Bulls hold on to the channel - Sharekhan

Bulls hold on to the channel

Market on March 01, 2017: Support @ 8900

The Nifty opened gap up today, above 8900 mark, which acted as a support. Consequently the index moved up towards the hourly & daily upper Bollinger Bands. In last couple of sessions Nifty had formed a minor degree correction, which had

The markets settle down first before initiating any fresh trade - Religare Sec

Nifty Outlook

Nifty inched marginally lower as profit taking continues citing caution ahead of the US President’s speech and the third quarter GDP figure. In line with the benchmark index, sectoral indices too had a dull session and majority ended on flat note.

Globally, participants are eyeing the US President’s speech and hoping

The near term supports for the Nifty Bank index are placed around 20487 and 20295 - Angel

Sensex (28743) / Nifty (8880)

It was yet another day of consolidation for our market with a slightly negative bias. However, so many individual stocks soared during the session, indicating stock specific activity in the market. As far as index is concerned, the Nifty remained within a narrow range and eventually ended the session well below the 8900 ma

Nifty Test of supports - Sharekhan

Market on February 28, 2017: Resistance @ 8900

The Nifty opened marginally positive however rolled down to test multiple supports. Since last couple of sessions Nifty has entered correction mode, which continued further today. As a result of the minor degree dip the index has reached lower end of the medium term rising channel, which holds the key for

NIFTY unable to hold fort, even as heavyweight RELIANCE trades @ 9 year HIGH. Broader markets correct on the backdrop - GEPL

Key Highlights:

* The NIFTY opened @ 8943.70, marginally UP by around 4 points over last Thursday, part of an extended weekend. The first half saw the NIFTY correcting, yet holding fort at pre defined SUPPORT of 8920 mark. The index seemed basking in glory of heavyweight RELIANCE trading at a 9 year HIGH. However as the day progressed, consistent selli

Cooling off - Sharekhan

Market on February 27, 2017: Resistance @ 8950

The Nifty opened marginally positive however traded with bearish bias throughout the day. It has posted a negative daily close after six consecutive positive sessions. The index has fallen back towards lower end of the medium term rising channel. On the hourly chart, junction of 40 HEMA & hourly lower

It may see a correction towards 8820 - 8710 levels - GEPL

NSE Nifty Spot 8939.5 Weekly UP BY 1.30%

Observations:

* As on 23.2.2017, a truncated weekend, the long term moving averages stand as below: 50 DMA @ 8460, 100 DMA @ 8421, 200 DMA @ 8428. The NIFTY now trades above all the three averages, and interestingly all 3 are within half a percentage point of each-other

Nifty is inching gradually higher with every passing day and has almost reached closer - Religare Sec

Nifty Outlook

Nifty closed flat on the F&O expiry day amid volatility, ignoring feeble global cues. Participants choose to overlook the latest statement from the US Fed indicating probable rate hike as early as next month. The market tone was positive for most part of the session but profit taking in the last hour trimmed intraday gains.

Nifty traded with firm sentiments in last session due to buying support from traders - Tradebulls Sec

Nifty Spot View

Nifty traded with firm sentiments in last session due to buying support from traders. Next important support seen at 8870 level. Nifty likely to trade with sideways se􀅶ti􀅵e􀅶ts i􀅶 today’s session on profit booking at higher levels from traders. Nifty likely to trade with sideways sentiments and 8910 at lower side will b

It took good support of Fibonacci retracement levels - Tradebulls Sec

Nifty Fut View

Nifty futures traded with firm sentiments last week tracking bearish USD/INR futures prices and continue buying support from traders. It likely to trade with firm sentiments in current week as well on buying support at lower levels from traders. It witnessed strong buying support from traders and managed to hold the gains at higher level

Nifty Auto index spent the entire week in consolidation - Religare Sec

NIFTY OUTLOOK

* Nifty index settled on a positive note for the fifth successive week, hitting 52 week high on the last day of the February month derivatives expiry.

* Buying was witnessed across the board wherein energy pack topped the gainers list, thanks to strong surge in Reliance Industries.

* Nifty has reached closer to its rec

Gradual rise - Sharekhan

Market on February 23, 2017: Support @ 8900

The Nifty opened gap-up and attempted to push the daily and weekly upper bollinger bands higher. It crossed the crucial swing high of 8968 on an intra-day basis but closed below that. Overall, the Nifty continues to maintain its winning streak. It has posted a positive daily close for the sixth consecutive da

If Bank Nifty trade firm then it may test next resistance of 21050 levels - Tradebulls

Nifty Spot View

Nifty traded with volatile sentiments in last session due to profit booking at higher levels from traders and faced resistance due to the same. Next important support seen at 8840 level. Nifty likely to trade with sideways se􀅶ti􀅵e􀅶ts i􀅶 today’s sessio􀅶 on profit booking at higher levels from traders. Nifty likely to

Markets to get a cautious but positive start - LKP

Domestic Market View    

*Markets to get a cautious but positive start

The Indian markets continued the rally mood supported by the unprecedented surge in market heavyweight Reliance Industries, though the major bourses came off their intraday highs but managed decent gains in last session.