Traders should remain cautious and selective in stock picking - Religare Sec

Nifty Outlook

Nifty ended with marginal losses after trading in a narrow band throughout the session, as investors remained cautious ahead of key global events like ECB’s monetary policy review and elections in UK. However, broader market indices outperformed, closing in the green. The sectoral indices exhibited a mixed trend. IT, Oil & Gas a

We reiterate advising booking profits as the index approaches the resistance zone of 9700-9720 levels - Angel Broking

Sensex (31271) / Nifty (9664)

Yesterday, we witnessed a flat opening in our market as indicated by the SGX Nifty early in the morning. Subsequently, index traded in a small range throughout the session and due to some buying momentum in late trades, the Nifty closed with marginal gains.

Despite being an event day (RBI monetary policy) our mar

The other hand, rotational buying in index majors is pushing the markets higher - Religare Sec

Nifty Outlook

Nifty settled with modest gains in a volatile trading session today, tracking mixed local cues. Initially, sentiment was positive in response to the latest IMD update wherein they’ve upgraded the South-West monsoon forecast to 98 percent of long term averages from 96 projected earlier. Also, they shared optimism over the evenly dist

Battle continues - Sharekhan

Market on June 07, 2017

The Nifty opened gap up today & wandered on either side. Ultimately the index closed near the opening for the day thus forming a Doji pattern. This indicates indecision in the minds of market participants. The bulls managed to defend the last session’s low of 9630, which will continue to be a key support from near term

Markets to get a flat-to-cautious start - LKP Sec

Domestic Market View

Markets to get a flat-to-cautious start

The Indian markets recovering from their intraday low managed a decent closing in the last session, with traders rejoicing the RBI’s decision to cut statutory liquidity ratio by 50 basis points to 20 percent, a move that will help infuse more

NIFTY BULLS give way after hitting a FRESH all time high. Pattern targets to extrapolated 9800 levels still remain OPEN - GEPL

Key Highlights:

NIFTY BULLS give way after hitting a FRESH all time high. Pattern targets to extrapolated 9800 levels still remain OPEN ….

* The NIFTY opened @ 9704.25, a FRESH all time HIGH, UP by 30 points over Monday. The opening minute of actual trade in itself saw the HIGH of the day created @ 9709.30, and then i

Bears looking to take over - Sharekhan

Market on June 06, 2017

The Nifty opened gap up today above 9700 mark. However it couldn’t sustain over there & suffered significant selling. Consequently the index has formed a Bearish Outside Bar along with an Engulfing Bear candle on the daily chart. In terms of price patterns, Nifty formed an Ending Diagonal pattern on the hourly chart &a

A breach below 9570 would disable the pennant formation & hence serves as a trailing stop for longs - Tradebulls Sec

Nifty remains confined ahead of the RBI Monetary Policy as most of its price action remained within the 3days average trading range. Though it continued to register fresh high a breach below yesterdays low disturbs the sequence. A breach below 9570 would disable the pennant formation & hence serves as a trailing stop for longs. On the flip side Nifty has not yet witnessed decisive momentum

The intraday supports for the Nifty Bank index are placed around 23225 and 23090 - Angel Broking

Sensex (31191) / Nifty (9637)

Yesterday, we witnessed a gap up opening by a small margin above the 9700 mark. However, index struggled in the initial hours as we saw decent profit booking at higher levels. In fact, this corrective move extended as the day progressed and eventually, the Nifty went on to close almost at the lowest point of the day.

Traders and Investors should remain cautious and selective in stock picking - Religare Sec

Nifty Outlook

After a positive start, the benchmark indices witnessed profit taking at higher levels. The Nifty slipped from a record high of 9,709 and closed on a weak note, as investors remained cautious ahead of RBI monetary policy. Broader market indices also witnessed correction. Amongst the sectors, Consumer Durables, Power, Realty and FMCG dragg

Crawling towards north - Sharekhan

Market on June 05, 2017

The Nifty opened on a flat note today and subsequently crossed the swing high of 9673.50. However, the ascent was restricted near a trendline from the previous swing highs. The benchmark index is losing pace on the way up. Nevertheless, the structure is still in favor of the bulls. In terms of the wave structure, the Nifty is fo

The coming session is likely to trade with some volatility on the back RBI monetary policy - Angel Broking

Sensex (31309) / Nifty (9675)

Trading for the week began on a flat note as indicated by the SGX Nifty. Subsequently, we witnessed narrow range activity in the index with a positive bias. Eventually, the Nifty ended the session tad below the 9700 mark.

The consolidation continues in our market and this is very much in line with our expectation

NIFTY Bulls hold onto foray, as it hits a FRESH all time high - GEPL

Key Highlights:

NIFTY BULLS hold onto foray, as it hits a FRESH all time high. Pattern targets to extrapolated 9800 levels OPEN ….

* The NIFTY opened @ 9656.30, minorly UP by 3 points over last Friday. The weekend seemed to have freshened UP the BULLS, as after 2-3 sluggish sessions the BULLS were back to their OWN as

Nifty remained confined within its previous day`s session for most part of the day - Tradebulls Sec

Fresh highs with sustained up move highlight the ongoing strength in the trend. Though Nifty remained confined within its previous day’s session for most part of the day, the sequence of higher lows remained intact. A breach above 9640 could extend the rally towards 9740 while a sustained breach below its previous day’s low of 9570 would distort the ongoing sequence. Momentum trader

The benchmark indices could continue to consolidate ahead of the crucial RBI monetary policy - Religare Sec

Nifty Outlook

Nifty ended with marginal gains after trading in a narrow band throughout the session. The broader markets continued their outperformance, registering decent gains. Barring Metals, Power and Healthcare, all the other sectoral indices ended in the green with Consumer Durables being a top performer (up 5.8%), followed by Realty, Consumer Di

Bulls having upper hand - Sharekhan

Market on June 02, 2017

With an opening gap, the Nifty crossed the swing high of 9649 on the upside. The consolidation, which we witnessed over the last few sessions, has broken out on the upside. This makes the swing low of 9589 a crucial support. On the flip side, the daily upper Bollinger Band has expanded further on the upside and is now posing as

NIFTY hits an All time High, as BULLS desist to go down - GEPL

Key Highlights:

NIFTY hits an All time High, as BULLS desist to go down….

* The NIFTY opened @ 9657.15, UP by 41 points over Thursday. The whole trading session witnessed sluggishness, a continuation of the earlier day’s lackluster behavior with the formation of a DOJI candlestick pattern on daily charts. To shu

Markets to make a positive start of the crucial week - LKP Sec

Domestic Market View

Markets to make a positive start of the crucial week

The Indian markets showing a steady trade ended higher in the last session, tracking upbeat global market. Today, the start of the crucial week is likely to be in green and traders will be getting some support with a World Bank report

The Nifty Bank index could move upto 23550- 23650 - Angel Broking

Sensex (31273) / Nifty (9654)

During last week, the Nifty index was confined to a narrow range of 125 points as the index gained 0.61 percent during the week.

It’s been a week of consolidation with a mildly positive bias which was quite evident after such a sharp up move in the previous week and more importantly, after reaching the imp

Asian markets are trading mix. SGX Nifty is trading up by 16 points - Religare Sec

Nifty Outlook

Nifty opened with an uptick and ended with modest gains after four days of sideways move. Initially, firm global markets boosted the sentiments which further improved with encouraging auto sales figure and rebound in the select index majors. Noticeable recovery was witnessed on broader front too while sectoral indices traded mixed.

Traders should maintain leverage longs until 9530 holds - Tradebulls Sec

Index is at the cusp of maturing optimism & euphoria. With fresh life high, continued buying interest & no signs of major reversal formations on the intermediate scale keeps the mood right for a futher extension on the ongoing up-move. Though the daily RSI is quoting an overbought state but there is no sign of major divergence; also the ADX in the lower panel indicates a likely extensio

Bank nifty could continue its outperformance in the coming sessions as its constituents continue to display strength - Tradebulls Sec

Fresh highs with sustained up move highlight the ongoing strength in the trend. Though Nifty remained confined within its previous day’s session for most part of the day, the sequence of higher lows remained intact. A breach above 9640 could extend the rally towards 9740 while a sustained breach below its previous day’s low of 9570 would distort the ongoing sequence. Momentum trader