The Nifty Bank index traded in a narrow range yesterday - Angel Broking

Sensex (26393) / Nifty (8143)

Yesterday, we saw our markets opening with a marginal upside gap citing to positive cues from Asian peers. Subsequently, the index (Nifty) consolidated in a narrow range with a positive bias for the major part of the session. However, skeptical traders chose to take some money off the table one day ahead of the RBI Monetar

Nifty ended on flat note on Tuesday amid volatility - Religare Sec

Nifty Outlook

Nifty ended on flat note on Tuesday amid volatility, citing cautiousness ahead of monetary policy meet. In continuation to previous session, it made a firm start but lack of follow-up buying capped its movement for most part of the session. However, sudden slide in last hour trimmed the intraday gains completely and dragged the index to n

Nifty trading in a tight range - Sharekhan

Market on December 6, 2016: Resistance at 8250

The Nifty opened higher and ended the trading session on a positive note. The Index filled the gap and turned down thereafter. Moreover, the Nifty has multiple resistances in the zone of 8175 – 8200. The bulls may find it difficult to sustain above these hurdle zones. However, on the downside, 8055 w

The Nifty is able to Cross & Sustain above the crucial 8300 mark - GEPL

Observations:

1. As on 02.12.2016, the long term moving averages stand as below: 50 DMA @ 8481, 100 DMA @ 8567, 200 DMA @ 8169. The NIFTY is now trading below all the 3 longer term moving averages, and now the 50 DMA still remains below the 100 DMA.

2. Nifty 50 tumbled on Friday losing 106.10 points or 1.30% to close at 8086.80.

3.

Previous week’s Lows lend a support to Nifty - GEPL

Key Highlights:

* The NIFTY opened @ 8088.75 more or less flat, marginally UP by 2 points over Friday. It was a SIDEWAYS track till 1:30 PM, wherein the NIFTY traded listless as it fathomed the BEAR prowess of last Friday. The previous week’s LOWS, as expected lent the SUPPORT as NIFTY retraced from near the 8050 mark to almost rise for a 100 poi

Nifty cheers up before RBI policy on Wednesday - Dynamic Levels

Indian Market Outlook:

Indian benchmark Index Nifty opened at 8092 yesterday and made a low of 8076, 2 points below its daily support of 8078 as per Dynamic Levels. Nifty rose sharply by 99 points from there to make a high of 8175 and finally closed at 8173. FII, however, are still continuing with their selling in the month of December. The total selli

The intraday support for the index are placed around 18284 and 18143 - Angel Broking

Sensex (26349) / Nifty (8129)

Trading for the week began on flat note owing to mixed global cues. Subsequently, we witnessed some selling pressure in the initial hour, which dragged the index towards the 8050 mark. However, very much on expected lines, 8055.20 (high on November 23, 2016) played a sheet anchor role as we witnessed a smart rally in the s

Nifty Bulls defend multiple supports - Sharekhan

Market on December 5, 2016: Resistance at 8210

The Nifty opened flat but ended the trading session on a positive note. We had been mentioning in the earlier reports that the 8060 zone will be a crucial support zone. The Index has managed to find support at 8060 levels and has bounced back sharply. However, on the upside, 8250 will act as a crucial resi

we suggest traders to avoid going over the board and wait for some clarit - Religare Sec

Nifty Outlook

Nifty managed to gain over half a percent on Monday amid volatility, thanks to recovery in select index majors in later half. Initially, sentiments were downbeat, following weak cues both from domestic and global front. But, situation improved after the European markets made a firm start and recovery in select banking majors along with ot

Rate, rupee, reforms to drive equity markets

The upcoming monetary policy review of the central bank, combined with fluctuations in rupee value and the flow of foreign funds will drive investors' sentiments in the equities markets.

Other major themes for the trade week starting December 5 will be the movement of global crude oil prices, along with cues on the US Federal Open Market Committee's (FOMC) rate setting meet an

Nifty might retest 7921, RBI policy eyed on Wednesday - Dynamic Levels

Indian Market Outlook :

Indian benchmark Index Nifty opened gap down at 8165 on Friday. It made a high of 8190 and saw a sharp selloff of 95 points to make a low of 8095 in the last hour of trading Friday. Nifty finally closed at 8109. FII have continued their relentless selling in the month of December with a selling of Rs. 593 Cr in last 2 days. As s

Nifty closes near weekly Low - GEPL

Key Highlights:

* The NIFTY opened @ 8153.55 DOWN by around 40 points over Thursday. It was a FULL RED day as NIFTY came in under pressure right from the word go; in spite of the blip post noon on the back of easing of terms for the RBI norms that saw NIFTY create a fresh intraday HIGH. However the BULL presence was short lived and NIFTY created fresh

Nifty ended with a cut of over a percent on Friday amid volatility - Religare Sec

Nifty Outlook

Nifty ended with a cut of over a percent on Friday amid volatility and settled below 8100, reflecting the prevailing market sentiments. Weak global cues led gap down start, which further deteriorated on the fear of delay in GST implementation. However, hopes of rate cut by the RBI in upcoming policy meet capped the slide in first half. An

Nifty breaks the channel - Sharekhan

Market on December 2, 2016: Resistance at 8210

The Nifty opened gap-down and ended the trading session on a negative note. On an hourly chart, the Index was trading in the channel, but in today’s trading session, the Nifty broke down below the channel support. Moreover, it has seen a 5-wave decline on an hourly chart, indicating that the bears no

Nifty Media has retraced 61.8% as per Fibonacci levels - Religare Sec

NIFTY OUTLOOK

* Nifty remained volatile throughout the week as it witnessed steep moves on both sides and finally settled on flat note, showing indecisiveness among the participants.

* Going ahead, RBI monetary policy review, US Fed policy meet and Italy referendum are some of the major events, which are lined up. Needless to say, the prevail

Market Showed Profit Booking In Last Two Trading Session amid FII Selling - Dynamic Levels

Indian Market Outlook:

The week ending 2nd Dec saw Nifty open at 8088 and continue its buying momentum from the previous week. Nifty made new highs for consecutively four days from Monday through Thursday. Nifty along with Small Cap Index rose 194 and 222 points respectively from their Monday lows. Thursday morning markets opened gap up and after testi

Nifty fails to sustain above the 8200 mark - GEPL

Key Highlights:

* The NIFTY opened @ 8244 UP by around 20 points over Wednesday. The NIFTY hit the pre-defined barrier @ 8250 in opening minutes of trade, and then found it difficult to surpass the same. As the day progressed, the NIFTY gradually drifted DOWN to close near the day’s LOWS. Finally to shut shop NIFTY closed @ 8192.90, DOWN by 31.60

Nifty to Stay Weak on FII Continued Selling and Weak Global Cues - Dynamic Levels

Indian Market Outlook:

Indian benchmark Index Nifty opened at 8252 yesterday, just below its previous day's high of 8270. After testing the same level in the first 15 minutes it experienced a selloff of 65 points from a high of 8271 to make a low of 8205. Nifty finally closed at 8209 yesterday. FII have continued their relentless selling even on t

The index lower to close tad below the 8200 mark - Angel Broking

Sensex (26560) / Nifty (8193)

Yesterday, our markets opened higher on the back of positive cues from the Asian bourses. However, we saw strong selling pressure at higher levels which dragged the index lower to close tad below the 8200 mark with a cut of 0.38% over its previous close.

Yesterday’s correction, though it has come due to a s

Nifty inched marginally lower amid volatility - Religare Sec

Nifty Outlook

Nifty inched marginally lower amid volatility on Thursday, tracking mixed cues. After an uptick in early trade, it hovered in a range for most part of the session, but profit taking in the later half pushed into negative territory. It was mainly due to prevailing uncertainty over probable impact of cash crunch on economy in the next quart

Bears defend crucial resistance of 8257 - Sharekhan

Market on December 1, 2016: Resistance at 8257

The Nifty opened gap-up but ended the trading session on a negative note. The Index was unable to cross the crucial hurdle of 8257 (50% retracement level). It found resistance at the 50% retracement level and saw some selling pressure thereafter. On the hourly chart, the Index is trading in a channel. It i