We suggest maintaining a positive yet cautious stance on the index - Religare Sec

Nifty Outlook

Nifty continued to be directionless for the third day in a row and settled almost unchanged, in absence of any major trigger. However, there were many trading opportunities, thanks to stock specific movement. On the sectoral front, banking continued its underperformance and profit taking in the energy space added to the pressure.

<
If Bank Nifty trade firm then it may test next resistance of 18200 levels - Tradebulls Sec

Nifty Spot View

Nifty traded with sideways sentiments in last session due profit booking at higher levels from traders. Next important resistance seen at 8280 level. Nifty likely to trade with sideways se􀅶ti􀅵e􀅶ts i􀅶 today’s sessio􀅶 on profit booking at higher levels from traders. Nifty likely to trade with sideways sentiments and 8

Tussle between bulls and bears - Sharekhan

Market on January 4, 2017: Resistance at 8220

The Nifty opened higher and ended the trading session on a flat note. The Index is currently stuck in a range, and a breakout above 8220 will take it to 8250-8300 while a break below 8150 will take it to 8130-8080. However, the Nifty is trading above its daily moving averages and should cross 8275 for furth

Next important resistance seen at 8280 level - Tradebulls Sec

Nifty Spot View

Nifty traded with sideways sentiments in last session due profit booking at higher levels from traders. Next important resistance seen at 8280 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 8230 at higher s

We suggest keeping a close eye on the banking counters for further cues - Religare Sec

Nifty Outlook

Nifty traded sideways on expected lines and settled on a flat note, tracking mixed domestic cues. Weak core sector data and caution ahead of GST Council meet was weighing on sentiment from the beginning. Also, underperformance from the banking majors added to the pressure at higher levels. However, buying continued in the cash segment, wh

Market reached its Buy Target, further Breakout to Happen with FII Buying - Dynamic Levels

Indian Market Outlook:

Nifty has come near its weekly target of 8294, NSE Small Cap Index has come to its one month high 5933 above which next target is 6208. FII's are not participating in the buy rally which is not triggering a buy breakout in the market. Markets may see profit booking if International Markets does not give breakout in second hal

The intraday supports for the Nifty Bank index are placed around 17829 and 17615 - Angel Broking

Sensex (26643) / Nifty (8192)

Yesterday’s session was a replica of previous one as the index opened higher and then corrected in the initial hours. This was followed by a decent recovery in the second half to surpass the 8200 mark by a small margin. However, a minor profit booking in the concluding hour led to a close below this psychological lev

Markets to make a positive start on supportive global cues - LKP Sec

Domestic Market View 

Markets to make a positive start on supportive global cues

The Indian markets despite a slow start managed a positive close in last session as the banking stocks recovered their losses and traders digested the slow growth report of Core sector. Today, the start is likely to be in gre

Nifty scampers through to 8200, yet fails to hold it on closing basis - GEPL

Key Highlights:

* The NIFTY opened @ 8196.05 UP by around 16 points over Monday. In line with the somber note of Monday, NIFTY once again drifted to the LOWS of 8150 in opening hour. However the lack of momentum seems to have gone into worrisome preposition, as NIFTY smartly pushed back above the 8200 mark by noon. The second half was a damp sqib, as N

Nifty in a range - Sharekhan

Market on January 3, 2017: Resistance at 8220

The Nifty opened higher and ended the trading session on a positive note. It is trading in a channel and took support at the lower end of the channel, which is at 8150. It can re-test the upper channel if it sustains above 8220. There is a possibility that the Nifty is forming an ending triangle and a break

The year 2017 is going to be a year of build up of a new India - Systematix Shares & Stocks Ltd

“The year 2017 is going to be a year of build up of a new India.  We all know India as a country driven by its 'Consumers' and the Consumerism theme has clearly driven the corporate earnings and investors' flow into the equity markets. But with the sharp drop in cash levels in the system and in the hands of the common man, and an increase in digital transactions - we beli

Markets to see some recovery with a positive start - LKP Sec

Domestic Market View

Markets to see some recovery with a positive start

The Indian markets made a tepid start of the New Year and ended modestly lower in the last session, despite gaining momentum in second half of the trade. Today, the start is likely to be in green tailing the gains in some Asian peers; howe

Nifty scampers to hold positive territory on first day of 2017 - GEPL

Key Highlights:

* The NIFTY opened @ 8210.10 UP by around 25 points over the last day of calendar year 2016. The weekend announcements in policy decisions, especially in regards to the Finance sector propped UP the market, however the fervor was short-lived, as NIFTY created the day HIGH around the OPEN @ 8212. By 11 AM, it seemed the BEARS were in con

The Nifty Bank index are placed around 17829 and 17600 - Angel Broking

Sensex (26595) / Nifty (8180)

The opening session of the new calendar year started with a marginal upside gap, however, the lead was very short lived as we witnessed a sharp decline in first couple of hours. Post the midsession, we saw index resuming its last week’s optimism and as a result, the Nifty managed to recover its lost ground throughout

Nifty moved on expected lines on Monday and we feel it`ll remain so in near future - Religare Sec

Nifty Outlook

Markets settled almost flat today amid volatility, mainly pressurised by weakness in banking space. After initial uptick, profit taking at the higher level pushed the index lower; however, movement on stock specific front kept the traders busy. Cues were mixed on domestic front as some support came in with PM’s announcement on sever

Nifty pulls off a pull-back - Sharekhan

Market on January 2, 2017: Resistance at 8210

The Nifty opened higher and ended the trading session on a flat note. It is trading in a channel and took support at the lower end of the channel, which is at 8130. The upper end of the channel is at 8235, which is also the equality target of the move from 7893 to 8100. However, the Nifty should cross 8275

The Nifty is still short of all the 3 long term moving averages - GEPL

Observations:

1. As on 30.12.2016, the long term moving averages stand as below: 50 DMA @ 8247, 100 DMA @ 8478, 200 DMA @ 8261. Even after the 2.5% up-move on weekly basis, the NIFTY is still short of all the 3 long term moving averages. The death cross (50 DMA below 200 DMA) has been the characteristics of the last week of 2016.

2. On Friday

Nifty crosses onto 75% retracement of recent Fall on the back of year-end compulsions - GEPL

Key Highlights:

* The NIFTY opened @ 8119.65 marginally UP by around 15 points over the December EXPIRY closing. The merry mood on the back of propping of the NAV due to year-end compulsions saw little RESIATANCE from the BEARS as they seemed to enjoy their polar sleep. A spin off, the market moved in a classical higher top & higher bottom fashion

Markets to start new year and month on a mildly positive note - LKP Sec

Domestic Market View 

Markets to start New Year and month on a mildly positive note

The Indian markets snapped the month and the year on a high note, with benchmarks ending higher by around a percent. Today, the start of the New Year is likely to be in green and market will be getting some support with Pr

Nifty To Open Flat With Positive Sentiments Intact - Dynamic Levels

Indian Market Outlook:

Indian benchmark index Nifty is opening unchanged at 8175 and with major global markets closed for the day. Monthly PMI data along with auto sales will decide the trend of the markets.The last few days Nifty has reversed from level of 7915 and now the major resistance stands at 8278.

DII have been big buyers, negating s

The Nifty Bank index is positive - Angel Broking

Sensex (26626) / Nifty (8186)

It was a remarkable week for traders (especially bulls) as we not only saw respite after a decent corrective move but also a stupendous recovery after posting a low of 7893.80 on Monday. More importantly, this bounce back looked robust as we witnessed a strong buying interest across the broader market. Referring to our pre

Nifty looks stable now after this rebound and expected to inch higher - Religare Sec

Nifty Outlook

Jubilation continues as Nifty gained nearly a percent on final trading day of the calendar year, thanks to favourable domestic cues. After robust start, it inched steadily higher and almost tested 8200 level. FM's statement on positive impact of demonetisation on tax collection and easing of working capital lending norms to MSEs by th