Nifty started off the day on a slightly negative note - Tradebulls Sec

Nifty Spot View

Nifty started off the day on a slightly negative note and traded in a narrow range throughout the session. Bearish global cues pressurized the sentiments. Momentum Indicator RSI for 14-day period is poised at 53.70 indicating sideways to bearish trend at current levels. Next crucial Resistance for Nifty futures seen at 9220 levels while

Nifty breaches below 9150, as gradual drift sees Nifty correcting to test the Support @ 912 - GEPL

Key Highlights:

* The NIFTY opened @ 9144.75, marginally DOWN by around 6 points over last Thursday. In fact the OPENING minutes of trade saw the NIFTY creating the day HIGH as NIFTY moved DOWN in an almost full RED day. The BEARS made it a point to test the SUPPORT @ 9120 mark, as NIFTY broke below the 2 week LOW in first hour of trade and once again

Keep a close watch - Sharekhan

Market on April 17, 2017

The Nifty opened on a negative note but found support near the 61.8% retracement of the recent rise, ie 9120. An attempt to rebound after that was restricted near 9160. Once the Nifty crosses the resistance zone of 9160-9180, we can expect the continuation of the larger uptrend. In terms of price pattern, the Nifty can form an

The Nifty now trades above all the three averages, and the 100 DMA - GEPL

Observations:

1. As on 13.4.2017, the NIFTY closed the truncated week, with a loss of 47.5 points or 0.5 % at 9150.80 .

2. The long term moving averages stand as below: 50 DMA @ 8975, 100 DMA @ 8600, 200 DMA @ 8590. The NIFTY now trades above all the three averages, and the 100 DMA has now given a positive crossover, back above the 200 DMA.

Bank Nifty to remain volatile & a breach of 21850 - Tradebulls Sec

Nifty Spot View

Nifty started off the day on a slightly negative note and traded with volatile sentiments throughout the session. Nifty spot extended the losses and settled below 9200 level. It settled below 9200 levels at the end indicates negative sentiments. Momentum Indicator RSI for 14-day period is poised at 54.68 indicating sideways to bearish t

We have reached closer to the immediate support of 9100 mark in Nifty - Religare Sec

Nifty Outlook

mainly in reaction to weak domestic cues. Disappointed by the muted Infosys results and weak macro-economic data, participants were in the profit taking mood from the beginning which further intensified as session progressed. Mostly sectors traded in tandem to the benchmark and ended in red wherein IT and metal were the top losers.

Vigilance warranted - Sharekhan

Market on April 13, 2017

The Nifty opened on a flat note today and traded with a downward bias. It has reached near the lower end of the 9180-9150 support range. On the hourly chart, the fall is appearing as a corrective one. In terms of price pattern, the Nifty seems to have formed a wedge on the hourly chart, whose implications are likely to be bulli

Nifty, after trading range bound for most part of the week - Religare Sec

NIFTY OUTLOOK

* Nifty, after trading range bound for most part of the week, ended lower and lost nearly half a percent and finally settled at 9150.80.

* Existence of major hurdle around 9300 mark combined with weak global cues and anxiety ahead of earnings season capped upside; however, buying interest was witnessed in select index major amid

Nifty could remain sideways & a breach of 9270 at higher levels - Tradebulls Sec

Nifty Spot View

Nifty started off the day on a slightly negative note and traded with volatile sentiments throughout the session. Nifty spot witnessed smart recovery from lower levels and settled around 9200 levels. Benchmark Index got support at lower levels tracking volatile USD/INR futures. It breached crucial support of 9200 and settled near the sa

The Nifty Bank index are placed in the range of 21422 - 21396 - Angel Broking

Sensex (29643) / Nifty (9203)

Once again, despite having unfavorable global cues, our markets opened on a flat note and it was clearly poised for an up move. But as everyone knows, market is not as easy as it looks. We witnessed a sudden nosedive in the market immediately post first 15 minutes of trade. The Nifty cracked nearly 80 points in a span of h

Markets will react to the IIP and CPI inflation data in early trade - Religare Sec

Nifty Outlook

Nifty fell nearly half a percent amid volatility, in continuation to its prevailing consolidation phase. It made a dismal start following weak global cues and remained volatile thereafter. Recovery in select index majors helped to recoup some losses in the middle but caution ahead of important macro economic data and Infosys result capped

Tough battle - Sharekhan

Market on April 12, 2017

The Nifty witnessed a tough battle between the bulls and the bears today, resulting in sharp moves in both the direction. On the way down, the Nifty tested the support zone of 9180-9150, which coincides with multiple support parameters. Till the bulls hold on to the support zone on a closing basis, the larger trend will remain

Nifty could remain sideways & a breach of 9295 at higher - Tradebulls Sec

Nifty Spot View

Nifty started off day on a slightly negative note but recovered immediately backed by strong buying support. Nifty spot witnessed firm trades throughout the session and ended on a positive note. Benchmark Index got support tracking bearish USD/INR futures for the day. It breached crucial resistance of 9250 and settled above the same. Mo

Nifty edged higher after two days of fall and gained over half a percent today - Religare Sec

Nifty Outlook

Nifty edged higher after two days of fall and gained over half a percent today. After opening on a flat note, it gradually gained momentum as the session progressed, mainly following favourable local cues. Noticeable buying was witnessed in select index majors wherein banking, realty and FMCG attracted maximum buying interest.

T

The intraday supports for the Nifty Bank index are placed around 21592 and 21422 - Angel Broking

Sensex (29788) / Nifty (9237)

Yesterday’s move has clearly separated our markets from rest of the world as we witnessed a flat opening despite nervous Asian bourses and then a strong intraday rally to regain the 9200 mark on a closing basis. This broad based rally was mainly led by the FMCG, Capital Goods, Realty and Financial stocks. At the end,

Bulls back in action - Sharekhan

Market on April 11, 2017

The Nifty opened on a flat note today, which was followed by a fresh round of buying. Consequently, the Index rallied and formed a bullish outside bar on the daily chart. The three-day fall had retraced 38.2% of the previous rise and looks to have ended at today’s low of 9172. Our channel study shows that the lower channe

Bullish potential intact - Sharekhan

Market on April 10, 2017

The Nifty opened on a positive note but couldn’t build on the early gains and tumbled to close below 9200. On the hourly chart, the fall has taken form of a corrective structure, which means that the larger trend remains positive. In terms of Fibonacci retracement, the Nifty has retraced 38.2% of the previous rise where i

Nifty drifts below 9200, even as broader markets outperform - GEPL

Key Highlights:

* The NIFTY opened @ 9225.6, UP by around 27 points over last Friday. However the selling pressure continued in the same pipe, where it was left on last week. With the HIGH created almost at OPEN, the NIFTY drifted down under to close near the day’s LOW at 9181.45 DOWN by 16-85 points or 0.18%.

* The broader indices on t

The intraday supports for the Nifty Bank index are placed around 21337 and 21200 - Angel Broking

Sensex (29576) / Nifty (9181)

It’s been a quite day for our market as we witnessed a gap up opening with a small margin followed by a gradual decline throughout the remaining part to end the session almost at the lowest point of the day tad below the 9200 mark. Although, the market remained under pressure right from the opening tick, no real dama

Nifty Outlook By Religare Sec

Nifty Outlook

Markets traded dull in absence of any fresh trigger and closed marginally lower. Participants restricted their activities only to handful of stocks, citing mixed global cues and caution ahead of the beginning of earning season. As a result, things remained lacklustre on sectoral front too and majority ended on flat note.

We expe

The Nifty closed the week, once again at a Weekly closing High - GEPL

Observations:

1. As on 07.4.2017, the NIFTY closed the week, once again at a WEEKLY closing HIGH of 9198.30, thereby giving a rise of 0.30% over the earlier week.

2. The long term moving averages stand as below: 50 DMA @ 8930, 100 DMA @ 8554, 200 DMA @ 8571. The NIFTY now trades above all the three averages, and the 100 DMA is now within quar