Market Outlook of 9th Apr, 2018.

Nifty, Bank Nifty traded very choppy and narrow. Nifty index opened flat and remained range bound for most part of the session. As long as it holds above 10276 it can extend its move towards 10440, while supports at 10222 then 10180. Options data suggests trading range between 10200 and 10450. Index VIX remained flat

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 19th Feb, 2018.

Nifty fail to rebound as global market recovers Global equities got a breather last week after tumbling in the 2 consecutive weeks preceding it. PNB 11300 Cr. fraud spoil the market mood and make the sentiment negative. Short term market is in bearish mood and expected to break the 10276 low of 06/02/2018. Upper resistance

BSE Sensex Of 4th Jan, 2018.

Nifty still in a trading range of 10400 – 10550 ; Wait for the decisive breakout Nifty opened – 10470.60 with a gap up of 26 Points. Intraday Low – 10440.50 Intraday High – 10512              Closed – 10503.70         Gain – 61 Points Gains contributed by METAL

Trading Updates of 18th Dec, 2017.

Higher volatility persists in the market :  May see new lifetime high very soon; Buying is suggested on dips & breakouts; Nifty View : Nifty opened – 10263.10 with a big gap down at 70 Points. Intraday low – 10074.80 Intraday High – 10443.55              Closed – 10388.75