Bulls pull out some profit ahead of budget - Sharekhan

Market on January 31, 2017: Crucial intraday support @ 8501

The Nifty opened today in the negative territory, ie below the swing low of the “Harami Cross” candlestick pattern that was formed on Monday, and as per our anticipation it did fall. Our intraday targets were 8591 and 8540, and the initially target was achieved. However, it fell sh

We feel it might continue tomorrow as well but with a positive tone - Religare Sec

Nifty Outlook

Markets settled almost flat in a dull trading session today, mirroring global counterparts. Initially, it was the fear of recent immigration curbs from the US which spooked the markets across the globe, including ours. Also, participants preferred to book some profit after the recent surge, safeguarding their investments ahead of Union Bu

Markets to make a cautious start ahead of Economic Survey - LKP Sec

Domestic Market View     

Markets to make a cautious start ahead of Economic Survey

The Indian markets after a choppy trade ended modestly in red in last session. Today, the start is likely to remain cautious amid weak global cues and all eyes will be on the release of Economic Survey 2017-18, w

Nifty wallets around the 8650 mark -GEPL

Key Highlights:

* The NIFTY opened @ 8635.5, marginally DOWN by around 6 points over last Friday. The NIFTY remained in a tight consolidation zone right from the word GO; walleting around the 8650 mark all through the day. Moving on either side of the par level, NIFTY moved in a tight 45 point range; before closing little changed @ 8632.75 DOWN by 8.5

The near term supports for the Nifty Bank index are placed around 19405 and 19275 - Angel Broking

Sensex (27850) / Nifty (8633)

A stupendous rally in the week gone by was followed by a soft opening in our market despite not so favorable global cues. Subsequently, the index remained in a narrow range throughout the remaining part of the session to conclude with negligible losses.

Yesterday’s lethargic move was quite evident after wit

Bulls take a breather - Sharekhan

Market on January 30, 2017: Nifty forms Harami cross

The Nifty opened mildly lower and traded within a short range for the entire day. It finally closed forming a Doji. Now, since this Doji has closed within the prior body, it is termed as ‘harami cross’ candlestick pattern. So, the swing high and swing low of the same become very important

The Nifty now trades above all the three averages - GEPL

Observations:

1. As on 27.1.2017, the long term moving averages stand as below: 50 DMA @ 8211.30, 100 DMA @ 8420, 200 DMA @ 8337. The NIFTY now trades above all the three averages, though 50 DMA still trades a shade short of the 200 DMA. The markets hence seem to be interestingly poised.

2. Bulls were on roll as Nifty 50 ended the Friday ses

We suggest traders to book some profits and keep the leveraged positions hedged - Religare Sec

Nifty Outlook

Nifty gained nearly half a percent today and settled closer to 8650, continuing its jubilation for fourth consecutive session. After a firm start, it traded in a narrow range; however, there was no shortage of trading opportunities on stock specific front. Among sectoral pack, banking and financials gained maximum.

After this ru

Nifty maintains the Bull momentum - GEPL

Key Highlights:

* The NIFTY opened @ 8610.5, UP by around 8 points over Wednesday, after a day’s gap. Very similar to last two trading days, the market created the day’s LOW within minutes of the opening of actual trade and once again we have had a full GREEN day. It seemed the NIFTY carried forward from where it left on expiry day, taking

The near term supports for the Nifty Bank index are placed around 19530 and 19400 - Angel Broking

Sensex (27882) / Nifty (8641)

It was a remarkable week for the traders as the Nifty index posted gains on all the four trading sessions of the truncated week. The robust market breadth indicates broad market participation with all the sectoral indices ending the week in positive territory.

Technically, we witnessed a positive crossover of &ls

Bulls stay strong ahead of Budget week - Sharekhan

Market on January 27, 2017: Support @ 8520

The Nifty opened gap-up in today’s trading session and thus achieved our short-term target of 8654. Now, the positional traders in the short term are advised to buy on dips around 8630-8600, with a positional stop loss of 8520 for the extended target of 8741 on the upside, which is 78.6% retracement of t

The Nifty Infra index edged higher and gained over 3% - Religare Sec

NIFTY OUTLOOK

* The equity benchmark, Nifty index, traded with positive bias in the passing week and gained nearly 3.5% percent.

* In the coming week, the Union Budget, which is scheduled on 1st February, holds the key. Further, state elections and global cues will also influence the market in between.

* We advise traders to partial

Nifty puts up a stellar performance on Expiry - GEPL

Key Highlights:

* The NIFTY opened @ 8499.45, UP by around 24 points over Tuesday. Very similar to Tuesday’s white Marubozu, the market created the day’s LOW within minutes of the opening of actual trade and once again we had a full GREEN day. The expiry traction was too hot for the BEARS and they caved in from 2 PM onwards as the BULLS wer

The near term supports for the Nifty Bank index are placed around 19275 and 19055 - Angel Broking

Sensex (27708) / Nifty (8603)

It’s been a remarkable day for our markets; in fact, we should say last three days, as the Nifty eventually reached the 8600 mark in a blink of an eye. We saw a gap up opening on Wednesday around 8500 and the market then just took off right from the word go. A good broad based rally ended the cheerful session tad abo

The recent surge in market is the clear indication of optimism ahead of the Union Budget - Religare Sec

Nifty Outlook

The F&O expiry day turned out to be an exceptional session for the participants as Nifty gained nearly one and half percent and closed around the day's high. Sentiment was upbeat from the beginning, buoyant by the recent talk between the US President and the PM to strengthen economic ties. However, better than expected corporate e

Bulls above pre-demonetisation high - Sharekhan

Market on January 25, 2017: Support at 8440

The Nifty opened gap-up in today’s session, as it has managed to pierce into the bearish island territory. It had achieved all our upside targets on intraday basis, ie 8520 and 8580. Now, on the upside, the immediate Nifty target comes to 8654, which needs to be cleared in order to inch higher towards o

Nifty forms a white Marubozu candle as a follow-up to the Piercing Line - GEPL

Key Highlights:

* The NIFTY opened @ 8407.05, UP by around 18 points over Monday. The market created the day’s LOW within minutes of the opening of actual trade and that in a way indicated that we had a full GREEN day after many days. The day’s candle has a long white body and is formed with the open almost equal to the low and the close eq

The near term supports for the Nifty bank index are placed around 18900 and 18820 - Angel Broking

Sensex (27376) / Nifty (8476)

Monday’s decent recovery was followed by a gap up opening in our market taking cues from slightly cheerful Emerging markets after US Dollar index inching closer to the 100 mark. In fact, the momentum accelerated as the day progressed and in the course of action, we saw Nifty even surpassing a recent high of 8461.05 c

Markets to get a strong start of the F&O expiry session - LKP Sec

Domestic Market View

Markets to get a strong start of the F&O expiry session

The Indian markets gradually gaining pace posted decent gains in last session on supportive global cues. Today, the start of the F&O series expiry session is likely to be in green tailing strong cues from other global market

Bulls enter the Island - Sharekhan

Market on January 24 2017: Support at 8398

The Nifty opened in the opened in the positive territory and continued to trade in the positive territory throughout the day. We had mentioned in yesterday’s report that the intraday traders can buy above 8418 levels for the target of 8457-8461 levels which turned out quite well, however, the positional