NIFTY maintains status quo, as NIFTY holds 9900 by a whisker - GEPL

Key Highlights:

NIFTY maintains status quo, as NIFTY holds 9900 by a whisker. Heavyweights participate in the rescue .….  

* The NIFTY opened @ 9945.55, once again a GAP-UP by around 48 points over Wednesday. The nervousness at higher level was amply clear right from the beginning as NIFTY traded in parity around

The nifty Trend will only end once it forms a lower high - Enrich Commodities


Asian market trading lower Nifty50 on the SGX were trading 48 points down at 9,863 indicating a gap down opening for the NSE.

Yesterday Nifty50 rose 0.07% settled at 9904.15, while the BSE Sensex index gained 0.08% 31795.46 settled with minor gains after a volatile trading session. The breadth, indicating the overall hea

The intraday supports for the Nifty Bank index are placed around 24100 and 23950 - Angel Broking

Sensex (31795) / Nifty (9904)

Yesterday, despite having muted cues from the global peers, our markets started the session on a positive note. This was mainly on the back of a strong opening from the IT giant Infosys, post its buyback announcement. However, despite this, there was no other trigger for such strong opening and hence, we got to see a perfe

Nifty Pullback near maturity- Sharekhan

Market on August 17, 2017

The Nifty, continuing with the positive momentum from last couple of sessions, opened gap up today. However the upside was restricted near 61.8% retracement of the recent fall. Presence of 20 DMA near the Golden Ratio mark created additional pressure on the higher side. Thus the minor degree pullback looks near maturity. Howev

Market participants world over are concerned over the prevailing geo-political issues - Religare Sec

Nifty Outlook

Nifty traded range bound and closed almost flat, taking a pause after the recent recovery. It hovered in a narrow range in absence of any fresh trigger however movement on stock specific front kept the participants busy. Sectoral indices too traded mixed wherein IT and Media attracted maximum buying interest.

Market participants

The Banknifty closed at 24437.70 with gaining 321.95 points - Choice Broking

Nifty Outlook

* The equity benchmark indices ended the session on a very strong note, with Nifty ended just a tad below 9900, closed higher by 103.15 points at 9897.30.

* On a daily chart, the index has given a gap up opening and moved towards south but again tested a strong support at a confluence of 50 days exponential moving average and 50

The retracement resistance of the recent correction in the Nifty Bank index is seen around 24508 - Angel Broking

Sensex (31771) / Nifty (9897)

Our markets have shown tremendous resilience at lower levels as we saw Nifty extending Monday’s bounce back rally by a fair margin yesterday. During the first half, the index consolidated in a small range; but, a strong buying interest in the latter half pushed the index higher to reclaim the 9900 mark.


Trading Pattern analysis shows nifty as bullish pattern in the charts - Enrich Commodities


Asian market trading mixed Nifty50 on the SGX were trading 7 points lower at 9,900 indicating a flat opening for the NSE.

At the close in NSE, the Nifty50 9,897.30 rose 1.05% or 103. For higher closing second day in a row, while the BSE Sensex index higher 1.02% or 321.86 closed at 31,770.89 Strong gains in metals and FM

NIFTY continues its upward momentum on 2nd consecutive day - GEPL Capital

Key Highlights:

* The NIFTY opened @ 9825.85, GAP-UP by over 31 points over Monday. In the initial hour Nifty made a Day’s low @ 9773.85 and after that it moved up gradually throughout the session with Bullish structure of Higher Tops Higher Bottoms and tested 9900 level in the final part. To shut shop, NIFTY closed @ 9897.30 UP by 103.15 points

Nifty Pullback extends - Sharekhan

Market on August 16, 2017

The Nifty is recovering from the massive fall, which it suffered in the week gone by. In today’s sessions Nifty carried forward the positive momentum from the last session thus extending the pullback. In terms of Fibonacci retracement the index is going for deep retracement of the recent fall. Nevertheless overall Techni

Nifty should hold above 9900 for further recovery else profit taking will resume - Religare Sec

Nifty Outlook

Markets recovered for second day in a row and gained over a percent. The announcement of contraction in trade deficit came in as positive but the major trigger was further easing in geo-political tension. Participants were seen following global markets closely and gained momentum in the latter half. Mostly sectoral indices traded in line

US debt level hit a record high of nearly US$13 trillion in the quarter ended June - IIFL

The Independence Day Speech by Prime Minister Narendra Modi, though devoid of any path-breaking announcements like earlier years, focused on f building a New India by 2022 where corruption would be curbed, modern infrastructure would be built and welfare would be delivered. The PM also mentioned that over Rs. 1.75 lakh crore has been deposited in banks post demonetization. The market is expecte

The Banknifty closed at 24115.75 with gaining 130 points - Choice Broking

Nifty Outlook

* Benchmark indices ended the session in the green after a week previous 5 sessions, with the Nifty ending just below 9800, ended up 83.35 points at 9794.15.

* On an hourly chart, the nifty index has tested a strong support of 20-hours exponential moving average which is also placed around 9780.

* Moreover, the momentu

Nifty should see strong closing above 9,820 levels - Enrich Commodities


Asian market trading mixed Nifty50 on the SGX were trading 17 points higher at 9,813 indicating a positive opening for the NSE.

At the close in NSE, the Nifty50 9,794.15 rose 0.86% or +83.35 to hit a new one-month low, while the BSE Sensex index higher 0.75% or 235.45 closed at 31,449.55 Most of the sectors did well and

NIFTY bounces from Fibonacci levels to move to 9800 - GEPL

Key Highlights:

NIFTY bounces from Fibonacci levels to move to 9800, before closing below the mark. Fibonacci retracement of 9711 comes to the rescue .….  

* The NIFTY opened @ 9755.75, a weekly GAP-UP by over 45 points over last Friday. The nervousness of all of the last week seemed to be a thing of the past, as

We expect this relief rally to face a strong resistance in the zone of 9820 - 9852 - Angel Broking

Sensex (31449) / Nifty (9794)

Trading for the week began on a cheerful note owing to favorable cues from the global peers. Subsequently, we saw extension of this early morning gains to eventually end the session by adding 0.86% to the bull’s kitty.

Last week, we saw Nifty falling by nearly 400 points from its weekly high and hence, the

Nifty Bulls get breathing space - Sharekhan

Market on August 14, 2017

The Nifty opened gap up today & moved higher subsequently thus providing some breathing space to the bulls. As a result Nifty managed to post a positive daily close after five consecutive negative sessions. Daily chart of Nifty shows that the near vertical fall over last few sessions had brought the index to 61.8% retracem

It just a bounce due to bargain hunting and traders - Religare Sec

Nifty Outlook

Nifty rebounded swiftly today and gained nearly a percent, indicating a breather after the recent fall. Participants took note of easing tension between the US and North Korea that triggered recovery across the globe, including our markets. Mostly sectoral indices witnessed bounce wherein realty, metal, media and pharma gained maximum. Mi

The Nifty closed the week @ 15.2 as against the levels of 11.39 - GEPL


1. As on 11.8.2017, the long term moving averages stand as below: 50 DMA @ 9774, 100 DMA @ 9538, 200 DMA @ 9003. After almost 6 months, the NIFTY has broken below the 50 DMA, though the longer term averages still remain POSITIVELY aligned .

2. On the Index Futures side, we see further reduction on the part of the FIIs. FIIs hav

The nifty key resistance levels to watch out are 9,800 and 9,850 - Enrich Commodities


Asian market trading positive Nifty50 on the SGX were trading 65.50 points higher at 9,792 indicating a gap up opening for the NSE.

At the close in NSE, the Nifty50 9,710.80 fell 1.11% or -109.45 to hit a new one-month low, while the BSE Sensex index declined 1.01% or 317.74 closed at 31,213.59 Both indexes ended nearly

The Nifty ended lower by 109.45 points at 9710.80 - Choice India

Nifty Outlook

* During Friday's trading session, the market breadth was negative, the Nifty ended lower by 109.45 points at 9710.80.

* On a daily chart, the index has given a gap down opening at the Fibonacci retracement level 61.8% and tested a upward resistance of 50 days exponential moving average which acted as strong support during t

The Nifty eventually closed tad above the 9700 mark - Angel Broking

Sensex (31214) / Nifty (9711)

Friday’s gap down opening was a typical reaction when market enters early stages of correction. It was backed by the negative news flow on the global front and also domestically, the earnings have been disappointing from the leading conglomerates. Despite some recovery in the first half, the Nifty eventually closed t

Nifty Drilling through the supports - Sharekhan

Market on August 11, 2017 Nifty witnessed a significant gap down opening today. Post the negative opening Nifty made an attempt to form a pullback however it couldn’t stage a meaningful recovery. In the second half of the session Nifty faced second round of selling pushing it below 9700 on intraday

The next week would see the last leg of the ongoing earning season - Religare Sec

Nifty Outlook

The benchmark indices continued to see selling pressure following weak global cues, as geopolitical issues remained in the lime light of the global investors. The Nifty index declined 107 points, down 1.1%. Baring healthcare and consumer durables, all other major indices ended in red led by metal, auto, banking and capital goods.