Saturday, August 2, 2014

NIFTY FUTURE PREDICTION FOR MONDAY 04-AUGUST-2014

On the week ended Friday, the Sensex came under intense selling pressure in the last 1 hour of trade, falling as much as 435 points, which also marked its biggest single-day fall since July 8. Nifty future also witnessed a downfall at the time of closing. After a firm opening at 7686 level nifty future made a high of 7744 and in the mid-session the market was slumped down at 7611 due to losses in realty, banks, pharma and auto stocks and closed at 7624. Now it is just beginning of the august series and Monday will be the second trading session of august series, so for Monday we are likely to see a strong trading session, recovery is expected in the market. In fact, the end-of day bar chart pattern seems to suggest still there are enough buyers to support the nifty close to the 7000-mark for the Nifty future thus, it would not be that easy for the bears to push the market down at one go. 

Friday, August 1, 2014

BOUNCE BACK EXPECTED ; SOON NIFTY 8000

In the July series there was a tough fight witnessed between the bulls and bears. Bulls was trying to take nifty to the level of 7900-8000, but was be unsuccessful  & bears pulled nifty to the level of 7720-7610 level. Nifty faced so many ups & down throughout the July series. Nifty July future begins with the level of 7600, Traders & investors was expecting that nifty will touch 7900-8000 level; Most of the expectations are running a little ahead of what the government can actually do in the mid-year. Apart from the expectations the nifty was just oscillating around 7600-7850 levels. The hurdles for nifty were 7672-7805, these levels were mostly faced by nifty July future. Traders were expecting that after budget sessions market will get a strong & positive direction, but still the movement of the market is not strong.

Wednesday, July 30, 2014

NIFTY PREDICTION FOR THURSDAY 31-JULY-2014

"Sell SBIN Future Below 2450 Tgt 2429/2402 Sl 2477" 
"Buy Tatamotors Future Above 456 Tgt 462/469 Sl 451"
Volatility was witnessed in the market today .The Sensex regain its intraday losses of 141 points in trade on Wednesday and closed above its comfortable zone of 26000. The Sensex finally ended 96 points higher at 26,087. It hit a low of 25,850 and a high of 26,113 in trade today. The Nifty index also managed to regains comfortable zone 7750, supported by gains in consumer durable, banks, pharma and FMCG stocks. The Nifty index closed 42 points higher at 7,791. It hit a low of 7707 and a high of 7798 in trade today. Nifty future opened towards down side at the level of 7751, made a high of 7794 and low of 7711 and closed at 7788, total 83 points was moved by nifty future.

Friday, July 25, 2014

NIFTY FUTURE OUTLOOK FOR MONDAY 28-JULY-2014

Today a downfall was witnessed in the market. Recording the first drop in nine sessions, the Sensex today ended 145 points lower at 26,126 after selling pressure emerged in blue-chips as investors judged recent gains as excessive. The Nifty today after hitting an intra-day record high of 7,840 in the opening trade, slipped below the 7,800 level as selling pressure was witnessed. The Nifty had gained 376 points, in previous eight sessions. The Nifty in early trade hit record 7,840 but ended below the key 7,800 level to close at 7,790, down 40 points. Opened at 7820 made a high of 7832 and low of 7751, total 81 points was moved by nifty future, But the fall was only for 5 trading days while the current uptrend is already 8 sessions old. Hence, we would like to reiterate that we are in a bull market and nothing would damage the sentiment for the bullish sentiment so long as 7680 is not taken out in the upcoming session.

Thursday, July 24, 2014

NIFTY OUTLOOK FOR FRIDAY 25-JULY-2014

After moving in a narrow range for most part of the trading session, the Sensex picked up momentum in the last one hour of trade and rallied as much as 146 points to hit its fresh record high of 26,292 in trade on Thursday. The Sensex finally closed 137 points higher at 26,271 It hit a low of 26,077 and a lifetime high of 26,292 in trade today. The Sensex has already rallied over 24 % so far in the year 2014 and has become the top performing index in the world on a year-to-date basis. Nifty future also managed to hit fresh lifetime high of 7,835. Nifty Future started at 7788 made a high of 7839 and low of 7762 and closed at 7832, total 77 points was moved by nifty future. 

Tuesday, July 22, 2014

NIFTY FUTURE PREDICTION FOR TOMORROW 23-JULY-2014

"Buy Nifty 7700 Call @ 95 Tgt 125/135 Sl 62"
"Sell IDFC Future Below 161 Tgt 159.20/157.60 Sl 162.90"
The Sensex rallied over 300 points in trade on Tuesday to end above its crucial psychological resistance level of 26,000. The Sensex has rallied 3% in over six days to become world's top performing index. Tracking the momentum in nifty future, the Nifty index also managed to reclaim its crucial psychological level of 7750, supported by gains in realty, power, oil & gas and realty stocks. Today nifty future started at 7715 made a high of 7773 and low of 7706 and closed 7770, total 67 points was played by nifty future. 

Monday, July 21, 2014

NIFTY FUTURE PREDICTION FOR TUESDAY 22-JULY-2014

"Buy DLF 200 Put @ 1.95 Tgt 2.40/2.70 Sl 0.90"
Today market maintained uptrend throughout the day. The market remained in positive zone throughout the day. But, higher level could not be sustained due to weakness in European shares triggered by lingering geopolitical concerns. Indian stocks eked out small gains as monsoon rains picked up last week. With small gains Sensex and the Nifty, both settled at their highest level in two weeks. The market breadths indicating the overall health of the market was positive.. Today Nifty future started at 7701 made a high of 7719 and low of 7675 and closed at 7682, only 44 points was moved by nifty future. 

Saturday, July 19, 2014

NIFTY FUTURE OUTLOOK FOR THE WEEK WAS & THE WEEK AHEAD

In this whole week bullish rally was witnessed there in the market. The market gained in four out of five trading sessions in the week just gone by. The rally has been fierce with foreign institutional investors infusing nearly $23 billion in the Indian markets so far in 2014, mainly betting on the reform agenda by the new government. 
  • The market registered small losses after moving in a narrow range during the trading session on Monday, 14 July. The Sensex shed 17 points to settle at 25,006.
  • The market snapped five-day losing streak on Tuesday, Sensex garnered 221 points to settle at 25,228 on Tuesday.
  • On Wednesday 16 July a decent growth in India's merchandise exports in June 2014 triggered a rally on the domestic bourses . The Sensex garnered 321 points to settle at 25,549 on Wednesday.
  • The market eked out small gains after moving in a narrow range in intraday trade on Thursday, 17 July. The Sensex garnered 11 points to settle at 25,561 on Thursday.
  • The market edged higher in choppy session of trade on Friday, 18 July. The Sensex was up 80 points.