MENU

Ventura Securities Ltd

Published on 3/06/2020 1:23:09 PM

Nifty-10105 View: Range bound Initiate a short Straddle for HTE. Sell 1 lot of NIFTY 04 JUN 2020 CE 10100 at 80. Sell 1 lot of NIFTY 04 JUN 2020 PE 10100 at 64. Max Profit Rs.10800/- (144*75).BEP 10244 & 9956. SL?219 (144+75) Max Loss Rs.5625/-. VENTURA 

SMS subject to  Disclosures and Disclaimer goo.gl/8bCMyQ

Geojit Financial Services Ltd.

Published on 3/06/2020 12:12:45 PM

 

Nifty Outlook:

Though there was early weakness, the 9788 region that was suggested as a turnaround point yesterday was quite formidable enough to prompt an upswing as early as 9824. The expected outcome of such a move, as discussed yesterday was a direct rise to 10000, and then to 10400. Having tested 9995.45 yesterday, the move towards 10400 is pending and should be in play today. Risk to downsides start from 9923.

Click Here - https://bit.ly/3gPTQiI

Please refer disclaimer at www.geojit.com
SEBI Registration number is INH200000345

Geojit Financial Services Ltd.

Published on 3/06/2020 12:11:17 PM

Nifty outlook

A near 10% build in index future longs by FIIs matches similar build in index future shorts on Monday, but with this index future proportion is more than 60 percent, which is rarely sustainable. Their call long positions have also continued to rise. Nifty option spectrum shows that 10000 was the most active call strike with long additions mostly in the neighbourhood of spot, and not much excitement is seen in far OTMs, with 11000 seeing short build up, as did 9900. Meanwhile, put traders were seen continuing to add shorts, most of them centering 9800 and a strike above and below it. All of this suggests that traders are not looking too far ahead, and the burden of expectation is concentrated. Therefore, should a weakness emerge, the turn lower could be swift, but not necessarily deep.

Click Here - https://bit.ly/3cs7GEx

Please refer disclaimer at www.geojit.com
SEBI Registration number is INH200000345

Tradebulls Securities (P) Ltd

Published on 3/06/2020 12:09:59 PM

Nifty

Nifty is now knocking at the 10000 mark after almost crashing down post 13Mar2020. Despite the mammoth rally of 900 points since last Tuesday its daily RSI is placed at 65 & yet to be considered oversold while the relative ratio of its components is also improving day by day. Hence in the coming weeks expect demand to overrule supply as the index could continue its momentum towards anticipated level of 10220 or can even extend its gains towards 10550 (200 DEMA) zone. Longs to be maintained until 9370 holds & revised further in alignment with the ongoing upmove. Hence expect the index to maintain its bullish mode towards 10220 zone immediately. On the flipside a breach below 9680 would only fizzle out the ongoing bullish mode & push the index into a consolidation mode. Short term traders should maintain their longs with a Stop below 9680 & review them once around 10220.

Click Here - https://bit.ly/2Xq9ObE

Please refer disclaimer at https://www.tradebulls.in/Static/Disclaimer.aspx

Swastika Investmart Ltd

Published on 3/06/2020 11:50:07 AM

Banknifty (Spot):

Banknifty is also showing decent strength where it is likely to head towards the 21000- 21500 zone. In the downside, 20000 is immediate and strong support which should be used as a trailing SL for long positions.

Click Here - https://bit.ly/3eLc17f

Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

Swastika Investmart Ltd

Published on 3/06/2020 11:49:48 AM

Technical Outlook:

Nifty (Spot):

The market is in strong bullish momentum and Nifty is likely to open above hurdle of 10000 where it may head towards the next important hurdle of 10300. In the downside 9800 has become a strong base that should be trailing SL for long positions.

Click Here - https://bit.ly/3eLc17f

Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

ICICI Securities

Published on 3/06/2020 10:43:00 AM

Technical Outlook

Equity benchmarks extended gains over fifth consecutive session as Nifty rose 153 points or 1.6% and settled at 9979. In the coming session, the index is opening on a positive note on the back of strong global cues. The bias continue to remain positive as the index forming higher highlow. Hence, after positive opening, use intraday dips towards 9955 - 9982 for creating long position for target of 10074.

The index is likely to witness a gap up opening above psychological mark of 10000, indicating continuance of upward momentum. Going ahead we believe, index need to decisively close above intermediate resistance of 10160 for further up move, as on 13th March index had arrested intraday pullback of ~18% at 10160, which would now act as immediate resistance. Failure to close above 10160 would lead to temporary breather as over past five sessions Nifty has rallied ~1000 points, hauling daily stochastic oscillator in overbought territory (95), indicating possibility of temporary breather cannot be ruled out.

Click Here - https://bit.ly/2ADjmXy

Please refer disclaimer at https://www.icicisecurities.com/AboutUs/?ReportID=10445

Motilal Oswal Financial Services Ltd

Published on 3/06/2020 10:41:57 AM

Bank Nifty Outlook

Bank Nifty continued its winning streak for sixth consecutive session and rallied by around 19% in just six trading sessions. It concluded the session a tad above 20500 mark and formed a bullish candle on daily chart. We also witnessed positive crossover of 5 DEMA and 20 DEMA along with higher high – higher lows formation which has bullish implication. At current juncture, RSI oscillator is moving northward on both daily and weekly chart and thus showing strength in the index. Considering overall chart structure, we may see further bounce in Bank Nifty towards 21300 and then 22000 marks, while supports are inching higher to 20000 and 19600 zone.

Click Here - https://bit.ly/36TMdTC

For More Motilal Oswal Securities Ltd Disclaimer http://onlinetrade.motilaloswal.com/emailers/Disclaimer3.html 
SEBI Registration number is INH000000412

Motilal Oswal Financial Services Ltd

Published on 3/06/2020 10:41:40 AM

Nifty Outlook

Nifty index started the session on a positive note and continued to move higher as the day progressed. Index continued its bullish momentum of last fourth sessions and rallied towards 10000 mark. It missed the psychological level of 10000 by just 5 points and concluded the session near to highest point of the day. It formed a Bullish candle on daily scale for fifth consecutive session and sustaining above previous swing high of 9889 levels. Index is holding above 50 DEMA and making High Highs - Higher Lows sequence on both daily and weekly scale, which is a positive sign to extend the rally. At current juncture, we are observing breakout from Cup and Handle pattern on daily scale which can even add more momentum to the market.. Momentum oscillator RSI moved above its previous resistance of 60 levels on daily chart, indicating strength in the index. Going forward, the resistance for Nifty is placed at 10200-10300 levels, while support is inching higher to 9820 and then 9700 zone.

Click Here - https://bit.ly/36TMdTC

For More Motilal Oswal Securities Ltd Disclaimer http://onlinetrade.motilaloswal.com/emailers/Disclaimer3.html 
SEBI Registration number is INH000000412

Religare Broking Limited

Published on 3/06/2020 10:40:36 AM

Nifty Outlook

The bulls continued to maintain their firm grip on the markets as the benchmark indices registered gains for fifth consecutive sessions led by positive global cues. It further gained momentum, encouraged by the PM’s speech at CII session that India’s economy would get back on track as the government is working towards systematic reforms which boosted investors’ sentiments. Consequently, the Nifty index ended higher by 1.6% to close at 9,979 levels. The broader markets too registered healthy gains. On the sector front, except FMCG which ended with minor losses, all the other indices ended in green wherein realty, banking and consumer durables were the top gainers.

The benchmark has gained over nine percent in the last five sessions and trying to be in sync with global peers. We may see some consolidation or profit-taking ahead, citing critical hurdle around 10,050 zone however the buoyancy in banking would help the index maintaining a positive tone. We reiterate our advice focusing on stock selection.

Click Here - https://bit.ly/301PPBG

Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330

Disclaimer: ADVICE (IF ANY) OR DATA OR INFORMATION OR CONTENT RECEIVED VIA THIS WEB SITE SHOULD NOT BE RELIED UPON FOR PERSONAL, MEDICAL, LEGAL OR FINANCIAL DECISIONS AND YOU SHOULD CONSULT AN APPROPRIATE PROFESSIONAL FOR SPECIFIC ADVICE TAILORED TO YOUR SITUATION. INVESTMENTGURUINDIA.COM OR BDINFO MEDIA PVT. LTD. MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY, RELIABILITY, TIMELINESS, AND ACCURACY OF THE INFORMATION, SOFTWARE, PRODUCTS, SERVICES AND RELATED GRAPHICS CONTAINED ON THIS WEB SITE FOR ANY PURPOSE. ALL SUCH INFORMATION, SOFTWARE, PRODUCTS, SERVICES AND RELATED GRAPHICS ARE PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND. INVESTMENTGURUINDIA.COM OR BDINFO MEDIA HEREBY DISCLAIMS ALL WARRANTIES AND CONDITIONS WITH REGARD TO THIS INFORMATION, SOFTWARE, PRODUCTS, SERVICES AND RELATED GRAPHICS, INCLUDING ALL IMPLIED WARRANTIES AND CONTINGEMENT. IN NO EVENT SHALL INVESTMENTGURUINDIA.COM OR BDINFO MEDIA BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL DAMAGES OR ANY DAMAGES WHATSOEVER INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF USE, DATA OR PROFITS, ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OR PERFORMANCE OF THIS WEB SITE, WITH THE DELAY OR INABILITY TO USE THIS WEB SITE, THE PROVISION OF OR FAILURE TO PROVIDE SERVICES, OR FOR ANY INFORMATION, SOFTWARE, PRODUCTS, SERVICES AND RELATED GRAPHICS OBTAINED THROUGH THIS WEB SITE, OR OTHERWISE ARISING OUT OF THE USE OF THIS WEB SITE, WHETHER BASED ON CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE, EVEN IF INVESTMENTGURUINDIA.COM OR BDINFO MEDIA HAS BEEN ADVISED OF THE POSSIBILITY OF DAMAGES. BECAUSE SOME STATES/JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, THE ABOVE LIMITATION MAY NOT APPLY TO YOU. IF YOU ARE DISSATISFIED WITH ANY PORTION OF THIS WEB SITE, OR WITH ANY OF THESE TERMS OF USE, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USING THIS WEB SITE. MUTUAL FUND INVESTMENTS IS SUBJECT TO MARKET RISK. PLEASE READ THE COMPLETE OFFER DOCUMENT, PRODUCT BROCHURE BEFORE MAKING INVESTMENTS. BEFORE INVESTING IN INSURANCE PLEASE READ THE COMPLETE PRODUCT DETAILS AND TAKE REGISTERED EXPERT ADVICE TO UNDERSTAND THE FINER POINTS & DETAILS OF THE PRODUCTS.To Read Complete Disclaimer Click Here