09/01/2017

NIFTY ABOVE 8250 SENSEX CLIMBS OVER 100 PTS | TODAY NIFTY MARKET REPORT UPDATE 10 JANUARY 2017.

NIFTY FUTURE REPORT | DERIVATIVE REPORT


NIFTY FUTURE OUTLOOK

NIFTY FUTURE :
R1:8267
R2:8285
R3:8299
PIVOT :8254
S1:8236
S2:8223
S3:8205



Indian markets remained mum for the whole day after a positive start. Nifty and Sensex opened on a positive note taking positive cues from US and Asian markets, but remained range bound and finally closed with marginal losses of 0.1% and 0.12% respectively. Broader markets specifically Midcap and Smallcap yet again beat the benchmark indices by closing 0.24% and 0.43% higher. On the global front, Asian markets rose on Monday tracking strong closure from the main three indices of Wall Street. The Markets remained buoyed post US jobs data and ahead of policy measures under the reign of newly elected President Trump. China was moderately higher by 0.5% led by rise in defence stocks while Hang Seng rose 0.25%. European markets opened lower where investors remained cautious ahead of fresh data from euro zone and volatile energy stocks. However, UK’s FTSE 100 remained up with 0.22% gains amid fall in UK pound. Going forward our view on Nifty remains intact where we hold 8240-8250 as the immediate resistance followed by the 8300 mark. While on the downside 8230-8200 will act as immediate support followed by 8100.

Today, Nifty open with a Flat at 8266.00 to its previous closing at 8267.65 .Nifty continued its consolidation movement and then settle down with a consolidated movement. On daily chart, nifty can touch the level of 8350-8400.Whereas, if nifty unable to sustain above 8150 then further selling pressure can be seen. Next support for nifty is lying at 7900.Nifty can be range bound between 7900-8200.

NIFTY BANK FUTURE REPORT

NIFTY BANK FUTURE OUTLOOK

BANK  NIFTY FUTURE :
R1:18393
R2:18457
R3:18521
PIVOT :18329
S1:18265
S2:18201
S3:18137


Bank nifty open Flat  today and  followed the range bound movement over the full trading hour’s  Its closed above the 18300, above that level new level for bank nifty would be 18600-18800 come soon. INDUSIND BANK and YES BANK is the gainers of the day +1.33 and +0.76 Respectively.

Bank nifty open flat at 18343.00 to its previous closing at 18265.00 on Monday. Major support of bank nifty seen at 17600 on daily time frame. Its closed above 18300 on Monday session. Bank nifty may be touch the new high at the level of 18600-18800 soon. Above 18200 bullish trend might be follow by bank nifty, trader  can keep eye on its support & consolidation phase between the 18100-18175. Below that support short position might be seen. up side target would be 18600 to 18800 with sl of 18100.

USDINR

USDINR :
R1:68.45
R2:68.53
R3:68.66
PIVOT : 68.32
S1:68.24
S2:68.11
S3:68.03



The Indian rupee declined in the early trade on Monday. It has opened lower by 21 paise at 68.17 per dollar versus 67.96 Friday. The rupee will continue to trade sideways but with a positive bias as optimism in equity market will help it appreciate. The USD-INR is expected to trade in a range of 67.80-68.20/dollar for the day. The dollar held steady after mixed US payrolls report. Yields on US 10-year notes rose from 2.33 percent to 2.42 percent on the data.

ASIAN MARKETS

NAME
CHANGE
% CHANGE
NIKKEI 225
-66.36
-0.34
STRAITS TIMES
18.91
0.63
HANG SENG
55.68
0.25
TAIWAN WEIGHTED
-29.80
-0.32






Asian markets finished mixed as of the most recent closing prices. The Shanghai Composite gained 0.54% and the Hang Seng rose 0.25%. The Nikkei 225 lost 0.34%.

INDIAN MARKETS
Name
 Change
 % Change
     Open
    High
       Low
Nifty 50
-7.75
-0.09
8259.35
8263.00
8227.75
Nifty Bank
22.65
0.12
18314.25
18373.10
18256.15
Nifty Metal
-4.05
-0.14
2810.90
2821.90
2790.60
Nifty Pharma
-149.25
-1.45
10507.15
10525.70
10307.45
Nifty Realty
1.50
0.84
177.80
180.35
177.75







Name
Change
 % Change
   Open
  High
    Low
Sensex
-32.68
-0.12
26860.81
26860.88
26701.18
S&P BSE
Small Cap
55.38
0.44

12456.46
12514.10
12450.17
S&P BSE
Midcap
28.08
0.23
12344.01
12371.03
12319.40















TOP GAINER vs TOP LOSER

TOP GAINER
Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
HCL TECH
814.40
835.20
+2.55
IDEA
72.90
74.40
+2.06
EICHER MOTORS
22717.75
22995.00
+1.22
TCS
2281.40
2308.00
+1.17
INDUSIND BANK
1144.05
1157.30
+1.16
TOP LOSER
Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
DRREDDY
3159.15
3060.10
-3.14
ONGC
202.55
198.20
-2.15
COAL INDIA
306.20
300.10
-1.99
ASIAN PAINTS
929.50
912.25
-1.86
HINDALCO
160.75
157.90
-1.77




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