Nifty gives way as psychological 8000 mark stands taken out - GEPL

Key Highlights:

* The NIFTY opened @ 8043.85 DOWN by around 17 points over Wednesday. The fact that NIFTY had broken below the predefined SUPPORT level of 4 weeks in opening minutes, brought in the SELLING pressure. The NIFTY carried on with the drift all the way till the 7965 mark, by 1:30 PM; before languishing in a range for last 2 odd hours. Noneth

FII Heavy Sellers For December, Nifty Remains Under Pressure - Dynamic Levels

Indian Market Outlook:

The Indian Benchmark Index Nifty fell 92 points from its day high of 8066 and made a low of 7975. Volumes have shrinked already as the New Year holidays near in. FII continue to sell creating pressure in the Indian Bourses. The MSCI Emerging Markets Index too has given a breakout below its 4 week low and is clearly indicating a weakness i

The intraday supports for the Nifty Bank index are placed around 17730 and 17600 - Angel Broking

Sensex (25980) / Nifty (7979)

Yesterday’s session clearly caught us on the wrong foot as the gap down opening followed by a sharp correction below the 8000 mark was not at all expected for us. Due to the decline, the Nifty eventually closed with a cut of a percent.

Our recent strategy of going long with a stop loss below 8056 did not wo

Bears dominate - Sharekhan

Market on December 22, 2016: Resistance at 8046

The Nifty opened lower and ended the trading session on a negative note. The Index opened below the support level of 8055 and was drifting lower throughout the trading session. Minor rebounds were getting sold into, indicating that the bears are still in control. The Nifty has now resumed its downtrend an

Markets are drifting gradually lower with every passing day - Religare Sec

Nifty Outlook

Nifty settled marginally lower in a dull trading session on Wednesday, in absence of any major cue. After flat start, it hovered in a narrow range till late but slide in last one hour of the trade pushed it into negative territory. Mostly sectoral indices followed suit and closed on flat note.

Markets are drifting gradually lowe

The Nifty corrected sharply and moved out of the narrow intraday range to retest the swing low of 8056.85 - Angel Broking

Sensex (26242) / Nifty (8061)

The boredom continues in our market for the fifth consecutive session as the participation from strong hands seems missing towards the fag end of the calendar year. Having said that the concluding hour was not so encouraging for our market. The Nifty corr

Now, since the Nifty slipped tad below this important supp

Nifty To Remain Under Selling Pressure, FII Continue The Selling Spree - Dynamic Levels

Indian Market Outlook:

The Indian Benchmark Index Nifty yesterday fell 50 points from its day high of 8124 and made a low of 8073. Volumes have shrinked already as the New Year holidays near in. Moreover, there was a continued selling pressure in the cash markets yesterday. The Small cap index is a major indicator of the health of the cash market, the

Momentum lacking, NIFTY drifts lower to the 8050 mark. 4 week LOWS under threat - GEPL Capital Ltd

Key Highlights: 

*The NIFTY opened @ 8105.85 UP by around 23 points over Tuesday. The NIFTY carried on with its listless self and it seemed to trade the range of Tuesday with the HI/LOWS similar to Tuesday. The last half an hour saw some traction in favor of the BEARS as NIFTY created fresh 4 week intraday LOWS @ 8053.25. Without much intent, NIFT

Nifty interestingly poised - Sharekhan

Market on December 21, 2016: Resistance at 8156

The Nifty opened higher but ended the trading session on a negative note. It is trading in a downward sloping channel on the hourly chart and has closed near the lower end of the channel. The Index has multiple support levels around 8055. If the Nifty breaks and sustains below 8055, then a sharp decline t

Momentum lacking, Nifty drifts down below 8100 - GEPL

Key Highlights:

* The NIFTY opened @ 8110.60 UP by around 6 points over Monday. The HIGH was created during the opening minutes, but the business was totally LAX. The market traded absolutely sideways in a tight 60 point range all through, before closing @ 8082.40 DOWN by 21.95 points or 0.27%.

* The broader indices unlike Monday, underperfor

Nifty Might See Selling Pressure, FII Net Sellers, Selling Seen In Cash Market Yesterday - Dynamic Levels

Indian Market Outlook:

The Indian Benchmark Index Nifty yesterday fell 60 points from its day high of 8134 and made a low of 8072. Due to the upcoming holiday season there is a dearth of volume in cash and derivative markets. Moreover there was selling pressure in the cash markets yesterday, the Small Cap Index broke its important support level of 5770

We suggest limiting leveraged positions and wait for further clarity - Religare Sec

Nifty Outlook

Nifty remained under pressure on Tuesday and ended marginally lower, in continuation to prevailing trend. Initially, it opened on flat note but slide in rate sensitive pack viz. banking, auto and financial services changed the market tone and pushed it gradually lower as session progressed.

Every now and then reports are pouring

Nifty at lower end of the channel - Sharekhan

Market on December 20, 2016: Resistance at 8156

The Nifty opened higher but ended the trading session on a negative note. It is trading in a downward sloping channel on an hourly chart. It has managed to bounce back from the lower end of the channel as of now. Also, the Nifty has support around 8055. It can bounce back towards the higher end of the cha

Keep extra caution in Midcap and Smallcap space - Religare Sec

Nifty Outlook

Nifty inched further lower in a dull session on Monday, mirroring the last session's move. Feeble cues from the Asian markets triggered a weak start, which later followed by range bound trade till the end. Mostly sectoral indices fell in line with benchmark and ended negative; however, stocks within those sectors moved on both sides,

Momentum lacking but Nifty holds 8100 - GEPL

Key Highlights:

* The NIFTY opened @ 8126 DOWN by around 13 points over last Friday. The HIGH was created during the first hour, but the business was totally LAX. The market traded absolutely sideways in a tight 38 point range all through, before closing @ 8104.35 DOWN by 35.1 points or 0.43%.

* The broader indices unlike Friday, underperform

Nifty Future Continues To Trade In A Range Of 8294 To 8076 - Dynamic Levels

Indian Market Outlook:

The Indian Benchmark Index Nifty traded in a range of 34 points yesterday. After opening at 8132, the Index quickly made a high of 8148 and later slipped into a narrow range. During the second half of the days trade, the Index make a low of 8112 before closing at 8127. With New Year and Christmas round the corner, markets have al

Nifty sees a late sell-off - Sharekhan

Market on December 19, 2016: Resistance at 8200

The Nifty opened lower and ended the trading session on a negative note. It was trading sideways throughout the day but saw a sharp cut in the late trading session. We had been mentioning in the earlier reports that if the Nifty closes below the channel, then it is likely to drift lower towards 8055. Give

The Nifty again moved down and closed below the 200 DMA - GEPL

Observations:

1. As on 16.12.2016, the long term moving averages stand as below: 50 DMA @ 8369, 100 DMA @ 8534, 200 DMA @ 8222. The NIFTY again moved down and closed below the 200 DMA. However the 50 DMA still remains below the 100 DMA, which indicates overall pressure at higher levels.

2. A range bound session ended on Friday with loss of 14.15 poin

Nifty settled on flat note in a dull trading session on Friday - Religare Sec

Nifty Outlook

Nifty settled on flat note in a dull trading session on Friday, tracking mixed cues. Sentiments were downbeat from the beginning, in continuation to the Thursday's trade; however, movement on stock specific front kept the traders busy. Amid all, rotational buying in select index majors capped the downside in index and aided flat closi

Momentum lacking, Nifty drifts down below 8150 - GEPL

Key Highlights:

* The NIFTY opened @ 8178.20 UP by around 25 points over Thursday. The HIGH was created during the opening minutes, but the business was totally LAX. The market traded absolutely sideways in a tight 50 point range all through, before closing @ 8139.45 DOWN by 14.15 points or 0.17%.

* The broader indices unlike Thursday, underp