Nifty has almost tested its crucial support of 9550 today and rebounded marginally in the end - Religare Sec

Nifty Outlook

Markets traded under pressure and lost nearly half a percent, mainly pressurised by weak global cues. It opened lower and maintained negative tone till the end. The news of rate hike by the US Fed was already discounted and markets reacted primarily to the news of special counsel will investigate the US president for his role in obstructi

NIFTY breaks below 9600 levels for the first time after 15 days - GEPL

Key Highlights:

NIFTY breaks below 9600 levels for the first time after 15 days, Misses 3 week LOW by a whisker….

* The NIFTY opened @ 9617.90, flattish over the closing of 9618.15 of Wednesday. After many days it was a clear BEAR day, with market drifting in a LOWER TOP & LOWER bottom fashion yet it missed 3 week

The intraday scale it has been oscillating within the declining channel formation - Tradebulls Sec

On the daily scale nifty formed yet another bearish candle as it slipped below its previous days low & ended the day on a weak note. Though the on the intraday scale it has been oscillating within the declining channel formation, a breach above 9630 would be an immediate requisite to activate the pattern. With the intermediate support zone at a proximal distance now a reversal on the daily

Near support junction - Sharekhan

Market on June 14, 2017

The Nifty in the beginning of the session had faced resistance near the crucial hourly Moving Averages & had tumbled down. Nevertheless the index found support near the junction of lower end of the falling channel & the 20 DMA, which threw the index up again. Consequently Nifty has formed a Dragonfly Doji on the daily ch

NIFTY wallets around the GOLDEN ratio, HOLDS 9600 levels by a whisker - GEPL

Key Highlights:

NIFTY wallets around the GOLDEN ratio, HOLDS 9600 levels by a whisker….

* The NIFTY opened @ 9621.55, UP by around 15 points over Tuesday. The first half of the trading session belonged to the BEARS, as they continued with the drift from earlier day. In the process, NIFTY created a 2 week LOW @ 9580.45

The intraday supports for the Nifty Bank index are placed around 23400 and 23250 - Angel Broking

Sensex (31156) / Nifty (9618)

Our markets opened tad higher as indicated by the pre-opening session. However, quite similar to recent days, this early morning lead got sold into. The second half was slightly encouraging for the bulls as we witnessed a modest recovery from day’s low to conclude the session tad above the psychological level of 960

A breach from hereon above 9670 could reinstate the bullish momentum while a dip below its low 9580 - Tradebulls Sec

A Hammer on the daily scale raises expectation of the revival of the bullish momentum. A breach from hereon above 9670 could reinstate the bullish momentum while a dip below its low 9580 will further drag it towards its intermediate support zone near 9500. Aggressive longs could be re initiated once a 9670 with a probable stop below 9550 to participate the next upmove

We reiterate our view to keep hedged positions and prefer index majors for fresh longs - Religare Sec

Nifty Outlook

Nifty remained sideways for yet another day and settled almost unchanged in the end. In line with the benchmark index, mostly sectoral indices traded mixed and closed flat however movement on broader front kept the traders busy till the end.

Participants will react to the US Fed decision in early trade tomorrow. We reiterate our

Playing within the channel - Sharekhan

Market on June 13, 2017

The Nifty has been sliding down in a channelized manner since last few sessions. In today’s session it opened on a flat note & scaled higher. On the higher side, however, it couldn’t cross the upper channel line, where it faced sharp selling pressure. Consequently Nifty tumbled back towards the support zone of 96

The immediate requisite for revival of the bullish momentum is a sustained move above 9670-9700 zone - Tradebulls Sec

The immediate requisite for revival of the bullish momentum is a sustained move above 9670-9700 zone. Until then expect the ongoing consolidation to extend within 9670-9550 for the week. Momentum traders should refrain from building aggressive longs until 9670-9700 zone is not decisively with strong volumes on the flip side incase of slippage towards the support zone one should await for a firm

NIFTY falters as it faces strong resistance at higher levels - GEPL

Key Highlights:

NIFTY falters as it faces strong resistance at higher levels, HOLDS 9600 by a whisker….

* The NIFTY opened @ 9615.55, flattish & DOWN by just 1 point over Monday. The better part of the trading session sided with the BULLS, as NIFTY had a take at the 9650 mark by around 2 pm. However the BULLS lost

The Nifty Bank index rallied marginally higher during the first half of the session - Angel Broking

Sensex (31103) / Nifty (9607)

We witnessed a flat opening in our market yesterday as indicated by the muted cues from the Asian bourses. This was followed by some positive traction to push the Nifty towards the 9650 mark. However, once again a strong selling pressure at higher levels dragged the index lower to eventually conclude the day with a neglig

Nifty settled marginally lower amid volatility today, continuing its prevailing sideways trend - Religare Sec

Nifty Outlook

Nifty settled marginally lower amid volatility today, continuing its prevailing sideways trend. Sentiment was positive in the first half, thanks to the encouraging macroeconomic data but profit taking in the latter half pushed the index in negative territory. Participants preferred to lighten their positions ahead of beginning of two-day

Nifty Low Volatility trade to continue on index - IIFL

Nifty short straddle (9,600 strike June expiry)

 Nifty has been oscillating within the band of 9,700 to 9,600 zone for the past nine trading sessions. With extreme low levels of option volatility and narrow OI buildup, we expect the market to remain range bound in the near term. Our argument is based on OI build-up seen at 9,500 Put and 9,700 Call

Nifty lost over half a percent in a dull trading session, indicating profit taking - Religare Sec

Nifty Outlook

Nifty lost over half a percent in a dull trading session, indicating profit taking. It opened with a downtick citing weak global markets and remained range bound thereafter. Though rebound in select index majors trimmed some losses in between but profit taking at higher levels capped the recovery. Mostly sectoral indices traded in line wi

NIFTY faces strong Resistance at Higher levels - GEPL

Key Highlights:

NIFTY faces strong Resistance at Higher levels….

* The NIFTY opened @ 9646.70, DOWN by around 21 points over last Friday. From the Initial moments, BEARS hold strong grip over the Market. The Nifty maintained Lower Top Lower Bottom formation throughout the session but at the same time it strongly susta

Markets to get a cautious but mildly green start - LKP Sec

Domestic Market View

Markets to get a cautious but mildly green start

The Indian markets after a weak start remained below the neutral line throughout the day in last session and ended with cut of around half a percent. Today, the start is likely to be in green on signs of recovery in the global markets and o

The 100 DMA is maintaining the positive crossover with respect to the 200 DMA - GEPL

Observations:

1. As on 09.6.2017, the long term moving averages stand as below: 50 DMA @ 9371, 100 DMA @ 9094, 200 DMA @ 8768. The NIFTY sustains quiet well above all the three averages, and the 100 DMA is maintaining the positive crossover with respect to the 200 DMA, maintaining it since week ended April 13, 2017.

2. The FII trend is indicating a

The Nifty Bank traded with positive bias as the index gained 1.35 percent for the week - Angel Broking

Sensex (31262) / Nifty (9668)

During the week gone by, the Nifty index traded in a narrow range and hence, has formed a narrow candle on the weekly chart.

For the second consecutive week, our markets continued their consolidation phase and remained within a narrow range of merely 100 points on Nifty. Due to such lackluster movement, the char

Nifty index managed to recover from lower levels - Motilal Oswal

Nifty Outlook

Nifty index managed to recover from lower levels on the last session and finally closed with the gains of 21 points. It formed a Bullish Candle with a long lower shadow on the daily chart which indicates that bulls are not ready to lose their grip and buying interest is seen on every small decline. The trend of the market in last five ses

We suggest keeping positive yet cautious approach on markets and maintain buy on dips approach - Religare Sec

Nifty Outlook

Markets ended marginally higher in a volatile trading session, tracking mixed cues. The beginning was subdued due to UK election exit polls result showing hung parliament and it remained dull for most part of the session. However, situation improved in the latter half with rebound in select index majors which helped the benchmark to recou

Nifty Auto Index settled with decent gains - Religare Sec

NIFTY OUTLOOK

* The domestic benchmark, Nifty, traded in a narrow range for the entire week as participants preferred to stay on the sideline, citing overbought market condition and mixed global cues.

* Participants are pinning hopes on progress of monsoon along with the GST roll out which are the near term triggers for the domestic market.