Thursday, April 23, 2015

NIFTY OUTLOOK FOR FRIDAY 24 APRIL 2015

FOR BEST CASH,FUTURE,NIFTY FUTURE,STOCK FUTURE FILL UP THE FORM GIVEN RIGHT SIDE>>>>>>>>>>>>>>> 
On Friday market was very volatile. The nifty future opened with a huge gap-up at 8478. However, it failed to sustain at higher levels and reversed sharply lower after recording a high of 8504. The nifty made a low of 8361 and is again bouncing back from there and closed at 8398.

Tuesday, April 21, 2015

NIFTY OUTLOOK FOR WEDNESDAY 22 APRIL 2015

Volatility was witnessed there in the market today. Nifty opened at 8416 made a high of 8469 and low 8352 and closed at 8377 total 117 points was played by nifty throughout the day.Concern over earnings of companies, and the retro-tax for FIIs issue spooked the market hard: back to back another triple digit falls in the Nifty; this also happens to be the steepest fall for the year to date. Our reading of the market was spot on—the technical signs were all too apparent that a fall would be quite likely and it did. However, this was a kind of panic selling that we saw, our understanding is that we have reached a strong support zone, and given the buoyant mood in the US there is likely to be some pullback rally in our market

Monday, April 20, 2015

NIFTY VIEW FOR 21 APRIL TO 24 APRIL 2015

"BUY NTPC ABOVE 161 TGT 170 SL 152"
"SELL L&T FINANCE BELOW 64.00 TGT 61.50 SL 66.00"
Indian market ended the day in red ahead of the Vote On Account on Monday. The Sensex ended the day at 27886, down 555 points. The broader 50-share Nifty closed session below 8500; at 8448 , down 157 points. while the NIFTY lost 83 points to close at 6001. Contraction in industrial output for the third straight month and fears of another rate hike caused selling pressure among investors.The Indian market is likely to make a soft opening today tracking mixed global cues. The early indicator, SGX Nifty was up 33 points at

Thursday, April 16, 2015

NIFTY OUTLOOK FOR FRIDAY 17 APRIL 2015

Tomorrow will be the result for Reliance.... For outlook on Reliance result or view on different stocks please visit CASH TRADING TIPS 
The market saw a sort of a meltdown in today’s trading session—the index fell sharply and hit the low of 8645 only to recover a little to close at 8706. Sensex on Thursday fell over 133 points to close at a one-week low of 28666. With IT shares coming under selling pressure on caution ahead of TCS results. Nifty also dropped by 43 points to end at 8706 after shuttling between 8760 and 8645 intra-day. Despite the fall being so sharp and widespread, neither the bears nor the bulls had the required confidence to really build more positions primarily due to the fall happening in today’s session; this is borne by the fact that both the call and the put options saw significant unwinding during the session. What we saw on the end-of-day bar chart is a one-day bar reversal at the top. Secondly, the same pattern—in this case—also shows a bearish engulfing pattern at the top: Thus, the overall impact is likely to be negative since the price bias is clearly bearish.

Wednesday, April 15, 2015

NIFTY OUTLOOK FOR THURSDAY 16 APRIL 2015

After managing a steady recovery during the course of the day, the market fell like a pack of cards. The market snapped its seven-day winning streak after all round selling in the last hour of the day dragged the indices lower. The Sensex shed 245 points, while Nifty slipped 84 points. Nifty slipped below 8800-level by falling 83 points to close at 8750. Intraday, it hovered between 8840 and 8722. For the most part of the day, the Indian benchmark indices traded in a choppy fashion.

Thursday, April 9, 2015

NIFTY OUTLOOK FOR FRIDAY 10 APRIL 2015

“BUY NIFTY FUTURE @ 8790 TGT 8830/8870 SL 8840” 
Market extended its winning run to the fifth session today. In volatile movements,, Nifty index spurted by 63 points, to close at 8778. During the session, it shuttled between 8785 and 8682. We believe this move will extend further in the coming sessions also.