NIFTY RECLAIMS 8200 SENSEX RISES OVER 300 PTS | TODAY NIFTY OUTLOOK MARKET UPDATES 16 NOV 2015.

NIFTY REPORT | DERIVATIVE REPORT

NIFTY OUTLOOK

NIFTY FUTURE :	R1:8243	R2:8347	R3:8407
PIVOT :8183	S1:8079	S2:8020	S3:7916

Sensex ended with a loss of 514 points at 26,305 while Nifty closed with a loss of 188 points at 8,108. The Indian stock market domestic market has dropped in opening dragged by index heavyweights. The market fell for a second straight session as automakers, consumer discretionary and real estate companies continued to extend their losses on the anticipated slowdown in spending as a result of the nationwide cash crunch. India’s WPI for the month of October unexpectedly fell to 3.39%, from 3.57% in September. The BSE Mid-cap Index is trading down3.67% at 12,007, whereas BSE Small-cap Index is trading down 4.33% at 11,944. All sectors are showing weakness on NSE except IT and banking index in green. The INDIA VIX is up 9.81% at 19.0700. Out of 1,887 stocks traded on the NSE, 1,480 declined, 147 advanced and 260 remained unchanged today.

Nifty open flat on Tuesday  and  shown bearish movement over the full trading hour’s .nifty trade near the level of 8100 today .above the level of 8550 bull trend will be seen in nifty future. Down side targets for nifty would be 7900-8000. next support level of nifty would be 7970.

NIFTY BANK REPORT

NIFTY BANK OUTLOOK

BANK  NIFTY FUTURE :	R1:19736	R2:20114	R3:20329
PIVOT :19521	S1:19144	S2:18928	S3:18551

Bank nifty open Flat today and showing range bound movement over the full market hour’s.  Bank nifty  on technical chart have support of 19000, below that level next level for bank nifty would be 18400-18600. Above the level of 19500 upside movement can be seen. INDUSIND BANK (-8.32%) and YES BANK  (-4.73%) is the top losers  of the day.

Bank nifty Open flat  at 19840.00, to its previous closing 19820.25 on Tuesday and touched high of 19898.85. bank nifty have support of 19000,if bank nifty not sustain at that level ,next level of bank nifty would be 18700-18500.On the other hand above 19600 ,new level for Bank nifty would be 20000-20500.

USDINR

USDINR :	R1:68.17	R2:68.48	R3:69.02
PIVOT : 67.63	S1:67.32	S2:66.78	S3:66.47

The Indian rupee declined in the early trade on Tuesday. It has opened lower by 37 paise at 67.62 per dollar versus 67.25 Friday. The markets across the globe are divided on the possible US policies under the new President. Meanwhile the dollar Index has now crossed 100 levels. The dollar rose to an 11-month high against a basket of major currencies, in step with a jump in US bond yields as traders bet fiscal and trade policies under a Donald Trump administration would stoke inflation.

ASIAN MARKETS

NAME	CHANGE	% CHANGE
NIKKEI 225	-4.47	-0.03
STRAITS TIMES	10.28	0.37
HANG SENG	101.69	0.46
TAIWAN WEIGHTED	-9.37	-0.10

Asian markets finished mixed as of the most recent closing prices. The Hang Seng gained 0.46%, while the Shanghai Composite led the Nikkei 225 lower. They fell 0.11% and 0.03% respectively.

INDIAN MARKETS

Name	Change	% Change	Open	High	Low
Nifty 50	-187.85	-2.32	8284.85	8288.55	8093.20
Nifty Bank	-449.05	-2.33	19808.35	19861.75	19240.45
Nifty Metal	-142.55	-5.34	2786.55	2812.90	2659.25
Nifty Pharma	-153.35	-1.43	10955.75	10991.60	10686.25
Nifty Realty	-8.65	-5.42	167.20	168.00	158.70

Name	Change	% Change	Open	High	Low
Sensex	-514.19	-1.95	26809.61	26809.61	26253.63
S&P BSE Small Cap	-583.06	-4.90	12515.67	12516.57	11836.10
S&P BSE Midcap	-487.00	-4.07	12487.24	12488.97	11899.43

TOP GAINER vs TOP LOSER

TOP GAINER

Company	Prev. Close(Rs.)	Current Price(Rs.)	% Change
BANK OF BARODA	160.50	174.30	+8.60
IDEA	69.95	71.35	+2.00
SBI	273	278.20	+1.90
DR.REDDY’S LABS	3256.25	3310.70	+1.67
WIPRO	442.35	447.95	+1.27

TOP LOSER

Company	Prev. Close(Rs.)	Current Price(Rs.)	% Change
TATA MOTORS	507.30	457.40	-9.84
GRASIM INDS.	899	819.30	-8.87
INDUSIND BANK	1192.35	1093.10	-8.32
TATA STEEL	426.50	393.05	-7.84
ASIAN PAINTS LTD.	962.30	890.80	-7.43

ERL GOLABAL RESEARCH PVT LTD

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