Nifty Faces Immediate Resistance At 5,950 & Support at 5,820 Levels On The Downside. - Nirmal Bang

Market Review:
Indian benchmark indices settled the last expiry week of December month higher led by oil & gas, real estate and power stocks. The  sentiments were positive on the back of improving policy and economic outlook despite concerns over the Fiscal Cliff issue in the US.

The 30-share index, Sensex added 202.84 points, or 1.05% over previo

Positive Weekly Close in Nifty Futures - GEPL Capital

Key Highlights

• Nifty closed at 5955 which is 25 points higher than its previous close of 5930.

• Nifty Futures formed intraday high at 5960 but was not able to close above this level which is current intermediate level.

• If the level of 5960 is breached, the immediate target for Nifty Futures is 6000 which is its earlier hig

Nifty Continues To Remain Range Bound. - GEPL Capital

Nifty continues to remain range bound.
 

Indian markets were buoyed by yet another Government reform measure; this time the proposal of raising diesel prices by Re1 per liter per month for the next 10 months. This caused the BSE OIL & GAS index to close 2.38% higher whereas BSE HEALTHCARE closed down 0.19% as investors turns to high Beta stocks as ag

Nifty faces immediate resistance at 5950 & support at 5820 levels on the downside.

Market Review:

Indian markets ended lower on Thursday amid F&O expiry led by IT, oil & gas and metal stocks. The key Indian stock indices kept swinging between gains and losses throughout the day, oscillating on both the sides of equator. The markets slipped further during the last half and hour of trade leading to a weak market breadth. At the close, the

Trend Deciding Levels for S&P CNX Nifty: 5840 & 5940

Key Highlights

• Nifty closed at 5870 which is 36 points higher than its previous close of  5906.

• Nifty was not able to cross 5940 levels and reacted downwards from the day's high of 5930 on November series expiry day.

• The intermediate high is placed at 5940 and closing above this level may push Nifty towards 6000

On an intra-day basis Nifty has a support at 5840 - Microsec

NIFTY (5870.10, DOWN 35.50)

After opening on a subdued note, the benchmark Nifty rose to make an intra-day high of 5930.80 yesterday. However some selling pressure was witnessed towards the closing session and Nifty continuously fell to make a low of 5864.70. At the end of day it closed at 5870.10. It had a net loss of 35.50 points or 0.60% over the previous day&r

Fall Continuation Below 5850 In Nifty Futures - GEPL Capital

Key Highlights

•  Nifty Futures closed at 5914 which is 48 points higher than its previous close of 5866.

•  After opening at 5871, Nifty Futures rallied and crossed 5900 mark successfully to form intraday high at 5926.

•  Rally in Nifty Futures is  resisted exactly on the falling trend line from its current

Nifty maintains a buy on dip approach and expects targets of 5,950 & 6,080 levels

Market Review:

Indian markets settled higher on Wednesday led by capital goods, banking and realty stocks. Markets opened in the positive and gained momentum as the day progressed. Short covering was also witnessed ahead of F&O expiry day tomorrow. European indices were mixed, Asian indices were positive after the formation of new government in Japan. At the c

On An Intra-Day Basis Nifty Has a Support At 5870 - Microsec

After opening on a subdued note, the benchmark Nifty continuously rose to make an intra-day high of 5917.30 yesterday. At the end of day  Nifty closed at 5905.60. It had a net gain of 49.85 points or 0.85% over the previous day’s close. On the sectoral front, some buying interest  was seen in Capital goods, Banking, Power, Realty and Oil & gas stocks. However, IT stocks t

Lackluster trading day in Nifty Futures

Key Highlights

• Nifty Futures closed at 5866 which is 13 points higher than its previous close of 5853.

• Nifty Futures moved in just 25 points range between 5878 and 5853 throughout the day with very less trading volumes.

• The zone of 5900 – 5920 is likely to provide a strong resistance in current market scenario where

Nifty maintains a buy on dip approach and expects targets of 5,950 & 6,000 levels

Market Review:
Indian equities settled the range bound trade on flat note on Monday due to lack of participation from investors ahead of Christmas holiday and F&O expiry this week. European and Asian indices were mixed and didn't provide any concrete cues for the market trend.

At the close, the 30-share benchmark index, BSE Sensex ended flat with a

Nifty May Drift Down To 5780 - 5755 Range. - GEPL Capital

Indian markets were trading flat in a lackluster trading session marked by low FII participation due to Christmas Holidays and lack of any positive cues at home. Volumes are expected to be low this truncated week and markets would continue to be dull till the Holiday season is over. As per Bloomberg data, Indian MFs have been net sellers for 5 straight months even as FIIs have been net buyer

Nifty maintains a buy on dip approach and expects targets of 5950 & 6000 levels

Market Review:

Indian benchmark indices settled lower this week on weak global cues on concerns over the Fiscal Cliff issue in US. On sectoral front, BSE Capital goods, Consumer durables, Oil & gas stocks led the decline.
The 30-share index, Sensex declined 75.25 points, or 0.39% over previous week to 19,242. On the other hand, the broad based NSE Nift

Nifty Futures in corrective mode

Key Highlights

• Nifty Futures closed at 5853 which is 78 points lower than its previous close of 5931.

• Nifty Futures lost 100 points in last 3 trading sessions from the high of 5961 and now approaching towards its crucial support of 5840.

• The breakdown of 5840 is likely to push Nifty Futures 100 more points lower towards 5

Nifty Likely To Find a Strong Support Near 5800.

After starting with a shaky session, the Nifty rose to make a weekly high of 5939.40 on Wednesday and then it fell to make a weekly low of  5841.65 on Friday of last week. At last Nifty ended the week with a net loss of 0.54%. On the sectoral front, some buying interest was witnessed in Auto, IT, Metal and Health care stocks. However, Realty, Oil & gas, Capital goods and Consumer du

Markets Are Hoping For a Solution To The US ‘Fiscal Cliff’ - Dipen Shah, Kotak Securities

Please find below perspective on markets from Dipen Shah, Head of Private Client Group Research, Kotak Securities:

“Markets ended the week on a weak note on concerns over the ‘Fiscal Cliff’ issue in US. Global markets were also weak on similar concerns. For the week, markets ended marginally higher by about 0.5%. The winter session of Parliament ended and i

Weekly close of Nifty Futures above 5960 to continue uptrend

Key Highlights

• Nifty Futures closed at 5931 which is 16 points lower than its previous close of 5947.

• The level of 5960 is consistently providing resistance and Nifty Futures needs to close above this level for generating upward momentum.

• The immediate target after the upward breach of 5960 is placed at 6000 levels which

Nifty maintains a buy on dip approach and expects targets of 5950 & 6000 levels

Market Review:

Indian markets settled lower on Thursday. The market sentiments were down amid deteriorating federal budget negotiations in the US fueled concerns that automatic tax increases and spending cuts will be triggered and early election results suggested Narendra Modi will be re-elected as chief minister of Gujarat for third time in a row.

At t

Immediate Support for Nifty Futures at 5900

Key Highlights

• Nifty Futures closed at 5947 which is 18 points higher than its previous close of 5929.

• Nifty Futures moved in just 25 points range testing 5960 keeping the hope of uptrend continuation.

• Above 5960, the next target for Nifty Futures is placed at 6000.

• If any corrective trend is seen, then

Nifty maintains a buy on dip approach and expects targets of 5950 & 6000 levels

Market Review:

Indian markets continue to trade higher with some profit booking at higher levels witnessed in post noon session on Wednesday. Rate sensitive sectors rallied on hopes of monetary policy easing by the RBI in the next month. NBFCs and smaller banks are trading higher after the Lok Sabha yesterday passed the Banking Laws (Amendment) Bill, 2011, paving

Nifty Futures closing is seen still below 5940

Key Highlights

• Nifty Futures closed at 5929 which is 40 points higher than its previous close of 5889.

• Highly volatile session was seen where low of the day was 5838 and 112 points rally was seen thereafter to form intraday high at 5950.

• Nifty Futures was not able to close above the important level of 5940 but the high tr

Nifty maintains a buy on dip approach and expects targets of 5950 & 6000 levels

Market Review:

Indian markets ended higher ignoring disappointing RBI policy. The central bank has unexpectedly left CRR unchanged against 25 bps cut widely anticipated the market. The RBI has also kept repo and reverse repo unchanged. Realty, metal and capital goods led the advance.
At the close, the benchmark 30-share index, BSE Sensex gained 120.33 poin

If Nifty Is Able To Maintain Above 5975, It May Test 6180 In The Extreme Short Term - Microsec

NIFTY (5896.80, UP 38.90)

Yesterday we have seen a volatile movement of Indian equities. After opening on a subdued note, Nifty fell to make a low of 5823.15 and  then it rose to make a high of 5905.80. At the end of day Nifty closed at 5896.80. It had a net gain of 38.90 points or 0.66% over the previous day’s close. On the sectoral front, Capital good

Nifty maintains a buy on dip approach and expects targets of 5950 & 6000 levels

Market Review:

Indian markets ended lower amid volatility on Monday ahead of RBI policy meet scheduled on Tuesday. Technology, IT and FMCG stocks led the  decline while rate-sensitive’s witnessed a rise. Markets opened slightly negative today and witnessed profit-booking for rest of the trading day.  European indices edged lower too and also underp

Trend Direction to set after breach of 5940 or 5870

Key Highlights

• Nifty Futures closed at 5889 which is 26 points lower than its previous close of 5915.

• Nifty Futures moved in extremely narrow range of 27 points between 5908 and 5881 throughout the day with thin volumes continuing the indecisiveness.

• The double bottoms are seen at 5870 and closing below this level may pus