The near-term supports for the index are placed around 20915 and 20740 - Angel Broking

Sensex (29443) / Nifty (9087)

It was a historical day for Indian markets as our benchmark index opened with a humongous upside gap cheering to BJP’s thumping victory in UP assembly elections and then went on to register a record high of 9122.75 on Nifty. Although, we witnessed a mild profit taking at higher levels, traders should get encouraged b

Vaulting higher - Sharekhan

Market on March 14, 2017: Support @ 9060

The Nifty witnessed a sharp move today, with the 20DMA acting as a springboard for the benchmark index. Consequently, the multi-week consolidation ultimately broke out on the upside with a breakaway gap in today’s session. The Nifty crossed the all-time high of 9119 and registered a new all-time high of 91

Nifty is likely to break out on the upside after two weeks of consolidation and surpass its earlier record high - Reliance Sec

Technical Research

MARKET SYNOPSIS

* On Friday, NSE-NIFTY failed to surpass key psychological level-9,000 despite positive domestic cues, where weakness in key frontline counters dragged index down to sub 8,900 mark. Later, with the help of corresponding bounce back NIFTY managed to recover the damages and fin

Nifty likely to trade with sideways sentiments and 8880 at lower - Tradebulls Sec

Nifty Spot View

Nifty traded with mix sentiments in last session due to profit booking at higher levels from traders. However, it recovered well from lower levels in second half of the session. Next important support seen at 8830 level. Nifty likely to trade with sideways sentiments in today’s session on profit booking at higher levels from trade

It witnessed good buying support at lower levels from traders - Tradebulls Sec

Nifty Fut View

Nifty futures traded with volatile sentiments last week tracking selling pressure in USD/INR futures prices and profit booking at higher levels from traders. It likely to trade with volatile sentiments in current week as well on profit booking at higher levels from traders. It witnessed good buying support at lower levels from traders la

Markets will react to the states election outcome and IIP data in early trade - Religare Sec

Nifty Outlook

Nifty closed flat for yet another volatile session as participants remained on side-lines and prefer to wait for elections results. It made a firm start, taking cues from the several exit polls, indicating BJP’s edge over others in four out of five states. But, it soon fizzled out as profit taking at higher levels pushed the index l

The Nifty Bank index is placed in the range of 20534 - 20420 - Angel Broking

Sensex (28946) / Nifty (8935)

It’s been a second consecutive week of consolidation for our market, which was quite evident after reaching a psychological figure of 9000 and most importantly ahead of UP assembly election results. In fact, this has been the smallest weekly range in last couple of years. Looking at the decent profit taking around th

Pressure persists - Sharekhan

Market on March 10, 2017: Support @ 8900

The Nifty opened gap-up today and attempted to move higher. On the way up, it crossed a falling trendline from the swing highs but faced resistance near the upper end of the reverse falling channel. Consequently, the Nifty continued to trade in a rangebound manner for one more day. Nevertheless, the larger pictu

Nifty hovered in a narrow range for the entire week - Religare Sec

NIFTY OUTLOOK

* Nifty hovered in a narrow range for the entire week and settled marginally in green, citing caution ahead of the states election results. Amid all, rotational buying in select index majors helped index to sustain at higher levels.

* Next week, markets will initially react to the outcome of state election results and IIP data.

NIFTY closes flat ahead of UP Exit Poll Results - GEPL

Key Highlights:

NIFTY closes flat ahead of UP Exit Poll Results. Markets wallet in classical “SQUEEZE” as triggers eyed to provide the break

* The NIFTY opened @ 8914.50, marginally DOWN by around 10 points over Wednesday. A bit of reverse from Wednesday, the market firstly hit the day’s LOW within first hou

Nifty traded with mix sentiments in last session due to profit booking at higher levels - Tradebulls Sec

Nifty Spot View

Nifty traded with mix sentiments in last session due to profit booking at higher levels from traders. However, it recovered well from lower levels in second half of the session. Next important support seen at 8830 level. Nifty likely to trade with sidewayssentiments in today’s session on profit booking at higher levels from traders. Nifty

The intraday support for the Nifty Bank index is placed in the range of 20470 -20420 - Angel

Sensex (28929) / Nifty (8927)

Once again, we witnessed a nervous start to the trading day as most of the emerging markets seemed worried about the US Dollar index surpassing the 102 mark. However, our markets completely shrugged off this development and remained within a tight range of nearly 47 points throughout the day to end the session with negligi

We reiterate our advice to focus on position management and avoid taking unnecessary risk - Religare Sec

Nifty Outlook

Nifty settled almost unchanged in a dull session today, mirroring the previous day’s move. Traders really had a tough time as mostly sectoral indices traded in line with benchmark and failed to see any directional move.

Nifty has been hovering in a narrow range for last two weeks as participants are keenly awaiting the sta

Bulls warming up - Sharekhan

Market on March 09, 2017: Support @ 8900

The Nifty opened marginally negative and declined towards 8900 and the hourly lower Bollinger Band. Once again, near those levels, the bulls rushed in to provide support to the Nifty. Consequently, it recovered and closed in the positive territory. In terms of bar patterns, the Nifty has formed a bullish inside

The Nifty now trades above all the three averages - GEPL

Observations:

1. As on 03.3.2017, the long term moving averages stand as below: 50 DMA @ 8543, 100 DMA @ 8430, 200 DMA @ 8454. The NIFTY now trades above all the three averages, and the 100 DMA is now very close to a positive crossover above the 200 DMA.

2. A narrow range session both on daily as well as weekly timeframes, ended with a minor

Nifty traded with mix sentiments in last session due to profit booking at higher levels - Tradebulls Sec

Nifty Spot View

Nifty traded with mix sentiments in last session due to profit booking at higher levels from traders. Next important support seen at 8830 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 8880 a

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

Sensex (28902) / Nifty (8924)

Our benchmark index began the trading on a flat note owing to quiet global cues. Subsequently, a range bound initial hour was followed by a sharp corrective move to drag the index tad below the 8900 mark. However, once again, the hourly ’89 EMA’ provided a rock solid support for the market and as a result, the

Markets to extend the somberness with a soft start - LKP Sec

Domestic Market View     

Markets to extend the somberness with a soft start

The Indian markets ended lower for a second consecutive day in last session, as market participants remained cautious ahead of state elections results and a US Federal Reserve policy meeting next week. Today, the start

Keep a close watch - Sharekhan

Market on March 08, 2017: Support @ 8900

The Nifty opened marginally positive but slipped towards 8900 and the hourly lower Bollinger Band in the first half of the session. Near those levels, the bulls rushed in to provide support to the Index. Consequently, it recovered to some extent and closed near the key hourly Moving Averages. As per the Elliott

We expect choppiness to continue ahead as well and suggest traders - Religare Sec

Nifty Outlook

Nifty traded volatile on expected lines today and settled marginally lower in the end. Participants were in profit taking mood from the beginning which trigger sharp plunge in the middle. However, rotational buying in select index majors not only capped downside but also helped index to recoup intraday losses as the session progressed.

The near-term supports for the Nifty Bank index are placed around 20464 and 20396 - Angel

Sensex (29000) / Nifty (8947)

A decent intraday rally on Monday was followed by a gap up opening with a small margin citing favorable global cues. However, similar to last Thursday, we witnessed a strong selling pressure right from the opening trade, leading to almost ‘Open High’ kind of situation for the market. Due to a gradual decline wi