Showing posts with label Nifty Trend for Next Week. Show all posts
Showing posts with label Nifty Trend for Next Week. Show all posts
Nifty Prediction for Next Week
[11:54 AM | 0 comments ]
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Nifty Tomorrow
Nifty is consolidating between 5,448 - 5,300 levels after a consistant rally. Nifty Futures is likely to stay above 5,252 levels and upward breakout at 5,460. If it breaks the level it is likely to test 5,508 levels and the positional target is near 5,600 levels. On downward side, if 5,252 is breached, then strong support is at 5,152. Mid-cap and small cap sector stocks are likely to outperform therefore, traders/investors are advised to buy these stocks with defined strict stop losse, long positions near 5452 with strict stop loss placed at 5,322.





Nifty Intraday Tips for Next Week- Monday 12th Dec.
[6:12 PM | 0 comments ]
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Today the Markets closed with a sharp decline. Almost all sectoral indices closed in red. Capital goods, banking, oil & gas and realty were the worst performers and metal, auto and FMCG also traded weak. The Sensex closed at 16,488, down by 389 points from its previous close. The CNX Midcap index closed with 2.1% loss while the BSE Smallcap index was down 1.6% in today`s trading session.

Nifty Futures settled around 4882, down by -74.35 points or -1.50 %. In the coming trading session if Nifty manages to trade below the support level of 4850 else above the resistance level of 4950 it would be in an upward trend.
Resistance: 4950 - 5080, Support: 4850 - 4750.
           
Bank Nifty Futures settled around 8860, down by -69.85 points or -0.78 %. In the coming trading session if it manages to trade below the support level of 8700 else above the resistance level of 8970 it would be in an upward trend.
Resistance: 8970 - 9190, Support: 8700 - 8470.

Nifty Intraday Tips for Next Week
[10:31 AM | 0 comments ]
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The Markets are extremely volatile, selective buying can be done. In the Next week global markets are expected to be volatile. Autos and IT sectors are expected to be in lime light. The Nifty has strong support at 4,930 levels, if it sustains above this levels will be positive for the markets. The resistance will be seen at 5,170 and 5,400 levels. Below 4,930 levels 4800 and 4,740 levels could also be seen.

Intraday Tips for Next Week- Nifty Levels for Monday 13 June
[7:09 PM | 0 comments ]
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Today markets ended lower for the third straight day as slower IIP growth coupled with weak global cues weighed on the investor sentiment. Nifty opened in red and remained subdued until the industrial output data for the month of April came in at 6.3% and putting pressure on stocks. The S&P CNX Nifty touched a low of 5,457 in afternoon and recovered partially to close at 5,486, and down by -35.25 points.
Nifty futures was closed and settled finally at 5484.15 and down by -35 points or -0.63 %. It is looking bearish in the coming trading sessions if it manages to trade below the support level of 5440 else above resistance level of 5520 it would be in an upward trend.
Resistance & Support for Monday:-
It has resistance close to the level of 5520 & above this level the next resistance is near the 5630 mark. It has support close to the level of 5440 & below this level the next support near 5320 mark.