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

The Nifty Bank index opened on a flat note and moved higher in initial hour of trade - Angel Broking

Sensex (27236) / Nifty (8398)

Yesterday’s session started on a flat note citing to mixed cues from the global peers. Subsequently, the Nifty managed to gain some strength in the opening hour, however, once again, the index failed to sustain at higher levels. A strong profit booking after posting a high of 8440.90 dragged the index lower and event

Nifty sees another listless day, even as it wallets around 8400 - GEPL

Key Highlights:

* The NIFTY opened @ 8415.05, marginally UP by around 2.25 points over Monday. The first hour saw a positive tick, however as the day progressed, the markets shed their weight, and started trading in the RED as NIFTY breached the 8400 levels in the second half without much trouble. Nonetheless the NIFTY largely remained listless, as it

We feel market will resume the upward bias shortly - Religare Sec

Nifty Outlook

Nifty continued to be directionless for the fourth day in a row and ended marginally lower, tracking mixed domestic cues. It made a positive start, in reaction to the news that GST could be implemented from July 1 of this year. However, it reversed those gains in no time, citing the latest IMF report wherein they have cut India's grow

Nifty in a consolidation mode - Sharekhan

Market on January 17 2017: Support at 8320

The Nifty opened marginally higher but the trading session ended on a negative note. The index is witnessing a consolidation after a sharp hike from the 7893 level. However, the index is in an uptrend and continues to make higher tops and higher bottoms. Also, the daily momentum indicator continues to remain i

The Nifty now trades above 50 & 200 DMA - GEPL

Observations:

1. As on 13.1.2017, the long term moving averages stand as below: 50 DMA @ 8179, 100 DMA @ 8441, 200 DMA @ 8296. 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. On Friday, it was a breather day for the bulls as Nifty 50 ended with a m

The Nifty support is placed around 8,330 and then at 8,290 levels - Reliance Sec

MARKET SYNOPSIS

* Yesterday, NSE-NIFTY remained in momentum post initial decline, as the support levels of 8,380 continued to hold strong with broader market firm in midcaps and small caps , Nifty made a high of 8,427 mark during the day and finally, settled the session with gain of 12 points at 8,413 level.

*NSE Cash segment has reported tur

The Nifty Bank index had shown tremendous resilience in yesterday's session - Angel Broking

Sensex (27288) / Nifty (8413)

Trading for the week kicked off on a slightly weaker note owing to negative cues from the Asian bourses. Subsequently, the Nifty consolidated within a narrow range with a mildly negative bias for initial couple of hours. However, we saw strong buying emerging at lower levels (especially in banking conglomerates) and as a r

Nifty sees a listless day, even as it holds 8400 - GEPL

Key Highlights:

* The NIFTY opened @ 8390.95, marginally DOWN by around 10 points over last Friday. The first hour saw a bit of drag, as sparingly moved into the positive territory. However as the day progressed, the markets started trading in the GREEN as NIFY maintained the 8400 levels in the second half without much trouble. Nonetheless the NIFTY la

Indications are favourable for this trajectory to extend further - Religare Sec

Nifty Outlook

Nifty settled marginally higher in a volatile session today, mirroring the trend of the last few days. While it opened lower initially tracking weak Asian markets and perhaps some caution ahead of Reliance's results, but soon made a swift recovery thanks to rotational buying in select index majors. Banking, financial, auto and realty

Nifty near multiple-resistance zone - Sharekhan

Market on January 13 2017: Support at 8320

The Nifty opened lower, but the trading session ended on a positive note. The index has been facing a stiff resistance near a multiple resistance zone of 8400 – 8430. Moreover, 8460 – 8510 is the gap-zone. Also, the 20 Weekly Moving Average and 50% retracement of the fall from 8968 to 7893 is conve

Strong Resistance between 8460-8510; Support Seen at 8290 in Nifty - HDFC Sec

Technical Evidences

• Last week, Nifty gained 1.90%, rising for the third consecutive week. BankNifty outsmarted Nifty with big margin by rising more than 3.5% to close above 18900 mark.

• Earlier resistance of 8300 is now expected to act as a strong support for going forward in Nifty. BankNifty can be held long with the SL of 1865

The Nifty Bank immediate support for the index is placed at 18781 and 18600 levels - Angel

Sensex (27238) / Nifty (8400)

Last week, we saw Nifty struggling around the 8300 mark, in fact, the same thing was witnessed in the early part of the week gone by. However, similar to 8200, the index chose to surpass this hurdle with a strong gap up opening, which was a sign of strength. As a result, we saw strong follow up buying to test the expected

Nifty sees a bit of profit booking, even as 8400 holds - GEPL

Key Highlights:

* The NIFTY opened @ 8457.65, GAP-UP by around 50 points on the back of heavyweights INFY & TCS opening UP as an initial reaction to the RESULTS. However the depth was short lived as after creating the day HIGH in opening minutes of actual trade, NIFTY moved DOWN to the RED within half an hour. What followed was predominantly a SIDE

We feel Nifty might consolidate around the current levels - Religare Sec

Nifty Outlook

Markets ended on a flat note in a volatile session today, tracking mixed domestic cues. After an initial uptick, negative reaction on results of the IT majors, Infosys and TCS, pushed the index lower; however, losses remained capped, thanks to upbeat IIP figure and further softening of CPI inflation. In line with Nifty, mostly sectoral in

Nifty faces resistance at 50% retracement level - Sharekhan

Market on January 13, 2017: Support at 8320

The Nifty opened higher but ended the trading session on a negative note. The bears were able to defend the crucial level, ie the 20 Week Moving Average, gap area near the bearish island and the 50% retracement of the fall from 8968 to 7893 are converging at 8430-8460 levels. However, the Index is losing mome

Nifty Infra index firmly edged higher and gained over 2.5% - Religare Sec

NIFTY OUTLOOK

*  Nifty upheld bullish bias for the third consecutive week and settled after gaining nearly 2%. Among the sectoral pack, Bankex, Infra and Metal were the major contributors.

*  Next week, two important macro-economic data figures - Trade Balance and WPI will be released on 16th January. This, along with Q3 results wil

The Nifty to gradually move towards our mentioned level of 8450 - Angel Broking

Sensex (27247) / Nifty (8407)

Although, we can see Nifty ending in the green, the overall intraday movement was quite range bound and lethargic. The index opened higher as indicated by the SGX Nifty and then corrected marginally in initial trades. However, due to tail end buying the benchmark index managed to regain strength to reclaim the 8400 mark.

Nifty closes @ Fresh 9 week Highs above 8400 - GEPL

Key Highlights:

* The NIFTY opened @ 8391.05, marginally UP by around 10 points over Wednesday. The starting minutes saw NIFTY break above the 8400 mark, with a high created @ 8417. However the follow-up was lacking. Nonetheless NIFTY traded a full GREEN day, yet largely traded in a 30 point band. Without much fanfare, NIFTY closed @ 8407.20 UP by 26.5

We expect a decisive session on Friday where IT counters will mainly dictate the market trend - Religare Sec

Nifty Outlook

Nifty settled with modest gain today and reclaimed 8400 mark amid mixed cues. Initially, the uptick in IT majors aided a positive start which further fuelled by buying in infra and energy counters. However, profit taking at higher levels in other sectoral pack capped upside as the session progressed. Amid all, the bias largely remained on

Nifty interestingly poised - Sharekhan

Market on January 12, 2017: Support at 8320

The Nifty opened higher and ended the trading session on a positive note. It is approaching significant resistance levels. The 20 Week Moving Average (WMA) and the 50% retracement of the fall from 8968 to 7893 are converging at around 8430. It would be interesting to see if the bears manage to defend the cruc

The Nifty to extend this rally towards 8400 – 8450 levels - Angel Broking

Sensex (27140) / Nifty (8381)

Similar to 8200, yet another hurdle of 8300 got thrashed with an upside gap owing to strong positive cues from Emerging markets. After a small consolidation, the momentum accelerated in the upward direction; leading to a strong broad based rally throughout the day to end the session with decent gains of 1.11% over its prev

Nifty closes @ Fresh 9 week High, as it sustains the Brealk_Away gap - GEPL

Key Highlights:

* The NIFTY opened @ 8237.80, forming a BREAKOUT GAP-UP of 39 points over Tuesday. With the LOW being within 5 points of opening, the NIFTY continued with the BULL fervor all through the day. Moving UP in a rational uptrend, the NIFTY closed near the day HIGH. Closing @ 8380.65 UP by 92.05 points or 1.11%, NIFTY has shut shop at a 9 mon