The Nifty after gap up opening continued to be
volatile throughout the session. It made attempt twice - in morning and in late
trade - to touch 10,400 levels but saw selling pressure both the time due to
new rupee low and crude volatility. The Nifty ended around 10300, while the
Sensex closed over 170 points lower. At the close of market hours, the
Sensex closed down 174 points at 34299. The Nifty opened sharply higher at
10390 and touched an intraday high of 10397, but gradually wiped out gains in
morning trade itself to trade lower. In the last hour of trade, it rebounded,
but within few minutes of trade, it caught in bear trap again and fell sharply
to hit day's low of 10279. The index closed 47 points lower at 10301 amid
volatility.
Tuesday, October 9, 2018
Monday, October 8, 2018
NIFTY LEVELS & FREE NIFTY FUTURE TIPS FOR 09 OCT 2018
The Nifty remained
highly volatile throughout Monday’s trading session, but recovered sharply by
around 200 points from its intraday low and immediate crucial support of 10200 led
by gains in banks, auto and oil and gas stocks. The Sensex traded
within a range of over 660 points and ended 97 points higher at 34474 points.
The Nifty held on to the 10300 levels and closed a tad below the 10350-mark
at 10348 points, up 31 points. The Nifty touched an intra-day high of
10398 points and an intra-day low of 10198 points.
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
Thursday, October 4, 2018
NIFTY LEVELS & FREE NIFTY FUTURE TIPS FOR 5 OCT 2018
Market was like sea of red on Thursday . The markets logged it's biggest
drop & hit 3 month low. The markets took a major hit as both the key
indices amid a selloff witnessed across sectors and weak global cues. The
Sensex tanked as much as 858 points to touch 35116 - a level last seen on July
2. The Nifty plummeted 267 points to hit an intraday low of 10591 - its lowest
since July 9. The rupee hit another record low, amid weak global cues, boiling
crude prices and fears of a widening current account deficit. Concerns over the
Reserve Bank of India (RBI) adopting an aggressive stance in its monetary
policy statement due to a rise in inflationary pressure led to erosion in
investors' risk-taking appetite. Caution prevailed in the markets ahead of RBI's statement due
on Friday. We are expecting that the central bank to hike the repo rate by 0.25%.
Wednesday, October 3, 2018
NIFTY PREDICTION & FREE NIFTY TIPS FOR 4 OCT 2018
Bears continued to rule on dalal street. The Sensex fell over 200 points
and the Nifty dropped below the 11,000-level in early trade Wednesday after the
rupee dropped to a new low amid sustained foreign fund outflows and surging
crude oil prices. BSE benchmark Sensex closed at 35975,
down 550 points. The Nifty ended 150 points lower at 10800. Investors were also cautious ahead of the three-day RBI
policy review started from today. Investors will keep a close watch on the
Reserve Bank of India's (RBI) decision on key interest rates. The RBI's
monetary policy committee has started its three-day meeting from today to
decide on the fourth bi-monthly monetary policy. After two successive hikes,
the repo-rate currently stands at 6.50%. In this running week, which is a
truncated one as Tuesday was a market holiday for Gandhi Jayanti, RBI’s money
policy review will be one of the key market drivers along with some
macroeconomic numbers and movement in the rupee and crude oil prices. The
central bank’s fourth bimonthly money policy review of this financial year will
be held on October 3-5. Market analysts believe RBI may feel compelled to go
for a rate hike for the third time, considering the rupee’s poor health, steady
rise in crude oil prices and Fed’s third rate hike. In its August policy, RBI
had raised the repo rate for the second consecutive time by 25 basis points
to 6.50%.
Monday, October 1, 2018
NIFTY PREDICTION & FREE NIFTY TIPS FOR 3 OCT 2018
The week has
started on a choppy note. The Sensex jumped as much as 240 points to touch
36467 while the Nifty climbed 56 points to hit 10986 in late afternoon
trade. The indices swung between gains and losses during Monday’s session. The
Sensex traded in a range of 36467 -35960, while the Nifty moved
between 10963 and 10821. That meant a swing of 506 points for
the sensex & 141 points for the
Nifty. Caution prevailed after the Reserve Bank of India announced
measures to curb liquidity concerns. Finally sensex closed the day at 36526
while nifty ended at 11008.
Friday, September 28, 2018
NEXT WEEK NIFTY PREDICTION & CHARTS 1 OCT TO 5 OCT 2018
WEEKLY RESISTANCE FOR NIFTY:11200,11300,11400
PIVOT POINT: 11000
WEEKLY SUPPORT FOR NIFTY : 10900,10800,10700
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 10950,11000,11100
PIVOT POINT:10900
DAILY SUPPORT FOR NIFTY : 10850,10800,10750
DAILY CHART FOR NIFTY
This has been clearly the worst week for our markets in last few months.
We have been correcting right from the word go, started on Monday and Friday
was like adding insult to the injury. At one point on Friday, index and the
broader market was falling like a pack of cards; threatening market
participants to a great extent. Fortunately, we did manage to give a decent
recovery from lows and have closed at the make or break level. It has been a rather jittery start to the
October series. The Nifty has stayed below 11,000-mark on Friday.
The week started flat positively, the rub-off effect from the last week
dragged the indices lower right from the word go. During the day, the bears
clearly had the upper hand as markets remained under pressure and the Nifty ended
below 11000 mark. Tuesday opened slightly higher very much in line with the Nifty;
but once again it turned out to be a formality. After some initial
consolidation, the index eventually started correcting and in fact the momentum
accelerated as the day progressed. In the second half, the index eventually
slipped below its important psychological support of 11000 and then remained
stagnant in the last hour of the day. On Wednesday the ecstasy of the northward
direction halted as we witnessed strong bout of selling on account of
depreciating domestic currency, global trade war, rising crude prices and some
concerns over few NBFC’s. In the course of action, index corrected almost 6% in
the September series to conclude tad below the important psychological level of
11000. Despite this carnage in the broader market, IT counters clearly bucked
the trend as we saw giants like ‘INFY’ and ‘TCS’ went on to clock fresh record
high. On Thursday market opened slightly higher very much in line with the SGX
Nifty; but once again it turned out to be a formality. After some initial
consolidation, the index eventually started correcting and in fact the momentum
accelerated as the day progressed. In the second half, the index eventually
slipped below its important psychological support of 11000 and then remained
stagnant in the last hour of the day.
NIFTY: A STRONG SUPPORT WILL BE @ 10800;
STRONG RESISTANCE LEVEL SEEN @11200
Thursday, September 27, 2018
NIFTY PREDICTION & FREE NIFTY TIPS FOR 28 SEP 2018
Market saw
selling pressure at higher levels on Thursday, as nifty settled September
series futures & options contracts at below 11,000. Domestic stock markets
started Thursday's session on a lackluster amid cautious trade by investors
ahead of expiry of monthly derivatives contracts. At 2:18 pm, the Nifty was
trading 77 points, lower at 10976 while the Sensex was down 197 points, at
36344. At the close of market hours,
the Sensex closed down 218 points at 36324, while the Nifty was lower by 76 points
at 10977. The Sensex concluded the session over 200 points lower. Market is struggling mainly due to
sentimental dent despite reaffirmation of liquidity support by the Reserve bank
of India and other related agencies. The continuous fall in NBFC and banking
counters is adding to that pressure. Weakness in Asian peers after the Federal Reserve announced
a hike in key interest rate overnight also dampened sentiment in the domestic
markets. However, the government's move on customs duty applicable to 19 items
eased some concerns on the current account deficit front, and limited the
down-slide. The Reserve Bank of India
Wednesday, September 26, 2018
NIFTY PREDICTION & FREE NIFTY TIPS FOR 27 SEP 2018
Bears continued to rule on dalal street. The Sensex & nifty settled marginally lower on Wednesday ahead of the expiry of September Futures and Options (F&O) contracts due on Thursday. Market sentiments were dragged by consumer goods and IT stocks. The rupee rose marginally against the US dollar. Keep an eye on outcome of the Federal Reserve's policy meet due later in the day. The Sensex ended at 36542, down 110 points while the broader Nifty settled at 11054, down 14 points.
Tuesday, September 25, 2018
NIFTY PREDICTION & FREE NIFTY TIPS FOR 26 SEP 2018
Lot of volatility was witnessed on the 2nd day Sep F&O expiry
week. What a comeback for the bulls after days of relentless correction &
credit goes to all financial stocks. The Sensex ended over 350 points higher,
while the Nifty ended above 11,000-mark as well. The Sensex closed 347 points, up at 36652, and the Nifty 50 rose 90
points, to close at 11057.
Monday, September 24, 2018
NIFTY PREDICTION & FREE NIFTY TIPS FOR 25 SEP 2018
"BUY TCS 2200 CALL @ 33 TGT 49/56"
"SELL PVR FUTURE BELOW 1280 TGT 1271/1258 SL 1294"
"SELL PVR FUTURE BELOW 1280 TGT 1271/1258 SL 1294"
The market continued to reel under selling pressure on Monday.
Liquidity crunch fears, consistent selling by FIIs, rupee volatility, rising
crude oil prices and trade war tensions weighed on sentiment. The Nifty has
broken psychological 11000 levels, falling 175 points to 10967. The Sensex
dropped 536 points to 36305. Investors, who were wary of the flash crash
on Friday which saw a 1500-point swing on the, started trading on a volatile
note in the morning. By mid-day however, the Street was deep in the red zone
and could not recover. Earlier, before the markets opened, finance minister
Arun Jaitley sought to soothe the volatility in the markets by assuring
the government will ensure liquidity in non-banking finance companies (NBFCs)
and mutual funds.
The outlook for nifty remains bearish for Tuesday’s session, some
The outlook for nifty remains bearish for Tuesday’s session, some
Friday, September 21, 2018
NEXT WEEK NIFTY PREDICTION & CHARTS 24 SEP TO 28 SEP 18
WEEKLY RESISTANCE FOR NIFTY: 11300, 11550, 11700
PIVOT POINT: 11100
WEEKLY SUPPORT FOR NIFTY: 11000, 10900, 10800
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 11250, 11350, 11450
PIVOT POINT: 11150
DAILY SUPPORT FOR NIFTY : 11100,11050,11000
DAILY CHART FOR NIFTYScary Friday it was. There was absolute carnage visible on D-Street. The Sensex & nifty have seen a sharp swing in the last one hour of Friday. The Sensex crashed over 1,000 points in a span of just a few minutes, but recouped more than 700 points immediately thereafter, while the Nifty has given up 11100 as well. Globally, oil prices were little changed on Friday after falling in the previous session as US President Donald Trump urged OPEC to lower crude prices at its meeting in Algeria this weekend. Market went through some scary moments on Friday when the currency worries once again spooked the traders’ sentiments. The week was started with downside gap and then a sustained selling throughout the remaining part of the day resulted into a sharp cut of nearly 1.20% from the Friday’s close. On Monday nifty future has closed at 11407. Our currency was certainly undergoing some terrible time and in fact things were getting worse day by day. The volatility had risen to such an extent; undoubtedly is having an adverse effect on equity markets and this was what we witnessed in last couple of days. Tuesday, index consolidated throughout the first half but the latter one turned out to be a nightmare as Nifty sliding below the 11300 mark within no time & closed the day at 11310. Markets were still feeling the heat and the gap up opening on Wednesday was merely a formality as index immediately sliding below the 11300 mark in the initial hour of the trade. There was couple of attempts made to stay beyond this psychological level; but all failed due to strong selling pressure at higher levels. The index then corrected in the latter half which has been the recent trend and hence, eventually Nifty went on to conclude the session tad below the 11250 mark & closed at 11272. Thursday market was shut on account of “Moharram”.
NIFTY: A STRONG SUPPORT WILL BE @ 11000;
STRONG RESISTANCE LEVEL SEEN @11500
Wednesday, September 19, 2018
NIFTY LEVEL & FREE NIFTY FUTURE OPTION FOR 21 SEP 2018
GANESH CHATURTHI OFFER ...!!!!
"GET OPTION/FUTURE PACKAGE @ JUST 5500 MONTHLY/10500 QUARTERLY ONLY"
YOU CAN PAY VIA
CREDIT CARD/DEBIT CARD/NETBANKING
CASH DEPOSIT IN ANY BANK HDFC/AXIS/ICICI/SBI/
PAYTM OR ANY OTHER APP
FOR MORE DETAILS CALL 8982086510 OR WHATSAPP 9039542248
FOR MORE DETAILS CALL 8982086510 OR WHATSAPP 9039542248
Tuesday, September 18, 2018
NIFTY LEVEL & FREE NIFTY FUTURE OPTION FOR 19 SEP 2018
Market skewed in the favor of bears..!!! Bears
tightened their grip on Dalal Street. The markets traded low on Wednesday,
ending the trading session in red at the closing bell. The market extended its
fall for a fifth straight session Tuesday, making it the longest losing spree
in over three months as concerns persist on multiple fronts in the form of
rising crude prices, tumbling rupee and ongoing global trade tiff.The
Sensex closed lower by 294 points, at 37290, while the Nifty 98 points, to
close at 11278.
Friday, September 14, 2018
BANKNIFTY NEXT WEEK NIFTY PREDICTION & CHARTS 17 SEP TO 21 SEP 18
WEEKLY RESISTANCE FOR BANK
NIFTY :27350,27450,27600
PIVOT POINT:
27000
WEEKLY SUPPORT FOR BANK NIFTY:
26900,26800,26600
WEEKLY
CHART FOR BANK NIFTY
The Nifty Bank Index started the week on negative
note on Monday and remained under pressure throughout the session to end with a
loss of a percent. On Tuesday post opening on a flat note, the Nifty Bank Index
traded within a very narrow range for the most part of session however in the
second half it slipped below its last few sessions support zone at 27136 and
witnessed a sharp selloff to end the day with a loss of 1.45% tad above 26800
levels. On Wednesday post opening marginally higher, the Nifty Bank index once
again continued the negative momentum and corrected during the first half of
the session. The momentum readings on the hourly chart were in oversold
territory as the index approached the support around 26550. This led to a
pullback move in the latter half of the session and the index recovered all the
losses to end the day on a flat note. Thursday market was closed on accounts of
ganesh chaturthi. On Friday bank nifty was trading in narrow range with
positive momentum & closed the week at 27211.
Wednesday, September 12, 2018
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 14 SEP 2018
Bulls
are back in action after two days of battering & took nifty future above 11400 mark. A
dramatic recovery in the rupee has helped market surge to the high points. The
Indian currency surpassed the level of 72 per US dollar-mark, leading to a
massive buying among investors. The Sensex managed to end over 300 points
higher. At the close of market hours, the Sensex ended higher by 304.83
points at 37717, while the Nifty soared 83 points at 11370. Wednesday’s
gains as a counter-trend rally. They believed the gain may extend when trading
resumes on Friday. Markets will be shut on Thursday on account of Ganesh
Chaturthi.
Monday, September 10, 2018
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 11 SEP 2018
BUY BANKNIFTY FUTURE ABOVE 27350 TGT 27400/27470 SL 27290
SELL ADANIENT BELOW 151 TGT 150/148.50 SL 152.50
Bulls are on back foot, Bears continued to rule… The NSE Nifty ended the session at 11438, down 151 points. No sector managed to shut shop in the green although the Nifty IT index did manage to end on a flat note. The Nifty PSU Bank index was the worst sectoral performer with all 12 constituents closing in the red. Rout in rupee, Spike in bond yields, Weakness in global markets, Firming oil prices were the causes of this decline. Axis Bank was the top index gainer as the bank said Amitabh Chaudhry of HDFC Life will join as chief executive officer from January 1.
SELL ADANIENT BELOW 151 TGT 150/148.50 SL 152.50
Bulls are on back foot, Bears continued to rule… The NSE Nifty ended the session at 11438, down 151 points. No sector managed to shut shop in the green although the Nifty IT index did manage to end on a flat note. The Nifty PSU Bank index was the worst sectoral performer with all 12 constituents closing in the red. Rout in rupee, Spike in bond yields, Weakness in global markets, Firming oil prices were the causes of this decline. Axis Bank was the top index gainer as the bank said Amitabh Chaudhry of HDFC Life will join as chief executive officer from January 1.
Friday, September 7, 2018
NEXT WEEK NIFTY PREDICTION & CHARTS 10 SEP TO 14 SEP 18
WEEKLY
RESISTANCE FOR NIFTY:11700,11800,11900
DAILY RESISTANCE FOR NIFTY: 11650,11700,11750
PIVOT POINT: 11500
WEEKLY SUPPORT FOR NIFTY
: 11400,11300,11200
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 11650,11700,11750
PIVOT POINT:11600
DAILY SUPPORT FOR NIFTY : 11550,11500,11450
DAILY CHART FOR NIFTY
What a
fantastic Friday it was for the bulls! The Nifty future managed to
end well above 11600 -mark. Bulls & bears were on roller-coaster ride in
this past week. Markets went off the rails as Sensex and Nifty shed around a percent. After opening the week on a flat note at
11755 nifty futures went down to 11437 on Wednesday, but in Thursday’s session
bulls shown some strength & took nifty above 11600 mark. Finally nifty
future has closed at 11634 marks on Friday. A strengthening rupee also helped
the market recover. Cooling off of oil prices and some reported dollar selling
by private banks erased some losses for the currency.
Thursday, September 6, 2018
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 7 SEP 2018
WHATSAPP ON 9039542248 TO GET LIVE FUTURE/OPTION CALLS
After flipping between positive and negative zones, the market today settled with a marginal rise up, After opening on a bullish note nifty remained under pressure in the first half of Thursday, Buying momentum in the second half recovered most of the earlier losses to close in the green.The sentiment on the market moved in tandem with the rupee’s movement on Thursday. A recovery in the Indian rupee, after it fell to a record low of 72.10/USD, helped the market end the day in green as well. The Nifty reclaimed 11,500-mark and ended above the threshold. The Nifty future has opened the day at 11547 made a high of 11603 and low of 11470 & finally closed the day 11546.
After flipping between positive and negative zones, the market today settled with a marginal rise up, After opening on a bullish note nifty remained under pressure in the first half of Thursday, Buying momentum in the second half recovered most of the earlier losses to close in the green.The sentiment on the market moved in tandem with the rupee’s movement on Thursday. A recovery in the Indian rupee, after it fell to a record low of 72.10/USD, helped the market end the day in green as well. The Nifty reclaimed 11,500-mark and ended above the threshold. The Nifty future has opened the day at 11547 made a high of 11603 and low of 11470 & finally closed the day 11546.
Wednesday, September 5, 2018
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 6 SEP 2018
CALLS GIVEN IN YESTERDAY'S POST
DCB BANK FUTURE NOT EXECUTED
Bears continued to grip the markets…!!!!The market
cracked heavily in trades today on account descending trend of the value of rupee and weak global trade sentiments. A
good recovery in the last hour has helped the market close with shallow cuts.
The Sensex managed to recover over 250 points from its low point, while the
Nifty shed about 70-odd points from its low point. Both indices closed in the
red. At the close of market hours, the Sensex is down 139 points at 38018,
while the Nifty is down 43 points at 11477.
Subscribe to:
Posts (Atom)