NIFTY FUTURE | DERIVATIVE REPORT
NIFTY OUTLOOK
NIFTY OUTLOOK
|
NIFTY FUTURE :
|
R1:8847
|
R2:8887
|
R3:8919
|
|
PIVOT :8816
|
S1:8775
|
S2:8744
|
S3:8704
|
Sensex
on Wednesday jumped over 100 points, while the broader Nifty went above its key
8,800 level. The Nifty opened 14 points up at 8,790, while the Sensex opened 31
points up at 28,554. The Bank of Japan refrained from cutting interest rates
from -0.1% at its monetary policy meeting, choosing instead to modify its
existing policy framework. The BSE Mid-cap Index is trading up 0.23% at 13,150 whereas BSE Small-cap Index is trading up 0.50% at 12,861. Some
buying activity is seen in telecom, realty, capital goods, consumer durables,
utilities and pharma sectors, while auto sector is showing weakness on
BSE.
On the global front, the US Federal Reserve is scheduled
to deliver their latest monetary policy decisions on Wednesday.
Nifty open flat on Wednesday 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.
BANK NIFTY REPORT
NIFTY BANK OUTLOOK
|
NIFTY FUTURE :
|
R1:19998
|
R2:20095
|
R3:20180
|
|
PIVOT
:19913
|
S1:19816
|
S2:19731
|
S3:19634
|
Bank nifty open flat and shown range bound movement over the
full trading session on Wednesday, Bank Nifty upward movement would be seen
above 20000, below 19800 bank nifty downside level may be 19600-19400. BANK OF BARODA(-1.41%)
and SBI BANK (-1.30%) is the top losers of the day.
Bank nifty opened flat at 19965.05, to its previous closing 19921.80
on Wednesday and touched high of 20010.00. 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 :
|
R1:67.18
|
R2:67.29
|
R3:67.35
|
|
PIVOT
: 67.12
|
S1:67.01
|
S2:66.95
|
S3:66.84
|
The Indian rupee opened marginally higher
at 66.99 per dollar on Wednesday versus 67.01 Tuesday. The rupee will
trade with a negative bias today due to global concerns, but it can find some
support at 67.20/dollar. The trading range for the day is seen between
66.80-67.20/dollar.
TOP GAINER vs TOP LOSER
---TOP GAINER---
|
Company
|
Prev.
Close(Rs.)
|
Current
Price(Rs.)
|
%
Change
|
|
BHARTI INFRA
|
355.95
|
372.65
|
+4.69
|
|
EICHER MOTOR
|
23427.80
|
24198.65
|
+3.29
|
|
HINDALCO
|
145.60
|
149.55
|
+2.71
|
|
TATA STEEL
|
365.60
|
369.80
|
+1.15
|
|
HUL
|
902.90
|
913.5
|
+1.12
|
--TOP LOSER--
|
Company
|
Prev.
Close(Rs.)
|
Current
Price(Rs.)
|
%
Change
|
|
POWER GRID
|
178.10
|
175.30
|
-1.57
|
|
BANKBARODA
|
166.70
|
164.35
|
-1.41
|
|
SBI
|
254.45
|
251.15
|
-1.30
|
|
IRC LTD.
|
256.95
|
253.65
|
-1.28
|
|
AMBUJA CEMENT
|
267.20
|
264.40
|
-1.05
|
|
|
|
|
|
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