Nifty has an immediate resistance at 5,850 and on a decisive close above expect rise to 5,920 levels.

Market Review:

Indian equities ended higher on Wednesday tracking global markets led by gains seen in realty, capital goods and metal stocks. At the close, the benchmark 30-share index, BSE Sensex gained 109.44 points or 0.57% at 19,252.61 with 18 components posting rise. Meanwhile, the broad based NSE Nifty climbed by 34.35 points or 0.59% at 5,818.60 with 32 com

On an intra-day basis Nifty has a support at 5750

NIFTY (5784.25, UP 85.75)

After opening on a subdued note, the Nifty continuously rose to make an intra-day high of 5790.10 yesterday. At the end of day it closed at  5784.25. It had a net gain of 85.75 points or 1.50% over the previous day’s close. The buying was witnessed across the board. However, Realty, Metal, Banking, Auto and Oil & gas stocks

After closing above 5780, the strong resistance is at 5860

Key Highlights

• Nifty Futures closed at 5803 which is 86 points higher than its previous close of 5717.

• After a consistent downtrend, a bounce back in Nifty Futures was seen with a close near 5800 levels.

• A double bottom formation near 5675 helped Nifty Futures to look upwards and the gain of 130 points is observed in last

Nifty has an immediate resistance at 5,810 and on a decisive close above expect rise to 5,850 levels.

Market Review:

Indian equities settled lower on Monday led by losses seen in metal, realty and consumer durables stocks.

At the close, the benchmark 30-share index, BSE Sensex lost 40 points or 0.21% at 18,877.96 with 19 components posting drop. Meanwhile, the broad based NSE Nifty fell by 21.20 points or 0.37% at 5,698.50 with 39 components posting dro

5740 5780: Strong Resistance Zone for Nifty Futures

Key Highlights

• Nifty Futures closed at 5717 which is 13 points lower than its previous  close of 5730.

• Nifty Futures formed intraday bottom at 5678 but managed to close above 5700 mark.

• The trend is still in the downward direction and the zone of 5740 – 5780 is likely to provide strong resistance.

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On an intra-day basis Nifty has a support at 5650

NIFTY (5698.50, DOWN 21.20)

After opening on a subdued note, the Nifty rose to make an intra-day high of 5712.00 and then it continuously fell to make a low of 5663.60 yesterday. At the end of day Nifty closed at 5698.50. It had a net loss of 21.20 points or 0.37% over the previous day’s close. On the sectoral front, selling pressure was seen in Realty, Capi

Nifty has an immediate resistance at 5,740 and on a decisive close above expect rise to 5,830 levels.

Market Review:

Indian equities settled lower on Monday led by losses seen in metal, realty and consumer durables stocks. 

At the close, the benchmark 30-share index, BSE Sensex lost 40 points or 0.21% at 18,877.96 with 19 components posting drop. Meanwhile, the broad based NSE Nifty fell by 21.20 points or 0.37% at 5,698.50 with 39 components posti

Nifty Futures heading towards 5600

Key Highlights

• Nifty Futures closed at 5730 which is just 1 point above than its previous close of 5729.

• Nifty Futures traded in narrow range of around 54 points between 5757 and 5703 and closed above 5700 mark.

• A 200 days EMA near 5666 is currently providing support to Nifty Futures but the bearish trend is likely to pus

Nifty has an immediate support at 5,670 and on a decisive close above below expect rise to 5,620 levels..

Market Review:

Indian equity markets settled sharply lower for the fifth consecutive week as investors expressed broad disappointment over the budget. Indices fell below three month low. On the other hand, weak global cues also dampened the market sentiment. Overall, budget failed to cheer market participants. Realty, PSU and Oil & gas were the major laggards

Nifty likely To Hold 5540. - Microsec Ltd.

After starting with a red session, the NSE-50 share index, benchmark Nifty continuously fell to make a weekly low of 5679.90 on Friday. At last it ended the week with a net loss of 2.23%. On the sectoral front, some buying interest was seen in IT and Consumer durable stocks. However, huge selling pressure was witnessed in Realty, Oil & gas, Metal, Banking and PSU stocks. Now, Nifty is ex

For The Coming Week, the Indian Markets are Likely to See Some Recovery - Mansukh Securities Ltd

For The Up Coming Week, the Indian Markets are Likely to See Some Recovery as the Budget a matter of the past, traders will be analyzing the various impacts of budget proposals and will proceed accordingly after the carnage witnessed in the Budget  week. Investors would also out for the HSBC Services PMI slated to be announced on March 5. Auto stock too will rema in the limelight after

Close of S&P CNX Nifty below 5700

Key Highlights

• S&P CNX Nifty closed at 5693 which is 104 points lower than its previous close of 5797.

• Nifty formed intraday high at 5850 but lost 178 points forming intraday low at 5671.

• A long bearish candle on daily chart is suggesting continuation of the downtrend with an initial target of 5650.

Nifty has an immediate support at 5,680 and on a decisive close above below expect rise to 5,620 levels.

Market Review:

Indian markets give thumbs down to Chidambaram's Union Budget as it ignored major expectations from the streets. The market fell sharply with highest ever turnover of Rs 4,300 billion. At the close, the benchmark 30-share index, BSE Sensex lost 290.87 points or 1.52% at 18,861.54 with 25 components registering drop. Meanwhile, the broad based NS

5850 5900: Strong Resistance for Nifty Futures

Key Highlights

• Nifty Futures closed at 5798 which is 31 points higher than its previous close of 5767.

• Nifty Futures currently maintaining the bottom of 5750 but still in a bearish trend.

• The breach and sustaining below 5750 will push Nifty Futures towards 5665 which is 200 Days EMA.

• The lower top &ndash

Nifty has an immediate resistance at 5,830 and on a decisive close above below expect rise to 5,920 levels.

Market Review:

Indian equities extended gains after the Economic Survey estimated that Indian economy will grow 6.1-6.7% during financial year 2013-2014. Capital goods, realty and oil & gas stocks led the advance.

At the close, the benchmark 30-share index, BSE Sensex added 137.27 points or 0.72% at 19,152.41 with 22 components posting rise. Meanwhi

On an intra-day basis Nifty has a support at 5750 - Microsec Ltd.

NIFTY (5796.90, UP 35.55)

Yesterday we have seen a volatile movement of Indian equities. After opening on a subdued note, the Nifty fell to make a low of 5749.70 and then it rose to make a high of 5818.20. At the end of day Nifty closed at 5796.90. It had a net gain of 35.55 points or 0.62% over the previous day’s close. On the sectoral front, some buying in

Nifty has an immediate support at 5,740 and on a decisive close above below expect decline to 5,680 levels.

Market Review:


Railway Minister Pawan Bansal's maiden Budget failed to impress the Street. Indian equities plunged today with Nifty dipping below 5,800 amid a huge selloff. Oil & gas, auto and capital goods were badly hit. At the close, the benchmark 30-share index, BSE Sensex declined 316.55 points or 1.64% at 19,015.14 with 25 components posting

On an intra-day basis Nifty has a support at 5720

NIFTY (5761.35, DOWN 93.40)

After opening on a shaky note, the Nifty traded in the negative territory throughout yesterday’s trading session. At the end of day it closed at 5761.35. It had a net loss of 93.40 points or 1.60% over the previous day’s close. On the sectoral front, some buying interest was seen in IT stocks. However, huge selling pressure

Severe sell off expected till 5600

Key Highlights

• Nifty Futures closed at 5767 which a whopping 90 points lower than its previous close of 5857.

• Nifty Futures opened lower and remained in the firm grip of bears throughout the session to finally conclude the day below the support of 5800.

• The short term trend is now firmly down and would continue to remain

Breakdown and Sell off may be seen below 5800 in Nifty Futures

Key Highlights

• Nifty Futures closed at 5858 which is just 4 points higher than its previous close of 5854.

• Nifty Futures formed intraday bottom at 5822 but managed to close near 5850 levels.

• The short term trend of Nifty Futures is in downward direction and 5900 – 5940 is strong resistance zone if any bounce back is

Nifty has an immediate support at 5,840 and on a decisive close above below expect decline to 5,800 levels.

Market Review:

Indian equity markets settled lower for the fourth consecutive week as investors remained cautious ahead of Budget. The sentiment was dampened due to weak global markets on renewed concerns the US Federal Reserve may consider policy-tightening, which will reduce global liquidity. Metal, FMCG and Bankex dropped the most in the sectoral indices. The 3

4th Consecutive negative weekly close of Nifty Futures

Key Highlights

• Nifty Futures closed at 5854 which is just 1 points higher than its previous close of 5853.

• The level of 5850 acted as support for Nifty Futures and closed in the channel as shown in the chart.

• The crucial support is placed at 5800 and Nifty Futures needs to maintain this support for showing a corrective up

Nifty has an immediate support at 5,840 and on a decisive close above below expect decline to 5,800 levels.

Market Review:

Indian Indian equity markets settled lower for the fourth consecutive week as investors remained cautious ahead of Budget. The sentiment was dampened due to weak global markets on renewed concerns the US Federal Reserve may consider policy-tightening, which will reduce global liquidity. Metal, FMCG and Bankex dropped the most in the sectoral indices

Nifty Is expected to get strong support Near 5800. - Microsec

We have seen a range bound and choppy movement of Indian equities last week. After starting with a subdued session, the NSE-50 share index,  benchmark Nifty rose to make a weekly high of 5971.00 and then it continuously fell to make a weekly low of 5835.80 on Friday. At last it ended the week with a net loss of 0.63%. On the sectoral front, some buying interest was seen in IT, Oil &

Investors can look for value in quality midcaps Mr Sanjeev Zarbade, Kotak Securities

Below is the perspective on markets from Sanjeev Zarbade, Vice President- Private Client Group Research, Kotak Securities:

For the week, global equity markets inched lower. The DJ, FTSE and HSI were down 1%, 0% and 3% respectively. The Sensex was no better and ended down by 1%. For today, the global cues were negative as the US markets sold off on the back of disappointing economi