05/02/2017

NIFTY HOVERS AROUND 8800 AS INVESTORS AWAIT RBI policy | DERIVATIVE REPORT MARKET OUTLOOK 06 FEB 2017.

DERIVATIVE REPORT | NIFTY FUTURE REPORT




NIFTY FUTURE REPORT


NIFTY FUTURE :
R1:8770
R2:8786
R3:8809
PIVOT :8747
S1:8731
S2:8709
S3:8693



Markets witnessed some positive movement in the opening and closing hours. Nifty was in negative territory in the afternoon session. It managed to close above crucial level of 8700 at 8738.80, up by 6.7 points or 0.08%. Sensex closed at 28240.22 levels, up by 13.61 points or 0.05%. Both the indices closed at their four months’ closing high. Broader markets outperformed the major indices. BSE Mid-cap index closed at 13281.65 levels, up by 76.29 points or 0.58%. BSE Small-cap index closed at 13419.71 levels, up by 141.09 points or 1.1%. Sun TV was the star performer of the day. The stock was top performer in the bunch of mid-cap sector stocks. It closed at Rs 686 per share, up by 24.31%. Bombay Stock Exchange, made a remarkable initial run on the NSE. The first IPO of the year, finally listed at a premium of 35%. The stock also hit a high of Rs 1200 per share at its first hour of trade, and at this price it was trading 49% above its issue price of Rs 806 per share. February 3 was a busy day in the share market, since almost 100 stocks are scheduled to announce their results for the quarter ended on December 31, 2016. There were 826 advances, 524 declines and 49 unchanged stocks on NSE, reflecting strong positivity floating in the market.

Today, Nifty open at 8744.95 to its previous closing at 8754.35 .Nifty will continue its Bullish  movement ahead. On daily chart, nifty can touch the level of 8750-8900.Whereas, if nifty unable to sustain above 8400 then further selling pressure can be seen. Support for nifty seen on daily time frame at 8680 ,if nifty not able to retain that level downside level is between the 8480-8400, 8400 is the next support for nifty.

NIFTY BANK  FUTURE  REPORT


NIFTY BANK  FUTURE OUTLOOK

BANK  NIFTY FUTURE :
R1:20343
R2:20431
R3:20574
PIVOT :20200
S1:20112
S2:19969
S3:19881


Bank nifty open flat today and shown range bound movement over the full trading hour’s.  Its closed above 20256.45 ,above 20000 level, new level for bank nifty would be 20400-20600 come soon. BANK OF BARODA and AXIS BANK is the gainers of the day (+4.95%)  and (+1.69%) Respectively.

Bank nifty open at 20073.45 to its previous closing at 20117.05 on Friday. Major support of bank nifty seen at 19800-19950. on daily time frame. Its closed at 20256.45 on Friday session. Bank nifty may be touch the new high at the level of 20400-20600 soon. Above 20100 bullish trend might be follow by bank nifty, trader  can keep eye on its support & consolidation phase between the 19600-19800. Below that support short position might be seen.

USDINR 

USDINR :
R1:67.55
R2:67.64
R3:67.71
PIVOT : 67.48
S1:67.39
S2:67.32
S3:67.23


The Indian rupee closed higher for eighth straight session after the US currency saw higher selling by exporters and banks amid foreign fund inflows. Traders are cautious ahead of the US jobs data due later on Friday. The Indian rupee closed higher by six paise at 67.31/$ on Friday. The rupee touched a high and a low of 67.44 and 67.57 respectively. The Reserve Bank of India’s (RBI) reference rate as on February 3, for the dollar stood at 67.38 while for the Euro it was 72.44. The RBI’s reference rate for the Yen stood at 59.60; reference rate for the Great Britain Pound (GBP) stood at 84.32.

ASIAN MARKETS

NAME
CHANGE
% CHANGE
NIKKEI 225
3.62
0.02
STRAITS TIMES
-2.14
-0.07
HANG SENG
-55.31
-0.24
TAIWAN WEIGHTED
26.59
0.28



]

Asian markets finished mixed as of the most recent closing prices. The Nikkei 225 gained 0.02%, while the Shanghai Composite led the Hang Seng lower. They fell 0.60% and 0.24% respectively.

INDIAN MARKETS

Name
         Change
   % Change
            Open
             High
           Low
Nifty 50
6.70
0.08
8735.15
8748.25
8707.75
Nifty Bank
126.50
0.63
20061.90
20229.65
20009.95
Nifty Metal
-18.75
-0.60
3144.50
  3170.45
3105.75
Nifty Pharma
153.00
1.45
10473.95
10576.15
10417.85
Nifty Realty
1.65
0.87
189.35
191.40
188.00






Name
      Change
    % Change
           Open
          High
            Low
Sensex
13.91
0.05
28270.67
28280.58
28127.18
S&P BSE
Small Cap
143.48
1.07

13310.99
13430.01
13310.87
S&P BSE
Midcap
80.05
0.60
13253.00
13364.08
13251.17














TOP GAINER VS TOP LOSER

TOP GAINER
Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
BANK BARODA
177.65
186.45
+4.95
TECH MAHINDRA
461.10
480.45
+4.20
CIPLA
584.35
607.90
+4.03
BHEL
139
142.70
+2.66
BHARTI INFRATEL
292.50
299.85
+2.51
TOP LOSER
Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
BOSCH
22947.15
22419.35
-2.30
ZEEL
507.40
495.85
-2.28
TATA MOTORS
531.50
522.60
-1.60
EICHER MOTORS
23779.15
23385.90
-1.65
ICICI BANK
285.80

281.55
-1.49




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