MENU

Enrich Commodities India Pvt.Ltd

Published on 16/07/2019 9:01:15 AM

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11550. The downside rally could be testing all the way up to 11400-11300 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 11700-11770 levels. Key resistance holds at 11770.

Click Here- https://bit.ly/2LnF7ix

 Visit www.enrichbroking.com/research/

Enrich Commodities India Pvt.Ltd

Published on 16/07/2019 9:00:49 AM

NIFTY MORNING OUTLOOK

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11582.50 -4 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.31%, while the BSE Sensex 30 index climbed 0.41%.

The biggest gainers of the session on the Nifty 50 were Infosys Ltd, which rose 7.24% or 52.65 points to trade at 779.35 at the close. Sun Pharmaceutical Industries Lt

d. added 3.12% or 12.70 points to end at 422.95 and UPL Ltd was up 2.85% or 17.95 points to 647.40 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 4.35% or 29.00 points to trade at 638.95 in late trade. IndusInd Bank Ltd. declined 2.39% or 36.05 points to end at 1475.10 and Larsen & Toubro Ltd shed 1.83% or 26.85 points to 1440.60.

The breadth, indicating the overall health of the market, 1538 fell and 837 advanced, while 155 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.01% to 68.545.

 

Click Here- https://bit.ly/2LnF7ix

 Visit www.enrichbroking.com/research/

Enrich Commodities India Pvt.Ltd

Published on 15/07/2019 9:33:13 AM

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11500. The downside rally could be testing all the way up to 11400-11300 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 11680-11770 levels. Key resistance holds at 11770.

Click Here- https://bit.ly/2JGP7Qr

Visit www.enrichbroking.com/research/

Enrich Commodities India Pvt.Ltd

Published on 15/07/2019 9:30:49 AM

NIFTY MORNING OUTLOOK

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11576 +29.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.26%, while the BSE Sensex 30 index fell 0.22%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd, which rose 1.96% or 49.20 points to trade at 2569.80 at the close. Vedanta Ltd added 2.41% or 3.95 points to end at 167.65 and Sun Pharmaceutical Industries Ltd. was up 2.36% or 9.40 points to 407.70 in late trade.

Biggest losers included Wipro Ltd, which lost 2.97% or 7.95 points to trade at 258.95 in late trade. Oil and Natural Gas Corporation Ltd declined 2.74% or 4.20 points to end at 149.70 and Bajaj Finance Ltd shed 2.00% or 69.05 points to 3377.50.

The breadth, indicating the overall health of the market, 1214 fell and 1137 advanced, while 142 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.38% to 68.660.

Click Here- https://bit.ly/2JGP7Qr

Visit www.enrichbroking.com/research/

Enrich Commodities India Pvt.Ltd

Published on 12/07/2019 9:07:57 AM

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11630. The upside rally could be testing all the way up to 11720-11800 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 11450 level. Key support holds at 11450.

Click Here- https://bit.ly/2Y4wO0K

 Visit www.enrichbroking.com/research/

Enrich Commodities India Pvt.Ltd

Published on 12/07/2019 9:07:45 AM

NIFTY MORNING OUTLOOK

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11574.50 -7.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.73%, while the BSE Sensex 30 index added 0.69%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 7.59% or 25.25 points to trade at 354.80 at the close. JSW Steel Ltd added 4.96% or 12.65 points to end at 267.30 and Hero MotoCorp Ltd was up 4.59% or 110.05 points to 2507.80 in late trade.

Biggest losers included Tech Mahindra Ltd, which lost 1.41% or 9.50 points to trade at 665.70 in late trade. Bajaj Auto Ltd declined 1.22% or 33.40 points to end at 2711.70 and ICICI Bank Ltd shed 1.17% or 5.05 points to 426.55.

The breadth, indicating the overall health of the market, 1180 rose and 1156 declined, while 148 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.08% to 68.455.

Click Here- https://bit.ly/2Y4wO0K

 Visit www.enrichbroking.com/research/

Enrich Commodities India Pvt.Ltd

Published on 11/07/2019 9:43:08 AM

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11460. The downside rally could be testing all the way up to 11380-11300 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 11700 level. Key resistance holds at 11700.

Click Here- https://bit.ly/2G4W0KE

 Visit www.enrichbroking.com/research/

Enrich Commodities India Pvt.Ltd

Published on 11/07/2019 9:42:45 AM

NIFTY MORNING OUTLOOK

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11542 +47.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.49% to hit a new 1-month low, while the BSE Sensex 30 index lost 0.45%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 2.08% or 1.90 points to trade at 93.00 at the close. Coal India Ltd added 1.70% or 3.90 points to end at 233.35 and Sun Pharmaceutical Industries Ltd. was up 1.05% or 4.05 points to 392.20 in late trade.

Biggest losers included Bajaj Finance Ltd, which lost 5.11% or 184.10 points to trade at 3429.05 in late trade. Indiabulls Housing Finance Ltd declined 4.28% or 29.40 points to end at 659.60 and Bharat Petroleum Corp. Ltd. shed 2.85% or 10.25 points to 349.60.

The breadth, indicating the overall health of the market, 1447 fell and 904 advanced, while 137 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.03% to 68.570.

Click Here- https://bit.ly/2G4W0KE

 Visit www.enrichbroking.com/research/

 

Enrich Commodities India Pvt.Ltd

Published on 10/07/2019 8:57:23 AM

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up sideways in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11500. The downside rally could be testing all the way up to 11400-11300 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 11680-11800 levels. Key resistance holds at 11800.

Click Here - https://bit.ly/2NHgA9T 

Visit www.enrichbroking.com/research/

Enrich Commodities India Pvt.Ltd

Published on 10/07/2019 8:57:07 AM

NIFTY MORNING OUTLOOK

 

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11562 +0.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.02% to hit a new 1-month low, while the BSE Sensex 30 index added 0.03%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finance Ltd, which rose 5.59% or 190.70 points to trade at 3603.10 at the close. Sun Pharmaceutical Industries Ltd. added 5.51% or 20.20 points to end at 386.40 and Indian Oil Corporation Ltd was up 5.73% or 8.25 points to 151.40 in late trade.

Biggest losers included Titan Company Ltd, which lost 12.25% or 153.45 points to trade at 1098.95 in late trade. UPL Ltd declined 3.55% or 23.50 points to end at 640.05 and GAIL Ltd shed 2.45% or 3.70 points to 147.10.

The breadth, indicating the overall health of the market, 1214 fell and 1138 advanced, while 148 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.06% to 68.595.

Click Here - https://bit.ly/2NHgA9T 

Visit www.enrichbroking.com/research/