Market
remained on the backfoot for the second straight session today ahead of release
of GDP data as the Sensex slipped another 70 points to 28743. Investors
waited for the December quarter GDP data to find out if demand took a knock
following Prime Minister Narendra Modi's surprise decision to recall high-value
currency notes in November last year. The sensex which had lost 80 points
in the previous session, fell further by 69 points to 28743 after shuttling
between 28876 and 28721. The Nifty eased by 17 points to close at 8879. It
moved between 8914 and 8867 intra-day.
Tuesday, February 28, 2017
Friday, February 24, 2017
NIFTY WEEKLY REPORT FOR 27 FEB TO 03 MAR 2017
WEEKLY RESISTANCE FOR
NIFTY: 8938, 8981, 9012, 8942
PIVOT POINT: 8895
WEEKLY SUPPORT FOR
NIFTY : 8865,8834,8791,8748
WEEKLY CHAT FOR NIFTY
DAILY RESISTANCE FOR
NIFTY: 8960, 8972, 8989,8905
PIVOT POINT: 8948
DAILY SUPPORT FOR
NIFTY : 8932, 8915, 8903,8891
DAILY
CHART FOR NIFTY
Sensex opened the week at 28481, made
a high of 29065,
low of 28419 and
closed the week at 28892.
Thus it closed the week with a gain of 424 points. At the same time the Nifty
opened the week at 8818,
made a high of 8982,
low of 8809 and closed the week at 8939. Thus the Nifty closed the week with a gain of 118 points.Indian equity, forex, money will remain closed today to observe Mahashivratri. The market on Thursday settled flat after
a smart rally thanks to gains in IT and telecom stocks on the expiry of
February derivative contracts.The Sensex crossed its crucial psychological of 29,000 in intraday trade, while the
Nifty also went above its 52-week high for the first time since September 2016.
RELIANCE JOINS THE BULL PARTY.
Wednesday, February 22, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 23 FEB 2017
The Sensex rose on Wednesday as Reliance Industries
climbed to a near 8-year high after investors welcomed plans by its telecom
unit to start charging customers for services. Nifty closed at 8926
levels, up by 19 points; while Sensex closed at 28864 levels, up by
103 points. Investors were however expected to remain cautious ahead of the
release of minutes from a policy meeting by the Reserve Bank of India earlier
this month when it held interest rates steady, unexpectedly shifting its policy
stance to “neutral” from “accommodative”. The overall sentiment in the market remains positive
and we can expect to see the indexes touching new highs soon.
Tuesday, February 21, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 22 FEB 2017
Nifty
hits 8900 for the first time since September 9, 2016. Nifty managed to settle
marginally higher in a volatile session today. The first half was dull but
rebound in select banking majors in latter half fueled the momentum. Amid all,
participants were busy in rollover and unwinding their derivatives positions. The
Sensex closed higher on Tuesday, while IT stocks extended gains following a
share buyback plan by Tata Consultancy Services Ltd. Sentiment was broadly
cautious with Asian shares largely flat after a holiday in the US markets on
Monday. The Sensex closed higher by 100 points to 28762, while the Nifty rose
29 points to 8908.
Monday, February 20, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 21 FEB 2017
The Sensex surged over 126 points and Nifty reclaimed
the 8800-level in early trade today as domestic investors and foreign funds
indulged in sustained buying ahead of key industrial output numbers to be
released later in the day. Besides, better-than-expected earnings by some
more companies also fuelled the positive sentiment. Lacklustre quarterly
readings of a few Nifty companies kept sentiment depressed. On top of it, rush
to take profit at the fag end of trading washed off much of the initial gains.
The Nifty, which rescaled the 8800 mark and touched a high of 8822 intra-day,
finished at 8793, up 15 points.
Friday, February 17, 2017
NIFTY WEEKLY PREDICTION FOR 20 FEB TO 23 FEB 2017
WEEKLY
RESISTANCE FOR NIFTY: 8786, 8846, 8876, 8905
PIVOT
POINT: 8757
WEEKLY
SUPPORT FOR NIFTY : 8727,8697,8667,8608
WEEKLY CHAT FOR NIFTY
DAILY
RESISTANCE FOR NIFTY: 8849, 8865, 8885,8904
PIVOT
POINT: 8832
DAILY
SUPPORT FOR NIFTY : 8790, 8777, 8760,8724
DAILY
CHART FOR NIFTY
Sensex opened the week at 28355, made
a high of 22575, low of 28122 and closed the week at 28440.
Thus it closed the week with a gain of 115 points. At the same time the
Nifty opened the week at 8836, made a high of 8872, low of 8727and
closed the week at 8826.Thus it closed the week with a gain of 22points.Indices settled the day higher, gaining for the fourth
straight week driven by financials even after RBI put HDFC
Bank back in the FII ban list.The
Central Bank said the private bank has crossed overall limit of 74% of its
paid-up capital and no further purchases of shares the bank would be allowed
via exchanges for FIIs. It had allowed foreign investors to resume buying in
the private bank earlier.
Thursday, February 16, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 17 FEB 2017
Market Sensex surged by 146 points today to close at
28301, snapping a two-session losing run as IT stocks led the recovery after
TCS said its board will consider share buyback next week. The Nifty rose 53 points to 8778. The Sensex,
after opening on a strong note at 28,223.85, succumbed to profit-booking and
slipped into the negative terrain to hit the day's low of 28146 before bouncing
back to close higher by 145 points at 28301. It touched an intra-day high of 28327.
The gauge had lost 196 points in the last two days. The Nifty gained 53 points to
8778. Intra-day, it shuttled between 8783 and 8719.
Wednesday, February 15, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 16 FEB 2017
The
Sensex extended its losses for the second straight day, falling over 69 points
on Wednesday on sustained selling by investors amid disappointing corporate
earnings. The Sensex fell further with auto, realty, healthcare and consumer
durables stocks leading the fall. The gauge had lost 12 points in the previous
session. The Sensex closed lower by 184 points to 28156, while the Nifty
50 fell 68 point to 8725. Despite positive cues from Asian and European
markets, Indian stocks trade lower today, with investors continuing to press
sales, amid concerns about near term economic outlook and on some disappointing
quarterly results.
Tuesday, February 14, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 15 FEB 2017
Market
ended flat with a negative bias on Tuesday, mirroring weak Asian markets and mixed cues from
Europe, as investors awaited Fed chief Janet Yellen's testimony before
Congressional committees today and tomorrow. The Sensex finished down 12 points
at 28339, dragged down by auto stocks. The Sensex touched a high of 28386
points and a low of 28263 points during the intra-day trade. The broader Nifty
index fell by 12 points to 8792.
Monday, February 13, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 14 FEB 2017
"BUY YESBANK FUTURE ABOVE 1458 TG 1469/1484 SL 1447""SELL HINDALCO FUTURE BELOW 183 TG 181.2/177.4 SL 186"
The week has started on positive note. Today market showed a range-bound movement wit positive bias as investors are awaiting CPI inflation data today. The Sensex inched up by 17 points to close at 28351, while the Nifty went past the 8800 level. The Index slipped to touch a low of 28197
before settling 17 points, higher at 28351. The Nifty too settled 11 points higher at 8805 after
shuttling between 8826 and 8754 level. Due to a slowdown in demand on account of demonetization, the CPI inflation is likely to moderate further and it will not
create much impact on RBI to change their current neutral stance. Focus will be
on earnings and a revival in demand with realization growth.
Friday, February 10, 2017
NIFTY WEEKLY PREDICTION FOR 13 FEB TO 17 FEB 2017
WEEKLY
RESISTANCE FOR NIFTY: 8819, 8848, 8875, 8900
PIVOT
POINT: 8790
WEEKLY
SUPPORT FOR NIFTY : 8764,8737,8700,8679
WEEKLY CHAT FOR NIFTYDAILY RESISTANCE FOR NIFTY: 8823, 8840, 8864,8890
PIVOT
POINT: 8811
DAILY
SUPPORT FOR NIFTY : 8780, 8767, 8743,8700
DAILY
CHART FOR NIFTY
Sensex opened the week at 28426, made
a high of 22469, low of 28168 and closed the week at 28325.
Thus it closed the week with a gain of 457points. At the same time the
Nifty opened the week at 8808, made a high of 8843, low of 8732and
closed the week at 8809.Thus it closed the week with a gain of 137points.Indices settled the day flat even ahead of December factory
output later today on hopes of reviving economy. The factory output grew by
5.7% in November even after the note ban announced by PM NarendraModi. Sentiment
was also affected as Asian shares rallied to an 18-month peak on Friday, as
investors cheered upbeat Chinese trade data.Nifty continued to hover around
8,800 levels.
Thursday, February 9, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 10 FEB 2017
Market erased early losses to close modestly higher on
Thursday, with IT stocks taking the lead after recent steep losses on worries
over H1B visa policy changes in the U.S.
The Sensex rose 39 points to 28329, snapping two days
of losses. The Nifty index added 9 points to finish at 8778. The Sensex which
opened at 28349 points, traded at 28281 points down 8 points, from the previous
close at 28289 points. The Sensex has so
far touched a high of 28469 points and a low of 28152 points during intra-day trade.
Tuesday, February 7, 2017
NIFTY PREDICTION & FREE NIFTY CALLS FOR 8 FEB 2017
"BUY LT FUTURE ABOVE 1500 TGT 1508/1517 SL 1488"
"BUY BANKNIFTY 20300 9 FEB PUT @ 120 TGT 166/189 SL 40"
The
market snapped its four-day winning streak driven by the Union Budget, as
investors turned cautious ahead of the outcome of the two-day monetary policy
committee meeting due Wednesday. The Sensex fell 104 points to 28335 and the Nifty
declined 33 points to 8768 on profit booking after rising 3% each in previous
four consecutive sessions. The consolidation to continue on Wednesday as the
market seems to have priced in rate cut that is likely in forthcoming monetary
policy on February 28. Investors are stepping back due to the uncertainty over
FOMC rate hike, US policies and rising crude price which could impact inflation
and rupee movement which consequently cast a shadow over the future RBI
decision.Monday, February 6, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 7 FEB 2017
“BUY WOCKPHARMA ABOVE 720 TGT 735/745 SL 700”
“SELL WOCKPHARMA BELOW 699 TGT 685/675 SL 720”
The Budget-induced optimism got a leg to stand on as
the Sensex today pushed higher for the fourth day by scoring 199 points to close
at 28439 a 4-month high after hopes built up that RBI might go in for a rate
cut at the Wednesday’s policy meet. The NSE Nifty retook the crucial 8,800-mark
today. Benchmark indices ended at 5-month closing highs on Monday, with
the Sensex rising 198 points to 28439. The Nifty gained 60.10 points at 8801. We
have looked at the three year data of Sensex and Nifty performance a week after
the budget announcement. Looking at the trend, the markets have not
disappointed atleast for a week post the Budget since 2014.
Thursday, February 2, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 3 FEB 2017
There was some
consolidation In today's trading session after the moves we saw yesterday. Nifty was oscillating in the
positive and negative territory in the morning. Markets have shown an upward
movement afternoon trading session. It touched a high of 8757 levels, up by 40
points. Nifty closed at 8734 levels, up by 18 points; while Sensex closed at
28226 levels, up by 85 points. Nifty and Sensex closed at four months’ closing
high.
Wednesday, February 1, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 2 FEB 2017
The market recovered the lost ground as
finance minister Arun Jaitley made no reference to long-term capital gains
tax on equities, and also set a comfortable fiscal deficit target of 3.2% for
the fiscal year 2017-18. After the Budget speech, the Sensex gained over 400 points to reclaim 28000 level,
while NSE Nifty surged above its crucial 8650 mark.
Tuesday, January 31, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 1 FEB 2017
The Nifty in closing hours is struggling to touch 8600
levels on the higher side, whereas Sensex showing the same trend and finding it
difficult to reach 27,800 levels. There were signs of anxiety in the
market as the Sensex on Tuesday slumped 194 points ahead of the budget—to be
presented on Wednesday—to a one-week low of 27656 and the Nifty slipped below 8600
after the Economic Survey projected a lower growth of 6.5% for 2016-17. The
Sensex closed down 193 points, at 27655, its lowest closing since 24 January
when the figure was 27375. It had lost 33 points in the previous session. The Nifty,
which hit a low of 8552 intra-day, managed to cut down losses and ended lower
71 points at 8561.
Monday, January 30, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 31 JAN 2017
Market ended rangebound session flat with a
negative bias on Monday as investors turned cautious ahead of the Union
Budget on February 1. The market fell for first time in last five consecutive
sessions, partly due to weak global cues. The Sensex lost 32 points to
close at 27849. While the Nifty ended below the 8650-mark at 8632, Intra-day,
it traded between 8617 and 8662. Markets are a little wary of what lies in the
budget and have probably have rallied too far on the assumption that some good
is in the offing.
Friday, January 27, 2017
NIFTY NEXT WEEK PREDICATION FOR 30 JAN TO 03 FEB 2017
NIFTY CALL GIVEN IN LAST POST ACHIEVED ALL THE TGTS ROCKING NIFTY CALL
WEEKLY RESISTANCE FOR NIFTY: 8602, 8692, 8739, 8785
WEEKLY RESISTANCE FOR NIFTY: 8602, 8692, 8739, 8785
PIVOT
POINT: 8512
WEEKLY
SUPPORT FOR NIFTY : 8466,8419,8329,8239
WEEKLY CHAT FOR NIFTYDAILY RESISTANCE FOR NIFTY: 8700, 8727, 8755,8784
PIVOT
POINT: 8670
DAILY
SUPPORT FOR NIFTY : 8656, 8635, 8613,8564
Nifty posts biggest weekly gain
in 8 months
Sensex opened the week at 27204, made
a high of 27961, low of 27015 and closed the week at 27868.
Thus it closed the week with a gain of 834points. At the same time the
Nifty opened the week at 8369, made a high of 8698, low of 8366and
closed the week at 8672.Thus it closed the week with a gain of 271 points.Nifty settled the day on a higher note,
extending gains for the fourth day straight, as investors remain optimistic
ahead of the Union Budget next week. Better than expected
corporate earnings also aided the sentiment.Nifty hovered around the all-crucial 8650
level before closing below it.
Nifty Headed Towards 9000
Levels, Go Long At Every Dip For Now
Indian Stock Market is still in
positive zone. Now, Nifty is headed towards 9000 levels. We would see some
profit booking that would be temporary in nature. 8510 is a monthly reversal
levels. Since we have 2 trading sessions left for the JAN month, hence if Nifty
closes above 8510 levels in next 2 trading session then we would see levels of
9000 breaching in the month of February itself as Nifty would see monthly
reversal from the downtrend. FIIs have seen a good buying in cash and future
segment in last trading session. Friday, a new F&O contract was started and
FII seen a stable buying today also, then there would be no major resistance
for Nifty before 9000 levels. Market has consolidated for almost 2 years and
this year can be a major breakout level.
If Union Budget is neutral or positive,
we may see sharp positive rally that would stop after making new highs. Banking
sector would be a major driver for Nifty. But there is a small caution of
monthly levels for Nifty. Nifty if closed below 8510 levels in next 2 trading
sessions then we would see a sharp fall after Union Budget. After a sharp
positive run for last couple of days, we expect some profit booking near
resistances but traders can continue to hold long positions and buy at every
dip in the market for now.
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