NIFTY will continue to face hurdle around 9,980 level - Reliance Sec

Technical Research

MARKET SYNOPSIS

* Yesterday, NSE-NIFTY remained in pressure post a stable opening on back of negative global cues and also due to selling across the board, where index reversed after facing resistance of its short-term moving average 20-DEMA and slipped below 9,750 mark during the day.

The BankNifty closed at 23936.50 with losing 137.95 points - Choice Broking

Nifty Outlook

* Benchmark indices witnessed a sharp fall in the final minutes of trade, the Nifty fell to almost 9750-levels, closed down 83.05 points at 9754.35.

* On a daily chart, at the beginning, the index has faced a strong resistance of 20 days exponential moving average placed at 9884.23 which is exactly the high value of the index fo

The intraday supports for the Nifty Bank index are placed around 23815 and 23725 - Angel Broking

Sensex (31259) / Nifty (9754)

Our markets kicked off the trading week on a flat note owing to mixed global cues. Subsequently, we witnessed some consolidation in the initial hour. However, a strong bout of selling in the second half dragged the index lower after precisely facing a resistance around Friday's downward gap area.

Yesterday

The Nifty traders should follow rise on sell around 9800 - Enrich Commodities

NIFTY MORNING OUTLOOK

Asian market trading higher Nifty50 on the SGX were trading 34.50 points rose at 9,807 indicating a gap up opening for the NSE.

On Monday, The Nifty 50 index fell 83.05 points or 0.84% to settle at 9,754.35, The index opens rose 46.95 points, or 0.48% at the day’s high of 9,884.35. at closing session, the index fel

The fall was in line with our view and we expect Nifty to test 9600 shortly - Religare Sec

Nifty Outlook

Markets started the week on feeble note and lost nearly a percent. Though it opened with an uptick but selling pressure at higher level gradually pushed the benchmark lower. The announcement of buyback by the IT major, Infosys, failed to provide any relief after the Friday’s meltdown and it further slipped nearly 6% today, adding to

The BankNifty closed at 24074.45 with losing 162.80 points - Choice Broking

Nifty Outlook

* The week ended on a negative note with the Nifty snapping 9900-mark, ended lower by 66.75 points at 9837.40.

* On a daily chart, the index has given a gap down opening at 9865 level and moved towards south but ended the session with a Hammer candlestick pattern.

* Moreover, 3rd time in last 6 sessions, the index has

NIFTY shocked on INFY grill - GEPL

Key Highlights:

NIFTY shocked on INFY grill. Other heavyweights participate in the end of day rescue .….  

* The NIFTY opened @ 9865.95, a GAP-DOWN of 40 points over Thursday. A shock from INFY grill as MD resigned sine-a-die destabilized the sentiment and the market saw a complete RED day. Taking a beating right

Markets to make a cautious start amid mixed regional cues - LKP Sec

Domestic Market View

Markets to make a cautious start amid mixed regional cues

The Indian markets suffered severe sell-off in the last session and the major benchmarks lost around a percent in aftermath of Infosys CEO Vishal Sikka's resignation. Today, the start is likely to be cautious and some recovery i

Nifty has immediate support at 9780 - Religare Sec

Nifty Outlook

Markets traded under pressure and lost over half a percent, pressurised by feeble global cues and slide in IT major, Infosys. Sentiment was downbeat from the beginning on the news of terrorist attack in Spain and gloomy geo-political situation between the US and North Korea. On local front, the stock of Infosys witnessed sharp decline on

Nifty Poised for a fall - Sharekhan

Market on August 18, 2017

The Nifty opened gap down today & moved lower subsequently thus forming a bearish Belt Hold candle on the daily chart. The minor degree pullback over last few sessions looks done near 61.8% retracement of the previous down leg & the 20 DMA. Thereon bears seem to have taken the charge. With a negative daily close in pla

Nifty Energy Index performed well in last week, gained over 2 percent - Religare Sec

NIFTY OUTLOOK

* Nifty recovered marginally in the passing week and gained over a percent. Sentiment was upbeat for most part of the week however profit taking in the final session trimmed the weekly gains.

* The coming week is also a holiday shortened one and we expect further decline in the benchmark, citing feeble global markets and lack of

Indian market too as investors may choose to lighten positions at the first signs of worry - IIFL

A pall of gloom seems to descend on the Street as indices world over witnessed a sell-off. The weak sentiment could rub-off on the Indian market too as investors may choose to lighten positions at the first signs of worry. Wall Street saw one of its worst falls in three months as concerns about President Trump’s ability to get the economic agenda going kept investors edgy. Asian markets t

The Nifty placed comfortably above 9900-mark - Choice Broking

Nifty Outlook

* The Nifty placed comfortably above 9900-mark and managed to end the day in the green but with marginal gains, ended higher by 6.8 points at 9904.15.

* Besides, the Nifty has been facing a strong resistance of its 21 days moving average which is placed at 9957 level which shows weakness in the Index.

* Moreover, the m

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

The Indian markets after a choppy session managed a flat but positive closing in the last session. Today the start is likely to be weak on feeble global cues and lacking any positive trigger on the domestic front. Markets however, may get

NIFTY maintains status quo, as NIFTY holds 9900 by a whisker - GEPL

Key Highlights:

NIFTY maintains status quo, as NIFTY holds 9900 by a whisker. Heavyweights participate in the rescue .….  

* The NIFTY opened @ 9945.55, once again a GAP-UP by around 48 points over Wednesday. The nervousness at higher level was amply clear right from the beginning as NIFTY traded in parity around

The nifty Trend will only end once it forms a lower high - Enrich Commodities

NIFTY MORNING OUTLOOK

Asian market trading lower Nifty50 on the SGX were trading 48 points down at 9,863 indicating a gap down opening for the NSE.

Yesterday Nifty50 rose 0.07% settled at 9904.15, while the BSE Sensex index gained 0.08% 31795.46 settled with minor gains after a volatile trading session. The breadth, indicating the overall hea

The intraday supports for the Nifty Bank index are placed around 24100 and 23950 - Angel Broking

Sensex (31795) / Nifty (9904)

Yesterday, despite having muted cues from the global peers, our markets started the session on a positive note. This was mainly on the back of a strong opening from the IT giant Infosys, post its buyback announcement. However, despite this, there was no other trigger for such strong opening and hence, we got to see a perfe

Nifty Pullback near maturity- Sharekhan

Market on August 17, 2017

The Nifty, continuing with the positive momentum from last couple of sessions, opened gap up today. However the upside was restricted near 61.8% retracement of the recent fall. Presence of 20 DMA near the Golden Ratio mark created additional pressure on the higher side. Thus the minor degree pullback looks near maturity. Howev

Market participants world over are concerned over the prevailing geo-political issues - Religare Sec

Nifty Outlook

Nifty traded range bound and closed almost flat, taking a pause after the recent recovery. It hovered in a narrow range in absence of any fresh trigger however movement on stock specific front kept the participants busy. Sectoral indices too traded mixed wherein IT and Media attracted maximum buying interest.

Market participants

The Banknifty closed at 24437.70 with gaining 321.95 points - Choice Broking

Nifty Outlook

* The equity benchmark indices ended the session on a very strong note, with Nifty ended just a tad below 9900, closed higher by 103.15 points at 9897.30.

* On a daily chart, the index has given a gap up opening and moved towards south but again tested a strong support at a confluence of 50 days exponential moving average and 50

The retracement resistance of the recent correction in the Nifty Bank index is seen around 24508 - Angel Broking

Sensex (31771) / Nifty (9897)

Our markets have shown tremendous resilience at lower levels as we saw Nifty extending Monday’s bounce back rally by a fair margin yesterday. During the first half, the index consolidated in a small range; but, a strong buying interest in the latter half pushed the index higher to reclaim the 9900 mark.

Alt

Trading Pattern analysis shows nifty as bullish pattern in the charts - Enrich Commodities

NIFTY MORNING OUTLOOK

Asian market trading mixed Nifty50 on the SGX were trading 7 points lower at 9,900 indicating a flat opening for the NSE.

At the close in NSE, the Nifty50 9,897.30 rose 1.05% or 103. For higher closing second day in a row, while the BSE Sensex index higher 1.02% or 321.86 closed at 31,770.89 Strong gains in metals and FM