We expect some consolidation in Nifty now, but the trend would remain positive - Religare Sec

Nifty Outlook

Nifty settled almost unchanged in a range bound session, taking a break after two days of up move. Recovery in metal pack was highlight of the day while mostly sectoral indices traded in line with the benchmark and ended flat. However, there was no shortage of opportunities on stock specific front.

We expect some consolidation i

We expect the index to rally towards our projected target zone of 9600 - Angel Broking

Sensex (30595) / Nifty (9526)

The Nifty index consolidated in a narrow range yesterday and ended the session with minor gains of 0.14 percent. However, we saw stock specific momentum yesterday in some of the index heavyweights which continued to trade with positive bias. The Nifty Metal index was clearly the outperformer as Tata Steel posted gains of o

A breach below 9400 could distort the ongoing momentum - Tradebulls Sec

Nifty has managed to sustain above the channel formation & has conquered the 9500 mark. But the trend strength indicator (RSI) has been quoting an overbought state now on the daily scale.A breach below 9400 could distort the ongoing momentum & hence could serve as a trailing stop for the leveraged longs. Momentum traders should maintained as a trailing stop strategy for existing longs.<

Markets to make a cautious but positive start - LKP Sec

Domestic Market View

Markets to make a cautious but positive start

The Indian markets rallied in the last session to a fresh record high on some good earnings as well as macro indicators. Today, the start of the day is likely to be in green but the mood may turn cautious, as the United Nations has revised dow

Marching higher - Sharekhan

Market on May 16, 2017

The Nifty opened gap up today & witnessed follow through buying. Consequently Nifty scaled smartly & achieved our short term target of 9500. The key psychological mark has been crossed on closing basis today. Thus the bar can now be raised to 9655 from short term perspective. The medium term target remains at 9850. The be

NIFTY closes at a new all-time closing HIGH - GEPL

Key Highlights:

NIFTY closes at a new all-time closing HIGH, as pattern targets to 9670 open-up. BULLS keep the momentum afloat.…

* The NIFTY opened @ 9461, GAP-UP by about 16 points over Monday. The market continued its Bullish mood and breached the all time HIGH of 9450 in opening trade itself. In the 1st half Nifty

The intraday supports for the Nifty Bank index are placed around 22727 and 22578 - Angel Broking

Sensex (30583) / Nifty (9512.25)

Clearly, there is no stopping for our markets as we saw small dip towards the fag end of the previous week got bought into. Markets continued their fabulous run and in the process, the Nifty has now achieved yet another milestone of 9500, which was very much on cards. Yesterday, we witnessed a good broad-based rally in

We suggest staying with the trend and focusing on stock selection - Religare Sec

Nifty Outlook

Jubilation continues as Nifty gained nearly a percent and made a new record high above 9500. Initially, the encouraging export figures boosted the sentiment which latter gained momentum, thanks to the latest update on monsoon. The IMD has shared possibility of early arrival of monsoon in Kerala, which cheered the participants and triggere

Trend strength indicator is placed at 68.06 and is yet to register an overbought state - Tradebulls Sec

On Daily scale, Nifty managed to trade above the upper bound of the ongoing 'Channel'. Trend strength indicator is placed at 68.06 and is yet to register an overbought state. On the lower side 9300 remains a key support zone for the week and a breach below the same could drag the index towards the lower bound of the channel support at 9200. Momentum traders should maintained as a traili

Markets to make a flat-to-positive start - LKP Sec

Domestic Market View

Markets to make a flat-to-positive start

The Indian markets in a steady day of trade managed gains of around half a percent in last session. Decline in inflation raised hopes of rate cut by the RBI and propelled the markets to fresh all time highs. Today, the start is likely to be in gree

Climbing up - Sharekhan

Market on May 15, 2017

The Nifty opened gap up today & attempted to stretch higher. The index had seen a minor degree correction in the last session, which had taken support near the key hourly Moving Averages. The MAs acted as a spring board from where the index has jumped up. Also the index has taken support near a rising trendline & has boun

We reiterate our bullish view on markets and suggest maintaining stock specific trading approach - Religare Sec

Nifty Outlook

Nifty settled with decent gains in a range bound session, continuing its uptrend. It opened gap up, thanks to latest inflation figures but profit taking capped the upside as session progressed. Mostly sectoral indices ended firm in line with the benchmark and the market breadth too showed the tremendous strength despite volatility.

We continue with optimistic stance on the market and expect projected level of 9600 - Angel Broking

Sensex (30322) / Nifty (9445)

Our markets started the proceedings for the week on a cheerful note on the back of positive global cues. Subsequently, we witnessed a range bound movement in a tight band to conclude the session at the highest close ever. Undoubtedly, Metal conglomerates fuelled this up move along with some of the Pharmaceutical stocks tha

The NIFTY now trades above all the three averages - GEPL

Observations:

1. As on 12.5.2017, the long term moving averages stand as below: 50 DMA @ 9158, 100 DMA @ 8816, 200 DMA @ 8675. 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 getting stronger with the passing day.

2. The FII trend is indicating further

Trading mean reversion could be prudent with minor stops to avoid whipsaws during the week - Tradebulls Sec

NIFTY WEEKLY

* On weekly scale, though there is no firm reversal sign, oscillation within the ongoing channel range could not be ruled out

* Weekly RSI has entered the overbought territory for the first time since September 2016

* Highest Put OI continues at 9000 followed by 9200 which coincides with the lower end of the channel sup

Positive outlook - Sharekhan

Market on May 12, 2017

The Nifty opened on a positive note today but it could not build upon the early gains. Soon after the opening, it declined to test its crucial hourly Moving Averages (MA), which acted as a strong support area. The Index formed a Small Wedge over there and broke out on the upside toward the end of the session. The junction of 40Ho

On the lower side 9300 remains a key support zone for the week - Tradebulls Sec

On Daily scale, Nifty managed to trade above the upper bound of the ongoing 'Channel'. Trend strength indicator is placed at 65.01 and is yet to register an overbought state. On the lower side 9300 remains a key support zone for the week and a breach below the same could drag the index towards the lower bound of the channel support at 9200. Momentum traders should maintained as a traili

The Nifty traded dull for second day in a row and settled almost flat - Religare Sec

Nifty Outlook

Nifty traded dull for second day in a row and settled almost flat, citing mixed local cues. Participants were in the profit taking mood from the beginning and caution ahead of macroeconomic data viz. IIP and CPI inflation further added pressure. Again, the movement in broader markets kept the participants busy while mostly sectoral indice

The intraday supports for the Nifty Bank index are placed around 22500 and 22449 - Angel Broking

Sensex (30188) / Nifty (9401)

Our market seems to be enjoying its strong bull run started in the month of December after hitting a low 7893.80. Clearly, there has been no stopping since then as all minor corrections are getting bought into. During the week, the Nifty registered yet another record high of 9450.65 and eventually, despite some profit boo

Nifty IT has bounced from strong supports of sub 10,000 levels - Reliance Sec

Market Review

NIFTY re-visits to new 52 week high at 9,450 levels on back of strong move in beaten down sectors like IT, Telecom and Pharma while there was some minor profit booking in banks after a sharp run up in the past few weeks. Automobiles was the second highest gaining sector on back of strong performance from Eicher & Hero Motors. Midcap I

Nifty FMCG index has performed well in the passing week - Religare Sec

NIFTY OUTLOOK

* In continuation to its prevailing uptrend, Nifty gained over a percent and also made a new record high. However, profit booking in the last two trading sessions partially trimmed the gains.

* We have macro economic data viz IIP and CPI numbers, which are scheduled on Friday i.e. 12th May, after the market hours and markets wil

The Nifty settled almost unchanged in a dull session today - Religare Sec

Nifty Outlook

Nifty settled almost unchanged in a dull session today, taking a pause after yesterday’s up move. Jubilation continued in the early trades but profit taking in the latter half completely trimmed the gains. Meanwhile, there was no shortage of trading opportunities with noticeable buying interest in media, auto and select banks.