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 22nd Mar, 2018.

Nifty is trading very choppy and narrow; the index may find short term support around 10100. Nifty opened gap up and negated its formation of lower highs – lower lows of the lat 4 trading session. Index remained volatile and bears are putting pressure at higher levels, but at the same time bulls are not

Market Outlook of 27th Feb,18.

Second day of rally brings Nifty close to 10630 resistance; rallied more than 200 points; large trading range is developing Nifty continues to bounce back from 10300 levels having its near term resistance at 10630, a decisive move past 10630 would bring in further momentum for target 10650-10680 levels. The support for the day is

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 

Trading updates of 12th Jan, 2018.

Nifty end at fresh record closing high : Nifty, Bank Nifty in narrow range suggests thrusting swing ahead ; Hold long positions with predefine stop losses ; Nifty View : Nifty opened – 10683.50 with a gap up of 30 Points. Intraday low – 10598.00        Intraday high – 10689.30       

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