NIFTY hits an all time high - GEPL

Key Highlights:

NIFTY hits an all time high, even as better part of the trading session is LOST to technical glitch.….  

* The NIFTY opened @ 9719.30, accompanied by one off mishap, wherein the NSE for the first time succumbed to a technical glitch as better part of the trading session was lost to a technical gli

Nifty is intact but finding trade at current level requires extra efforts - Religare Sec

Nifty Outlook

It’s been an exceptional day for the equity markets as the benchmarks gained nearly 1% despite technical glitch at the NSE. After making a new record high at opening trade, NSE reported some technical issue and trading halted in both cash and F&O segment, though it again resumed in latter part of the day. Mostly sectoral indices

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

Domestic Market View

Markets to make a cautious start on mixed global cues

The Indian markets despite the technical glitch at NSE which disrupted trade at the premier bourse for almost half of the day, managed to reach their highest levels in last session. Today, the start is likely to be a bit cautious on mi

The Nifty immediate support has now shifted towards 9700 - 9640 - Angel Broking

Sensex (31716) / Nifty (9771)

First half of the day was a complete chaos as trading halted in one of the major exchanges, National Stock Exchange (NSE) due to a technical glitch. The trading activity resumed higher in line with its peer exchange (BSE) and as a result, the Nifty registered yet another all time high way above the 9750 mark on a closing b

Nifty Bulls take control - Sharekhan

Market on July 10, 2017

The Nifty today managed to cross the key resistance zone of 9700-9710. In terms of wave structure this is a sign of wave extension on the upside. Also, as per Dow Theory, Nifty is forming higher tops higher bottoms, which is a bullish sign. Thus the multi month rally is far from over & can add few more legs on the upside. Th

Prices however twice during the week failed to cross the previous swing high - GEPL

Observations:

1. As on 07.7.2017, the long term moving averages stand as below: 50 DMA @ 9524, 100 DMA @ 9286, 200 DMA @ 8848. The NIFTY now trades above all the three averages, and each of the 3 averages are equi-spaced, indicating a good BASE for the long term.

2. On the Index Futures side, both the FIIs as well as RETAIL have reduced the

NIFTY once again falters from the immediate SUPPLY zone @ 9640-9720 - GEPL

Key Highlights:

NIFTY once again falters from the immediate SUPPLY zone @ 9640-9720. Broader markets show divergence.….

* The NIFTY opened @ 9670.35, marginally DOWN by 5 points over Thursday. The first hour saw NIFTY faltering DOWN below the 9650 mark, before a gradual pull back saw NIFTY moving above par by last hou

Scope for a retreat - Sharekhan

Market on July 07, 2017

The Nifty opened on a negative note today & remained subdued throughout the day. The index, in the last session, tested the key resistance of 9700, where it faced selling pressure. The zone of 9700- 9710 continues to put pressure on the index. Wave extension on the upside can be expected only if the hurdles are crossed on cl

Traders should limit their trades and focus on stock selection - Religare Sec

Nifty Outlook

Markets settled flat in a dull trading session today, in absence of any trigger. Initially, feeble global cues pushed the index lower but gradual buying in select index majors pared the losses. Mostly sectoral indices ended unchanged in line with the benchmark and the market breadth too ended on flat note.

Markets are now waitin

Markets to make a soft-to-cautious start on sluggish global cues - LKP Sec

Domestic Market View

Markets to make a soft-to-cautious start on sluggish global cues

The Indian markets despite slowing down in the final hours managed gains of about half a percent in last session. Today, the start may remain cautious on sluggish global cues, however there will be some support to the markets

Testing hurdles - Sharekhan

Market on July 06, 2017

The Nifty opened on positive note today & crossed the swing high of 9650. As a follow through of the Inside Bar breakout in today’s session Nifty scaled higher as the day progressed. The index tested the key resistance of 9700, where it faced selling pressure. Thus 9700-9710 continues to be a crucial resistance zone. W

NIFTY closes onto an all time closing HIGH - GEPL

Key Highlights:

NIFTY closes onto an all time closing HIGH. GST impetus holds sway as Markets closes into 9640-9720 mark which is immediate SUPPLY zone.….

* The NIFTY opened @ 9653.60, UP by around 18 points over Wednesday. A full GREEN day, the NIFTY rose strength to strength all through the day, hitting the 9700 mom

Markets have again reached to the record high and banking holds - Religare Sec

Nifty Outlook

Nifty gained nearly half a percent today and touched 9700, thanks to noticeable buying interest in rate sensitive pack. Among the sectoral pack, banking led the up move today closely followed by realty, FMCG and financials. However, profit taking in last half an hour of the trade trimmed the gains.

Markets have again reached to

The Nifty managed to surpass the mentioned resistance zone of 9630 and 9650 - Angel Broking

Sensex (31369) / Nifty (9675)

Yesterday, we witnessed a gap up opening as indicated by the SGX Nifty. Subsequently, the optimism accelerated as the day progressed and during the second half, the Nifty made a yet another successful attempt to test the 9700 mark. However, once again, we witnessed some profit taking at higher levels towards the fag end t

Markets to make a muted start lacking any supportive factor - LKP Sec

Domestic Market View

Markets to make a muted start lacking any supportive factor

The Indian markets after a choppy trade managed a modestly positive close in the last session. Today, the start is likely to be muted lacking any major supportive factor and amid sluggish global cues. There will be some concern i

Fibonacci holds the key - Sharekhan

Market on July 05, 2017

The Nifty in today’s session traded within the boundaries of yesterday’s trading range thus forming an Inside Bar on the daily chart. This shows indecision in the minds of market participants. In terms of Fibonacci retracement Nifty has retraced 78.6% of the previous fall. Near the key Fibonacci level the index is co

The intraday supports for the Nifty Bank index are placed around 23270 and 23190 - Angel Broking

Sensex (31246) / Nifty (9638)

Our markets opened marginally higher as indicated by the SGX Nifty and then remained in a small range for remaining part of the day. The overall intraday bias was positive but not a significant one. At the end, a stock specific session ended with gains of 0.25%.

Although the market breadth was positive yesterday

We reiterate our view to maintain stock specific trading approach and use dips to add quality stocks - Religare Sec

Nifty Outlook

Nifty traded dull in a narrow range today and somehow managed to settle marginally higher. In absence of any major trigger, participants kept themselves busy with stocks. Metal, realty and media gained maximum on sectoral front and the market breadth too ended on positive side, thanks to recovery in midcap and smallcap space.

Ni

Bears taking over - Sharekhan

Market on July 04, 2017

The Nifty, continuing with the positive momentum from last couple of sessions, opened gap up today. However it couldn’t build upon the gains as bears put up strong resistance near 78.6% retracement of the previous fall. Hence despite of a positive start Nifty posted a negative daily close in the end. This completes the min