Thursday, April 3, 2014

NIFTY AT ALL TIME HIGH

Sell Tatamotors future below 411.40 tg 410,408.50 sl 413.90
Buy Nifty future above 6780 tg  6810,6830,6870 sl 6750
NIFTY FUTURE OUTLOOK FOR TOMORROW
Market reverses after scaling record high of 6799.65  i.e almost 6800 which we have predicted yesterday .Nifty fell till the level of 6736 again bulls captured driver seat and made nifty future to settle at the level of 6774.The index continues to move up and is now within the striking distance of the much cherished level of 6820....

MUST KNOW BEFORE TRADING IN NIFTY

  • The rupee on Wednesday ended flat at 59.90 against the dollar after surrendering initial gains on mild dollar selling by exporters. 
  •  Trading of Nifty futures on the stock exchange indicates that the Nifty could gain 5.50 points in morning session.
  • DOW JONES  40 points up 16,573
  • NIKKIE 130  points  up  @ 15,076
  • HENG SENG 92 points up @ 22,616
  •  Results today : Kitex Garments Ltd

Wednesday, April 2, 2014

NIFTY NEAR THE LEVEL OF 6800

NIFTY FUTURE OUTLOOK FOR TOMORROW
Nifty future edged higher and hit a fresh high of 6798 at the onset of trading session.It made a low of 6753 and finally recovered from here to end at the level of 6796.
The rally goes on unabated! Unless the Nifty falls below 6670  and stays above that level in tomorrow’s  trading session the bulls would continue to hold the reins....

KEYS TO TRADE IN NIFTY

  • The dollar got some strength against the rupee in the interbank market, dealers said. It started the day’s trading at Rs 97.70, with 10 paisa up it closed at Rs 97.80 for buying and Rs 98 for selling.
  • Trading of  Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 56 points in morning session.
  • DOW JONES  74 points up @ 16,532.
  • NIKKIE 219  points  up  @ 15,011
  • HENG SENG 72 points up 22,521
  • Upcoming Results: Kitex Garments Ltd

Tuesday, April 1, 2014

NIFTY OUTLOOK FOR TOMORROW

 A very good volatile trading session was witnessed today, nifty future had good start at the level of 6765 later it dropped till 6705 in noon session again marched to end in 6761.We got our second  ever Nifty close above the 6700-mark and also another record high at 6765 ; the latter is happening every day for the last six sessions consecutively—it’s as if we have grown habituated by it. So far, so good! Now, the first sign of   the bullish armor is visible today it’s a bearish pattern but it needs follow on selling. We ought to understand that this suggests a probable sell off in case we sustain below 6670 on good volume activity. However, so long as the level of 6650 is held, the bulls can again push it up higher. Tomorrow nifty level of 6775-6790  is to be monitored .

KEYS TO TRADE IN NIFTY FOR TUESDAY

  • The rupee breached the 60-per-dollar mark for the first time in eight months on Friday
  • Trading of Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 20 points in morning session.
  • DOW JONES  134 points up @ 16,457.
  • NIKKIE 42  points  down  @114,785
  • HENG SENG 210 points up @ 22,361
  • Upcoming Results: Kitex Garments Ltd

Monday, March 31, 2014

NIFTY ABOVE 6700


NIFTY FUTURE OUTLOOK FOR TUESDAY
The Week begun on a green note, today nifty future crossed the level of 6700..Nifty Future opening at 6759..made a high of 6765 and low of 6706 and ended at 6739..nifty future moved in a range of 59 points throughout the day... Today the markets didn't make so much gains, but it hit the new highs..
We are expecting the uptrend is likely to continue Tomorrow also in the near term as India is better placed as investment destination than other emerging markets..

KEYS TO TRADE IN NIFTY

  • On Friday rupee touched the level of 60 against the  dollar in early trade  on fresh selling of the US currency by exporters and banks.
  • The market may extend recent strong gains,Trading of Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 28 points in the morning session.
  • DOW JONES  58  points up 16,323
  • NIKKIE 62  points up @14,758
  • HENG SENG 20 points up @ 22,085
  • Upcoming Results: Kitex Garments Ltd