NIFTY VIEW & NIFTY FUTURE LEVELS FOR TOMORROW 09 AUG 2017

Today markets saw a major downturn as banking stocks took serious blows after Sebi directed bourses to initiate action against 331 suspected shell companies on Monday. The Sensex lost 260 points to close on 32014 for the day while the Nifty future ended trading on 10004 down by 87 points. Analysts had said that the 9975 level would be crucial for Nifty future amid losses. The markets had opened on a positive note and recovered losses incurred on Monday. But, soon the bourses slipped into the red with Sensex losing as much as 359 points to hit the day-low of 31915 in intra-day trade. Nifty future too lost 87 points to hit day-low of 10004.

NIFTY FUTURE NEAR 9950 LEVEL...!!!!

Pull back rally was witnessed in the market on Tuesday & continued to trading in negative territory in afternoon trading session due to selling pressure in oil and bank stocks. Nifty future has broken the major support level 10000 & made a low of 9958.

NIFTY WEEKLY PREDICTION & CHARTS FOR 07 AUG TO 11 AUG '17

CHECK OUT WEEKLY STOCK FUTURE CALL ON  https://beststockfuturecalls.blogspot.in/ 

WEEKLY RESISTANCE FOR NIFTY: 10096, 10120, 10158,10197

PIVOT POINT: 10072

WEEKLY SUPPORT FOR NIFTY :  10033,9995,9971,9947

WEEKLY CHAT FOR NIFTY

DAILY RESISTANCE FOR NIFTY: 10116, 10148, 10167,10185

PIVOT POINT: 10083

DAILY SUPPORT FOR NIFTY :  10065,10046,10014,9981

DAILY CHART FOR NIFTY

Sensex opened the week at 32414, made a high of 32612, low of 32122and closed the week at 32324. Thus the Sensex closed the week with gain of51points.At the same time the Nifty opened the week at 10038, made a high of 10149 low of 10018and closed the week at 10111. Thus the Nifty closed the week with gain of72points.The Sensex and Nifty ended higher on Friday, reversing earlier losses, on bargain-hunting in consumer durables, metal and PSU stocks amid weak global cues.

range-bound nifty FOR TARGETS 10100-10400.

Not only did the Nifty enter the much awaited 5-digit club last week, but also managed to close above that from two weeks. Nifty entered the consolidating zone (10000-10100) . in the process achieved the long term Bullish target. Interestingly, niftyis facing a stiff Resistance in the form of upward sloping Trend line.which is at Nifty – 10125. In the short term the upward movement of the indices will be challenged as it will not only face strong Trend line Resistance and the confluence zone of targets,

NIFTY CLOSING FOR FRIDAY 04 AUG 2017

On the week ended Friday The nifty future is trading below support level 10055. Nifty future has opened at 10028 made a high of 10054 & came down to 10018 level.  The index was pulled lower mostly by Sun Pharma, Lupin, Dr Reddy’s, Cipla, ONGC and Reliance Industries.

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 4 AUG 2017

"CALL GIVEN YESTERDAY SBIN 295 PUT ACHIEVED 1ST TGT"

Bears took the charge on dalal street on Thursday. In today’s trading session, index took resistance at the upper band of the channel as we witnessed some sort of profit booking after the RBI policy. The Nifty future opened at 10087 level, but profit booking dragged the index towards its day’s low and closed at 10038.

NIFTY PREDICTION & FREE NIFTY TIPS FOR 3 AUG 2017

Market is consolidating in very narrow range. Nifty future is shuttling between 10050 & 10080 range. IOC rallied 4 % ahead of Q1 earnings due later today. The reason of the market not performing was very much technical. In the coming days as well, we will continue to see technical factors weigh heavy on market performance.

RBI MONETARY POLICY ; REPO RATE CUT BY 25 BASIS POINTS TO 6%

THE RBI CUT THE REPO RATE BY 25 BASIS POINTS TO 6%,TRIGGERING HOPE OF LOWER BORROWING COSTS FOR HOUSEHOLDS, AND COMPANIES AHEAD OF THE FESTIVAL SEASON.

OPTION TRADING TIPS: STRANGLE IN SBIN WITH BEARISH BIAS

FOR CREDIT POLICY WE HAVE GIVEN SBIN STRANGLE STRATEGY TO CHECK STRATEGY VISIT LINK  
OPTION TRADING TIPS: STRANGLE IN SBIN WITH BEARISH BIAS