The near term support for the Nifty Bank index is placed in the range of 18980 – 18870 - Angel Broking

Sensex (27309) / Nifty (8435)

It’s been yet another day of consolidation for our markets. One thing seems remarkable, despite not so favorable global cues, our markets managed to hold their ground to end the session slightly in the positive territory.

Now, due to last couple of session’s price action, 8397 – 8370 has earned

Nifty traded dull for the sixth consecutive session and settled marginally higher - Religare Sec

Nifty Outlook

Nifty traded dull for the sixth consecutive session and settled marginally higher, in absence of any major trigger. Again, it was stock specific move which helped traders to some extent. On the other hand, mostly sectoral indices traded in line with the benchmark index and ended on flat note.

We reiterate our buy on dips approac

Dull Day - Sharekhan

Market on January 19 2017: Support at 8373

The Nifty opened flat but the trading session closed on a positive note. The index moved in a narrow range throughout the trading session. The bears have once again managed to defend the crucial resistance level of 8460. However, the index is in an uptrend as it continues to make higher tops & higher botto

Markets to make a flat-to-cautious start on mixed global cues - LKP Sec

Domestic Market View     

Markets to make a flat-to-cautious start on mixed global cues

The Indian markets lost all the early momentum and showed some volatility in the final leg of trade to end with modest gains only in the last session. Today, the start is likely to remain flat on mixed global

The Nifty once again managed to surpass the 8450 mark - Angel Broking

Sensex (27278) / Nifty (8417)

Our markets opened on an optimistic note owing to cheerful mood across the emerging markets after US Dollar Index slipping towards the 100 mark. The momentum accelerated in the opening hour and as a result, the Nifty once again managed to surpass the 8450 mark. However, the index failed to sustain at higher levels on yet a

Nifty fails to sustain at higher levels, even as it wallets around 8400 - GEPL

Key Highlights:

 The NIFTY opened @ 8403.85, marginally UP by around 5 points over Tuesday. The first hour saw NIFTY create fresh two & half month HIGH @ 8460. However just as it felt the breakout was IN, the BULLS ran out of steam. As the day progressed, the markets shed their weight, and drifted DOWN in negative territory momentarily around

Nifty is expected to remain high so traders should maintain extra caution in leveraged positions - Religare Sec

Nifty Outlook

Markets managed to settle marginally higher in a volatile trade, continuing its prevailing consolidation phase. After firm start, it tried inching higher in early trades but profit taking at the higher levels swiftly trimmed the intraday gains. In line with Nifty, mostly sectoral indices also settled marginally in green.

With ju

Tussle between bulls and bears - Sharekhan

Market on January 18 2017: Support at 8320

The Nifty opened higher and the trading session ended on a positive note. The index is in a consolidation mode. The bears have managed to defend the crucial resistance level of 8460. However, the index is in an uptrend as it continues to make higher tops & higher bottoms. Though the index is facing a selli

Markets to remain in cautious mood on mixed global cues - LKP Sec

Domestic Market View     

Markets to remain in cautious mood on mixed global cues

The Indian markets lost their initial momentum and ended with modest cuts in last session, led by the market heavyweight RIL whose GRM came lower than expected. Today, the start is likely to be soft to cautious on

The Nifty Bank index opened on a flat note and moved higher in initial hour of trade - Angel Broking

Sensex (27236) / Nifty (8398)

Yesterday’s session started on a flat note citing to mixed cues from the global peers. Subsequently, the Nifty managed to gain some strength in the opening hour, however, once again, the index failed to sustain at higher levels. A strong profit booking after posting a high of 8440.90 dragged the index lower and event

Nifty sees another listless day, even as it wallets around 8400 - GEPL

Key Highlights:

* The NIFTY opened @ 8415.05, marginally UP by around 2.25 points over Monday. The first hour saw a positive tick, however as the day progressed, the markets shed their weight, and started trading in the RED as NIFTY breached the 8400 levels in the second half without much trouble. Nonetheless the NIFTY largely remained listless, as it

We feel market will resume the upward bias shortly - Religare Sec

Nifty Outlook

Nifty continued to be directionless for the fourth day in a row and ended marginally lower, tracking mixed domestic cues. It made a positive start, in reaction to the news that GST could be implemented from July 1 of this year. However, it reversed those gains in no time, citing the latest IMF report wherein they have cut India's grow

Nifty in a consolidation mode - Sharekhan

Market on January 17 2017: Support at 8320

The Nifty opened marginally higher but the trading session ended on a negative note. The index is witnessing a consolidation after a sharp hike from the 7893 level. However, the index is in an uptrend and continues to make higher tops and higher bottoms. Also, the daily momentum indicator continues to remain i

The Nifty now trades above 50 & 200 DMA - GEPL

Observations:

1. As on 13.1.2017, the long term moving averages stand as below: 50 DMA @ 8179, 100 DMA @ 8441, 200 DMA @ 8296. The NIFTY now trades above 50 & 200 DMA, presently just a shade short of the 100 DMA. The markets hence seem to be interestingly poised.

2. On Friday, it was a breather day for the bulls as Nifty 50 ended with a m

The Nifty support is placed around 8,330 and then at 8,290 levels - Reliance Sec

MARKET SYNOPSIS

* Yesterday, NSE-NIFTY remained in momentum post initial decline, as the support levels of 8,380 continued to hold strong with broader market firm in midcaps and small caps , Nifty made a high of 8,427 mark during the day and finally, settled the session with gain of 12 points at 8,413 level.

*NSE Cash segment has reported tur

The Nifty Bank index had shown tremendous resilience in yesterday's session - Angel Broking

Sensex (27288) / Nifty (8413)

Trading for the week kicked off on a slightly weaker note owing to negative cues from the Asian bourses. Subsequently, the Nifty consolidated within a narrow range with a mildly negative bias for initial couple of hours. However, we saw strong buying emerging at lower levels (especially in banking conglomerates) and as a r

Nifty sees a listless day, even as it holds 8400 - GEPL

Key Highlights:

* The NIFTY opened @ 8390.95, marginally DOWN by around 10 points over last Friday. The first hour saw a bit of drag, as sparingly moved into the positive territory. However as the day progressed, the markets started trading in the GREEN as NIFY maintained the 8400 levels in the second half without much trouble. Nonetheless the NIFTY la

Indications are favourable for this trajectory to extend further - Religare Sec

Nifty Outlook

Nifty settled marginally higher in a volatile session today, mirroring the trend of the last few days. While it opened lower initially tracking weak Asian markets and perhaps some caution ahead of Reliance's results, but soon made a swift recovery thanks to rotational buying in select index majors. Banking, financial, auto and realty

Nifty near multiple-resistance zone - Sharekhan

Market on January 13 2017: Support at 8320

The Nifty opened lower, but the trading session ended on a positive note. The index has been facing a stiff resistance near a multiple resistance zone of 8400 – 8430. Moreover, 8460 – 8510 is the gap-zone. Also, the 20 Weekly Moving Average and 50% retracement of the fall from 8968 to 7893 is conve

Strong Resistance between 8460-8510; Support Seen at 8290 in Nifty - HDFC Sec

Technical Evidences

• Last week, Nifty gained 1.90%, rising for the third consecutive week. BankNifty outsmarted Nifty with big margin by rising more than 3.5% to close above 18900 mark.

• Earlier resistance of 8300 is now expected to act as a strong support for going forward in Nifty. BankNifty can be held long with the SL of 1865

The Nifty Bank immediate support for the index is placed at 18781 and 18600 levels - Angel

Sensex (27238) / Nifty (8400)

Last week, we saw Nifty struggling around the 8300 mark, in fact, the same thing was witnessed in the early part of the week gone by. However, similar to 8200, the index chose to surpass this hurdle with a strong gap up opening, which was a sign of strength. As a result, we saw strong follow up buying to test the expected

Nifty sees a bit of profit booking, even as 8400 holds - GEPL

Key Highlights:

* The NIFTY opened @ 8457.65, GAP-UP by around 50 points on the back of heavyweights INFY & TCS opening UP as an initial reaction to the RESULTS. However the depth was short lived as after creating the day HIGH in opening minutes of actual trade, NIFTY moved DOWN to the RED within half an hour. What followed was predominantly a SIDE