A lackluster trading
session ended on flat note. Nifty opened
on a positive note, but failed to sustain levels above 11900 and corrected in
second half of the trading session & closed the day below 11850 at 11841. Healthy
environment was developed ahead of the G20 meet. Today we have a pause in the
momentum awaiting its final outcome this weekend. This hope and positive trend
will continue in the short-term supported by domestic tailwinds like budget
stimulus & Q1FY20 results.
Thursday, June 27, 2019
Tuesday, June 25, 2019
NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 26 JUN 2019
BUY NIFTY 11800 CALL @ 40 TGT 60/80
Bulls are back in action
& took nifty above 11800 mark but closed at 11796. Market sentiments were lifted by gains in
heavyweights like Reliance Industries and HDFC. At close, the Sensex
was up 311 points at 39434, while Nifty was up 96 points 11796.
Monday, June 24, 2019
NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 25 JUN 2019
Nifty on Monday failed
to hold above the 11700 mark by a whisker and ended at 11699.
During the day, the index tested its 50 DMA, before ending the session with an
indecisive ‘Spinning Top’ candle on the daily chart. The Sensex and Nifty fell for second straight day
led by declines in energy and oil & gas shares. The Sensex ended 72 points lower at 39123 and the nifty fell 24 points to close at 11700.
Friday, June 21, 2019
NIFTY WEEKLY OUTLOOK & MAY EXPIRY TRADING TIPS 24 JUN TO 28 JUN 19
WEEKLY RESISTANCE FOR NIFTY: 11850, 11950, 12050
DAILY RESISTANCE FOR NIFTY: 11800,11850,11900
PIVOT POINT: 11750
WEEKLY SUPPORT FOR NIFTY: 11600, 11550,
11500
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 11800,11850,11900
PIVOT POINT:11700
DAILY SUPPORT FOR NIFTY : 11650,11600,11550
DAILY CHART FOR NIFTY
It was yet another week of consolidation for our markets in
the absence of major triggers. Index started off well with some hope of
surpassing the stiff hurdle of 12000, but once again the attempt turned
unsuccessful. During the remaining part of the week, index kept vacillating
around the lower band of the range to eventually conclude tad above the 11800
mark. Although it was a week of consolidation for our markets, the overall bias
remained on the negative side and hence, any intra-week pull back was getting
sold into. Now, with this price development we can see the trading range
getting shrunk further and whenever this happens, soon we get a breakout (on
the either side) from the congestion zone. On the lower side, 11770 is the
level to watch out for. Any sustainable move below this would trigger sell off
to head towards 11625-11555 levels. However, looking at the broader picture, we
are still hopeful and expect the market to breakout in the upward direction. On
the higher side, 11955-12000 has become a sturdy wall. At this juncture, the
pragmatic strategy would be to stay light and wait for breakout from the
mentioned range to create aggressive positions . Monday
morning, the global set up looked a bit encouraging and hence, in-line with
Asian peers, we started proceedings for the week slightly higher after Friday’s
tail end correction. However, it was merely a formality as we saw index
correcting immediately to pare the opening lead. This was followed by a
continuous decline throughout the remaining part to eventually conclude well
below the 11700 mark. Monday’s sharp selloff was followed by a flat opening in
our markets on Tuesday. The index then witnessed a range bound trading with a
positive bias for the first half. The second half was however very volatile as
we witnessed volatile swings on both sides with butchering seen in many midcap
counters. The index eventually ended near the opening levels with marginal
gains of 0.17% tad below 11700 levels. Wednesday, our markets witnessed a
roller coaster move with wild swings seen on both sides of the trend. The index
started with a gap up opening which got extended to test the 11800 mark however
in the midsession we witnessed a sharp selloff which dragged Index to mark
intraday low of 11625. During the said selloff there was carnage seen in many
midcap counters. Eventually quite similar to the previous session Index
witnessed a strong bout of buying in the last half an hour to push prices
higher to close unchanged at 11691. Despite Nifty suggesting a positive start,
we had a gap down opening to surprise most of the market participants on Thursday.
There was some nervousness seen in the initial trade, but all of a sudden
strong buying emerged at lower levels which not only continued but also
accelerated as the day progressed. In this course of action, Nifty went on to
thrash all intraday hurdles and eventually concluded the weekly expiry well
above the 11800 mark by clocking smart rally of more than a percent. Market ended lower on Friday, wiping out previous session's gains,
amid weakness in auto stocks, as uncertainty around the US-China trade
negotiations and rising oil prices outweighed investor euphoria around the US Federal
Reserve’s hints at future rate cuts.
NIFTY: A STRONG SUPPORT WILL BE @ 11600; STRONG RESISTANCE LEVEL SEEN @12000
Thursday, June 20, 2019
NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 21 JUN 2019
TO GET CALLS IN LIVE MARKET FILL UP THE FORM GIVEN HERE>>>>
Bulls are back in action & took nifty above mark. Market sentiments were boosted by gain in financial stocks, Fed’s rate-cut hints, offset losses in IT counters triggered by a report of U.S. move to cap H1-B work visas. That apart, reports of monsoon hitting drought hit Maharashtra also boosted sentiment. As per a Reuters report, India’s annual monsoon has covered some parts of the western state of Maharashtra and conditions are becoming favourable for further advancement into the southern part of the country.
Bulls are back in action & took nifty above mark. Market sentiments were boosted by gain in financial stocks, Fed’s rate-cut hints, offset losses in IT counters triggered by a report of U.S. move to cap H1-B work visas. That apart, reports of monsoon hitting drought hit Maharashtra also boosted sentiment. As per a Reuters report, India’s annual monsoon has covered some parts of the western state of Maharashtra and conditions are becoming favourable for further advancement into the southern part of the country.
Wednesday, June 19, 2019
NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 20 JUN 2019
Today’s session was more like a roller coaster ride, where
the index opened positive at 11744, then showed some strength in morning trades
& made a high of 11802, but the sentiments turned pessimistic in late
afternoon trades and index started drifting lower at nifty went till the low of
11625, however the market regained its momentum in the final hour of trade and
finished the day on flat note at 11691.
Tuesday, June 18, 2019
NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 19 JUN 2019
TO GET CALLS IN LIVE MARKET FILL UP THE FORM GIVEN HERE>>>>
It was tough day for bulls. Bulls could not continue the good
start as nifty dropped till the level of 11641 but at the end bulls again came in to the picture and managed to settle above 11675 mark. Nifty has started the day at 11677 made a high of 11727 and low of 11641 & finally closed the day at 11691. Monday, June 17, 2019
NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 18 JUN 2019
BUY VEDL 165 PUT @ 4.3 TGT 5.3/7
TO GET CALLS IN LIVE MARKET FILL UP THE FORM GIVEN HERE>>>>
Bulls are on back foot, Bears continued to rule… Nifty has started the week on negative note due to heavy selling in bank, auto and metals stocks amid weak global cues and concerns over poor progress in monsoon. Investors also worried over liquidity in the system and cautiousness ahead of the Union Budget. The sensex fell for a fourth straight day, ending 491 points lower at 38961.Nifty settled at 11672, down 151 points.
Friday, June 14, 2019
NIFTY WEEKLY OUTLOOK & MAY EXPIRY TRADING TIPS 17 JUN TO 21 JUN 19
WEEKLY RESISTANCE FOR NIFTY: 11900, 12000, 12100
DAILY RESISTANCE FOR NIFTY: 11875,11975,12050
PIVOT POINT: 11800
WEEKLY SUPPORT FOR NIFTY: 11700, 11600,
11500
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 11875,11975,12050
PIVOT POINT:11825
DAILY SUPPORT FOR NIFTY : 11775,11750,11700
DAILY CHART FOR NIFTY
The indices on
Friday clocked worst week in over a month amid global cues and key inflation
data. Sensex closed at 39452 falling 289 points, while Nifty dropped by 90
points, at 11823. The Nifty hinted at a gap up opening on Monday and in line
with the expectations, the index started the week on a positive note. Nifty
rallied higher in the first half hour of the trade but it then corrected
gradually to wipe out the morning gains. The index eventually witnessed some
pullback in the last hour and ended the day with gains of about half a percent.
On Tuesday Nifty opened on a positive note and corrected marginally from the
opening ticks in the first hour of the trade. However, the index rallied higher
from the 11900 mark to test the 12000 level during the day. It eventually ended
the day near the opening levels. On Wednesday post opening on a flat note, the
Nifty corrected in the initial couple of hours to breach the 11900 mark.
However, the index oscillated around this level throughout the day and ended
the session tad above it with a loss of half a percent. On Thursday Nifty
hinted at marginal negative opening yesterday and in line with expectations,
the index started the day on a weak note. Nifty continued the negative momentum
till noon; but it reversed and rallied higher for rest of the day to wipe out
the intraday losses and end on a flat note.
Thursday, June 13, 2019
NIFTY OUTLOOK & OPTION CALL PUT TIPS FOR 14 JUN 2019
The Sensex& nifty
ended rangebound session flat with a negative bias on Thursday as losses
in Yes Bank, IndusInd Bank, Infosys, Reliance Industries and Tata Consultancy
Services were offset by gains in HDFC Bank, Kotak Mahindra Bank, HDFC and Axis
Bank. Earlier in the day, Nifty opened lower and extended declines owing to
weakness in financial, IT and metal sector shares, a day after official data
showed consumer inflation rose to its highest level recorded in seven months.
The Sensex fell as much as 295 points while the Nifty dropped below 11850. The Sensex
ended 15 points lower at 39741 and the Nifty rose 8 points to close at 11914.
Wednesday, June 12, 2019
NIFTY OUTLOOK & NIFTY OPTION TIPS FOR 13 JUN 2019
A range bound trading
session gas ended on negative note. Markets ended Wednesday’s choppy
session with losses after registering gains for three consecutive days amid
selling in banking and financial services counters. Investor
sentiment also took a hit on weak global cues. The Sensex closed at 39757. The
Nifty settled at 11906, down 59 points. The Sensex touched an
intra-day low of 39623 levels while the Nifty drifted to 11866 levels during
the day before staging a partial recovery.
Tuesday, June 11, 2019
NIFTY OUTLOOK & NIFTY OPTION TIPS FOR 12 JUN 2019
Bulls are back on the
driver seat & took nifty to 12000 mark. . However, it failed to hold
at higher levels and closed at 11965 near the opening mark 11959 by forming a Doji
candle on the daily scale. The index has been forming multiple Dojis
since last three sessions, but at the same time making higher highs and lows,
which suggest every decline is being bought into, while resistances are intact
at the upper band of the trading zone.
Monday, June 10, 2019
NIFTY OUTLOOK & NIFTY OPTION TIPS FOR 11 JUN 2019
"BUY SRF 3000 CALL @ 46 TGT 55/66"
TO GET OPTION CALL PUT TIPS FILL UP THE FORM GIVEN HERE>>>
TO GET OPTION CALL PUT TIPS FILL UP THE FORM GIVEN HERE>>>
Nifty ended Monday’s
session above 11900 mark lifted by tech stocks, in line with global stock
markets that were buoyed by a deal struck between the US and Mexico to avoid a
tariff war, and weak US jobs data that raised hopes of rate cuts by the Federal
Reserve. Nifty, which opened at 11934, rose to an intraday high of 11975 before
slipping below 11900. It hit an intraday low of 11871 before closing at 11922,
up 52 points from its previous close of 11870 on June 7.
Thursday, June 6, 2019
STOCK OPTION TIPS FOR 7 JUN 2019
"BUY ICICIBANK 410 PUT @
8 TGT 10/12"
"BUY MANAPPURAM 150 CALL @ 1.5 TGT 2.3/2.8"
TO GET LIVE MARKET NIFTY & STOCK OPTION CALLS WHATSAPP ON 9039542248
Rate cut change the
market direction. Market posted their biggest one-day loss in 2019, dragged
down by financials and bank stocks even though the monetary policy
committee of the Reserve Bank of India (RBI) reduced the
repo rate by 25 basis points (bps) to 5.75 % in the second bi-monthly monetary
policy meet of the financial year 2019-20 (FY20). As the 25-bp cut was in line with expectations
and had already been factored in, Street didn’t cheer the move and continued to
slide down with higher momentum. This is the third consecutive time that
RBI has cut rates by 25bps which shows that they are indeed taking care of the
slowing growth and as expected are being supportive by loosening their purse. The
Sensex slipped 554 points,
to 39530, with IndusInd Bank, Tata Steel, YES Bank, Larsen & Toubro, and
State Bank of India was among the top losers. The Nifty tumbled 178 points to
11844.
Tuesday, June 4, 2019
NIFTY BANKNFITY VIEW FOR RBI CREDIT POLICY 6 JUN 2019
TO GET LIVE MARKET FUTURE OPTION CALLS FILL UP UR DETAILS HERE>>>
Market ended Tuesday's
session in red ahead of Reserve Bank of India's monetary policy decision due on
Thursday, At close, the Sensex was down 184 points at 40083, while Nifty was
down 66 points at 12021. The pressure on the Reserve Bank of India (RBI) to cut
interest rates this week has mounted dramatically, considering the 20-quarter
slowest headline GDP growth of 5.8% in 4Q FY19 and the headline inflation at
sub-3%. Whether the RBI should complement it further with liquidity-easing
measures is also debated. In the absence of fiscal space to boost the economy,
the RBI is expected to maintain a delicate balance between short-term relief
and long-term strategy. We continue to maintain our
cautious stance on
the markets at
higher levels in the near term. Monday, June 3, 2019
MARKET EYE RBI’S MONETARY POLICY 06 JUN 19
NIFTY BANKNFITY OPTION FUTURE TIPS FOR 4 JUN
Market started the week on a strong footing with both the gauges closing at new lifetime record levels as investors shrugged off weakness in global peers, 5-year low domestic GDP print and unemployment at 45-year high. The weak GDP print, poor auto sales and other high-frequency data raised hopes of a 25 basis points rate cut by the RBI’s monetary policy committee. Sensex hit record high of 40267; Nifty peak of 12088.
Friday, May 31, 2019
NIFTY WEEKLY OUTLOOK & MAY EXPIRY TRADING TIPS 3 JUN TO 7 JUN 19
WEEKLY RESISTANCE FOR NIFTY: 12050, 12150, 12250
DAILY RESISTANCE FOR NIFTY: 12000,12050,12100
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 : 11850,11800,11750
DAILY CHART FOR NIFTY
The market closed the volatile day as well as week on the
negative side after cabinet announcement under Modi 2.0. At close, the
Sensex was down 117 points at 39714, while Nifty was down 23 points at 11922.
Post the election week, our
markets opened slightly higher despite Nifty indicating a sluggish start. Our
markets decoupled from the global peers last Monday; but it was evident also
considering the major event on the domestic front. But it seems that the rub
off effect is still there and yesterday too, we did not even try to peep what
other global markets are doing. We had a trended move throughout the day with
less momentum to add another seven tenths of a percent to the bulls’ kitty. After
last week’s wild swings, the volatility was likely to subside and considering
the overall development on Friday, we were expected to have a steady up move on
Monday. Markets did not disappoint and Monday’s intraday move was very much on
expected lines. We continued our march towards the mount 12k which needs to be
conquered on a sustainable basis. Tuesday, there were no major triggers on the
global as well domestic front and hence, we had a flat to positive start tad
above the 11950 mark. However it turned out to be a formality as we saw
open-high kind of scenario to immediately pull the market lower. During the
most part of the day, index remained under a bit of pressure and hence the
Nifty spent most of its time below 11900. Fortunately, due to some late
recovery, the nifty finally managed to reclaim this psychological mark by
concluding with a negligible gain. Wednesday, we opened lower as indicated by
the SGX Nifty which was followed by some consolidation throughout the first
half. However, in the latter half, the selling intensified across the globe and
in this course of action; we slipped below the 11900 mark on a closing basis. Thursday,
the global set up early in the morning was not so encouraging; but despite this
our markets kicked off the day on a flat note and right from the word go, the
buying emerged at lower levels. This was followed by a good trended up move
throughout the remaining part to reclaim the 11900 mark. In fact, it didn’t
look like a derivative expiry day as there were no wild swings or major
volatility seen. Eventually, the Nifty ended tad below 11950 to register
highest ever close for our index Nifty.
NIFTY: A STRONG SUPPORT WILL BE @ 11800; STRONG RESISTANCE LEVEL SEEN @12000
Thursday, May 30, 2019
NIFTY OUTLOOK & NIFTY OPTION TIPS FOR 31MAY 2019
YESBANK 160 JUN CALL GIVEN IN LAST POST NEAR TO HIT THE TGT CONTINUE TO HOLD FOR TOMORROW
Bulls continued to rule
on the D-street on Thursday ahead of May derivative contracts' expiry, with
Bharti Airtel Ltd and NTPC Ltd leading gains, as investors awaited appointments
for key ministries at Prime Minister Narendra Modi's swearing-in ceremony.
Market witnessed a rally over PM Modi's landslide victory in the general
elections last week. PM Modi will be sworn-in for a second term later in the
day and is expected to name his new cabinet ministers. The Nifty was up at
11917, while the Sensex was trading higher at 39722.
A stable government is
attractive and stocks are outperforming on hopes of new policies. After
today's ceremony (ministry announce
Wednesday, May 29, 2019
NIFTY OUTLOOK & NIFTY OPTION TIPS FOR 30 MAY 2019
"BUY YESBANK 160 JUN CALL @ 8.3 TGT 10.3/12.3"
Market was off bit
because of F&O expiry on May 30. The Sensex closed 247 points at 39502,
while Nifty was down 67 points at 11861. Nifty on Wednesday negated
the formation of higher lows of last three sessions and got stuck in the wider
trading range of the election results day. It failed to surpass the previous
day’s closing of 11930 and drifted towards the 11835 level. The
index got stuck in a 130-point range between 11,800 and 11,950 levels in last
three sessions and now needs a decisive range breakout to get some momentum in
the market.
Tuesday, May 28, 2019
NIFTY OUTLOOK & NIFTY OPTION TIPS FOR 29 MAY 2019
BUY BANKNIFTY 31800 CALL @ 120 TGT 160/200
BUY RBL BANK 720 CALL @ 5.2 TGT 8.2
A volatile trading session ended on positive note. After elections outcome, markets is in consolidation face and shifted its focus towards macro data , onset of monsoon , events like RBI Monetary Policy slated next week (6th June ) and also on Union budget . On global front, US-China trade wars along with rise in Oil price will determine further trend of the market. We continue to remain optimistic, as the new government is expected to continue with its infrastructure thrust and focus on rural schemes. The indices ended higher in the consolidation day. The Sensex was up 66 points at 39749, while Nifty was up 16 points at 11941.
Subscribe to:
Posts (Atom)