Nifty Trekking higher- Sharekhan

Market on July 13, 2017

The Nifty opened gap up today & traded with bullish bias throughout the day. It fell just short of the 9900 mark. The sharp rally in the index is supported by expanding daily Bollinger Bands. The index has witnessed multiple extensions on the way up. Now 9900-9940 is a key area to watch out for. The index can take a pause ov

Markets will react to the TCS`s result in early trade - Religare Sec

Nifty Outlook

Nifty almost touched the 9900 mark today and gained over half a percent, continuing the prevailing uptrend. It opened gap up and gradually moved higher, thanks to favourable local cues and supportive global markets. Buying was witnessed across the board especially in the large cap segment while midcap and smallcap traded mixed.

The intraday supports for the Nifty Bank index are placed around 23545 and 23470 - Angel Broking

Sensex (31805) / Nifty (9816)

Barring some small correction in the midst of the day, the overall intraday activity was range bound with a positive bias. Although, we did not see any major price action in index, the stock specific action was so encouraging and as a result, the Nifty eventually managed to close almost at the highest point ever beyond th

Taking a stepping stone - Sharekhan

Market on July 12, 2017

The Nifty opened gap up today; hovered around 9800 & ultimately crossed the psychological mark of 9800 on closing basis. The index was contained within the last session’s trading range thus forming an inside bar. Overall wave structure is indicating extension on the upside. The index is heading towards north along with

Markets will react to the macroeconomic data in early trade - Religare Sec

Nifty Outlook

Nifty traded range bound but finally settled with decent gains, thanks to buying in select index majors. It opened with an uptick and remained range bound thereafter, indicating caution ahead of the macroeconomic data viz. IIP and CPI inflation. However, there was no shortage of trading opportunities on stock specific front and participan

We suggest continuing with the uptrend and avoid contrarian approach - Religare Sec

Nifty Outlook

Markets settled marginally higher in a volatile trade today, indicates profit taking at higher level. The sentiment was upbeat in the first half and Nifty scaled above 9800 mark, thanks to the firm global markets and further rebound in the IT majors. However, profit taking in the latter half trimmed intraday gains and pushed the Nifty bel

NIFTY hits an all time high once again as 9800 stands conquered. - GEPLCapital

Key Highlights:

NIFTY hits an all time high once again as 9800 stands conquered. Closes shade short of the mark even as profit booking comes to the FORE .….

* The NIFTY opened @ 9797.45, a GAP UP by around 25 points. The BULLS were UP in strength as they conquered 9800 in first hour itself. The effervescence was up &am

Testing higher territory - Sharekhan

Market on July 11, 2017

The Nifty opened gap up today & crossed the psychological mark of 9800. However it couldn’t sustain in the higher territory on closing basis. Nevertheless the index managed to post a positive daily close. On the downside, zone of 9710-9700, which earlier acted as a resistance, will now provide support to the index. In

NIFTY hits an all time high - GEPL

Key Highlights:

NIFTY hits an all time high, even as better part of the trading session is LOST to technical glitch.….  

* The NIFTY opened @ 9719.30, accompanied by one off mishap, wherein the NSE for the first time succumbed to a technical glitch as better part of the trading session was lost to a technical gli

Nifty is intact but finding trade at current level requires extra efforts - Religare Sec

Nifty Outlook

It’s been an exceptional day for the equity markets as the benchmarks gained nearly 1% despite technical glitch at the NSE. After making a new record high at opening trade, NSE reported some technical issue and trading halted in both cash and F&O segment, though it again resumed in latter part of the day. Mostly sectoral indices

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

Domestic Market View

Markets to make a cautious start on mixed global cues

The Indian markets despite the technical glitch at NSE which disrupted trade at the premier bourse for almost half of the day, managed to reach their highest levels in last session. Today, the start is likely to be a bit cautious on mi

The Nifty immediate support has now shifted towards 9700 - 9640 - Angel Broking

Sensex (31716) / Nifty (9771)

First half of the day was a complete chaos as trading halted in one of the major exchanges, National Stock Exchange (NSE) due to a technical glitch. The trading activity resumed higher in line with its peer exchange (BSE) and as a result, the Nifty registered yet another all time high way above the 9750 mark on a closing b

Nifty Bulls take control - Sharekhan

Market on July 10, 2017

The Nifty today managed to cross the key resistance zone of 9700-9710. In terms of wave structure this is a sign of wave extension on the upside. Also, as per Dow Theory, Nifty is forming higher tops higher bottoms, which is a bullish sign. Thus the multi month rally is far from over & can add few more legs on the upside. Th

Prices however twice during the week failed to cross the previous swing high - GEPL

Observations:

1. As on 07.7.2017, the long term moving averages stand as below: 50 DMA @ 9524, 100 DMA @ 9286, 200 DMA @ 8848. The NIFTY now trades above all the three averages, and each of the 3 averages are equi-spaced, indicating a good BASE for the long term.

2. On the Index Futures side, both the FIIs as well as RETAIL have reduced the

NIFTY once again falters from the immediate SUPPLY zone @ 9640-9720 - GEPL

Key Highlights:

NIFTY once again falters from the immediate SUPPLY zone @ 9640-9720. Broader markets show divergence.….

* The NIFTY opened @ 9670.35, marginally DOWN by 5 points over Thursday. The first hour saw NIFTY faltering DOWN below the 9650 mark, before a gradual pull back saw NIFTY moving above par by last hou

Scope for a retreat - Sharekhan

Market on July 07, 2017

The Nifty opened on a negative note today & remained subdued throughout the day. The index, in the last session, tested the key resistance of 9700, where it faced selling pressure. The zone of 9700- 9710 continues to put pressure on the index. Wave extension on the upside can be expected only if the hurdles are crossed on cl

Traders should limit their trades and focus on stock selection - Religare Sec

Nifty Outlook

Markets settled flat in a dull trading session today, in absence of any trigger. Initially, feeble global cues pushed the index lower but gradual buying in select index majors pared the losses. Mostly sectoral indices ended unchanged in line with the benchmark and the market breadth too ended on flat note.

Markets are now waitin