The FMCG pack has performed well in past two weeks - Religare Sec

NIFTY OUTLOOK

* The domestic benchmark Nifty index concluded first week of the new year, 2017 on a positive note.

* In the up coming week, market participants will be eyeing at CPI and IIP figures, both these figures have reasonable economic impact and helps in assessing current economic situation.

* We have seen a perfect V-shape r

Nifty faces resistance at 38.2% retracement mark - Sharekhan

Market on January 6, 2017: Support at 8220

The Nifty opened higher but ended the trading session on a negative note. After giving a breakout, it has faced resistance at 8300 (Upper Bollinger Band and 38.2% retracement level). As mentioned last week, we saw a Bullish Engulfing pattern on the weekly chart, and a positive close this week has confirmed tha

Markets to extend gains with a mildly positive start - LKP Sec

Domestic Market View 

Markets to extend gains with a mildly positive start

The Indian markets went for a surprise rally in last session and the major benchmarks not only recovered their key psychological levels but posted decent gains of about a percent. Today, the start is likely to be in green and the t

The intraday supports for the Nifty Bank index are placed around 17975 and 17829 - Angel Broking

Sensex (26878) / Nifty (8274)

Looking at past three days selling pressure at 8200, opening above this level was the only option left to surpass this strong hurdle and we saw this yesterday as the Nifty convincingly opened higher. In fact the momentum was so strong, the index rallied higher to test the higher end of our given target zone 8229 - 8274. Th

Nifty has strong hurdle at 8300 and it has almost reached to that mark - Religare Sec

Nifty Outlook

Nifty ended its three-day long consolidation today and gained nearly a percent, thanks to favourable domestic cues and supportive global markets. On local front, traders took note of recent report showing 27% rise in FDI during the April-October period of the current fiscal compared to the of same period of last fiscal. Besides, upbeat gl

Nifty takes out previous swing high - Sharekhan

Market on January 5, 2017: Support at 8180

The Nifty opened higher and ended the trading session near the highs. It has given a breakout after consolidating at 8200 and is now poised for a move on the upside. Minimum it can go up to 8300-8320 levels. However, the Nifty is trading above its daily moving averages. After taking out the high of 8275, we ha

Nifty ushers in a listless “INSIDE” day, as Nifty once again scampers through to 8200 - GEPL

Key Highlights:

* The NIFTY opened @ 8202.65 UP by around 10 points over Tuesday. The index seemed quiet listless, as it ushered in a tight 48 point range all through the day thereby creating a classical “INSIDE day”. Without much change in the positioning the closed DOWN by a minor 1.75 pints or 0.02% @ 8190.50, a shade short of the 8200 m

The intraday supports for the Nifty Bank index are placed around 17829 and 17615 - Angel Broking

Sensex (26633) / Nifty (8191)

For the third consecutive session, we witnessed similar price action wherein the Nifty opened higher and then faced strong selling pressure at higher levels. Once again, the index failed to sustain above 8200; courtesy to weak banking conglomerates. However, as compared to previous two sessions, the overall range was quite

Nifty and Cash Segment remain Strong, Bank Nifty Struggling - Dynamic Levels

Indian Market Outlook:

Nifty to open strong on cues from international markets with S&P gaining momentum after the US FED released its minutes yesterday night. Small cap and midcap stocks are performing and Nifty is gradually heading towards its daily target of 8278, but Bank Nifty is struggling to go up. However, FII's are still not participat

We suggest maintaining a positive yet cautious stance on the index - Religare Sec

Nifty Outlook

Nifty continued to be directionless for the third day in a row and settled almost unchanged, in absence of any major trigger. However, there were many trading opportunities, thanks to stock specific movement. On the sectoral front, banking continued its underperformance and profit taking in the energy space added to the pressure.

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If Bank Nifty trade firm then it may test next resistance of 18200 levels - Tradebulls Sec

Nifty Spot View

Nifty traded with sideways sentiments in last session due profit booking at higher levels from traders. Next important resistance seen at 8280 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 8

Tussle between bulls and bears - Sharekhan

Market on January 4, 2017: Resistance at 8220

The Nifty opened higher and ended the trading session on a flat note. The Index is currently stuck in a range, and a breakout above 8220 will take it to 8250-8300 while a break below 8150 will take it to 8130-8080. However, the Nifty is trading above its daily moving averages and should cross 8275 for furth

Next important resistance seen at 8280 level - Tradebulls Sec

Nifty Spot View

Nifty traded with sideways sentiments in last session due profit booking at higher levels from traders. Next important resistance seen at 8280 level. Nifty likely to trade with sideways sentiments is today’s session on profit booking at higher levels from traders. Nifty likely to trade with sideways sentiments and 8230 at higher s

We suggest keeping a close eye on the banking counters for further cues - Religare Sec

Nifty Outlook

Nifty traded sideways on expected lines and settled on a flat note, tracking mixed domestic cues. Weak core sector data and caution ahead of GST Council meet was weighing on sentiment from the beginning. Also, underperformance from the banking majors added to the pressure at higher levels. However, buying continued in the cash segment, wh

Market reached its Buy Target, further Breakout to Happen with FII Buying - Dynamic Levels

Indian Market Outlook:

Nifty has come near its weekly target of 8294, NSE Small Cap Index has come to its one month high 5933 above which next target is 6208. FII's are not participating in the buy rally which is not triggering a buy breakout in the market. Markets may see profit booking if International Markets does not give breakout in second hal

The intraday supports for the Nifty Bank index are placed around 17829 and 17615 - Angel Broking

Sensex (26643) / Nifty (8192)

Yesterday’s session was a replica of previous one as the index opened higher and then corrected in the initial hours. This was followed by a decent recovery in the second half to surpass the 8200 mark by a small margin. However, a minor profit booking in the concluding hour led to a close below this psychological lev

Markets to make a positive start on supportive global cues - LKP Sec

Domestic Market View 

Markets to make a positive start on supportive global cues

The Indian markets despite a slow start managed a positive close in last session as the banking stocks recovered their losses and traders digested the slow growth report of Core sector. Today, the start is likely to be in gre

Nifty scampers through to 8200, yet fails to hold it on closing basis - GEPL

Key Highlights:

* The NIFTY opened @ 8196.05 UP by around 16 points over Monday. In line with the somber note of Monday, NIFTY once again drifted to the LOWS of 8150 in opening hour. However the lack of momentum seems to have gone into worrisome preposition, as NIFTY smartly pushed back above the 8200 mark by noon. The second half was a damp sqib, as N

Nifty in a range - Sharekhan

Market on January 3, 2017: Resistance at 8220

The Nifty opened higher and ended the trading session on a positive note. It is trading in a channel and took support at the lower end of the channel, which is at 8150. It can re-test the upper channel if it sustains above 8220. There is a possibility that the Nifty is forming an ending triangle and a break

The year 2017 is going to be a year of build up of a new India - Systematix Shares & Stocks Ltd

“The year 2017 is going to be a year of build up of a new India.  We all know India as a country driven by its 'Consumers' and the Consumerism theme has clearly driven the corporate earnings and investors' flow into the equity markets. But with the sharp drop in cash levels in the system and in the hands of the common man, and an increase in digital transactions - we beli