Market eked out modest gains today as banking and IT stocks
recovered from recent falls & ended the day on a positive note. The Sensex
was up 85 points at 29422, while the Nifty was up 32 points at 9136. The
Bank Nifty closed lower by 0.30 percent at 21491.
Thursday, April 20, 2017
Wednesday, April 19, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 20 APRIL 2017
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Market snapped its four- session losing streak to end marginally higher today on selective buying by investors. The sensex opened higher at 29369 buoyed by forecast of a normal monsoon and advanced to a high of 29388 but succumbed to profit-booking and slipped to 29241, before concluding 17 points higher at 29336. The broader Nifty shed 1.65 points, to end at 9103.
Market snapped its four- session losing streak to end marginally higher today on selective buying by investors. The sensex opened higher at 29369 buoyed by forecast of a normal monsoon and advanced to a high of 29388 but succumbed to profit-booking and slipped to 29241, before concluding 17 points higher at 29336. The broader Nifty shed 1.65 points, to end at 9103.
Tuesday, April 18, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 19 APRIL 2017
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TOTAL
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Market had
a trend reversal during the day and ended on a negative note. The market continued
its southward journey; Sensex had gained over 250 points, but has ended in the
red. The Nifty closed at 9105 levels, down by 34 points whereas the Sensex
closed at 29319 levels, down by 94 points, weighed by weakness in global peers
after unexpected UK election announcement. Investors were also worried after
prediction of monsoon at lower band of normal monsoon and on higher probability
of El Nino.
Monday, April 17, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 18 APRIL 2017
“BUY RELIANCE 1420 CALL @ 15 TGT 21/27”
“SELL BANKNIFTY FUTURE BELOW 21690 TG 21640/21580 SL 21740”
Benchmark indices ended the
day on a negative note, with the Nifty ending below the 9150-Level. The Sensex
remained weak throughout the day to end at 29413 levels down by 47 points. The Nifty
also remained mostly lower in today’s trading session to end at 9139 levels
down by 11 points. Indiabulls Real Estate was the stock of the day. The stock
surged as much as 28% in today’s trade after the company informed bourses that
it is going for restructuring. The restructuring at the company would help it
to concentrate on the key business segments individually. This will also help
the company to improve its competitive advantage in the real estate sector in
the country.
Friday, April 14, 2017
NIFTY WEEKLY PREDICTION FOR 17 APRIL TO 21 APRIL 2017
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WEEKLY RESISTANCE FOR NIFTY: 9202, 9224, 9238, 9261
WEEKLY RESISTANCE FOR NIFTY: 9202, 9224, 9238, 9261
PIVOT
POINT: 9193
WEEKLY
SUPPORT FOR NIFTY : 9179,9157,9148,9126
WEEKLY CHAT FOR NIFTY
DAILY RESISTANCE FOR NIFTY: 9225, 9244, 9275,9306
PIVOT
POINT: 9207
DAILY
SUPPORT FOR NIFTY : 9176, 9145, 9126,9106
DAILY
CHART FOR NIFTY
Sensex opened the week
at 29752, made a high of 29838, low of 29442 and
closed the week at 29461. Thus it closed the week with a loss
of 245 points. At the same time the Nifty opened the week
at 9225, made a high of 9246, low of 9144 and closed the
week at 9150. Thus the Nifty closed the week with a loss
of 48 points.The four per cent drop in shares of Infosys on
Thursday is likely to impact several equity funds
SHORT TERM TREND TURNS DOWN.
The indices have witnessed
a breathtaking rally in the past three months. Market participants are awaiting
a Correction so that they can enter. But the market was in no mood to oblige
and has continued its upward journey without any meaningful Correction. On
Thursday, for the first time in 2017, the short term trend has turned down and
thus one can expect some downside. The fall will be restricted as strong
support will be seen in the form of Bullish Weekly Gap between 9060-8977
for the Nifty.
Thursday, April 13, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS 17 APRIL 2017
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Market ended the week on a negative note, with the
Nifty closing below the 9200-mark. The Sensex closed down 182 points at 29461,
while the Nifty ended lower by 52 points at 9150. All eyes were on the
Infosys stock since the company came up with its financial results for the
quarter ended on March 31, 2017.
Wednesday, April 12, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 13 APRIL 2017
TATASTEEL ON
FIRE…!!!! ACHIEVED ALL THE TGT MADE A LOW OF 478.25 TOTAL 22000 PROFIT IN JUST
2 LOT.
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Indian stock
market reversed some previous day's gains today despite positive global cues,
as investors preferred profit booking on caution ahead of Infosys earnings on
Thursday and factory & retail inflation data due later today. Sensex ends
at 29643, plunges 144 points while the Nifty settled the day at 9203, down 33
points.
Tuesday, April 11, 2017
NIFTY OUTLOOK & FREE NIFTY TIPS FOR 12 APRIL 2017
"BUY IDFCBANK FUTURE ABOVE
61.50 TGT 61.90/62.40 SL 60.90"
"SELL TATASTEEL FUTURE BELOW
487 TGT 484/479 SL 491"
Market
entirely recovered previous day’s losses. it sustained optimism at the day’s close.
Markets surged in the morning hours and then consolidated throughout the day
with minor upside moves. The Nifty Index reclaimed its 9200-mark by late
morning trade backed by ITC, Infosys, ICICI Bank and HDFC. Nifty and
Sensex closed at 9236 and 29788 gaining 55 and 212 points respectively from the
previous close.
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