Thursday, January 25, 2018

NIFTY WEEKLY PREDICTION LEVELS & CHARTS FOR 29 JAN TO 02 FEB 2018

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NEXT WEEK OUTLOOK: CENTURYTEX IS IN SHORT TERM REVERSAL PHASE

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WEEKLY RESISTANCE FOR NIFTY: 11098,11170,11214,11373
PIVOT POINT: 11026
WEEKLY SUPPORT FOR NIFTY :  10983,10939,10795,10564
WEEKLY CHART FOR NIFTY



















DAILY RESISTANCE FOR NIFTY: 11085,11110,11130,11150
PIVOT POINT:11060
DAILY SUPPORT FOR NIFTY :  11040,11020,10995,10925
DAILY CHART FOR NIFTY
Sensex opened the week at 35344, made a high of 36207, low of 35308 and closed the week at 36015. Thus the Sensex closed the week with a gain of 504 points. At the same time, the Nifty opened the week at 10820, made a high of 11114 low of 10792 and closed the week at 11070Thus the Nifty closed the week with a gain of 154 points. The Sensex and Nifty ended lower, snapping a six-day record-setting rally, as profit-taking hit IT stocks while large state-run lenders slid as they stood to receive less money than expected from a government recapitalization plan.butBoth indexes posted their fourth consecutive weekly gain. The sensex gained 1.52 per cent and the nifty ended the week 1.61 per cent higher.

NIFTY short only below 10980

                            As predicted by us in our last weekly report “nifty will trade towards 11100” and exactly same happened rally of bulls was continuing in this week also. They managed to pull nifty above the support levels of 10770 .and achieved the target of 11100 and closed the week with a new high of 11114.90. And for now nifty will see  10980 as support levels and 11115 as a resistance level.

NEXT WEEK OUTLOOK: CENTURYTEX IS IN SHORT TERM REVERSAL PHASE

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Tuesday, January 23, 2018

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 24 JAN 2017


Hat’s off to nifty 11000..!!!! While the Sensex closed above 36,000 for the first time, Nifty too ended above 11,000, its highest ever level. Market opened higher on Tuesday with the key equity indices Sensex and Nifty hitting their respective all-time highs led by the rally in the shares of heavyweight companies such as Reliance Industries, Infosys, and HDFC. Within seconds of opening up of the market, Nifty extended the gains very quickly surpassing the 11,000-mark for the first time ever. Following this, in the wee minutes of morning trades, Sensex surged heavily to breach the psychological level of 36000, and that too just after three sessions when the benchmark index crossed 35000-mark. The domestic markets are on a continuous rising spree since about last 13 months with the benchmark indices Sensex and Nifty making and breaking newer highs day after day.

Friday, January 19, 2018

NIFTY WEEKLY PREDICTION LEVELS & CHARTS FOR 22 JAN TO 25 JAN 2018

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WEEKLY OUTLOOK ON AXISBANK FOR 22 JAN -25 JAN 2018 CHECK OUT 

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WEEKLY RESISTANCE FOR NIFTY: 10841,10900,10945,10990
PIVOT POINT: 10782
WEEKLY SUPPORT FOR NIFTY :  10737,10692,10633,10574
WEEKLY CHART FOR NIFTY



















DAILY RESISTANCE FOR NIFTY: 10918,10960,10981,11002
PIVOT POINT:10876
DAILY SUPPORT FOR NIFTY :  10855,10834,10770,10687
DAILY CHART FOR NIFTY

NEW MONTH NEW YEAR AND NEW HIGH OF NIFTY 10918.15
Sensex opened the week at 34837, made a high of 35542, low of 34766 and closed the week at 35511. Thus the Sensex closed the week with a gain of 919 points or 2.65 per cent. At the same time, the Nifty opened the week at 10720, made a high of 10918 low of 10665 and closed the week at 10916 Thus the Nifty closed the week with a gain of 230 points or 1.99 per cent. On Friday, It was the seventh week of gains in a row for the markets. Benchmark indices as well as Nifty Bank touched another all-time high in late trade. The Sensex rallied 250.63 points or 0.71 percent to 35,510.92, and Nifty rose 108 points or 1  percent to 10,918. surpassing its previous life-time closing high of 10,873 hit yesterday. Intra-day, it touched an all-time high of 10,918.15, breaching the 10,900-mark for the first time. Benchmark indices as well as Nifty Bank touched another all-time high in late trade.

Monday, January 15, 2018

NIFTY OUTLOOK & FREE HINDUNILVR TIPS FOR 16 JAN 2018

"SELL HINDUNILVR FUTURE BELOW 1370 TGT 1362.50/1356 SL 1378
BUY HINDUNILVR  FUTURE ABOVE 1379 TGT 1384/1394 SL 1365"
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Continuing their record-breaking run, bulls hit new fresh record highs on Monday & took nifty above 10750 mark for the first time history of Indian stock market. Nifty future started from 10720 made a high of 10774 and low of 10711 & finally closed at 10743. Investors cheered strong IIP numbers that rose to 25 month high of 8.4% in November. Moreover, inflation as measured by WPI eased to 3.58 per cent in December 2017, compared to 3.93 per cent in November 2017.