NIFTY FUTURE OUTLOOK FOR MONDAY 11-AUGUST-2014

In this whole week bulls and bears both had a tough fight, bulls were tried to get nifty to 7700-7730 but was failed and bears pulled nifty to 7442 level on the week ended Friday, bears win the fight. Market got declined on the last trading session of the week but the movement of the market was completely range bound. Today on Friday also nifty future started at 7604 made a high of 7618 and low of 7560 and closed at 7593, total 58 points was moved by nifty future throughout the day. The reason of market declination was the rising of crude oil prices and falls in rupee against dollar. At the end of session it tried to get recover but was failed due to selling pressure. We are likely to see a strong opening Monday. In fact, the end-of day bar chart pattern seems to suggest still there are enough buyers to support the market close to the 7700-mark for the Nifty future thus, it would not be that easy for the bears to push the market down at one go.

NIFTY FUTURE PREDICTION FOR THURSDAY 07-AUGUST-2014

"Buy ZEEL Future above 281 Tgt 283.40/285.90 Sl 279"

Today bearishness was witnessed in the market. Today bears were successfully takes nifty away from its comfortable zone of 7700. Session was started with negative note, and was continuously declined as selling in blue-chips weighed. Nifty slipped below its crucial level of 7700. Today nifty opened at 7736, made a high of 7738 and low of 7659 and closed at 7672 that why the Selling pressure was increased there in the market. Today nifty future also started at 7747 made a high of 7759 and low of 7676 and closed at 7698, total 86 points was moved by nifty future. For tomorrow some recovery will be expected in the market.

NIFTY OUTLOOK FOR TOMORROW 06-AUGUST-2014

Very volatile market was today. Market opened at 7734 made a high of 7788 and low of 7655 and closed at 7772, total 133 points was moved by nifty future. It has been a smart recovery; at least, the Nifty has managed to close above 7770. Now for tomorrow market will remain volatile with wild swing on either side. It needs to cross the levels of 7797 to retain the same bullish momentum. Now, the level of 7630 would be a key support level to watch out for. In case, in any profit taking, the index falls below 7680 and stays there expect selling pressure to mount again on the contrary staying above 7700 would pave the way for a minimum of 7720 – 7725 if not 7745 – 7760. Major support now, in this narrow range, then is located the levels between 7600 and 7550.

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. 

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.

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.

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.

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.