The intraday supports for the Nifty Bank index are placed around 21680 and 21580 - Angel Broking

Sensex (29656) / Nifty (9218)

Finally, after few days of pain, the bulls had something to cheer for. The benchmark index opened slightly higher in-line with other Asian peers and then went on to give a vertical rally throughout the remaining part of the day to conclude the session almost at the highest point of the day with more than a percent gains.

NIFTY conquers 9200, as geo-political worries wane. Broader markets outperform once again at new all time HIGH - GPEL

Key Highlights:

NIFTY conquers 9200, as geo-political worries wane. Broader markets outperform once again at new all time HIGHs.…

* The NIFTY opened @ 9135.35, UP by around 16 points over last Friday. However with the geo-political worries waning a bit, the market seemed to cherish the RISK -OFF. A full GREEN day, the

Heading north - Sharekhan

Market on April 24, 2017

The Nifty opened gap-up today and traded with a positive bias throughout the day. On the way up, the Nifty crossed certain crucial swing highs as well as the 20DMA and posted a daily close above 9200. Channel study shows that the Nifty formed a base near the lower end of the reverse rising channel and leapt higher. Consequently

Today`s up move was in line with our view but the hurdle at 9300 in Nifty - Religare Sec

Nifty Outlook

Nifty made an exceptional start of the week and gained over a percent today, thanks to positive local cues and supportive global markets. Participants took note of latest statement from the FM that the Indian economy will grow at 7.5% in this fiscal in accordance to favourable macro-economic environment. Besides, firm global markets espec

Index is expected to remain in the range - Tradebulls Sec

NIFTY WEEKLY

On the weekly scale, ‘Break Away Gap’ followed by a cluster of narrow ranged bodies is evident & augurs well for consolidation

* Recent occurrence of a Spinning Top formation on the weekly scale compliments the ongoing consolidation

* Highest Put OI stands at 9000 followed by 9100 while the CE congestion

The intraday supports for the Nifty bank index are placed around 21400 and 21340 - Angel Broking

Sensex (29422) / Nifty (9119)

It was yet another week of consolidation for our markets which was quite evident after seeing some pause in the earlier week. At present, the Nifty is trading around its strong support of ‘5 EMA’ (9121) on weekly chart, which coincides with the ‘200 EMA’ (9102) on hourly chart. In addition, the &lsq

We reiterate our bullish yet cautious view and suggest continuing buy on dips approach - Religare Sec

Nifty Outlook

Nifty settled marginally lower amid volatility, tracking mixed local cues. Initially, it made a firm start but pressure at the higher levels especially in the banking pack pulled the index down. Mostly sectoral indices traded in line with benchmark and closed on flat note.

After the recent profit taking in the banking pack, trad

Battle continues between bulls and bears - Sharekhan

Market on April 21, 2017

The Nifty opened gap-up today but could not build upon the early gains. Soon after the opening, the Nifty faced selling pressure and the bears were seen tightening their grip on the proceedings as the day progressed. Nevertheless, the bulls rushed in to provide support to the Nifty, as it breached the 9100 mark. Structurally, t

Nifty traded volatile in the passing week - Religare Sec

NIFTY OUTLOOK

* Nifty traded volatile in the passing week and settled marginally lower, tracking mixed local and global cues.

* Mixed quarterly results on domestic front and lingering geo-political issue capped upside however rotational buying in select index majors helped Nifty to settle above 9100.

* In the coming week, some of la

The intraday support for the Nifty Bank index is placed in the range of 21396-21300 - Angel Broking Pvt Ltd

Sensex (29422) / Nifty (9136)

It's been a quiet day for our markets with a mildly positive bias. However, we witnessed a decent buying interest in the broader market and as a result, the Nifty eventually closed with four-tenth of a percent.

Clearly, Nifty has stuck in a range of 100 points, which we believe is a part of near term consolid

We suggest continuing buy on dips approach and keeping the leveraged positions hedged - Religare Sec

Nifty Outlook

Nifty closed marginally higher in a volatile session today in absence of any major trigger. After five days of fall, participants preferred to accumulate select index majors available at good bargain. Also, existence of support around 9100 mark added to the positivity. Amid all, it was a mixed session on the sectoral front while noticeabl

Nifty futures seen at 9180 levels while Support seen at 9110 levels - Tradebulls Sec

Nifty Spot View

Equity benchmark Index CNX Nifty extended gains in intraday session amid consolidation and buying support. Mixed global cues pressurized the sentiments. However, It managed to close in green. Momentum Indicator RSI for 14-day period is poised at 53.41 indicating neutral trend at current levels. Next crucial Resistance for Nifty futures

Bulls warming up - Sharekhan

Market on April 20, 2017

The Nifty opened on a positive note today and advanced to test its crucial hourly & daily moving averages. It has posted a positive daily close after five consecutive negative sessions. The hourly chart shows that the Nifty has formed an expanding triangle. The Index consolidated near the lower end of the pattern and the 78

The intraday supports for the Nifty Bank index is placed in the range of 21425-21397 - Angel Broking

Sensex (29337) / Nifty (9104)

Tuesday’s extremely volatile session was followed by relatively subdued action in the midst of a global uncertainty. The Nifty attempted to slide further in the penultimate hour; but a strong buying near lows pulled the index higher to close tad above the 9100 mark.

Yesterday’s close was slightly reli

The Bank Nifty higher side resistance still remains firm at 21900 levels while the 21480 - Tradebulls Sec

Nifty Spot View

Nifty started off the day on a negative note and traded volatile throughout the session. Bearish global cues pressurized the sentiments. It recovered well in last half an hour of the session and managed to close in green. Momentum Indicator RSI for 14-day period is poised at 49.86 indicating neutral trend at current levels. Next crucial

Nifty to stay firm and settle above 9100 - Religare Sec

Nifty Outlook

Markets witnessed a breather after yesterday’s fall and closed almost unchanged in a dull session. Participants were in the cautious mood from the beginning citing latest IMF report wherein they’ve trimmed India’s annual growth estimate for 2017. Besides, mixed global cues and possibility of follow-up selling also dampen

Approaching supports - Sharekhan

Market on April 19, 2017

The Nifty opened on a flat note today, traded in a narrow range throughout the day and ultimately posted a negative daily close. The hourly chart shows that the Nifty has formed an expanding triangle. The lower end of the pattern coincides with the 78.6% retracement of the recent rise where the Nifty was consolidating throughou