Showing posts with label Market Outlook. Show all posts
Showing posts with label Market Outlook. Show all posts
Nifty Updates: Intraday Tips for Today
[9:27 AM | 0 comments ]
Labels: , , , , ,

Yesterday, Nifty continued the weakness and closed near 4646. Therefore, for today the first resistance for nifty is at 4665-69 levels, crossing theses levels it will find next resistance ranges around 4687-92, 4715-20, 4768-73, 4827-31, 4879-74, 4919-22 levels. On downside first support is at 4629-25 level. Next supports are at 4608-03, 4581-76, 4530-26, 4486-83, 4456-51, 4436-31, 4401-396 level. Again nifty closed below 4700 signaling the underlying bear force. A move below 4600 can put some more pressure to market unless a strong move above 4686 better stay from long side even for intraday.



Nifty Bank Nifty Intraday Tips for Today
[9:36 AM | 0 comments ]
Labels: , , , , ,

Huge volatility is expected this week. Today, Nifty is expected to trade flat in the range of 4,682 - 4,762 on the back of strong global cues. The traders are advised to create long positions if it takes support around 4,698 for targets 4,727 and 4,752. Whereas if Nifty resists at 4,762, traders are advised to create short positions. Today, Bank Nifty is expected to trade volatile in the range of 8,132 - 8,522.





Nifty Intraday Prediction for Today
[10:19 AM | 0 comments ]
Labels: , , , , ,

As per the expectations, yesterday Nifty recovered strongly in the second part and closed above 4,700 levels. Market trend for short term is positive and Nifty has strong support at 4,685 levels, if Nifty manages to sustain above the level of 4,685 will be positive for the markets. If Nifty cross 4,685 level, it will face resistance at 4,780 levels. On the lower side below 4,685 levels Nifty can face 4,640 and 4,590 levels.





Stock Intraday Tips for Today
[10:43 AM | 0 comments ]
Labels: , , , , , ,

GAIL INDIA
Yesterday the stock has again managed to breach its immediate support and now sustaining at its lower level of 367 showing a consolidated movement. With the bearish trend in the stock it is expected to breach its recent support at the lower levels and move further downward or it may show an upside correction trading with the positive biasness. It is now facing resistance at 388 above which it may show an upside movement.
Resistance: 385.33 - 379.67, Support: 367.67 - 361.33

TATA MOTORS
Tata motor covers from lower levels after taking support in today’s trading hours. In near term the stock can recover further after crossing its resistance level. It now has resistance level at 177 and support level at 160, breaching of support may take the stock to lower levels in near future.
Resistance: 182.42 - 177.43, Support: 165.23 - 158.02

CIPLA
The stock has shown consolidated movement in yesterday’s trading session and ended up on a positive note. It now has a support at 312 and is facing a resistance at 321. If it sustains at this level then further upward movement could be expected in the stock else it could also reverse back taking resistance at higher levels. One should wait for some time in stock till it consolidates for a while.
Resistance: 323.07 - 319.88, Support: 311.83 - 306.97

HINDUSTAN UNILEVER
Technically the stock is consolidating with the sideways trend able to trade range bound facing resistance at the higher levels of 403 and having strong support at the levels of 384. As the stock has gained negativity in it, it may breach its support level in the upcoming session confirming downside movement in the stock.
Resistance: 395.13 - 390.02, Support: 381.77 - 378.63

Stock Intraday Tips for Today
[10:55 AM | 0 comments ]
Labels: , , , , , ,

CIPLA
The stock showed consolidated movement in yesterday’s trading session and ended up on a positive note. It now has a support at 304 and resistance at 316. If it sustains at this level then further upward movement could be expected in the stock else it could also reverse back taking resistance at higher levels.
Resistance2- 318.1, Resistance1- 314.3, Support1- 305.85, Support2- 301.2

HINDALCO
The stock has continued to show negative biasness in yesterday’s trading session also able to sustain above its support level of 121. It is looking weak on charts below this level, where one can go for a sell position into the stock once it has experienced a short phase of consolidation. It may also show a recovery by bouncing back from this level.
Resistance2- 130.4, Resistance1- 126.9, Support1- 120.6, Support2- 117.8

SUN PHARMACEUTICALS
In yesterday’s trading session, the stock remains negative and made a low of 487. The stock was down by more than 3%.In upcoming session some more bearish trend can be expected. It now has next resistance level at 496 and support level at 485. One may hold short position in it.
Resistance2- 510.35, Resistance1- 499.9, Support1- 483, Support2- 476.55

TATA STEEL
The stock showed an up move during the trading hour and closed on positive note. The major trend presently in the stock is weak. The stock is now facing resistance at 420 and has support at 400. Break of support may take the stock further down. One may go for selling the stock once it breaks its support level.
Resistance2- 429.42, Resistance1- 417.68, Support1- 393.93, Support2- 381.92

Stock Intraday Tips for Today
[10:33 AM | 0 comments ]
Labels: , , , , , ,

Mahindra and Mahindra (M&M)
The stock had shown steep down rally due to lower than expected quarterly results announced. Now the stock is facing psychological support zone of 750, and may take resistance from the levels of 795. It is expected to continue negative biasness in short term.
Resistance2- 811.6, Resistance1- 786.05, Support1- 743.75, Support2- 727

RELIANCE COMMUNICATION
Today Reliance Communication has managed to take support at the levels of 77 after trading with the negative biasness with a downside movement. It is now facing resistance at levels of 87. One can wait for some consolidation or if it manages to trade with the negative biasness it may breach the support and move further downward.
Resistance2- 84.6, Resistance1- 81, Support1- 75.4, Support2- 73.4

CIPLA
The stock today had an upward movement. Its next resistance is at 310, if it manages to sustain, crossing of this level may take the stock further upwards till the levels of 316-318 in coming trading sessions.
Resistance2- 317.95, Resistance1- 312.1, Support1- 296.9, Support2- 287.55

STATE BANK OF INDIA
Tata steel trades with negative biasness and continue its bearish trend. Now it has resistance level at 470 and support level at 455. In near term further selling pressure can be expected in the stock below support level.
Resistance2- 1782.3, Resistance1- 1755.5, Support1- 1710.1, Support2- 1691.5

Stock Intraday Tips for Today- Friday 4th November 2011
[10:11 AM | 0 comments ]
Labels: , , , , , ,

BHARAT HEAVY ELECTRICAL
The stock has successfully taken support at lower levels and had an up rally in today's trading session. One should now wait for sometime in the stock as it may show some correction after a continuous up rally.
Resistance2- 341.62, Resistance1- 336.38, Support1- 321.53, Support2- 311.92

STERLITE INDUSTRIES
The stock consolidates with negative biasness in today's trading session. It now faces resistance at 123 and support at 119, in near term the stock is looking week below support level.
Resistance2- 125.18, Resistance1- 123.27, Support1- 119.47, Support2- 117.58

HINDALCO
The stock has consolidated sideways in the recent trading session by taking some correction after facing resistance at the level of 144 and now having support at the level of 133. One can wait for some time to confirm for a proper movement in the stock.
Resistance2- 139.38, Resistance1- 137.97, Support1- 134.17, Support2- 131.78

TATA STEEL
Tata steel trades with negative biasness and continue its bearish trend. Now it has resistance level at 470 and support level at 455. In near term further selling pressure can be expected in the stock below support level.
Resistance2- 476.97, Resistance1- 469.73, Support1- 455.28, Support2- 448.07

Stock Intraday Tips for Today- Thursday 3rd November 2011
[9:59 AM | 0 comments ]
Labels: , , , , , ,

RELIANCE COMMUNICATION
The Stock had positive side movement in today's trading session and closed with the gain of around 5.55%. Now it has resistance level at 84 and support level at 79. It may show range bound movements in short term.

Resistance2- 78.32, Resistance1- 76.83, Support1- 73.28, Support2- 71.22

TATA MOTORS
In today's trading session, the stock consolidates with positive biasness and made a high of 196.90. At present the stock is in bullish trend. In upcoming session some correction can be expected. It now has resistance level at 197 and support level at 191.One may hold long position in it.

Resistance2- 198.6, Resistance1- 195.2, Support1- 186.6, Support2- 181.4

STERLITE INDUSTRIES
In today's trading session, the stock shown some recovery and consolidates with positive biasness. It made a high of 124.50.The major trend in the stock is bearish, in upcoming session some more bearish trend can be expected. It has next resistance level at 125 and support level at 122.

Resistance2- 124.45, Resistance1- 122.6, Support1- 118.15, Support2- 115.55

RANBAXY
Ranbaxy ha d upside movements in today's trading session and made intraday high of 515.40. Now it is facing resistance at level of 520 and support at 500. It is expected to continue positive biasness and may test its resistance level in short term.
Resistance2- 520.68, Resistance1- 515.42, Support1- 502.77, Support2- 495.38

Stock Intraday Tips Market Outlook Today
[2:27 PM | 0 comments ]
Labels: , , , , , ,

Today Infosys and Wipro gained 1-1.6% while TCS rose just 0.2%. From the banking space, HDFC Bank, ICICI Bank, Axis Bank and PNB climbed 0.8-1% whereas SBI moved up just 0.2%. NTPC has been the leading gainer on Nifty since morning, rising 1.3%. However, Tata Power and Power Grid declined 1-1.8%. Reliance Industries and ONGC continued to trade lower, falling 1.4% and 2.3%, respectively. Tata Motors and Ambuja Cements were biggest losers, declining 3.5%. Coal India, ITC, BHEL, Sterlite, JSPL, DLF, M&M, Sun Pharma and Cairn were down 1-2%. The broader indices were marginally higher.

Stock Intraday Tips for Tomorrow
[8:33 PM | 0 comments ]
Labels: , , , , , ,

RANBAXY
During today's trading session the share prices of Ranbaxy Laboratories advanced to a level of 508 giving an intraday gain of 1.06%. The stock will be trading strong on the charts if it manages to trade above its resistance in the coming trading sessions. Currently it takes a support from the level of 484.

Resistance2- 522.2, Resistance1- 514.75, Pivot Point 499.85, Support1- 492.4, Support2- 477.5

GAIL INDIA
The stock has consolidated after breaching its support level in today's session. It is in continuity with the major bearish trend. It is facing resistance at the level of 426. One can wait for sometime in the stock as it is expected to consolidate more in the upcoming trading session.

Resistance2- 425.23, Resistance1- 420.17, Pivot Point 412.93, Support1- 407.87, Support2- 400.63

POWER GRID CORPORATION
After a dip in the beginning, the stock consolidated during the day and ended on a positive note. It is trading with positive biasness in the upward direction. The stock seems bullish in the coming trading sessions, if it manages to breach the resistance and trades above it. It takes a support at the level of 97.

Resistance2- 100.47, Resistance1- 99.53, Pivot Point 98.27, Support1- 97.33, Support2- 96.07

HCL
Today the stock managed to destroy the major trend in the stock and moved red making intraday low of 399.40. It is now having support at the level of 386.50. In the next trading session if it manages to sustain above this level then it is expected to consolidate and then breach its support.

Resistance2- 460.62, Resistance1- 430.48, Pivot Point 414.87, Support1- 384.73, Support2- 369.12

Stock Tips for Tomorrow
[7:59 PM | 0 comments ]
Labels: , , , , , ,

JINDAL STEEL & POWER
The stock showed a continuous up move during the market hours and close with the gain of 6.06%.The stock made an intraday high of 529.4. As the stock closed on positive note a further up movement can be seen in the stock once it breaks its resistance. One may go for buying the stock once it breaks its resistance level.

Resistance2- 549.88, Resistance1- 529.77, Pivot Point 509.28, Support1- 489.17, Support2- 468.68

SBI
Today the stock gives a very good recovery after two day's consolidation and closes with a gain of 6.09%. In short term bullish trend can be expected in the stock, if it trades above its resistance level. Now it faces resistance at 1885 and support at 1757.

Resistance2- 1961.8, Resistance1- 1920.85, Pivot Point 1839.05, Support1- 1798.1, Support2- 1716.3

TATA MOTORS
Today the stock continue its up rally and made a high of 190, after crossing its previous resistance level of 178. In short term it is expected to continue it's up rally, if it crosses its resistance level else it will show some correction. It has next resistance level at 190 and support level at 170.

Resistance2- 201.23, Resistance1- 193.12, Pivot Point 181.88, Support1- 173.77, Support2- 162.53

MARUTI SUZUKI INDIA
Maruti opened below its previous closing and manage to close with moderate gain. Short term trend is sideways so either side movement can be expected. Stock closed with an intraday high of 1090, now resistance level at 1092 and support at 1063.

Resistance2- 1104.23, Resistance1- 1094.12, Pivot Point 1079.88, Support1- 1069.77, Support2- 1055.53

Stock Tips for Tomorrow
[9:56 PM | 0 comments ]
Labels: , , , , , ,

BHARAT PETROLEUM CORPORATION
The stock had a bounce back taking support at lower levels and had a sharp rise in today's trading session. Its resistance is at 700, if it consolidates for a while then it may test its resistance level.

Resistance2- 723.28, Resistance1- 699.72, Pivot Point 670.43, Support1- 646.87, Support2- 617.58

BHARAT HEAVY ELECTRICAL
The stock had a split in today's trading session. Its next major support is at 314, breach of this level may take the stock further downwards, else it may also bounce back from lower support levels.

Resistance2- 329.62, Resistance1- 324.98, Pivot Point 321.77, Support1- 317.13, Support2- 313.92

DLF
The stock showed some correction as expected in today's trading session. Its next support is at 190, breach of this level may continue its correction. One should wait for sometime in the stock as an either side movement is expected in the stock.

Resistance2- 219.23, Resistance1- 209.47, Pivot Point 204.23, Support1- 194.47, Support2- 189.23

TATA MOTORS
In today's trading session, the stock consolidates with negative biasness and made a low of 152.35. It now has next resistance level at 157 and support level at 152.In upcoming session some bullish trend can be expected. One may hold long position in it till it crosses its support level.

Resistance2- 159.17, Resistance1- 155.88, Pivot Point 154.12, Support1- 150.83, Support2- 149.07

Free Intraday Tips, Stock Intraday Tips, Share Tips for Tomorrow, Nifty Prediction, Intraday Calls, Market Outlook, Nifty Trend Today

Stock Tips for Tomorrow
[9:34 PM | 0 comments ]
Labels: , , , , , ,

JAIPRAKASH ASSOCIATES
JPASSOCIATES rallied in upside in today's trading session and tested its resistance level at 75 making intraday high of 75.25. The stock now has resistance level at 76 and may take support from the level of 70. It may test its resistance level in short term.

Resistance2- 79.3, Resistance1- 77.1, Pivot Point 73.05, Support1- 70.85, Support2- 66.8

KOTAK MAHINDRA BANK
KOTAK MAHINDRA BANK had upside movements in today's trading session and made intraday high of 480. The stock has support level at 454 and resistance level at 485. It is expected to consolidate and remain range bound in short term. Also it may test its resistance level in short term.

Resistance2- 495.17, Resistance1- 487.08, Pivot Point 471.92, Support1- 463.83, Support2- 448.67

TATA MOTORS
In today's trading session, the stock remains positive and made a high of 162.85. It now has next resistance level at 163 and support level at 159.In upcoming session some more bullish trend can be expected. One may hold long position in it till it crosses its support level.

Resistance2- 169.67, Resistance1- 164.83, Pivot Point 158.02, Support1- 153.18, Support2- 146.37

LARSEN & TOUBRO
L&T remained weak in today's trading session also and made intraday low of 1348.65. The stock may face resistance from the level of 1410 and it has support level at 1340. In short term it is expected to consolidate and remain range bound, some recovery can also be seen.

Resistance2- 1427.63, Resistance1- 1400.32, Pivot Point 1374.48, Support1- 1347.17, Support2- 1321.33

STERLITE INDUSTRIES
The stock consolidates with positive biasness, in today's trading session. The major trend in the stock is bearish and at present it is in recovery phase. In short term it is expected to show some more recovery. It now has next resistance level at 120 and support level at 117.

Resistance2- 121.5, Resistance1- 120, Pivot Point 118.35, Support1- 116.85, Support2- 115.2

Free Intraday Tips, Stock Intraday Tips, Share Tips for Tomorrow, Nifty Prediction, Intraday Calls, Market Outlook, Nifty Trend Today

Intraday Tips for Tomorrow
[6:01 PM | 0 comments ]
Labels: , , , , , ,

Stock Market Update- Wednesday 7th September 2011
 
Today the markets traded voletile and performed very well with both benchmark indices gaining more than 1%. All sectors showed good buying, Realty was the biggest gainer of today's trade, IT and FMCG were the sectors to close in red. The CNX Midcap index closed with 1.5% gains and the BSE Smallcap  index also gained 1.5% in today's trade. The Sensex closed at 17065 which is up by 202 points from its previous close and the Nifty settled at 5125 which is up by 60 points. The European markets are trading strong. The FTSE index is up by 51 points, DAX is up by 27 points and CAC index is up by 10 points. Today's Top Gainers were Jaiprakash Associates with +7.62%, Ambuja Cements Ltd. with +5.78%, ACC Ltd. with +4.87%, Steel Authority with +4.07%, Tata Power Co. with +3.76%. Top Loosers were Mahindra & Mahindra with -1.49%, ITC Ltd. with -1.36%, Infosys with -.48%, Tata Consultancy with -.28%, Bajaj Auto Ltd. with -.20%.

Intraday Tips for Tomorrow
[5:38 PM | 0 comments ]
Labels: , , , , , ,

Share Market Update- Tuesday 6th September 2011
 
Today the Markets closed with gains following Eueopean markets opening poitive. Oil and Gas were the biggest gainers of todays trading session, IT and capital goods banking and metal also closed positive except realty. Both benchmark indices closed in green with about 0.75% gain. The CNX Midcap index closed with 0.3% gains and the BSE Smallcap index also gained 0.7% in today's trading session. The Sensex closed at 16863 which is up by 149 points from its previous close, and the Nifty settled at 5064 which is up bby 47 points. Todays Top Gainers were Ambuja Cements Ltd. with +5.05%, Reliance Inds. with +4.14%, Mahindra & Mahindra with +3.67%, Steel Authority with +3.27%, Jindal Steel & Power with +2.90%. Top Loosers were DLF Ltd. with -4.38%, Sun Pharma. with -2.23%, Reliance Power L with -2.12%, Reliance Infrastructure with -1.96%, Grasim Inds. with -1.91%.

Intraday Tips for Tomorrow
[5:20 PM | 0 comments ]
Labels: , , , , , ,

Stock Market Updats Today- Monday 5th September 2011
 
Today markets declines and closed with moderate losses. The European markets are also trading weak. The FTSE index is down by 115 points, DAX is down by 176 points and CAC index is down by 106 points. IT and Oil & gas were the worst performers of todays trading session. Markets rebounded from the day's lows mainly because of the strength in auto and realty stocks. The Sensex closed at 16713 which is  down by 108 points from its previous close, and the Nifty settled at 5017 which is down by 23 points. Today's Top Performers were Reliance Infrastructure with +5.46%, Reliance Capital with +5.39%, Hero Moto Corp with +5.34%, Jaiprakash Associates with +4.11%, Reliance Communication Ltd with +3.90%. Top Loosers were Wipro Ltd with -3.77%, Cairn India Ltd. with -3.42%, HCL Technologies with -3.26%, ONGC with -2.63%, Bharat Petroleum with -2.59%.

Intraday Tips for Tomorrow
[5:26 PM | 0 comments ]
Labels: , , , , , ,

Stock Market Updats Today- Friday 2nd September 2011 
Today markets traded on a positive note for the third consecutive day, the rally was mainly lead by Metal space followed by Oil & Goods, Auto and Realty stocks, Healthcare and Telecom etc. The markets managed to close with modest gains. The European markets are trading weak, the FTSE index is down by 97 points, DAX is down by 147 points and CAC index is down by 81 points. The Sensex settled at 16835 which is up by 158 points or above 6% (provisional) and Nifty settled at 5045 which is up by 44 points or above 6.3% from it's previous close. The CNX Midcap index is up by 4.2% and BSE Smallcap index also up by 3.2% over the week. Today's Top Gainers were Reliance Communication Ltd with +6.47%, Reliance Capital with +6.09%, DLF Ltd. with +5.64%, Tata Steel with +4.60%, Sterlite Industries with +4.24%. Top Loosers were IDFC with -3.51%, HCL Technologies with -3.39%, Tata Power Co. with -2.35%, Punjab Nationl Bank with -2.10%, Tata Consultancy with -1.95%.

Intraday Tips for Tomorrow
[5:11 PM | 0 comments ]
Labels: , , , , , ,

Stock Market Updats Today- Tuesday 30th August 2011
 
Today markets continue its upward move and nifty crossed its psychological important level of 5000. Realty, metal, banking and IT leds the rally and support came from auto, healthcare and oil & gas as a result of this all sectorial indices closed in green except FMCG. The CNX Midcap index gained 1.3% and the BSE Smallcap index also gained 1.1%. The Sensex settled at 16677 which is up by 260 points, and the Nifty settled at 5001 which is also up by 81 points from previous close. Today's Tops Gainers were Sesa Goa with +10.04%, DLF Ltd. with +6.70%, Jindal Steel & Power with +5.48%, Sun Pharma. with +5.46%, HCL Technologies with +5.25%. Top Loosers were ONGC with -4.24%, GAIL (India) Ltd. with -1.52%, ITC Ltd. with -.97%, Bharat Petroleum with -.60%, Larsen & Turbo with -.33%.

Intraday Tips for Tomorrow
[4:39 PM | 0 comments ]
Labels: , , , , , ,

Stock Market Updates Monday 29 August 2011
 
Today Indian markets made a drastic move and closed a good day of trade. Today strong gains were seen and rally supported by positive global cues. ADAG, IT and banking were the top performers of todays trading session. CNX Midcap index was up by 2.4% and BSE Smallcap index was also up by 2.1%. Sensex settled at 16416 which is up by 567 points from its previous close and Nifty shut stop at 4919 which is up by 171 points from the previous close. Today's Top Gainers were Reliance Capital with +9.60%, HCL Technologies with +7.62%, Tata Consultancy with +7.50%, Reliance Power L with +7.06%, Jindal Steel & Power with +6.76%. Top Loosers were ONGC with -1.08%, Maruti Suzuki India with -.37%.

Intraday Tips for Tomorrow
[5:41 PM | 0 comments ]
Labels: , , , , , ,

Share Market Technical Report Friday 26 August 2011
 
Today also the markets closed with significant loss and all sectorial indices closed in red and realty, oil & gas, metal and banking were the worst performers. The CNX Midcap index lost 1.25% and the BSE Smallcap index was also down by 1.4% during the week. The Sensex and Nifty closed below their psychologically important levels of 16,000 and 4800. Today's Top Gainers were Hero Moto Corp with +2.59%, Mahi. & Mahi with +1.00%, Infosys with +.88%. Top Loosers were Reliance Capital with -12.03%, Reliance Commu.Ltd with -10.86%, Jaiprakash Associates with -7.67%, Reliance Infrastruct with -7.18%, Sesa Goa with -6.43%.