The Nifty Bank traded with positive bias as the index gained 1.35 percent for the week - Angel Broking

Sensex (31262) / Nifty (9668)

During the week gone by, the Nifty index traded in a narrow range and hence, has formed a narrow candle on the weekly chart.

For the second consecutive week, our markets continued their consolidation phase and remained within a narrow range of merely 100 points on Nifty. Due to such lackluster movement, the char

Nifty index managed to recover from lower levels - Motilal Oswal

Nifty Outlook

Nifty index managed to recover from lower levels on the last session and finally closed with the gains of 21 points. It formed a Bullish Candle with a long lower shadow on the daily chart which indicates that bulls are not ready to lose their grip and buying interest is seen on every small decline. The trend of the market in last five ses

We suggest keeping positive yet cautious approach on markets and maintain buy on dips approach - Religare Sec

Nifty Outlook

Markets ended marginally higher in a volatile trading session, tracking mixed cues. The beginning was subdued due to UK election exit polls result showing hung parliament and it remained dull for most part of the session. However, situation improved in the latter half with rebound in select index majors which helped the benchmark to recou

Nifty Auto Index settled with decent gains - Religare Sec

NIFTY OUTLOOK

* The domestic benchmark, Nifty, traded in a narrow range for the entire week as participants preferred to stay on the sideline, citing overbought market condition and mixed global cues.

* Participants are pinning hopes on progress of monsoon along with the GST roll out which are the near term triggers for the domestic market.

The intraday supports for the Nifty Bank index are placed around 23427 and 23380 - Angel Broking

Sensex (31213) / Nifty (9647)

Similar to Wednesday’s session, our benchmark index opened slightly higher yesterday as indicated by the SGX Nifty early in the morning. However, we witnessed a mild profit booking throughout the remaining part of the day to gradually sneak below the 9650 on a closing basis.

The boredom continues in the ma

At crucial juncture - Sharekhan

Market on June 08, 2017

The Nifty opened gap up today only to face resistance near the hourly upper Bollinger Band. The battle for a clear direction, which we are witnessing since last few sessions, continued for one more day. However the structure is now tilting in favor of the bears. We need to wait for some more parameters to confirm the short term

NIFTY falters once again @ pre-defined resistance - GEPL

Key Highlights:

NIFTY falters once again @ pre-defined resistance. NIFTY trades listless even as heavyweight BANKNIFTY vaults onto a fresh all time HIGHs.….

* The NIFTY opened @ 9682.40, UP by around 19 points over Wednesday. The opening 15 minutes of trade saw NIFTY once again having a take @ 9700 mark, however the B

Market mood to remain cautious on the last trading day of week - LKP Sec

Domestic Market View

Market mood to remain cautious on the last trading day of week

The Indian markets showing a lackluster trade ended marginally in red in the last session. Today, the start is likely to remain cautious and traders will be eyeing the major global developments following the mixed cues after an

Traders should remain cautious and selective in stock picking - Religare Sec

Nifty Outlook

Nifty ended with marginal losses after trading in a narrow band throughout the session, as investors remained cautious ahead of key global events like ECB’s monetary policy review and elections in UK. However, broader market indices outperformed, closing in the green. The sectoral indices exhibited a mixed trend. IT, Oil & Gas a

We reiterate advising booking profits as the index approaches the resistance zone of 9700-9720 levels - Angel Broking

Sensex (31271) / Nifty (9664)

Yesterday, we witnessed a flat opening in our market as indicated by the SGX Nifty early in the morning. Subsequently, index traded in a small range throughout the session and due to some buying momentum in late trades, the Nifty closed with marginal gains.

Despite being an event day (RBI monetary policy) our mar

The other hand, rotational buying in index majors is pushing the markets higher - Religare Sec

Nifty Outlook

Nifty settled with modest gains in a volatile trading session today, tracking mixed local cues. Initially, sentiment was positive in response to the latest IMD update wherein they’ve upgraded the South-West monsoon forecast to 98 percent of long term averages from 96 projected earlier. Also, they shared optimism over the evenly dist

Battle continues - Sharekhan

Market on June 07, 2017

The Nifty opened gap up today & wandered on either side. Ultimately the index closed near the opening for the day thus forming a Doji pattern. This indicates indecision in the minds of market participants. The bulls managed to defend the last session’s low of 9630, which will continue to be a key support from near term

Markets to get a flat-to-cautious start - LKP Sec

Domestic Market View

Markets to get a flat-to-cautious start

The Indian markets recovering from their intraday low managed a decent closing in the last session, with traders rejoicing the RBI’s decision to cut statutory liquidity ratio by 50 basis points to 20 percent, a move that will help infuse more

NIFTY BULLS give way after hitting a FRESH all time high. Pattern targets to extrapolated 9800 levels still remain OPEN - GEPL

Key Highlights:

NIFTY BULLS give way after hitting a FRESH all time high. Pattern targets to extrapolated 9800 levels still remain OPEN ….

* The NIFTY opened @ 9704.25, a FRESH all time HIGH, UP by 30 points over Monday. The opening minute of actual trade in itself saw the HIGH of the day created @ 9709.30, and then i

Bears looking to take over - Sharekhan

Market on June 06, 2017

The Nifty opened gap up today above 9700 mark. However it couldn’t sustain over there & suffered significant selling. Consequently the index has formed a Bearish Outside Bar along with an Engulfing Bear candle on the daily chart. In terms of price patterns, Nifty formed an Ending Diagonal pattern on the hourly chart &a

A breach below 9570 would disable the pennant formation & hence serves as a trailing stop for longs - Tradebulls Sec

Nifty remains confined ahead of the RBI Monetary Policy as most of its price action remained within the 3days average trading range. Though it continued to register fresh high a breach below yesterdays low disturbs the sequence. A breach below 9570 would disable the pennant formation & hence serves as a trailing stop for longs. On the flip side Nifty has not yet witnessed decisive momentum

The intraday supports for the Nifty Bank index are placed around 23225 and 23090 - Angel Broking

Sensex (31191) / Nifty (9637)

Yesterday, we witnessed a gap up opening by a small margin above the 9700 mark. However, index struggled in the initial hours as we saw decent profit booking at higher levels. In fact, this corrective move extended as the day progressed and eventually, the Nifty went on to close almost at the lowest point of the day.

Traders and Investors should remain cautious and selective in stock picking - Religare Sec

Nifty Outlook

After a positive start, the benchmark indices witnessed profit taking at higher levels. The Nifty slipped from a record high of 9,709 and closed on a weak note, as investors remained cautious ahead of RBI monetary policy. Broader market indices also witnessed correction. Amongst the sectors, Consumer Durables, Power, Realty and FMCG dragg

Crawling towards north - Sharekhan

Market on June 05, 2017

The Nifty opened on a flat note today and subsequently crossed the swing high of 9673.50. However, the ascent was restricted near a trendline from the previous swing highs. The benchmark index is losing pace on the way up. Nevertheless, the structure is still in favor of the bulls. In terms of the wave structure, the Nifty is fo

The coming session is likely to trade with some volatility on the back RBI monetary policy - Angel Broking

Sensex (31309) / Nifty (9675)

Trading for the week began on a flat note as indicated by the SGX Nifty. Subsequently, we witnessed narrow range activity in the index with a positive bias. Eventually, the Nifty ended the session tad below the 9700 mark.

The consolidation continues in our market and this is very much in line with our expectation

NIFTY Bulls hold onto foray, as it hits a FRESH all time high - GEPL

Key Highlights:

NIFTY BULLS hold onto foray, as it hits a FRESH all time high. Pattern targets to extrapolated 9800 levels OPEN ….

* The NIFTY opened @ 9656.30, minorly UP by 3 points over last Friday. The weekend seemed to have freshened UP the BULLS, as after 2-3 sluggish sessions the BULLS were back to their OWN as

Nifty remained confined within its previous day`s session for most part of the day - Tradebulls Sec

Fresh highs with sustained up move highlight the ongoing strength in the trend. Though Nifty remained confined within its previous day’s session for most part of the day, the sequence of higher lows remained intact. A breach above 9640 could extend the rally towards 9740 while a sustained breach below its previous day’s low of 9570 would distort the ongoing sequence. Momentum trader

The benchmark indices could continue to consolidate ahead of the crucial RBI monetary policy - Religare Sec

Nifty Outlook

Nifty ended with marginal gains after trading in a narrow band throughout the session. The broader markets continued their outperformance, registering decent gains. Barring Metals, Power and Healthcare, all the other sectoral indices ended in the green with Consumer Durables being a top performer (up 5.8%), followed by Realty, Consumer Di