Market Tomorrow : Nifty Trend For 17 May 2013

Shares crawled higher Thursday, as investors trade cautiously with benchmark indices quoting at their highest levels in nearly two-and-a-half years. Buyers shifted attention to mid-cap shares, as these are now beginning to look attractive relative to frontline shares, which have risen sharply over the last month.

The 30-share BSE Sensex closed at 20247.33, up 34 points after touching a 30-month high of 20326 intra-day. The 50-share Nifty closed at 6169.90, up 23.15 points over the previous close. Key earnings announcements today included those of Bajaj Auto and Reliance Capital. Bajaj Auto shares closed marginally lower even though the net profit figure was better than analyst estimates.

Reliance Capital shares closed flat after reporting a decline in fourth quarter earnings. Shares of Apollo Hospitals, Glaxo smith kline Consumer, Wockhardt and OIL India firmed up on news of their being included in the Morgan Stanley Capital International Index from June.

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Market Closing : Trend For Tomorrow 3 May 2013

Sensex & Nifty rose on Thursday to mark their highest close since February, as interest rate-sensitive stocks gained on expectations that the Reserve Bank of India(RBI) will cut interest rates on Friday, while technology shares such as TCS rose on value buying. 

Analysts are expecting the central bank to cut interest rate by 25 basis points following which the Nifty is likely to consolidate with negative bias. A 50 bps point rate cut may push the index to 6,100 level and no rate cut may lead to a correction of over 100 points. 

The 50-share index ended at 6,002.45, up 72.25 points or 1.22 per cent. It touched a high of 6,019.45 and a low of 5,910.95 in trade today. 

The Sensex was at 19,733.76, up 229.58 points or 1.18 per cent. It touched a high of 19,792 and a low of 19,451.26 in trade today. 

The S&P BSE Midcap Index was up 0.77 per cent and the S&P BSE Smallcap Index was 0.62 per cent higher. 

Among the sectoral indices, the S&P BSE IT Index gained 2.47 per cent, the S&P BSE Capital Goods Index was 1.72 per cent higher, the S&P BSE Realty Index gained 1.42 per cent and the S&P BSE Oil & Gas Index was up 1.10 per cent. 

Reliance Infrastructure (3.52 per cent), HCL Tech (3.41 per cent), TCS (3.38 per cent), Jaiprakash Associates (3.06 per cent) and M&M (3.02 per cent) were among the top Nifty gainers. 

Shares of M&M gained after the company's total sales for the month of April increased to at 41,432, up 2 per cent, as compared to 40,715 units, year-on-year (y-o-y). 

Cairn India (1.97 per cent), Hindustan Unilever (1.95 per cent), Hero MotoCorp (1.79 per cent), Hindalco (1.49 per cent) and Tata Motors (1.17 per cent) were among the top losers.

Market breadth was positive on the NSE with 774 gainers against 530 losers. 

Foreign institutional investors bought shares worth Rs 876.93 crore while domestic institutional investors sold equities worth Rs 347.17 crore on Tuesday as per the provisional data from the National Stock Exchange. 

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Nifty Tips - Equity Tips Tomorrow 25 September

Share market today traded rangebound and gave a negative closing marking both the benchmarks Nifty and Sensex down. Share market traded outstanding on Friday last week, as per the market sentiments traders and investors were looking to book profits on Monday. But market was quite following Nifty futures Expiry on Coming Thursday this week. BSE Sensex fell 79.49 points to close at 18,673.34. Nifty slipped 21.55 points to 5,669.60. 

Nifty Predictions for Tomorrow 25 September :-

The range between 5690 and 5720 would be very critical, this is the supply zone that the bulls would have to overcome. There is every possibility of fresh profit booking . The range of 60 points between 5680 and 5740 for the Nifty is unlikely to be crossed so easily even if on intraday basis you see it going above the zone. We suggest booking profits on short term positions if you get the Nifty between the above range.

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Nifty Today and Intraday Tips for Tomorrow: 31 August 2012

The market managed to close in positive note and August series of Nifty ended above 5300 level. Nifty closed this series 5% up.

The Nifty closed at 5,320.20, up 32.40 points or 0.61 per cent. It touched a high of 5,342.80 and a low of 5,255.05 in trade today.

Nifty Futures closed at 5315 at gain of 18.40 points . After gap down opening nifty made a low of 5258.70 and covered from lower level . It has first resistance close to the level of 5338 & above this level the next resistance is seen near the 5385 mark. It has first support close to the level of 5278 & below this level the next support is seen near 5250 level.

Intraday Stocks To Pick Tomorrow-

Jaypee Infratech- The stock took a downward momentum after Samajwadi Party government scrapped the contract given to the company for a 30 km-long Agra inner ring road. The shortcovering was seen later and it is expected to rise tomorrow. A buy above 43.30 to target 43.70-44.00 is recommended.

Lupin can be another day trading pick. Buy above 593.00 for the targets of 596-600 level.

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Market Trend for Tomorrow- 30 August 2012

Indian Stock market dropped again today. Realty sector led the market towards downside and Nifty lost nearly 47 points ahead of F&O expiry tomorrow.

Nifty Futures closed at 5294 at loss of 51 points .After a flat opening nifty showed downside movement and made a intraday low of 5292.50. It has first resistance close to the level of 5355 & above this level the next resistance is seen near the 5385 mark. Immediate support is close to the level of 5285 & below this level the next support is seen near 5200 mark.

The market is likely to extend the bearish trend tomorrow as well and a consistent trading below 5268 in spot Nifty may lead the market towards 5200 level.

Stocks Analysis-

Infosys can be a good short term pick for near term traders.

 Profits of infosys rose 10.2 per cent to Rs 208.7 crore in this year's April-June quarter while  last year, the company had a net profit of 189.4 crore during this period. Sales during the period has increased by 2 per cent to Rs 355 crore.

Fundamentals and technicals are suggesting a strong buy for this stock for near to medium term.

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Nifty Trend & Share Market Outlook

Indian equity markets traded well today and all the indices witnessed significant gains.

As we expected in our Nifty Report today that market might turn out to be positive today, the same happened. After spending the whole last week trading sideways, BSE's Index closed at 17620 after climbing 227 points while Nifty gained more tha 70 points to close at 5345 level. Strong European cues supported the market and Indian share markets climbed 1.3% after the rally seen in European markets.

In domestic market, Bank stocks boomed today with SBI and ICICI bank each gaining more than 1% and HDFC up by 2%. ITC an Larsen & Toubro climbed 2% each while top commercial vehicle maker Tata Motors and largest car manufacturer Maruti Suzuki advanced 3% each.

The market is expected to ride the bull tomorrow also and we can expect Nifty to reach 5400 soon.

Technically, If Nifty Tomorrow sustains above 5400, we can expect this positiveness to persist for the day long. 5300 is the immediate support level for spot nifty.

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Nifty Outlook Today: Market News

The markets doesn't seem to come out of its sluggish Mode and remained consolidated today also. Nifty extended the range-bound session and showed up some momentum in the last hour of the trade to close in green near its day high.

Mid Cap and Small cap stocks were the top performance today among which Banking, FMCG, power and capital good outperformed.

NSE's Nifty gained 24.75 points and closed at 5327.30 while Nifty July futures settled at 5344.50 after gaining a premium of 17.20 points.

Market may see some buying momentum tomorrow as investors seems to be positive for the market sentiments. A trade above 5370 can take Nifty futures to 5400-5450 level but negative sentiments may dominate the market below 5270 level.

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Nifty Intraday Tips for 20 June

It was a choppy session for the money market where Nifty after so many ups and downs, finally managed to close near its day high. Nifty closed above 5100 level after gaining 0.78%. Some short covering and Banks, oil & gas and FMCG sectors led the market up to close in green.

The oil sectors surged today and witnessed significant gain with GAIL up 2.66%, ONGC 1.7% , IOC 3.5% , HPCL and BPCL climbed 6% and 2% respectively.

A gap up start with positive bias is anticipated for tomorrow's market. Nifty has resistance near 5133-5155 level and support at 5068-5045. A breach in either side would decide the trend of Nifty.

Nifty Futures Tips- One can buy Nifty above 5021 TG-5133-5158-5170

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Nifty Outlook Today and Trend For Tomorrow

Depreciation in Rupee against dollar and may inflation data led the market o negative territory. The inflation has increased to 7.55% which narrowed the hope of Rate cut by RBI causing market to fall during afternoon trades. BSE Index lost more than 202 points while Nifty declined 1.30% to close at 5054. Except IT and tech sectors, all other sectors had to face losses today. Infosys (+1.14% )Cipla (+1.12% )Bharat Petroleum(+.95% ) were the top performer among NSE stocks. 

 As we predicted For nifty today that below 5100 level it could fall down to 5055 level, the same happened in today's session. Now the residence for nifty is lying near 5170-5189 while below 5022, market can extend its losses. The trend would be much depending upon the external cues. As per our expectation, Nifty trend is likely to remain negative.

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Nifty Trend For Tomorrow: Market Outlook

The Market got out of the 'S&P Effect” and witnessed siginicant gain Today on the back of the expectations that RBI will cut 50 basis points in repo rate or 50-100 basis points cut in cash reserve ratio. As a result, Banking , Reality, capital good and auto sectors contributed the most to push up the market. Nifty of National stock exchange earned 62 points and closed above 5100 level (5116). 

 The market trend is still likely to remain unexpected and Nifty can move either side of the direction. Technically staying above 5138 may extend the rally up till 5170-5190 level while below the level of 5068 Nifty is looking bearish.

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Market Outlook Today and Nifty for Tomorrow

What a day for Indian Stock Markets!. Making all the sectors clsoe in green, the share market closed after substantial gains.

Amid robust global cues and on the back of the hope of rate cut by RBI, Nifty earned 134 points to close near its day high of 5009 and rose over 2.70%. The Major factor for today's elevation was the anticipation that Reserve Bank of India may go for maximum 50 basis points repo rate cut instead of 25 bps in its policy meet which is schedule to be announced on June 18. This cut in rate could be a big relief for infra stocks.


For Tomorrow i.e 6 June, 2012, market may go further up. Technically, Nifty futures will have to stay above 5000 level to remain positive while 4900 is acting as stiff support level for Nifty future. Trader needs to be cautious for intraday trade and keep an eye on the market affecting cues before taking any decison.

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Intraday Tips for Tomorrow

Indian Share markets closed flat with moderate gain on Tuesday. Nifty could not breach 5000 mark today and closed at 4863.30 after adding 32.24 points. Nifty Futures closed at 4944 level.

Share market still uncertain due to amid ongoing worries over euro zone and volatility in rupee. 

Technical charts suggest that if Nifty close above 5000 mark and prevail this level, then only some momentum can be seen in the market.

Intraday Stock Tips:

Buy Tata Motors above  223.50 Target- 226.70-228.50-230  Stoploss- 220.80

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Share Market Outlook: Nifty Tomorrow

Today The Indian markets ended flat in a choppy session The strong opening witnessed by market could not avoid the negative global cues and market fall sharply in late trade due to sharp fall in Rupee.

The blue chip giants like Relaince industries and SBI helped market to survive in green zone and NSE niftt closed marginally higher.

NSE Nifty Closed at 4906 and Nify futures settled near 4904 after making trivial gains.

Nifty seems to be yearning for a pull back after losing significantly. So a pull back rally is expected from the market. Tomorrow, If global cues favors, technically nifty may take a leap to put on some gain.

Technicaly , Nifty is having crucial resitance of 4930-4960. On the donwside, 4878-4840 are crucial support levels.

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Nifty Today and Market Trend For Coming Week

The market recovered during late trade on the back of the SBI result showing excllent performance in its fourth quarter along with the rupee recovery.

The market gained significantly after making a low of 4789 and recovered more than 100 points after touching the low. The last hour trade helped nifty To close in green Zone. Nifty Closed at 4891 adding 21 points to its previous close.

Nifty Futures gained 52 points and closed at 4920 mark. As we predicted earlier, it is required for the market to remain consistently above 4930-50 level to prevail the postiveness.

For the next week 5000-5050 on upside and 4730 on the downside would act as direction deciders of the market.

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Market Forecast for Tomorrow: 16 may 2012

As we predicted, the market broke the five-day losing streak and  touched the green level today to make a substantial gain on index. Nifty could able to touch 4950 level and finally closed near it at 4942.80.  Market is likely to continue this positive trend  if Nifty prevails the level of 4950. we can expect the NSE index to touch 5000 soon above this level. While trading below 4900 may cause a downside in the market again.

Nifty Future Tips for Tomorrow-

Buy Nifty Futures above 4968 for the targets of 4982-4996-5010 Stoploss- 4928

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Nifty Intraday Trend For Tomorrow- 4th May 2012

After a range bound trade of yesterday, NSE Nifty fall significantly Today and witnessed a loss of 50.75 points. The technical pattern are indicating uncertainty in the market. Since Global markets are looking supporting, so we can expect a positive trading day for tomorrow Nifty.

Nifty Futures Closed at 5204 level and lost 43 points. The may series of nifty futures could find support near 5140 level. Resistance is seen near 5275-5300 mark.

For Tomorrow Traders can go for buy in Nifty Futures above 5228 for the targets of 5255-5280 Keeping a stop loss below 5175.

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Nifty Trend Today and Technical Outlook

Today Nifty, After a flat start, showing positive momentum and expected to trade higher. Technically sustaining above 5245 level would prevail the positive momentum in the market and above this level, 5260 is the crucial resistance level. On the downside, 5292 is the support level for Nifty. Trading range for Nifty Futures is likely to remain between 5180-5275 level. The Nifty is likely to trade in the range of 5190-5270. One should go for buy in Futures if the Nifty takes support at around 5200 levels for targets of 5235 and 5258. On the other hand, one can also create short positions if it resists at around 5260 levels.

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Nifty Intraday Tips: Levels for Coming Week

Indian market witnessed moderate gains on the last day of the week and NSE's Nifty closed at 5048.60 up by 30.20 points. Nifty futures settled down at 5058.65 and gained 36.60 points. Nifty Futures is likely to take a stew aback for a while around the level of 5090. A successful trade above may bring more upside in Nifty futures.

Support for nifty futures is seen near 4990 level. Nifty will have hold the level of 5000 to prevail the bullish momentum.

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Nifty Futures Tips

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Market Outlook: Nifty Levels for 17 August 2011

Mid cap and Small dug up the market today and Indian bourses ended in the negative territory due to last hours pull off by institutional investors.
Nifty could manage to stay above 5000 mark and closed at 5035 off its day's low of 5016 after losing 37.15 points from its previous close.
Midcap and small cap stocks were the major responsible stocks for this moderate loss.
Nifty Futures ended at 5040 down by 39.85 points (-0.78%).
The fundamental signals are indicating that the market may face more downfall in coming trading session and If nifty futures breaks 5000 mark on downside, it may further take a dip down to 4950.

RESISTANCE: It has first resistance close to the level of 5140 & above this level the next resistance is seen near the 5235 mark.
SUPPORT: It has first support close to the level of 5000 & below this level the next support is seen near 4950 mark.

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Market Prediction: Nifty Intraday View for 14 July

After three consecutive negative sessions, Market on Wednesday showed a very good bounce back and with all sectors closing in green, Nifty gained a significant figure.

S&P CNX Nifty Index with gain of 1.07% scaled 59.30 points from its previous close and closed at 5585.45.

The futures derivative of the index finally settled at 5608.25 with a gain of 68.30 points (1.23 %)

Nifty is likely to remain range-bound  on Thursday as nothing in fundamentals is like which can assure a upside momentum from here. But technically if Nifty breaches 5650 level then above the same it may touch 5700-5720 levels.

Near 5560 level is residing the support level below which it may touch 5429-5400 levels.

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