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

Domestic Market View

Markets to make a soft-to-cautious start on sluggish global cues

The Indian markets despite slowing down in the final hours managed gains of about half a percent in last session. Today, the start may remain cautious on sluggish global cues, however there will be some support to the markets

Testing hurdles - Sharekhan

Market on July 06, 2017

The Nifty opened on positive note today & crossed the swing high of 9650. As a follow through of the Inside Bar breakout in today’s session Nifty scaled higher as the day progressed. The index tested the key resistance of 9700, where it faced selling pressure. Thus 9700-9710 continues to be a crucial resistance zone. W

NIFTY closes onto an all time closing HIGH - GEPL

Key Highlights:

NIFTY closes onto an all time closing HIGH. GST impetus holds sway as Markets closes into 9640-9720 mark which is immediate SUPPLY zone.….

* The NIFTY opened @ 9653.60, UP by around 18 points over Wednesday. A full GREEN day, the NIFTY rose strength to strength all through the day, hitting the 9700 mom

Markets have again reached to the record high and banking holds - Religare Sec

Nifty Outlook

Nifty gained nearly half a percent today and touched 9700, thanks to noticeable buying interest in rate sensitive pack. Among the sectoral pack, banking led the up move today closely followed by realty, FMCG and financials. However, profit taking in last half an hour of the trade trimmed the gains.

Markets have again reached to

The Nifty managed to surpass the mentioned resistance zone of 9630 and 9650 - Angel Broking

Sensex (31369) / Nifty (9675)

Yesterday, we witnessed a gap up opening as indicated by the SGX Nifty. Subsequently, the optimism accelerated as the day progressed and during the second half, the Nifty made a yet another successful attempt to test the 9700 mark. However, once again, we witnessed some profit taking at higher levels towards the fag end t

Markets to make a muted start lacking any supportive factor - LKP Sec

Domestic Market View

Markets to make a muted start lacking any supportive factor

The Indian markets after a choppy trade managed a modestly positive close in the last session. Today, the start is likely to be muted lacking any major supportive factor and amid sluggish global cues. There will be some concern i

Fibonacci holds the key - Sharekhan

Market on July 05, 2017

The Nifty in today’s session traded within the boundaries of yesterday’s trading range thus forming an Inside Bar on the daily chart. This shows indecision in the minds of market participants. In terms of Fibonacci retracement Nifty has retraced 78.6% of the previous fall. Near the key Fibonacci level the index is co

The intraday supports for the Nifty Bank index are placed around 23270 and 23190 - Angel Broking

Sensex (31246) / Nifty (9638)

Our markets opened marginally higher as indicated by the SGX Nifty and then remained in a small range for remaining part of the day. The overall intraday bias was positive but not a significant one. At the end, a stock specific session ended with gains of 0.25%.

Although the market breadth was positive yesterday

We reiterate our view to maintain stock specific trading approach and use dips to add quality stocks - Religare Sec

Nifty Outlook

Nifty traded dull in a narrow range today and somehow managed to settle marginally higher. In absence of any major trigger, participants kept themselves busy with stocks. Metal, realty and media gained maximum on sectoral front and the market breadth too ended on positive side, thanks to recovery in midcap and smallcap space.

Ni

Bears taking over - Sharekhan

Market on July 04, 2017

The Nifty, continuing with the positive momentum from last couple of sessions, opened gap up today. However it couldn’t build upon the gains as bears put up strong resistance near 78.6% retracement of the previous fall. Hence despite of a positive start Nifty posted a negative daily close in the end. This completes the min

NIFTY holds back above the 9600 mark as GST impetus for the BULLS fades - GEPL

Key Highlights:

NIFTY holds back above the 9600 mark as GST impetus for the BULLS fades. 9640-9700 still stands as immediate SUPPLY zone in the GST Regime.….

* The NIFTY opened @ 9645.90, GAP-UP by a good 30 points over Monday. The NIFTY seemed to be lacking the momentum right from the word GO, as GST impetus of BULLS

It as the possibility of some consolidation in a range of 9650 and 9450 remains high - Angel Broking

Sensex (31210) / Nifty (9613)

Monday’s strong up move along with overnight rally in US bourses led to a gap up opening in our market yesterday by nearly three-tenths of a percent. However, as expected we saw some profit taking at higher levels and thereafter, index remained in a small range to conclude the session on a muted note. During the day

We suggest focusing on metal, auto, private banks and select FMCG - Religare Sec

Nifty Outlook

Markets traded range bound and settled almost flat in the end, taking a breather after yesterday’s surge. Initially, the bias was positive but lack of participation from the banking pack capped upside. The situation was similar on the broader front too where selective buying was witnessed.

It’s a normal consolidation

The Nifty observed at 9,650 and then around at 9,710 levels - Reliance Sec

Technical Research

MARKET SYNOPSIS

* Yesterday, NSE-NIFTY opened above its shortterm moving average 20-day EMA on back of heavy buying in FMCG major-ITC, but later due to a sharp decline index had surrendered partial gain. Later, NIFTY found good support around sub-9,540 mark and with a gradual rise managed to

Markets to extend gains with a positive start - LKP Sec

Domestic Market View

Markets to extend gains with a positive start

The Indian markets rallied in last session on expectations that the biggest tax reform in independent India will support higher government revenue generation, after the goods and services tax (GST) kicked in on July 1. Today, the start is like

Nifty to retain the trading zone of 9645-9450 for some more time - Tradebulls Sec

Nifty snapped the two days decline in a single session as it retraced itself back above 9600. The pace of the recovery has been gradual as compared to its previous wave on the 60 min scale. Even on the daily scale the upmove lacks firm signs of a reversal, therefore it is prudent to assume that the ongoing move on the intraday scale is a corrective of its previous decline from 9700 to 9449.The

Markets rebounded strongly today and gained nearly a percent amid volatility - Religare Sec

Nifty Outlook

Markets rebounded strongly today and gained nearly a percent amid volatility. The sentiment was positive from the beginning, tracking encouraging updates on GST and recovery in the global markets. However, selective buying was witnessed on sectoral front wherein FMCG, metal, auto and realty attracted maximum traction.

We feel pa

Deep retracement - Sharekhan

Market on July 03, 2017

The Nifty opened gap up today & scaled higher subsequently. The hourly chart shows that the Nifty has formed a pullback, which has taken form of an expanded flat. In terms of Fibonacci retracement it has retraced 61.8% of the previous fall. Thus it has formed deep retracement of the impulse structure. The benchmark index has

The intraday supports for the Nifty Bank index is placed in the range of 23100 and 23000 - Angel Broking

Sensex (31222) / Nifty (9615)

Yesterday, we witnessed a gap up opening mainly on the back of biggest tax reform ever in India, GST rollout from July 01st 2017. After a minor pause, the optimism resumed during the penultimate hour to push the index beyond the 9600 mark on a closing basis.

Due to yesterdays price activity the Nifty has once ag