Showing posts with label share market tips. Show all posts
Showing posts with label share market tips. Show all posts

28/02/2017

BANKS RALLY PUSHES UP SENSEX OVER 200 POINTS, NIFTY EYES 8950 | TODAY NIFTY REPORT UPDATE 01 MARCH 2017.

NIFTY REPORT
NIFTY FUTURE :
R1:8937
R2:8964
R3:8991
PIVOT :8910
S1:8882
S2:8856
S3:8828





CHART INTERPRETATION

RSI (75) suggests overbought situation on index. Nifty break 52week high but didn’t manage to close above that. Nifty find a stiff resistance near 8970 and have closing at 8956. This week, the indices tested the short term average of 6EMA Nifty – 8800 close above it and 14EMA Nifty- 8745.The indices continue to remain above  the medium term average of 28WMA Nifty – 8710. Thus the trend in the short term, medium term and even the long term timeframe continues to remain upwards. A significant close above 8970 may open the gates for new highs.

INDEX OUTLOOK

NIFTY FUTURE:  We have now revised the immediate support threshold for the index upwards to 8710-8650 region. We believe the current breather to work out the overbought conditions will attract demand at the earmarked support zone of 8650 as it is the confluence of following: ¾ 61.8% retracement of the up move post Union Budget (8537 to 8814) is placed at 8650 region ¾ Previous weeks congestion area is placed near 8670 region¾ Lower band of the short term rising channel encompassing current up move is also placed around 8650 region

STRATEGY:  Sell  Nifty Future below 8940-8950 for the target of 8900-8860 with the stop loss of 8990.

SECTORIAL INDICES

Key Indices – Levels to watch out for the day
INDEX (Spot)
RESISTANCE 2
RESISTANCE 1
LTP
SUPPORT 1
SUPPORT 2
SENSEX
29100
28900
28743.32
28600
28450
NIFTY
8985
8930
8879.60
8840
8800
NIFTYBANK
20950
20800
20607.25
20450
20300
NIFTYIT
10930
10800
10680.95
10580
10450
CORPORATE NEWS

Tata Teleservices gained as Tata Sons agreed to pay USD 1.17bn in damages to NTT DoCoMo in their long running dispute over the latter’s exit from the Joint Venture in India. Shares closed up 19.4%.
Lupin announced that the US Food and Drug Administration (US FDA) had granted it approval to market the generic version of Braintree Laboratories’ Suprep Bowel Prep Kit, which has a market of USD 207mn in the USA.
Shares of Logistics companies rallied after the Economic Affairs Secretary announced that the GST will be rolled out on 1st July 2017. Shares of Gati, VRL, Snowman, Allcargo Logistics gained 1-6%.
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20/02/2017

SENSEX, NIFTY OPEN FLAT WITH POSITIVE BIAS | TODAY SHARE MARKET OUTLOOK 21 FEB 2017.



Equity benchmarks opened flat with a positive bias on Tuesday, with the Nifty inching towards 8900 level, led by technology, healthcare and metals stocks. The 30-share BSE Sensex was up 34.26 points at 28695.84 and the 50-share NSE Nifty rose 13.05 points to 8892.25. Infosys gained 1 percent on hopes of share buyback. Reliance Industries, Axis Bank, ONGC and Sun Pharma were other gainers while HDFC Bank fell 0.6 percent on profit booking. Bharti Airtel, ITC, Maruti, Cipla and GAIL were other losers. Ambuja Cements fell 2 percent after fourth quarter earnings. Profit grew by 59.9 percent on low base in year-ago period. Markets in Asia traded mostly higher, as traders searched for direction following a public holiday in the US on Monday. In Japan, the Nikkei 225 added 0.65 percent, while across the Korean Strait, the Kospi was up 1.06 percent.


Read more at: http://www.moneycontrol.com/news/local-markets/sensex-nifty-open-flatpositive-bias-infosys-gains_8530221.html?utm_source=ref_article
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19/09/2016

TODAY STOCK MARKET DERIVATIVE REPORT OUTLOOK 20 SEPTEMBER 2016.

NIFTY FUTURE | DERIVATIVE REPORT
NIFTY OUTLOOK
NIFTY FUTURE :
R1:8854
R2:8876
R3:8903
PIVOT :8826
S1:8804
S2:8776
S3:8754



Equity benchmarks closed range bound session on a positive note Monday following the rally in global peers ahead of central bank meetings in the US and Japan. Nifty held psychological 8800 level throughout the session, up 28.55 points at 8808.40. The BSE Midcap index and BSE Smallcap index were trading 0.61 per cent and 0.61 per cent up at 13129.63 and 12842.60, respectively. ICICI Prudential Life Insurance IPO subscribed 7 per cent on the first day of offer till 1 pm. investors remained on sidelines as they cautiously waited for the outcome of two-day Federal Reserve and Bank of Japan's meetings later in the week.

Nifty open flat on Monday  and  shown range bound movement over the full market hour’s. Nifty next support would be 8700-8750.Traders can go short on a break below 8600. Range bound movement may be seen in Nifty ,if its maintain the level of 8800 so, up sided movement would be up to 9050-9150.



NIFTY BANK FUTURE






NIFTY BANK OUTLOOK


NIFTY FUTURE :
R1:20077
R2:20168
R3:20245
PIVOT :19999
S1:19908
S2:19831
S3:19740






Bank nifty open gap up and shown range bound movement over the full trading session on Monday, Bank Nifty upward movement would be seen above 20000, below 19800 bank nifty downside level  may be 19600-19400. INDUSIND BANK (+3.03%) and  ICICI BANK (+1.59%) is the top gainers of the day.

Bank nifty opened up at 20001.75, to its previous closing 19944.95 on Monday and touched high of 20090.35. In  Bank nifty bullish trend seen above the level of 20000-20500. if it’s maintain the level, then new level 20800-20900 will be expected. Below 19800 bank nifty downward  movement seen in between the level of  19600-19400.



USDINR


USDINR :
R1:67.02
R2:67.07
R3:67.15
PIVOT : 66.94
S1:66.89
S2:66.81
S3:66.76





The Indian rupee opened marginally higher by 3 paise at 66.95 per dollar on Monday versus 66.98 Friday. A weak dollar versus peers and positive cues from global equity market will help the rupee appreciate today. The US dollar hit a more than two-week high against a basket of major currencies on Friday after US inflation data boosted bets on a faster pace of Federal Reserve interest rate hikes, while uncertainty ahead of a Bank of Japan meeting limited the dollar's gains against the yen.


TOP GAINER vs  TOP LOSER:-


----TOP GAINER----


Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
INDUSIND BANK
1169.65
1205.10
+3.03
AUROPHARMA
785.15
804.85
+2.51
TATA CONSULT.
2361.70
2411.45
+2.11
TATA POWER
75.45
76.85
+1.86
ADANI PORT
271.15
276.15
+1.84

----TOP LOSER----

Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
MARUTI SUZUKI
5573.30
5491.90
-1.46
AXIS BANK
602.20
594.35
-1.30
BAJAJ AUTO
2981.60
2945.85
-1.20
BHARTI INFRATEL
351.55
348.75
-0.80
HERO MOTOCORP
3588.70
3564.05
-0.69











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18/09/2016

STOCK MARKET TIPS | DERIVATIVE REPORT UPDATE 19 SEPTEMBER 2016.

NIFTY FUTURE | DERIVATIVE REPORT UPDATE 19 SEPTEMBER.


NIFTY OUTLOOK
NIFTY FUTURE :
R1:8868
R2:8928
R3:8977
PIVOT :8818
S1:8758
S2:8709
S3:8649



The Sen sex ended with a gain of 186 points at 28,599. While the Nifty closed with a gain of 37 points at 8,780. The Indian stock market carried on with its northward journey and rallied for the third straight session tracking a positive trend seen in Asian markets after weak US data reduced the already low chance of an interest rate hike by the Federal Reserve at next week's meeting. The domestic market came off their intra-day highs as investors booked profits at higher levels amid weak European cues. The Nifty gave up its gains of the day slipping below the 8,800 mark. FM CG, Oil & gas, IT, energy, auto, telecom and consumer durables stocks led from the front. On the other hand, metal, finance, banking and energy stocks were among the losers. Finance Minister Arun Jaitley said that the steel sector is slowly turning around with companies beginning to pay interest to banks, and banks are optimistic about the infrastructure sector.

Nifty open up on Friday  and  shown range bound movement over the full market hour’s. Nifty next support would be 8700-8750.Traders can go short on a break below 8600. Range bound movement may be seen in Nifty ,if its maintain the level of 8800 so, up sided movement would be up to 9050-9150.


NIFTY BANK FUTURE





NIFTY  BANK OUTLOOK:-

NIFTY FUTURE :
R1:20216
R2:20488
R3:20659
PIVOT :20045
S1:19774
S2:19603
S3:19331




Bank nifty open gap up and shown uptrend  movement for initial 1 hour’s of the trading session on Friday, after that heavy selling seen in bank nifty and its fill the morning gap and closed at 19944.95 . Bank Nifty upward movement would be seen above 20000, below 19800 bank nifty downside level  may be 19600-19400.YES BANK (-4.26%) and ICICI BANK (-1.20%) is the top losers of the day.

Bank nifty opened up at 20230.50, to its previous closing 19938.20 on Friday and touched high of 20317.40. In  Bank nifty bullish trend seen above the level of 20000-20500. if it’s maintain the level, then new level 20800-20900 will be expected. Below 19800 bank nifty downward  movement seen in between the level of  19600-19400.

USDINR

USDINR :
R1:67.09
R2:67.17
R3:67.30
PIVOT : 66.96
S1:66.88
S2:66.75
S3:66.67



The Indian rupee gained in the early trade on Friday. It has opened higher by 16 paise at 66.86 per dollar versus 67.02 Thursday. Rumored comments from Commerce Ministry was the main mover in the currency market yesterday. Latest US data has been on the weaker side. Given this background, the rupee is expected to trade within a range of 66.90-67.10/dollar. The US dollar reversed earlier gains against the yen as traders doubted that the Bank of Japan will be able to weaken the yen with more policy stimulus, while profit-taking and gains in commodity currencies also weighed on the greenback.




TOP GAINER vs TOP LOSER

-----TOP GAINER----

Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
EICHER MOTOR
22440.05
23135.25
+3.10
GRASIM INDS.
4728.05
4853.35
+2.65
AXIS BANK
588.75
602.20
+2.28
MARUTI SUZUKI
5452.40
5573.30
+2.22
BHARTI INFRA.
344.75
351.55
+1.97


----TOP LOSER----

Company
Prev. Close(Rs.)
Current Price(Rs.)
% Change
YES BANK
1221.80
1169.80
-4.26
BHEL
150.30
146.65
-2.43
ZEEL
530.85
519.45
-2.15
TATA STEEL
366.40
358.85
-2.06
HINDALCO
145.55
142.65
-1.99







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