME HIGH

Sell Tatamotors future below 411.40 tg 410,408.50 sl 413.90

Buy Nifty future above 6780 tg  6810,6830,6870 sl 6750

NIFTY FUTURE OUTLOOK FOR TOMORROW

Market reverses after scaling record high of 6799.65  i.e almost 6800 which we have predicted yesterday .Nifty fell till the level of 6736 again bulls captured driver seat and made nifty future to settle at the level of 6774.The index continues to move up and is now within the striking distance of the much cherished level of 6820....

NIFTY OUTLOOK FOR TOMORROW

 A very good volatile trading session was witnessed today, nifty future had good start at the level of 6765 later it dropped till 6705 in noon session again marched to end in 6761.We got our second  ever Nifty close above the 6700-mark and also another record high at 6765 ; the latter is happening every day for the last six sessions consecutively—it’s as if we have grown habituated by it. So far, so good! Now, the first sign of   the bullish armor is visible today it’s a bearish pattern but it needs follow on selling. We ought to understand that this suggests a probable sell off in case we sustain below 6670 on good volume activity. However, so long as the level of 6650 is held, the bulls can again push it up higher. Tomorrow nifty level of 6775-6790  is to be monitored .

KEYS TO TRADE IN NIFTY FOR TUESDAY

• The rupee breached the 60-per-dollar mark for the first time in eight months on Friday
• Trading of Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 20 points in morning session.
• DOW JONES  134 points up @ 16,457.
• NIKKIE 42  points  down  @114,785
• HENG SENG 210 points up @ 22,361
• Upcoming Results: Kitex Garments Ltd

NIFTY ABOVE 6700

NIFTY FUTURE OUTLOOK FOR TUESDAY

The Week begun on a green note, today nifty future crossed the level of 6700..Nifty Future opening at 6759..made a high of 6765 and low of 6706 and ended at 6739..nifty future moved in a range of 59 points throughout the day... Today the markets didn't make so much gains, but it hit the new highs..

We are expecting the uptrend is likely to continue Tomorrow also in the near term as India is better placed as investment destination than other emerging markets..

NIFTY OUTLOOK FOR MARCH EXPIRY

Buy Tatasteel  360 Apr call @ 5.40 tg 6.90,7.60 sl 2.95
Sell Axis bank future below 1470 tg 1411,1400 sl 1434
NIFTY OUTLOOK FOR TOMORROW 

Index was bullish in  morning trade,but as we mentioned yesterday if nifty future manage to cross the level of 6625 then more upmove can be seen .But nifty made a high of 6620 only,even nifty couldnot sustaion the level of 6610 till he end. Tomorrow  expiry of f and  o  march series  is expected above  6600. ...

KEYS TO TRADE IN NIFTY

• On Tuesday Indian rupee gained 29 paise to close at seven-month high of 60.48 against the dollar on sustained selling of the US currency by exporters and banks.
• DOW JONES 91  points up @ 16,367
• NIKKIE 23 points up @14,447
• HENG SENG 266 points down @ 21,998
• Results today : Warren Tea Ltd.

NIFTY MARKET UPDATES FOR TODAY

• Tracking strong performance in Indian stocks, On Monday the Indian rupee appreciated 12 paise against the US dollar to end at an over six-and-a-half month closing peak of 60.77 buoyed by sustained capital inflows.
• DOW JONES 26  points down @ 16,276
• NIKKIE 50 points down @14,425
• HENG SENG 50  points down @ 21,796
• Results today: Tamil Nadu Telecommunications Ltd.

BULLS ARE BACK IN ACTION

On monday market index  get initial gains in the opening bell. The Sensex, and the Nifty, both, hit record high. The Sensex was up 267.88 points, up 195.70 points from the day's low and off 23.38 points from the day's high. The overall health of the market, was positive.Market  edged higher in early trade on firm Asian stocks.

KEYS TO TRADE IN NIFTY

• Trading of Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 32 points at the opening bell. 
•  The Indian rupee  surged 45 paise, its biggest daily gain in two weeks, to end at 60.89 versus the US dollar on massive capital inflows linked to the government stake sale in Axis Bank.
• DOW JONES 28 points down @ 16,302
• NIKKIE 259 points up @14,484
• HENG SENG 225 points up @ 21,662
• Upcoming Results: Tamil Nadu Telecommunications Ltd.