Today markets saw a major downturn as
banking stocks took serious blows after Sebi directed bourses to initiate action against 331
suspected shell companies on Monday. The Sensex lost 260
points to close on 32014 for the day while the Nifty future ended
trading on 10004 down by 87 points. Analysts had said that the 9975 level would
be crucial for Nifty future amid losses. The markets had opened on a
positive note and recovered losses incurred on Monday. But, soon the bourses
slipped into the red with Sensex losing as much as 359 points to hit the day-low
of 31915 in intra-day trade. Nifty future too lost 87 points to hit day-low of
10004.
Tuesday, August 8, 2017
NIFTY FUTURE NEAR 9950 LEVEL...!!!!
Pull back rally was
witnessed in the market on Tuesday & continued to trading in negative territory
in afternoon trading session due to selling pressure in oil and bank stocks.
Nifty future has broken the major support level 10000 & made a low of 9958.
Friday, August 4, 2017
NIFTY WEEKLY PREDICTION & CHARTS FOR 07 AUG TO 11 AUG '17
CHECK OUT WEEKLY STOCK FUTURE CALL ON https://beststockfuturecalls.blogspot.in/
WEEKLY RESISTANCE FOR NIFTY: 10096, 10120, 10158,10197
PIVOT
POINT: 10072
WEEKLY
SUPPORT FOR NIFTY : 10033,9995,9971,9947
WEEKLY CHAT FOR NIFTYDAILY RESISTANCE FOR NIFTY: 10116, 10148, 10167,10185
PIVOT
POINT: 10083
DAILY
SUPPORT FOR NIFTY : 10065,10046,10014,9981
DAILY CHART FOR NIFTY
Sensex opened
the week at 32414, made a high of 32612, low of 32122and
closed the week at 32324. Thus the Sensex
closed the week with gain of51points.At the same time the Nifty opened the
week at 10038, made a high of 10149 low of 10018and closed the
week at 10111. Thus the Nifty
closed the week with gain of72points.The
Sensex and Nifty ended higher on Friday, reversing earlier losses, on
bargain-hunting in consumer durables, metal and PSU stocks amid weak global
cues.
range-bound
nifty FOR TARGETS 10100-10400.
Not
only did the Nifty enter the much awaited 5-digit club last week, but also
managed to close above that from two weeks. Nifty entered the consolidating zone
(10000-10100) . in the process achieved the long term Bullish target.
Interestingly, niftyis facing a stiff Resistance in the form of upward sloping Trend
line.which is at Nifty – 10125. In the short term the upward movement of the
indices will be challenged as it will not only face strong Trend line
Resistance and the confluence zone of targets,NIFTY CLOSING FOR FRIDAY 04 AUG 2017
On the week
ended Friday The nifty future is trading below support level 10055. Nifty
future has opened at 10028 made a high of 10054 & came down to 10018 level.
The index was pulled lower mostly by Sun Pharma, Lupin, Dr Reddy’s,
Cipla, ONGC and Reliance Industries.
Thursday, August 3, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 4 AUG 2017
Bears took
the charge on dalal street on Thursday. In today’s trading session, index took
resistance at the upper band of the channel as we witnessed some sort of profit
booking after the RBI policy. The Nifty future opened at 10087 level, but
profit booking dragged the index towards its day’s low and closed at 10038.
NIFTY PREDICTION & FREE NIFTY TIPS FOR 3 AUG 2017
Market is
consolidating in very narrow range. Nifty future is shuttling between 10050
& 10080 range. IOC rallied 4 % ahead of Q1 earnings due later today. The
reason of the market not performing was very much technical. In the coming days
as well, we will continue to see technical factors weigh heavy on market
performance.
Wednesday, August 2, 2017
RBI MONETARY POLICY ; REPO RATE CUT BY 25 BASIS POINTS TO 6%
THE RBI CUT THE REPO RATE BY 25 BASIS POINTS TO 6%,TRIGGERING HOPE OF LOWER BORROWING COSTS FOR HOUSEHOLDS, AND COMPANIES AHEAD OF THE FESTIVAL SEASON.
OPTION TRADING TIPS: STRANGLE IN SBIN WITH BEARISH BIAS
FOR CREDIT POLICY WE HAVE GIVEN SBIN STRANGLE STRATEGY TO CHECK STRATEGY VISIT LINK
OPTION TRADING TIPS: STRANGLE IN SBIN WITH BEARISH BIAS
OPTION TRADING TIPS: STRANGLE IN SBIN WITH BEARISH BIAS
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