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Bank Nifty 23-10-2017 09:22:00

Long Term analysis: Bank Nifty Daily chart has formed “Descending Broadening wedge” pattern. The previous session was successfully bearish in trend and the upcoming expectations of market are to reach the support level by continuing bearish momentum. The downfall can extend to reach 23500 and further. A strong Resistance holds at 24950 and Support holds at 23350.


Research Report call:

Technical Chart:
Nifty 23-10-2017 09:11:00

Pre-Market Monday ! Asian market positive territory Nifty50 on the SGX were trading at 10189 +21 points on indicating gap up opening for the NSE.

The stock markets open for muhurat trading on Thursday The Nifty 50 index dropped 64.30 points or 0.63% to settle at 10,146.55.

The trading session, which lasted for about an hour, NSE index  ended 0.63 percent lower at 10,146.55. ICICI Bank and HDFC Bank fell 2.1 percent and 1.3 percent respectively.

Bharti Airtel Ltd  and Idea Cellular Ltd gained over 3 percent each after Reliance Industries Ltds  telecoms arm Jio revised tariff offers ahead of the festival season.

Rupee desk: The USD/INR was down 0.03 to 65.0725

  

CASH FLOW ANALYSIS

FII DII Activity 18 October 2017. In the cash market, FII’s sold 1251 crores stock whereas DII’s bought 904 crores worth of stock. In the derivative market, FII’s bought 967 crore of Index futures and bought 310 crores worth of Index options. In the Stock futures segment, FII’s sold 975 crores worth of stock futures and sold 9 crores stock options.

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty is a “LONG-LEGGED DOJI” in the day candle. Trading pattern is a  “FALLING WEDGE” chart which signals that bears are about  to take control of the market. Sell on Rise around 10250 levels stop loss at 10300, key support holds at 10180-10100 and key resistance hold at 10300.


Research Report call:

Technical Chart:
Bank Nifty 18-10-2017 09:15:00

Technical View:

Short term analysis: Bank Nifty

The Hourly chart of Bank Nifty Market has taken the formation of “Rising wedge” pattern. The last session seems consolidated near the resistance level of the channel. Considering the Bullish trend, market might fall a little to extend a small bearish momentum until it reaches the support level of the channel and will pull back to positive trend once again as per the wedge’s nature. A Short-Term Resistance holds at 24820 and Support holds at 24450.


Research Report call:

Technical Chart:
Nifty 18-10-2017 09:02:00

This Diwali NIFTY50 crackers target -10300-10450

Pre-Market Wednesday! Asian market positive territory Nifty50 on the SGX were trading at 10225 -36 points on indicating gap down opening for the NSE.

On Tuesday, The Nifty 50 index rose 3.60 points or 0.04% to settle at 10,234.45, its record high closing level. The index rose 21 points, or 0.21% at the days high of 10,251.85, its record high. The index fell 18.25 points, or 0.18% at the days low of 10,212.60.

The biggest gainers of the session on the NIFTY50 were Cipla Ltd., which rose 4.18% or 25.35 points to trade at 632.10 at the close. Bharat Petroleum Corp. Ltd. added 2.88% or 14.35 points to end at 512.75 and Bharti Airtel Ltd. was up 2.58% or 11.70 points to 465.95 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd,which lost 3.82% or 19.65 points to trade at 494.80 in late trade. AXIS Bank Ltd declined 1.38% or 7.20 points to end at 513.15 and Tata Motors Ltd shed 1.09% or 4.75 points to 432.30.

On the NSE stocks movement 1257 fell and 1319 advanced, while 122 ended unchanged.

Rupee desk: The USD/INR was down 0.28 to 65.08

 

CASH FLOW ANALYSIS

FII DII Activity 17 October 2017. In the cash market, FII’s sold 484 crores stock whereas DII’s bought 809 crores worth of stock. In the derivative market, FII’s bought 258 crore of Index futures and bought 927 crores worth of Index options. In the Stock futures segment, FII’s sold 8 crores worth of stock futures and sold 87 crores stock options.

 

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty is “spinning top candle" which is positive for fourth consecutive day in a row. Trading pattern “Ascending broadening wedge” 4-hour chart which signals bulls are to take control of the market at the higher levels and open fresh longs Nifty50 target 10300.  Key support holds at 10080.  Key resistance holds at 10300-10450.

As the Illumination of the lamps declares the victory of light, Team Enrich wishes you all a “Happy Diwali” filled with prosperity.


Research Report call:

Technical Chart:
Bank Nifty 17-10-2017 09:15:00

Technical View:

Bank Nifty daily chart has taken the formation of “Symmetrical triangle” pattern. The last session of market seems bearish but was not able to close below the last candle’s close. The expectations are higher on bearish momentum to take support on the given level near 24400 as per the technical chart. A pull back on the support will turn the negative momentum to positive and bullish trend will extend to all new high. A Strong Resistance holds at 24940.


Research Report call:

Technical Chart:
Nifty 17-10-2017 08:54:00

NIFTY50 Record Closing.  This Diwali NIFTY50 crackers target -10300-10450

Pre-Market Tuesday! world index and Asian market mixed territory Nifty50 on the SGX were trading at 10261.50 -20 points on indicating gap down opening for the NSE.

 On Monday, The Nifty 50 index rose 63.40 points or 0.62% to settle at 10,230.85, its record closing high. The index advanced 75.50 points or 0.74% at the days high of 10,242.95, its record high. The index rose 7.65 points or 0.07% at the days low of 10,175.10.  market sentiment was cheerful in a truncated trading week ahead of Diwali. Later, indices sharp gains to trade only to show recovery from afternoon trade.

The biggest gainers of the session on the Nifty50 were Bharti Airtel Ltd., which rose 6.06% or 26.10 points to trade at 457 at the close. VDEL added 4.23% or 13.60 points to end at 335 and INFRATEL was up 3.90% or 17.55 points to 449.95 in late trade.

Biggest losers included BAJFINANCE Ltd, which lost -3.61% or 70.06 points to trade at 1882.45 in late trade. AXIS BAN LTD. declined -2.02% or 10.7 points to end at 529.45 and INDUSINDBK shed -1.68% or 29.35 points to 1750.35

Rupee desk: The USD/INR was down 0.23 to 64.80

 

CASH FLOW ANALYSIS                                              

FII DII Activity 16 October 2017. In the cash market, FII’s sold 29 crores stock whereas DII’s bought 272 crores worth of stock. In the derivative market, FII’s bought 2485 crore of Index futures and sold 947 crores worth of Index options. In the Stock futures segment, FII’s sold 174 crores worth of stock futures and sold 142 crores stock options.

 

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty is a bullish candle for third consecutive day in a row. Trading pattern “Ascending Broadening wedge” 4-hour chart signals bulls are about to take control of the market at the higher levels and open fresh longs prior to Diwali.  Nifty50 target 10300. key support hlds at 10140-10080.  key resistance holds at 10300-10450.


Research Report call:

Technical Chart:
Bank Nifty 16-10-2017 09:12:00

Technical View: Bank Nifty Daily chart seems to be continue in the same “Descending broadening wedge” pattern. The last session of market has been a strong bullish one. As per the channel we can expect the upcoming session would also be bullish with an intent to reach the strong resistance level at 24950. A Short term Support holds at 24050 and a Strong long term support holds at 23500.


Research Report call:

Technical Chart:
Nifty 16-10-2017 08:57:00

This Diwali NIFTY50 crackers target -10300-10450 

Pre-Market Monday! Asian market positive territory Nifty50 on the SGX were trading at 10240 +32 points on indicating gap up opening for the NSE.

On Friday, The Nifty 50 index rose 71.05 points or 0.70% to settle at 10,167.45, its record closing high. The index rose 95.50 points, or 0.95% at the days high of 10,191.90, its record high level. The index rose 23.70 points, or 0.23% at the days low of 10,120.10.

The biggest gainers of the session on the Nifty50 were Bharti Airtel Ltd., which rose 7.66% or 30.65 points to trade at 430.90 at the close. Bharti Infratel Ltd  added 4.17% or 18.00 points to end at 449.95 and Tata Steel Ltd  was up 2.78% or 19.25 points to 710.85 in late trade.

Biggest losers included GAIL Ltd, which lost 1.89% or 8.45 points to trade at 437.50 in late trade. Zee Entertainment Enterprises Ltd. declined 1.45% or 7.50 points to end at 510.05 and Dr. Reddy’s Laboratories Ltd shed 1.07% or 25.35 points to 2354.50.

On the NSE stocks movement 1392 fell and 1240 advanced, while 109 ended unchanged.

Rupee desk: The USD/INR was down 0.19 to 65.03

  CASH FLOW ANALYSIS                                         

FII DII Activity 13 October 2017. In the cash market, FII’s sold 1698 crores stock whereas DII’s bought 1590 crores worth of stock. In the derivative market, FII’s bought 807 crore of Index futures and bought 207 crores worth of Index options. In the Stock futures segment, FII’s bought 362 crores worth of stock futures and sold 173 crores stock options.

 Technical outlook

Trading Pattern analysis according to the previous session movement in nifty is a bullish candle for second consecutive day in a row. Trading pattern “rising wedge” in hourly chart signals bulls are about to take control of the market at the higher levels and open fresh longs prior to Diwali.  Nifty 50 target 10300.  Key support holds at 10080 & Key resistance holds at 10300-10450.


Research Report call:

Technical Chart:
BANKNIFTY 13-10-2017 09:20:00

Technical View: Bank Nifty daily chart continues to rally with the “Descending broadening wedge” pattern. The last session has been a bullish one which has formed after a long correction, which indicates that we can expect the upside rally on bullish momentum for upcoming few sessions. This might rally upto 25000. The strong Resistance level holds at 25000 and a strong Support holds near 23600. 


Research Report call:

Technical Chart:
Nifty 13-10-2017 09:08:00

Pre-Market Friday! Asian market positive territory Nifty50 on the SGX were trading at 10127 +1.00 Points on indicating gap down opening for the NSE.

The biggest gainers of the session on the Nifty 50 were Hindalco Industries Ltd, which rose 5.99% or 14.95 points to trade at 264.45 at the close. Bharti Infratel Ltd added 5.24% or 21.50 points to end at 432.00 and Reliance Industries Ltd was up 4.22% or 35.45 points to 875.60 in late trade.

Biggest losers included Bharti Airtel Ltd, which lost 0.82% or 3.30 points to trade at 400.25 in late trade. UltraTech Cement Ltd declined 0.79% or 31.15 points to end at 3919.80 and Indian Oil Corporation Ltd. shed 0.77% or 3.20 points to 414.90.          

Rupee desk: The USD/INR was down 0.17% to 65.062

FII Activity 12th October 2017 – FII DII Activity details mentioned below. In the cash market today, FII’s sold 668 crores stock whereas DII’s bought 872 crores worth of stock. In the derivative market, FII’s bought 262 crore of Index futures and sold 23 crores worth of Index options. In the Stock futures segment, FII’s bought 742 crores worth of stock futures and bought 99 crores stock options.

Technical Outlook: Nifty future 4hr technical chart has formed “Rising wedge pattern”. The previous market session ended up near the resistance line of the channel but could not break it. Hence we can expect a downfall in the market and the rally couLd reach towards 10050 level. Key resistance holds at 10150 and a short-term support holds at 10080.


Research Report call:

Technical Chart:
Bank Nifty 12-10-2017 09:06:00

Technical analysis:

Bank Nifty Future Daily chart continues to travel on the “Descending broadening wedge” channel. The last session of market has been a strong bearish one as we can see in the technical chart. This bearish momentum occured as a  correction that drives in the channel for bullish trend. We can expect the upcoming session to be bullish indeed as per the pattern’s nature. Key support holds near 23600 and a Long-term Resistance level holds near 25000.


Research Report call:

Technical Chart:
Nifty 12-10-2017 08:37:00

Pre-Market Thursday! Asian market positive territory Nifty50 on the SGX were trading at 10020 +31.5 points on indicating gap up opening for the NSE.

On Wednesday, The Nifty 50 index fell 32.15 points or 0.32% to settle at 9,984.80, The Nifty fell 61.15 points, or 0.61% at the days low of 9,955.80 in mid-afternoon trade. The index rose 50.30 points, or 0.50% at the days high of 10,067.25 in mid-morning trade.

The biggest gainers of the session on the Nifty50 were Bharti Airtel Ltd. which rose 4.93% or 18.95 points to trade at 403.55 at the close. Hindustan Petroleum Corporation Ltd added 4.23% or 18.45 points to end at 455.00 and Bharti Infratel Ltd was up 2.66% or 10.65 points to 410.50 in late trade.

Biggest losers included Yes Bank Ltd, which lost 2.65% or 9.90 points to trade at 363.00 in late trade. Vedanta Ltd declined 2.37% or 7.60 points to end at 313.40 and State Bank of India shed 2.02% or 5.20 points to 251.75.

On the NSE stocks movement 1748 fell and 885 advanced, while 99 ended unchanged.

Rupee desk: The USD/INR was down 0.14 to 65.29

CASH FLOW ANALYSIS                                              

FII DII Activity 11th October 2017. In the cash market  In the cash market today, In the cash market today, FII’s sold 107 crores stock whereas DII’s bought 233 crores worth of stock. In the derivative market, FII’s bought 767 crore of Index futures and bought 485 crores worth of Index options. In the Stock futures segment, FII’s bought 884 crores worth of stock futures and sold 37 crores stock options

 Technical outlook

Trading Pattern analysis according to the previous session movement in nifty is bearish pattern after the two days of doji pattern which signals bears are trying to take control of the market at the higher levels. Index, after 7 days of higher highs and higher lows neglected the trend to close near the lows of the day. As a  surprise FII’s have bought 767 crores in the futures after two days of selling. Take fresh short if nifty trades below 9,940 and our view of 9,850-9750 levels.  Key resistance holds at 10040.


Research Report call:

Technical Chart:
Banknifty 11-10-2017 09:16:00

Technical Outlook: Bank Nifty Daily Chart has formed a “Descending broadening wedge” pattern, and the current market seems very bullish indeed. Besides the market has broken above the “Ascending triangle” pattern’s Resistance level inside the channel, which also confirms the bullish momentum in the market for a few upcoming sessions. A Short-Term Resistance holds at 24500 and long term at 25000. The Key Support holds near 23800-23600.


Research Report call:

Technical Chart:
Nifty 11-10-2017 08:58:00

Pre-Market Wednesday! Asian market positive territory Nifty50 on the SGX were trading at 10070 +26.5 points on indicating gap up opening for the NSE.

On Tuesday, The Nifty 50 index rose 28.20 points or 0.28% to settle at 10,016.95, its highest closing level since 21 September 2017. The Nifty rose 45.25 points, or 0.45% at the days high of 10,034 in mid-morning trade. The index rose 13.55 points, or 0.14% at the days low of 10,002.30 in mid-afternoon trade.

The biggest gainers of the session on the Nifty 50 were UPL Ltd, which rose 3.37% or 26.75 points to trade at 819.60 at the close. Lupin Ltd added 2.12% or 22.05 points to end at 1062.00 and Power Grid Corporation of India Ltd was up 1.89% or 3.80 points to 204.75 in late trade.

Biggest losers included Eicher Motors Ltd., which lost 1.03% or 329.00 points to trade at 31545.15 in late trade. Ambuja Cements Ltd. declined 0.93% or 2.60 points to end at 277.65 and Vedanta Ltd shed 0.93% or 3.00 points to 321.00

On the NSE stocks movement 1100 fell and 1527 advanced, while 100 ended unchanged.

Rupee desk: The USD/INR was down 0.12 to 65.42

  

CASH FLOW ANALYSIS

FII DII Activity 10 October 2017. In the cash market in the cash market today, In the cash market today, FII’s sold 504 cr. stock whereas DII’s bought 402 cr. worth of stock. In the derivative market, FII’s sold 390 crore of Index futures and bought 222 cr. worth of Index options. In the Stock futures segment, FII’s bought 435 cr. worth of stock futures and bought 103 cr. stock options.

  

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows a Doji pattern for the second day in a row which shows indecisiveness in the market as opening and closing prices are at the same levels. Notable action of the day, index is forming higher highs and higher lows for the past 7 sessions and nifty is slowly moving up after the Friday’s breakout. For the past two days, bulls and bears are fighting so that market is settling near the opening price. 10,050-10,100 will be acting as a strong resistance zone and FII’s are increasing the short positions. Key support holds at 9,940 -9880. 


Research Report call:

Technical Chart:
Banknifty 10-10-2017 09:06:00

Technical View: Bank Nifty

The Daily chart of Bank Nifty future prices has formed “Ascending Triangle chart pattern” which indicates that if the resistance line of the triangle is broken, then we can expect an upside rally to reach 24600-24800 levels in the upcoming sessions. Key resistance holds at 24320 and a short support holds at 24000. 


Research Report call:

Technical Chart:
Nifty 10-10-2017 08:55:00

Pre-Market Monday! Asian market negative territory Nifty50 on the SGX were trading at 10025 +3 points on indicating gap flat opening for the NSE.

On Monday, The Nifty gained 9.05 points or 0.09% to settle at 9988.75 flat gained 9 points and further momentum to hit the intraday high of 10,015.75 and intraday lows of 9,959.45

The biggest gainers of the session on the Nifty50 were YES BANK Ltd, which rose 1.69% points to trade at 372 at the close. TECH MAHINDRA added 1.50% points to end at 463.70 and COAL INDIA.  was up 1.46% in late trade.

Biggest losers included AURPPHARMA, which lost 2.21% points to trade at 729.55 in late trade. ONGC declined 1.75% points to end at 170.80 and POWERGRID shed 1.73% end to 201.20

Rupee desk: The USD/INR was up 0.25 to 65.45

  

CASH FLOW ANALYSIS

 FII DII Activity 09 October 2017. In the cash market in the cash market today, In the cash market today, FII’s sold 475 crores stock whereas DII’s bought 55 crores worth of stock. In the derivative market, FII’s sold 29 crore of Index futures and bought 881 crores worth of Index options. In the Stock futures segment, FII’s sold 218 crores worth of stock futures and bought 66 crores stock options. In last session, FII’s have increased their exposure in Index long futures (by 2.2%) and their positions in Index shorts is increased by 3.1%. In options, FII’s have increased positions in Index Call (long) by 0.5 % and positions in Index Put (long) is increased by 1.8%.

 

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows indecisive pattern called Doji, as opening and closing prices are at the same levels. Index is forming higher highs and higher lows for the past 7 sessions above which was acting as a strong bullish trend. The higher-level nifty could test 10040. key support holds at 9,940 -9880.


Research Report call:

Technical Chart:
BANKNIFTY 09-10-2017 09:14:00

Technical View:

Short term analysis: Bank Nifty

On analyzing the Hourly chart of Bank Nifty market, the current trend has formed “Rectangle Chart pattern” and it seems bullish inside the horizontal channel. A breaks of either the Resistance or Support levels could lead to an overall trend reversal scenario. The Short-Term Support is at 24030 and the Resistance is at 24230.


Research Report call:

Technical Chart:
Nifty 09-10-2017 08:50:00

Pre-Market Monday! Asian market negative territory Nifty50 on the SGX were trading at 9979 +41 points on indicating gap down opening for the NSE.

On Friday, The Nifty gained 91 points or 0.92% to settle at 9979.70 flat gained 20 points and further momentum to hit the intraday high of 9,989 and intraday lows of 9,906.

The biggest gainers of the session on the Nifty50 were GAIL Ltd, which rose 5.06% or 21.80 points to trade at 452.70 at the close. Tata Steel Ltd added 4.61% or 30.45 points to end at 691.45 and Hindalco Industries Ltd.  was up 4.22% or 10.15 points to 250.90 in late trade.

Biggest losers included Hero MotoCorp Ltd, which lost 1.37% or 51.50 points to trade at 3703.95 in late trade. Bharti Infratel Ltd declined 1.30% or 5.25 points to end at 399.95 and Housing Development Finance Corporation Ltd shed 0.67% or 11.70 points to 1740.00.

On the NSE stocks movement 934 fell and 1634 advanced, while 110 ended unchanged.

Rupee desk: The USD/INR was up 0.25 to 65.45

 

CASH FLOW ANALYSIS

FII DII Activity 06 October 2017. In the cash market in the cash market today, FII’s sold 1040 crores stock whereas DII’s bought 1239 crores worth of stock. In the derivative market, FII’s bought 311 crore of Index futures and bought 771 crores worth of Index options. In the Stock futures segment, FII’s bought 435 crores worth of stock futures and bought 7 crores stock options. In last session, FII’s have increased their exposure in Index long futures (by 3%) and their positions in Index shorts is increased by 0.6%. In options, FII’s have increased positions in Index Call (long) by 2.5 % and positions in Index Put (long) is increased by 1.2%.

 

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows strong bullish pattern as nifty opened near the low point of the day and closed near the high point of the day. Notable action of the nifty broke 9,940 levels and closed above which was acting as a strong bullish trend. The level nifty could test 10000-10040. key support  holds at 9,940 -9880.


Research Report call:

Technical Chart:
BANKNIFTY 06-10-2017 09:09:00

Technical View:

Short term analysis: Bank Nifty

The Bank Nifty market has formed a symmetrical triangle pattern in the hourly chart which indicates a chance in accumulation of both negative and positive momentum in a short term when it breaks through the key Support or the Resistance levels. Support holds at 24000 and a short-term. Resistance holds near 24200.


Research Report call:

Technical Chart:
Nifty 06-10-2017 08:58:00

Pre-Market! US index and asian market remained positive territory Nifty50 on the SGX were trading at 9948 +28 points on indicating gap opening for the NSE.

On Thursday, The Nifty lower 26.20 points or 0.26% to settle at 9,888.70 gaps up gained 14 points and further momentum to hit the intraday high of 9,945 and intraday lows of 9,881.85.

The biggest gainers of the session on the Nifty50 were Aurobindo Pharma Ltd, which rose 2.47% or 17.90 points to trade at 742.85 at the close. Ambuja Cements Ltd. added 1.63% or 4.40 points to end at 273.95 and NTPC Ltd was up 1.40% or 2.35 points to 170.40 in late trade.

Biggest losers included Tech Mahindra Ltd, which lost 3.03% or 14.10 points to trade at 450.95 in late trade. Bharti Infratel Ltd declined 2.85% or 11.85 points to end at 404.65 and Power Grid Corporation of India Ltd shed 1.94% or 4.05 points to 205.00.

On the NSE stocks movement 1104 fell and 1453 advanced, while 105 ended unchanged.

Rupee desk: The USD/INR was up 0.12 to 65.31

 

CASH FLOW ANALYSIS

FII DII Activity 05 October 2017. In the cash market FII’s sold 656 crores stock whereas DII’s bought 519 crores worth of stock. In the derivative market, FII’s sold 490 crore of Index futures and bought 1504 crores worth of Index options. In the Stock futures segment, FII’s bought 128 crores worth of stock futures and bought 148 crores stock options. In last session, FII’s have decreased their exposure in Index long futures (by 3%) and their positions in Index shorts is increased by 1.6%. In options, FII’s have increased positions in Index Call (long) by 3 % and positions in Index Put (long) is increased by 1.2%.

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty displays small bearish candle. But overall chart pattern sentiment is bullish. Nifty is forming higher highs and higher lows for the past 5 sessions which is positive for the market. We can observe that nifty is finding it difficult to cross 9,940 .  Crossing it and trading above the level, nifty could test 9980-10000 immediately. Key support holds at 9,850 -9750.


Research Report call:

Technical Chart:
BANKNIFTY 05-10-2017 09:24:00

 Technical View:

Short term analysis: BANKNIFTY

In par with technical aspects, Bank Nifty Market is Currently under consolidation as yesterdays session in Daily has shown a Doji like formation which can be read as trend reversal pattern. Key support holds at 23800 and the Key resistance holds at 24310. 


Research Report call:

Technical Chart:
Nifty50 05-10-2017 07:32:00

 NIFTY

Pre-Market ! on yesterday The Reserve Bank of India announce its monetary policy decision  no rate cut, the positive reaction from the market investors . US index closed edge up. Asian market trading mixed, Nifty50 on the SGX were trading at 9924 -23 points on indicating flat opening for the NSE.

On Wednesday  The Nifty 50 index rose 55.40 points or 0.56% to settle at 9,914.90, The index gained 78.80 points or 0.8% at the days high of 9,938.30. The index fell 8.85 points or 0.09% at the days low of 9,850.65. Volatility was witnessed amid firm trade later during the session after RBI announced the policy review decision

  The biggest gainers of the session on the Nifty50 were Reliance Industries Ltd, which rose 3.21% or 25.65 points to trade at 824.00 at the close. Sun Pharmaceutical Industries Ltd. added 3.03% or 15.25 points to end at 517.90 and Aurobindo Pharma Ltd. was up 2.55% or 18.00 points to 724.95 in late trade.

 Biggest losers included Bharti Airtel Ltd. which lost 1.95% or 7.50 points to trade at 377.15 in late trade. UPL Ltd declined 0.99% or 7.85 points to end at 788.15 and Eicher Motors Ltd. shed 0.84% or 262.70 points to 30884.60

 On the NSE stocks movement 1133 fell and 1414 advanced, while 124 ended unchanged.

 Rupee desk : The USD/INR was down 0.49 to 65.21

CASH FLOW ANALYSIS

FII DII Activity 04th October 2017. In the cash market FII’s sold 632 crores stock whereas DII’s bought 584 crores worth of stock. In the derivative market, FII’s bought 801 crore of Index futures and sold 187  crores worth of Index options. In the Stock futures segment, FII’s bought 1169 crores worth of stock futures and bought 49 crores stock options. In last session, FII’s have increased their exposure in Index long futures (by 8.7%) and their positions in Index shorts are increased by 1%. In options, FII’s have increased positions in Index Call (long) by 2.6 % and positions in Index Put (long) is increased by 0.3%.

 Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows small bullish pattern which indicates bullish sentiment in the market. Nifty is forming higher highs and higher lows for the past 4 sessions which is positive for the market.  We can see nifty is finding difficult to cross 9,940 for the past 4 days. Nifty holds resistance at 9,940. Until nifty crosses 9,940 it is likely that nifty can break 9,750-9,650 levels in coming days.


Research Report call:

Technical Chart:
NIFTY -EXPECTED FLAT OPENING 04-10-2017 08:51:00

NIFTY

Opening bell ! The Reserve Bank of India is expected to announce its monetary policy decision later in the day. US index closed higher overnight. Asian market trading mixed, Nifty50 on the SGX were trading at 9881 +7 points on indicating flat opening for the NSE.

On Tuesday The Nifty gained 70.79 points or 0.72% to settle at 9,859.50 gap up gained nearly 50points and further momentum to hit the intraday high of 9,895.40 and day low of 9831.05 

 

The biggest gainers of the session on the Nifty50 were GAIL Ltd, which rose 3.90% or 16.35 points to trade at 435.40 at the close. Tata Motors Ltd added 3.61% or 14.50 points to end at 416.00 and Bharti Infratel Ltd was up 2.15% or 8.55 points to 408.50 in late trade.

 

 

 

Biggest losers included Power Grid Corporation of India Ltd, which lost 2.56% or 5.40 points to trade at 205.60 in late trade.Maruti Suzuki India Ltd declined 1.39% or 111.05 points to end at 7867.15 and Cipla Ltd. shed 1.48% or 8.70 points to 578.90.

On the NSE stocks movement 1274 fell and 1342 advanced, while 108 ended unchanged.

 

Rupee desk : The USD/INR was up 0.20 to 65.71

 

 

 

CASH FLOW ANALYSIS

 

FII DII Activity 03 October 2017. In the cash market, FII’s sold 693 cr stock whereas DII’s bought 1552 cr worth of stock. In the derivative market, FII’s bought 323 cr of Index futures and bought 203  cr worth of Index options. In the Stock futures segment, FII’s bought 1744 cr worth of stock futures and sold 54 cr stock options. In last session, FII’s have increased their exposure in Index long futures (by 3.7%) and their positions in Index shorts is increased by 0.6%. In options, FII’s have increased positions in Index Call (long) by 1.1 % and positions in Index Put (long) is increased by 0.7%.

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows  a hanging man pattern which means opening was near the high point of the day then nifty moved lower and finally recovered to close well below the opening price. This pattern indicates sellers are using higher levels to create new positions or buyers are unwinding the positions at higher levels. Nifty will be seeing resistance at 9,940 Until nifty crosses 9,940 there is high possibility nifty can break 9,750-9,650 levels in coming days

 


Research Report call:

Technical Chart:
Nifty 03-10-2017 09:03:00

Opening bell! Nifty50 on the SGX were trading at 9891 +50 points on indicating gap up opening for the NSE.

On Friday, The Nifty gained 19.65 points or 0.20% to settle at 9,788.60 gap up gained 46 points and further momentum to hit the intraday high of 9,854 at mid-day and end of the session nifty lost 79 points to reach the intraday lows of 9,775.25.

The biggest gainers of the session on the Nifty50 were GAIL Ltd which rose 5.75% or 22.80 points to trade at 419.05 at the close. Eicher Motors Ltd. added 3.41% or 1028.10 points to end at 31213.30 and Aurobindo Pharma Ltd. was up 2.35% or 15.85 points to 691.65 in late trade.

Biggest losers included Hindustan Unilever Ltd, which lost 2.40% or 28.90 points to trade at 1173.90 in late trade. Wipro Ltd declined 1.98% or 5.65 points to end at 280.25 and Dr. Reddy’s Laboratories Ltd shed 1.89% or 44.90 points to 2330.50.

On the NSE stocks movement 883 fell and 1546 advanced, while 176 ended unchanged.

Rupee desk: The USD/INR was up 0.23 to 65.5050

 

CASH FLOW ANALYSIS

FII DII Activity 29th September 2017. In the cash market, FII’s sold 1546 crores stock whereas DII’s bought 2064 crores worth of stock. In the derivative market, FII’s bought 342 crore of Index futures and bought 1301 crores worth of Index options. In the Stock futures segment, FII’s bought 702 crores worth of stock futures and bought 118 crores stock options. In last session, FII’s have increased their exposure in Index long futures (by 11%) and their positions in Index shorts is increased by 10.5%. In options, FII’s have increased positions in Index Call (long) by 8.6 % and positions in Index Put (long) is increased by 6.3%.

 

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows a shooting star and also a small bearish pattern which suggests indecisiveness in market. After seeing the gap up opening, nifty rallied to 80 points.  But sellers took the opportunity to take positions or otherwise it can be seen as a long unwinding before the long weekend. Nifty holds resistance at 9,940. Until nifty crosses 9,940 there is high possibility that nifty can break 9,750-9,650 levels in the upcoming days. 


Research Report call:

Technical Chart:
Nifty 29-09-2017 09:02:00

Nifty50 on the SGX were trading at 9812 +17 points on indicating flat opening for the NSE.

On Tuesday The Nifty gained 33.20 points or 0.34% to settle at 9,768.95. The index gained 53.45 points or 0.54% at the days high of 9,789.20. The index fell 48.20 points or 0.49% at the days low of 9,687.55. derivates expiry day and volatility is likely as traders would roll over their positions F&O Segment.

The biggest gainers of the session on the Nifty50 were ACC Ltd, which rose 3.53% or 56.10 points to trade at 1645.85 at the close. Dr. Reddy’s Laboratories Ltd added 3.33% or 76.65 points to end at 2381.35 and Coal India Ltd was up 2.66% or 6.95 points to 267.80 in late trade.

Biggest losers included Asian Paints Ltd, which lost 2.59% or 30.00 points to trade at 1130.00 in late trade. Bosch Ltd declined 2.04% or 430.10 points to end at 20682.45 and Aurobindo Pharma Ltd. shed 2.02% or 13.90 points to 675.80.

On the NSE stocks movement 932 fell and 1507 advanced, while 151 ended unchanged.

Rupee desk: The USD/INR was up 0.23 to 65.73

 

CASH FLOW ANALYSIS

FII DII Activity 28th September 2017. In the cash market, FII’s sold 5328 crores stock whereas DII’s bought 5196 crores worth of stock. In the derivative market, FII’s sold 2803 crore of Index futures and bought 2809 crores worth of Index options. In the Stock futures segment, FII’s sold 82 crores worth of stock futures and bought 65 crores stock options. In last session, FII’s have increased their exposure in Index long futures (by NA%) and their positions in Index shorts is increased by NA%. In options, FII’s have increased positions in Index Call (long) by NA% and positions in Index Put (long) is increased by NA%. (Figures irrelevant due to expiry)

 

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows hammer like pattern which can be read as trend reversal pattern. The candlestick will have a small or no upper shadow and the index declines throughout the trading day which makes up for the large body and a small lower shadow. Small retracement can be expected upto 9850. Key support holds at - 9650.


Research Report call:

Technical Chart:
Nifty 28-09-2017 09:04:00

Nifty50 on the SGX were trading at 9724 -12 points on indicating flat opening for the NSE.

On Wednesday The Nifty dropped 135.75 points or 1.38% to settle at 9,735.75, The index fell 157.10 points or 1.59% at the days low of 9,714.40. The index gained 49.55 points or 0.5% at the days high of 9,921.05. Both index hit their lowest level in five weeks at end of day.

The biggest gainers of the session on the Nifty50 were Bharti Infratel Ltd which rose 1.90% or 7.15 points to trade at 382.65 at the close. Tata Consultancy Services Ltd. added 0.82% or 20.35 points to end at 2495.00 and Tech Mahindra Ltd was up 0.58% or 2.60 points to 449.95 in late trade.

Biggest losers included Adani Port and Special Economic Zone Ltd, which lost 4.61% or 18.00 points to trade at 372.55 in late trade. State Bank of India declined 3.04% or 7.85 points to end at 250.40 and UltraTech Cement Ltd shed 2.97% or 116.15 points to 3798.50.

On the NSE stocks movement 1921 fell and 542 advanced, while 123 ended unchanged.

Rupee desk: The USD/INR was up 0.27 to 65.70

 

CASH FLOW ANALYSIS

FII DII Activity 27th September 2017. In the cash market, In the cash market today, FII’s sold 856 crores stock whereas DII’s bought 1858 crores worth of stock. In the derivative market, FII’s sold 249 crore of Index futures and bought 476 crores worth of Index options. In the Stock futures segment, FII’s bought 489 crores worth of stock futures and bought 183 crores stock options. In last session, FII’s have increased their exposure in Index long futures (by 3.3%) and their positions in Index shorts is increased by 6.2%. In options, FII’s have increased positions in Index Call (long) by 2% and positions in Index Put (long) is increased by 3.6%.

 

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows "bearish belt hold pattern" as one can see the opening price is near the high point of the day and closing price is near the lows of the day which indicates sellers are more and buyers are not supporting at the lower levels, suggesting more down side in the market. Yesterday, we had we advised 9800 below bears controls the market and trading channel also broke the target expected 9650. Traders should be cautious ahead of expiry of September F&O series on Thursday as more volatility is expected. Key support holds at 9650, Resistance holds at 9800.


Research Report call:

Technical Chart:
Nifty 27-09-2017 08:59:00

Nifty50 on the SGX were trading at 9896 +40 points on indicating gap up opening for the NSE. Other Asian market has positive territory, on Wall Street overnights speech investors digested Federal Reserve Chair Janet Yellens.

On Tuesday, Nifty declined 1.10 points or 0.01% to settle at 9,871.50, The index gained 18.75 points or 0.19% at the days high of 9,891.35. It fell 59.60 points or 0.6% at the days low of 9,813. Nifty & Sensex both hit their lowest level in four weeks in mid-session.

The biggest gainers of the session on the Nifty50 were Oil and Natural Gas Corporation Ltd, which rose 3.34% or 5.50 points to trade at 170.30 at the close. Indiabulls Housing Finance Ltd added 2.95% or 35.55 points to end at 1242.70 and Hindalco Industries Ltd. was up 2.40% or 5.50 points to 234.60 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 3.82% or 14.95 points to trade at 376.40 in late trade. Bharat Petroleum Corp. Ltd. declined 3.67% or 17.90 points to end at 469.25 and Hindustan Unilever Ltd. shed 2.39% or 29.80 points to 1217.35.

On the NSE stocks movement 963 fell and 1496 advanced, while 154 ended unchanged.

Rupee desk: The USD/INR was up 0.29 to 65.46

 

CASH FLOW ANALYSIS

FII DII Activity 26th September 2017. In the cash market, In the cash market today, FII’s sold 1915 crores stock whereas DII’s bought 1537 crores worth of stock. In the derivative market, FII’s sold 1263 crore of Index futures and bought 828 crores worth of Index options. In the Stock futures segment, FII’s bought 320 crores worth of stock futures and bought 213 crores stock options. In today’s session, FII’s have increased their exposure in Index long futures (by 1.2%) and their positions in Index shorts is increased by 13.3%. In options, FII’s have increased positions in Index Call (long) by 4.2% and positions in Index Put (long) is increased by 1.9%.

 

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows on the daily candle chart an indecisiveness pattern called Dragonfly Doji where closing and opening are more or less equal and also near the high point of the day. It shows confusion among the bulls and bears after the big fall. Nifty which slipped towards its crucial support of 9,800 level managed. Once it breaks 9800 level nifty would come under bears control. We advise you to cover your short position looking at the current scenario. Nifty is expected with a small retracement at 9940-9980 levels. Traders could be cautious ahead of expiry of September F&O series on Thursday. Key support holds at 9800 - 9650.


Research Report call:

Nifty Buy above 9835 Target 9865-9890 Stoploss 9800
Technical Chart:
Nifty 26-09-2017 09:10:00

Nifty50 on the SGX were trading at 9868 -15 points on indicating flat opening for the NSE. Other Asian market has negative territory, on Wall Street overnight, as the war of words between North Korea and the U.S. escalated.

On Monday, The Nifty fell 91.80 points or 0.92% to settle at 9,872.60. The index fell 148.35 points or 1.48% at the days low of 9,816.05. The index declined 3.90 points or 0.03% at the days high of 9,960.50, its lowest closing level since 29 August 2017.

The biggest gainers of the session on the Nifty50 were Tata Power Co. Ltd, which rose 1.80% or 1.45 points to trade at 81.85 at the close. Coal India Ltd added 1.28% or 3.25 points to end at 257.05 and Zee Entertainment Enterprises Ltd.  was up 0.92% or 4.80 points to 526.50 in late trade.

Biggest losers included ACC Ltd, which lost 3.30% or 55.65 points to trade at 1632.65 in late trade. Aurobindo Pharma Ltd. declined 3.22% or 23.35 points to end at 700.85 and Adani Port and Special Economic Zone Ltd shed 3.33% or 13.35 points to 388.65.

On the NSE stocks movement 1922 fell and 582 advanced, while 139 ended unchanged.

Rupee desk: The USD/INR was up 0.32 to 65.16

 

CASH FLOW ANALYSIS

FII DII Activity 25th September 2017. In the cash market, In the cash market today, FII’s sold 1245 crores stock whereas DII’s bought 1009 crores worth of stock. In the derivative market, FII’s sold 721 crore of Index futures and bought 787 crores worth of Index options. In the Stock futures segment, FII’s sold 238 crores worth of stock futures and sold 1 crores stock options. In last session, FII’s have decreased their exposure in Index long futures (by 0.3%) and their positions in Index shorts is increased by 8.1%. In options, FII’s have decreased positions in Index Call (long) by 3% and positions in Index Put (long) is increased by 3.4%.

 

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows on the daily chart another long bearish pattern which signals more down fall in markets in the days to come, as nifty opened near the high point of the day and drift further to record new short-term lows indicates no buyers near the lows to push the market up.

Investors are advised a short position. Maintain a strict stop loss above 10,000. Nifty could test next down side support at 9750-9650. Major resistance holds at 10000.


Research Report call:

Technical Chart:
Nifty 25-09-2017 08:53:00

Nifty50 on the SGX were trading at 9987 +3 points on indicating falt opening for the NSE. Other Asian market has negative territory, Market registered strong losses in the last trading session of the week amid geopolitical tensions.

On Friday The Nifty fell 157.50 points or 1.56% to settle at 9,964.40, The index slumped 169.10 points or 1.67% at the days low of 9,952.80. It fell 26.85 points or 0.26% at the days high of 10,095.05. on register biggest single-day fall in the last ten months and also gave the lowest daily close in last ten trading sessions.

The biggest gainers of the session on the Nifty50 were HCL Technologies Ltd, which rose 1.63% or 14.15 points to trade at 884.45 at the close. Wipro Ltd added 0.87% or 2.55 points to end at 294.45 and Bharti Infratel Ltd was up 0.61% or 2.35 points to 390.00 in late trade.

Biggest losers included Hindalco Industries Ltd, which lost 4.85% or 11.85 points to trade at 230.90 in late trade. Tata Steel Ltd declined 4.82% or 33.10 points to end at 654.00 and Yes Bank Ltd. shed 4.35% or 16.40 points to 360.65.

On the NSE stocks movement 2045 fell and 485 advanced, while 134 ended unchanged.

 

Economic Data

As per the data released by the Reserve Bank of India, India’s services exports increased 3.2% to $13.18 billion in July 2017 over July 2016. Meanwhile, India’s services imports declined 1% to $7.33 billion in July 2017. India’s services trade surplus improved 8.9% to $5.84 billion in July 2017 from $5.37 billion in July 2016.

Rupee desk: The USD/INR was up 0.53 to 64.87

 

CASH FLOW ANALYSIS

FII DII Activity 22th September 2017. In the cash market, In the cash market today, FII’s sold 1241 crores stock whereas DII’s bought 521 crores worth of stock. In the derivative market, FII’s bought 1687 crore of Index futures and sold 634 crores worth of Index options. In the Stock futures segment, FII’s sold 125 crores worth of stock futures and sold 110 crores stock options. In last session, FII’s have increased their exposure in Index long futures (by 8.6%) and their positions in Index shorts is decreased by 3.9%. In options, FII’s have decreased positions in Index Call (long) by 3.7% and positions in Index Put (long) is increased by 4.9%.

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows on the daily chart, it formed a Bearish Engulfing pattern as it snapped the entire gains of last week and closed below previous week’s low levels.

On the intraday four-hour chart nifty shows “Ascending Broadening wedge pattern”. In this pattern, the current uptrend revised downside and the support line is at 9976. If it breaks again below 9940 then trend reversal down move expected is 9900 levels.

Investors are advised a short position. Maintain a strict stop loss above 10,090. Nifty could test next down side support at 10000 -9940. Major resistance holds at 10170. 


Research Report call:

Technical Chart:
Nifty 22-09-2017 09:09:00

Tracking Asian market negative territory, Chinese financial markets would react to a downgrade on the nation’s credit rating,

Nifty50 on the SGX were trading at 1,0089 -51 points on indicating gap down opening for the NSE.

On yesterday The Nifty 50 index fell 19.25 points or 0.19% to settle at 10,121.90, The index rose 17.75 points, or 0.18% at the days high of 10,158.90. The index fell 82.55 points, or 0.81% at the days low of 10,058.60.

The biggest gainers of the session on the Nifty50 were Dr. Reddy’s Laboratories Ltd which rose 7.57% or 175.30 points to trade at 2490.00 at the close. Cipla Ltd. added 3.90% or 22.20 points to end at 591.90 and Lupin Ltd was up 2.81% or 28.15 points to 1030.40 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd. which lost 2.57% or 14.10 points to trade at 535.55 in late trade. GAIL Ltd declined 2.29% or 9.55 points to end at 407.75 and Tata Motors DV Ltd shed 2.26% or 5.40 points to 233.20.

On the NSE stocks movement 1527 fell and 974 advanced, while 142 ended unchanged.

 

Economic Data

 As per the data released by the Reserve Bank of India, Indias services exports increased 3.2% to $13.18 billion in July 2017 over July 2016. Meanwhile, Indias services imports declined 1% to $7.33 billion in July 2017. Indias services trade surplus improved 8.9% to $5.84 billion in July 2017 from $5.37 billion in July 2016.

Rupee desk: The USD/INR was up 0.53 to 64.87

 

CASH FLOW ANALYSIS

FII DII Activity 21st September 2017. In the cash market, FII’s sold 1204 crores stock whereas DII’s bought 1416 crores worth of stock. In the derivative market, FII’s sold 375 crore of Index futures and bought 305 crores worth of Index options. In the Stock futures segment, FII’s sold 102 crores worth of stock futures and sold 2 crores stock options. In last session, FII’s have increased their exposure in Index long futures (by 3.1%) and their positions in Index shorts is increased by 8.1%. In options, FII’s have increased positions in Index Call (long) by 0.2% and positions in Index Put (long) is decreased by 2.9%.

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows "Hammer pattern" which means the big fall in the price has enabled buying  and closed well above the low price of the day. Sellers are more lilkely to impact the market. We were also expecting the consolidation after the breakout move, which was accomplished yesterday, when Nifty brokeout and closed below 10,130 levels. Nifty is likely to test next down side support. The key support nifty holds at 10050 -10000 major resistance holds at 10170.   


Research Report call:

Technical Chart:
Nifty 21-09-2017 09:08:00

Tracking a world market negative in hand over US Federal Reserve left interest rates unchanged on Wednesday but signaled it still expects one more increase by the end of the year despite a recent bout of low inflation.

Asian market negative territory Nifty50 on the SGX were trading at 1,0145 -23 points on indicating gap down opening for the NSE.

On yesterday The Nifty 50 index fell 6.40 points or 0.06% to settle at 10,141.15,The index rose 23.50 points, or 0.23% at the days high of 10,171.05. The index fell 13.35 points, or 0.13% at the days low of 10,134.20.  settled near the flat line in a range-bound trading session.

The biggest gainers of the session on the Nifty50 were Dr. Reddy’s Laboratories Ltd, which rose 3.72% or 83.45 points to trade at 2325.00 at the close. Bank of Baroda Ltd added 2.63% or 3.80 points to end at 148.35 and Tata Steel Ltd was up 1.66% or 11.25 points to 687.65 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd, which lost 2.49% or 12.60 points to trade at 494.30 in late trade. Hero MotoCorp Ltd declined 2.24% or 88.20 points to end at 3856.05 and Tata Motors Ltd shed 2.09% or 8.85 points to 414.80.

On the NSE stocks movement 1329 fell and 1189 advanced, while 144 ended unchanged.

 

Economic Data

As per the data released by the Reserve Bank of India, Indias services exports increased 3.2% to $13.18 billion in July 2017 over July 2016. Meanwhile, Indias services imports declined 1% to $7.33 billion in July 2017. Indias services trade surplus improved 8.9% to $5.84 billion in July 2017 from $5.37 billion in July 2016.

Rupee desk: The USD/INR was up 0.06 to 64.3325

 

CASH FLOW ANALYSIS

FII DII Activity 20th September 2017. In the cash market, FII’s sold 1185cr stock whereas DII’s bought 946cr worth of stock. In the derivative market, FII’s sold 469 cr of Index futures and bought 831cr worth of Index options. In the Stock futures segment, FII’s bought 128cr worth of stock futures and sold 33cr stock options. In last session, FII’s have increased their exposure in Index long futures (by 2%) and their positions in Index shorts is increased by 7%. In options, FII’s have increased positions in Index Call (long) by 0.7% and positions in Index Put (long) is increased by 3.1%.

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows bearish candle as the opening price is near the highs of the day and closed near the day’s low which suggests bears are not giving up easily the control to bulls and its most likely that consolidation will occur after the breakout move. Nifty is in the uptrend until it closes below 10,130 levels and one can buy on dips until nifty closes below these levels. If the Nifty consistently trades above 10,170 the rally is likely to move towards 10,300-10450. 


Research Report call:

Technical Chart:
Nifty 20-09-2017 09:06:00

Tracking Asian market Hang Seng, Shanghai, Nikkei flat note. Nifty50 on the SGX were trading at 1,0160 -6 points on indicating flat opening for the NSE.

On Tuesday, The Nifty 50 index fell 5.55 points or 0.05% to settle at 10,147.55, The index rose 25.85 points, or 0.25% at the days high of 10,178.95. The index fell 23.15 points, or 0.23% at the days low of 10,129.95. last two session of market very low volatility. a Major index remained flat. Asian markets as well as other global counters were very flat as well ahead of Fed meet. 

The biggest gainers of the session on the Nifty50 were GAIL Ltd, which rose 5.15% or 20.60 points to trade at 420.85 at the close. Tata Motors Ltd added 4.62% or 18.70 points to end at 423.65 and Tata Motors DV Ltd was up 3.38% or 7.90 points to 241.40 in late trade.

Biggest losers included Coal India Ltd, which lost 2.27% or 6.00 points to trade at 258.55 in late trade. Aurobindo Pharma Ltd. declined 1.74% or 13.30 points to end at 748.95 and Hindalco Industries Ltd shed 1.20% or 3.00 points to 246.50.

On the NSE stocks movement 1270 fell and 1257 advanced, while 142 ended unchanged.

 

Economic Data

As per the data released by the Reserve Bank of India, Indias services exports increased 3.2% to $13.18 billion in July 2017 over July 2016. Meanwhile, Indias services imports declined 1% to $7.33 billion in July 2017. Indias services trade surplus improved 8.9% to $5.84 billion in July 2017 from $5.37 billion in July 2016.

Rupee desk: The USD/INR was up 0.03 to 64.2050.

 

CASH FLOW ANALYSIS

FII DII Activity 19th September 2017. In the cash market, FII’s sold 1719 crores stock whereas DII’s sold 77 crores worth of stock. In the derivative market, FII’s sold 1028 crore of Index futures and bought 349 crores worth of Index options. In the Stock futures segment, FII’s bought 9 crores worth of stock futures and bought 74 crores stock options. In last session, FII’s have decreased their exposure in Index long futures (by 1.3%) and their positions in Index shorts is increased by 10.6%. In options, FII’s have decreased positions in Index Call (long) by 0.6% and positions in Index Put (long) is increased by 3.2%.

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty shows bearish candle, as the opening price is near the highs of the day and closed near the day’s low which suggests, bears are not giving up easily the control to bulls and its likely  to consolidate  after the breakout move. Nifty is in the uptrend until it closes below 10,130 levels and one can buy on dips until nifty closes below these levels. If the Nifty consistently trades above 10,171. The rally is likely to move towards 10,300-10450. 


Research Report call:

Buy Nifty 10165 Target 10190 Stoploss 10145
Technical Chart:
Nifty 19-09-2017 08:55:00

Checking a World index& Asian market trading mixed. Nifty50 on the SGX were trading at 1,0164 -15 points lower indicating flat opening for the NSE.

On Monday, The Nifty 50 index rose 67.70 points or 0.67% to settle at 10,153.10, its record closing high. The index rose 86.30 points, or 0.86% at the days high of 10,171.70. The index fell 45.90 points, or 0.46% at the days low of 10,131.30. It surpassed its previous lifetime high of 10,138. Strong global cues lifted investors spirit in opening trade. Later, market sentiment remained buoyant till mid-afternoon trade helped by positive European stocks. However, indices slightly pared intraday gains in late trade.

The biggest gainers of the session on the Nifty50 were Bharti Infratel Ltd, which rose 4.04% or 15.10 points to trade at 389.10 at the close. Bajaj Auto Ltd added 3.70% or 111.80 points to end at 3137.40 and India bulls Housing Finance Ltd was up 2.78% or 35.15 points to 1301.10 in late trade.

Biggest losers included Oil and Natural Gas Corporation Ltd, which lost 0.90% or 1.50 points to trade at 165.25 in late trade. Tata Steel Ltd declined 0.89% or 6.05 points to end at 672.90 and ITC Ltd shed 0.85% or 2.30 points to 267.00

On the India, National Stock Exchange stocks movement 1495 fell and 1062 advanced, while 152 ended unchanged

 

Economic Data

 As per the data released by the Reserve Bank of India, Indias services exports increased 3.2% to $13.18 billion in July 2017 over July 2016. Meanwhile, Indias services imports declined 1% to $7.33 billion in July 2017. Indias services trade surplus improved 8.9% to $5.84 billion in July 2017 from $5.37 billion in July 2016.

Rupee desk: The USD/INR was up 0.03 to 64.2050

 

CASH FLOW ANALYSIS

FII DII Activity 18th September 2017. In the cash, In the cash market, FII’s sold 96 crores stock whereas DII’s bought 775 crores worth of stock. In the derivative market, FII’s sold 197 crore of Index futures and sold 1027 crores worth of Index options. In the Stock futures segment, FII’s bought 83 crores worth of stock futures and bought 2 crores stock options. In last session, FII’s have increased their exposure in Index long futures (by 1.1%) and their positions in Index shorts is increased by 3.7%. In options, FII’s have increased positions in Index Call (long) by 0.8% and positions in Index Put (long) is decreased by 0.4%.

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty displays bullish candle and was moving into new uncharted territory which suggests bulls were able to come out of the bears grip. If the Nifty consistently trades above 10,171 the rally is likely to move towards 10,300-10450.


Research Report call:

Technical Chart:
Nifty 18-09-2017 08:55:00

Tracking Asian market Hang Seng, shanghai, Nikkei over 1% percent up. Nifty50 on the SGX were trading at 1,0148 +54 points on indicating gap up for the NSE.

On last trading session of market, The Nifty fell 1.20 points or 0.01% to settle at 10,085.40, The index rose 28.55 points or 0.28% at the days high of 10,115.15 in late trade. It fell 42.95 points or 0.42% at the days low of 10,043.65 in morning trade. Market sentiment was lackluster amid geopolitical tensions in the wake of North Koreas missile launch in the direction of the east of Japan.

The biggest gainers of the session on the Nifty50 were Oil and Natural Gas Corporation Ltd, which rose 4.33% or 6.90 points to trade at 166.25 at the close. Bajaj Auto Ltd added 3.32% or 97.25 points to end at 3025.60 and Coal India Ltd was up 1.86% or 4.75 points to 259.80 in late trade.

Biggest losers included Dr. Reddy’s Laboratories Ltd, which lost 2.00% or 45.05 points to trade at 2208.30 in late trade. IndusInd Bank Ltd. declined 1.70% or 29.40 points to end at 1699.35 and ACC Ltd shed 1.31% or 24.15 points to 1820.70.

On the India, National Stock Exchange stocks movement 1425 fell and 1074 advanced, while 140 ended unchanged

Rupee desk: The USD/INR was down 0.02 to 64.1675

 

CASH FLOW ANALYSIS

FII DII Activity 15th September 2017. In the cash, In the cash market, FII’s bought 418 crores stock whereas DII’s bought 125 crores worth of stock. In the derivative market, FII’s bought 133 crore of Index futures and sold 1031 crores worth of Index options. In the Stock futures segment, FII’s sold 1123 crores worth of stock futures and sold 24 crores stock options. In last session, FII’s have increased their exposure in Index long futures (by 1.8%) and their positions in Index shorts is increased by 0.9%. In options, FII’s have increased positions in Index Call (long) by 2% and positions in Index Put (long) is increased by 0.5%.

 

Technical outlook

Trading Pattern analysis according to the previous session movement in nifty neglected four days higher highs and higher lows and closed flat. Spinning Top Candle suggests indecisiveness in the market where bulls and bears are fighting each other. Nifty was able to recover in the last one hour of the trade which signals, bulls are not ready to give it up easily and nifty was also facing resistance around 10,130 which is acting as strong hurdle for bulls to cross. Nifty shows tough resistance near 10,130 levels and any strong closing is required to move the market further up or break the support fall expected up to 10000.  Henceforth, we suggest that long traders should be careful while creating positions. Key support  holds at 10050 and key resistance holds at 10130.


Research Report call:

Technical Chart:
NIFTY 15-09-2017 09:10:00

 NIFTY

Tracking Asian market  opened mixed. Investors remained cautious as North Korea fired another missile over Japan.Nifty50 on the SGX were trading at 1,0064 -60 points lower indicating gap down  for the NSE.

On Thursday The Nifty advanced 7.30 points or 0.07% to settle at 10,086.60. It rose 47.20 points, or 0.47% at the days high of 10,126.50. It fell 8.95 points, or 0.09% at the days low of 10,070.35.

 Biggest losers included Wipro Ltd,which lost 4.21% or 12.45 points to trade at 283.45 in late trade. GAIL Ltd declined 1.73% or 7.05 points to end at 400.95 and Kotak Mahindra Bank Ltd. shed 1.23% or 12.55 points to 1007.60.

 The top performers on the BSE Sensex 30 were Sun Pharmaceutical Industries Ltd. which rose 4.24% to 524.25, AXIS Bank Ltd. which was up 4.20% to settle at 519.75 and Tata Motors Ltd which gained 3.62% to close at 403.90.

 GDP to remain below 6% in Q2 FY’18: SBI report

GDP is likely to remain below 6 percent in the second quarter of 2017-18 owing to muted agriculture growth and sluggish performance of manufacturing and mining sector, says a SBI research report. While it has estimated GDP numbers to remain muted at sub-6 percent for the July-September quarter, the third and fourth quarter growth is expected to be below 6.5 percent. source live mint

Rupee desk : The USD/INR was rise 0.12 to 64.2150

 

CASH FLOW ANALYSIS

 

FII DII Activity 13th September 2017. In the cash, In the cash market, FII’s sold 1334 crores stock whereas DII’s bought 793 crores worth of stock. In the derivative market, FII’s sold 483 crore of Index futures and bought 1040 crores worth of Index options. In the Stock futures segment, FII’s bought 57 crores worth of stock futures and bought 116 crores stock options. In last session, FII’s have decreased their exposure in Index long futures (by 0.8%) and their positions in Index shorts are increased by 6%. In options, FII’s have increased positions in Index Call (long) by 0.7% and positions in Index Put (long) is increased by 1.4%.

Technical outlook

 

Trading Pattern analysis according to the previous session movement in the nifty shows a “bullish spinning top” pattern, two days in row which suggest indecisiveness in the market. They may be at the end of an uptrend. Nifty formed an inside bar which means today’s highs and lows was within yesterday’s highs and lows and was able to close in the green after drifting into the red. Nifty displays tough resistance near 10,130 levels and any strong closing is required to move the market further up or break the support and fall is expected upto 10000. Henceforth, we suggest long traders to be vigilant while taking positions. Key support holds at 10050. Key resistance holds at 10140.

 

 


Research Report call:

Technical Chart:
Nifty 14-09-2017 09:08:00

Tracking Asian market Nifty50 on the SGX were trading at 1,0090 -11 points lower indicating flat opening for the NSE.

On Wednesday, The Nifty 50 index fell 13.75 points or 0.14% to settle at 10,079.30. The Nifty rose 38.40 points, or 0.38% at the days high of 10,131.45 in mid-afternoon trade, the index fell 29.90 points, or 0.30% at the days low of 10,063.15 in late trade.

The biggest gainers of the session on the Nifty50 were Tata Power Co Ltd which rose 4.69% or 3.80 points to trade at 84.80 at the close. Sun Pharmaceutical Industries Ltd. added 4.13% or 19.95 points to end at 503.35 and Reliance Industries Ltd was up 3.60% or 29.65 points to 853.40 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd., which lost 6.30% or 33.65 points to trade at 500.20 in late trade. Indian Oil Corporation Ltd. declined 4.36% or 18.95 points to end at 415.95 and Grasim Industries Ltd shed 2.23% or 28.05 points to 1229.55.

RBI-Announcement

The Reserve Bank of India notified that the foreign investment limit for investment by foreign institutional investors (FIIs)/ foreign portfolios investors (FPIs) in Capital First has increased from 24% to 50% of its paid up capital. Further, owing to the increase in the above investment limit, it is notified that the aggregate shareholding by FIIs/FPIs in Capital First has gone below the prescribed FIIs/FPIs investment limit for the company. Hence, the restrictions placed on the purchase of shares of the above company by FIIs/FPIs, was withdrawn with immediate effect.

Rupee desk: The USD/INR was rise 0.06 to 64.0875

 

CASH FLOW ANALYSIS

FII DII Activity 13th September 2017. In the cash, In the cash market, FII’s sold 826 crores stock whereas DII’s bought 725 crores worth of stock. In the derivative market, FII’s sold 531 crore of Index futures and sold 92 crores worth of Index options. In the Stock futures segment, FII’s bought 62 crores worth of stock futures and bought 115 crores stock options. In last session, FII’s have increased their exposure in Index long futures (by 3.4%) and their positions in Index shorts is increased by 11%. In options, FII’s have decreased positions in Index Call (long) by 2.3% and positions in Index Put (long) is increased by 3.1%.

 

Technical outlook

Trading Pattern analysis according to the previous session movement in the nifty shows a bullish momentum. A spinning top pattern indicates indecisiveness in the market. They may be at the end of an uptrend. Yesterday, nifty snapped four-day rally by closing in the red, but managed to form higher highs and higher lows for the past 3 sessions which is positive.  On the other hand, FII’s have sold 1075 crores in the index futures for the past three days which is not supporting this move. We suggest, long traders should be careful while creating positions. key support holds at 10050 key resistance holds at 10140.


Research Report call:

Nifty future Sell below 10080 target 10045 stoploss 10115
Technical Chart:
Nifty 13-09-2017 09:08:00

 World index tracking Wall Street hit record closing highs on Tuesday.Nifty50 on the SGX were trading at 1,0094 -14 points lower indicating flat opening for the NSE.

On Wednesday Nifty 50 index gained 87 points or 0.87% to settle at 10,093.05, The Nifty rose 91.50 points, or 0.91% at the day’s high of 10,097.55 in late trade. The index rose 22 points, or 0.22% at the days low of 10,028.05 in morning trade. Overall strength in the market still prevails and it was good to see no retracement of yesterday’s session. One or two more such session would ensure further sustained up move for market.

The biggest gainers of the session on the Nifty50 were Bharat Petroleum Corp. Ltd. which rose 4.22% or 21.60 points to trade at 533.85 at the close. GAIL Ltd added 3.75% or 14.80 points to end at 409.60 and Tata Motors Ltd was up 3.45% or 12.95 points to 388.25 in late trade.

Biggest losers included IndusInd Bank Ltd. which lost 2.76% or 49.35 points to trade at 1741.90 in late trade. Wipro Ltd declined 1.01% or 3.05 points to end at 298.10 and Hero MotoCorp Ltd shed 0.65% or 25.60 points to 3918.90.

Rupee desk: The USD/INR was rise 0.12 to 64.1575

 

CASH FLOW ANALYSIS

FII DII Activity 12th September 2017. In the cash, In the cash market, FII’s sold 1230 crores stock whereas DII’s bought 1313 crores worth of stock. In the derivative market, FII’s sold 298 crore of Index futures and sold 18 crores worth of Index options. In the Stock futures segment, FII’s bought 211 crores worth of stock futures and sold 68 crores stock options. In last’s session, FII’s have increased their exposure in Index long futures (by 0.1%) and their positions in Index shorts is increased by 4.1%. In options, FII’s have increased positions in Index Call (long) by 3.2% and positions in Index Put (long) is increased by 1.4%.

 

Technical outlook

Trading Pattern analysis according to the previous session movement in the nifty shows a bullish candle slightly long lower shadow and rising wedge pattern as the open price is near the day’s low and closing price is well above the opening price. Previous market is moving in a narrow range of 9,850 - 10,050 which is broken out. The trend is strong bullish.  Avoid short selling on current levels and nifty50 expected target is 10140. key support holds at 10050 key resistance holds at 10140. Bank nifty is stronger compared to nifty.


Research Report call:

Technical Chart:
Nifty 12-09-2017 09:03:00

Nifty50 on the SGX were trading at 1,0058 +33 points higher indicating gap up opening for the NSE.

On Monday, The Nifty 50 index advanced 71.25 points or 0.72% to settle at 10,006.05. After strong opening the momentum continued to cross 10,000 levels. The Nifty rose 93.85 points, or 0.94% at the days high of 10,028.65 in late trade. The index rose 34 points, or 0.34% at the days low of 9,968.80 in early trade. On back of strong global cues, our markets made an attempt to move higher. After a long time, Bank Nifty outperformed the market. 

The biggest gainers of the session on the Nifty50 were IndusInd Bank Ltd. which rose 5.62% or 95.35 points to trade at 1791.25 at the close. Tata Power Co. Ltd added 4.68% or 3.60 points to end at 80.60 and Larsen & Toubro Ltd was up 3.88% or 45.45 points to 1217.85 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 1.01% or 13.30 points to trade at 1297.90 in late trade. Mahindra & Mahindra Ltd. declined 0.99% or 12.80 points to end at 1282.60 and Sun Pharmaceutical Industries Ltd. shed 0.83% or 3.90 points to 467.45.