25/12/2016

NIFTY AT OVER 7 MONTH LOW, TEST 7900, SENSEX TANKS 250 PTS | TODAY NIFTY REPORT UPDATE 26 DEC 2016.

DERIVATIVE REPORT | NIFTY FUTURE REPORT


NIFTY FUTURE OUTLOOK

NIFTY FUTURE :
R1:8037
R2:8079
R3:8121
PIVOT :7995
S1:7952
S2:7910
S3:7868



The key benchmark indices snapped a seventh-day losing streak on Friday and ended on a positive note. The Nifty50 closed slightly up at 7,985, after briefly recapturing the 8,000 level. Sensex ended with a gain of 61 points at 26,041.  After opening on a negative note indices remained under pressure and slipped lower in the first half. The equity benchmarks erased some gains in afternoon trade due to lack of domestic as well as global cues ahead of Christmas holiday. The India VIX (Volatility) index was down 2.73% at 15.12. The BSE Midcap and Smallcap indices ended lower. The rupee was trading up 21 paise at 67.78 per US dollar. On the global front, Asian stocks closed on mixed note. The Shanghai Composite index dropped 1%, Hong Kong’s Hang Seng and Nikkei 225 index closed marginally lower In Europe, the FTSE 100 was trading marginally lower. DAX and the CAC 40 were trading in green. Today the following stocks broke the barrier and went below 200-DMA: Tata Motors, Eicher Motors, Taj GVK Hotels, Muthoot Capital, HDFC, Union Bank of India, Dewan Housing Finance, Reliance Capital.

Nifty open down  on Friday  and  shown Bearish  trend   over the full trading hour’s.  Nifty closed below the  8000 today. 8000 -7900 is the support of nifty if its break that level down side pressure will be seen. Nifty may be taste the level of 7900-7950. Above 8250 new level of nifty would be 8300-8350.

NIFTY BANK FUTURE REPORT


NIFTY BANK FUTURE OUTLOOK

BANK  NIFTY FUTURE :
R1:17981
R2:18055
R3:18122
PIVOT :17914
S1:17840
S2:17773
S3:17699



Bank nifty open Gap down  today and showing Bearish movement, over the full trading hour’s. Bank nifty closed below 18000 again . below 18000-17900 next level would be 17700-17800. Bank nifty have major support of 17700-17800 on daily time frame. AXIS BANK  (-2.11%) and BANK OF BARODA (-1.32%) is the top losers of the day.

Bank nifty Open gap down  at 17889.20, to its previous closing 17934.65 on Friday and touched high of 17988.00.  Today’s  bank nifty made a low of 17847.05. Below 18000 next level for bank nifty would be 17700-17900. Bank nifty can be trade between the range of 18300-18800 

USDINR

USDINR :
R1:67.91
R2:68.01
R3:68.09
PIVOT : 67.83
S1:67.73
S2:67.65
S3:67.55



The Indian Rupee depreciated marginally by 0.0 1% yesterday owing to the persistent buying of the American currency by importers and banks amid higher US Dollar in the  overseas market. The prospect of three more rate hikes in the US  prompted the traders to park their funds in dollar denominated  assets which affected India’s foreign inflows in turn. The Indian rupee is expected to depreciate tracking losses in Asian markets a s the forthcoming Christmas holidays will keep the volumes thin. Moreover, persistent buying of the American currency by importers and banks amid higher US Dollar  in the  overseas market will add to the woes.

ASIAN MARKETS

NAME
CHANGE
% CHANGE
NIKKEI 225
-16.82
-0.09
STRAITS TIMES
-10.99
-0.38
HANG SENG
-61.44
-0.28
TAIWAN WEIGHTED
-40.11
-0.44






Asian markets finished lower on Friday with shares in China leading the region. The Shanghai Composite is down 0.94% while Hong Kong's Hang Seng is off 0.28% and Japan's Nikkei 225 is lower by 0.09%.

INDIAN MARKETS

Name
  Change
 % Change
    Open
 High
      Low
Nifty 50
6.65
0.08
7972.50
8022.60
7942.05
Nifty Bank
-7.45
-0.04
17849.25
17962.30
17819.75
Nifty Metal
-7.40
-0.28
2628.00
2641.90
2598.65
Nifty Pharma
-69.50
-0.68
10252.10
10318.10
10075.20
Nifty Realty
-2.15
-1.31
165.85
167.00
164.20







 
Name
 Change
% Change
    Open
    High
      Low
Sensex
61.10
0.23
25959.99
26143.19
      25872.38
S&P BSE
Small Cap
-4.88
-0.04

11805.91
11854.77
      11751.29
S&P BSE
Midcap
-47.79
-0.41
11801.59
11875.99
      11728.76
















TOP GAINER vs TOP LOSER

TOP GAINER
Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
CIPLA
561.40
582.30
+3.72
BOSCH LTD.
19234.95
19715.95
+2.50
SUN PHARMA
609.15
623.50
+2.36
MARUTI SUZUKI
5084.40
5197.15
+2.13
BAJAJ AUTO
2564.15
2618.80
+2.13

TOP LOSER
Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
HCL TECH.
817.10
793.75
-2.86
AXIS BANK
447.55
438.10
-2.11
EICHER MOTORS
21305.35
20921.90
-1.80
AURO PHARMA
659
647.55
-1.74
TECH MAHINDRA
473.95
467.10
-1.45




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