Markets to make positive start on firm global cues - LKP Sec

Domestic Market View

Markets to make positive start on firm global cues

The Indian markets despite a good start lost its momentum and ended with around half a percent of losses in last session mainly due to slump in IT stocks. Today the start is likely to be on a positive side amid firm global cues. Traders wi

The Nifty Bank index continuing its upmove in near term which could lead the index higher upto 18600 - Angel Broking

Sensex (26759) / Nifty (8244)

It’s been a week of consolidation for our market after seeing a spectacular recovery in the previous week posting a new tenmonth low of 7893.80. However, things were quite clear due to this remarkable rally that the Nifty has formed a base around 7900 and is now poised for a breakout beyond 8274.95. Very much on our

The 200 DMA @ 8270 provides the NIFTY with some jitters- GEPL Capital

Key Highlights: 

The 200 DMA @ 8270 provides the NIFTY with some jitters. Pre-defined RESISTANCE zone of 8250-8300 still provides with the RUB. Follow-up is the key.…

* The NIFTY opened @ 8281.85 marginally UP by around 8 points over Thursday. The first hour saw NIFTY having a take @ the 8300 mark, as NIFTY contin

We suggest keeping extra caution in stock selection - Religare Sec

Nifty Outlook

Nifty tested its crucial hurdle at 8300 today in early trades but managed to settle marginally lower due to profit taking at higher levels. Sentiment was upbeat in continuation to Thursday's trade and participation from the banking majors further fuelled the recovery. However, weak opening of the European markets and existence of hurd

Nifty futures traded with firm sentiments last week - Tradebulls Sec

Nifty Fut View

Nifty futures traded with firm sentiments last week tracking bearish USD/INR futures prices and buying support at lower levels from traders. It likely to trade with firm sentiments in current week as well on buying support at lower levels from traders. It witnessed buying sentiments but failed to hold the gains at higher levels before en

Nifty likely to trade with sideways sentiments and 8280 at higher - Tradebulls Sec

Nifty Spot View

Nifty traded with volatile sentiments in last session due profit booking at higher levels from traders. Next important resistance seen at 8320 level. Nifty likely to trade with sideways sentiments is today’s session on profit booking at higher levels from traders. Nifty likely to trade with sideways sentiments and 8280 at higher s

Bank Nifty continued its underperformance in the passing month and lost over 2.5% - Religare Sec

Outlook for Nifty 50

* Nifty ended marginally lower in the passing month, tracking mixed global cues and not so favorable domestic factors. After marginal bounce in the first week, it maintained its negative tone for most part of the month; however, recovery in final week of the calendar year significantly trimmed the losses. Finally, it settled at 818

The FMCG pack has performed well in past two weeks - Religare Sec

NIFTY OUTLOOK

* The domestic benchmark Nifty index concluded first week of the new year, 2017 on a positive note.

* In the up coming week, market participants will be eyeing at CPI and IIP figures, both these figures have reasonable economic impact and helps in assessing current economic situation.

* We have seen a perfect V-shape r

Nifty faces resistance at 38.2% retracement mark - Sharekhan

Market on January 6, 2017: Support at 8220

The Nifty opened higher but ended the trading session on a negative note. After giving a breakout, it has faced resistance at 8300 (Upper Bollinger Band and 38.2% retracement level). As mentioned last week, we saw a Bullish Engulfing pattern on the weekly chart, and a positive close this week has confirmed tha

Markets to extend gains with a mildly positive start - LKP Sec

Domestic Market View 

Markets to extend gains with a mildly positive start

The Indian markets went for a surprise rally in last session and the major benchmarks not only recovered their key psychological levels but posted decent gains of about a percent. Today, the start is likely to be in green and the t

The intraday supports for the Nifty Bank index are placed around 17975 and 17829 - Angel Broking

Sensex (26878) / Nifty (8274)

Looking at past three days selling pressure at 8200, opening above this level was the only option left to surpass this strong hurdle and we saw this yesterday as the Nifty convincingly opened higher. In fact the momentum was so strong, the index rallied higher to test the higher end of our given target zone 8229 - 8274. Th

Nifty has strong hurdle at 8300 and it has almost reached to that mark - Religare Sec

Nifty Outlook

Nifty ended its three-day long consolidation today and gained nearly a percent, thanks to favourable domestic cues and supportive global markets. On local front, traders took note of recent report showing 27% rise in FDI during the April-October period of the current fiscal compared to the of same period of last fiscal. Besides, upbeat gl

Nifty takes out previous swing high - Sharekhan

Market on January 5, 2017: Support at 8180

The Nifty opened higher and ended the trading session near the highs. It has given a breakout after consolidating at 8200 and is now poised for a move on the upside. Minimum it can go up to 8300-8320 levels. However, the Nifty is trading above its daily moving averages. After taking out the high of 8275, we ha

Nifty ushers in a listless “INSIDE” day, as Nifty once again scampers through to 8200 - GEPL

Key Highlights:

* The NIFTY opened @ 8202.65 UP by around 10 points over Tuesday. The index seemed quiet listless, as it ushered in a tight 48 point range all through the day thereby creating a classical “INSIDE day”. Without much change in the positioning the closed DOWN by a minor 1.75 pints or 0.02% @ 8190.50, a shade short of the 8200 m

The intraday supports for the Nifty Bank index are placed around 17829 and 17615 - Angel Broking

Sensex (26633) / Nifty (8191)

For the third consecutive session, we witnessed similar price action wherein the Nifty opened higher and then faced strong selling pressure at higher levels. Once again, the index failed to sustain above 8200; courtesy to weak banking conglomerates. However, as compared to previous two sessions, the overall range was quite

Nifty and Cash Segment remain Strong, Bank Nifty Struggling - Dynamic Levels

Indian Market Outlook:

Nifty to open strong on cues from international markets with S&P gaining momentum after the US FED released its minutes yesterday night. Small cap and midcap stocks are performing and Nifty is gradually heading towards its daily target of 8278, but Bank Nifty is struggling to go up. However, FII's are still not participat

We suggest maintaining a positive yet cautious stance on the index - Religare Sec

Nifty Outlook

Nifty continued to be directionless for the third day in a row and settled almost unchanged, in absence of any major trigger. However, there were many trading opportunities, thanks to stock specific movement. On the sectoral front, banking continued its underperformance and profit taking in the energy space added to the pressure.

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If Bank Nifty trade firm then it may test next resistance of 18200 levels - Tradebulls Sec

Nifty Spot View

Nifty traded with sideways sentiments in last session due profit booking at higher levels from traders. Next important resistance seen at 8280 level. Nifty likely to trade with sideways se􀅶ti􀅵e􀅶ts i􀅶 today’s sessio􀅶 on profit booking at higher levels from traders. Nifty likely to trade with sideways sentiments and 8

Tussle between bulls and bears - Sharekhan

Market on January 4, 2017: Resistance at 8220

The Nifty opened higher and ended the trading session on a flat note. The Index is currently stuck in a range, and a breakout above 8220 will take it to 8250-8300 while a break below 8150 will take it to 8130-8080. However, the Nifty is trading above its daily moving averages and should cross 8275 for furth

Next important resistance seen at 8280 level - Tradebulls Sec

Nifty Spot View

Nifty traded with sideways sentiments in last session due profit booking at higher levels from traders. Next important resistance seen at 8280 level. Nifty likely to trade with sideways sentiments is today’s session on profit booking at higher levels from traders. Nifty likely to trade with sideways sentiments and 8230 at higher s