The Nifty started to correct some time midday and I got the feeling that we might see a deeper correction, but as usual buying came in at lower levels and drove up the Nifty again. I get the feeling we need a trigger event to break past this 5,950-6,000 zone and until that does not happen we will trade sideways or correct to 5,800 levels.
Trend deciding level is 5,920. If Nifty shows strength above 5,920 levels, then rally to 5,950/6,000/6,050 may be seen. If Nifty does not show strength above 5,920 levels then selling pressure...
Friday, 21 December 2012
Thursday, 20 December 2012
Nifty Intraday Updates for Today 20 Dec. 2012
The Nifty traded in a narrow range after opening gap up, the good thing was it held the gap. The view is still positive and once we break 5,950 - 5,960 we could see 6,100 then.
Nifty Future ended at 5,946.90 with a small spinning top candle. Movement suggests resistance on higher band of the market around 5,990-6,000, so cautious stance needs to be taken.
The Sensex has supports at 19,410 and 19,300 and resistances at 19,520 and 19,620. The Nifty spot has supports at 5,905 and 5,875 and resistances at 5,940 and 5,965...
Wednesday, 19 December 2012
NIFTY OUTLOOK - Market Updates Today 19 Dec. 2012
The Nifty is broadly range bound between 5,840 and 5,930, it keeps consolidating between this range and we see stock specific action in the midcap or certain sector specific stocks. The Nifty is correcting slowly and buying is coming in at lower levels, hence until we are above 5,840 traders should have a positive bias.
Nifty Future closed on positive note after last few days of consolidation at 5,860 level. It finished off at 5,928.90 at highest point of the day with a long legged hammer kind of candle.
The Sensex has supports at 19,270...
Tuesday, 18 December 2012
NIFTY Updates for Today 18 Dec. 2012
The Nifty is broadly range bound between 5,840 and 5,930, it keeps consolidating between this range and we see stock specific action in the midcap or certain sector specific stocks. The Nifty is correcting slowly and buying is coming in at lower levels, hence until we are above 5,840 traders should have a positive bias, as I said on all declines the market is being bought into and on the weekly time frame the markets are looking very bullish.
Nifty Future remained in a narrow trading band of 20-30 points and finally closed at...
Monday, 17 December 2012
NIFTY OUTLOOK - Market Updates Today 17 Dec. 2012
Technically, Nifty future has moved back above 5,900 mark keeping traders clueless for the next session. Nifty Future entered back into 5,900 - 5,950 trading zone and a breakout only will set the near term trend. Above 5,950 level, Nifty future will test 6,000 mark whereas below 5,900 level it can slip back to 5,830 - 5,800 levels respectively.
For today's trade, Nifty is likely to trade in the range between 5,900 - 5,920 in the upper side and 5,860 -5,840 in the lower side. We expect 5,950/5,980 to act as intermediated resistance and 5,870/5,820...
Friday, 14 December 2012
NIFTY Updates for Today 14 Dec. 2012
The Nifty was having another day of consolidation until sometime close to the session end we traded 30 points lower in one swift move. So far we have managed to close above 5,840 levels; Nifty Future ended on a bearish note at 5,876.45 with a big bearish Marubozu candle. For today's trade, Nifty is likely to trade in the range between 5,870 - 5,895 in the upper side and 5,830 - 5,810 in the lower side.
The Sensex has supports at 19,090 and 18,970 and resistances at 19,310and 19,420. The Nifty spot has supports at 5,835 and 5,800 and resistances...
Thursday, 13 December 2012
NIFTY Updates for Today 13 Dec. 2012
The Nifty had another day of consolidation and we still are trading above 5,840 level until which we should have a positive bias, and hence I suggest holding long position to those who have created longs at lower levels as we are on course towards 6,000 and more. For today's trade, Nifty is likely to trade in the range between 5,920 - 5,945 in the upper side and 5,870 - 5,850 in the lower side.
The Sensex has supports at 19,280 and 19,190 and resistances at 19,480 and 19,610. The Nifty spot has supports at 5,865 and 5,830 and resistances...
Wednesday, 12 December 2012
NIFTY Updates for Today 12 Dec. 2012
The Nifty opened and traded to the highest point of the day in the first hour of trading. We still trade above 5,840 level until which we should have a positive bias, and hence I suggest holding long position to those who have created longs at lower levels as we are on course towards 6,000 and more. Nifty Future ended on a bearish note after 2-3 days consecutive indecisive closing, it closed at 5,928.40 with a big spinning top candle. We raised concern in our last report and the same thing happened.
For today's trade, Nifty is likely to trade...
Monday, 10 December 2012
Nifty Alert - Intraday Nifty Updates Today 10 Dec. 2012
The Nifty index moved up last week and moved to 5,944.90 points from a low of 5,629.75 in the previous week. It marked a high of 5,984.65 which is an all time high of the current year. Nifty is likely to face resistance at higher level. It is now taking resistance at 6,000 and 6,070. Once it manage to trade and sustain above the level of 6,000 a further upward movement would be seen and it may test the level of 6,140. On the downside, 5,860 would act as a strong support level for the markets. A breach of this level would increase pessimism and...
Thursday, 6 December 2012
Intraday NIFTY Updates for Today 06 Dec. 2012
The Nifty continued its sideways price action, another day of consolidation. And as I have been suggesting all declines would be bought into hence they would be shallow declines. We are on course towards 5,950 and higher towards 6,150.
Nifty Future closed at 5,940.45 with a doji candle. Candle pattern implies indecision, however trend suggests it is in a strong up-trend. It closed just around 5,940 level and we believe a sustainable movement above this level would trigger fresh longs that would take it towards 6,005 and 6,180 as discussed....
Wednesday, 5 December 2012
Intraday NIFTY Updates Today 05 Dec. 2012
The Nifty continued its sideways price action, another day of consolidation. And as I have been suggesting all declines would be bought into hence they would be shallow declines. We are still on course towards 5,920 and higher towards 6,150.
The Sensex has supports at 19,260 and 19,150 and resistances at 19,440 and 19,550. The Nifty spot has supports at 5,859 and 5,825 and resistances at 5,910 and 5,950...
Tuesday, 4 December 2012
NIFTY Intraday Updates for Today 04 Dec. 2012
As suspected the Nifty had a sideways day, a day of consolidation. And as I have suggested all declines would be bought into hence they would be shallow declines. We are still on course towards 5,920 and higher towards 6,150. Trend deciding level is 5,880. If Nifty shows strength above 5,880 levels, then rally to 5,920/5,950/6,000 may be seen. If Nifty does not show strength above 5,880 levels then selling pressure till 5,840/5,800/5,750 may be seen.
The Sensex has supports at 19,250 and 19,180 and resistances at 19,410 and 19,500. The Nifty...
Wednesday, 28 November 2012
Bullish & Bearish Stocks & Stock Tips 29 Nov 12
The Sensex ended at 18,831.98, up 294.97 points or 1.59 per cent and the Nifty closed at 5,725.80, up 89.90 points or 1.60 per cent.
Bullish Intraday Stocks 29 Nov 12
SUBEX SUNPHARMA DCHL EKC GITANJALI AMBUJACEM AXISBANK EXIDEIND UNIONBANK YESBANK LUPIN PFC DRREDDY BHEL PUNJLLOYD CESC ICICIBANK VIJAYABANK BAJAJ AUTO JPASSOCIAT GSPL GODREJCP CENTURYTEX KOTAKBANK GUJRATGAS FINANTECH ASHOKLEY ACC
Bearish Intraday Stocks 29 Nov 12
WELCORP HINDCOPPER ROLTA BHARATFORG KFA TVSMOTOR IDBI KGL KSOILS MAX TATAPOWER MARUTI TATAMTRDVR TATACOFFEE...
Friday, 9 November 2012
Nifty News and Tips for 9th nov. 2012
Nifty trading in a tight range of 5,700-5,800 levels now. So, he suggested selling out of the money options.That would leave one with a lot of money because we have couple of holidays in the next weekend; premiums will dwindle down really very fast in one's favour if one is on the right side, he elaborated.Further added that there are no key indications which justify shorting the market at the moment.For past four trading sessions, FIIs have become marginal sellers. Those numbers are pretty small, ranging from Rs 100 crore to almost Rs 300 crore....
Wednesday, 7 November 2012
NIFTY OUTLOOK - Market Updates Today 07 Nov 2012
The Nifty continued to trade in the narrow range of 5,680 to 5,710 for most of the session however in the last hour of trade we got a positive up move with the Nifty closing at the high of the day at 5,724. I still hold a positive bias on the market and am holding on to my Bank Nifty longs for the last 3 days expecting an upward breakout. We could see levels of 5,800 maybe even 5,900 if 5,730 is taken out with force.
Markets are expected to open on flat note in today session but will see buying support at lower levels. Overall...
Tuesday, 6 November 2012
NIFTY OUTLOOK - Market Updates Today 06 Nov 2012
The Nifty traded in a narrow 25 point band; it just about held on to the 5,680 level I had recommended placing a stop loss on for newly initiated long trades on the Nifty. I am still holding on to my Bank Nifty longs expecting an upward breakout in the days to come. We could see levels of 5,800 if 5,730 is taken out with force.
Nifty Future remained within a narrow trading band of 5,700-5,760 and ended at 5,739.55 with a hanging man candle. It again rebounded from day low of 5,710 level, which means buyers have faith in on-going...
Friday, 2 November 2012
NIFTY OUTLOOK - Market Updates Today 02 Nov 2012
The Nifty traded sideways at the beginning of the session and then slowly grinded higher. Nifty Future closed with a positive note at 5,676 with a white candle. Again, it closed between long trading ranges of 5,635-5,755. After breakdown from the previous range, it made a new intermediate low near 5,615. We believe, it will start trading in a new trading range of 5,600-5,725. We recommend trading with some low beta stocks and suggest BUY on dips. We expect it to take strong resistance near 5,725 and support seen at 5,630 and 5,600. For positional...
Thursday, 1 November 2012
NIFTY OUTLOOK - Market Updates Today 01 Nov 2012
The Nifty traded in a 30 point range before giving a weak breakout on the upside. We could see a range bound Nifty in the coming days which may not give us clear moves. On the lower side, 5,580 - 5,550 are good support areas and on the higher side, 5,650 - 5,680 are resistances.
Nifty Future touched its crucial hurdle of 5,650 in the last hour of the trade and closed just below that level at 5,646.10 with a small white body candle pattern. Traders are recommended to trade with a negative bias till the time it is trading below its previous...
Wednesday, 31 October 2012
NIFTY OUTLOOK - Market Updates for Today 31 oct 2012
The Nifty opened and traded higher post the outcome of the RBI policy, it dropped a good 75 points in 45 minutes and then started to consolidate between 5,590 - 5,615. The Nifty has clearly broken down from the range it was in for many days however to initiate fresh shorts towards the end of the day would be risky as it has already fallen a lot and is close to support levels at 5,550 - 5,600.
Nifty Future has broken down its ongoing consolidation and closed below its most crucial support level of 5,630. It closed at 5,628 with a big...
Monday, 29 October 2012
Nifty News Today 29 Oct. 2012
The Nifty has immediate support placed at 5,630 - 5,620 levels and a break below 5,630 is likely to make the correction a bit deeper to levels of 5,550 - 5,540. In the last trading session of the week Nifty managed to take resistance of its 9 and 26 period moving averages, trading above its moving averages and resistance level of 5,760 may take Nifty till 5,800 marks.
The Nifty has immediate support placed at 5,630 - 5,620 levels and a break below 5,630 is likely to make the correction a bit deeper to levels...
Tuesday, 16 October 2012
Nifty Market Outlook for 17 oct. 12
Nifty on corrective path
Indian shares closed flat to higher on Monday after recouping losses in afternoon trade following positiveEuropean cues. Nifty went closer to 5700 level with the index hitting an intraday high of 5,693.70, before closing with gains of 11.20 points at 5,687.25. The much awaited inflation came in at 7.81 percent for the September, which was slightly higher compared to 7.55 percent in August due to hike in...
Tuesday, 9 October 2012
Stock Tips & Nifty Tips For 9th Oct
The Sensex fell by over 229 points to close at 18,708.98 and Nifty closed at Rs 5676, fall down by 70.95 points from its previous closing.
Nifty Tips For 9th Oct 2012
Support1 = 5669 Support2 = 5641 Support3 = 5588
Resistance1 = 5750 Resistance2 = 5803 Resistance3 = 5831
BankNifty Support and TheRresistance Levels
Pivot Level = 11468
Support1 = 11351 Support2 = 11284 Support3 = 11168
Resistance1 = 11534 Resistance2 = 11650 Resistance3 = 11717
Stock Tips For Today 9 Oct 12
BUY Bharti Airtel Ltd. Med Term Target 350...
Monday, 8 October 2012
Today's Nifty Future and option tips
The Indian market closed on negative side. Sensex closed at Rs 18,938 down 120 points from its previous closing and the Nifty ended at Rs 5,743.90, down 43.70 points or 0.76 percent.
Nifty Gainers were TATA MOTORS HIND UNI LT MAH & MAH ONG CORP LTD LARSEN & TOU HINDALCO IN RELIANCE SIEMENS COAL INDIA GAIL
Nifty Losers were HOUS DEV FIN H C L TECH REL INFRA WIPRO LTD SUN PHARMA TATA COM LTD LUPIN LTD inf SESA GOA LTD PUNJAB NATBK
Bearish Intraday Stocks 8 Oct 12
GRAVITA RUCHISOYA DISHTV BERGEPAINT MOTHERSUMI JSWISPAT...
Saturday, 6 October 2012
Todays Update : Nifty is likely to correct
Indian
shares snapped four-day winning streak Friday owing to profit booking. The
index had gained 79 points in early trade following Cabinet’s approval to 49%
FDI in insurance and pension. Meanwhile, the NSE Nifty, which plunged 899
points intraday due to freak trade by brokerage house, declined 40.65points to
end at 5,746.95. The index touched a low of 4,888.20 today due to faulty order
punched by adealer of Emkay Shares and Stock Brokers while...
Friday, 5 October 2012
Todays Nifty Future and Option Tips
NIFTY Futures Tips
The NIFTY is the most liquid Futures instrument traded on the Indian Bourses. It is suitable for trading for the Retail as well as the HNI traders. This segment also includes calls on the Bank NIFTY.This is primarily an Intraday product is designed to capture Intraday swings in the NIFTY the BANK NIFTY A FREE TRIAL of two days is given so that Traders can verify the facts for themselves.
Product contents:
15-20 NIFTY FUTURE Tips per calendar month are given in the NIFTY Futures or BANK NIFTY Futures.
The NIFTY...
Wednesday, 3 October 2012
Nifty has formed a “rectangular pattern” suggesting uptrend
Nifty closed above the 5700 level for the second consecutive session on Monday, supported by positive
European cues and appreciation in Indian rupee. Overall it was a day of consolidation for the market
after it had rallied 1 percent on Friday and 8 percent in September on strong inflow of foreign money.
Nifty is currently trading in range of 50 points in between 5,700-5,750, exhibiting rectangular pattern,
trading within with support at 5,520 and resistance at 5,760.. On upside if level of 5,760 breaches
decisively then we could see rise...
Saturday, 29 September 2012
Today's (29th sept.):Future and Option tip
Today Indian market is positive index BSE upwards 18839.43(259.93) and Nifty upwards 5726.35(78.85), today is new session start month of October and this month nifty will cross 5800-5850, so that is new session and investor should be invest all of leading stock that is good time to book profit.
Nifty support 5660, 5680 nifty resistance 5750, 5780
Today top leading stock
Tata Power, Tata Motors, JP Associates, Jindal Steel, Hindalco, Tata Steel, Sesa Goa, Bharti Airtel, Cairn India, Wipro, M & M, Axis Bank, Maruti Suzuki gained 3...
Friday, 28 September 2012
Nifty is likely to move within 5,600 to 5,700 level. : Upadte for 28th sept.
MARKET OUTLOOK
Nifty is expected to move within a range as suggested by its technical indicators. Resistance for Nifty now seems at 5,720-5,740 while support stands at 5,540-5,560. On upside if level of 5,720 breaches decisively then we could see rise up to the mark of 5,800, on the lower side if level of 5,540 is breaches then Nifty could retrace up to support of 5,500 mark. Technical indicators like MACD, RSI are also supporting...
Thursday, 27 September 2012
Today's Updates :Nifty is Likely to be Range Bound (27sept.).
Nifty is expected to move within a range as suggested by its technical indicators. Also, a high volatility is
expected to be the order of the week ahead of F&O expiry. Resistance for Nifty now seems at 5,720-
5,740 while support stands at 5,540-5,560. On upside if level of 5,720 breaches decisively then we could
see rise up to the mark of 5,800, on the lower side if level of 5,540 is breaches then Nifty could retrace
up to support of 5,500...
Wednesday, 26 September 2012
Today's Tip ,26th sept. : Nifty is Likely to be Range Bound
Nifty managed to recover some ground in the last session and closed above 5,670 psychological level. From here, Nifty is expected to move within a range as suggested by its technical indicators. Also, a high volatility is expected to be the order of the week ahead of F&O expiry. Resistance for Nifty now seems at 5,720-5,740 while support stand at 5,540-5,560. On upside if level of 5,720 breaches decisively then we could see rise up...
Tuesday, 25 September 2012
Today's Future and Option tips : 25th sept
Indian stock market consolidated today, open with positive index today, Nifty is now in a very narrow range, nifty may move 5,710 on the upside and 5,660 on the downside, do not show big movement today. So, a move above 5,700 or below 5,660 should give an intraday trading opportunity. But today we alert for future and option trading.
Nifty support today 5660,5640 Resistance Level 5700, 5720
Today trading tips:
Buy Cipla Limited target 367 stops loss 360 in nifty future.
Sell DLF Limited target 230 stops loss 234 in nifty future.
Sell Bharti...
Monday, 24 September 2012
Today's news 24th sept. : Small upside may lead to fresh shorts.
Nifty Trend Today:
Nifty continued its upward move on the final trading session of the week and tested 5,700 levels. However, it faced stiff resistance at this level and corrected until 5,670 levels from where it again gained some momentum and started moving upward. According to SEBI data, FIIs have net bought Rs 6262 crore of shares in three trading sessions between September 14-18. This is nearly 70% of the Rs 9323 crore of net purchases for the month so far. Technical indicators (Slow Stochastic, RSI) are...
Thursday, 20 September 2012
Nifty Outlook for 21 sept.
Nifty is likely to consolidate between 5,500- 5,600
Nifty started the day on negative note backed by weak cues from global arena. Nifty witnessed a high volatility during the
session. It initially moved higher, even above the 5,580 level but could not sustain it and moved lower to test 5,540 levels
after breaching 5,550 level again, It started upward journey and ended the day well above the crucial 5,550 mark.
Technically, last one month chart of Nifty has formed rising 'wedge pattern' which is bearish breakout, only if, lower trend
line break....
Nifty Future Trading Tips for Today
Today,on thursday BSE Sensex slipped over 100 points in early trade led by losses in L&T,RIL and HDFC. The Nifty is trading at Rs 5,566, down 0.60 percent. It touched an intraday high of 5,567.95 and a low of 5,534.90 and Sensex touched intraday high of 18,406.14 and a low of 18,291.93.
Nifty Tips For Today
Resistance 5610-5650
Support 5500-5460
Nifty Future Trading Tips
Buy at above: 5587 Targets: 5603 - 5622 Stoploss : 5568
Intraday Trading Tips For Today
BUY Bajaj Hindustan Ltd target Rs 35 stoploss Rs 30
SELL Delta Corp...
Nifty Future Trading Tips for Today
Today,on thursday BSE Sensex slipped over 100 points in early trade led by losses in L&T,RIL and HDFC. The Nifty is trading at Rs 5,566, down 0.60 percent. It touched an intraday high of 5,567.95 and a low of 5,534.90 and Sensex touched intraday high of 18,406.14 and a low of 18,291.93.
Nifty Tips For Today
Resistance 5610-5650
Support 5500-5460
Nifty Future Trading Tips
Buy at above: 5587 Targets: 5603 - 5622 Stoploss : 5568
Intraday Trading Tips For Today
BUY Bajaj Hindustan Ltd target Rs 35 stoploss Rs 30
SELL Delta Corp Ltd...
Wednesday, 19 September 2012
Nifty tips and Levels,Bank Nifty Tips and Stock market Tips.
Indian market closed today on negative note. The Nifty ended at 5,599.85, down 10.15 points or 0.18 percent and the Sensex closed at 18,501.63, down 40.68 points or 0.22 percent from its previous closing. Nifty intraday high touched of Rs 5,620.55 and a low of Rs 5,586.45 and the Sensex touched intraday high of 18,580.48 and a low of 18,469.51.
Top Nifty Gainers:
were Mahindra and Mahindra,Jaiprakash Asso. SBI,Infosys,SAIL,GAIL,Reliance Infra,Bank of Baroda,Jindal Steel,Axis Bank,PNB, BHEL,Bharti Airtel,HCL Tech.
Top NIfty Losers:
included...
Tuesday, 18 September 2012
Future & Options updates today.
Today Nifty options suggest mkt range of 5300-5500.with total Puts add 38.5 lakh shares in Open Interest.Total Calls add 10 lakh shares in Open Interest.Highest OI buildup seen in 5300 Put & 5600 Call
5300 Put adds 9.9 lakh shares in Open Interest.
5200 Put adds 3.25 lakh shares in Open Interest and 5600 Call adds 6.5 lakh shares in Open Interest. Also 5500 Call adds 5.12 lakh shares in Open Interest 5400 Put adds 14 lakh shares in Open Interest.
...
Monday, 17 September 2012
Stock Market Trend for Today
Today Stock market trend: Nifty Future and Option Tips
Today early Morning Nifty fall in 20 point and recover it slowly now 5350.55, may hope it will become and provide good rally for investor so that is time to invest on market ,because Germany's constiutional court will approve of ESM then global effect of market automatically and for the economical growth. Indian government may take few decision so the all of effect on market , we hope market will go upwards 5450 end of this month, so that is best time to invest in nifty...
Friday, 14 September 2012
today tip for F & O brokers.
Myiris news desk has collated derivative calls & strategies from various brokers. The same are mentioned below:ICICIdirect1. Petronet LNG`Buy` July Futures in the range of Rs 170-170.20 for the target price of Rs 173 - 175 with a stop loss placed at Rs 168.40.2. Sun Pharma`Sell` July Futures in the range of Rs 689-690 for the target price of Rs 677 - 670 with a stop loss placed at Rs 696.20.Way2Wealth Securities3. Vijaya Bank`Buy` Sept. Futures around of Rs 48 for the target price of Rs...
