Nifty

Nifty 12/14/2018 8:57:00 AM
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Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10784 -42 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.50%, while the BSE Sensex 30 index gained 0.42%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 5.41% or 39.70 points to trade at 775.70 at the close. Lupin Ltd added 3.75% or 30.85 points to end at 847.30 and Bajaj Finserv Ltd was up 3.18% or 190.45 points to 6159.40 in late trade.

Biggest losers included Yes Bank Ltd, which lost 6.32% or 11.80 points to trade at 174.70 in late trade. Sun Pharmaceutical Industries Ltd. declined 2.19% or 9.45 points to end at 422.10 and UPL Ltd shed 2.16% or 17.05 points to 773.45.

The breadth, indicating the overall health of the market, 1428 rose and 1041 declined, while 125 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.33% to 71.615.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bearish in trend after few positive rallies inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 10700-10600 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 10850 then it might turn bullish once again. The upside rally could test up to 10950-11100 levels. Key support holds at 10600.


Research Report call:

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Technical Chart:
nifty-chart
Nifty 12/13/2018 9:03:00 AM
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Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10838 +49.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 1.79%, while the BSE Sensex 30 index gained 1.79%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd, which rose 6.88% or 209.20 points to trade at 3258.65 at the close. Indiabulls Housing Finance Ltd added 6.91% or 47.90 points to end at 734.30 and UPL Ltd was up 5.02% or 37.55 points to 790.05 in late trade.

Biggest losers included Dr. Reddy’s Laboratories Ltd, which lost 4.38% or 119.10 points to trade at 2586.35 in late trade. Lupin Ltd declined 1.27% or 10.60 points to end at 821.65 and Bharti Infratel Ltd shed 0.77% or 1.95 points to 250.70.

The breadth, indicating the overall health of the market, 1856 rose and 619 declined, while 132 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.48% to 71.965.

 

CASH FLOW ANALYSIS

FII DII Activity 12th December 2018, In the cash market today, FII’s sold 1299 crores stock whereas DII’s bought 1121 crores worth of stock. In the derivative market, FII’s sold 488 crore of Index futures and bought 1300 crores worth of Index options. In the Stock futures segment, FII’s sold 5 crores worth of stock futures and bought 191 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend after few consolidations inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10800. The upside rally could be testing all the way up to 10900-11000 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10700-10600 levels. Key support holds at 10600.


Research Report call:

Technical Chart:
nifty-chart
Nifty 12/12/2018 8:59:00 AM
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Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10572.50 -27.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.58%, while the BSE Sensex 30 index climbed 0.54%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 8.09% or 13.40 points to trade at 177.85 at the close. Sun Pharmaceutical Industries Ltd. added 6.22% or 24.80 points to end at 422.30 and Asian Paints Ltd. was up 3.82% or 48.65 points to 1323.60 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 3.00% or 6.80 points to trade at 220.10 in late trade. Indian Oil Corporation Ltd declined 1.75% or 2.35 points to end at 131.95 and Bharti Airtel Ltd. shed 1.61% or 4.75 points to 290.25.

The breadth, indicating the overall health of the market, 1581 rose and 757 declined, while 131 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.82% to 71.875.

 

CASH FLOW ANALYSIS

FII DII Activity 11th December 2018, In the cash market today, FII’s sold 2421 crores stock whereas DII’s bought 2255 crores worth of stock. In the derivative market, FII’s sold 635 crore of Index futures and bought 43 crores worth of Index options. In the Stock futures segment, FII’s bought 672 crores worth of stock futures and sold 6 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bullish in trend on a gap down after retesting an interim trend line inside the channel. The market is expected to continue on bullish momentum, testing all the way up to 10650-10750 levels in upcoming sessions. Alternatively, if the market breaks below the key support holding at 10450 then it might turn bearish once again. The downside rally could test up to 10350-10250 levels. Key resistance holds at 10750.


Research Report call:

Technical Chart:
nifty-chart
Nifty 12/11/2018 7:04:00 AM
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Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10355.50 -162.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 1.92%, while the BSE Sensex 30 index lost 2.00%.

The biggest gainers of the session on the Nifty 50 were Indian Oil Corporation Ltd, which rose 3.51% or 4.55 points to trade at 134.35 at the close. Bharat Petroleum Corp. Ltd. added 1.72% or 5.60 points to end at 330.25 and Hindustan Petroleum Corporation Ltd was up 0.29% or 0.65 points to 226.70 in late trade.

Biggest losers included Kotak Mahindra Bank Ltd., which lost 6.11% or 78.15 points to trade at 1198.35 in late trade. Indiabulls Housing Finance Ltd declined 4.79% or 34.35 points to end at 686.60 and UltraTech Cement Ltd shed 4.01% or 157.50 points to 3776.55.

The breadth, indicating the overall health of the market, 1838 fell and 616 advanced, while 129 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.05% to 71.410.

 

CASH FLOW ANALYSIS

FII DII Activity 10th December 2018, In the cash market today, FII’s bought 62 crores stock whereas DII’s bought 351 crores worth of stock. In the derivative market, FII’s sold 1012 crore of Index futures and bought 67 crores worth of Index options. In the Stock futures segment, FII’s sold 851 crores worth of stock futures and sold 150 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below the key support holding at 10440. The downside rally could be testing all the way up to 10350-10250 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10600-10700 levels. Key resistance holds at 10700.


Research Report call:

Technical Chart:
nifty-chart
Nifty 12/10/2018 8:03:00 AM
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Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10602 -137 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.87%, while the BSE Sensex 30 index climbed 1.02%.

The biggest gainers of the session on the Nifty 50 were Kotak Mahindra Bank Ltd., which rose 8.84% or 104.30 points to trade at 1279.65 at the close. Bajaj Finserv Ltd added 3.17% or 179.50 points to end at 5849.90 and Adani Port and Special Economic Zone Ltd was up 2.76% or 10.05 points to 373.45 in late trade.

Biggest losers included HCL Technologies Ltd, which lost 5.00% or 50.60 points to trade at 961.95 in late trade. GAIL Ltd declined 3.94% or 13.75 points to end at 334.70 and Indiabulls Housing Finance Ltd shed 2.28% or 16.70 points to 716.85.

The breadth, indicating the overall health of the market, 1417 fell and 1065 advanced, while 143 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.28% to 70.745.

 

CASH FLOW ANALYSIS

FII DII Activity 7th December 2018, In the cash market today, FII’s sold 817 crores stock whereas DII’s bought 242 crores worth of stock. In the derivative market, FII’s bought 616 crore of Index futures and sold 227 crores worth of Index options. In the Stock futures segment, FII’s bought 854 crores worth of stock futures and bought 6 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum, testing all the way up to 10800-10900 levels in upcoming sessions. Alternatively, if the market breaks below the key support holding at 10600 then it might turn bearish once again. The downside rally could test up to 10500-10400 levels. Key resistance holds at 10900.


Research Report call:

Technical Chart:
nifty-chart
Nifty 12/7/2018 8:56:00 AM
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Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10680.50 +56.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 1.69%, while the BSE Sensex 30 index declined 1.59%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd., which rose 1.11% or 4.60 points to trade at 420.15 at the close. Power Grid Corporation of India Ltd added 0.03% or 0.05 points to end at 183.50 and HDFC Bank Ltd was down 0.11% or 2.40 points to 2097.05 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 5.97% or 46.35 points to trade at 733.35 in late trade. Maruti Suzuki India Ltd. declined 4.67% or 353.05 points to end at 7209.70 and Tech Mahindra Ltd shed 4.38% or 31.85 points to 696.40.

The breadth, indicating the overall health of the market, 1752 fell and 717 advanced, while 140 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.30% to 70.875.

 

CASH FLOW ANALYSIS

FII DII Activity 6th December 2018, In the cash market today, FII’s bought 72 crores stock whereas DII’s sold 389 crores worth of stock. In the derivative market, FII’s sold 1722 crore of Index futures and bought 6642 crores worth of Index options. In the Stock futures segment, FII’s sold 1047 crores worth of stock futures and bought 17 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below the key support holding at 10550. The downside rally could be testing all the way up to 10400 and furthermore levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10650-10750 levels. Key resistance holds at 10750.


Research Report call:

Technical Chart:
nifty-chart
Nifty 12/6/2018 9:09:00 AM
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Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10735 -98.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.80%, while the BSE Sensex 30 index lost 0.69%.

The biggest gainers of the session on the Nifty 50 were Hindustan Unilever Ltd., which rose 2.45% or 44.35 points to trade at 1848.10 at the close. Housing Development Finance Corporation Ltd added 1.60% or 31.05 points to end at 1973.30 and HCL Technologies Ltd was up 0.95% or 9.80 points to 1051.05 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 5.80% or 25.70 points to trade at 412.95 in late trade. Hindalco Industries Ltd. declined 5.19% or 12.10 points to end at 221.35 and Tata Steel Ltd shed 4.03% or 21.70 points to 517.70.

The breadth, indicating the overall health of the market, 1713 fell and 763 advanced, while 136 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.04% to 70.606.

 

CASH FLOW ANALYSIS

FII DII Activity 5th December 2018, In the cash market today, FII’s sold 357 crores stock whereas DII’s sold 791 crores worth of stock. In the derivative market, FII’s sold 1164 crore of Index futures and sold 914 crores worth of Index options. In the Stock futures segment, FII’s sold 843 crores worth of stock futures and bought 309 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend after few positive rallies inside the channel. The market is expected to continue on bearish momentum, once the same breaks below the key support holding at 10700. The downside rally could be testing all the way up to 10600-10500 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10850-10950 levels. Key resistance holds at 10950.


Research Report call:

Technical Chart:
nifty-chart
Nifty 12/5/2018 9:07:00 AM
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Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10850.50 -62 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.13%, while the BSE Sensex 30 index declined 0.29%.

The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd., which rose 2.79% or 9.05 points to trade at 333.70 at the close. Indiabulls Housing Finance Ltd added 2.49% or 19.50 points to end at 803.70 and UPL Ltd was up 2.58% or 18.90 points to 751.45 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 2.72% or 12.40 points to trade at 442.90 in late trade. Mahindra & Mahindra Ltd. declined 2.55% or 19.40 points to end at 740.30 and Grasim Industries Ltd shed 2.26% or 19.55 points to 845.70.

The breadth, indicating the overall health of the market, 1359 fell and 1124 advanced, while 139 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.20% to 70.615.

 

CASH FLOW ANALYSIS

FII DII Activity 4th December 2018, In the cash market today, FII’s sold 55 crores stock whereas DII’s sold 521 crores worth of stock. In the derivative market, FII’s bought 37 crore of Index futures and bought 747 crores worth of Index options. In the Stock futures segment, FII’s sold 399 crores worth of stock futures and sold 168 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend after few positive rallies inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 10800-10700 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 10950 then it might turn bullish once again. The upside rally could test up to 11100-11200 levels. Key support holds at 10700.


Research Report call:

Technical Chart:
nifty-chart
Nifty 12/4/2018 9:10:00 AM
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Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10920 -18.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.06% to hit a new 1-month high, while the BSE Sensex 30 index gained 0.13%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 9.98% or 71.40 points to trade at 783.05 at the close. Yes Bank Ltd added 4.92% or 8.35 points to end at 178.00 and Hindustan Unilever Ltd. was up 4.68% or 82.00 points to 1825.60 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 7.55% or 37.20 points to trade at 455.40 in late trade. Mahindra & Mahindra Ltd. declined 3.47% or 27.45 points to end at 761.05 and UPL Ltd shed 2.76% or 20.90 points to 732.60.

The breadth, indicating the overall health of the market, 1284 rose and 1224 declined, while 156 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.80% to 70.325.

 

CASH FLOW ANALYSIS

FII DII Activity 3rd December 2018, In the cash market today, FII’s bought 293 crores stock whereas DII’s sold 806 crores worth of stock. In the derivative market, FII’s bought 401 crore of Index futures and sold 1170 crores worth of Index options. In the Stock futures segment, FII’s bought 350 crores worth of stock futures and bought 116 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend after few positive rallies inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 10800-10700 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 10950 then it might turn bullish once again. The upside rally could test up to 11100-11200 levels. Key support holds at 10700.


Research Report call:

Technical Chart:
nifty-chart
Nifty 12/3/2018 9:12:00 AM
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Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10984 +74 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.17% to hit a new 1-month high, while the BSE Sensex 30 index climbed 0.07%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 6.26% or 10.05 points to trade at 169.80 at the close. Wipro Ltd added 3.14% or 9.90 points to end at 324.65 and Cipla Ltd. was up 3.03% or 15.90 points to 540.85 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 4.41% or 10.70 points to trade at 232.35 in late trade. Bharti Infratel Ltd declined 3.58% or 9.50 points to end at 256.75 and Tata Motors Ltd shed 2.99% or 5.30 points to 171.95.

The breadth, indicating the overall health of the market, 1264 fell and 1255 advanced, while 149 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.04% to 69.685.

 

CASH FLOW ANALYSIS

FII DII Activity 30th November 2018, In the cash market today, FII’s sold 332 crores stock whereas DII’s bought 1489 crores worth of stock. In the derivative market, FII’s bought 171 crore of Index futures and bought 1521 crores worth of Index options. In the Stock futures segment, FII’s bought 32 crores worth of stock futures and bought 288 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bearish in trend after few positive rallies inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 10800-10700 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 10900 then it might turn bullish once again. The upside rally could test up to 11000-11100 levels. Key support holds at 10700.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/30/2018 8:48:00 AM
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Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10948 +32 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 1.21% to hit a new 1-month high, while the BSE Sensex 30 index climbed 1.27%.

The biggest gainers of the session on the Nifty 50 were Bajaj Auto Ltd, which rose 4.16% or 108.20 points to trade at 2724.00 at the close. Kotak Mahindra Bank Ltd. added 4.20% or 48.75 points to end at 1212.95 and Hindalco Industries Ltd. was up 4.07% or 8.80 points to 224.50 in late trade.

Biggest losers included HCL Technologies Ltd, which lost 2.50% or 26.10 points to trade at 1013.45 in late trade. Power Grid Corporation of India Ltd declined 2.22% or 4.10 points to end at 180.50 and Oil and Natural Gas Corporation Ltd shed 1.26% or 1.80 points to 140.60.

The breadth, indicating the overall health of the market, 1263 rose and 1261 declined, while 134 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.78% to 69.845.

 

CASH FLOW ANALYSIS

FII DII Activity 29th November 2018, In the cash market today, FII’s bought 823 crores stock whereas DII’s bought 973 crores worth of stock. In the derivative market, FII’s bought 3302 crore of Index futures and bought 2263 crores worth of Index options. In the Stock futures segment, FII’s bought 657 crores worth of stock futures and bought 200 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend, along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above the key resistance holding at 10900. The upside rally could be testing all the way up to 11000-11100 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10800-10700 level. Key support holds at 10700.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/29/2018 8:52:00 AM
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Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10810 +95 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.40%, while the BSE Sensex 30 index gained 0.57%.

The biggest gainers of the session on the Nifty 50 were Tata Consultancy Services Ltd., which rose 5.02% or 94.80 points to trade at 1983.90 at the close. Infosys Ltd added 4.01% or 25.60 points to end at 666.40 and Zee Entertainment Enterprises Ltd. was up 3.97% or 18.25 points to 477.45 in late trade.

Biggest losers included Yes Bank Ltd, which lost 11.25% or 20.55 points to trade at 162.10 in late trade. Bharat Petroleum Corp. Ltd. declined 4.56% or 15.30 points to end at 320.15 and Bharti Airtel Ltd. shed 3.70% or 12.15 points to 314.10.

The breadth, indicating the overall health of the market, 1552 fell and 955 advanced, while 157 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.34% to 70.645.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend, along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above the key resistance holding at 10750. The upside rally could be testing all the way up to 10900-11000 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10600-10450 level. Key support holds at 10450.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/28/2018 8:49:00 AM
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Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10726 +35 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.54%, while the BSE Sensex 30 index added 0.45%.

The biggest gainers of the session on the Nifty 50 were Infosys Ltd, which rose 3.15% or 19.55 points to trade at 638.90 at the close. Bharat Petroleum Corp. Ltd. added 2.43% or 7.95 points to end at 335.50 and Bajaj Finserv Ltd was up 3.00% or 172.10 points to 5880.35 in late trade.

Biggest losers included Hero MotoCorp Ltd, which lost 3.84% or 118.00 points to trade at 2958.15 in late trade. Sun Pharmaceutical Industries Ltd. declined 3.81% or 19.45 points to end at 493.85 and Yes Bank Ltd shed 3.03% or 5.70 points to 182.65.

The breadth, indicating the overall health of the market, 1286 fell and 1191 advanced, while 164 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.00% to 70.828.

 

CASH FLOW ANALYSIS

FII DII Activity 27th November 2018, In the cash market today, FII’s bought 811 crores stock whereas DII’s bought 31 crores worth of stock. In the derivative market, FII’s sold 704 crore of Index futures and sold 666 crores worth of Index options. In the Stock futures segment, FII’s sold 102 crores worth of stock futures and sold 74 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend, along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above the key resistance holding at 10750. The upside rally could be testing all the way up to 10900-11000 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10600-10450 level. Key support holds at 10450.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/27/2018 8:50:00 AM
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Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10590.50 -56.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.97%, while the BSE Sensex 30 index gained 1.07%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd, which rose 6.11% or 178.35 points to trade at 3076.00 at the close. Hindustan Unilever Ltd. added 3.87% or 64.90 points to end at 1744.00 and Wipro Ltd was up 4.04% or 12.40 points to 318.45 in late trade.

Biggest losers included Yes Bank Ltd, which lost 1.97% or 3.85 points to trade at 187.90 in late trade. Oil and Natural Gas Corporation Ltd declined 3.45% or 5.25 points to end at 146.60 and Sun Pharmaceutical Industries Ltd. shed 2.83% or 14.90 points to 510.75.

The breadth, indicating the overall health of the market, 1505 fell and 1019 advanced, while 156 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.21% to 70.715.

 

CASH FLOW ANALYSIS

FII DII Activity 26th November 2018, In the cash market today, FII’s bought 62 crores stock whereas DII’s bought 351 crores worth of stock. In the derivative market, FII’s sold 167 crore of Index futures and bought 1821 crores worth of Index options. In the Stock futures segment, FII’s bought 475 crores worth of stock futures and sold 126 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bullish in trend, after few negative rallies inside the channel. The market is expected to continue on bullish momentum, testing all the way up to 10700-10800 levels in upcoming sessions. Alternatively, if the market breaks below the key support holding at 10500 then it might turn bearish once again. The downside rally could test up to 10400-10300 level. Key resistance holds at 10800.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/26/2018 9:20:00 AM
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Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10545.50 +19.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.69%, while the BSE Sensex 30 index lost 0.62%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 4.23% or 18.55 points to trade at 458.85 at the close. Adani Port and Special Economic Zone Ltd added 2.01% or 7.25 points to end at 368.15 and Larsen & Toubro Ltd was up 0.57% or 8.05 points to 1410.15 in late trade.

Biggest losers included Mahindra & Mahindra Ltd., which lost 2.99% or 23.00 points to trade at 746.10 in late trade. Indian Oil Corporation Ltd declined 2.37% or 3.35 points to end at 138.25 and Grasim Industries Ltd shed 2.52% or 21.75 points to 843.35.

The breadth, indicating the overall health of the market, 1437 fell and 1075 advanced, while 147 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.20% to 70.965.

 

CASH FLOW ANALYSIS

FII DII Activity 22nd November 2018, In the cash market today, FII’s bought 446 crores stock whereas DII’s bought 49 crores worth of stock. In the derivative market, FII’s bought 1600 crore of Index futures and bought 1604 crores worth of Index options. In the Stock futures segment, FII’s sold 288 crores worth of stock futures and sold 90 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend, after few positive rallies inside the channel. The market is expected to continue on bearish momentum, once the same breaks below the key support holding at 10500. The downside rally could be testing all the way up to 10400-10300 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10700-10800 level. Key resistance holds at 10800.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/22/2018 9:31:00 AM
nifty-image

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10619.50 -1.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.53%, while the BSE Sensex 30 index declined 0.77%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd, which rose 6.44% or 157.30 points to trade at 2601.80 at the close. Yes Bank Ltd added 3.28% or 6.30 points to end at 198.15 and Grasim Industries Ltd was up 3.47% or 29.05 points to 863.75 in late trade.

Biggest losers included Tata Consultancy Services Ltd., which lost 3.47% or 65.25 points to trade at 1812.00 in late trade. Infosys Ltd declined 3.41% or 21.90 points to end at 619.10 and Power Grid Corporation of India Ltd shed 3.40% or 6.40 points to 182.10.

The breadth, indicating the overall health of the market, 1273 fell and 1221 advanced, while 137 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.16% to 71.310.

 

CASH FLOW ANALYSIS

FII DII Activity 21st November 2018, In the cash market today, FII’s sold 1652 crores stock whereas DII’s bought 606 crores worth of stock. In the derivative market, FII’s sold 705 crore of Index futures and bought 2287 crores worth of Index options. In the Stock futures segment, FII’s sold 111 crores worth of stock futures and bought 144 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend, after few positive rallies inside the channel. The market is expected to continue on bearish momentum, once the same breaks below the key support holding at 10550. The downside rally could be testing all the way up to 10400-10300 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10700-10800 level. Key resistance holds at 10800.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/21/2018 8:33:00 AM
nifty-image

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10642.50 -27 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 1.00%, while the BSE Sensex 30 index lost 0.84%.

The biggest gainers of the session on the Nifty 50 were GAIL Ltd, which rose 2.79% or 9.35 points to trade at 344.05 at the close. Adani Port and Special Economic Zone Ltd added 1.41% or 4.95 points to end at 355.25 and IndusInd Bank Ltd. was up 0.97% or 14.90 points to 1557.85 in late trade.

Biggest losers included Yes Bank Ltd, which lost 6.20% or 12.70 points to trade at 192.10 in late trade. Hindalco Industries Ltd. declined 5.33% or 12.50 points to end at 221.95 and Indiabulls Housing Finance Ltd shed 3.71% or 27.20 points to 706.60.

The breadth, indicating the overall health of the market, 1668 fell and 828 advanced, while 140 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.04% to 71.454.

 

CASH FLOW ANALYSIS

FII DII Activity 20th November 2018, In the cash market today, FII’s sold 753 crores stock whereas DII’s sold 44 crores worth of stock. In the derivative market, FII’s bought 170 crore of Index futures and sold 738 crores worth of Index options. In the Stock futures segment, FII’s sold 573 crores worth of stock futures and sold 235 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bearish in trend, after few positive rallies inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 10550-10400 levels in upcoming sessions. Alternatively, if the market breaks above the key resistance holding at 10760 then it might turn bullish once again. The upside rally could test up to 10900-11000 level. Key support holds at 10400.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/20/2018 8:55:00 AM
nifty-image

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10739.50 -42.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.76% to hit a new 1-month high, while the BSE Sensex 30 index climbed 0.90%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 7.83% or 14.95 points to trade at 204.80 at the close. ITC Ltd added 2.87% or 7.95 points to end at 284.50 and Tata Motors Ltd was up 2.72% or 4.90 points to 184.60 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 3.42% or 26.20 points to trade at 733.80 in late trade. GAIL Ltd declined 2.19% or 7.50 points to end at 334.70 and Bajaj Finance Ltd shed 1.46% or 35.10 points to 2360.95.

The breadth, indicating the overall health of the market, 1276 rose and 1256 declined, while 155 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.22% to 71.630.

 

CASH FLOW ANALYSIS

FII DII Activity 19th November 2018, In the cash market today, FII’s bought 1103 crores stock whereas DII’s sold 310 crores worth of stock. In the derivative market, FII’s bought 860 crore of Index futures and sold 1745 crores worth of Index options. In the Stock futures segment, FII’s bought 34 crores worth of stock futures and sold 105 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend, along with some corrections inside the channel. The market is expected to continue on bearish momentum by retesting a strong key resistance zone inside the channel, testing all the way up to 10700-10550 levels in upcoming sessions. Alternatively, if the market breaks above the key resistance holding at 10800 then it might turn bullish once again. The upside rally could test up to 10900-11000 level. Key support holds at 10550.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/19/2018 8:18:00 AM
nifty-image

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10751.50 +53.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.62% to hit a new 1-month high, while the BSE Sensex 30 index gained 0.56%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 9.10% or 27.70 points to trade at 332.75 at the close. HCL Technologies Ltd added 3.36% or 33.25 points to end at 1022.20 and Eicher Motors Ltd. was up 3.55% or 850.75 points to 24735.00 in late trade.

Biggest losers included Yes Bank Ltd, which lost 6.49% or 13.35 points to trade at 191.00 in late trade. Indiabulls Housing Finance Ltd declined 4.95% or 39.85 points to end at 766.20 and Tata Steel Ltd shed 2.50% or 14.75 points to 574.10.

The breadth, indicating the overall health of the market, 1473 fell and 1073 advanced, while 139 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.03% to 71.855.

 

CASH FLOW ANALYSIS

FII DII Activity 16th November 2018, In the cash market today, FII’s bought 844 crores stock whereas DII’s sold 372 crores worth of stock. In the derivative market, FII’s bought 163 crore of Index futures and sold 328 crores worth of Index options. In the Stock futures segment, FII’s sold 443 crores worth of stock futures and sold 226 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend, along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above the key resistance holding at 10700. The upside rally could be testing all the way up to 10800-10900 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 10550-10400 level. Key support holds at 10400.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/16/2018 8:35:00 AM
nifty-image

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10666 +44 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.38% to hit a new 1-month high, while the BSE Sensex 30 index gained 0.34%.

The biggest gainers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd, which rose 4.28% or 14.20 points to trade at 346.20 at the close. Titan Company Ltd added 3.29% or 29.35 points to end at 920.80 and Eicher Motors Ltd. was up 2.93% or 679.90 points to 23945.35 in late trade.

Biggest losers included Grasim Industries Ltd, which lost 8.02% or 70.25 points to trade at 808.70 in late trade. Yes Bank Ltd declined 7.42% or 16.50 points to end at 205.85 and Indiabulls Housing Finance Ltd shed 4.33% or 36.30 points to 804.85.

The breadth, indicating the overall health of the market, 1447 fell and 1058 advanced, while 131 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.19% to 72.062.

 

 CASH FLOW ANALYSIS

FII DII Activity 15th November 2018, In the cash market today, FII’s bought 2043 crores stock whereas DII’s sold 165 crores worth of stock. In the derivative market, FII’s bought 418 crore of Index futures and bought 2238 crores worth of Index options. In the Stock futures segment, FII’s sold 568 crores worth of stock futures and bought 212 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend, along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above the key resistance holding at 10650. The upside rally could be testing all the way up to 10750-10850 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 10500-10400 level. Key support holds at 10400.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/15/2018 8:46:00 AM
nifty-image

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10624.50 +23.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.06%, while the BSE Sensex 30 index declined 0.01%.

The biggest gainers of the session on the Nifty 50 were Hindustan Petroleum Corporation Ltd, which rose 4.04% or 9.40 points to trade at 243.70 at the close. Bharat Petroleum Corp. Ltd. added 3.60% or 10.90 points to end at 315.95 and UPL Ltd was up 3.05% or 22.45 points to 760.25 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 7.41% or 41.65 points to trade at 520.10 in late trade. Tech Mahindra Ltd declined 3.58% or 26.05 points to end at 700.25 and GAIL Ltd shed 3.52% or 12.85 points to 352.55.

The breadth, indicating the overall health of the market, 1360 fell and 1152 advanced, while 128 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.07% to 72.278.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bearish in trend, retesting a key resistance zone inside the channel. The market is expected to continue on bullish momentum based on the current price action, once the same breaks below the key resistance holding at 10650. The upside rally could be testing all the way up to 10750-10850 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 10500-10400 level. Key support holds at 10400.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/14/2018 8:44:00 AM
nifty-image

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10650 +45 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.96%, while the BSE Sensex 30 index climbed 0.95%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd., which rose 6.23% or 1366.45 points to trade at 23241.85 at the close. Indian Oil Corporation Ltd added 4.44% or 6.00 points to end at 141.40 and Bharat Petroleum Corp. Ltd. was up 3.95% or 11.50 points to 303.15 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 4.75% or 28.00 points to trade at 561.75 in late trade. Tata Motors Ltd declined 3.65% or 6.80 points to end at 179.50 and Indiabulls Housing Finance Ltd shed 2.68% or 23.20 points to 841.95.

The breadth, indicating the overall health of the market, 1278 rose and 1250 declined, while 133 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.40% to 72.645.

 

CASH FLOW ANALYSIS

FII DII Activity 13th November 2018, In the cash market today, FII’s sold 494 crores stock whereas DII’s bought 335 crores worth of stock. In the derivative market, FII’s sold 111 crore of Index futures and bought 520 crores worth of Index options. In the Stock futures segment, FII’s sold 603 crores worth of stock futures and bought 6 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bullish in trend, after few negative rallies inside the channel. The market is expected to continue on bullish momentum, once the same breaks below the key resistance holding at 10620. The upside rally could be testing all the way up to 10700-10800 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 10500-10400 level. Key support holds at 10400.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/13/2018 8:21:00 AM
nifty-image

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10457.50 -42.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.97%, while the BSE Sensex 30 index fell 0.98%.

The biggest gainers of the session on the Nifty 50 were Titan Company Ltd, which rose 5.99% or 50.75 points to trade at 894.75 at the close. Tech Mahindra Ltd added 2.37% or 16.75 points to end at 724.55 and Tata Steel Ltd was up 1.93% or 11.05 points to 582.85 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 7.17% or 17.30 points to trade at 225.05 in late trade. Tata Motors Ltd declined 4.58% or 8.95 points to end at 186.05 and Indian Oil Corporation Ltd shed 4.55% or 6.45 points to 135.05.

The breadth, indicating the overall health of the market, 1498 fell and 1010 advanced, while 151 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.36% to 72.925.

 

CASH FLOW ANALYSIS

FII DII Activity 12th November 2018, In the cash market today, FII’s bought 832 crores stock whereas DII’s sold 1073 crores worth of stock. In the derivative market, FII’s sold 168 crore of Index futures and bought 8 crores worth of Index options. In the Stock futures segment, FII’s sold 146 crores worth of stock futures and bought 17 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bearish in trend, after few consolidations inside the channel. The market is expected to continue on bearish momentum, once the same breaks below the key support holding at 10450. The downside rally could be testing all the way up to 10350-10250 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 10600-10700 level. Key resistance holds at 10700.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/12/2018 9:04:00 AM
nifty-image

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10606.50 -16 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.12%, while the BSE Sensex 30 index fell 0.22%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 5.37% or 11.60 points to trade at 227.90 at the close. Hindustan Petroleum Corporation Ltd added 5.05% or 11.60 points to end at 241.30 and Indiabulls Housing Finance Ltd was up 3.70% or 30.80 points to 862.15 in late trade.

Biggest losers included Infosys Ltd, which lost 2.49% or 16.80 points to trade at 659.50 in late trade. Dr. Reddy’s Laboratories Ltd declined 2.16% or 53.00 points to end at 2400.00 and Hindalco Industries Ltd. shed 2.32% or 5.65 points to 238.80.

The breadth, indicating the overall health of the market, 1287 rose and 1170 declined, while 128 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.23% to 72.540.

 

CASH FLOW ANALYSIS

FII DII Activity 9th November 2018, In the cash market today, FII’s bought 614 crores stock whereas DII’s sold 337 crores worth of stock. In the derivative market, FII’s bought 647 crore of Index futures and sold 776 crores worth of Index options. In the Stock futures segment, FII’s bought 136 crores worth of stock futures and bought 4 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up in sideways trend, near a key resistance zone inside the channel. The market is expected to continue on bullish momentum, one the same breaks above the key resistance holding at 10620. The upside rally could be testing all the way up to 10700-10800 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test up to 10500-10400 level. Key support holds at 10400.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/9/2018 9:06:00 AM
nifty-image

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10587 -29 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.06%, while the BSE Sensex 30 index climbed 0.12%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 2.20% or 9.65 points to trade at 448.20 at the close. Tata Consultancy Services Ltd. added 2.07% or 39.15 points to end at 1932.70 and Yes Bank Ltd was up 2.19% or 4.60 points to 214.45 in late trade.

Biggest losers included Vedanta Ltd, which lost 6.61% or 14.70 points to trade at 207.40 in late trade. Cipla Ltd. declined 5.88% or 33.10 points to end at 530.80 and Hindustan Petroleum Corporation Ltd shed 2.94% or 6.85 points to 226.30.

The breadth, indicating the overall health of the market, 1244 fell and 1233 advanced, while 151 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.21% to 73.015.

 

CASH FLOW ANALYSIS

FII DII Activity 6th November 2018, In the cash market today, FII’s sold 499 crores stock whereas DII’s bought 118 crores worth of stock. In the derivative market, FII’s bought 440 crore of Index futures and bought 3095 crores worth of Index options. In the Stock futures segment, FII’s sold 790 crores worth of stock futures and sold 32 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend, along with some corrections inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 10450-10350 levels in upcoming sessions. Alternatively, if the market breaks above the key resistance holding at 10620 then it might turn bullish once again. The upside rally could test up to 10750 level. Key support holds at 10350.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/6/2018 8:48:00 AM
nifty-image

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10588 +28 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.27%, while the BSE Sensex 30 index fell 0.17%.

The biggest gainers of the session on the Nifty 50 were State Bank of India, which rose 3.77% or 10.75 points to trade at 294.95 at the close. AXIS Bank Ltd added 2.04% or 12.45 points to end at 624.40 and UPL Ltd was up 2.13% or 15.15 points to 724.30 in late trade.

Biggest losers included Cipla Ltd., which lost 7.35% or 44.60 points to trade at 563.05 in late trade. Indian Oil Corporation Ltd declined 5.16% or 7.65 points to end at 140.30 and Indiabulls Housing Finance Ltd shed 4.35% or 37.90 points to 834.10.

The breadth, indicating the overall health of the market, 1289 fell and 1249 advanced, while 153 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.02% to 73.075.

 

CASH FLOW ANALYSIS

FII DII Activity 5th November 2018, In the cash market today, FII’s bought 12 crores stock whereas DII’s sold 621 crores worth of stock. In the derivative market, FII’s sold 481 crore of Index futures and bought 2190 crores worth of Index options. In the Stock futures segment, FII’s sold 531 crores worth of stock futures and bought 56 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend, along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10600. The upside rally could be testing all the way up to 10700-10800 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10350 level. Key support holds at 10350.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/5/2018 8:46:00 AM
nifty-image

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10533 -56 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 1.66%, while the BSE Sensex 30 index climbed 1.68%.

The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd., which rose 6.19% or 17.55 points to trade at 302.35 at the close. Maruti Suzuki India Ltd. added 6.31% or 423.75 points to end at 7135.45 and Vedanta Ltd was up 6.67% or 14.20 points to 225.90 in late trade.

Biggest losers included Tech Mahindra Ltd, which lost 3.98% or 28.65 points to trade at 690.90 in late trade. Wipro Ltd declined 3.37% or 11.10 points to end at 318.40 and Dr. Reddy’s Laboratories Ltd shed 1.74% or 42.75 points to 2423.25.

The breadth, indicating the overall health of the market, 1538 rose and 1023 declined, while 134 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.76% to 72.540.

 

CASH FLOW ANALYSIS

FII DII Activity 2nd November 2018, In the cash market today, FII’s sold 196 crores stock whereas DII’s bought 852 crores worth of stock. In the derivative market, FII’s bought 1380 crore of Index futures and bought 2232 crores worth of Index options. In the Stock futures segment, FII’s bought 445 crores worth of stock futures and bought 271 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend, along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10600. The upside rally could be testing all the way up to 10700-10800 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10350 level. Key support holds at 10350.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/2/2018 9:18:00 AM
nifty-image

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10491 +76 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.06%, while the BSE Sensex 30 index declined 0.03%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 8.48% or 15.95 points to trade at 204.05 at the close. Hindalco Industries Ltd. added 4.92% or 10.85 points to end at 231.25 and AXIS Bank Ltd was up 3.39% or 19.75 points to 602.15 in late trade.

Biggest losers included HCL Technologies Ltd, which lost 3.80% or 40.10 points to trade at 1008.90 in late trade. Lupin Ltd declined 3.77% or 33.40 points to end at 852.05 and Dr. Reddy’s Laboratories Ltd shed 3.18% or 80.85 points to 2461.60.

The breadth, indicating the overall health of the market, 1558 rose and 957 declined, while 122 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.72% to 73.545.

 

CASH FLOW ANALYSIS

FII DII Activity 1st November 2018, In the cash market today, FII’s bought 348 crores stock whereas DII’s sold 509 crores worth of stock. In the derivative market, FII’s sold 263 crore of Index futures and bought 2917 crores worth of Index options. In the Stock futures segment, FII’s bought 956 crores worth of stock futures and bought 88 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend, along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10450. The upside rally could be testing all the way up to 10600-10700 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10150 level. Key support holds at 10150.


Research Report call:

Technical Chart:
nifty-chart
Nifty 11/1/2018 8:50:00 AM
nifty-image

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10421.50 +34.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 1.85%, while the BSE Sensex 30 index added 1.63%.

The biggest gainers of the session on the Nifty 50 were Tech Mahindra Ltd, which rose 8.59% or 58.85 points to trade at 743.90 at the close. Indiabulls Housing Finance Ltd added 8.17% or 62.85 points to end at 834.60 and UPL Ltd was up 5.46% or 34.80 points to 674.35 in late trade.

Biggest losers included Coal India Ltd, which lost 3.57% or 9.85 points to trade at 266.15 in late trade. Dr. Reddy’s Laboratories Ltd declined 2.02% or 52.30 points to end at 2542.45 and Tata Steel Ltd shed 2.04% or 11.50 points to 553.85.

The breadth, indicating the overall health of the market, 1564 rose and 905 declined, while 139 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.41% to 73.965.

 

CASH FLOW ANALYSIS

FII DII Activity 31st October 2018, In the cash market today, FII’s sold 193 crores stock whereas DII’s bought 1124 crores worth of stock. In the derivative market, FII’s bought 737 crore of Index futures and sold 61 crores worth of Index options. In the Stock futures segment, FII’s bought 1172 crores worth of stock futures and bought 97 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend, along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10400. The upside rally could be testing all the way up to 10500-10600 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10150 level. Key support holds at 10150.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/31/2018 2:16:00 AM
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Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10289 +13 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.51%, while the BSE Sensex 30 index fell 0.52%.

The biggest gainers of the session on the Nifty 50 were Tech Mahindra Ltd, which rose 3.12% or 20.75 points to trade at 685.10 at the close. Zee Entertainment Enterprises Ltd. added 2.76% or 11.90 points to end at 444.45 and Grasim Industries Ltd was up 2.75% or 21.55 points to 804.75 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 4.77% or 11.00 points to trade at 219.95 in late trade. Coal India Ltd declined 3.62% or 10.40 points to end at 275.85 and Bharat Petroleum Corp. Ltd. shed 4.13% or 11.45 points to 266.35.

The breadth, indicating the overall health of the market, 1434 rose and 1030 declined, while 143 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.12% to 73.715.

 

CASH FLOW ANALYSIS

FII DII Activity 30th October 2018, In the cash market today, FII’s sold 1592 crores stock whereas DII’s bought 1363 crores worth of stock. In the derivative market, FII’s bought 200 crore of Index futures and bought 503 crores worth of Index options. In the Stock futures segment, FII’s bought 134 crores worth of stock futures and bought 168 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bearish in trend, retesting near a key resistance zone inside the channel. The market is expected to continue on bearish momentum based on the current price action, testing all the way up to 10100-10000 levels in upcoming sessions. Alternatively, if the market breaks above the key resistance holding at 10250 then it might turn bullish once again. The upside rally could test up to 10400 level. Key support holds at 10000.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/30/2018 9:01:00 AM
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Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10247 -29 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 2.20%, while the BSE Sensex 30 index climbed 2.15%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 12.49% or 85.45 points to trade at 771.55 at the close. ICICI Bank Ltd added 11.34% or 35.80 points to end at 349.40 and State Bank of India was up 7.82% or 19.40 points to 267.90 in late trade.

Biggest losers included IndusInd Bank Ltd., which lost 2.48% or 35.80 points to trade at 1412.80 in late trade. HDFC Bank Ltd declined 1.60% or 31.30 points to end at 1926.30 and Kotak Mahindra Bank Ltd. shed 1.61% or 18.60 points to 1138.10.

The breadth, indicating the overall health of the market, 1764 rose and 744 declined, while 133 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.45% to 73.451.

 

CASH FLOW ANALYSIS

FII DII Activity 29th October 2018, In the cash market today, FII’s sold 2230 crores stock whereas DII’s bought 2526 crores worth of stock. In the derivative market, FII’s bought 279 crore of Index futures and bought 2227 crores worth of Index options. In the Stock futures segment, FII’s bought 2078 crores worth of stock futures and bought 602 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bullish in trend, after retesting near the channel’s support slope line. The market is expected to continue on bullish momentum based on the current price action, once the same breaks above the key resistance holding at 10300. The upside rally could be testing all the way up to 10400-10500 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10000 level. Key support holds at 10000.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/29/2018 8:31:00 AM
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Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10096.50 +49.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.94% to hit a new 6-month low, while the BSE Sensex 30 index declined 1.01%.

The biggest gainers of the session on the Nifty 50 were UPL Ltd, which rose 3.43% or 20.55 points to trade at 622.70 at the close. Titan Company Ltd added 2.05% or 16.25 points to end at 806.90 and Tata Motors Ltd was up 1.48% or 2.45 points to 168.50 in late trade.

Biggest losers included Yes Bank Ltd, which lost 8.65% or 17.15 points to trade at 180.70 in late trade. AXIS Bank Ltd declined 4.51% or 25.30 points to end at 537.70 and HCL Technologies Ltd shed 3.77% or 37.85 points to 966.60.

The breadth, indicating the overall health of the market, 1397 fell and 1066 advanced, while 138 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.10% to 73.315.

 

CASH FLOW ANALYSIS

FII DII Activity 26th October 2018, In the cash market today, FII’s sold 1356 crores stock whereas DII’s bought 1875 crores worth of stock. In the derivative market, FII’s sold 146 crore of Index futures and bought 746 crores worth of Index options. In the Stock futures segment, FII’s bought 541 crores worth of stock futures and bought 88 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend, retesting near the channel’s support slope line. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below the key support holding at 10000. The downside rally could be testing all the way up to 9900-9800 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10200 level. Key resistance holds at 10200.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/26/2018 8:53:00 AM
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Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10150 -33 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.98% to hit a new 6-month low, while the BSE Sensex 30 index declined 1.01%.

The biggest gainers of the session on the Nifty 50 were Wipro Ltd, which rose 3.03% or 9.35 points to trade at 318.55 at the close. HCL Technologies Ltd added 2.27% or 22.30 points to end at 1004.85 and Indian Oil Corporation Ltd was up 1.53% or 2.10 points to 140.10 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 6.90% or 51.30 points to trade at 689.10 in late trade. Bharti Airtel Ltd. declined 6.28% or 19.85 points to end at 295.55 and UPL Ltd shed 3.89% or 24.25 points to 599.45.

The breadth, indicating the overall health of the market, 1516 fell and 899 advanced, while 126 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.27% to 73.195.

 

CASH FLOW ANALYSIS

FII DII Activity 25th October 2018, In the cash market today, FII’s sold 1491 crores stock whereas DII’s bought 339 crores worth of stock. In the derivative market, FII’s sold 2605 crore of Index futures and bought 1109 crores worth of Index options. In the Stock futures segment, FII’s sold 202 crores worth of stock futures and bought 235 crores stock options.

 

 Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend, retesting near the channel’s support slope line. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below the key support holding at 10100. The downside rally could be testing all the way up to 10000 and furthermore levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10400 level. Key resistance holds at 10400.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/25/2018 9:02:00 AM
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Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10121 -116 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.77%, while the BSE Sensex 30 index climbed 0.55%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finance Ltd, which rose 11.97% or 249.35 points to trade at 2311.80 at the close. Bharti Airtel Ltd. added 8.97% or 25.65 points to end at 315.85 and Hindustan Petroleum Corporation Ltd was up 6.08% or 13.25 points to 232.75 in late trade.

Biggest losers included Yes Bank Ltd, which lost 4.15% or 8.85 points to trade at 204.00 in late trade. Bajaj Auto Ltd declined 4.54% or 117.50 points to end at 2475.15 and Grasim Industries Ltd shed 2.12% or 17.55 points to 809.00.

The breadth, indicating the overall health of the market, 1312 rose and 1160 declined, while 138 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.11% to 73.155.

 

CASH FLOW ANALYSIS

FII DII Activity 24th October 2018, In the cash market today, FII’s sold 2046 crores stock whereas DII’s bought 1873 crores worth of stock. In the derivative market, FII’s bought 613 crore of Index futures and bought 820 crores worth of Index options. In the Stock futures segment, FII’s bought 537 crores worth of stock futures and bought 207 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bearish in trend, retesting near the channel’s support slope line. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below the key support holding at 10150. The downside rally could be testing all the way up to 10000 and furthermore levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10400 level. Key resistance holds at 10400.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/24/2018 9:04:00 AM
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Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10269.50 +97.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.96% to hit a new 6-month low, while the BSE Sensex 30 index fell 0.84%.

The biggest gainers of the session on the Nifty 50 were Hindustan Petroleum Corporation Ltd, which rose 4.30% or 9.05 points to trade at 217.90 at the close. Indiabulls Housing Finance Ltd added 3.62% or 25.85 points to end at 734.65 and Housing Development Finance Corporation Ltd was up 2.04% or 33.75 points to 1686.75 in late trade.

Biggest losers included Asian Paints Ltd., which lost 4.83% or 57.95 points to trade at 1138.45 in late trade. Sun Pharmaceutical Industries Ltd. declined 4.95% or 30.05 points to end at 575.85 and Wipro Ltd shed 4.30% or 13.85 points to 309.10.

The breadth, indicating the overall health of the market, 1726 fell and 763 advanced, while 132 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.15% to 73.555.

 

CASH FLOW ANALYSIS

FII DII Activity 23rd October 2018, In the cash market today, FII’s sold 340 crores stock whereas DII’s bought 116 crores worth of stock. In the derivative market, FII’s sold 577 crore of Index futures and bought 541 crores worth of Index options. In the Stock futures segment, FII’s sold 190 crores worth of stock futures and sold 45 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up consolidated and retesting near the channel’s support slope line. The market is expected to continue on bullish momentum based on the current price action, once testing all the way up to 10250-10400 levels in upcoming sessions. Alternatively, if the market breaks below the key support zone holding at 10100 then it might turn to overall bearish once again. The downside rally could test up to 10000 and furthermore levels. Key resistance holds at 10400.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/23/2018 8:54:00 AM
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Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10155.50 -96.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.57%, while the BSE Sensex 30 index declined 0.53%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 8.93% or 58.40 points to trade at 713.15 at the close. Eicher Motors Ltd. added 4.03% or 871.70 points to end at 22425.10 and ICICI Bank Ltd was up 4.04% or 12.75 points to 327.10 in late trade.

Biggest losers included IndusInd Bank Ltd., which lost 6.96% or 109.70 points to trade at 1449.45 in late trade. Bharat Petroleum Corp. Ltd. declined 4.51% or 12.80 points to end at 271.15 and UltraTech Cement Ltd shed 3.95% or 142.60 points to 3463.25.

The breadth, indicating the overall health of the market, 1745 fell and 778 advanced, while 136 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.05% to 73.435.

 

CASH FLOW ANALYSIS

FII DII Activity 22nd October 2018, In the cash market today, FII’s sold 511 crores stock whereas DII’s bought 303 crores worth of stock. In the derivative market, FII’s bought 524 crore of Index futures and bought 942 crores worth of Index options. In the Stock futures segment, FII’s bought 349 crores worth of stock futures and bought 155 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend as an engulfing candlestick inside the channel. The market is expected to continue on bearish momentum, once the same breaks below the current key support zone holding at 10200. The downside rally could be testing all the way up to 10100-10000 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 10300-10400 levels. Key resistance holds at 10400.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/22/2018 8:54:00 AM
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Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10334 +9 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 1.43%, while the BSE Sensex 30 index lost 1.33%.

The biggest gainers of the session on the Nifty 50 were Hindustan Petroleum Corporation Ltd, which rose 4.00% or 8.30 points to trade at 215.90 at the close. Sun Pharmaceutical Industries Ltd. added 2.59% or 15.35 points to end at 609.95 and Kotak Mahindra Bank Ltd. was up 1.87% or 22.00 points to 1198.95 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 16.43% or 129.60 points to trade at 653.80 in late trade. HCL Technologies Ltd declined 6.57% or 67.25 points to end at 958.50 and Yes Bank Ltd shed 5.41% or 12.55 points to 217.90.

The breadth, indicating the overall health of the market, 1655 fell and 836 advanced, while 144 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.50% to 73.435.

 

CASH FLOW ANALYSIS

FII DII Activity 19th October 2018, In the cash market today, FII’s sold 618 crores stock whereas DII’s sold 2 crores worth of stock. In the derivative market, FII’s sold 437 crore of Index futures and bought 2584 crores worth of Index options. In the Stock futures segment, FII’s sold 1663 crores worth of stock futures and bought 285 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend on a gap down formation inside the channel. The market is expected to continue on bearish momentum, once the same breaks below the current key support zone holding at 10250. The downside rally could be testing all the way up to 10150-10000 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 10350-10450 levels. Key resistance holds at 10450.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/19/2018 8:42:00 AM
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Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10331.50 -50.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 1.24%, while the BSE Sensex 30 index fell 1.09%.

The biggest gainers of the session on the Nifty 50 were HCL Technologies Ltd, which rose 1.85% or 18.60 points to trade at 1024.25 at the close. Infosys Ltd added 1.47% or 10.25 points to end at 705.35 and ITC Ltd was up 1.20% or 3.40 points to 286.45 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 14.27% or 129.45 points to trade at 788.65 in late trade. Bajaj Finance Ltd declined 6.97% or 160.85 points to end at 2150.50 and Yes Bank Ltd shed 6.39% or 15.90 points to 231.90.

The breadth, indicating the overall health of the market, 1846 fell and 666 advanced, while 133 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.61% to 73.685.

 

CASH FLOW ANALYSIS

FII DII Activity 17th October 2018, In the cash market today, FII’s bought 140 crores stock whereas DII’s sold 342 crores worth of stock. In the derivative market, FII’s bought 1076 crore of Index futures and bought 35 crores worth of Index options. In the Stock futures segment, FII’s bought 43 crores worth of stock futures and sold 103 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up strongly bearish in trend as an engulfing one inside the channel. The market is expected to continue on bearish momentum, once the same breaks below the current key support zone holding at 10400. The downside rally could be testing all the way up to 10300-10200 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish once again. The upside rally could test up to 10550-10650 levels. Key resistance holds at 10650.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/17/2018 9:11:00 AM
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Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10708.50 +123.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.69%, while the BSE Sensex 30 index climbed 0.85%.

The biggest gainers of the session on the Nifty 50 were Mahindra & Mahindra Ltd., which rose 4.01% or 30.00 points to trade at 777.70 at the close. Adani Port and Special Economic Zone Ltd added 4.00% or 12.85 points to end at 333.35 and Tech Mahindra Ltd was up 2.94% or 20.45 points to 718.70 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 5.15% or 48.90 points to trade at 907.35 in late trade. Eicher Motors Ltd. declined 1.34% or 314.50 points to end at 23002.15 and Cipla Ltd. shed 1.21% or 7.85 points to 639.75.

The breadth, indicating the overall health of the market, 1711 rose and 835 declined, while 156 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.14% to 73.615.

 

CASH FLOW ANALYSIS

FII DII Activity 16th October 2018, In the cash market today, FII’s sold 1165 crores stock whereas DII’s bought 1059 crores worth of stock. In the derivative market, FII’s bought 186 crore of Index futures and bought 1477 crores worth of Index options. In the Stock futures segment, FII’s bought 318 crores worth of stock futures and bought 166 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend along with some corrections inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10650. The upside rally could be testing all the way 10750-10850 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10400 levels. Key support holds at 10400.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/16/2018 8:56:00 AM
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Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10521.50 +2.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.38%, while the BSE Sensex 30 index added 0.38%.

The biggest gainers of the session on the Nifty 50 were Lupin Ltd, which rose 5.02% or 42.50 points to trade at 886.80 at the close. Dr. Reddy’s Laboratories Ltd added 4.76% or 116.75 points to end at 2566.85 and Cipla Ltd. was up 3.97% or 24.75 points to 647.85 in late trade.

Biggest losers included Bajaj Finserv Ltd, which lost 2.64% or 153.55 points to trade at 5634.25 in late trade. Hindustan Unilever Ltd. declined 2.49% or 39.05 points to end at 1526.30 and Hindustan Petroleum Corporation Ltd shed 2.70% or 5.90 points to 212.50.

The breadth, indicating the overall health of the market, 1595 rose and 941 declined, while 147 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.18% to 73.815.

 

CASH FLOW ANALYSIS

FII DII Activity 15th October 2018, In the cash market today, FII’s bought 68 crores stock whereas DII’s bought 295 crores worth of stock. In the derivative market, FII’s sold 1207 crore of Index futures and bought 1533 crores worth of Index options. In the Stock futures segment, FII’s bought 473 crores worth of stock futures and sold 94 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up consolidated after few positive rallies inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10550. The upside rally could be testing all the way 10650-10750 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10300 levels. Key support holds at 10300.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/15/2018 8:49:00 AM
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Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10468 -11 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 2.32%, while the BSE Sensex 30 index gained 2.15%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd., which rose 6.92% or 1546.30 points to trade at 23903.75 at the close. Maruti Suzuki India Ltd. added 6.22% or 427.50 points to end at 7287.20 and Bajaj Finance Ltd was up 5.79% or 125.25 points to 2287.35 in late trade.

Biggest losers included Tata Consultancy Services Ltd., which lost 3.11% or 61.65 points to trade at 1918.30 in late trade. HCL Technologies Ltd declined 2.65% or 26.75 points to end at 985.15 and Dr. Reddy’s Laboratories Ltd shed 0.35% or 8.50 points to 2450.50.

The breadth, indicating the overall health of the market, 1969 rose and 595 declined, while 140 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.21% to 73.665.

 

CASH FLOW ANALYSIS

FII DII Activity 12th October 2018, In the cash market today, FII’s sold 1322 crores stock whereas DII’s bought 1287 crores worth of stock. In the derivative market, FII’s bought 528 crore of Index futures and bought 1260 crores worth of Index options. In the Stock futures segment, FII’s bought 525 crores worth of stock futures and sold 219 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend after retesting near the channel’s support line. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10500. The upside rally could be testing all the way 10600-10700 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10300 levels. Key support holds at 10300.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/12/2018 8:33:00 AM
nifty-image

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10324.50 +45 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 2.16% to hit a new 6-month low, while the BSE Sensex 30 index declined 2.19%.

The biggest gainers of the session on the Nifty 50 were Hindustan Petroleum Corporation Ltd, which rose 16.21% or 29.30 points to trade at 207.95 at the close. Indian Oil Corporation Ltd added 5.77% or 7.15 points to end at 131.00 and Bharat Petroleum Corp. Ltd. was up 4.84% or 12.85 points to 278.15 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 9.12% or 89.25 points to trade at 891.70 in late trade. Bajaj Finserv Ltd declined 6.20% or 369.50 points to end at 5592.00 and State Bank of India shed 6.08% or 16.95 points to 262.15.

The breadth, indicating the overall health of the market, 1708 fell and 795 advanced, while 140 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.41% to 74.075.

 

CASH FLOW ANALYSIS

FII DII Activity 11th October 2018, In the cash market today, FII’s sold 2869 crores stock whereas DII’s bought 1888 crores worth of stock. In the derivative market, FII’s sold 1143 crore of Index futures and bought 1634 crores worth of Index options. In the Stock futures segment, FII’s bought 227 crores worth of stock futures and bought 14 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend after retesting near the channel’s support line. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10300. The upside rally could be testing all the way 10400-10500 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10100 levels. Key support holds at 10100.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/11/2018 8:21:00 AM
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Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10215.50 -264.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 1.54%, while the BSE Sensex 30 index added 1.35%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finance Ltd, which rose 10.19% or 210.10 points to trade at 2270.95 at the close. Bajaj Finserv Ltd added 9.81% or 532.40 points to end at 5961.50 and Eicher Motors Ltd. was up 7.37% or 1554.30 points to 22582.35 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 2.93% or 7.80 points to trade at 258.25 in late trade. Infosys Ltd declined 2.42% or 17.40 points to end at 700.45 and Tata Consultancy Services Ltd. shed 2.30% or 48.20 points to 2043.60.

The breadth, indicating the overall health of the market, 1996 rose and 578 declined, while 122 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.11% to 74.175.

 

CASH FLOW ANALYSIS

FII DII Activity 10th October 2018, In the cash market today, FII’s sold 1096 crores stock whereas DII’s bought 1892 crores worth of stock. In the derivative market, FII’s sold 1486 crore of Index futures and bought 1148 crores worth of Index options. In the Stock futures segment, FII’s bought 2279 crores worth of stock futures and sold 96 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bullish in trend after retesting near the channel’s support line. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10540. The upside rally could be testing all the way 10650-10750 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10400-10250 levels. Key support holds at 10250.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/10/2018 8:48:00 AM
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Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10328.50 +16.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.45% to hit a new 6-month low, while the BSE Sensex 30 index fell 0.51%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd, which rose 5.36% or 125.45 points to trade at 2454.15 at the close. Adani Port and Special Economic Zone Ltd added 4.21% or 12.80 points to end at 318.75 and Zee Entertainment Enterprises Ltd. was up 4.58% or 18.95 points to 432.80 in late trade.

Biggest losers included Tata Motors Ltd, which lost 13.19% or 28.00 points to trade at 184.35 in late trade. Titan Company Ltd declined 7.87% or 64.05 points to end at 749.50 and Eicher Motors Ltd. shed 4.74% or 1049.05 points to 21085.70.

The breadth, indicating the overall health of the market, 1536 fell and 988 advanced, while 143 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.62% to 74.335.

 

CASH FLOW ANALYSIS

FII DII Activity 9th October 2018, In the cash market today, FII’s sold 1242 crores stock whereas DII’s bought 1526 crores worth of stock. In the derivative market, FII’s bought 80 crore of Index futures and sold 1447 crores worth of Index options. In the Stock futures segment, FII’s bought 376 crores worth of stock futures and sold 15 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Right angled ascending broadening wedge” pattern. The last session ended up bearish in trend near the channel’s support line. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10290. The downside rally could be testing all the way 10200-10100 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10400-10550 levels. Key resistance holds at 10550.


Research Report call:

Technical Chart:
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Nifty 10/9/2018 8:50:00 AM
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Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10377.50 +10.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.31%, while the BSE Sensex 30 index added 0.28%.

The biggest gainers of the session on the Nifty 50 were Hindustan Petroleum Corporation Ltd, which rose 8.54% or 14.10 points to trade at 179.20 at the close. Yes Bank Ltd added 7.38% or 15.20 points to end at 221.20 and Reliance Industries Ltd was up 5.77% or 60.55 points to 1109.40 in late trade.

Biggest losers included Vedanta Ltd, which lost 10.75% or 24.90 points to trade at 206.75 in late trade. Hindalco Industries Ltd. declined 6.68% or 16.10 points to end at 222.55 and Tech Mahindra Ltd shed 3.43% or 24.50 points to 694.90.

The breadth, indicating the overall health of the market, 1866 fell and 702 advanced, while 159 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.11% to 74.025.

 

CASH FLOW ANALYSIS

FII DII Activity 8th October 2018, In the cash market today, FII’s sold 1805 crores stock whereas DII’s bought 1973 crores worth of stock. In the derivative market, FII’s bought 917 crore of Index futures and sold 1595 crores worth of Index options. In the Stock futures segment, FII’s bought 1334 crores worth of stock futures and bought 97 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last session ended up bullish in trend and consolidated near the channel’s support slope line. The market is expected to continue on bullish momentum, testing all the way 10450-10550 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10300. The downside rally could test up to 10200-10100 levels. Key resistance holds at 10550.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/8/2018 8:50:00 AM
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Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10277 -23 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 2.67% to hit a new 6-month low, while the BSE Sensex 30 index lost 2.25%.

The biggest gainers of the session on the Nifty 50 were Infosys Ltd, which rose 2.16% or 15.30 points to trade at 724.60 at the close. Titan Company Ltd added 1.13% or 8.80 points to end at 792.10 and Tata Consultancy Services Ltd. was up 1.70% or 35.20 points to 2102.65 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 24.50% or 53.20 points to trade at 165.10 in late trade. Bharat Petroleum Corp. Ltd. declined 19.60% or 64.90 points to end at 265.30 and Indian Oil Corporation Ltd shed 16.25% or 22.80 points to 118.05.

The breadth, indicating the overall health of the market, 1896 fell and 655 advanced, while 119 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.33% to 74.030.

 

CASH FLOW ANALYSIS

FII DII Activity 5th October 2018, In the cash market today, FII’s sold 3370 crores stock whereas DII’s bought 1902 crores worth of stock. In the derivative market, FII’s sold 1610 crore of Index futures and bought 1442 crores worth of Index options. In the Stock futures segment, FII’s bought 119 crores worth of stock futures and bought 68 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend near the channel’s support slope line. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10250. The downside rally could be testing all the way 10200-10100 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10550 levels. Key resistance holds at 10550.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/5/2018 9:25:00 AM
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Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10551.50 -52.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 2.39% to hit a new 3-month low, while the BSE Sensex 30 index declined 2.24%.

The biggest gainers of the session on the Nifty 50 were ICICI Bank Ltd, which rose 4.05% or 12.30 points to trade at 316.50 at the close. AXIS Bank Ltd added 2.03% or 11.60 points to end at 586.25 and UltraTech Cement Ltd was up 2.06% or 79.70 points to 3943.65 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 22.44% or 56.35 points to trade at 217.15 in late trade. Bharat Petroleum Corp. Ltd. declined 18.88% or 71.35 points to end at 331.15 and Indian Oil Corporation Ltd shed 18.24% or 28.90 points to 140.30.

The breadth, indicating the overall health of the market, 1828 fell and 744 advanced, while 129 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.16% to 73.735.

 

CASH FLOW ANALYSIS

FII DII Activity 4th October 2018, In the cash market today, FII’s sold 2760 crores stock whereas DII’s bought 1823 crores worth of stock. In the derivative market, FII’s sold 3156 crore of Index futures and bought 8509 crores worth of Index options. In the Stock futures segment, FII’s sold 365 crores worth of stock futures and bought 67 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Right angled Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend near the channel’s support line. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10550. The downside rally could be testing all the way 10400-0300 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10850 levels. Key resistance holds at 10850.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/4/2018 9:17:00 AM
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Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10735 -148 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 1.36% to hit a new 1-month low, while the BSE Sensex 30 index declined 1.51%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 5.63% or 11.30 points to trade at 212.75 at the close. Hindalco Industries Ltd. added 4.76% or 11.55 points to end at 253.75 and Indiabulls Housing Finance Ltd was up 3.74% or 33.90 points to 943.95 in late trade.

Biggest losers included Mahindra & Mahindra Ltd., which lost 7.03% or 59.60 points to trade at 791.60 in late trade. Eicher Motors Ltd. declined 6.79% or 1679.50 points to end at 23235.75 and Bharti Infratel Ltd shed 6.45% or 17.25 points to 251.70.

The breadth, indicating the overall health of the market, 1410 rose and 1156 declined, while 136 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.09% to 73.245.

 

CASH FLOW ANALYSIS

FII DII Activity 3rd October 2018, In the cash market today, FII’s sold 1550 crores stock whereas DII’s bought 1402 crores worth of stock. In the derivative market, FII’s sold 699 crore of Index futures and sold 1357 crores worth of Index options. In the Stock futures segment, FII’s sold 49 crores worth of stock futures and bought 47 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bearish in trend near the channel’s support slope line. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10850. The downside rally could be testing all the way 10780-10700 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 11100 levels. Key resistance holds at 11100.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/3/2018 8:52:00 AM
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Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11007 +49.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.71%, while the BSE Sensex 30 index gained 0.83%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 8.82% or 16.20 points to trade at 200.85 at the close. Hindalco Industries Ltd. added 6.25% or 14.35 points to end at 242.90 and Indiabulls Housing Finance Ltd was up 4.11% or 35.20 points to 906.10 in late trade.

Biggest losers included Bharti Airtel Ltd., which lost 4.18% or 14.15 points to trade at 326.75 in late trade. Hindustan Petroleum Corporation Ltd declined 3.36% or 8.45 points to end at 243.15 and AXIS Bank Ltd shed 3.34% or 20.50 points to 593.45.

The breadth, indicating the overall health of the market, 1589 fell and 1011 advanced, while 147 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.45% to 72.840.

 

CASH FLOW ANALYSIS

FII DII Activity 1st October 2018, In the cash market today, FII’s sold 1841 crores stock whereas DII’s bought 1804 crores worth of stock. In the derivative market, FII’s bought 8 crore of Index futures and bought 1962 crores worth of Index options. In the Stock futures segment, FII’s bought 416 crores worth of stock futures and sold 63 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bullish in trend after retesting near the channel’s support slope line. The market is expected to continue on bullish momentum, testing all the way 11100-11200 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10900 then it might turn bearish once again. The downside rally could test 10850-10800 levels. Key resistance holds at 11200.


Research Report call:

Technical Chart:
nifty-chart
Nifty 10/1/2018 8:16:00 AM
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Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10971 +12 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.43% to hit a new 1-month low, while the BSE Sensex 30 index lost 0.27%.

The biggest gainers of the session on the Nifty 50 were AXIS Bank Ltd, which rose 2.18% or 13.10 points to trade at 613.25 at the close. Wipro Ltd added 1.58% or 5.05 points to end at 324.00 and ITC Ltd was up 1.52% or 4.45 points to 297.75 in late trade.

Biggest losers included Yes Bank Ltd, which lost 9.64% or 19.60 points to trade at 183.65 in late trade. Indiabulls Housing Finance Ltd declined 8.82% or 82.85 points to end at 856.85 and Hindalco Industries Ltd. shed 5.84% or 14.25 points to 229.65.

The breadth, indicating the overall health of the market, 2076 fell and 487 advanced, while 133 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.12% to 72.525.

 

CASH FLOW ANALYSIS

FII DII Activity 28th September 2018, In the cash market today, FII’s sold 1699 crores stock whereas DII’s bought 3256 crores worth of stock. In the derivative market, FII’s bought 702 crore of Index futures and sold 41 crores worth of Index options. In the Stock futures segment, FII’s bought 874 crores worth of stock futures and bought 81 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend near the channel’s support slope line. The market is expected to continue on bearish momentum, once the same breaks below the key support zone holding at 10900. The downside rally could be testing all the way 10850-10800 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 11000-11100 levels. Key resistance holds at 11100.


Research Report call:

Technical Chart:
nifty-chart
Nifty 9/28/2018 8:29:00 AM
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Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11092.50 +50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.69%, while the BSE Sensex 30 index declined 0.60%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 3.23% or 8.45 points to trade at 267.85 at the close. Tata Consultancy Services Ltd. added 2.18% or 46.70 points to end at 2188.85 and Coal India Ltd was up 0.55% or 1.50 points to 276.25 in late trade.

Biggest losers included Yes Bank Ltd, which lost 9.16% or 20.50 points to trade at 203.25 in late trade. Indiabulls Housing Finance Ltd declined 6.01% or 60.10 points to end at 939.70 and Bajaj Finance Ltd shed 4.81% or 111.35 points to 2204.20.

The breadth, indicating the overall health of the market, 1764 fell and 741 advanced, while 142 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.25% to 72.555.

 

CASH FLOW ANALYSIS

FII DII Activity 27th September 2018, In the cash market today, FII’s sold 3838 crores stock whereas DII’s bought 3038 crores worth of stock. In the derivative market, FII’s sold 602 crore of Index futures and sold 517 crores worth of Index options. In the Stock futures segment, FII’s sold 2287 crores worth of stock futures and sold 26 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend near the channel’s support slope line. The market is expected to continue on bearish momentum, once the same breaks below the key support zone holding at 10950. The downside rally could be testing all the way 10900-10850 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test 11050-11100 levels. Key resistance holds at 11100.


Research Report call:

Technical Chart:
nifty-chart
Nifty 9/27/2018 8:47:00 AM
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Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11126 +23 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.12%, while the BSE Sensex 30 index declined 0.30%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 6.81% or 63.35 points to trade at 999.80 at the close. UPL Ltd added 6.13% or 40.50 points to end at 697.55 and Vedanta Ltd was up 4.84% or 11.15 points to 241.55 in late trade.

Biggest losers included Tata Motors Ltd, which lost 3.09% or 7.45 points to trade at 233.35 in late trade. Bharti Infratel Ltd declined 2.77% or 7.45 points to end at 261.50 and Wipro Ltd shed 2.76% or 9.05 points to 319.25.

The breadth, indicating the overall health of the market, 1282 fell and 1252 advanced, while 169 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.10% to 72.615.

 

CASH FLOW ANALYSIS

FII DII Activity 26th September 2018, FII’s sold 809 crores stock whereas DII’s bought 1555 crores worth of stock. In the derivative market, FII’s bought 279 crore of Index futures and bought 1178 crores worth of Index options. In the Stock futures segment, FII’s bought 706 crores worth of stock futures and sold 83 crores stock options.

 

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bearish in trend after retesting near a key resistance zone inside the channel. The market is expected to continue on bearish momentum, testing all the way 10980-10900 levels in upcoming sessions. Alternatively, if the market breaks above the key resistance zone holding at 11170 then it might turn bullish. The upside rally could test 11250-11300 levels. Key support holds at 10900.


Research Report call:

Technical Chart:
nifty-chart
Nifty 9/26/2018 8:58:00 AM
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Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11187 +64.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.91%, while the BSE Sensex 30 index added 0.96%.

The biggest gainers of the session on the Nifty 50 were Housing Development Finance Corporation Ltd, which rose 3.18% or 54.65 points to trade at 1773.35 at the close. Kotak Mahindra Bank Ltd. added 3.02% or 34.65 points to end at 1183.35 and AXIS Bank Ltd was up 2.85% or 17.00 points to 614.35 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 5.60% or 54.95 points to trade at 929.65 in late trade. Bharti Infratel Ltd declined 3.06% or 8.50 points to end at 269.35 and Yes Bank Ltd shed 2.61% or 5.90 points to 219.70.

The breadth, indicating the overall health of the market, 1539 fell and 1032 advanced, while 151 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.34% to 72.665.

 

CASH FLOW ANALYSIS