Today bulls have shown that they are not ready to give up. After losing
ground in Monday’s trade bulls has shown the strength & bounced
back on Tuesday. This time, the nifty future came close to the 10750 level
before erasing the losses of entire day to settle in the black, suggesting that
the bulls were not in a mood to give in easily. For the day, the nifty
future ended up rising 73 to 10731. Nifty future has opened from 10645
made a high of 10733 and low of 10630. Total 103 points nifty future has moved
in intraday.
Tuesday, July 3, 2018
Monday, July 2, 2018
NIFTY PREDICTION & FREE FUTURE OPTION TIPS FOR 3 JULY 2018
BUY IFCI 17.50 CALL @ 0.25 TGT 0.4/0.6
BUY ICICIBANK 290 CALL @ 3.80 TGT 5.8/7.7
Bulls are on back foot, Bears continued to rule… Nifty has started the week on negative note citing weak global markets cues. It has started on bearish note and gradually declined as the session progressed & finally closed at 1647 down by 47 points. Nifty future has started from 10698 made a high of 10705 and low of 10595, total 110 points moved in intraday.
Saturday, June 30, 2018
NIFTY WEEKLY PREDICTION & CHART FOR 2 JULY TO 6 JULY 18
WEEKLY RESISTANCE FOR
NIFTY:10900,10950,11000
PIVOT
POINT: 10750
WEEKLY
SUPPORT FOR NIFTY : 10700,10650,10600
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY:
10845,10885,10925
PIVOT
POINT:10725
DAILY
SUPPORT FOR NIFTY : 10700,10675,10650
DAILY CHART FOR NIFTY
A highly volatile week has ended on
positive note. The nifty future has started the week from 10807 made a high of
10829 and low of 10550 and finally closed at 10686 up by 118 points. After falling two
consecutive session Sensex registered gain of nearly 400 points on Friday while
the Nifty reclaimed 10700 levels thanks to value buying at lower levels. The
index was trading near key support levels and a technical bounce back was on
the cards. The bulls made their way on D-Street tracking rally in global peers.
The rupee, which breached the 69 per dollar mark for the first time in the
previous trading sessions also recovered. Markets started the June F&O
series on a positive note with all the major indices closing in the green. Nifty
outperformed Bank Nifty index by ~1%. Nifty ended the session 125 points
higher, reversing yesterday’s loses.
Wednesday, June 27, 2018
EXPIRY FEVER GRABS MARKET NIFTY FOR 28 JUN 2018
BUY BANKNIFTY 26400 CALL @ 80 TGT 121/156
BUY UPL 620 PUT @5 TGT 7.5/8.9
Market fell on third day of expiry week due to weak global cues. Shares of oil marketing companies slipped on higher crude prices, and the rupee hit a more than one-and-a-half year low, while traders turned cautious a day before the expiry of derivatives contracts. Markets opened flat and continued to move down for the day on the back of weak global cues and an inherent malaise on the domestic investors. The Nifty future today opened at day’s high of 10811 made a low of 10651 and closed at 10671 down by 95 points.
BUY UPL 620 PUT @5 TGT 7.5/8.9
Market fell on third day of expiry week due to weak global cues. Shares of oil marketing companies slipped on higher crude prices, and the rupee hit a more than one-and-a-half year low, while traders turned cautious a day before the expiry of derivatives contracts. Markets opened flat and continued to move down for the day on the back of weak global cues and an inherent malaise on the domestic investors. The Nifty future today opened at day’s high of 10811 made a low of 10651 and closed at 10671 down by 95 points.
Monday, June 25, 2018
NIFTY OUTLOOK & FREE NIFTY FUTURE TIPS FOR 26 JUN 2018
"BUY NIFTY 10800 CALL @ 28 TGT 39/52"
"SELL NATIONALUM FUTURE BELOW 62.80 TGT 62.20/61.40 SL 63.70"
"SELL NATIONALUM FUTURE BELOW 62.80 TGT 62.20/61.40 SL 63.70"
Today market was like sea of red with few green
islands. Expiry week has begun on bearish note after, nifty future has opened
at 10874 but after making a high of 10819 it came down to 10746 and finally
closed at 10759 down by 74 points. The Nifty has stuck in a broader trading
range between 10700 and 10820 levels since last eight sessions. It failed to
hold above the previous day’s high of 10850 and slipped towards the 10725 level
due to US Treasury department announced its decision to scrutinize Chinese
investments in sensitive US industries concerned with economic and national
security.
Friday, June 22, 2018
NIFTY WEEKLY PREDICTION & CHART FOR 25 JUNE TO 29 JUNE 18
WEEKLY RESISTANCE FOR
NIFTY:10900,10950, 11000
PIVOT
POINT: 10725
WEEKLY
SUPPORT FOR NIFTY : 10630,10600,10525
DAILY RESISTANCE FOR NIFTY:
10875,10930,10970
PIVOT POINT:10700
DAILY
SUPPORT FOR NIFTY : 10675,10650,10625
A see–saw week
for nifty has ended on a positive note. Nifty
closes the week on a positive note though fails to add any gain on weekly basis.
It was a week of consolidation as Nifty was well within a range that has been
in place for a second consecutive week. Despite the gains from heavyweights
like Financials, Pharma, and Pvt. banks along with some muted gains from Energy
space it was the laggards that capped the upside given the fact that they
continue to post gains on the back of sector rotation. The nifty has opened the week at 10830 made a
high of 10837 and low of 10701 and finally closed the week at 10821 up by 4
points. Nifty
is well supported at lower levels of 10650-10700. We have seen the base
building before at crucial level of 10400 which was being sustained for almost
a week to pull up for next rally. We have previously recommended creating long above
10800 and reiterate the same since recent consolidation will pave the way for
bulls towards the higher target of 10950 - 11000.
NIFTY FOR THE
NEXT WEEK
As we step into
the coming week, we will also face expiry of the current derivative series. All eyes are on the OPEC
meet as we await the decision though some key developments may have been priced
in the markets since Iran has been reluctant to participate in easing supply
while it also pointed to unanimity in OPEC meet which is bearish sentiment for
crude. Trade war fears have been there and may continue to make a space in the
sentiments of markets. That being said, Markets have now adjusted to
developments of Trade war and it is now not seen as a risk on market but
basically on sectors that are directly affected by it. Metals is something
which is affected very much by it and should be avoided for short term. Speaking on broad terms, with the Nifty forming a lower top after 11,100 levels
at 10900 , we still rule below this area. There is all likelihood of volatility
refusing to go away and we will see the markets trading in a bit wider range
with good amount of volatility ingrained in the sessions to come. The
resistance points for the coming week are expected to come in at 10895 and
10950. Supports are expected to come in at 10650 and 10575 zone.
Wednesday, June 20, 2018
BANKNIFTY & YESBANK OPTION CALLS FOR 21 JUN 2018
"BUY BANKNIFTY 28 JUN 26700 CALL @
160 TGT 190/240 SL 80"
"BUY YESBANK 340 CALL @ 4 TGT
5.8/7.7"
Bulls are back
on the driver seat. In Wednesday’s trading session nifty snapped two-day losing
streak led by gains Reliance Industries and banking stocks. The nifty future has started from 10725 made
a high of 10796 and low of 10725 & finally closed at 10788 up by 68
points.
Monday, June 18, 2018
NIFTY OUTLOOK & FREE NIFTY FUTURE TIPS FOR 19 JUN 2018
"BUY BATAINDIA 820 CALL @ 19 TGT 24/29 SL 11"
"SELL INFIBEAM FUTURE BELOW 150 TGT 148.80/147.20 SL 152.40"
Tug
of war between bulls & bears was witnessed in starting of week i.e. today
& bears were the winner. Bears tighten their grip on the dalal street &
took the nifty below 10800 mark, but the nifty was trading in very narrow
range. The Nifty future has started the week from 10809 made a high of 10817
and low of 10781 and finally closed at 10879 down by 25 points. Total 36 points
nifty future has moved in intraday. The
Nifty on Monday witnessed selling pressure from the word go and ended up a tad
below the psychologically important 10,800 level. The index formed a Small
Bearish Belt Hold candle and an ‘Inside Bar’ on the daily chart, as it traded
inside the trading range of last session. Index may remain rangebound for some
time, before seeing a decisive breakout.
FOR LIVE MARKET CALLS & UPDATE FILL UP THE FORM GIVEN HERE>>>>
Saturday, June 16, 2018
NIFTY WEEKLY PREDICTION & CHART FOR 18 JUNE TO 22 JUNE 18
WEEKLY RESISTANCE FOR NIFTY:10900,10950,11000
DAILY RESISTANCE FOR NIFTY: 10845,10885,10925
PIVOT POINT: 10750
DAILY RESISTANCE FOR NIFTY: 10845,10885,10925
PIVOT POINT:10725
DAILY SUPPORT FOR NIFTY : 10700,10675,10650
Reversing a steady start to the week, the market went down on Friday but
finally closed marginally higher. The Sensex closed higher by 22 points to
35622, while the Nifty future rose 4.75 points to close at 10818. For the week,
Sensex gained 0.50% and Nifty rose 0.46%. Both the indices posted their fifth
consecutive weekly gain. after shuttling between 10750 and 10850 during the
week. Nifty future has started the week at 10768 made a high of 10873 and low
of 10735 & finally closed at 10818. The markets traded rangebound on Friday
except for a brief spell in mid-day trade as both Sensex and Nifty finished flat. higher CPI
inflation for May at 4.8 per cent and FOMC meeting on 11 june 2018 ,historic
meet between the US President Donald Trump and North Korean leader Kim Jong
Un regarding denuclearization of the Korean peninsula on 12 june 2018, US
Federal Reserve's decision to raise key interest rates by 0.25 per cent on 13
june 2018 , & reuslts of major IT stock
Infosys and TCS on 14th & 15 th june
was the key highlights of the week.
NIFTY FOR THE NEXT WEEK
In the next week
the market can expect a lot of activity in the PSU banking space after the
President signed an ordinance to finetune the insolvency law. The Finance
Minister and heads of PSU banks have discussed constructive action plans. Any
positive outcome on the recovery front should lead to a rerating of PSU banks.
Few banks like Indian Bank and Vijaya Bank, hopefully, should perform better,
as their books are cleaner than their PSU peers. Additionally, markets are
likely to take cues from global macros, as news flow on the domestic floe is
almost over for now. On the industry front, we believe pharma stocks have
made a confirmed double bottom pattern on the charts and have started an upward
journey. Investors with a long-term investment horizon can pick pharma stocks
in their portfolios.
NIFTY: A STRONG SUPPORT WILL BE @ 10675; STRONG RESISTANCE LEVEL SEEN @10925
NIFTY: A STRONG SUPPORT WILL BE @ 10675; STRONG RESISTANCE LEVEL SEEN @10925
Thursday, June 14, 2018
NIFTY OUTLOOK & FREE NIFTY FUTURE TIPS FOR 15 JUN 2018
It was tough day for bulls. Bulls could not continue
the good start as nifty dropped till the
level of 10770 but at the end bulls again came in to the picture and managed to
selltle above 10800 support level. Nifty future has started the day at 10823
made a high of 10834 and low of 10770 & finally closed the day at 10813. The
US Federal Reserve on expected lines raised rates by 25 bps but hinted at 2
rate hikes in 2018 which led to some nervousness in the market.
Wednesday, June 13, 2018
NIFTY OUTLOOK & FREE NIFTY FUTURE TIPS FOR 14 JUN 2018
Bulls got nervous at higher levels as nifty future ended Wednesday
session at 10849 with minor gains of 10 points. Nifty formed a new swing high
at 10873 level, but market breadth for the day was slightly negative. Sensex
and Nifty rose for the third straight day just ahead of the US Fed policy
outcome today. Expectation are like that a rate hike this time around is
almost a done deal. The markets had risen earlier in the day due to a solid
monthly industrial growth data released on Tuesday, which had boosted market
sentiment. The country’s industrial output rose by 4.9 per cent in April, up
from the 4.4 per cent growth seen in March due to a turnaround in capital goods
production as well as an uptick in overall manufacturing growth. The Sensex
climbed 47 points, , to finish at 35739.
Tuesday, June 12, 2018
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 13 JUN 2018
Bulls run continued on Tuesday..!!!
Nifty hit almost 4 months high due to healthy buying in FMCG, pharma, IT and
bank stocks after a historic meet between the US President Donald Trump and
North Korean leader Kim Jong Un. The meet, aimed at denuclearization of
the Korean peninsula, was hailed as better-than-expected by market
participants. The development gave a boost to major Asian stock markets,
including India. However, the profits were restricted, as investor’s
awaited IIP data for April and CPI inflation for May for further cues. The Sensex surged 209 points, to end the day at 35693. The Nifty future climbed 61 points finishing Tuesday's session at 10847. It
has opened at 10797 made a high of 10849 and low of 10780 total 69 points nifty
future has moved in intraday.
Monday, June 11, 2018
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 12 JUN 2018
RELIANCE STRANGLE STRATEGY FOR JUN 2018
I
It wasn’t quite a Monday for the bulls, as volatility gripped the market!
Sensex slipped 221 points from the day’s high to end at 35,483, up just 40
points. Nifty settled 19.30 points higher at 10,786. Market traded positively
during most part of the day supported by favorable global cues. However, a
consensus estimate of higher CPI inflation for May at 4.8 per cent and a
caution ahead of FOMC meeting during the week influenced profit booking. On the
other hand, progress in monsoon and positive outlook on rural economy will give
some respite to equity in the near term.
Friday, June 8, 2018
NIFTY WEEKLY PREDICTION & CHART FOR 11 JUNE TO 15 JUNE 18
WEEKLY RESISTANCE FOR NIFTY: 10850,10875,10900
PIVOT POINT: 10650
WEEKLY SUPPORT FOR NIFTY : 10600,10525,10475
WEEKLY CHART FOR
NIFTY
DAILY
RESISTANCE FOR NIFTY: 10775,10800,10825
PIVOT POINT:10700
DAILY SUPPORT FOR NIFTY : 10725,10700,10675
DAILY CHART FOR
NIFTY
Tug of war between bulls and bears from day one. Bears were
heavy on 1st two days i.e. Monday & Tuesday but finally bulls snatched the
rope in their hand and managed to touch level 10814 but bears did not
diminished from the race and again showed some strength to pull back nifty till
the level 10725 on Friday. After a 2-day spell since Reserve Bank of India's (RBI)
rate hike which saw the Sensex rise
more than 500 points, equity markets on Friday opened in the red as investors
opted for profit booking ahead of the weekend. This week nifty future has
started at 10732 made a high of 10814 and low of 10552 and finally closed at
10738 down by 76 points.
As predicted by us in our previous weekly report nifty has successfully passed the critical zone 10750 & made a high 10814 & closed at 10748.
As predicted by us in our previous weekly report nifty has successfully passed the critical zone 10750 & made a high 10814 & closed at 10748.
Thursday, June 7, 2018
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 8 JUN 2018
Bulls run continued on Thursday’s trade & took the nifty above the
resistance level 10800 & finally closed at 10765. Nifty future has started
the day at 10725 and made a high of 10814 total 89 points nifty future has
moved in intraday while the Sensex gained a little over 400 points. Bank Nifty
too rose 150 points to 26517 level. A day after
the Reserve Bank hiked rates, the markets continued to rally on the relief that
an important event was now in the rear view mirror. In the policy, RBI allowed banks to spread Mark to
Market losses in investments in available for sale & held for trading
portfolio for June quarter equally over four quarters. This will give relief to
the banks which suffered heavy MTM losses due to recent spike in bond yields.
Also, RBI mentioned that credit off take is satisfactory. The rate hike will
help improving banks NIMs for future credit off take. This has led to positive
sentiment in market. The rate hike is a negative but markets are recovering due
to short-covering, since people sold off their positions at higher levels prior
to the RBI meet and are now covering their positions at lower prices.
Wednesday, June 6, 2018
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 7 JUNE 2018
Bulls are back on the driver seat & took
nifty to 10700 mark. The Sensex and Nifty gained nearly 1% today after the
Reserve Bank of India’s monetary policy decision has decided to increase key
interest rates by 25 basis points to 6.25%. All the six members of RBI’s
monetary policy meeting have voted in favour of a rate hike, while maintaining
a neutral stance. Meanwhile in global markets, stocks in Europe and Asia were
mixed as tech-inspired rally in global stocks is waning. The Sensex closed
higher by 275 points, to 35178, while the Nifty rose 91 points to close at
10684.
Tuesday, June 5, 2018
NIFTY OUTLOOK FOR RBI POLICY 6 JUNE 2018
KEEP AN EYE ON
RELINFRA ON 06 JUNE
Nifty came down & closed below 10600 mark;
eying RBI meet due tomorrow..!!! The market has ended a highly volatile day on
negative note as investors chose to remain on the sidelines ahead of the
outcome of RBI’s monetary policy meet. The Monetary Policy Committee (MPC)
of the Resave Bank of India began its three-day meeting on Monday amid high
speculation that it may hike key interest rates for the first time in over four
years, keeping firming inflation in view. The Sensex came down 108 points
at 34903 and the Nifty future came down below 10600 mark to close at 10,596.
The bank Nifty ended on flat note at 26257. An increasing number of economists
expect the Reserve Bank of India (RBI) to raise interest rates on
Wednesday, a Reuters poll found, but most still think the central bank will
stay on hold and use this week’s meeting to prepare for an August hike. Among
macro data released earlier today, activity in India’s service industry shrank
in May for the first time in three months as new orders stagnated, but business
optimism was the highest since 2015 on expectations that demand will turn
around, a business survey showed.
Saturday, June 2, 2018
NIFTY WEEKLY PREDICTION & CHART FOR 04 JUNE TO 08 JUNE 18
WEEKLY
RESISTANCE FOR NIFTY: 10805,10844,10883,10988
PIVOT
POINT: 10672
WEEKLY
SUPPORT FOR NIFTY : 10694,10527,10461,10355
WEEKLY CHART FOR NIFTYDAILY RESISTANCE FOR NIFTY: 10720,10745,10807,10844
PIVOT
POINT:10694
DAILY
SUPPORT FOR NIFTY : 10645,10619,10582,10544
DAILY CHART FOR NIFTY
Sensex opened the
week at 34856, made a high of 34967, low of 34344 and closed the week
at 34924. Thus the
Sensex closed the week with a gain
of 76 points. At the same
time, the Nifty opened the week at 10648,
made a high of 10715 low of 10556
and closed the week at 10671.
Thus the nifty closed the week with a gain of 63 points. Benchmark indices ended lower on Friday. Price correction on the first
session of the new June series derivatives today took its toll. Markets started
on a positive note after data showed that India’s January-March 2018 GDP growth
soared to a seven-quarter high of 7.7 per cent, spurred by robust performance
of manufacturing, construction and service sectors, helping it retain the tag
of the fastest growing major economy.
Friday, June 1, 2018
BANKNIFTY PREDICTION & CHARTS FOR 04 JUNE TO 08 JUNE
WEEKLY
RESISTANCE FOR BANKNIFTY: 27353, 27563, 27774, 28342
PIVOT
POINT: 26637
WEEKLY
SUPPORT FOR BANKNIFTY : 26216,25502,24931,24363
WEEKLY CHART
FOR BANKNIFTYDAILY RESISTANCE FOR BANKNIFTY: 26814, 26899, 26984,27251
PIVOT
POINT: 26717
DAILY
SUPPORT FOR BANKNIFTY : 26547, 26499, 26316,26183
DAILY
CHART FOR BANKNIFTY
Stop-long positions at 26,500.
Stop-short positions at 26,800.
Bank Nifty opened the week at 26334 made a high of 26776, low of 25987
and closed the week at 26645 . Thus it closed the week with a gain of 405 points. As the bank nifty is managing to trade above its
22 and 55&200 days moving averages with the RSI of 61, above 26800 one may expect the targets of 27000/27200/27450/27700
in the bank nifty if it manages to sustain above the immediate support level of
26500/26330/26000.
And resistance level for bank nifty are 26800,27000 ,27500.
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