Market Outllook of 23rd Apr, 2018.

Nifty index remained in a broader range and witnessed recovery from 10520 zones to close on a flattish note. It formed a Doji candle with long lower shadow which indicates that decline is being bought as it got stuck in range ahead of the expiry week. Index has been making higher highs – higher lows

Market Outlook of 20th Apr, 2018.

The index is still trading very choppy & narrow. Prices are finding intraday support at 10495 & resistance at 10600. Nifty remained in a narrow range for the entire session. It finally negated its higher highs formation after 14 consecutive trading session. Now, till it slips below 10480 then only some weakness could be seen

Market Outlook of 17th Apr, 2018.

Nifty index opened gap down but witnessed sustained buying interest throughout the trading session to settle near day’s high. It recovered sharply from 10396 levels and formed a Bullish Marubozu Candle on the daily scale which implies complete dominance by the bulls. It has been making higher highs from last eleven consecutive trading sessions implying

Market Outlook of 13th Apr, 2018.

Nifty index managed to hold above 10400 zones and headed towards 10470 levels. It formed a Bullish candle on the daily scale and has been making higher highs from last nine consecutive trading sessions. It managed to close above immediate hurdle of 10420 zones and a decisive hold above 10420 could extend its move towards 10480

Market Outllook of 11th Apr, 2018.

Nifty and Bank Nifty traded very choppy; metal shines today with a gain of 2%. Nifty index continued to form higher highs for the 7th session and headed towards the 10424. Now it has immediate hurdle at 10450 then 10480, while holding below 10380 could lead to some consolidation towards its next support at 10333.

Market Outllook of 4th Apr, 2018.

Market recovers from intraday low; close with gains.          Nifty index opened flattish but managed to hold above 10171-10180 and witnessed a rally towards 10255 in the last hour of trade. It managed to close above previous week’s high. Now, it has to hold above 10222 to extend its move towards 10276 then 10333 while supports

Market Outlook of 2nd April, 2018.

New Financial Year, New beginning of April Expiry suggest, 10000 hold on the cards and could be April for the Bulls and can rally towards 10300 and 10600. Nifty index opened negative by taking cues from weakness of global markets. After its consolidating index fell towards 10100. If it sustains above 10141 then it may

Market Outlook of 20th Mar, 2018.

Correction widely deepens and may find the support at 10000 levels Nifty index continued its weakness and corrected around 100 points. Market is forming lower highs – lower lows from last 3 trading sessions. First index it breaks and slipped below its 200 DMA, which implies short term pressure in the market. Now, till it

Market Outlook of 7th Mar, 2018.

Nifty continues with its down move; Last hour sell off drags index lowest closing since mid December. Yesterday the nifty took its losing streak to the 5th consecutive session, breaking its decisive 10300-630 range to confirm a downtrend. The last hour selling in markets, weakened bulls control on D-Street, which was largely led by a

Market Outlook of 6th Mar, 2018.

Trend remains down; relief rally may be possible The nifty opened lower with a large gap down. The gap continued through the day, with the index closing lower at 10359, down almost 100 points. Yesterday decline brought the nifty to a low of 10324, very close the lowest level of 19 Feb 2018 (10276). It’s

Market Outlook of 1st March,18.

Nifty likely to consolidate further and going ready to go higher above 10650  The Indian economy grew at 7.2 percent in October-December 2017, and will likely expand 6.6 percent in 2017-18, latest official estimates said on Wednesday, amid strong revival signs in consumption spending and investment activity. A decisive close above 10650 would confirm the

Market Outlook of 28th Feb,18.

Significant resistance around 10630-650 zone leads nifty to close lower The bounce back rally seems to be capped at crucial resistance level of 10630 which is also where the 50 DMA lies. Market would now witness a range of 10300-10650 levels for the coming days and a decisive move past any of these levels would

Market Outlook of 23rd Feb, 2018.

Volatility reduces, nifty remain in the consolidation phase Nifty stuck in the narrow trading range in 100 points in between 10320-10420. If nifty manages to hold 10450 then it would go to 10600 to 10620. New expiry month starts and data shows max. PUT OI at 10000 and 10200, while max. CALL OI at 11000

Nifty and Sensex of 16th Feb, 2018.

Market outlook : Nifty, Bank Nifty continued trading range bound, short term trend is sideways The Nifty 50 pared most of its gains made in trade on Thursday to close around its opening level. The Nifty 50 which opened at 10,537 rose to an intraday high of 10,618 which made a long upper shadow, but

Nifty and Sensex of 14th Feb, 2018.

Volatility is cooling off. Choppy and narrow trade continued in Nifty Global volatility is also cooling off and most of the world markets closed in green. Nifty opened at 10518 with a gap of +64 points and finally closed at 10539.75 with a gap of 84 points. Current market seems that volatility is easing off

Stock Market Updates of 6th Feb, 2018.

Large gap down opening , volatility is very high, price remained in the correction, trend reversal for short to medium term, Avoid trading in nifty and bank nifty. Nifty opened with gap up down of 156 points, after that market recovers in full days but finally closing on the bearish mode at 10666.55 (-94.05p points)

BSE Sensex of 1st Feb, 2018.

Budget causes significant volatility : Nifty holds 11000 levels; PSU Bank down more than 2%; A 10% tax on long term capital gains has been proposed by the budget. Professionals, salary earners and Business people pay a tax on their income which is as high as 34%. Intraday Low – 10715.70 Intraday High – 10781.70 

Share Market Updates of 17th Jan, 2018.

Nifty, Bank Nifty traded in a large range today : PSU bank shines with a gain of more than 4% ; Nifty opened – 10700.50  Intraday Low – 10667.80 Intraday High – 10804                 Closed – 10790.10                   Gain – 90 Points

Nifty & Bank Nifty Views of 8th Jan, 2018.

Back to back gains in Nifty : Nifty closes above 10600 for the first time ; Nifty opened – 10592.60 with a gap up of 31 Points. Intraday Low – 10589.50 Intraday High – 10632.10              Closed – 10624.50                 Gain – 65 Points Gains contributed