06/11/2016

SENSEX GAINS OVER 250 PTS, NIFTY OPENS ABOVE 8500 | TODAY DERIVATIVE REPORT UPDATE 07 NOV 2016.

NIFTY FUTURE REPORT | DERIVATIVE REPORT 


NIFTY OUTLOOK REPORT

NIFTY FUTURE :
R1:8516
R2:8575
R3:8621
PIVOT :8471
S1:8412
S2:8366
S3:8308



Sensex opened the week at 27843, made a high of 28020, low of 27213 and closed the week at 27274. Thus it closed the week with loss of 667 points. At the same time the Nifty opened the week at 8670, made a high of 8704, low of 8425 and closed the week at 8458. The Indian stock market declined for the third consecutive session after a weak opening in European equities increased anxiety among investors ahead of next week’s U.S. presidential elections. Both the indices ended the truncated week down 2.5%. It is their biggest weekly decline since October 2. Also, sharp decline in Midcap and Smallcap pack completely unsettled the participants and pushed them on the back foot. The market has settled in a small range of Nifty 8400 on the lower side and 8500 on the higher side. Interestingly, both Sensex and Nifty took support at the long term moving average of 200dma, for all days of the past week. A close below the 200dma will pave the way for the indices to test the strong support at the Bearish Gap between Nifty 7948-7941.

Nifty open Flat on Friday  and  shown Bearish movement over the full trading hour’s .nifty trade near the level of 8430. Nifty next support would be 8380-8350. Nifty break its most important level of 8500, below that level market will be remain negative. In nifty future above the range of 8550-8630 ,trend will be change, toward  positive trend.


NIFTY BANK REPORT


BANK NIFTY OUTLOOK

BANK  NIFTY FUTURE :
R1:19264
R2:19396
R3:19507
PIVOT :19152
S1:19020
S2:18908
S3:18776



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.  BANK IF BARODA (-2.73%) and SBI BANK  (-1.14%) is the top Losers  of the day.

Bank nifty Open Flat at 19225.25, to its previous closing 19266.25 on Friday and touched high of 19285.00. 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 19800-20000.


USDINR

The Indian rupee has opened flat at 66.73 per dollar on Friday against previous day's closing of 66.74 a dollar. USD-INR pair is moving in a very narrow range and is expected to remain in range of 66.60-66.75/dollar. The dollar clawed back some lost ground against the yen, rising 0.2 % to 103.17 and pushing away from the previous session's one-month low of 102.54 yen, though still down 1.5 % for the week. The dollar index, which tracks the greenback against a basket of six rival currencies, stood at 97.177 , down 1.2 % for the week and not far from a more than three-week low of 97.041 struck overnight.

USDINR :
R1:66.96
R2:66.99
R3:67.02
PIVOT : 66.93
S1:66.90
S2:66.87
S3:66.84





ASIAN MARKETS

NAME
CHANGE
% CHANGE
NIKKEI 225
-229.32
-1.36
STRAITS TIMES
-13.28
-0.48
HANG SENG
-40.89
-0.18
TAIWAN WEIGHTED
0.88
0.01







Asian markets finished broadly lower on Friday with shares in Japan leading the region. The Nikkei 225 is down 2.98% while Hong Kong's Hang Seng is off 1.27% and China's Shanghai Composite is lower by 0.12%.

INDIAN MARKETS

Name
         Change
   % Change
            Open
             High
           Low
Nifty 50
-51.20
-0.61
8503.60
8504.00
8400.25
Nifty Bank
-120.60
-0.63
19223.85
19223.90
18961.15
Nifty Metal
-63.20
-2.36
2745.00
2758.85
2644.70
Nifty Pharma
-518.30
-4.89
10923.50
10923.50
10540.75
Nifty Realty
-5.65
-2.89
201.90
202.10
194.50







Name
      Change
    % Change
           Open
          High
            Low
Sensex
-156.13
-0.57
27465.55
27498.91
27193.61
S&P BSE
Small Cap
-289.75
-2.25

13182.83
13209.18
12790.19
S&P BSE
Midcap
-175.03
-1.36
13035.63
13049.66
12752.99














TOP GAINERS vs TOP LOSER


TOP GAINER

Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
HCL TECH
763.10
794.75
+4.15
ITC LTD.
240.30
249.05
+3.64
WIPRO
447.60
452.50
+1.09
HUL
839.40
848.00
+1.02
MAHI.&MAHI.
1360.95
1372.35
+0.84

TOP LOSER

Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
SUN PHARMA
703.65
651.50
-7.41
DR.REDDY’S LABS
3262.35
3079.70
-5.60
AUROPHARMA
769.30
728.10
-5.36
BHARTI INFRATEL
380.90
364.05
-4.42
COAL INDIA
327
315.90
-3.39







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