Nifty fails to sustain above the 8250 mark - GEPL

Key Highlights:

* The NIFTY opened @ 8230.65 GAP DOWN by around 31 points over last Friday. From the initial moments the NIFTY formed a Bearish Lower Top Lower Bottom formation. As the day progressed, the NIFTY gradually drifted DOWN to close near the day’s LOWS. Finally to shut shop NIFTY closed @ 8170.80, DOWN by 90.95 points or around 1.10%.

The Nifty slipped convincingly below the 8200 mark - Angel Broking

Sensex (26515) / Nifty (8171)

Last week’s smart rally was followed by a weak opening mainly on the back of mounting concerns over a sharp rise in Crude Oil prices. The sentiments were also dampened by the disappointing IIP data released on Friday post the market close. The selling pressure aggravated across the broader market as the day progresse

Nifty to Open Flat Today After Falling From 8300 Levels - Dynamic Levels

Indian Market Outlook:

Nifty Futures opened gap down at 8248 yesterday and fell further by 85 points after making a high of 8250 and low of 8164 to finally close at 8183. FIIs have turned buyers in the month of December to the tune of Rs. 249.4 Cr. Emerging markets are trading flat today as reflected in the Morgan Stanley Emerging Markets Index which i

We strongly feel that markets need some major positive trigger from the domestic front - Religare Sec

Nifty Outlook

Markets opened gap down on Wednesday and lost nearly a percent, disappointed by the recent macro-economic data and feeble global cues. Contraction in IIP data, possible delay in GST implementation and fresh surge in crude set the negative tone from the beginning, which further dampened with latest statement from the newly elected US Presi

Nifty Evening Star - Sharekhan

Market on December 12, 2016: Resistance at 8230

The Nifty opened gap-down and ended the trading session on a negative note. In today’s trading session, the index formed an “Evening Star” pattern, which has bearish implications. It is trading in an Upward Sloping Channel. The selling will accelerate if it breaks and closes below the ch

Nifty Might Remain Under Pressure, On Emerging Markets Cues - Dynamic Levels

Indian Market Outlook:

Nifty opened at 8275 on Friday and traded in a small range of 40 points with the high of 8294 and low of 8255 to finally close at 8275. FIIs have turned buyers in the month of December to the tune of Rs. 343.85 Cr. However, Emerging markets are showing an intraday correction as reflected in the Morgan Stanley Emerging Markets In

The intraday supports for the Nifty Bank index are placed around 18531 and 18432 - Angel Broking

Sensex (26747) / Nifty (8262)

It has been an eventful week on the global as well as domestic front. Our markets had shown a tremendous resilience despite some negative developments that took place during the midst of the week. Now, with reference to our previous weekly article, we maintained our optimistic stance and used all minor dips to create fresh

We suggest continuing with cautious approach and use further bounce to reduce positions - Religare Sec

Nifty Outlook

Markets spent the entire day in a narrow range on Friday and ended almost flat in the end, taking pause after the Thursday's surge. Sentiments were upbeat initially, thanks to firm global markets, but cautiousness ahead of upcoming Fed meet capped upside as session progressed. In the end, mostly sectoral indices fell in line with benc

Nifty Pharma index is struggling to hold ground and trading with bearish bias - Religare sec

NIFTY OUTLOOK

* Nifty settled on strong note in passing week and gained over 2%, providing some relief to the participants.

* Technically, it is looking good on charts and has potential to test 8450 level. But considering the US Fed meet, which is scheduled on 13-14 December, choppiness is likely to continue ahead also and things will clear p

Nifty In Upside Rally on Strong Fundamentals and Global Cues - Dynamic Levels

Indian Market Outlook:

This week markets witnessed one of the historic events in the Indian Economy where after the Demonetization, markets were keenly expecting a minimum of 25 bps rate cut. But, to surprise all, Mr. Urjit Patel kept the RBI's stance unchanged shocking the markets on Wednesday. Nifty made a low of 8095 post RBI policy, just 20 poi

Bulls say happy weekend - Sharekhan

Market on December 9, 2016: Resistance at 8337

The Nifty opened gap-up and ended the trading session on a positive note. The Index had formed a Hammer Candlestick pattern last week. Post hammer, the Nifty has seen a good ascent. However, the Index is hovering around the 50% retracement level. There is a tug-of-war between the bulls and the bears. It wo

The Nifty has managed to surpass the recent swing high of 8250.80 - Angel Broking

Sensex (26694) / Nifty (8247)

What we saw yesterday was clearly one of the unique characteristics of the financial market. The RBI shocked everyone by maintaining a status-quo on Wednesday. Ideally, this should have been a disappointing development for our markets. But, we just witnessed an immediate kneejerk reaction for few minutes and today surprisi

Strong Buying Seen In Nifty As It Closed Above 8250, Next Target 8400 - Dynamic Levels

Indian Market Outlook:

Nifty is opening at 8280 almost 30 points gap up on strong Global cues. Indian benchmark Index Nifty saw smart buying after a gap up opening yesterday. Nifty opened at 8200 and jumped to 8240 in the morning session and continued to trade above this level throughout the day. The index closed at 8260, backed by FII's who bought

Nifty takes out Gap resistance around the 200 DMA @ 8170-8185 in an overnight coup - GEPL

Key Highlights:

* The NIFTY opened @ 8152.10 GAP-UP by 50 points over Wednesday. Overnight coup seemed to have taken the BEARS by surprise, as WORLD markets cuddled in a RISK-OFF aided by talks of ECB pushing through a fresh stimulus. It was a one way journey all through, as NIFTY rose step by step from 8150 to 8200 to a new 3 week HIGH @ 8256.25. Fina

The existence of multiple hurdles in Nifty between 8300-8400 zone - Religare Sec

Nifty Outlook

Markets surged strongly on Thursday and gained nearly two percent, mainly buoyed by firm global cues. After gap-up start, Nifty gradually inched higher, tracking rotational buying in index majors from across the board. In line with benchmark, all the stock indices ended with decent gains and the market breadth too ended strongly on the ad

Bulls dominate - Sharekhan

Market on December 8, 2016: Resistance at 8337

The Nifty opened gap-up and ended the trading session on a positive note. The Index has closed around the 50% retracement level. It would be interesting to see if the bulls manage to keep up the momentum or not. If the Nifty manages to sustain above 8250, then it is likely to head towards 8337 (61.8% retra

The intraday supports for the Nifty Bank index are placed around 17950 and 17800 - Angel Broking

Sensex (26237) / Nifty (8102)

For the second consecutive session, our markets opened on a positive note owing to persistent favorable cues from the global bourses. As expected, the index slipped into a consolidation mode and immediately post the midsession, the Nifty made an attempt towards the 8200 mark. However, the RBI Governor puzzled everyone by k

The Gap resistance around the 200 DMA @ 8170-8185 - GEPL

Key Highlights:

* The NIFTY opened @ 8168.40 UP by 25 points over Tuesday. The NIFTY for the second day on the trot, maintained a fine balance around the 8150 mark, with intermediate takes at the GAP resistance around the 200 DMA @ 8170-8185. However the RBI status quo, spooked the bandwagon altogether, as NIFTY trumped down to the last 2 week’s

We have been maintaining our cautious stance on market - Religare Sec

Nifty Outlook

Nifty settled lower in an eventful day of Wednesday, surprised by the Monetary Policy Committee’s unchanged stance on key rates. After opening in green, it gradually inched higher, tracking selective buying in few index majors but announcement of status quo on key rates by the RBI triggered knee-jerk reaction as majority were expect

Nifty stuck in a range - Sharekhan

Market on December 7, 2016: Resistance at 8210

The Nifty opened higher and ended the trading session on a negative note. The Index is facing a stiff resistance around 8200 levels. However, on the downside, it has a strong support ~8060 levels. The Nifty is stuck in the broader range of 8055 – 8250. If it manages to close above 8250, then the pull

RBI May Cut 50 Bps, Nifty to Rise Sharply, RBI Policy at 2:30 PM IST - Dynamic Levels

Indian Market Outlook:

Indian benchmark Index Nifty opened at 8173 yesterday and rose 46 points to make a high of 8219. Nifty sharply fell by 51 points from its high to make a low of 8157 and finally closed at 8165. FII, after a long selling spree ended the day yesterday with a net buying in the cash segment worth Rs.162 Cr for the first time since Nov