Nifty could remain sideways & a breach of 9220 at higher levels - Tradebulls Sec

Nifty Spot View

Nifty spot commenced a day on a negative note and traded with bearish sentiments throughout the session. Benchmark Index ignored Bearish USD/INR futures for the day and continues to trade lower. It breached crucial support of 9220 and settled below the same. Momentum Indicator RSI for 14-day period is poised at 62.92 indicating sideways

The immediate support zone is seen around 9160 – 9114 - Angel Broking

Sensex (29707) / Nifty (9198)

Friday’s session began with a decent downside gap mainly on the back of geopolitical concerns. Subsequently, looking at first half’s recovery it appeared as if the index once again shrugged off negative cues and is in process of giving a strong close above the 9250 mark. However, we witnessed a strong bout of

Nifty lost over half a percent in a volatile trading session - Religare Sec

Nifty Outlook

Nifty lost over half a percent in a volatile trading session, pressurised by weak global cues. Sentiment was downbeat from the beginning in reaction to the news of US missile attack on Syrian airbase. However, clearance of crucial GST legislations in Rajya Sabha subside the damage and helped index to recoup some losses in the middle. But,

The broader market trend remains intact so far as 8860 - Tradebulls Sec

Nifty Fut View

Nifty commenced the truncated week on a positive note but witnessed loss of momentum post the RBI monetary policy announcement. Liquidity inflow from the institutional investors has been modest so for, but if things worsen at geopolitical level, the imminent correction could unfold in no time. The broader market trend remains intact so f

Nifty PSE index edged higher and gained nearly two percent - Religare Sec

NIFTY OUTLOOK

* Nifty inched marginally higher in the holiday shortened week and settled closer to 9200, tracking mixed cues from domestic and global front.

* The coming week is also a holiday shortened one and we expect some decisive moves in stocks ahead of Q4FY17 corporate earnings. Besides, recent geo-political issue between the US and Sy

A minor setback - Sharekhan

Market on April 07, 2017

The Nifty witnessed a minor setback today, closing the week on a flat note. Since the last couple of sessions, the Index was taking support near the previous swing high of 9218. However, today, it has broken below 9218 and has fallen back below 9200. Structurally, the fall seems to be a retracement of the previous rise and is u

The intraday supports for the Nifty Bank index are placed around 21408 and 21337 - Angel Broking

Sensex (29927) / Nifty (9262)

Our markets opened lower as most of the global bourses turned apprehensive after US Fed releasing their March minutes. However, looking at yesterday’s price action, it appears that our markets are focusing more on domestic front instead of global events. After consolidating around market lows for some time, our marke

Takes a pause - Sharekhan

Market on April 06, 2017

The Nifty had a negative daily close today after six consecutive positive sessions. It has formed an inside bar on the daily chart. With today’s minor dip, the Index has tested the previous swing high of 9218 one more time, which is acting as support. Till the recent high of 9273 holds, the Nifty can dip towards 9220-9200

Markets to make a soft start on geo-political worries - LKP Sec

Markets to make a soft start on geo-political worries

The Indian markets after a choppy trade ended marginally in red in the last session after the Reserve Bank of India in its first monetary policy meeting decided to keep the repo rate unchanged. Today, the start is likely to be in red tailing the Asian peers and the markets will be showing the impact

Buying should initiate only above 21720 levels for the day - Tradebulls Sec

Nifty Spot View

Nifty spot commenced a day on a negative note and traded with volatile sentiments throughout the session. Bearish USD/INR futures and short covering at lower levels supported the recovery. It breached crucial resistance of 9280 and but failed to settle near the same. Momentum Indicator RSI for 14-day period is poised at 71.40 indicating

We feel Nifty may spent a session or two around current levels before further surge - Religare Sec

Nifty Outlook

Markets settled almost flat in a volatile session today, citing mixed local cues. It opened marginally lower and traded range bound for most part of the session, awaiting MPC’s meeting outcome. Meanwhile, participants were busy finding trades on stock specific front. The situation remained same after the policy announcement as the u

Gliding higher - Sharekhan

Market on April 05, 2017

The Nifty has posted a positive daily close for the sixth consecutive session. A swift fall post the gap up opening was arrested near the previous swing high of 9218, which is now acting as a support. On the other hand, the rally thereon was restricted near the daily upper Bollinger Band. As a result the index has formed a Doji

Markets to make a soft start; RBI`s policy decision eyed - LKP Sec

Domestic Market View

Markets to make a soft start; RBI’s policy decision eyed

The Indian markets despite a choppy trade posted gains in last session and the benchmarks ended at record closing highs ahead of the Reserve Bank of India's monetary policy review. Today, the start is likely to be cautious and somber, tai

We expect the index to extend this ongoing optimism towards 9400 - 9600 - Angel Broking

Sensex (29974) / Nifty (9265)

Yesterday's session opened with an upside gap, however, we witnessed a strong selling pressure in the initial trades. As a result, the index pared down all opening gains in a flash. This was followed by some consolidation in the market. But once again, we witnessed a decent buying interest at lower levels which eventua

The higher side resistance still remains firm at 21850 levels - Tradebulls Sec

Nifty Spot View

Nifty spot commenced a day on a positive note and traded with firm sentiments throughout the session. Bearish USD/INR futures and strong buying strengthen the sentiments. It breached crucial resistance of 9280 and settled near the same. Momentum Indicator RSI for 14-day period is poised at 71.85 indicating overbought position at current

Nifty has almost reached to its immediate target of 9300 - Religare Sec

Nifty Outlook

Nifty ended marginally higher in continuation to the prevailing uptrend and settled above 9250. It opened flat and inched gradually higher as the session progressed, tracking favourable local cues. However, upside capped due to caution ahead of the MPC’s meeting outcome, which is scheduled tomorrow i.e. April 6. Amid all, noticeable

Nifty gained 294.15 points in the month of March, 2017 - Religare Sec

The Month That Was:-

Nifty gained 294.15 points in the month of March, 2017

*  Breadth of Nifty stocks was positive – 39 stocks closed in green while 12 stocks closed in red in the month of March, 2017.

*  Relative comparison shows Consumer Durable, Capital Goods and Realty Index were the outperformers whereas Metal

The immediate support now would be seen at 9200 - 9160 levels - Angel Broking

Sensex (29910) / Nifty (9238)

Trading for the week began on a cheerful note as the benchmark index (Nifty) opened with a decent upside gap on Monday despite the SGX Nifty indicating a flat start. Subsequently, we witnessed a continuation of this upward momentum after a small consolidation in the initial hours. Eventually, the Nifty ended the session wi

We might see some volatile swings in the next two sessions - Religare Sec

Nifty Outlook

Markets made a firm start of the financial year and gained nearly a percent, thanks to noticeable buying in select index heavyweights. Improvement in manufacturing sector activities combined with contraction in external debt figure boosted the investors’ sentiment. Besides, positive start of European markets in the middle kept the m

Bulls maintain upper hand - Sharekhan

Market on April 03, 2017

With a gap-up opening, the Nifty surpassed the swing high of 9218. After a consolidation near 9200 in the first half of the session, the Nifty rallied smartly in the second half and ultimately closed near the day’s high. Thus, the Nifty has posted a positive daily close for the fifth consecutive session. The hourly chart

The NIFTY now trades above all the three averages - GEPL

Observations:

1. As on 31.3.2017, the NIFTY closed the week, the month as well as the financial year at an all-time closing HIGH of 9173.75, thereby giving a rise of 0.72% over the earlier week.

2. The long term moving averages stand as below: 50 DMA @ 8863, 100 DMA @ 8518, 200 DMA @ 8549. The NIFTY now trades above all the three averages, an