The Nifty support is placed around 8,330 and then at 8,290 levels - Reliance Sec

MARKET SYNOPSIS

* Yesterday, NSE-NIFTY begun the session around key resistance level-8,330 tracking positive global cues and later with the help of buying across the board index marched towards 8,400 mark. Finally, NIFTY finished trade at 8,381 level, with gain of 92 points.

* NSE Cash segment has reported turnover of Rs21,562 crore as compar

Nifty has made a decisive move today and crossed its crucial 8300 - ReligareSec

Nifty Outlook

It was an exceptional session for the participants as Nifty gained over one percent along with noticeable move on broader front. Sentiment was upbeat from the beginning, tracking firm global cues and continuous buying in index majors mainly from banking and metal pack. The up move was the reflection of budget expectations as majority feel

Bulls on a roll - Sharekhan

Market on January 11, 2017: Support at 8220

The Nifty opened gap-up and ended the trading session almost at the highest point of the day. The Index had given a breakout above 8320 and has witnessed a sharp rally thereafter. Moreover, the downward sloping trendline has also been broken with a gap. The momentum is with the bulls. The next hurdle zone for

The Nifty now trades above 50 DMA - GEPL

Observations:

1. As on 06.1.2017, the first week of calendar year 2017, the long term moving averages stand as below: 50 DMA @ 8202, 100 DMA @ 8457, 200 DMA @ 8279. The NIFTY now trades above 50 DMA, presently just a shade short of the 200 DMA & still quiet away from the 100 DMA. The death cross (50 DMA below 200 DMA) has been the characteristics o

The intraday supports for the Nifty Bank index are placed around 18275 and 18155 - Angel Broking

Sensex (27900) / Nifty (8289)

Our benchmark index opened higher taking positive cues from most of the Emerging Markets as the US Dollar index slipped below the 102 mark. Subsequently, we saw consolidation happening in a narrow range post the initial hour of trading. However, the index managed to pick some buying momentum in the concluding hour to close

Nifty closes @ 200 DMA of 8280 - GEPL

Key Highlights:

* The NIFTY opened @ 8262.70 marginally UP by around 27 points over Monday. The first half saw NIFTY walleting in a tight 20 points range, yet maintaining a full GREEN genre. The last half an hour saw some pickup to the GREEN fervor, as NIFTY closed @ the 200 DMA of 8280. The market thus closed quiet balanced yet just short of breakout

We suggest maintaining stock specific trading approach rather focusing much on benchmark index - Religare Sec

Nifty Outlook

Markets settled with decent gains today, mainly supported by buying interest in select index majors. After gap up start, it hovered in a narrow range and managed to close around the day’s high. In absence of any major trigger, participants continued with stock specific trading approach wherein counters from banking, auto, metal and

Nifty approaching multiple resistances - Sharekhan

Market on January 10, 2017: Support at 8220

The Nifty opened higher and ended the trading session on a positive note. However, the Index is now approaching a zone of multiple resistances. The zone of 8306-8320 will act as a strong resistance. Also, the Nifty is losing momentum to advance further. Given that the Index has seen a sharp rise lately withou

Markets to get a flat-to-soft start on mixed global cues - LKP Sec

Domestic Market View

Markets to get a flat-to-soft start on mixed global cues

The Indian markets ended marginally in red after a lackluster performance during the day on mixed global cues and weakness in rupee. Today the start is likely to see a cautious trade on mixed global cues and few other brokerages proj

The intraday supports for the Nifty Bank index are placed around 18150 and 18075 - Angel Broking

Sensex (26727) / Nifty (8236)

Our markets began the new trading week with a mildly positive bias owing to positive cues from the Asian bourses. However, we saw minor dip from early morning’s high which was then followed by a consolidation for the remaining part of the day. Eventually, the Nifty ended the session tad below the 8250 mark.

The pre-defined Resistance zone of 8250-8300 that houses 200 DMA - GEPL

Key Highlights:

* The NIFTY opened @ 8259.35 marginally UP by around 15 points over last Friday. The market continued with it’s sideways trance, a carry forward from Friday; that saw NIFTY wallet in a tight 36 point band all through. Listless to the core, the NIFTY shut shop @ 8236.05 DOWN by 7.75 points or 0.09%.

* The broader indices,

Traders should limit their positions only to the quality stocks - Religare Sec

Nifty Outlook

Nifty settled flat in a dull session today, tracking mixed domestic data and not so favourable global markets. Sentiment was downbeat from the beginning in reaction to the latest GDP estimates and anxiety ahead of earning season. However, the FM's statement on double digit growth in tax collection figures during April-December 2016 ov

Dull day - Sharekhan

Market on January 9, 2017: Support at 8220

The Nifty opened higher but ended the trading session on a negative note. The Index was trading in narrow range throughout the trading session. It is seeing some consolidation after a sharp rally in the past few trading sessions. The Nifty has formed a gap in the zone of 8200-8220, which will act as strong sup

Markets to make positive start on firm global cues - LKP Sec

Domestic Market View

Markets to make positive start on firm global cues

The Indian markets despite a good start lost its momentum and ended with around half a percent of losses in last session mainly due to slump in IT stocks. Today the start is likely to be on a positive side amid firm global cues. Traders wi

The Nifty Bank index continuing its upmove in near term which could lead the index higher upto 18600 - Angel Broking

Sensex (26759) / Nifty (8244)

It’s been a week of consolidation for our market after seeing a spectacular recovery in the previous week posting a new tenmonth low of 7893.80. However, things were quite clear due to this remarkable rally that the Nifty has formed a base around 7900 and is now poised for a breakout beyond 8274.95. Very much on our

The 200 DMA @ 8270 provides the NIFTY with some jitters- GEPL Capital

Key Highlights: 

The 200 DMA @ 8270 provides the NIFTY with some jitters. Pre-defined RESISTANCE zone of 8250-8300 still provides with the RUB. Follow-up is the key.…

* The NIFTY opened @ 8281.85 marginally UP by around 8 points over Thursday. The first hour saw NIFTY having a take @ the 8300 mark, as NIFTY contin

We suggest keeping extra caution in stock selection - Religare Sec

Nifty Outlook

Nifty tested its crucial hurdle at 8300 today in early trades but managed to settle marginally lower due to profit taking at higher levels. Sentiment was upbeat in continuation to Thursday's trade and participation from the banking majors further fuelled the recovery. However, weak opening of the European markets and existence of hurd

Nifty futures traded with firm sentiments last week - Tradebulls Sec

Nifty Fut View

Nifty futures traded with firm sentiments last week tracking bearish USD/INR futures prices and buying support at lower levels from traders. It likely to trade with firm sentiments in current week as well on buying support at lower levels from traders. It witnessed buying sentiments but failed to hold the gains at higher levels before en

Nifty likely to trade with sideways sentiments and 8280 at higher - Tradebulls Sec

Nifty Spot View

Nifty traded with volatile sentiments in last session due profit booking at higher levels from traders. Next important resistance seen at 8320 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 8280 at higher s

Bank Nifty continued its underperformance in the passing month and lost over 2.5% - Religare Sec

Outlook for Nifty 50

* Nifty ended marginally lower in the passing month, tracking mixed global cues and not so favorable domestic factors. After marginal bounce in the first week, it maintained its negative tone for most part of the month; however, recovery in final week of the calendar year significantly trimmed the losses. Finally, it settled at 818

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