NIFTY FUTURE | DERIVATIVE REPORT UPDATE 19 SEPTEMBER.
NIFTY OUTLOOK
NIFTY OUTLOOK
|
NIFTY FUTURE :
|
R1:8868
|
R2:8928
|
R3:8977
|
|
PIVOT :8818
|
S1:8758
|
S2:8709
|
S3:8649
|
The Sen sex ended with a gain of 186 points at
28,599. While the Nifty closed with a gain of 37 points at 8,780. The Indian stock market carried
on with its northward journey and rallied for the third straight session
tracking a positive trend seen in Asian markets after weak US data reduced the
already low chance of an interest rate hike by the Federal Reserve at next week's meeting. The domestic market
came off their intra-day highs as investors booked profits at higher levels
amid weak European cues. The Nifty gave up its gains of the day slipping
below the 8,800 mark. FM CG, Oil & gas, IT,
energy, auto, telecom and consumer durables stocks led from the front. On the
other hand, metal, finance, banking and energy stocks were among the losers. Finance Minister Arun Jaitley said that the steel sector is slowly turning around
with companies beginning to pay interest to banks, and banks are optimistic
about the infrastructure sector.
Nifty open up on Friday and
shown range bound movement over the full market hour’s. Nifty next support would be 8700-8750.Traders
can go short on a break below 8600. Range bound movement may be seen in Nifty ,if its maintain the
level of 8800 so, up sided movement would be up to 9050-9150.
NIFTY BANK FUTURE
NIFTY BANK OUTLOOK:-
|
NIFTY
FUTURE :
|
R1:20216
|
R2:20488
|
R3:20659
|
|
PIVOT :20045
|
S1:19774
|
S2:19603
|
S3:19331
|
Bank nifty open gap up and shown uptrend movement for initial 1 hour’s of the trading
session on Friday, after that heavy selling seen in bank nifty and its fill the
morning gap and closed at 19944.95 . Bank Nifty upward movement would be seen
above 20000, below 19800 bank nifty downside level may be 19600-19400.YES BANK (-4.26%) and
ICICI BANK (-1.20%) is the top losers of the day.
Bank nifty opened up at 20230.50, to its previous closing 19938.20
on Friday and touched high of 20317.40. In Bank nifty bullish trend seen above the level
of 20000-20500. if it’s maintain the level, then new level 20800-20900 will be
expected. Below 19800 bank nifty downward
movement seen in between the level of 19600-19400.
USDINR
|
USDINR
:
|
R1:67.09
|
R2:67.17
|
R3:67.30
|
|
PIVOT : 66.96
|
S1:66.88
|
S2:66.75
|
S3:66.67
|
The Indian rupee gained in the early trade on Friday. It has
opened higher by 16 paise at 66.86 per dollar versus 67.02 Thursday.
Rumored comments from Commerce Ministry was the main mover in the currency
market yesterday. Latest US data has been on the weaker side. Given this
background, the rupee is expected to trade within a range of
66.90-67.10/dollar. The US dollar reversed earlier gains against the yen as
traders doubted that the Bank of Japan will be able to weaken the yen with more
policy stimulus, while profit-taking and gains in commodity currencies also
weighed on the greenback.
TOP GAINER vs TOP LOSER
-----TOP GAINER----
|
Company
|
Prev.
Close(Rs.)
|
Current
Price(Rs.)
|
% Change
|
|
EICHER MOTOR
|
22440.05
|
23135.25
|
+3.10
|
|
GRASIM INDS.
|
4728.05
|
4853.35
|
+2.65
|
|
AXIS BANK
|
588.75
|
602.20
|
+2.28
|
|
MARUTI SUZUKI
|
5452.40
|
5573.30
|
+2.22
|
|
BHARTI INFRA.
|
344.75
|
351.55
|
+1.97
|
----TOP LOSER----
|
Company
|
Prev.
Close(Rs.)
|
Current
Price(Rs.)
|
% Change
|
|
YES BANK
|
1221.80
|
1169.80
|
-4.26
|
|
BHEL
|
150.30
|
146.65
|
-2.43
|
|
ZEEL
|
530.85
|
519.45
|
-2.15
|
|
TATA STEEL
|
366.40
|
358.85
|
-2.06
|
|
HINDALCO
|
145.55
|
142.65
|
-1.99
|
|
|
|
|
|
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