Markets to make a soft-to-cautious start on somber global cues - LKP Sec

Domestic Market View     

Markets to make a soft-to-cautious start on somber global cues

The Indian markets rallied in last session posting gains of over half a percent on the hopes of a rate cut by RBI in its next policy meeting on Wednesday. Today, the start is likely to be a bit cautious on m

The intraday supports for the Nifty Bank index are placed around 20220 and 20070 - Angel Broking

Sensex (28439) / Nifty (8801)

A cheerful mood across the globe led to a strong gap up opening in our market. However, the Nifty index consolidated immediately after testing the 8800 mark for the first time since October 05, 2016. At the end, the Nifty managed to close tad above this psychological point by gaining 0.69% over its previous day’s clo

If Bank Nifty trade firm then it may test next resistance of 20780 levels - Tradebulls Sec

Nifty Spot View

Nifty traded with firm sentiments in last session tracking positive global cues and buying support from traders. Next important resistance seen at 8870 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 sentime

Stretching higher - Sharekhan

Market on February 06, 2017: Support @ 8770

In today’s session, the Nifty opened on a positive note with a gap on the upside. After consolidating in a narrow range for the last couple of sessions, the Nifty broke out from the range on the upside. The hourly chart shows that the Nifty formed a triangular pattern and broke out on the upside with a

Bank Nifty traded with firm sentiments due to buying support from traders - Tradebulls Sec

Nifty Spot View

Nifty traded with sideways sentiments in last session due profit booking at higher levels from traders. Next important resistance seen at 8830 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 8

Market is offering a fresh opportunity to those who have missed the recent surge -Religare Sec

Nifty Outlook

Nifty traded sideways on expected lines and settled on flat note today, mirroring the last session's move. However, buying continued on the stock specific front with major focus on Midcap and Smallcap space. Among the sectoral indices, PSU banks attracted maximum buying interest followed by media counters. Besides, recovery in select

Nifty made a strong recovery to begin the New Year - Religare Sec

Outlook for Nifty 50 (8724.35)

* Nifty made a strong recovery to begin the New Year and gained over 4.5%, thanks to favorable domestic cues and supportive global markets.

* It largely maintained its positive tone throughout the month and gradually scaled from 8185.80 to 8672.70 and finally settled at 8561.30. Almost all the sectoral indices p

Buy Nifty Future February around 8680 Target 8850/8950 Stop loss 8550 - Tradebulls Sec

Nifty Fut View

Nifty futures traded with firm sentiments last week tracking bearish USD/INR futures prices and buying support at lower levels from traders. It likely to trade with firm sentiments in current week as well on buying support at lower levels from traders. It witnessed buying sentiments and managed to hold the gains at higher levels at end o

Muted session - Sharekhan

Market on February, 03 2017: Support @ 8685

The Nifty in today’s session opened marginally positive. It traded in a narrow range throughout the session but ultimately ended slightly positive. In terms of bar patterns, the Nifty has formed a bullish inside bar on the daily chart. The sideways activity since the last couple of sessions can take for

Nifty reacted positively to the Union Budget and gained over a percent in the passing week - Religare Sec

NIFTY OUTLOOK

* In continuation to its prevailing up trend, Nifty reacted positively to the Union Budget and gained over a percent in the passing week.

* Next week, we have RBI monetary policy scheduled on the 8th February and countdown for the state elections will also begin.

* Technically, Nifty is well placed on multiple chart fr

Nifty maintains 8700 second day on trot - GEPL

Key Highlights:

 The NIFTY opened @ 8724.75, marginally UP by around 8 points over Wednesday. The NIFTY seemed a bit lax till noon, in fact till 1 PM; a fall out of the stellar performance of the budget day. However as the day progressed, the BULLS seemed to be back in action after their due rest. Maintaining the 8700 level for a second day on tr

The intraday supports for the Nifty Bank index are placed around 19800 and 19655 - Angel Broking

Sensex (28227) / Nifty (8734)

A strong rally post the Union budget announcement was followed by a quiet session for our markets. We saw Nifty consolidating throughout the day in a range of nearly 70 points, however, the overall bias remained strongly positive, which was an encouraging sign for market participants. Eventually, the index managed to close

We expect today's pause in index to extend further - Religare Sec

Nifty Outlook

Markets settled on flat note in a range bound session today, taking a breather after Wednesday's surge. In line with the index, mostly sectoral indices also hovered in a narrow range and ended unchanged. Amid all, movement continued on stock specific front, which kept the traders busy till end.

We expect today's pause in

Nifty takes a pause - Sharekhan

Market on February 02, 2017: Support @ 8672

The Nifty in today’s session opened marginally positive. After the muted opening, it scaled above the 78.6% retracement mark, ie 8740. However, it couldn’t sustain in the higher territory and closed below the key Fibonacci level. Once the level of 8740 is breached on a closing basis, the Index wil

Nifty crosses the hurdle @ 8700 as a benign Union Budget fuels optimism… - GEPL

Key Highlights:

* The NIFTY opened @ 8570.35, marginally UP by around 11 points over Tuesday. The NIFTY seemed quiet nervous before & during the Union budget speech as it held onto the 8550 mark. However just as the budget speech was about to close, the BULLS put their best foot forward. Rising in strength with each moment passing, the NIFTY buzzed

The near term supports for the Nifty Bank index are placed around 19800 and 19655 - Angel Broking

Sensex (28142) / Nifty (8716) 

Finally, our Finance Minister presented the Union Budget for FY 2017 – 2018, which was much awaited event for the market participants. Last year our markets bottomed out on the Budget day and this time, we witnessed a massive intraday up move post the announcement to add another 1.81% to the recent upward leg o

Markets to make a soft-to-flat start after big rally of last session - LKP Sec

Domestic Market View     

The Indian markets went for a rally on the big day of budget and the major benchmarks surged close to two percent, getting relief from the budget where there was no hike in STT and the long term capital gains rules were untouched. Today, the start is likely to be mildly soft-to-cautious and consolidation mood ma

Bulls gain an upper hand - Sharekhan

Market on February 01, 2017: Support @ 8672

The Nifty in today’s session rallied significantly and formed a bullish outside bar on the daily chart. Our intra-day buy recommendation initiated at the opening near 8574 yielded a profit of 58 points and was booked at 8632. Towards the end of the session, our positional buy recommendation got initiate

Markets to make a flat start of the Budget day - LKP Sec

Domestic Market View     

Markets to make a flat start of the Budget day

The Indian markets reacting negatively to economic survey’s cut in GDP growth projections ended with lower by over half a percent in last session. Today, the start of the big day of budget is likely to remain cautious

Nifty slips below 8600 mark on the eve of the Union Budget 2017 - GEPL

Key Highlights:

* The NIFTY opened @ 8629.45, marginally DOWN by around 6 points over Monday. The NIFTY made a day’s high @ 8631.75 in a very initial moments of the session and after that it formed Lower Top Lower Bottom formation and moved to downward direction throughout the day and closed below the 8600 level. To shut shop Nifty closed @ 8561.