We reiterate our view to limit leveraged positions and wait for further clarity - Religare Sec

Nifty Outlook

Nifty opened with an uptick and managed to settle with decent gains in a volatile session today. Again, it was buoyancy on the global front combined with supportive domestic cues which helped the index to edge higher. However, traders really had a tough time on stock specific front due to excessive volatility. Among the sectoral pack, onl

The Nifty intraday supports for the Nifty Bank index are placed around 21247 and 21198 - Angel Broking

Sensex (29531) / Nifty (9144)

Yesterday's session opened marginally up owing to positive global cues. Subsequently, we witnessed some consolidation with a positive bias for the remaining part of the session to conclude with half a percent gains.

The opening point during yesterday's session was quite encouraging as the Nifty kick-start

Northward bound - Sharekhan

Market on March 29, 2017

The Nifty had a gap-up opening today and surpassed the swing high of 9133. In terms of the wave structure, the Nifty is forming sub-divisions on the way up. Even on the hourly chart, the impulse structure is showing extensions on the upside. This shows that the Nifty has significant upside potential. Therefore, we have raised t

Indian equity indices convalesce; Sensex ends above 29400 mark - LKP Sec

Domestic Market Overview

Indian equity indices convalesce; Sensex ends above 29400 mark

It turned out to be a stable day for the Indian benchmark indices, which climbed well over half a percent point and managed to end above the crucial support levels. Investors remained optimistic on hopes that the Goods and

The bank nifty higher side resistance still remains firm at 21500 levels while the 21000 level - Tradebulls Sec

Nifty Spot View

After Witnessing heavy selling pressure in last trading session, today Nifty opened on a firm note tracking positive global cues. Some profit booking at higher levels was witnessed during the day which kept the sentiment sideways throughout the session. Strong buying seen in Power sector stocks throughout the session. Momentum Indicator

The intraday supports for the Nifty Bank index are placed around 21000 and 20933 - Angel Broking

Sensex (29410) / Nifty (9101)

It was certainly a good start for our markets as the Nifty opened with a decent upside gap owing to cheerful mood across the Asian bourses. This was followed by a range bound action within merely 30 points band throughout the remaining session. However, the overall bias remained on the positive side and as a result; the Ni

We expect volatility to increase in the next two sessions - Religare Sec

Nifty Outlook

Nifty gained over half a percent and reclaimed 9100, thanks to the rebound in Asian counterparts and favourable local cues. Initially, it surged on the hopes of timely implementation of goods and services tax (GST) which further strengthened with recovery in global indices. However, it remained range bound thereafter while participants we

Upside potential - Sharekhan

Market on March 28, 2017

The Nifty drifted lower in last session to test multiple support levels, where the bulls rushed in to provide support. Thus Nifty opened gap-up today and climbed above the 9100 mark. On the hourly chart, it has formed another impulse on the upside. On the way up, the swing high of 9133 will be the key hurdle to watch out for. I

It’s normal to see such volatile swings during the consolidation phase - Religare Sec

Nifty Outlook

Nifty lost over half a percent in a volatile day, mirroring the last trading session. Feeble cues on both the domestic and global front triggered weak start, which further deteriorated as the session progressed. However, rebound in select index majors helped index to recoup some losses in the later half. In line with the benchmark, mostly

Bank Nifty could remain firm & a breach of 21210 could determine the trend for day - Tradebulls Sec

Nifty Spot View

After Witnessing recovery in last trading sessions, today Nifty opened on a negative note tracking negative global cues. Continue selling pressure was witnessed during the day which kept the sentiment bearish throughout the session. Weakness in the USD/INR pair supported the recovery from lower levels. Momentum Indicator RSI for 14-day

Bulls hold on - Sharekhan

Market on March 27, 2017

The Nifty opened on a negative note and tumbled to test its supports. The bulls managed to hold on to the swing low of 9019. On the hourly chart, the Nifty has formed an impulse on the upside, which will hold as long as the swing low of 9019 holds. The range of 8980-9000, which had earlier acted as a resistance zone, is now pro

The Nifty (9108) has largely remained Sideways - GEPL

Observations:

1. As on 24.3.2017, the long term moving averages stand as below: 50 DMA @ 8792, 100 DMA @ 8487, 200 DMA @ 8526. The NIFTY now trades above all the three averages, and the 100 DMA is now very close to a positive crossover above the 200 DMA.

2. A narrow range session both on daily as well as weekly timeframes, the market is showi

We reiterate our view that Nifty will further consolidate in the near future - Religare Sec

Nifty Outlook

Nifty closed flat in a volatile session today, tracking mixed cues. Initially, it made a firm start and inched higher, thanks to strong rebound in banking counters. But, profit taking at the higher levels again pushed the index to neutral line. It was a mixed session on the sectoral front wherein banking, especially the PSU pack, clearly

NIFTY closes the week above 9100 as global peers wander listless - GEPL

Key Highlights:

NIFTY closes the week above 9100 as global peers wander listless. NIFTY may still remain in pressure around 9200; correct onto 8930- 8950.…

* The NIFTY opened @ 9104.00, once again a TICK-UP of around 18 points over Thursday as cues from overseas market turned out to be a damp squib. Once again the BULL

The intraday supports for the Nifty Bank index are placed around 21010 and 20938 - Angel Broking

Sensex (29421) / Nifty (9108)

In the week gone by, we witnessed some tussle between the market participants as the market remained under pressure during the first half; whereas we saw a decent recovery in the latter one. At the end, the Nifty managed to regain the 9100 mark on a closing basis, which is an encouraging sign for our market.

Look

The higher side resistance still remains firm at 21350 levels - Tradebulls Sec

Nifty Spot View

After Witnessing recovery in last trading sessions, today Nifty opened on a positive note tracking positive global cues. Bouts of short covering were witnessed during the day which kept the sentiment firm throughout the session. Weakness in the USD/INR pair supported the continuation of recovery. Momentum Indicator RSI for 14-day period

Inching higher - Sharekhan

Market on March 24, 2017

The Nifty traded with a bullish bias today and scaled above the 9100 mark on a closing basis. A bigger picture shows that the Nifty held on to the trendline drawn from the previous swing lows. On the hourly chart, it has formed an impulse on the upside, which suggests that the larger upside potential is still intact. The range

Nifty pharma index has once again failed to surpass the hurdle around 10800 mark and closed - Religare Sec

NIFTY OUTLOOK

* Nifty settled marginally lower in the passing week, tracking mixed cues. Majority of the sectoral pivots traded inline with the benchmark and failed to post any meaningful gain.

* In the coming week, we expect Nifty to consolidate further within 9000-9300 band; however, volatility will inch higher on stock specific front due t

Nifty likely to trade with sideways sentiments and 9040 at lower - Tradebulls Sec

Nifty Spot View

Nifty traded with firm sentiments in last session due to lower levels buying and short covering from traders. It managed to hold the gains at end of the session while volatile USD/INR futures prices brought volatility in Indian equity market as well. Next important support seen at 9000 level. Nifty likely to trade with sideways sentimen