Nifty claws back to the 8400 levels as expiry week starts on positive not - GEPL

Key Highlights:

* The NIFTY opened @ 8329.60, GAP-DOWN by around 20 points over last Friday. It seemed the nervous maneuvers from Asian peers & week closing of last week ruffled a few BULLS. However it proved only to be a teething trouble, as NIFTY created LOWS on the actual OPEN, and then started to trade in the GREEN. The BULLS were back in count

Markets to get a modestly green but cautious start - LKP Sec

Domestic Market View     

Markets to get a modestly green but cautious start

The Indian markets despite losing some momentum in the mid of the trade managed a positive close in last session. Today, the penultimate session of the F&O series expiry is likely to be in green but cautiousness may

The Nifty Bank index moved lower in initial trades - Angel Broking

Sensex (27117) / Nifty (8392)

Trading for the week began with a marginal downside gap which was quite expected after a decent corrective move seen on Friday. However, we saw strong buying interest right from the word go and as a result, a small dip during the mid session was bought into. This led to a decent recovery of 0.50% from Friday’s close.

We suggest traders to continue with buy on dips approach - Religare Sec

Nifty Outlook

Nifty gained over half a percent in a volatile session today amid mixed cues. It made a cautious start but soon witnessed swift recovery, thanks to buying in the select index majors. Almost all sectoral indices, barring pharma, made their contribution and helped the index pare Friday's loss.

It's an eventful week with ex

Nifty fails to sustain above 8400 again - Sharekhan

Market on January 23, 2017: Resistance at 8418

The Nifty opened in the negative territory but took support at the gap area and reversed, which was quite positive for the day. However, on the upside, there is a resistance at 8418 levels and till that is not breached, the range will be 8418-8327. Above 8418, one can buy Nifty for intraday since above the

The Nifty now trades above 50 & 200 DMA - GEPL

Observations:

1. As on 20.1.2017, the long term moving averages stand as below: 50 DMA @ 8170, 100 DMA @ 8430, 200 DMA @ 8314. The NIFTY now trades above 50 & 200 DMA, presently just a shade short of the 100 DMA. The markets hence seem to be interestingly poised.

2. Index failed to cross the resistance formed by bearish gap @8460 and ende

Nifty breaks below sideways trail of the week - GEPL

Key Highlights:

* The NIFTY opened @ 8404.35, GAP-DOWN by around 30 points over Thursday. The first half saw NIFTY once again move in a tight 25 points range just around the 8400 mark yet within the “INSIDE” day with respect to last Friday. The second half saw BEARS take the pole position as they breached through the weekly defense at the 8

The Nifty Bank index is placed at 19070 – 19185 levels - Angel Broking

Sensex (27035) / Nifty (8349)

On Friday, a gap down opening was followed by a strong selling pressure in the second half, which led to a breakdown on intraday charts below the support zone of 8397–8370 level. In the process, the Nifty closed well below the ‘5-Day EMA’ (placed at 8388) for the first time since December 26, 2016.

Bears dominate - Sharekhan

Market on January 20, 2017: Resistance at 8373

The Nifty opened gap down and ended the trading session on a negative note. The Index was trading in a range lately and today it broke down below that range. Also, it has given a negative close on a weekly basis. Therefore, the retracement of the move from 7893 to 8461 is likely. The 38.2% and 50% retracem

We expect Nifty index to trade in range 8250-8500 - Religare Sec

NIFTY OUTLOOK

* Nifty index traded sideways for most past of the passing week but steep sell-off on Friday i.e. 20th January made it settle at the weekly lowest levels.

* The sell off was due to Donald Trump’s inauguration as the 45th US President. Market participants were seen taking a cautious stance ahead of the same.

* Ove

Nifty sideways trail continues, as market has fourth Inside day - GEPL

Key Highlights:

* The NIFTY opened @ 8418.40, marginally UP by around 2 points over Wednesday. The first hour & half saw NIFTY move in a tight 25 points range, as NIFTY moved on either side of the breakeven point. The BULLS took up the battle from there on, as slowly but surely NIFTY rose to the GREEN. Once again, just as it seemed the breakout was

The near term support for the Nifty Bank index is placed in the range of 18980 – 18870 - Angel Broking

Sensex (27309) / Nifty (8435)

It’s been yet another day of consolidation for our markets. One thing seems remarkable, despite not so favorable global cues, our markets managed to hold their ground to end the session slightly in the positive territory.

Now, due to last couple of session’s price action, 8397 – 8370 has earned

Nifty traded dull for the sixth consecutive session and settled marginally higher - Religare Sec

Nifty Outlook

Nifty traded dull for the sixth consecutive session and settled marginally higher, in absence of any major trigger. Again, it was stock specific move which helped traders to some extent. On the other hand, mostly sectoral indices traded in line with the benchmark index and ended on flat note.

We reiterate our buy on dips approac

Dull Day - Sharekhan

Market on January 19 2017: Support at 8373

The Nifty opened flat but the trading session closed on a positive note. The index moved in a narrow range throughout the trading session. The bears have once again managed to defend the crucial resistance level of 8460. However, the index is in an uptrend as it continues to make higher tops & higher botto

Markets to make a flat-to-cautious start on mixed global cues - LKP Sec

Domestic Market View     

Markets to make a flat-to-cautious start on mixed global cues

The Indian markets lost all the early momentum and showed some volatility in the final leg of trade to end with modest gains only in the last session. Today, the start is likely to remain flat on mixed global

The Nifty once again managed to surpass the 8450 mark - Angel Broking

Sensex (27278) / Nifty (8417)

Our markets opened on an optimistic note owing to cheerful mood across the emerging markets after US Dollar Index slipping towards the 100 mark. The momentum accelerated in the opening hour and as a result, the Nifty once again managed to surpass the 8450 mark. However, the index failed to sustain at higher levels on yet a

Nifty fails to sustain at higher levels, even as it wallets around 8400 - GEPL

Key Highlights:

 The NIFTY opened @ 8403.85, marginally UP by around 5 points over Tuesday. The first hour saw NIFTY create fresh two & half month HIGH @ 8460. However just as it felt the breakout was IN, the BULLS ran out of steam. As the day progressed, the markets shed their weight, and drifted DOWN in negative territory momentarily around

Nifty is expected to remain high so traders should maintain extra caution in leveraged positions - Religare Sec

Nifty Outlook

Markets managed to settle marginally higher in a volatile trade, continuing its prevailing consolidation phase. After firm start, it tried inching higher in early trades but profit taking at the higher levels swiftly trimmed the intraday gains. In line with Nifty, mostly sectoral indices also settled marginally in green.

With ju

Tussle between bulls and bears - Sharekhan

Market on January 18 2017: Support at 8320

The Nifty opened higher and the trading session ended on a positive note. The index is in a consolidation mode. The bears have managed to defend the crucial resistance level of 8460. However, the index is in an uptrend as it continues to make higher tops & higher bottoms. Though the index is facing a selli

Markets to remain in cautious mood on mixed global cues - LKP Sec

Domestic Market View     

Markets to remain in cautious mood on mixed global cues

The Indian markets lost their initial momentum and ended with modest cuts in last session, led by the market heavyweight RIL whose GRM came lower than expected. Today, the start is likely to be soft to cautious on