Nifty Technical Views For Tomorrow 21-Dec

Nifty witnessed selling pressure from resistance near 4,650 levels and closed in deep red below 4,550 levels. After making hammer candlestick pattern on daily charts, Nifty made long black candlestick pattern which shows that Bear are having control at the moment. Selling pressure may be continuing below 4530-4500 zone. On the other hand, if Nifty respect support at 4530-4500 zone then recovery may also be seen. 

For Intraday trading tomorrow 21-Dec, the trend deciding level is at 4,550. If Nifty shows strength above 4,550 levels, then rally to 4,600/4,640/4,700 may be seen. If Nifty does not show strength above 4,550 levels then selling pressure till 4,500/4,450/4,400 may also be seen.

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Stock Market Trends For Friday 11-Nov

Indian markets traded rangebound today and came down sharply with substantial losses in the last hour to close. The market breadth was negative with advances at 307 against declines of 1001 on the NSE. Nifty is likely to continue its volatile trend in coming trading sessions ahead.

For Intraday Trading on Friday 11-Nov, trend deciding level at 5250. If Nifty manages to trade above this levels then it may find resistance levels around 5290-5335. On the downside if Nifty fails to trade above 5250 then it is likely to find support at 5180-5145-5100. Traders are advised to trade in small quantity with caution.

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Nifty Intraday Outlook For Tomorrow 04-Nov

By looking on Nifty charts it is expected that Nifty is likely to trade in 5,150-5,400 range and volatility may be seen in this range in coming trading sessions. Traders are advised to be cautious in this range. 

For Intraday trading tomorrow, trend deciding level is at 5,280. If Nifty shows strength above 5,280 levels, then rally to 5,310/5,350/5,400 may be seen. If Nifty does not show strength above 5,280 levels then profit booking till 5,200/5,150/5,100 may also be seen.

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Markets Outlook For Tomorrow 03-Nov

For intraday trading tomorrow Nifty has important support zone at 5,220 level. Today Nifty managed to close above 5,240 level again, however the short term trend has turned bearish. Below 5,220, next support exists at 5,175-5,150 levels. On upside resistance exist at 5,300-5,350. Global events and announcements are likely to make market highly volatile. Outcome of fed reserve meeting could provide trigger for the market.

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Nifty Outlook and Trading Tips For Tomorrow 02-Nov

With the corrective decline of past couple of sessions Nifty has now come close to a support level of 5,200 and below that there is support placed at 5,150. On higher levels, 5300 may act as the immediate resistance level for Nifty and any gains above these levels are likely to face stiff resistance at 5340-5375. We advise to traders and investors a wait and watch approach for any fresh long positions till the time we do not see any signs of stability near 5,200 to 5,150 levels.

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Nifty Intraday Outlook For Tomorrow 01-Nov

A range-bound session was seen in Indian Stock Markets. Both benchmark indices (Sensex and Nifty) closed with the index losing 0.56% and 0.64% respectively amid weak global cues. For the day, Nifty opened flat at 5358.90 from the previous close of 5360.70. It made a high near the open at 5360.25 and low at 5314.60 before closing at 5326.60 or 34 points in red. The volatility for the day increased by 8.5 %.

For intraday trading tomorrow, we can see 5300-5260 as the support levels. On higher levels, 5365 may act as the immediate resistance level for Nifty and any gains above these levels are likely to face stiff resistance at 5400-5450. Traders are advised to trade with caution and strict stop-loss.

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Nifty Outlook For Tomorrow 19-Oct

Indian stock markets saw high selling pressure today and closed with losing 1.6%. For the session, Nifty opened below 5050 mark at 5049.45, down 69 points from previous close of 5118.25. It made a high at 5057.50 in the opening trade and made low for the day at 5011.05 levels. The index finally closed the range-bound session at 5037.50.

For intraday trading tomorrow, we can see 5000-4960 as the immediate support levels. On higher levels, 5060 may act as the immediate resistance for Nifty and any gains above these levels are likely to face stiff resistance at 5100- 5135.

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Nifty Outlook and Trading Strategy For Tomorrow 18-Oct

Choppy trend was in Indian Stock Markets Today. The market will take cues from the global markets and is expected to open on a flat to positive note tomorrow. The result announcement of key heavyweights in the following week may also affect in coming trading sessions . Global news flow too will have a significant impact on market trend. For Nifty tomorrow good support exists at 5050 level, on upside level of 5,170-5200 may act as a strong resistance. Traders and investors are recommended to long above 5,100 else from 5,110, with a stop loss placed at 5,070, for targets of 5,150-5,170.

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Nifty Outlook and Trading Strategy For Tomorrow 14-Oct

Markets traded choppy with high volatility today and lost all the morning gains to close in moderate loss. Nifty today closed slightly lower on minor profit taking ahead of the monthly inflation data which is expected to move up further.

Heavyweight Reliance Industries will be announcing the Q2FY12 results on 15 October; this along with global news flows will have a significant impact on market trend. Good support exists at 4,900 level, on upside level of 5,200 is acting as a strong resistance.

Nifty Trading Strategy For Tomorrow

Trade long from 5,070-5,080 for targets of 5,120-5,150 with a stop loss below 5,050. Alternatively trade short below 5,050 for targets of 5,000.

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Nifty Intraday Outlook For Tomorrow 13-Oct

It was fantastic day for Indian Stock Markets as both benchmark indices (Nifty & Sensex) closed with significant gains today. Today Nifty has crossed its psychologically important level of 5000 which is very good indication for market in coming trading sessions.

For intraday trading tomorrow, trend deciding level at 5115. For Nifty 5030 may act as the immediate support level. On upside, 5150-5200 is the immediate resistance for Nifty and any gains above these levels are likely to face stiff resistance at 5240.

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Nifty Outlook For Tomorrow 12 Oct

The markets traded good with significant gains in the morning session but came down sharply in the afternoon to close in negative. For coming trading sessions good support exists at 4,750 level, below which Nifty is likely to test the levels of 4,675 and then 4,600 levels. On upside level of 5,200 is acting as a strong resistance.

For intraday trading tomorrow, we can see 4925 as the immediate support level. On higher levels, 5025 is the immediate resistance for Nifty and any gains above these levels are likely to face stiff resistance at 5080-5130.

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Nifty Trend and Trading Strategy For Monday 10-Oct

Indian markets is likely to take cues from more economic data from US and Europe. Moody`s has already downgraded ratings of 12 UK banks, which is a reflection of the situation of financial institutions there. Domestically, IIP data for August will also be closely watched.

For intraday trading on Monday, good support for Nifty exists at 4,825 level, below which Nifty is likely to test the levels of 4,750. On upside Nifty could find strong resistance at 4,950 and any trades above this level may lead Nifty to 5025-5100 levels.

Trading Strategy For Monday
Trade short in Nifty, below 4,900 levels else from 4,920 levels, with a stop loss placed at 4,950 levels for targets of 4,830 and 4,800 levels.

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Nifty Trend For Tomorrow 07-Oct

By looking at Nifty daily charts we are observing that bears are having control at the moment. Further downside momentum may continue, if Nifty trades below 4,700 levels. On the other hand, if Nifty manages to trade above 4,700 levels then some recovery may also be seen in coming trading sessions.

For intraday trading tomorrow, trend deciding level is at 4,750. If Nifty shows strength above 4,750 levels, then rally to 4,800-4,850-4,880 may be seen. On the downside if Nifty does not show strength above 4,750 levels then selling pressure till 4,715-4,680-4,650 may also be seen.

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Nifty Intraday Outlook For Tomorrow 05-Oct

It was day of high volatility in Indian Stock Markets. Market witnessed intense selling pressure on the second half part of trading session following downgrade of SBI rating by Moody's. Overall trend of the market is still negative and if Nifty moves and closes below this level then further selling can be seen, because there are no major positive triggers for the market.

For intraday trading tomorrow, trend deciding level is at 4,800. If Nifty shows strength above this level, then rally to 4838-4875 may be seen. On the downside if Nifty trades below 4750 level then selling pressure till 4,710-4,665 may also be seen.

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Nifty Outlook For Monday 03-Oct

Indian markets performed well during this week, and both indices (Nifty & Sensex) was up 1.6%. Lingering uncertainties over the Eurozone debt crisis coupled with trepidation about slowdown in the US and China continued to act as overhang on the Indian markets. Market may remain bearish in next trading days until Nifty trades above 5050 and manages to sustain above this level.

While commenting on Nifty Outlook for Monday it has strong resistance at 4985-5050. Any fresh buying position should be initiated above 4965 levels for targeting 5000-5030 On the downside Nifty may find support around 4900-4855 levels. Traders are advised to trade cautiously.

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Nifty Outlook For Tomorrow 30-Sept

Indian bounced back on the F&O expiry and closed above a crucial psychological levels of 5000 with significant gains. Auto sectors and banking  sectors were the prime drivers of the upswing and IT also consolidated its gains along with them.

For intraday trading session, Nifty could find support level at 4970/4940/4900 . On higher levels, 5050 is the immediate resistance for it and any gains above these levels are likely to face stiff resistance at 5090/5130.

Ref : Nifty Outlook

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Nifty Intraday Outlook For Tomorrow 29-Sept

Nifty witnessed profit-booking from higher levels and was unable to sustain above 4,980 level today. For Nifty Today Intraday support was seen at 4,920 level. Short term trend is positive, however, medium term trend continues to be weak.

For intraday trading tomorrow, trend deciding level is at 4,968. If Nifty shows strength above this level, then rally to 5,010-5,050-5,080 may be seen. On the downside if Nifty does not show strength above 4968 level then selling pressure till 4,900-4,855 may also be seen.

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Markets Outlook For Tomorrow 28-Sept

It was a cheerful day for Indian Stock Markets, as market closed with significant gains today. Both benchmark indices (Nifty and Sensex) witnessed a pullback rally on account of positive global cues.

On Nifty charts, we can see that the momentum oscillators RSI has changed direction, now are northbound. For intraday trading session, Nifty is likely to find support levels at 4932-4900-4865. On higher levels, 5010 may act as the immediate resistance level for Nifty and any gains above this level is likely to face stiff resistance at 5050-5090. F&O expiry is scheduled in this this week, so volatility will remain high and traders are advised to trade with cautions.

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Nifty Intraday Outlook For Tomorrow 27-Sept

It was weak opening in Indian stock market today. Significant recovery was seen after choppy morning session. Nifty dragged down below the psychological level of 4800 to make a low at 4758.85 in the first half of the session after which bulls got activated and pulled it up to close the day at 4835.40 or down 0.7%. High volatility was seen for the session.

On Nifty daily charts, we are observing that the momentum oscillators RSI and Stochastic are southbound. For intraday trading tomorrow, Nifty could find supports at 4800-4755-4720. While on the upside 4875 may act as the immediate resistance for Nifty and any gains above these levels are likely to face stiff resistance at 4900-4950. Traders are advised to trade with strict stop-loss and in small quantities.

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Market Sentiments and Trading Strategy For Monday 26-Sept

Any dips from here would be utilized as buying opportunity in coming trading sessions. We expect that the previous low of 4,750 in the Nifty would act as a major support level. Whereas, 15,750 would be crucial support level for the Sensex. Even in worst of the circumstances we expect Sensex to hold 15,000 level and 4,400 in case of Nifty. Any investor with investment horizon of more than one year can enter the markets at the current levels. Markets can give around 50% returns by the end of the calendar year 2012. Banking, Infrastructure, Telecom and Power sector would be our top picks.

Going forward the market may get crucial support at 4800, if fails to move back to 4,930 levels, then once again it can test the panic bottom at 4,720 and 4,665. The only hope left during these days is the expiry of September futures and options market, which is slated to be on 29th of this month.

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