Bulls get some respite - Sharekhan

Market on November 22, 2016: Resistance at 8128

The Nifty opened gap-up and ended the trading session on a positive note. The Index dipped in the first half of the trading session but saw a sharp recovery in late trade. It has possibly completed a ‘5-wave’ decline and is seeing some pull-back. The 38.2% and 50% retracement levels of the fal

Nifty Pullbacks from 7925-7935 Levels, Strong Buying Seen In Mid Caps - Dynamic Levels

The Indian Benchmark Nifty witnessed a pullback from its support of 7930-7950, as markets were oversold. Global cues were positive with the S&P Index trading above 2200 for the first time. Bank Nifty closed above 18550 and NSE Small Cap Index saw buying from 2:10 pm even as it moved from 5410 to 5512. Top movers today were Hindalco, ZEEL, Bajaj Auto, Maruti and Ultracemco.

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Nifty Closes near the Brexit lows - GEPL

Key Highlights:

* The NIFTY opened around the 8102.10 mark, marginally UP by around 28 points over last Friday. The positive opening was a mere eyewash, as NIFTY went DOWN to the RED within first 5 minutes of actual trading and had breached below the psychological 8000 mark within first hour of trade. The BULLS seemed to have given up, as there was no

NIFTY Touches Brexit Low of 7925, Down 700 Points In the November Series - Dynamic Levels

Indian Market Outlook:

Indian benchmark Index Nifty crumbled below 8050 to touch 7920 which was the panic low made on the Brexit day. Minor reversal can be expected from this level as Nifty is in the oversold zone and has touched an important monthly support. However, the overall trend is sell and with FII still being sellers and US interest rates expe

Nifty inched gradually lower and breached its crucial support mark of 8000 - Religare Sec

Nifty Outlook

The prevailing chaos around demonetisation issue pushed the markets lower on Monday as well, unsettling the participants on first day of expiry week itself. After flat start, Nifty inched gradually lower and breached its crucial support mark of 8000, tracking decline across the board. Banking, after two weeks of consolidation, also gave i

The intraday supports for the index are placed around 18270 and 18145 - Angel Broking

Sensex (25765) / Nifty (7929)

The opening session of the week was literally a nightmare for momentum traders holding long positions as the index opened tad higher and then corrected quite sharply throughout the session to post lowest closing since May 24, 2016. In the process, the Nifty ended the brutal day with a cut of 1.80% over its previous close.<

Bears have an upper hand - Sharekhan

Market on November 21 2016: Resistance at 7992

The Nifty opened marginally higher but ended the trading session with a deep cut. The Index broke down below the important support level of 8000 and saw a sharp selloff thereafter. Any minor rally met with selling pressure, suggesting that the momentum is with the bears for the moment. The zone of 8000 wil

The Nifty had broken below crucial support levels @ 8300 - GEPL

Observations:

1. As on 18.11.2016, the long term moving averages stand as below: 50 DMA @ 8630, 100 DMA @ 8583, 200 DMA @ 8137. The NIFTY is now trading below all the 3 longer term moving averages, though technically all 3 averages are still positively aligned.

2. A subdued Friday session ended with a minor loss of 5.85 points or 0.07% at 807

Market has a listless stroll on Street, as it fails to sustain at higher levels - GEPL

Key Highlights:

* The NIFTY opened around the 8097.55 mark, marginally UP by around 17 points over Thursday. The market showed little resilience in the first half, as NIFTY had a brief touch around the 8050 mark in the first one hour. However some short covering ensued and NIFTY rose upto 8128.95. Once again it failed to sustain the levels, as selling

Nifty to See Increased Selling Pressure as It Hovers Near 8040-8070 Support - Dynamic Levels

Indian Market Outlook:

Indian Benchmark Index Nifty had a negative last week which was the result of a combination of local and Global factors. The local being, currency notes reforms initiated by the government which is bringing in temporary pain to the economy and thereby affecting sentiments. International markets are polarized between developed and

The index to bounce on the upside towards 8280 – 8400 levels - Angel Broking

Sensex (26150) / Nifty (8074)

The Nifty opened with marginal upside gap on Friday and traded in a narrow range in first half of the session. However, we witnessed some positive momentum in the later half; but, the up move was sold off quickly and eventually the index ended the session with loss of 0.07 percent.

At this juncture, although the

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

Nifty Outlook

Nifty settled on flat note in a volatile trading session on Friday, citing mixed domestic and global cues. In line with global counterparts, sentiments were downbeat from the beginning, mainly in reaction to the US Fed Chair's latest statement, which strengthened possibility of rate hike in December. Also, further decline in rupee aga

Sell off continues on demonetization worries, FII Selling and US Interest Rate Hike expectation - Dynamic Levels

Indian Market Outlook:

FII created alarming sell position of 6221.11 cr in cash segment for this week. The benchmark Index Nifty fell 2.52% this week, the Index opened at 8279 on Tuesday and closed at 8070 yesterday, making a new weekly low of 8055 (8040 was wrong tick).

FII's have been selling since the month of October above Rs. 18784

Bears say happy weekend - Sharekhan

Market on November 18, 2016: Resistance at 8200

The Nifty opened marginally higher but ended the trading session on a negative note. The Index is still possibly in the process of making an Ending Diagonal. As mentioned in the earlier report, the Nifty is expected to remain sideways if it is making an Ending Diagonal pattern. Once it completes an Ending

Nifty Closes at 8070 with Selling Pressure - Dynamic Levels

The Indian Benchmark Nifty opened flat at 8097 this morning after which it went down to make a low of 8056 in the first half in hour of the trade. Nifty showed ample weakness but still went on to make a high of 8139 during the day's trade and could not sustain and closed at 8070. NSE Small Cap also opened flat at 5626 and closed at 5661 after a choppy session. The top losers of the day were

Markets to make a cautious start, may strengthen in latter trade - LKP Sec

Domestic Market View

Markets to make a cautious start, may strengthen in latter trade

The Indian markets extended their consolidation mood in last session and once again ended marginally in red with Nifty slipping below the crucial 8100 level. Today, the start is likely to remain cautious amid mixed global cue

Market fails to sustain at higher levels, as Selling pressure comes to the fore - GEPL

Key Highlights:

* The NIFTY opened around the 8105.10 mark, marginally down by around 5 points over Wednesday. The market showed some initial resilience, as NIFTY had a brief touch around the 8150 mark in the first one hour. However it failed to sustain the levels, as selling pressure intensified. What ensued was a systemic LOWER TOP & LOWER BOTTOM

Nifty at Critical 8076 Support, Dollar Index at 12 Year High - Dynamic Levels

Indian Market Outlook:

The Indian Benchmark Index Nifty saw a continued selling yesterday where it fell by 128 points from its day's high of 8168 to 8040, to finally close at 8100, just below its previous day's low of 8095. FIIs continue their selling spree with a total sell worth Rs. 9616 in last 6 trading sessions. Small Cap too was under pre

The existence of support at 8000 strengthens our case for consolidation in near future - Religare Sec

Nifty Outlook

Markets traded dull on Thursday and ended marginally lower, in absence of any major trigger. After the initial uptick, Nifty inched gradually lower as the session progressed and settled around the day's low. Mainly, looming uncertainty over the impact of demonetisation on economy and stalled parliament kept the participants at bay. In

Nifty continues to drift lower - Sharekhan

Market on November 17, 2016: Resistance at 8200

The Nifty opened lower and ended the trading session on a negative note. The fall from the high of 8598 is a ‘5- wave’ decline. The Index is possibly in the last wave of decline, wherein it is forming an Ending Diagonal pattern. Once the Nifty is done with the ‘5-wave’ decline, som