Market Outlook of 19th Apr, 2018.

Nifty index opened positive but failed to surpass 10,600 and slipped towards 10,500 zones. It continued its higher highs formation for last fourteen consecutive trading sessions but witnessed selling pressure in the second half of session and closed negative after the winning streak of last nine sessions. Now, if it sustains below 10,480 zones then only

Market Outlook of 6th Apr, 2018.

Easing concerns over the trade war between US and China; Pull back Nifty to closed up 197 Points, the most since 25 May, 2016; Nifty on track to 11450 target; World markets find support at previous lows. Nifty index opened gap up and witnessed sustained buying interest till the end of session. It gained 197 points and

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 27th Mar, 2018.

Probably market is at the end of correction; expect April to benefit the bulls. Nifty index managed to hold previous day’s low of 9951 and witnessed a strong rebound of around 200 points from its intraday low. Nifty crossed very decisively the important resistance of 10141. Now it has to hold above 10141 to extend

Market Outlook of 21st Mar, 2018.

Nifty may find short term support around 10100; relief rally is possible but intermediate trend remains down. Nifty index opened negative, but managed to hold 10050 levels, and witnessed a recovery of around 100 points from low points of the day. However, it witnessed a tough fight between bulls and bear in the range of

Market Outlook of 19th Mar, 2018.

Choppy markets create confusion;all sectoral indices closed in red. Global cues continue to emit mixed response bringing the choppy week to end in a flat closing. Despite the best intentions to head higher the higher levels attracted supplies thus inducing large scale volatility. The steady pressure emerging at higher levels have thus lead to weakness