It's a clear sign that Nifty is facing pressure at higher levels - Religare Sec

Nifty Outlook

Markets were on a roller coaster ride today, largely influenced by the banking pack especially private ones. The strong surge in private banking major HDFC bank, after the RBI's withdrawal of FII stake-buy restriction, triggered a gap up start in Nifty too. But, lack of participation from other sectors and profit taking in the banking

The near term supports for the Nifty Bank index are placed around 20310 and 20100 - Angel

Sensex (28469) / Nifty (8822)

We had taken some cues (about the ongoing consolidation phase) from previous week’s price action as the index struggled around the 8800 mark and the similar price action was being witnessed for the major part of the concluded week as well. However, on the other hand, despite a decent dip on Wednesday, 8700 proved its

Bulls stage a spirited comeback - Sharekhan

Market on February 17, 2017: Resistance @ 8900

The Nifty had been in a consolidation mode for the last few sessions. But, in today’s session, it broke out on the upside with a significant gap-up opening. Recently, the benchmark index had broken out on the downside from the triangular pattern on the hourly chart, but had taken support near the par

We expect volatility to con-tinue due to derivatives expiry and scheduled GST council meet - Religare Sec

NIFTY OUTLOOK

* Nifty settled on a flat note amid volatility for second consecutive week and somehow man-aged to close above 8800.

* In the coming week, we expect volatility to con-tinue due to derivatives expiry and scheduled GST council meet.

*Broadly, we expect Nifty to consolidate further around current levels. However, stocks a

Bank Nifty has next resistance at 20570 levels - Tradebulls

Nifty Spot View

Nifty traded with volatile sentiments in last session due to profit booing at higher levels from traders. However it recovered well from lower levels and managed to close with gains. Next important support seen at 8690 level. Nifty likely to trade with sideways sentiments in today’s session on profit booking at higher levels from

The Nifty Bank index made a high around 20300 levels - Angel

Sensex (28301) / Nifty (8778)

A weak session on Wednesday was followed by a flat opening in our market amid mixed global cues. Subsequently, the index slipped slightly towards Wednesday’s low. However, as mentioned in the previous report, 8715 acted as a rock solid support and as a result, we witnessed a decent recovery in the second half to end

Nifty will trigger further up move else range bound bias will continue - Religare

Nifty Outlook

Markets rebounded swiftly today and gained over half a percent. The upbeat trade deficit figure aided a firm start which was supported by select index majors. Mostly sectoral indices traded in line with the benchmark and ended higher. Besides, recovery in the midcap and smallcap space added to the positivity. We feel the consolidation is

Distribution underway - Sharekhan

Market on February 16, 2017: Resistance @ 8800

The Nifty had formed a triangular pattern on the hourly chart, which had broken out on the downside in the last session. However, in today’s session, it found support near a parallel trendline from the swing low, and the index bounced back from there. The overall structure suggests that the rebound i

NIFTY BULLS give way as range breaks on lower side. BEARS to watch out for follow-up - GEPL

Key Highlights:

NIFTY BULLS give way as range breaks on lower side. BEARS to watch out for follow-up

* The NIFTY opened @ 8778.15, marginally DOWN by around 13.35 points over Tuesday. Very similar to last few days, the NIFTY was quick to get a leg UP as it crossed above the 8800 mark momentarily, before the pressure seem to build in post 11 A

If Bank Nifty trade down then it may test next support of 19980 levels - Trasebulls

Nifty Spot View

Nifty traded with bearish sentiments in last session due to profit booing at higher levels from traders. Next important support seen at 8650 level. Nifty likely to trade with bearish Sentiments in today's session on profit booking at higher levels from traders. Nifty likely to trade with sideways sentiments and 8690 at lower side wi

Markets may see further decline ahead but the downside seems capped - Religare

Nifty Outlook

Markets finally ended the consolidation phase today and slipped nearly a percent. The fall was led by auto major, Tatamotors, which lost nearly ten percent, disappointed by its quarterly result. Soon, other sectoral indices also joined in, which further added pressure on index.

Markets may see further decline ahead but the downs

The near term supports for the Nifty Bank index are placed around 20000 and 19800 - Angel

Sensex (28156) / Nifty (8725)    

Finally, after five days of boredom we saw some action in our market, however, unfortunately, it was not so encouraging for the bulls. The index opened with minor downside gap and remained under pressure throughout the remaining part of the day to post the weak session with a loss of 0.77% over its previous d

Bears gain an upper hand - Sharekhan

Market on February 15, 2017: Resistance @ 8830

The Nifty in today’s session opened on a negative note and after a futile attempt to move higher it tumbled significantly. The triangular pattern, which was formed on the hourly chart, broke out on the downside. For the day, the Nifty halted near a parallel trendline from the swing low. However, the

We usually see a strong reaction on the either side after such consolidation - Religare Sec

Nifty Outlook

Nifty continued to be directionless for the sixth consecutive session and settled almost unchanged, in absence of any major trigger. Participants were in profit taking mood from the beginning, which pushed the markets down. However, major sectoral indices traded in line with the benchmark index and mostly ended on a flat note.

W

Markets to remain in consolidation mood with a flat start - LKP Sec

Domestic Market View 

Markets to remain in consolidation mood with a flat start

The Indian markets continued their consolidation mood and ended flat with a negative bias in last session after the provisional headline inflation rate based on WPI for January, shooting up to a 30-month high of 5.25 percent a

Consolidation near maturity - Sharekhan

Market on February 14, 2017: Support @ 8770

The Nifty in today’s session opened on a positive note but couldn’t stay there for long and ultimately posted a negative daily close. Overall, it continues to trade in a narrow range. In terms of price pattern, the sideways activity has taken form of a triangular pattern on the hourly chart. Curre

Nifty continues with its listless self as the deadlock around 8800 remains persistent - GEPL

Key Highlights:

* The NIFTY opened @ 8819.90, more or less at the day HIGH, UP by around 15 points over Monday. Very similar to last few days, it was again a leg UP for the BULLS, but the opportunity was wasted as the day panned out. The whole day was wasted in a listless sideways troll, although mostly in the red; with intermediate correction to 8770

The near term supports for the Nifty Bank index are placed around 20120 and 20000 - Angel Broking

Sensex (28339) / Nifty (8792)

Yet another session opened with an upside gap and it was almost an ‘Open High’ kind of situation for our market. Generally, we see market remaining under pressure when ‘Open High’ occurs and similar to this we witnessed yesterday. Our market traded in a narrow range and traded with a mildly negative

Nifty traded with sideways sentiments in last session due to profit booing at higher levels from traders - Tradebulls Sec

Nifty Spot View

Nifty traded with sideways sentiments in last session due to profit booing at higher levels from traders. Next important resistance seen at 8850 level. Nifty likely to trade with sideways se􀅶ti􀅵e􀅶ts i􀅶 today’s sessio􀅶 on profit booking at higher levels from traders. Nifty likely to trade with sideways sentiments and

Markets to make a cautious but green start - LKP Sec

Domestic Market View     

Markets to make a cautious but green start

The Indian markets continued their consolidation mood and once again made a flat closing in last session, some weak earnings updates from the major companies weighed on markets. Today, the start is likely to be cautious on most