Markets to make a flat-to-positive start - LKP Sec

Domestic Market View

Markets to make a flat-to-positive start

The Indian markets in a steady day of trade managed gains of around half a percent in last session. Decline in inflation raised hopes of rate cut by the RBI and propelled the markets to fresh all time highs. Today, the start is likely to be in gree

Climbing up - Sharekhan

Market on May 15, 2017

The Nifty opened gap up today & attempted to stretch higher. The index had seen a minor degree correction in the last session, which had taken support near the key hourly Moving Averages. The MAs acted as a spring board from where the index has jumped up. Also the index has taken support near a rising trendline & has boun

We reiterate our bullish view on markets and suggest maintaining stock specific trading approach - Religare Sec

Nifty Outlook

Nifty settled with decent gains in a range bound session, continuing its uptrend. It opened gap up, thanks to latest inflation figures but profit taking capped the upside as session progressed. Mostly sectoral indices ended firm in line with the benchmark and the market breadth too showed the tremendous strength despite volatility.

We continue with optimistic stance on the market and expect projected level of 9600 - Angel Broking

Sensex (30322) / Nifty (9445)

Our markets started the proceedings for the week on a cheerful note on the back of positive global cues. Subsequently, we witnessed a range bound movement in a tight band to conclude the session at the highest close ever. Undoubtedly, Metal conglomerates fuelled this up move along with some of the Pharmaceutical stocks tha

The NIFTY now trades above all the three averages - GEPL

Observations:

1. As on 12.5.2017, the long term moving averages stand as below: 50 DMA @ 9158, 100 DMA @ 8816, 200 DMA @ 8675. The NIFTY now trades above all the three averages, and the 100 DMA is maintaining the positive crossover with respect to the 200 DMA, and getting stronger with the passing day.

2. The FII trend is indicating further

Trading mean reversion could be prudent with minor stops to avoid whipsaws during the week - Tradebulls Sec

NIFTY WEEKLY

* On weekly scale, though there is no firm reversal sign, oscillation within the ongoing channel range could not be ruled out

* Weekly RSI has entered the overbought territory for the first time since September 2016

* Highest Put OI continues at 9000 followed by 9200 which coincides with the lower end of the channel sup

Positive outlook - Sharekhan

Market on May 12, 2017

The Nifty opened on a positive note today but it could not build upon the early gains. Soon after the opening, it declined to test its crucial hourly Moving Averages (MA), which acted as a strong support area. The Index formed a Small Wedge over there and broke out on the upside toward the end of the session. The junction of 40Ho

On the lower side 9300 remains a key support zone for the week - Tradebulls Sec

On Daily scale, Nifty managed to trade above the upper bound of the ongoing 'Channel'. Trend strength indicator is placed at 65.01 and is yet to register an overbought state. On the lower side 9300 remains a key support zone for the week and a breach below the same could drag the index towards the lower bound of the channel support at 9200. Momentum traders should maintained as a traili

The Nifty traded dull for second day in a row and settled almost flat - Religare Sec

Nifty Outlook

Nifty traded dull for second day in a row and settled almost flat, citing mixed local cues. Participants were in the profit taking mood from the beginning and caution ahead of macroeconomic data viz. IIP and CPI inflation further added pressure. Again, the movement in broader markets kept the participants busy while mostly sectoral indice

The intraday supports for the Nifty Bank index are placed around 22500 and 22449 - Angel Broking

Sensex (30188) / Nifty (9401)

Our market seems to be enjoying its strong bull run started in the month of December after hitting a low 7893.80. Clearly, there has been no stopping since then as all minor corrections are getting bought into. During the week, the Nifty registered yet another record high of 9450.65 and eventually, despite some profit boo

Nifty IT has bounced from strong supports of sub 10,000 levels - Reliance Sec

Market Review

NIFTY re-visits to new 52 week high at 9,450 levels on back of strong move in beaten down sectors like IT, Telecom and Pharma while there was some minor profit booking in banks after a sharp run up in the past few weeks. Automobiles was the second highest gaining sector on back of strong performance from Eicher & Hero Motors. Midcap I

Nifty FMCG index has performed well in the passing week - Religare Sec

NIFTY OUTLOOK

* In continuation to its prevailing uptrend, Nifty gained over a percent and also made a new record high. However, profit booking in the last two trading sessions partially trimmed the gains.

* We have macro economic data viz IIP and CPI numbers, which are scheduled on Friday i.e. 12th May, after the market hours and markets wil

The Nifty settled almost unchanged in a dull session today - Religare Sec

Nifty Outlook

Nifty settled almost unchanged in a dull session today, taking a pause after yesterday’s up move. Jubilation continued in the early trades but profit taking in the latter half completely trimmed the gains. Meanwhile, there was no shortage of trading opportunities with noticeable buying interest in media, auto and select banks.

Journey towards north continues - Sharekhan

Market on May 11, 2017

The Nifty opened gap-up today, above a trendline from the previous swing highs. However, it faced resistance near the Daily Upper Bollinger Band and tumbled to retest the trendline. Nevertheless, the bulls managed to post a positive daily close. On the hourly chart, the Nifty continues to form higher top and higher bottom, which

On the lower side 9280 remains a key support zone - Tradebulls Sec

In line with our expectation Nifty surged towards 9480, follow up action would elevate it towards 9630 in the coming week. Trend strength indicator is placed at 67.89 and is yet to report an overbought state auguring for an extension of the current trend. On the lower side 9280 remains a key support zone for the ongoing trend and could be maintained as a trailing stop level for longs. Momentum

The Nifty continued its optimism and posted a new high of 9450.65 - Angel Broking

Sensex (30251) / Nifty (9422)

Yesterday, most of the Asian bourses were trading on a cheerful note, which eventually had a rub-off effect on our market. The Nifty opened with a decent upside gap and registered a new record high in the opening trades. However, some of the cautious traders chose to take some money off the table; resulting into trimming

Bulls in the driving seat - Sharekhan

Market on May 10, 2017

The Nifty opened on a positive note today and traded with a bullish bias throughout the day. The consolidation on the hourly chart near the key hourly Moving Averages (MAs) has ultimately broken out on the upside. On the way up, the Nifty has surpassed several crucial hurdles and has posted a close above 9400 for the first time e

We continue to advocate longs with an expectation of a move towards 9480 followed by 9630 - Tradebulls Sec

Post 9 days of tight ranged action, Nifty finally managed to conquer 9400. The much awaited breakout seems to have occurred as the index traded confidently above 9360 signaling towards revival of momentum. Follow through action would see Nifty march towards 9480 & beyond. On the immediate scale, 9280 now qualifies as a vital level for ongoing uptrend to remain intact & could be maintain

The intraday supports for the Nifty Bank index are placed around 22664 and 22514 - Angel Broking

Sensex (30248) / Nifty (9407)

Our markets opened higher on the back of cheerful mood seen across the global bourses. Subsequently, this optimism accelerated as the day progressed and in the process, the Nifty registered a new record high beyond the 9400 mark. Barring nominal losses in IT and Realty sectors, all other sectoral indices contributed heavi