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.

FOLLOW UP OF STRIP OPTION STRATEGY FOR BUDGET 2017-18

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.