Friday, February 15, 2019

NEXT WEEK NIFTY PREDICTION & CHARTS 18 FEB TO 22 FEB 2019

WEEKLY RESISTANCE FOR NIFTY: 10800, 10900, 11000
 PIVOT POINT: 10750
WEEKLY SUPPORT FOR NIFTY:  10700, 10600, 10500
WEEKLY CHART FOR NIFTY 


















DAILY RESISTANCE FOR NIFTY: 10800, 10850, 10900
PIVOT POINT: 10700
DAILY SUPPORT FOR NIFTY:  10650, 10600, 10550
DAILY CHART FOR NIFTY 

Bears continued to dominate as nifty closed at 10700 mark. After giving a good move of nearly 500 points in last week, the rally halted on the day of RBI Monetary policy. It was quite surprising to see massive sell off on the following week. Monday morning, despite global markets consolidating with a mild positive bias, nifty started on a weak note. In fact, this negativity increased in the initial hour, dragging Nifty well below the 10900 mark. Fortunately, due to emergence of some buying at lower levels, Nifty managed to trim decent portion of losses to eventually close with half a percent cut. On Tuesday tracking the muted global cues our markets witnessed a flat to negative opening. Subsequently, there was boredom during the major part of the session as Index traded within a very slender range. Eventually during the last hour of trade Index witnessed one more bout of selling to end with a loss of around half a percent at 10831. Wednesday had a gap up opening, owing to cheerful mood across the globe. Nifty sneaked below the 10800 mark by shedding 0.35% from the previous close. Thursday Markets looked nervous right from the opening tick, taking cues from the SGX Nifty and other Asian bourses. Index consolidated throughout the first half by maintaining a negative bias. However, post the mid-session; we witnessed a sudden spurt in the market, which subsided after a while. But the highlighting part was the outperformance of the broader market in the latter half. Although, index corrected once again, we saw tremendous improvement in the market breadth.  Nifty closed at 10746 on Thursday. On Friday muted domestic earnings and weak global markets hurt the sentiment. Nifty ended 0.20% lower at 10724.
NIFTY: A STRONG SUPPORT WILL BE @ 10600; STRONG RESISTANCE LEVEL SEEN @10900

Tuesday, February 12, 2019

NIFTY PREDICTION & FREE OPTION TIPS FOR 13 FEB 2019

Bears continued to grip the market & took nifty below 10850 mark amid volatility in last hour despite positive trend in global peers. . At the close of market hours, the Sensex was down 241 points at 36153 and the Nifty down 57 points at 10831.  Investors took a cautious approach ahead of the industrial production (IIP) data for December and inflation numbers for January to be released in the post market hours. This data will dictate the market in tomorrow’s trading session.

Monday, February 11, 2019

NIFTY PREDICTION & FREE OPTION TIPS FOR 12 FEB 2019

NIFTY TODAY
Bears tighten their grip on D-street & took nifty below 10900 mark. The week has started on negative note at 10930 after making low of 10857 finally it has closed at 10888. Today with the introduction of weekly option in the Nifty index from 11th February, it would provide decent trading opportunities to traders and investors for hedging short-term events and taking advantage of volatility differentials.
NIFTY TOMORROW

Thursday, February 7, 2019

NIFTY PREDICTION & FREE OPTION TIPS FOR 08 FEB 2019

NIFTY TODAY
The market snapped its five-day winning streak while the Nifty was little changed despite the Reserve Bank of India surprising the street with a rate cut and changing policy stance to "neutral" under Governor Shaktikanta Das's first monetary policy review. The Sensex fell 4 points to settle at 36971 and the Nifty rose 7 points to close at 11069. The Reserve Bank of India cut the repo rate by 0.25 per cent to 6.25 per cent on expectation of inflation staying within its target range. The central bank also changed its monetary policy stance to ‘neutral’ from the earlier ‘calibrated tightening’, signaling a further softening of rates if inflation remains benign.
NIFTY TOMORROW

Tuesday, February 5, 2019

KEEP A CLOSE EYE ON SRF..!! NIFTY VIEW FOR 6 FEB

BUY SRF 2100 CALL  @ 40 TGT 55/70
Tuesday market ended flat with nifty holding 10900 mark. markets turned cautious amid selling by domestic and foreign funds ahead of RBI's monetary policy review due on Thursday 7 Feb 2019.  Market will remain range bound and volatile in the coming sessions. The balance Q3FY19 earnings season and the RBI’s Monetary Policy are the key factors which will provide near-term direction to the market.

Monday, February 4, 2019

NIFTY PREDICTION & FREE OPTION TIPS FOR 5 FEB 2019

Volatile trading session has ended on bullish note. After hitting low of 10814 Bulls managed to crossed 10900 hurdle & close at 10912. Positive Asian cues and the upside in Reliance Industries & HDFC group stocks helped the nifty close in the green. now traders are waiting for the announcement of Reserve Bank of India monetary policy decision which is scheduled  before noon on Thursday 7 Feb 2019.  The Monetary Policy Committee (MPC) will meet during February 5 to 7, 2019, for the Sixth Bi-monthly Monetary Policy Statement for 2018-19.