NIFTY WEEKLY REPORT FOR 14 AUG–18 AUG 2017

WEEKLY RESISTANCE FOR NIFTY: 9986, 10047, 10144, 10241

PIVOT POINT: 9925

WEEKLY SUPPORT FOR NIFTY :  9828,9731,9670,9609

WEEKLY CHAT FOR NIFTY

DAILY RESISTANCE FOR NIFTY: 9769, 9788, 9814,9839

PIVOT POINT: 9749

DAILY SUPPORT FOR NIFTY :  9724,9698,9679,9659
DAILY CHART FOR NIFTY

Sensex opened the week at 32377, made a high of 32396, low of 31128 and closed the week at 31213. Thus the Sensex closed the week with loss of 1112 points. At the same time the Nifty opened the week at 10099, made a high of 10119 low of 9710 and closed the week at 9737. Thus the Nifty closed the week with loss of 356 points. Continuing tension between the US and North Korea weighed down Indian equity markets as the benchmarks closed more than 1 per cent lower on friday.This is the fifth straight session of declines for the Indian benchmarks, making it the worst weekly performance since February 2016. During the week, the Sensex fell a little over 5 per cent.

NIFTY OUTLOOK & FREE NIFTY FUTURE TIPS FOR 10 AUG 2017

Market ended Wednesday trading session on bearish note. Geopolitical tensions hit market sentiment.The Sensex fell over 200 points to end at 31797 level. Today nifty future has broken the  major support level 9950-9930 & closed at 9913. Nifty future opened at 9977 made a high of 9989 & low of 9912. 

NIFTY FUTURE REMAIN IN CORRECTIVE MODE;9950 SUPPORT

Bears tighten their grip on dalal street. The Sensex lost 88 points to open at 31926 and Nifty future came down by 23 points to start trading at 9977.  The slump refused to arrest as Sensex soon slid below the psychological marks of 31900 and Nifty future touched the support level 9950 respectively. Nifty future has recovered from day’s low and has managed to hold its crucial support of 9930 level. Bank Nifty on the other hand has also recovered from day’s low, trading above its crucial support of 24400 mark.

NIFTY VIEW & NIFTY FUTURE LEVELS FOR TOMORROW 09 AUG 2017

Today markets saw a major downturn as banking stocks took serious blows after Sebi directed bourses to initiate action against 331 suspected shell companies on Monday. The Sensex lost 260 points to close on 32014 for the day while the Nifty future ended trading on 10004 down by 87 points. Analysts had said that the 9975 level would be crucial for Nifty future amid losses. The markets had opened on a positive note and recovered losses incurred on Monday. But, soon the bourses slipped into the red with Sensex losing as much as 359 points to hit the day-low of 31915 in intra-day trade. Nifty future too lost 87 points to hit day-low of 10004.

NIFTY FUTURE NEAR 9950 LEVEL...!!!!

Pull back rally was witnessed in the market on Tuesday & continued to trading in negative territory in afternoon trading session due to selling pressure in oil and bank stocks. Nifty future has broken the major support level 10000 & made a low of 9958.

NIFTY WEEKLY PREDICTION & CHARTS FOR 07 AUG TO 11 AUG '17

CHECK OUT WEEKLY STOCK FUTURE CALL ON  https://beststockfuturecalls.blogspot.in/ 

WEEKLY RESISTANCE FOR NIFTY: 10096, 10120, 10158,10197

PIVOT POINT: 10072

WEEKLY SUPPORT FOR NIFTY :  10033,9995,9971,9947

WEEKLY CHAT FOR NIFTY

DAILY RESISTANCE FOR NIFTY: 10116, 10148, 10167,10185

PIVOT POINT: 10083

DAILY SUPPORT FOR NIFTY :  10065,10046,10014,9981

DAILY CHART FOR NIFTY

Sensex opened the week at 32414, made a high of 32612, low of 32122and closed the week at 32324. Thus the Sensex closed the week with gain of51points.At the same time the Nifty opened the week at 10038, made a high of 10149 low of 10018and closed the week at 10111. Thus the Nifty closed the week with gain of72points.The Sensex and Nifty ended higher on Friday, reversing earlier losses, on bargain-hunting in consumer durables, metal and PSU stocks amid weak global cues.

range-bound nifty FOR TARGETS 10100-10400.

Not only did the Nifty enter the much awaited 5-digit club last week, but also managed to close above that from two weeks. Nifty entered the consolidating zone (10000-10100) . in the process achieved the long term Bullish target. Interestingly, niftyis facing a stiff Resistance in the form of upward sloping Trend line.which is at Nifty – 10125. In the short term the upward movement of the indices will be challenged as it will not only face strong Trend line Resistance and the confluence zone of targets,

NIFTY CLOSING FOR FRIDAY 04 AUG 2017

On the week ended Friday The nifty future is trading below support level 10055. Nifty future has opened at 10028 made a high of 10054 & came down to 10018 level.  The index was pulled lower mostly by Sun Pharma, Lupin, Dr Reddy’s, Cipla, ONGC and Reliance Industries.

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 4 AUG 2017

"CALL GIVEN YESTERDAY SBIN 295 PUT ACHIEVED 1ST TGT"

Bears took the charge on dalal street on Thursday. In today’s trading session, index took resistance at the upper band of the channel as we witnessed some sort of profit booking after the RBI policy. The Nifty future opened at 10087 level, but profit booking dragged the index towards its day’s low and closed at 10038.

NIFTY PREDICTION & FREE NIFTY TIPS FOR 3 AUG 2017

Market is consolidating in very narrow range. Nifty future is shuttling between 10050 & 10080 range. IOC rallied 4 % ahead of Q1 earnings due later today. The reason of the market not performing was very much technical. In the coming days as well, we will continue to see technical factors weigh heavy on market performance.

RBI MONETARY POLICY ; REPO RATE CUT BY 25 BASIS POINTS TO 6%

THE RBI CUT THE REPO RATE BY 25 BASIS POINTS TO 6%,TRIGGERING HOPE OF LOWER BORROWING COSTS FOR HOUSEHOLDS, AND COMPANIES AHEAD OF THE FESTIVAL SEASON.

OPTION TRADING TIPS: STRANGLE IN SBIN WITH BEARISH BIAS

FOR CREDIT POLICY WE HAVE GIVEN SBIN STRANGLE STRATEGY TO CHECK STRATEGY VISIT LINK  
OPTION TRADING TIPS: STRANGLE IN SBIN WITH BEARISH BIAS

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 1 AUG 2017

HINDUNILVR FUTURE GIVEN ON  27 JULY POST ACHIEVED 1ST TGT

SUZLON NOT EXECUTED

"BUY HINDALCO 235 CALL@ 3.3 TGT 4.2/5.4 SL 1.5"

"SELL HDIL FUTURE BELOW 87 TGT 86.40/85.80 SL 88.20"

Go short on rallies at 10100 with a stop-loss at 10150
The Nifty opened at 10050 , made an intraday high of 10112 and and make a low of 10048 and closed at 10102. The outlook is bullish. Resistances are at 10120 and 10145. A fall to 10050 looks likely now. Inability to reverse higher from 10120 can drag the index futures lower to 9,950-9900.

NIFTY WEEKLY REPORT FOR 31 JULY–04 AUG 2017

WEEKLY RESISTANCE FOR NIFTY: 10071, 10123, 10172,10221

PIVOT POINT: 10018

WEEKLY SUPPORT FOR NIFTY :  9969,9920,9868,9815

WEEKLY CHAT FOR NIFTY

DAILY RESISTANCE FOR NIFTY: 10045, 10063, 10076,10088

PIVOT POINT: 10027

DAILY SUPPORT FOR NIFTY :  10002,9984,9966,9935
DAILY CHART FOR NIFTY

Sensex opened the week at 32170, made a high of 32668, low of 32170 and closed the week at 32273. Thus the Sensex closed the week with gain of 251 points.At the same time the Nifty opened the week at 9957, made a high of 10150 low of 9952 and closed the week at 10039. Thus the Nifty closed the week with gain of128 points. Nifty pared losses in last leg of trade to end the first day of August series above 10,000-mark, up 1% for the week.  Sensex, on the other hand, also ended marginally lower for the day but up 1% for the week.

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 28 JULY 2017

"SELL HINDUNILVR FUTURE BELOW 1165 TGT 1155/1142 SL 1178"

"BUY SUZLON FUTURE ABOVE 20.20 TGT 20.50/20.90 SL 19.80"

Another record closing high of nifty & that too on expiry day, The Sensex was unchanged at 32383 while the Nifty Index remained unmoved at 10020. In first half, buoyancy in the banking and financial pack pushed the nifty & sensex higher but profit taking eliminated all the gains by the end. Meanwhile, traders were busy in rollover and unwinding of their derivatives positions.

NIFTY 10,000 WHAT NEXT ?????

TO CHECK WHICH SCRIP U HAVE TO BUY AT THIS LEVEL PLZ VISIT http://beststockfuturecalls.blogspot.com/

Cheer for nifty 10000..!!!! Historical day for nifty…. The Nifty future entered into the 10000 zone in today’s trading session.  The Nifty future has opened on a flattish note at level 9975, but started surging and breached the 10,000 peak in afternoon trades only, after that it slipped soon and made a low of 9964. However on the back of metal and bank stocks, the bourse once again went past the milestone, this time holding on to the gains made a high of 10032 & finally closed at 10030 level. Nifty was trading marginally higher as investors were awaiting the outcome of a Federal Open Market Committee meeting. Traders covered their short positions ahead of the July derivatives expiry tomorrow, building up the momentum. Better first quarter results and short covering ahead of F&O expiry took the market to new heights... On the global front, rising consensus expectations for status quo on US key interest rate is providing support to the market.

NIFTY FUTURE NEAR ALL TIME HIGH ; 10,000

Nifty future lost in race just before touching the finishing line because it was facing the strong resistance at the level of 10,000… but still the race is not over. Soon we may see nifty future above 10,000, so all the readers are invited to my blog for enjoying the trades at new high.

WILL NIFTY TOUCH 10,000 IN THIS WEEK ?????

Nifty missed making history by a whisker, falling short of the historical 10000-mark by barely 18 points at the day’s high.  Nifty see-saw between the level 9960 and 9980 & settled at a new record closing high of 9966 points. The sensex, which touched an all-time high of 32320 points today, settled at record closing high of 32245, up 217 points.

NIFTY WEEKLY REPORT FOR 24 JULY –28 JULY 2017

WEEKLY RESISTANCE FOR NIFTY: 9889, 9956, 9991, 10026

PIVOT POINT: 9822

WEEKLY SUPPORT FOR NIFTY :  9787,9752,9685,9618

WEEKLY CHAT FOR NIFTY

DAILY RESISTANCE FOR NIFTY: 9905, 9920, 9938,9962

PIVOT POINT: 9889

DAILY SUPPORT FOR NIFTY :  9880,9871,9856,9840
DAILY CHART FOR NIFTY

Sensex opened the week at 32111, made a high of 32124, low of 31716 and closed the week at 32022. Thus the Sensex closed the week with gain of22 points.At the same time the Nifty opened the week at 9926, made a high of 9942 low of 9832and closed the week at 9911. Thus the Nifty closed the week with gain of8points.Indices ended higher after Reliance Industries rallied nearly 4%. Earlier in the day, RIL chairman Mukesh Ambani, announced a 1:1 bonus issue at the company's 40th annual general meeting (AGM) in Mumbai.

Go long AT every decline with SL at 9,830

A key intraday support is at 9,850. The contract will come under pressure only if it breaks below this support. Such a break can take it lower to 9,830 and 9,790.But as long as the contract manages to sustain above 9,900, there is a strong likelihood of it seeing a fresh rally to 9,930 and 9,970.Short-term traders can go long at every dip with Stop-loss can be placed at 9,830 for the target of 9,930/9970.

NIFTY PREDICTION & FREE NIFTY TIPS FOR 21 JULY 2017

"LAST POST HINDUNILVR FUTURE ACHIEVED 1^ST TGT"

Market ended on bearish note, with the Nifty closing below 9900, while the Sensex ended one-fifth of a percent lower. Today Nifty was struggling below 9900 level. The broader NSE Nifty closed 0.27% lower at 9873, while the Sensex fell 0.16% to 31904. Sentiments were hit as investors turned cautious ahead of quarterly earnings from heavyweight Reliance Industries Ltd. Quarterly results were likely to remain the main driver of the market in the weeks ahead, at a time when strong gains have raised concerns about valuations. What we see is caution in the market for the near term because of high valuations and as expectations from first-quarter earnings are muted.

NIFTY PREDICTION & FREE NIFTY CALLS FOR 20 JULY 2017

"VEDL 275 CALL @ 4.5 TGT 6.8/7.8 SL 2.9"

"SELL  HINDUNILVR FUTURE BELOW 1155 TGT 1148/1141 SL 1162"

Bulls are back on driver seat..!!! After trading low and seeing the biggest single-day plunge in eight months, market opened in green on Wednesday. The Sensex was 102 points up and opened at 31813 while the Nifty was about 30 points up to open at 9854.indices ended the session on a strong note, with the Nifty closing just a tad lower than 9900-mark. The Sensex closed up 244 points at 31955, while the Nifty ended up 74 points at 9901. Market sentiments lifted by good progress of monsoon, consistency in USDFA approvals, stable earnings so far and positive global cues.