The anticipated level of 9630 was breached with good volumes as the index saw a swift move towards 9680 - Tradebulls Sec

Breakout from the channel seems to have reestablished the momentum in nifty. The anticipated level of 9630 was breached with good volumes as the index saw a swift move towards 9680.The recent pullback in todays session provides a good opportunity to add further longs. A follow through in the coming session above 9680 could amplify its momentum towards 9800-9830 zone (upper end of oscillation).

We maintain our bullish view on markets and suggest using any pause and correction as buying opportunity - Religare Sec

Nifty Outlook

Nifty traded dull in a narrow range today and settled almost unchanged, tracking mixed cues. In line with the benchmark index, mostly sectoral indices traded lacklustre and ended on flat note. Amid all, movement continued on stock specific front which kept the participants busy till the end.

The countdown for the GST implementat

Paused near key retracements - Sharekhan

Market on June 20, 2017

The Nifty opened on positive note today; however was in consolidation mode throughout the day. After breaking out from the upper channel line on the hourly chart Nifty has retraced 78.6% of the channelized fall. Larger picture shows that today’s negative daily close is nothing but a pause on the way up. Once today’s

NIFTY BULLS pull back above the physiological 9600 levels - GEPL

Key Highlights:

NIFTY BULLS pull back above the physiological 9600 levels, as it crosses above the earlier weeks’ HIGH. BANKNIFTY HITS an all time HIGH ….

* The NIFTY opened @ 9626.40, a GAP-UP of around 38 points over the closing of last Friday. After the clear BEAR day of last Thursday, the market was back to

Markets to extend gains on mostly positive global cues - LKP Sec

Domestic Market View

Markets to extend gains on mostly positive global cues

The Indian markets after showing consistency through the session picked up pace in the final hours to end at record highs in the last session. Today, the start is likely to be in green and the markets will be extending the gains in ea

Bulls take control - Sharekhan

Market on June 19, 2017

The Nifty with an opening gap on the upside crossed upper end of the falling channel in today’s session. After a consolidation above the upper channel line the index took a leap on the upside in the second half. Thus the index has started next leg on the upside. In terms of bar patterns the bullish Inside bar formed on the

We suggest continuing with the uptrend and avoiding contrarian trades - Religare Sec

Nifty Outlook

Markets started the week on robust note and gained over half a percent, thanks to firm global markets and supportive local cues. It opened gap up and maintained that tone till the end. The recently concluded GST Council meet boosted the sentiments wherein the council unanimously agreed on July 1 rollout, putting the speculation of possibl

The NIFTY now trades above all the three averages, and the 100 DMA is up above the psychological 9000 mark - GEPL

Observations:

1. As on 16.6.2017, the long term moving averages stand as below: 50 DMA @ 9411, 100 DMA @ 9154, 200 DMA @ 8792. The NIFTY now trades above all the three averages, and the 100 DMA is up above the psychological 9000 mark while maintaining the positive crossover with respect to the 200 DMA, which it is maintaining since week ended April 13,

The Fed chair was slightly hawkish that supported the greenback on lower levels - Motilal Oswal

Market Outlook:

After consolidating in a narrow range for the past few weeks the rupee managed to move higher but closed the week almost flat against the US dollar. In the past few weeks the pair has moved in the range of 64 and 65 and with no major economic data expected to be released during the week volatility for the rupee could remain low.

A breach above 9630 would trigger a fresh upmove towards 9830 during the week - Tradebulls Sec

Recent decline towards the lower end of the channel pattern has been gradual. Proximity towards the lower end of the channel could provide a favourable reward to risk setup for fresh longs. But it would be prudent to await for a reversal sign to emerge in the coming session. A breach above 9630 would trigger a fresh upmove towards 9830 during the week. While 9530 is expected to act as support z

Bulls defending supports - Sharekhan

Market on June 16, 2017

The Nifty opened on positive note today & moved higher only to face resistance near the key hourly Moving Averages one more time. From there the index tumbled towards the support zone of 9580- 9560. Near the support zone bulls were prepared to absorb the selling. Ultimately, in terms of bar patterns, Nifty has formed a bulli

Markets to get a strong start on supportive regional cues - LKP Sec

Domestic Market View

Markets to get a strong start on supportive regional cues

The Indian markets after much of dilly-dallying made a flat closing in the last session. Decline in IT and healthcare stocks offsetted a rebound in banking stocks. Today, the start of the new week is likely to be in green tailing

We see strong possibility of Nifty resuming uptrend next week - Religare Sec

Nifty Outlook

Nifty settled almost unchanged in a volatile trade, continuing its prevailing trend. However, there was no shortage of trading opportunities on stock specific front, which kept the participants busy. Mostly sectoral indices traded in line with the benchmark and ended on flat note, in absence of any fresh trigger.

We see strong p

Nifty Energy Index gained over a percent, outperforming the benchmark index in the passing week - Religare Sec

NIFTY OUTLOOK

* Nifty traded volatile through out the week and lost nearly a percent in the end. Global cues largely dictated the market trend in absence of any major local trigger. 

* In absence of any major event, progress of monsoon and cues from the global front will be closely watched by the participants in the coming week.

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GST development & moonsoon must be the watching point on the indices - Amrapali Aadya Trading & Investemnts

Below is the View On Weekly Market Outlook report by Mr. Abnish Kumar Sudhanshu, Director & Research Head, Amrapali Aadya Trading & Investments

On Monday, indices remained on the cautious note ahead of inflation and IIP data, due end of the day. Further, US Fed Reserve policy also continues to put pressure on the market on the downside. Fo

At crucial juncture - Sharekhan

Market on June 15, 2017

The Nifty opened on flat note today & traded with bearish bias throughout the day. Nevertheless the index obeyed the falling channel on the hourly chart & remained within the same. Near the support zone of 9580-9560 bulls rushed in to provide support to the benchmark index. Thus Nifty managed to close just above the 20 D

Nifty has almost tested its crucial support of 9550 today and rebounded marginally in the end - Religare Sec

Nifty Outlook

Markets traded under pressure and lost nearly half a percent, mainly pressurised by weak global cues. It opened lower and maintained negative tone till the end. The news of rate hike by the US Fed was already discounted and markets reacted primarily to the news of special counsel will investigate the US president for his role in obstructi

NIFTY breaks below 9600 levels for the first time after 15 days - GEPL

Key Highlights:

NIFTY breaks below 9600 levels for the first time after 15 days, Misses 3 week LOW by a whisker….

* The NIFTY opened @ 9617.90, flattish over the closing of 9618.15 of Wednesday. After many days it was a clear BEAR day, with market drifting in a LOWER TOP & LOWER bottom fashion yet it missed 3 week

The intraday scale it has been oscillating within the declining channel formation - Tradebulls Sec

On the daily scale nifty formed yet another bearish candle as it slipped below its previous days low & ended the day on a weak note. Though the on the intraday scale it has been oscillating within the declining channel formation, a breach above 9630 would be an immediate requisite to activate the pattern. With the intermediate support zone at a proximal distance now a reversal on the daily

Near support junction - Sharekhan

Market on June 14, 2017

The Nifty in the beginning of the session had faced resistance near the crucial hourly Moving Averages & had tumbled down. Nevertheless the index found support near the junction of lower end of the falling channel & the 20 DMA, which threw the index up again. Consequently Nifty has formed a Dragonfly Doji on the daily ch

NIFTY wallets around the GOLDEN ratio, HOLDS 9600 levels by a whisker - GEPL

Key Highlights:

NIFTY wallets around the GOLDEN ratio, HOLDS 9600 levels by a whisker….

* The NIFTY opened @ 9621.55, UP by around 15 points over Tuesday. The first half of the trading session belonged to the BEARS, as they continued with the drift from earlier day. In the process, NIFTY created a 2 week LOW @ 9580.45