Wednesday, January 18, 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 19 JAN 2017

 The Indian stock market was trading in green on Wednesday on uptick corporate earnings, ahead of quarterly results from major banks. The Sensex ended the day at 27257, up 21 points while the broader Nifty50 settled the day above its 8400-mark, gaining 19 points. Axis Bank and Yes Bank are scheduled to report earnings on Thursday. The government's annual budget is due on February 1 and investors hope for incentives to support an economy hit by cash shortages after a ban on higher-value banknotes. Going forward, market maybe expecting things to be relatively better or at least expects no major negative surprises in numbers especially in relation to the larger financials who are index heavyweights.
We had talked of 8460 as the resistance for the Nifty, likewise, it hit the 8460 mark and then took a u-turn. 8400 will still act as an immediate support for now.
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Resistance: 8460, 8485, 8525
Support: 8400, 8350, 8300

Monday, January 16, 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 17 JAN 2017

"SELL NIFTY FUTURE BELOW 8430 TGT 8402/8370 SL 8451 "
"BUY IDFCBANK 65 CALL @ 1.10 TGT 1.45/1.75 SL 0.50 "
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After a weak opening bull has taken the charge in the market & took the nifty above 8400 level. On Monday Nifty index was trading above 8400 level. The sensex & nifty opened on a negative note taking weak cues from the Asian bourses this morning, but recovered in the late morning session itself and thereafter remained standstill throughout the session. Nifty managed to close above crucial level of 8400. Sensex closed above 27300 level. Realty and PSU Banks are top performing sectors. IT, Pharma and FMCG are in the weak position. , Investor pinning hopes that the deadlock over the GST bill will finally end.

Friday, January 13, 2017

NIFTY WEEKLY REPORT FOR 16 TO 20 JAN 2017

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WEEKLY RESISTANCE FOR NIFTY: 8421, 8481, 8512, 8544
PIVOT POINT: 8361
WEEKLY SUPPORT FOR NIFTY :  8329,8298,8238,8178
WEEKLY CHAT FOR NIFTY



















DAILY RESISTANCE FOR NIFTY: 8437, 8554, 8472,8490
PIVOT POINT: 8421
DAILY SUPPORT FOR NIFTY :  8385, 8368, 8352,8317
DAILY CHART FOR NIFTY

Sensex opened the week at 26741, made a high of 27257, low of 26711 and closed the week at 27218. Thus it closed the week with a gain of 459 points. At the same time the Nifty opened the week at 8266, made a high of 8457, low of 8241 and closed the week at 8420. Thus it closed the week with a gain of 152 points. on Friday, Indian technology giants, TCS and Infosys dragged markets in today’s session forcing markets to close in red. Both Nifty and Sensex retreated from the very first tick where the Nifty closed just at the 8400 mark while Sensex closed at 27238 shedding 9 points from the previous close.

Thursday, January 12, 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 13 JAN 2017

!!!SAIL MOVED ON OUR WORDS...!!!
Bulls Have Taken Charge…!!! Nifty has Moved Higher toward 8400 level. After a steady rally in markets on Wednesday, even as Nifty struggles to consolidate, it has gained over 8400 levels in Thursday's trading session, and Global Offshore has caught investors’ attention by gaining more than 3.5% on an intraday basis. The Sensex ended 106 points higher taking its winning streak to the third straight day. The Nifty index closed 26 points higher, above the psychological 8,400 mark. The Nifty hit the new level of 8400 on Thursday even as many sectors including Auto, FMCG, Metal, Pharma and Realty are trading in red on Thursday.

Wednesday, January 11, 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 12 JAN 2017


Bulls are back in the action. With an exuberant start bulls take both the indices higher.Today Nifty and Sensex closed at 84 and 219 points from the previous close. The Sensex climbed 0.9% or 241 points to 27140 while the Nifty advanced 1% to 8381. This was nifty first close above the 8300-mark since November 10. Sentiments remained bullish with Prime Minister Narendra Modi’s statement that India is on threshold of becoming most digitized economy in the world.

Tuesday, January 10, 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 11 JAN 2017

Indian Market was trading in very narrow range with a positive bias. With call writing happening at 8300 levels and 8400 levels for Nifty the upside seems capped at these levels for markets. Indian benchmark indices snapped two days losing streak and closed at two months high. Post the sideways movement till the afternoon session Indian markets broke out in the concluding half an hour where Nifty and Sensex closed 0.65% up at 8289 and 26900 levels respectively. The Sensex touched a high of 26914 points and a low of 26804 points during the intra-day trade. The NSE Nifty had inched down by 7 to 8236 points, while Sensex receded by 32 points to 26,860 points.

Monday, January 9, 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 10 JAN 2017

The market remained range-bound in choppy trade today, ending about Sensex (33) points down as investors preferred to stay light ahead of earnings season and macroeconomic numbers amid estimates of slowdown in the country's GDP growth. Caution prevailed on sustained outflows by foreign funds ahead of earnings season amid a weak trend at the European markets in their late morning trade. Sensex started off on a strong footing and advanced to a high of 26860 on persistent buying by domestic institutional investors. However, it succumbed to profit-booking at higher levels, falling to 26701, before settling 32 points lower at 26726. The NSE Nifty, after shuttling between 8263 and 8227 levels finally settled lower by 7 points, at 8236.

Friday, January 6, 2017

NIFTY WEEKLY PREDICTION FOR 09 TO 13 JAN 2017

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WEEKLY RESISTANCE FOR NIFTY: 8293, 8340, 8366, 8392
PIVOT POINT: 8245
WEEKLY SUPPORT FOR NIFTY :  8219,8193,8146,8098
WEEKLY CHAT FOR NIFTY



















DAILY RESISTANCE FOR NIFTY: 8299, 8313, 8335,8357
PIVOT POINT: 8284
DAILY SUPPORT FOR NIFTY :  8262, 8240, 8226,8211
DAILY CHART FOR NIFTY

Sensex opened the week at 26522, made a high of 26971, low of 26469 and closed the week at 26759. Thus it closed the week with a gain of 157 points. At the same time the Nifty opened the week at 8215, made a high of 8329, low of 8151 and closed the week at 8268. Thus it closed the week with a gain of 81 points. The nifty ended down 30 points or 0.36 per cent at 8,243.8, after hitting its highest since November 11 earlier in the day. And ended 0.71 per cent higher for the week, its second such gain. The Indian shares fluctuated between gains and losses before ending the session lower on last hour of accelerated selling. The market gained to a near two-month high, ahead of the announcement of GDP data.