Marching northwards - Sharekhan

Market on February 22, 2017: Support @ 8900

The Nifty opened gap-up and moved higher to achieve our target of 8930. It has reached the daily as well as weekly upper Bollinger Band and the falling trendlline from the previous swing highs. The Nifty made an attempt to test a crucial swing high of 8968. The Index is on the course to test the all-time high

Markets to make a positive start of the penultimate session of F&O expiry - LKP

Domestic Market View    

*Markets to make a positive start of the penultimate session of F&O expiry

The Indian markets coming off their initial choppiness surged in the final hours of the last session to post their fourth consecutive day of gains, with Nifty closing above the crucial 8900 mark. Today, the start of th

The intraday supports for the Nifty index are placed around 8850 and 8800 - Angel

Sensex (28762) / Nifty (8908)

The Nifty index opened marginally in the positive territory and traded in a range of 60 points throughout the session. Eventually, a positive momentum in the concluding hour led the index to close almost at the highest point of the day by adding another 0.26 percent to the bull’s kitty.

Although, the Nifty

Nifty managed to settle marginally higher in a volatile session today - Religare Sec

Nifty Outlook

Nifty managed to settle marginally higher in a volatile session today. The first half was dull but rebound in select banking majors in latter half fuelled the momentum. Amid all, participants were busy in rollover and unwinding their derivatives positions.

Almost all the sectoral indices have participated in this rally so far an

Bank Nifty traded with firm sentiments due to buying support from traders - Tradebulls

Nifty Spot View

Nifty traded with firm sentiments in last session due to buying support from traders. However it witnessed some profit booking at higher levels and faced resistance due to the same. Next important support seen at 8800 level. Nifty likely to trade with sideways sentiments in today’s session on profit booking at higher levels from t

Trekking higher - Sharekhan

Market on February 21, 2017: Support @ 8860

The Nifty was in a consolidation mode in the first half of the session but picked up pace towards the end of the session. Consequently, it crossed 8900 on a closing basis. It fell just short of our target of 8930, which continues to be the key level to watch on the upside. The level of 8930 coincides with a c

Good start to F&O expiry week - Sharekhan

Market on February 20, 2017: Support @ 8860

The Nifty slowly and gradually inched higher towards the upper end of the range and closed well in the positive territory. The initial hurdle is at 8900, which when taken will take the Nifty towards 8930, ie the downtrend line resistance. On the way down, 8860 is the immediate support. Till 8860 is held, the

The Bank Nifty near term support for the Nifty Bank index is placed in the range of 20450-20295 - Angel

Sensex (28662) / Nifty (8879)

Trading for the week began on a flat note taking mixed cues from the Asian bourses. However, the index attracted tremendous buying interest around Friday’s low, which eventually led to a decent broad-based rally of nearly three fourth of a percent gains.

In general, so many market participants were a bit sk

NIFTY holds Bullish momentum and closes near 5 month HIGHS. Predefined resistance @ 8935 maybe in contention -GEPL

Key Highlights:

* The NIFTY opened @ 8818.55, marginally DOWN by around 3 points over last Friday. The first half an hour was the only time, the NIFTY traded in negative territory. Rising in strength in higher top & higher bottom formation all through the day; NIFTY closed near the highest. Closing on a strong note, the NIFTY shut shop @ 8879.20 UP

We suggest maintaining positive yet cautious approach in index - Religare Sec

Nifty Outlook

Nifty settled with decent gains today and inched closer to 8900, thanks to positive domestic cues and firm global markets. The news of GST Council clearing states compensation law and buying in the select index majors pushed the index higher. Movement was mixed on the sectoral front wherein metal, IT and realty topped the gainers list.

Markets to extend gains with a mildly positive start - LKP

Domestic Market View  

Markets to extend gains with a mildly positive start

The Indian markets rallied in last session with IT and telecom stocks taking the charge. Today, the start is likely to be in green tailing the positive trade in Asian peers. Traders will also be reacting to yearly SBI Composite I

NIFTY will face hurdles in the range of 8,950-9,000 - Reliance Sec

Technical Research

MARKET SYNOPSIS

* On Friday, NSE-NIFTY began the session on strong note tracking positive domestic cues, but later due to profit booking at higher levels index slipped from its five month high-8,896 to 8,804 quite sharply. Later, index oscillated in the range of 8,850-8,810 for rest of the d

Markets to make a flat start of the F&O series expiry week - LKP

Domestic Market View

Markets to make a flat start of the F&O series expiry week

The Indian markets extended their gains in last session to close near five-month highs, despite uncertainties over the US fiscal and monetary policies. Today, the start of the F&O series expiry week is likely to be flat-to-

It's a clear sign that Nifty is facing pressure at higher levels - Religare Sec

Nifty Outlook

Markets were on a roller coaster ride today, largely influenced by the banking pack especially private ones. The strong surge in private banking major HDFC bank, after the RBI's withdrawal of FII stake-buy restriction, triggered a gap up start in Nifty too. But, lack of participation from other sectors and profit taking in the banking

The near term supports for the Nifty Bank index are placed around 20310 and 20100 - Angel

Sensex (28469) / Nifty (8822)

We had taken some cues (about the ongoing consolidation phase) from previous week’s price action as the index struggled around the 8800 mark and the similar price action was being witnessed for the major part of the concluded week as well. However, on the other hand, despite a decent dip on Wednesday, 8700 proved its

Bulls stage a spirited comeback - Sharekhan

Market on February 17, 2017: Resistance @ 8900

The Nifty had been in a consolidation mode for the last few sessions. But, in today’s session, it broke out on the upside with a significant gap-up opening. Recently, the benchmark index had broken out on the downside from the triangular pattern on the hourly chart, but had taken support near the par

We expect volatility to con-tinue due to derivatives expiry and scheduled GST council meet - Religare Sec

NIFTY OUTLOOK

* Nifty settled on a flat note amid volatility for second consecutive week and somehow man-aged to close above 8800.

* In the coming week, we expect volatility to con-tinue due to derivatives expiry and scheduled GST council meet.

*Broadly, we expect Nifty to consolidate further around current levels. However, stocks a

Bank Nifty has next resistance at 20570 levels - Tradebulls

Nifty Spot View

Nifty traded with volatile sentiments in last session due to profit booing at higher levels from traders. However it recovered well from lower levels and managed to close with gains. Next important support seen at 8690 level. Nifty likely to trade with sideways sentiments in today’s session on profit booking at higher levels from

The Nifty Bank index made a high around 20300 levels - Angel

Sensex (28301) / Nifty (8778)

A weak session on Wednesday was followed by a flat opening in our market amid mixed global cues. Subsequently, the index slipped slightly towards Wednesday’s low. However, as mentioned in the previous report, 8715 acted as a rock solid support and as a result, we witnessed a decent recovery in the second half to end