NIFTY CHART & NIFTY WEEKLY REPORT UPCOMING WEEK FOR MONDAY 30 NOVEMBER 2015

DAILY RESISTANCE FOR NIFTY: 8000, 8028, 8099, 8170

PIVOT POINT: 7957

DAILY SUPPORT FOR NIFTY :  7929, 7886, 7815,7744

DAILY CHART FOR NIFTY

WEEKLY RESISTANCE FOR NIFTY: 8036, 8085 ,8122,8200

PIVOT POINT: 7921

WEEKLY SUPPORT FOR NIFTY :  7875, 7811, 7742,7622

WEEKLY CHAT FOR NIFTY

Sensex opened the week at 25785, made a high of 26184, low of 25703 and closed the week at 26128. Thus it closed the week with a gain of 260 points. At the same time the Nifty opened the week at 7869, made a high of 7985, low of 7806 and closed the week at 7972. Thus the Nifty closed the week with a gain of 86 points.

TECHNICAL ANALYSIS FOR NIFTY FUTURE AS PER TECHNICAL,

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 30 NOV 2015

On the first day of December F&O series, Sensex and Nifty outperformed global peers on the back of buying demand among sectors like financials, metal and capital goods. Investors took fresh position on the first day of December series on hopes that the government would pass a key reform on a goods and services tax (GST) in the ongoing winter session of the Parliament. The Sensex closed higher by 170 points at 26128 and the Nifty rose 59 points to end at 7943. The impressive line-up of events as well as disappointing Q2 earnings will cause investors to be cautious on frontline names. Volatility could be high due to news flows from Parliament, auto sales numbers and RBI’s Monetary Policy in India and global factors such as continued nervousness in China and war on terror in the Middle-East.

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 27 NOV 2015

The market rebounded after a fall in previous two consecutive sessions, closing the November F&O expiry above 7850 level on hopes of passage of Goods & Services Tax (GST) Bill in Winter Session of Parliament. The domestic equity market traded with smart gains on Thursday bucking the muted trend seen in other Asian and European markets. Ahead of the expiry of November F&O series, which expired at the end of the trading session, investors initiated fresh positions on the benchmark indices. Equity benchmarks closed near to their psychological levels (7900 on the Nifty and 26000 on the Sensex). The Sensex was up 182 points or 0.71 percent at 25958 and the Nifty rose 52 points or 0.67 percent to 7883.

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 26 NOV 2015

YESTERDAY’S NIFTY FUTURE CALL ACHIEVED 1TG @7790 MADE LOW 7806

 “SELL NIFTY BELOW 7820 TG 7890,7860 SL 7840”

In a volatile trading session, the domestic markets ended lower on Tuesday, tracking muted trend seen in other Asian markets. Gains were also capped on caution ahead of the expiry of derivatives contracts in a holiday-shortened week. The Sensex ended the day 43 points down at 25775, while broader Nifty held its key support level of 7800 and settled at 7831, down 17 points.

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 24 NOVEMBER 2015

“SELL NIFTY BELOW 7820 TG 7790,7760 SL 7840”

FOR EQUITY TIPS VISIT CASH TIPS
The domestic markets ended lower in trade on Monday, swinging between minor gains and losses for most of the session. Markets have closed the session marginally lower, as investors remained cautious ahead of unscheduled meet of the US Federal Reserve later in the day.   Market Sentiment turned cautious ahead of the expiry of derivative contracts in a holiday-shortened week. The sensex closed 49 points lower at 25819 and the Nifty slipped 7 points at 7849. Market breadth remained negative with 17 of the 30 Sensex components ending the day in red. All eyes will be on December. There is a bit of caution going forward, there is our own rate action and the Fed rate action, which people are watching. The Market may remain cautious on account of factors like expiry which is due on Thursday, 26th Nov and the start of the winter session on the same day. In the meantime, global market may remain cautious as the focus is on the Fed rate hike which is likely to happen in Dec’15 – Jan’16.

NIFTY CHART & NIFTY WEEKLY REPORT UPCOMING WEEK FOR MONDAY 23 NOVEMBER 2015

DAILY RESISTANCE FOR NIFTY: 7908, 7966, 8022, 8076

PIVOT POINT: 7865

DAILY SUPPORT FOR NIFTY :  7807, 7774, 7712,7663

DAILY CHART FOR NIFTY

DAILY RESISTANCE FOR BANKNIFTY: 17210, 17350, ,17450,17600

PIVOT POINT: 7818

DAILY SUPPORT FOR BANKNIFTY :  17900, 17822, 17711,17500

DAILY CHAT FOR BANKNIFTY

Sensex rallied as many as 217 points in intraday trade, but pared most of the gains in last hour of trade to close at 25,868, up 0.10 per cent, or 27 points. The 50-stock barometer Nifty50 gained 14 points, or 0.18 per cent, at 7,851. The index ended the week with gains for the first time in four; Sensex gains 257 points, or 1 per cent while NIfty was up 94 points, or 1/21 per cent. Banknifty close at 17050, up 0.5 per cent, or 92 points. Made high of 17349 and made low of 16787.

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 23 NOV 2015

A bout of volatility was witnessed as key benchmark indices continue to hover in positive terrain in afternoon trade. The domestic markets cut most of its intraday gains to end marginally higher on Friday but recorded their first weekly gain in four. The S&P BSE Sensex ended the day at 25868, up 26 points. The index had reclaimed its key psychological level of 26000 in the afternoon trade. The Nifty settled at 7856, up 13 points. The 50-share index had topped its crucial 7900-mark earlier in the day.  Market breadth remained positive with 19 of the 30 Sensex components ending the day in green.

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 20 NOV 2015

YESTERDAY’S  JPASSOCIAT  ACHIEVED 1ST TGT

“BUY NIFTY ABOVE 7860 TG 7900/7930 SL 7820”

Market today came back to life from two-month lows.  The Indian equity markets are still soaring high, after a gap-up opening, mainly on the back of short-covering and strength witnessed in global peers. The broad based rally across the banking and auto shares lifted the sentiment. The Sensex ended 359 points higher at 25841, its biggest single-day percentage gain since October 5. The Nifty settled 110 points higher at 7842, also its biggest gain since October 5.