Markets to extend gains with a positive start - LKP Sec

Domestic Market View

Markets to extend gains with a positive start

The Indian markets rallied in last session on expectations that the biggest tax reform in independent India will support higher government revenue generation, after the goods and services tax (GST) kicked in on July 1. Today, the start is like

Nifty to retain the trading zone of 9645-9450 for some more time - Tradebulls Sec

Nifty snapped the two days decline in a single session as it retraced itself back above 9600. The pace of the recovery has been gradual as compared to its previous wave on the 60 min scale. Even on the daily scale the upmove lacks firm signs of a reversal, therefore it is prudent to assume that the ongoing move on the intraday scale is a corrective of its previous decline from 9700 to 9449.The

Markets rebounded strongly today and gained nearly a percent amid volatility - Religare Sec

Nifty Outlook

Markets rebounded strongly today and gained nearly a percent amid volatility. The sentiment was positive from the beginning, tracking encouraging updates on GST and recovery in the global markets. However, selective buying was witnessed on sectoral front wherein FMCG, metal, auto and realty attracted maximum traction.

We feel pa

Deep retracement - Sharekhan

Market on July 03, 2017

The Nifty opened gap up today & scaled higher subsequently. The hourly chart shows that the Nifty has formed a pullback, which has taken form of an expanded flat. In terms of Fibonacci retracement it has retraced 61.8% of the previous fall. Thus it has formed deep retracement of the impulse structure. The benchmark index has

The intraday supports for the Nifty Bank index is placed in the range of 23100 and 23000 - Angel Broking

Sensex (31222) / Nifty (9615)

Yesterday, we witnessed a gap up opening mainly on the back of biggest tax reform ever in India, GST rollout from July 01st 2017. After a minor pause, the optimism resumed during the penultimate hour to push the index beyond the 9600 mark on a closing basis.

Due to yesterdays price activity the Nifty has once ag

NIFTY sustains the expiry bounce back above the psychological 9500 mark - GEPL

Key Highlights:

NIFTY sustains the expiry bounce back above the psychological 9500 mark. 9560-9700 stands as immediate SUPPLY zone in the GST Regime.….

* The NIFTY opened @ 9478.50, GAP-DOWN by around 25 points over Thursday’s expiry. The NIFTY drifted lower but when the immediate DEMAND zone @ 9550-9520 was tes

Nifty has immediate support at 9400 - Religare Sec

Nifty Outlook

Markets managed to end marginally higher in a volatile trading session today. The benchmark opened gap down, tracking feeble global cues but recovery in select index majors trimmed losses as the session progressed. FMCG and Pharma were top gainers on sectoral front and the market breadth also improved in the latter half.

After m

Keep an eye - Sharekhan

Market on June 30, 2017

The Nifty opened gap down today & broke the swing low of 9473. However the hourly lower Bollinger Band offered support to the index. As a result Nifty bounced towards the key hourly moving averages. Structurally today’s move seems to be a part of the minor degree bounce that has started in the last session. On the high

The Nifty to oscillate within the broad range of 9700-9350 for the month - Tradebulls Sec

Crude saw a breakdown from the Wedge formation around 49-49.5 level & post that it has been oscillating within a ‘Declining Channel’ formation. The dates highlighted are some key swing reversal points. Now if we observe the movement of Nifty (Lower Panel) on from these corresponding dates we could see that even the Nifty remained in tandem with the crude movement (within the cha

Nifty slipped nearly half percent amid volatility - Religare Sec

NIFTY OUTLOOK

* In continuation to its sideways trend, the domestic benchmark index, Nifty slipped nearly half percent amid volatility.

* Participants are focusing on GST roll out and will react to the cues next week. Besides, indications from the global front, movement on currency front and further monsoon update will dictate the market tren

The mentioned zone then next support for nifty is at 9380 - 9300 levels - Arihant Capital Markets

On 29/06/2017 markets opened higher traded with choppiness in a narrow range to close in green. On the sectoral front Metal, Realty and telecom ended on the gainers side whereas Healthcare, Bankex and Auto ended with marginal losses. The advance decline ratio was in favour of advancing counter (Advances = 1601/Declines = 970).

 

Pattern Formation:

NIFTY gives a bounce back above the psychological 9500 mark - GEPL

Key Highlights:

NIFTY gives a bounce back above the psychological 9500 mark. 9560-9700 stands as immediate SUPPLY zone.….

* The NIFTY opened @ 9522.95, GAP-UP by around 30 points over Wednesday. The NIFTY rose in strength slowly but surely to retest the immediate SUPPLY zone @ 9560-9570. It seemed the BULLS had corne

Markets to make a weak start on feeble global cues - LKP Sec

Domestic Market View

Markets to make a weak start on feeble global cues

Indian shares gave up early gains to end on a flat note on Thursday on the eve of F&O contract expiry. Today, the start is likely to be in red on weak global cues. On the domestic front, traders will be eying Goods and Services Tax (G

Pressure persists - Sharekhan

Market on June 29, 2017

The Nifty opened on positive note today & moved higher in the first half of the session. The index however couldn’t sustain in the higher territory & faced significant selling pressure in the second half. The hourly chart shows that Nifty retraced little more than 38.2% of the previous five wav decline. Near the ke

We are expecting this corrective move to extend upto 22450-22500 in next few weeks - Angel Broking

Sensex (30858) / Nifty (9504)

Yesterday, our markets opened higher owing to cheerful mood across the globe. This optimism accelerated as the day progressed to extend early morning lead towards 9560 – 9580. However, as expected, this resistance zone acted as a stiff hurdle and as a result, the Nifty corrected during the second half to pare down ma

We suggest continuing with stock specific trading approach and maintaining a balanced trading portfolio - Religare Sec

Nifty Outlook

Markets traded volatile due to derivatives expiry and settled almost flat in the end. In the first half, traders took some encouragement from the firm global markets and latest monsoon update from the IMD, which pushed the benchmark higher. However, sentiment soured in the latter half and index slipped almost vertically, eliminating all t

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

Domestic Market View

Markets to get a positive start on supportive global cues

The Indian markets truly depicted the choppiness and ended in red in the last session, as worries about provisioning towards large NPA kept investors on the sidelines. Today, the start of the F&O series expiry session is likely

Bears tighten the grip - Sharekhan

Market on June 28, 2017

The Nifty opened on flat note today & after a day long consolidation ultimately cracked the 9500 mark on closing basis. Thus Nifty is now trading below the crucial daily moving averages. Expansion in daily Bollinger Bands indicates that the move is likely to extend further on the downside. The short term momentum indicators

NIFTY gives back the bounce back GAINS - GEPL

Key Highlights:

NIFTY gives back the bounce back GAINS, as it closes below the psychological 9500 mark. 9560-9700 stands as immediate SUPPLY zone.….

* The NIFTY opened @ 9520.20, marginally UP by just 9 points over Tuesday. The market seemed quiet somber ahead of the expiry, as NIFTY gave back the GAINS within minutes

We expect volatility to remain high, due to scheduled F&O expiry and GST implementation ahead - Religare Sec

Nifty Outlook

Markets settled marginally lower in a range bound session, continuing its corrective phase. Meanwhile, traders kept themselves busy in rollover and unwinding of their derivatives positions. Mostly sectoral indices traded in line with the benchmark and closed on flat note. In short, it was a dull session in absence of any fresh trigger.