Test of supports - Sharekhan

Market on March 22, 2017

The Nifty opened gap down and remained under pressure. It has fallen towards a rising trendline drawn from the previous swing lows. The 8980-9000 range, which had earlier acted as a hurdle, will now assume the role of a support zone, and can attract fresh buying. As long as the support area holds on a closing basis, the bullish

Bank Nifty traded with bearish sentiments due to profit booking from traders - Tradebulls Sec

Nifty Spot View

Nifty traded with bearish sentiments in last session due to profit booking at higher levels from traders. Next important support seen at 9030 level. Nifty likely to trade with sideways sentiments in today’s sessio􀅶 on profit booking at higher levels from traders. Nifty likely to trade with sideways sentiments and 9080 at lower

We reiterate our bullish view on markets and suggest continuing with buy on dips approach - Religare Sec

Nifty Outlook

Nifty settled almost unchanged after trading volatile in a narrow range. It was a tough day for traders as mostly sectoral indices traded in line with benchmark and failed to see any directional move. Similarly, movement in cash segment was slightly skewed towards the negative side, further adding to their difficulty.

The market

The Nifty intraday supports for the index are placed around 20877 and 20781 - Angel Broking

Sensex (29485) / Nifty (9122)

Our market opened on a flat note for the second day in a row on the back of subdued movement seen across the globe. This was followed by extended bout of profit booking to test sub-9100 levels. However, a smart recovery towards the fag end trimmed major portion of losses.

Yesterday, we saw a bit of tug of war bet

Outlook bullish - Sharekhan

Market on March 21, 2017

Soon after a positive opening, the Nifty dipped to sub- 9100 levels. Nevertheless, it found support near the junction of 40HEMA and the hourly lower Bollinger Band. As expected, a fresh move on the upside emerged from those support levels. Consequently, the Nifty recovered towards the end of the session and now is about to brea

Support is placed at around 9,050 and then at 9,000 levels - Reliance Sec

Technical Research

MARKET SYNOPSIS

* Yesterday, NSE-NIFTY witnessed sharp decline in the initial trade and later spent entire session oscillating in narrow range. Finally after registering high of 9,168 and low of 9,116 levels closed the day at 9,127 mark with loss of 33 points.

* NSE Cash segment ha

The Nifty near-term supports for the index is placed in the range of 21060 - 20877 - Angel Broking

Sensex (29519) / Nifty (9127)

The new trading week started on a flat note citing mixed global cues. However, it was quite surprising to see that our markets extended Friday’s corrective move that we saw after hitting a new high of 9218.40 after US dollar index slipping towards the 100 mark. Due to decent stock specific profit booking, the Nifty e

Bank Nifty traded with bearish sentiments due to profit booking from traders - Tradebulls Sec

Nifty Spot View

Nifty traded with bearish sentiments in last session due to profit booking at higher levels from traders. Next important support seen at 9050 level. Nifty likely to trade with sideways  sentiments in today’s sessio􀅶 on profit booking at higher levels from traders. Nifty likely to trade with sideways sentiments and 9100 at

It`s a normal profit taking phase & we advise to utilise it for adding quality counters gradually - Religare Sec

Nifty Outlook

Nifty inched marginally lower today as profit taking continues citing weak global cues. In line with the benchmark index, sectoral indices too had a dull session and majority ended on flat note. Amid all, movement continued on the stock specific front which kept the participants occupied till the end.

With no major event lined u

Upside potential intact - Sharekhan

Market on March 20, 2017

The Nifty opened marginally above the daily upper Bollinger Band only to face resistance at the higher level. In the first half of the session, the index traded with a downward bias, but the selling pressure was absorbed in the second half, when the Nifty found support near the hourly lower Bollinger Band. In terms of wave stru

The NIFTY now trades above all the three averages - GEPL

NSE Nifty Spot 9160.05 Weekly UP BY 2.52%

Observations:

1. As on 17.3.2017, the long term moving averages stand as below: 50 DMA @ 8702, 100 DMA @ 8464, 200 DMA @ 8502. The NIFTY now trades above all the three averages, and the 100 DMA is now very close to a positive crossover above the 200 DMA.

2. T

The near-term support for the Nifty Bank index is placed around 21060 - 20877 - Angel Broking

Sensex (29649) / Nifty (9160)

Once again, our markets opened higher which we believe was mainly on the back of US dollar index extending its losses and inching closer to the 100 mark. However, this opening lead was very short lived as we witnessed consistent selling pressure in the market and as a result; the Nifty kept falling gradually to fill the en

Suggest focusing more on the auto, banking & NBFCs for fresh buying alongside with select FMCG & capital goods counters- Religare Sec

Nifty Outlook

Markets settled almost unchanged in a volatile session today as participants preferred to book some profit taking at higher levels. The news of GST Council clearing important legislations combined with firm global cues led a gap up start, but soon it fizzled out as traders opted to book some profit after the recent surge. Mostly sectoral

If it managed to sustain above 9050 level - Tradebulls Sec

Nifty Fut View

Nifty futures traded with firm sentiments last week tracking selling pressure in USD/INR futures prices and buying support from traders. It likely to trade with volatile sentiments in current week on profit booking at higher levels from traders. It witnessed good buying support at lower levels from traders last week which indicates conti

Extending on the upside - Sharekhan

Market on March 17, 2017

The Nifty opened gap-up above 9200 but could not build upon the early gains. The Index declined throughout the day and closed just above the daily upper Bollinger Band. Nevertheless, this is a minor correction and the larger trend still remains positive. In terms of the wave structure, the rally is getting sub-divided into lowe

Bank Nifty has next resistance at 21550 levels - Tradebulls Sec

Nifty Spot View

Nifty traded with sideways sentiments in last session due to profit booking at higher levels from traders. Next important support seen at 9080 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 trade with sideways sentiments and 9

Nifty FMCG index performed well in passing week - Religare Sec

NIFTY OUTLOOK

* Nifty, after two weeks of consolidation, surged strongly in the passing week and made a new record high above 9200.

* Favorable cues, both from the domestic and global front, helped index to witness breakout and gain nearly 2.5% .

* Markets are currently riding on the wave of optimism and we expect this continue ahea

Markets to continue the momentum with a positive start - LKP Sec

Domestic Market View

Markets to continue the momentum with a positive start

The Indian markets rallied in last session with benchmarks hitting new record highs on encouraging exports data and continued strength in rupee. Today, the start is likely to be in green and the markets will continue the momentum amid

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. Appreciation in Indian Rupee against US Dollar supported the firm sentiments throughout the session. Next important support seen at 9050 level. Nifty likely to trade with sideways sentiments in today’s session on profit booking at higher levels f