Showing posts with label Bank Nifty Tips Tomorrow. Show all posts
Showing posts with label Bank Nifty Tips Tomorrow. Show all posts
Nifty Intraday Tips for Tomorrow- Friday 8th July
[7:33 PM | 0 comments ]
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Share Market Review:-
The markets made drastic move today and registered strong upward movement with all sectoral indices closing in green with significant gains in heavyweights. Realty, FMCG and capital goods were up more than 2% and became the biggest gainers of today's trading session. All sectoral indices closed in green. The Sensex settled and closed at 19078 and was up by 351 points. The CNX Midcap index was up by 1.2% and the BSE Smallcap index also gained about 1%. The European markets also traded strong. The FTSE index was up by 23 points, CAC index was up by 29 points and DAX index was up by 17 points. Today's Top Gainers were Bharti Airtel with +3.81%, ITC Ltd. with +3.41%, Hindalco Industries with +3.35%, L & T with +3.15%, ACC Ltd. with +2.83%. Top Loosers was Sterlite Industries with -.79%.

Nifty Futures:-
After three days range-bound choppy sessions, the 50-share S&P CNX Nifty opened at its low of 5633, touched the day high of 5737 and settled near it's high at 5728.95 levels which was up by 103.50 points or 1.84%.
The Nifty futures finally shut stop at 5745.30 up by 108.65 points or 1.93 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5790 or below the support level of 5600 it would be in a downward trend.
Technical Resistance and Support Levels for Frisday:-
It has resistance close to the level of 5770 & above this level the next resistance is near the 5870 mark. It has support close to the level of 5600 & below this level the next support is near the 5490 mark.

Bank Nifty Futures:-
Today Banking sectors performed very well and CNX Bank Index gained 143.05 points or 1.27 %. Amongst the banking index stocks IDBI Bank, Axis Bank and State Bank of India were the leaders of the row.
Bank Nifty Futures finally settled and closed at 11459 which was up by 141.20 or 1.25 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 11500 or below the support level of 11270 it would be in a downward trend.
Technical Resistance and Support Levels for Friday:-
It has resistance close to the level of 11500 above this level the next resistance is near to the level of 11780 mark. It has support close to the level of 11270 & below this level the next support is near the 11090 marks.




Nifty Intraday Tips for Tomorrow- Thursday 7th July
[7:15 PM | 0 comments ]
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Share Market Review:-
The Indian stock markets are trading in narrow range since the begning of the week, Today The Markets again remained in rangebound session with both benchmark indices closing on flat note with lower volumes. The European markets are also  trading flat, The FTSE index down by 21 points, CAC index down by 2 points and DAX index up by 3 points. Banking and pharma stocks were the worst performers while ADAG stocks were under pressure, Reliance Industries and consumer durables showed good upward movement. The Sensex settled and closed at 18727 and down by 18 points from its previous close. The CNX Midcap index was up by 0.1% while BSE Smallcap index gained 0.2% in today's session. Today's Top Gainers were Tata Motors Ltd. with +1.92%, HDFC with +1.53%, Sesa Goa with +1.46%, Hindalco Industries with +1.42%, L & T with +.84%. Top Loosers were Reliance Capital with -2.49%, Reliance Communication Ltd with -2.41%, Dr. Reddy's Labs with -2.25%, Tata Power Co. with -2.06%, ICICI Bank with -1.99%.

Nifty Futures:-
Markets ended a volatile day on a flat note with selling pressure, The 50-share S&P CNX Nifty opened at 5623 and settled at 5625, down by 7 points. Today Nifty made high of 5655 and low of 5611.
The Nifty futures finally shut stop at 5636.65 and up by -14.45 points or -0.26 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5670 or below support level of 5600 it would be in a downward trend.
Resistance and Support Levels for Thursday:-
It has resistance close to the level of 5670 & above this level the next resistance is near the 5726 mark. It has support close to the level of 5600 & below this level the next support is near the 5490 mark.

Bank Nifty Futures:-
Today Banking sectors were the worst performers, CNX Bank Index lost -123.05 points or -1.08 %. Amongst the banking stocks Canara Bank, UCO Bank and Lakshmi Vilas Banks were the leaders of the row.
Bank Nifty Futures finally settled and closed at 11317.80 which was down by -134.25 or -1.17 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 11480 or below the support level of 11280 it would be in a downward trend.
Resistance and Support Levels for Thursday:-
It has resistance close to the level of 11480 above this level the next resistance is near to the level of 11780. It has support close to the level of 11280 & below this level the next support is near the 11090 marks.

Intraday Tips for Tomorrow- Nifty and Bank Nifty Levels Wednesday 6th July
[6:09 PM | 0 comments ]
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Share Market Review:-
Weakness in Reliance Industries and Bharat Heavy Electricals dragged the markets down while Banking, Auto and IT supported the indices. The markets closed with moderate declines. The Sensex settled and closed at 18745 which was down by 70 points from its previous close. In today's trading session the CNX Midcap index was down by 0.3% while the BSE Smallcap index gained 0.2%. Today's Top Gainers were Reliance Capital with +2.84%, Grasim Industries with +2.82%, Ranbaxy Labs. with +2.71%, Steel Authority with +2.52%, Mahindra & Mahindra with +1.99%. Top Loosers were Bharat Heavy Electricals with -4.66%, Cairn India Ltd. with -3.35%, Reliance Industries with -2.59%, Hindalco Industries with -1.89%, IDFC with -1.63%.

Nifty Futures:-
Today Indian shares slipped 0.4% as investors gains after a revival of foreign interest triggered the recent sharp rally, The S&P CNX NIFTY ended at 5632.10 which was down by -18.40 points or 0.33 % from it's previous close.
The Nifty futures finally shut stop at 5651.10 and down by -14.75 points or 0.26 %. It is expected to be bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5726 or below the support level of 5600 it would be in a downward trend.
Resistance and Support Levels for Wednesday:-
It has resistance close to the level of 5726 & above this level the next resistance is near the 5600 mark. It has support close to the level of 5600 & below this level the next support is near the 5564 mark.

Bank Nifty Futures:-
Today banking sector supported the indices with moderate gains, the CNX Bank Index gained 26.30 points or 0.23 %. Amongst the banking stocks Central Bank, State Bank of India and Bank of Baroda were the leaders of the row.
Bank Nifty Futures settled and closed at 11452.05 which was up by 36.75 or 0.32 %. It is expected to be bullish in the coming trading session if it would be able to manage to trade above the resistance level of 11480 or below the support level of 11325 it would be in a downward trend.
Resistance and Support Levels for Wednesday:-
It has resistance close to the level of 11480 above this level the next resistance is near to the level of 11780. It has support close to the level of 11325 & below this level the next support is near the 11210 marks.



Intraday Tips for Tomorrow- Nifty and Bank Nifty Trend Tuesday 5th July
[7:07 PM | 0 comments ]
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Share Market Review:-
Today the markets started the week taking cues from global markets, realty, consumer durables and banking sectors were the top gainers of today's trading session, while FMCG and capital goods closed in red. The sensex settled and closed at 18814 which was up by 52 points. The CNX Midcap was also up by 0.8% as BSE Smallcap index too gained 1.2%. The European markets are traded flat. The FTSE index was up by 19 points, CAC index traded flat and was down by 6 points and DAX index also traded flat which was up by 5 points. The Indian stock markets started the week on dull note, last week there was upside rally of 156 points but this week Profit booking is expected in Nifty, below 5630 it can touch levels of 5530. Today's Top 5 Gainers were Reliance Infrastructure with +6.60%, DLF Ltd. with +6.04%, Reliance Communication Ltd with +3.34%, Punjab Nationl Bank with +3.16%, Kotak Mahindra Bank with +3.12%. Top 5 Loosers were ITC Ltd. with -1.39%, NTPC with -1.26%, L & T with -.96%, Tata Steel with -.80%, Cairn India Ltd with -.64%.
Nifty Futures:-
Today the S&P CNX Nifty gave gap up open at 5680 but came down for the remaining day. The Index made high of 5680 and low of 5633. Nifty finally closed and  settled at 5665.85 which was up by 27.45 points or 0.49%. It seems bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5726 or below support level of 5600 then it would be in a downward trend.
Resistance and Support Levels for Tuesday:-
It has resistance close to the level of 5726 & above this level the next resistance is near the 5790 mark. It has support close to the level of 5600 & below this level the next support is near 5490 mark.
Bank Nifty Futures:-
Today Banking Sectors were the top performers with realty and consumer derables. CNX Bank Index gained 124.80 points or 0.09 %. Amongst the banking stocks City Union Bank, Punjab National Bank and Kotak Mahindra Banks were the leaders of the row.
Bank Nifty Futures shut stop at 11415.30 rallying 119.80 or 1.06 %. In coming trading session if it would be able to manage to trade above the resistance level of 11450, then it may continue its uptrend or below support level of 11350, it is likely to face a downfall.
Resistance and Support Levels for Tuesday:-
It has resistance close to the level of 11450 above this level the next resistance is near to the level of 11780. It has support close to the level of 11350 & below this level the next support is near the 11090 marks.



Intraday Tips for Tomorrow- Market Review Nifty and Bank Nifty Trend 1 July
[6:48 PM | 0 comments ]
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Share Market Review:-
Today June series ended as Nifty traded very well and closed above the 5600 marks, June F&O series also ended on a strong note as june series was quite volatile, overall Nifty rose by 235 points in June Expiry, most sectors saw good buying interest and ended positive in today's trading session. Againg Banks, FMCG and Metals played very important role and remained as leaders of the rally. Sensex closed at 1884 which was 152 points up. CNX Midcap index was also up by 0.1% as BSE Smallcap index was up by 0.6%. The European markets were trading on a very strong note. The FTSE index was up by 81 points, CAC index was by 72 points and DAX index traded flat and was down by 131 points. Today's Top 5 Gainers were Jaiprakash Associates with +3.92%, Jindal St & Power with +3.32%, Hindustan Unilever L with +3.26%, Kotak Mahindra Bank with +3.22% and Cairn India Ltd. with +2.20%. Top 5 Loosers were Sesa Goa with -2.62%, ONGC with -1.83%, Bharti Airtel with -1.63%, ACC Ltd. with -1.58% and Maruti Suzuki India with -1.45%.

Nifty Futures:-
The S&P CNX Nifty opened in green at 5615 following firm global cues after Greece government approved the austerity plan and traded volatile for the day due to derivatives expiry. In today's session the Index made high of 5658 and low of 5606. Nifty settled at 5647 up by 47 points. The S&P CNX NIFTY ended at 5647.70 which was up by 46.95 points or 0.84 %.
The Nifty futures finally shut up at 5647.80 which was up by 43.70 points or 0.78 %. It is again looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5655 or below the support level of 5560 then it would be in a downward trend.
Resistance and Support Levels for Friday:-
It has resistance close to the level of 5655 & above this level the next resistance is near the 5726 mark. It has support close to the level of 5560 & below this level the next support is near 5440 mark.

Bank Nifty Futures:-
Today CNX Bank Nifty Index also traded with good volumes and gained 91.30 points or 0.82 %. Amongst the banking stocks Central Bank, Kotak Bank and IDBI Bank were the leaders of the row.
Bank Nifty Futures finally settled and closed at 11247.75 which was up by 83.75 or 0.75 %. It is again looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 11270 or below the support level of 11090 then it would be in a downward trend.
Resistance and Support Levels for Friday:-
It has resistance close to the level of 11270 above this level the next resistance is near to the level of 11780. It has support close to the level of 11090 & below this level the next support is near the 10810 marks.

Intraday Tips for Tomorrow- Nifty and Bank Nifty Trend Thursday 30th June
[6:45 PM | 0 comments ]
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Market Review:-
Today Indian markets traded on a strong note with huge gains than in previous sessions and ended higher. Strong cues from Asian markets and sustained buying by foreign investors, helped the markets to trade in green and with good volumes. Today Sugar sector also traded with broad gains, Metals, FMCG and banks today also leads the rally. Nifty managed to cross and then close at 5600. Sensex shut shop at 18709 which was up by 217 points from the previous close. CNX Midcap index was also up by 0.5% as BSE Smallcap index too traded well and was up by 1%. Tomorrow some volatile movements may be seen as Nifty June future expiry on Thursday. Today's Top Gainers were Sterlite Industries with +3.54%, IDFC with +3.44%, ITC Ltd. with +2.94%, Hindustan Unilever L with +2.84%, HDFC Bank with +2.73%. Top Loosers were ONGC with -1.91%, Bajaj Auto Ltd. with -1.29%, Jaiprakash Associates with -1.27%, Jaiprakash Associates with -1.27%, GAIL (India) Ltd. with -1.05%.


Nifty Futures:-
On the other hand, Nifty traded well and showed good strength to close in green with good volumes. As tomorrow is expiry of Nifty Futures June therefore some volatile movements may be seen. Today Nifty futures finally shut up at 5604.10resistance level of 5625 or below the support level of 5490 then it would be in a downward trend. which was up by 55.08 points or 0.99 %. It is expected to continue it's bullish trend in coming trading session if it would be able to manage to trade above the
Resistance and Support Levels for Thursday:-
It has resistance close to the level of 5625 & above this level the next resistance is near the 5726 mark. It has support close to the level of 5564 & below this level the next support is near the 5440 mark.


Bank Nifty Futures:-
Today Bank Nifty Futures also traded in green with good volumes. CNX Bank Index gained 99.30 points or 0.90 %. Amongst the banking stocks Development Credit Bank, HDFC Bank and Lakshmi Vilas Bank were the leaders of the rally.
Bank Nifty Futures settled and closed at 11206.40 which was up by 105.35 or 0.95 %. It is expected to continue it's bullish trend in the coming trading session if it would be able to manage to trade above the resistance level of 11240 or below the support level of 10990 then it would be in a downward trend.
Resistance and Support Levels for Thursday:-
It has resistance close to the level of 11240 above this level the next resistance is near to the level of 11730. It has support close to the level of 10990 & below this level the next support is near 10810 marks.

 

Intraday Tips for Tomorrow- Nifty and Bank Nifty Trend Wednesday 29th June
[6:51 PM | 0 comments ]
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Market Review:-
Today Markets remained rangebound and closed with moderate gains for a fourth consecutive trading session, some pressure on Oil, Gas and FMCG stocks seen today in initial session which laid the index down 61.95 from the high to an intra-day low of 5496.35, but Metals and Capital goods helped market to recover soon, markets continued to move sideways after recovering from the lows of the initail session. All major sectors closed in the green, consumer durables, FMCG and capital goods were the best performers of today's trading session. Sensex finally closed at 18484 which was up by 72 points. The S&P CNX Nifty settled and closed at 5545.30 which was up by 18.70 points or 0.34 % while BSE Smallcap index gained 0.6%. Today's top gainers were Hindalco Industries with +3.85%, Bajaj Auto Ltd with +2.66%, Dr. Reddy's Labs with +2.55%, HDFC with +2.25%, Bharat Heavy Ele with +1.83%. Top loosers were GAIL (India) Ltd. with -2.42%, DLF Ltd. with -2.01%, ACC Ltd. with -1.98%, Bharat Petroleum with -1.84%, Jaiprakash Associates with -1.56%

Nifty Futures:-
On the other hand, The S&P CNX Nifty opened at 5549 and made intraday day high of 5558 some profit booking was seen in market which pulled Nifty to the level of 5496, finally market managed to recover and Nifty futures settled and closed at 5546 which was up by 11.80 points or 0.21 %. Again it is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5560 or below support level of 5490 then it would be in a downward trend.
Resistance & Support Levels for Wednesday:-
It has resistance close to the level of 5560 & above this level the next resistance is near the 5625 mark. It has support close to the level of 5490 & below this level the next support is near 5335 mark.

Bank Nifty Futures:-
Bank Nifty continued it's upward trend and CNX Bank Index gained 21.55 points or 0.20 %. Amongst all the banking stocks Kotak Mahindra Bank, South Indian Bank and State Bank of Bikaner and Jaipur were the leaders of today's rally.
Today Bank Nifty Futures settled and closed at 11059.75 with some moderate gain of  0.20%. It is again expected to trade uptrend if it manages trade above the level of 11135 or below the support level of 10990 then it would be in a downward trend.
Resistance & Support Levels for wednesday:-
It has resistance close to the level of 11135 above this level the next resistance is near to the level of 11240. It has support close to the level of 10990 & below this level the next support is near the 10810 marks.

Intraday Tips for Tomorrow- Nifty And Bank Nifty Trend Tuesday 28th June 2011
[7:23 PM | 0 comments ]
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Today both the benchmark indices gained more than 1%. Finally it was good day for all the markets, the Indian stock market gives a good start for the week on the positive note. The government removed the 5% customs duty on crude oil, brought down the import duty on petrol and diesel from 7.5% to 2.5% and also reduced the excise duty on diesel by Rs 2.60 to Rs 2 per litre. Today the markets closed with strong gains, banking, auto and oil & gas were the top performers, while FMCG, consumer durables and realty closed with marginal declines. Today Sensex closed at 18431, which was up by 190 points from its previous close, The CNX Midcap index was up by 1.4% while the BSE Smallcap index also gained 0.8% in today's trading session. Today total markets turnover crossed more than Rs. 1.7 lakh crores, except CNX Realty all other indices closed in positive on NSE. Today's nifty top gainers were Bharat Petroleum, Power Grid Corporation, ONGC, Maruti Suzuki India, Mahindra & Mahindra etc. Top loosers were Reliance Infrastructure, Grasim Industries, DLF Ltd, ITC Ltd, Ambuja Cements etc.

Nifty Futures:-
On the other hand, Nifty recovered very fastly as nifty was trading on 5252 levels on Thursday and from the crucial support market bounced back 300 points within 3 days which makes today’s high of 5553 with good volumes. The Nifty Futures finally closed at 5534.20, which was up by 59 points or 0.91 %. It is now looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5560 or below the support level of 5440 then it would be in a downward trend.
Resistance & Support Levels for Tuesday:-
It has resistance close to the level of 5560 & above this level the next resistance is near the 5625 mark. It has support close to the level of 5440 & below this level the next support is near 5335 mark.

Bank Nifty Futures:-
Today Bank nifty continued it's spectacular rally and CNX Bank Index gained about 178 points or 1.64 %. Amongst all banking stocks Yes Bank, Karnataka Bank and Axis Bank were the main leaders of today's trading session.
Bank Nifty Futures finally settled and shut stop at 11059.75 which was up by 178.95 points or 1.64 %. It is also looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 11100 or below support level of 10810 then it would be in a downward trend.
Support & Resistance Levels for Tuesday:-
It has resistance close to the level of 11100 above this level the next resistance is near to the level of 11240. It has support close to the level of 10810 & below this level the next support is near the level of 10610 marks.