NIFTY hits an All time High, as BULLS desist to go down - GEPL

Key Highlights:

NIFTY hits an All time High, as BULLS desist to go down….

* The NIFTY opened @ 9657.15, UP by 41 points over Thursday. The whole trading session witnessed sluggishness, a continuation of the earlier day’s lackluster behavior with the formation of a DOJI candlestick pattern on daily charts. To shu

Markets to make a positive start of the crucial week - LKP Sec

Domestic Market View

Markets to make a positive start of the crucial week

The Indian markets showing a steady trade ended higher in the last session, tracking upbeat global market. Today, the start of the crucial week is likely to be in green and traders will be getting some support with a World Bank report

The Nifty Bank index could move upto 23550- 23650 - Angel Broking

Sensex (31273) / Nifty (9654)

During last week, the Nifty index was confined to a narrow range of 125 points as the index gained 0.61 percent during the week.

It’s been a week of consolidation with a mildly positive bias which was quite evident after such a sharp up move in the previous week and more importantly, after reaching the imp

Asian markets are trading mix. SGX Nifty is trading up by 16 points - Religare Sec

Nifty Outlook

Nifty opened with an uptick and ended with modest gains after four days of sideways move. Initially, firm global markets boosted the sentiments which further improved with encouraging auto sales figure and rebound in the select index majors. Noticeable recovery was witnessed on broader front too while sectoral indices traded mixed.

Traders should maintain leverage longs until 9530 holds - Tradebulls Sec

Index is at the cusp of maturing optimism & euphoria. With fresh life high, continued buying interest & no signs of major reversal formations on the intermediate scale keeps the mood right for a futher extension on the ongoing up-move. Though the daily RSI is quoting an overbought state but there is no sign of major divergence; also the ADX in the lower panel indicates a likely extensio

Bank nifty could continue its outperformance in the coming sessions as its constituents continue to display strength - Tradebulls Sec

Fresh highs with sustained up move highlight the ongoing strength in the trend. Though Nifty remained confined within its previous day’s session for most part of the day, the sequence of higher lows remained intact. A breach above 9640 could extend the rally towards 9740 while a sustained breach below its previous day’s low of 9570 would distort the ongoing sequence. Momentum trader

NIFTY maintains a fine balance, even as broader markets outperform - GEPL

Key Highlights:

NIFTY maintains a fine balance, even as broader markets outperform. Markets largely behave lackluster ….

* The NIFTY opened @ 9603.55, DOWN by 18 points over Wednesday. The whole trading session largely walleted @ par, a continuation of the earlier day’s lackluster behavior. Without any of the p

View Markets to rebound on positive global cues - LKP Sec

Domestic Market

View Markets to rebound on positive global cues

The Indian markets showing a lackluster trade ended marginally in red again in last session, as slew of disappointing economic reports on GDP, core sector output and manufacturing stirred concerns about the state of the economy. Today, the start

Nifty settled marginally lower in a volatile trading session - Religare Sec

Nifty Outlook

Nifty settled marginally lower in a volatile trading session, indicating some consolidation after the recent up move. However, the broader market indices continued to outperform and closed with decent gains.

The sectoral indices exhibited a mixed trend with healthy buying seen in FMCG, Healthcare and Capital Goods and selling pr

Prolonged pause - Sharekhan

Market on June 01, 2017

The Nifty has been stuck in a very narrow range for the last  few sessions. On the way down, 9600 is providing support  to  the  Index  whereas  on  the  way  up,  9650  is  posing  as   a key hurdle. As a result of the extended consolidation,  the hourly

Markets to make a somber start on weak GDP data - LKP Sec

Domestic Market View

Markets to make a somber start on weak GDP data

The Indian markets after a volatile day of trade ended marginally in red in the last session with traders turning cautious ahead of the GDP data. Today, the start is likely to be somber and traders will be reacting negatively to some weak eco

Nifty remained confined within its previous day`s session for most part of the day - Tradebulls Sec

Fresh highs with sustained up move highlight the ongoing strength in the trend. Though Nifty remained confined within its previous day’s session for most part of the day, the sequence of higher lows remained intact. A breach above 9640 could extend the rally towards 9740 while a sustained breach below its previous day’s low of 9570 would distort the ongoing sequence. Momentum trader

The intraday supports for the Nifty Bank index are placed around 23270 and 23180 - Angel Broking

Sensex (31146) / Nifty (9621)

It’s been yet another quiet start for our markets and the similar lethargic mood continued for the remaining part of the day. If we look at the overall price range for the Nifty, it was merely 40 points within which the index kept on oscillating to eventually end the session with a negligible loss.

Yesterda

Pit stop - Sharekhan

Market on May 31, 2017

The battle between the bulls and the bears continued today as well. Eventually, the Nifty posted a negative daily close by a thin margin. Since the last few sessions, the index is consolidating between the hourly upper Bollinger Band and the 20HMA. Consequently, the hourly Bollinger Bands have contracted significantly, which sugg

We suggest maintaining cautious approach in leveraged positions - Religare Sec

Nifty Outlook

Markets settled almost flat for the third consecutive session, in absence of any fresh trigger. Sectoral indices also traded in tandem with the benchmark and majority closed on flat note. Thankfully, rebound in midcap and smallcap pack saved the day and also kept the sentiment positive.

We’re currently seeing time-wise cor

Nifty ended almost unchanged in a dull trade today - Religare Sec

Nifty Outlook

Nifty ended almost unchanged in a dull trade today, mirroring the last session's move. However, recovery in select pharma, realty and PSU banking majors kept the traders busy. Also, the latest update on pre monsoon shower boosted the sentiment to some extent and trigger buying in consumable and agri. based stocks.

Nifty is c

Nifty continued its bullish streak as it registered yet another bullish day - Tradebulls Sec

Nifty continued its bullish streak as it registered yet another bullish day. Though it remained confined within its previous days trading range there were no signs of exhaustion displayed. A breach above 9640 could extend the rally towards 9740 while a sustained breach below 9570 distort the ongoing sequence. Momentum traders could retain their longs with a trailing stop below 9570 while aggres

The intraday supports for the Nifty Bank index are placed around 23090 and 22975 - Angel Broking

Sensex (31159) / Nifty (9625)

We had a soft beginning for the day as there were no major cues from the US as well as Asian bourses. Subsequently, we witnessed a consolidation within a small range throughout the day. However, the overall bias remained positive and as a result, the Nifty ended the session with nominal gains.

For the second cons

Inching higher - Sharekhan

Market on May 30, 2017

The Nifty witnessed a tough battle between the bulls and the bears throughout the day. Ultimately, the index posted a positive daily close for the fourth consecutive session. Since the last couple of sessions, the index is consolidating between the hourly upper Bollinger Band and the 20HMA. The Nifty can consolidate for some more

The NIFTY now trades above all the three averages - GEPL

Observations:

1. As on 26.5.2017, the long term moving averages stand as below: 50 DMA @ 9263, 100 DMA @ 8958, 200 DMA @ 8718. The NIFTY now trades above all the three averages, and the 100 DMA is maintaining the positive crossover with respect to the 200 DMA, and maintaining it since week ended April 13, 2017.

2. The FII trend is indicating