NIFTY OUTLOOK & FREE NIFTY TIPS FOR 14 AUGUST 2015

Benchmark indices ended the session on a flat note amid volatility. Pharma shares gained amid a slide in the rupee and banking shares rallied on hopes of a rate-cut by the central bank on the back of easing consumer price inflation and growth in industrial production. However, the upside was capped as the monsoon session of Parliament came to an end without the passage of any key legislation.The 30 share sensex ended at 27550 levels, up by 37 points while the Nifty ended at 8356 levels, up by 6 points. Nifty today closed at 8564 down around 24 points.

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 13 AUGUST 2015

FOR MORE ROCKING CALLS FILL UP THE FORM GIVEN TO YOUR RIGHT SIDE

Markets nosedived on global weakness which was caused on fears of further devaluation ofChina currency yuan. Further, it seems unlikely to pass GST bill in this monsoon session of Parliament which ends on Thursday. The sensex and Nifty closed 353 points and 108 points down at 27512 and 8353, respectively on Wednesday as uncertainty over the fate of goods and services tax (GST) bill and global volatility following devaluation of the Chinese yuan weighed on blue chips.

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 12 AUGUST 2015

"BUY UNITECH FUTURE ABOVE 8 TG 8.4/8.9 SL 7.2"

"BUY NIFTY 8500 PUT @ 94 TG 116/136 SL 64"

The  Sensex and NSE Nifty closed 235 points and 63 points lower at 27866 and 8462, respectively, led by declines in banking stocks after State Bank of India’s quarterly results disappointed investors. Markets fell for third day in a row tracking weakness in Indian rupee and logjam in Parliament. The Sensex fell 235 points to close at 27866 and Nifty declined 63 points to shut shop at 8462. The sentiment further took a knock after State Bank of India- country's largest public sector lender reported its first quarter numbers.

SBI drops after Q1 results; Sensex, Nifty continue to struggle

The SBIN Q1 result was announced during market hours today, 11 August 2015.
State Bank of India fell 2.17% to Rs 276.95 at 12:48 IST on BSE after net profit rose 10.25% to Rs 3692.43 crore on 9.79% growth in total income to Rs 44730.87 crore in Q1 June 2015 over Q1 June 2014.

NIFTY OUTLOOK & NIFTY TIPS FOR 11 AUGUST 2015

Markets corrected in the last thirty minutes of the session owing to hurdles in the passing of the GST Bill along with some stock specific action as well. Sharp sell-off in the last 30 minutes of the trading following reports that the GST Bill is unlikely to be passed in the ongoing monsoon session of Parliament pulled the Sensex and Nifty down on Monday. As a result, the key benchmark indices pared their day’s gains and ended around 0.5 per cent lower than their previous close. The Sensex and NSE Nifty lost 134 points and 39 points at 28101 and 8525, respectively.
The Sensex opened the day at 28250 and touched a high and low of 28417 and 28017, respectively. The Nifty opened at 8577 and touched a high and low of 8621 and 8497, respectively.

NIFTY TECHNICAL REPORT DAILY & WEEKLY CHARTS FOR NEXT WEEK 10-08 -2015

DAILY RESISTANCE FOR NIFTY: 8617, 8640, 8684, 8728

PIVOT POINT: 8596

DAILY SUPPORT FOR NIFTY :  8573, 8552, 8508,8464

DAILY CHAT FOR NIFTY:  

WEEKLY RESISTANCE FOR NIFTY: 8673, 8752, 8943,9134

PIVOT POINT: 8561
WEEKLY SUPPORT FOR NIFTY :  8482, 8370, 8179,7988

WEEKLY CHAT FOR NIFTY:

TECHNICAL ANALYSIS FOR NIFTY

The Sensex was down 61  points at 28236 as PSU banks corrected while oil stocks surged. The Nifty slipped 24 points at 8564. About 1379 shares advanced, 1545 shares declined and 152 shares were unchanged. Nifty future opened on a shaky note but moved up firmly for the rest of the session and has closed above the 8600 region. It is a continuation formation on the charts since a higher low and higher high was posted in this session. Having closed above 8600 after a few failed attempts, this region will be crucial in determining the movement for the day. It is the immediate support and as long as this holds on dips, the going is to be strong with 8700 as the net target. Below 8600, support will be found in the 8590, 8565, 8530, 8500 region but the critical level is around 8475-8470 and a close below this level will signal weakness.

Price if sustains above 8590 - may rally till 8680. 

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 10 AUGUST 2015

Domestic equity markets opened on a flat note on Friday. The markets today showed sideways movements taking cues from global markets. Also the weakness some of the heavy weight counters kept the markets under pressure. Market participants were taken a cautious approach ahead of US job data that could act as a strong cue to when the Fed will raise interest rates. Markets continue to trade in consolidation mood; shutting the last day of the week lower. Disappointing earnings by State-run BHEL and profit booking in select banks, financials and pharma stocks dragged the indices lower. Investors prefer to book profit ahead of key US marco economic data which will be released tonight.

NIFTY OUTLOOK & FREE NIFTY TIPS FOR FRIDAY 7 AUGUST 2015

The Sensex rose 75 points to 28298 on Thursday in a volatile trading session. The key benchmark index opened at 28291 and touched a high and low of 28359 and 28163, respectively. Similarly, Nifty index on the National Stock Exchange ended 19 points higher at 8587. Nifty opened at 8585 and touched a high and low of 8606 and 8551 on Thursday.