The week ended on a strong note and we feel it`ll continue next week as well - Religare Sec

Nifty Outlook

Nifty maintained its momentum on Friday as well and made a new record high above 9600. To start with, surge in select index heavyweights triggered a firm opening, in continuation to yesterday’s rebound, which later gained momentum with buying interest in cash segment. Metal ruled the sectoral pack today, closely followed by energy,

The Nifty saw a sharp recovery from the value zone near 9360 - Tradebulls Sec

As expected Nifty saw a sharp recovery from the value zone near 9360 as the 'Resistance becoming Support' theory remained valid yet another time. The sharp rebound near the value zone resulted into a fresh impulse move which could see an extension towards 9740 on an immediate basis. With no signs of a negative divergence on RSI and its placement below its overbought zone compliments the

The intraday supports for the Nifty Bank index are placed around 23245 and 23090 - Angel Broking

Sensex (31028) / Nifty (9595)

Finally, 9600 is a reality now as we saw markets continuing their optimism for the second consecutive day. The rally was clearly propelled by the Metal conglomerates that started shining back after a recent underperformance. This was supported by other heavyweight sectors, like, the Oil & Gas and Banking. Eventually, t

Aiming higher - Sharekhan

Market on May 26, 2017

Over last few sessions, the Nifty had formed a Bullish Wedge pattern on the hourly chart, which had broken out on the upside in the last session. Today, the index witnessed a sharp follow-through on the upside. On the way up, the all-time high of 9532 has been surpassed and the index briefly crossed the 9600 mark. In terms of the

Market looks positive with Q4 earnings and early arrival of monsoon - Amrapali Aadya Trading & Investments

Below is the views on Market looks positive with Q4 earnings and early arrival of monsoon by Mr. Abnish Kumar Sudhanshu, Director & Research head, Amrapali Aadya Trading & Investments

GST rates led the indices to began the week on positive note. But, street sentiments turned shower following the geo political tension on the borders, pushing the indic

Nifty saw a sharp recovery from the value zone near 9360 - Tradebulls Sec

NIFTY (MONTHLY)

*  Fresh breakout and follow through move raises the probability of an extenstion towards the 'Harmonic pattern' target around 10011

*  Secular uptrend to remain firm until the support trendline (9300) stands unviolated on the intermediate scale and remains a key level to gauge strength of the ongoing trend

It was the banking pack which led the recovery equally supported by auto, IT and financial sector - Religare Sec

Nifty Outlook

It was an exceptional F&O expiry day for the markets as Nifty gained over one & half percent and also reclaimed 9500. The sentiment was upbeat from the beginning, taking cues from the Fed meeting minutes, wherein indications were mixed on rate hike in June. It further gained momentum in the latter half, partially due to strong sur

Nifty surged against all odds as it regained 9500 level - Tradebulls Sec

Nifty surged against all odds as it regained 9500 level backed by strong recovery in the private banking stocks. Nifty once again breached the resistance line of ongoing trend channel and settled above the same. Next crucial resistance for Nifty spot is seen at 9540 levels while support seen at 9470 level for the coming sessions. Breach of immediate resistance of 9540 will accelerate the moment

The intraday supports for the Nifty Bank index are placed in the range of 22978 - 22900 - Angel Broking

Sensex (30750) / Nifty (9510)

It was a kind of day that we were looking for since last 2-3 days. Our markets opened higher and immediately added some gains in the initial hours. Subsequently, we witnessed some consolidation in the market; but, the moment Nifty surpassed the intraday hurdle of 9420, we witnessed a sort of gush in the market. As a result

Bulls back in action - Sharekhan

Market on May 25, 2017

The Nifty opened on a positive note today and since the start, the session was completely dominated by the bulls. Consequently, the benchmark index witnessed a strong recovery in today’s session. In terms of the price pattern, the Nifty had formed a Bullish Wedge on the hourly chart over the last few sessions. The index tod

The ongoing sequence of higher tops & higher bottoms remain intact unless 9200 holds - Tradebulls Sec

Occurrence of a ‘Doji’ candlestick pattern near the upper end of the weekly channel coupled with the RSI regression from the overbought zone warranted towards a pause in momentum & a likely correction. On the daily scale the theory of 'Resistance becoming Support' has been evident in the past. The ongoing sequence of higher tops & higher bottoms remain intact unless

Nifty closes at the Immediate Support @ 9370 - GEPL

Key Highlights:

NIFTY closes at the Immediate SUPPORT @ 9370. Expiry pressures may maintain status-quo, even as broader markets give way …

* The NIFTY opened @ 9410.90, UP by around 25 points over Tuesday; once again in the GREEN, as global peers moved a bit into the risk-off zone. Quiet similar to Tuesday, the market

We reiterate our cautious view on markets and suggest limiting leveraged positions - Religare Sec

Nifty Outlook

Markets remained under pressure for yet another day and closed marginally lower amid volatility. Traders really had a tough session as stocks were beaten down badly across the board. Among the sectoral pack, PSU banks and metal indices lost maximum closely followed by pharma and infra counters. The news of acceleration of tension with Pak

The intraday supports for the Nifty Bank index are placed around 22450 and 22325 - Angel Broking

Sensex (30302) / Nifty (9361)

Yesterday, we witnessed a flat opening in our market; however, the index remained under pressure for the major part of the day on the back of some geopolitical concerns on the domestic front. As a result, the Nifty eventually ended the session with a decent cut below the 9400 mark.

Due to yesterday's correcti

Weakness persists - Sharekhan

Market on May 24, 2017

The Nifty opened on a positive note today and made an attempt to break out from the Bullish Wedge pattern on the hourly chart. However, the index faced resistance near the key hourly Moving Averages and tumbled. The Bullish Wedge pattern can now be redrawn at the point where the Nifty has completed the last leg of the pattern in

Supports getting tested - Sharekhan

Market on May 23, 2017

Despite a positive opening for the Nifty, the bears dominated the entire day. The Nifty tumbled to test multiple supports. Nevertheless, the bulls managed to hold on to the 20DMA on a closing basis. For the day, 9400-9370 acted as a strong support zone. In terms of price patterns, the Nifty has formed a Bullish Wedge on the hourl

The intraday supports for the Nifty bank index are placed around 22450 and 22325 - Angel Broking

Sensex (30365) / Nifty (9386)

Yesterday, despite having favorable cues, our markets opened flat and corrected sharply in the initial hour to retest Friday’s low of 9390.75. Subsequently, we witnessed a decent recovery in the midst of the session; however, once again a strong selling pressure at higher levels dragged the index lower to test the s

The ongoing sequence of higher tops & higher bottoms remain intact unless 9200 holds - Tradebulls Sec

On the daily scale the theory of 'Resistance becoming Support' has been evident in the past. The ongoing sequence of higher tops & higher bottoms remain intact unless 9200 holds. The decline towards 9360-9260 zone could find meaning full support during the week. We expect broad ranged action within the range of 9480-9260 & hence we continue to advocate mean reversion strategy fo

We suggest maintaining cautious view and keep the leveraged positions - Religare Sec

Nifty Outlook

Nifty settled half a percent down in a volatile trading session, continuing its corrective phase. The news of terror attack in Manchester, England triggered weak start but recovery in select index majors in the middle helped index to recoup losses. However, sentiment soured again in the latter half, in reaction to the latest update by the

The Nifty FMCG index ended up 3.6 percent after touching a record high earlier in the session - Kedia Commodity

Market Update

Indian shares closed marginally higher on Monday, with consumer stocks leading the gains as sentiment remained upbeat after the government finalised rates for the upcoming Goods and Services Tax. The broader Nifty closed 0.11 percent higher at 9,438.25, while the benchmark Sensex ended 0.35 percent up at 30,570.97. The Nifty FMCG index en

NIFTY remains on tenterhooks, even as heavyweight ITC puts the canons - GEPL

Key Highlights:

NIFTY remains on tenterhooks, even as heavyweight ITC puts the canons. NIFTY remains little changed at the end .…

* The NIFTY opened @ 9480.25, once again a GAP-UP by 52 points over last Friday; as global peers moved a bit into the risk-off zone. The first hour saw NIFTY having a take at the 9500 mark,