Nifty

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10723.50 -9.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.29%, while the BSE Sensex 30 index declined 0.32%.

The biggest gainers of the session on the Nifty 50 were Indian Oil Corporation Ltd, which rose 4.02% or 6.65 points to trade at 170.25 at the close. Bharat Petroleum Corp. Ltd. added 3.73% or 15.30 points to end at 421.95 and Hindustan Petroleum Corporation Ltd was up 3.41% or 10.50 points to 315.20 in late trade.

Biggest losers included Mahindra & Mahindra Ltd., which lost 2.36% or 21.30 points to trade at 883.60 in late trade. Titan Company Ltd declined 1.95% or 17.35 points to end at 868.40 and Dr. Reddy’s Laboratories Ltd shed 2.10% or 49.75 points to 2316.40.

The breadth, indicating the overall health of the market, 1717 fell and 795 advanced, while 131 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.03 to 68.065.

CASH FLOW ANALYSIS

FII DII Activity 21st June 2018, In the cash market today, FII’s bought 1126 crores stock whereas DII’s bought 663 crores worth of stock. In the derivative market, FII’s bought 267 crore of Index futures and bought 2025 crores worth of Index options. In the Stock futures segment, FII’s sold 105 crores worth of stock futures and bought 86 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 the bearish term, once the same breaks below a key support holding at 10700. The downside rally could test all the way through 10650-10600 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 10800-10900 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10788.50 -4 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.58%, while the BSE Sensex 30 index added 0.74%.

The biggest gainers of the session on the Nifty 50 were Reliance Industries Ltd, which rose 2.32% or 23.15 points to trade at 1019.25 at the close. Vedanta Ltd added 1.72% or 3.85 points to end at 228.70 and IndusInd Bank Ltd. was up 2.20% or 42.50 points to 1967.40 in late trade.

Biggest losers included UPL Ltd, which lost 3.28% or 22.10 points to trade at 652.25 in late trade. Indian Oil Corporation Ltd declined 1.51% or 2.55 points to end at 165.40 and Hindustan Petroleum Corporation Ltd shed 1.65% or 5.15 points to 307.90.

The breadth, indicating the overall health of the market, 1272 fell and 1262 advanced, while 132 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.10 to 68.105.

CASH FLOW ANALYSIS

FII DII Activity 20th June 2018, In the cash market today, FII’s sold 2442 crores stock whereas DII’s bought 1473 crores worth of stock. In the derivative market, FII’s sold 1247 crore of Index futures and bought 1244 crores worth of Index options. In the Stock futures segment, FII’s bought 574 crores worth of stock futures and bought 120 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bullish in trend near the channel’s support slope line. The market is expected to continue on the bullish term, testing all the way through 10830-10900 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10700 then it might turn bearish once again. The downside rally could test 10650-10600 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10721.50 -5 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.83%, while the BSE Sensex 30 index fell 0.74%.

The biggest gainers of the session on the Nifty 50 were GAIL Ltd, which rose 1.14% or 3.85 points to trade at 342.75 at the close. Bajaj Finance Ltd added 1.17% or 26.30 points to end at 2270.60 and ITC Ltd was up 0.59% or 1.55 points to 266.05 in late trade.

Biggest losers included Vedanta Ltd, which lost 3.51% or 8.15 points to trade at 224.30 in late trade. Indian Oil Corporation Ltd declined 3.05% or 5.30 points to end at 168.60 and Hindustan Petroleum Corporation Ltd shed 3.03% or 9.75 points to 313.00.

The breadth, indicating the overall health of the market, 1878 fell and 676 advanced, while 141 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.37 to 68.295.

CASH FLOW ANALYSIS

FII DII Activity 19th June 2018, In the cash market today, FII’s sold 1324 crores stock whereas DII’s bought 653 crores worth of stock. In the derivative market, FII’s sold 710 crore of Index futures and bought 1695 crores worth of Index options. In the Stock futures segment, FII’s sold 282 crores worth of stock futures and bought 83 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up strongly bearish in trend inside the channel. The market is expected to continue on the bearish term, once the same breaks below a key support holding at 10700. The downside rally could test all the way through 10650-10600 levels in upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish once again. The upside rally could test 10800-10900 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10790.50 -35.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.09%, while the BSE Sensex 30 index climbed 0.06%.

The biggest gainers of the session on the Nifty 50 were Cipla Ltd., which rose 3.74% or 22.00 points to trade at 611.60 at the close. Dr. Reddy’s Laboratories Ltd added 3.54% or 80.45 points to end at 2349.85 and Infosys Ltd was up 3.35% or 41.55 points to 1281.25 in late trade.

Biggest losers included Hindalco Industries Ltd., which lost 3.00% or 7.35 points to trade at 237.40 in late trade. Indian Oil Corporation Ltd declined 2.22% or 3.80 points to end at 167.75 and UltraTech Cement Ltd shed 2.09% or 78.55 points to 3691.65.

The breadth, indicating the overall health of the market, 1487 fell and 1062 advanced, while 142 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.24 to 68.025.

CASH FLOW ANALYSIS

FII DII Activity 15th June 2018, In the cash market today, FII’s sold 1524 crores stock whereas DII’s bought 561 crores worth of stock. In the derivative market, FII’s bought 603 crore of Index futures and bought 3260 crores worth of Index options. In the Stock futures segment, FII’s bought 385 crores worth of stock futures and bought 90 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last session ended up in consolidation but bullish in trend inside the channel. The market is expected to continue on bullish term, testing all the way through 10850-10900 levels in upcoming sessions. Alternatively, the market might also have a chance on giving a small correction over negative momentum. The downside rally could test 10750-10700 levels. Key resistance holds at 10900 and support at 10700.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10792 -23 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.45%, while the BSE Sensex 30 index lost 0.39%.

The biggest gainers of the session on the Nifty 50 were Lupin Ltd, which rose 3.57% or 31.10 points to trade at 899.60 at the close. Sun Pharmaceutical Industries Ltd. added 2.44% or 13.35 points to end at 559.25 and HCL Technologies Ltd was up 1.33% or 12.30 points to 936.95 in late trade.

Biggest losers included Adani Port and Special Economic Zone Ltd, which lost 2.15% or 8.25 points to trade at 374.45 in late trade. Tech Mahindra Ltd declined 2.16% or 15.40 points to end at 698.80 and ICICI Bank Ltd shed 1.84% or 5.35 points to 284.75.

The breadth, indicating the overall health of the market, 1352 fell and 1198 advanced, while 126 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.24 to 67.655.

CASH FLOW ANALYSIS

FII DII Activity 14th June 2018, In the cash market today, FII’s sold 1372 crores stock whereas DII’s bought 576 crores worth of stock. In the derivative market, FII’s sold 1303 crore of Index futures and bought 4133 crores worth of Index options. In the Stock futures segment, FII’s sold 674 crores worth of stock futures and sold 78 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend inside the channel. The market is expected to continue on bearish term, testing all the way through 10750-10700 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 10950-11000 levels. Key support holds at 10700.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10809.50 -35.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.13% to hit a new 3-month high, while the BSE Sensex 30 index gained 0.13%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd, which rose 2.89% or 63.40 points to trade at 2256.30 at the close. Cipla Ltd. added 2.62% or 14.85 points to end at 582.10 and Tata Consultancy Services Ltd. was up 2.41% or 43.00 points to 1824.10 in late trade.

Biggest losers included Tata Steel Ltd, which lost 2.14% or 12.40 points to trade at 567.60 in late trade. Adani Port and Special Economic Zone Ltd declined 1.21% or 4.70 points to end at 382.85 and Zee Entertainment Enterprises Ltd. shed 1.30% or 7.35 points to 557.10.

The breadth, indicating the overall health of the market, 1349 fell and 1243 advanced, while 149 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.04 to 67.634.

CASH FLOW ANALYSIS

FII DII Activity 13th June 2018, In the cash market today, FII’s sold 70 crores stock whereas DII’s bought 486 crores worth of stock. In the derivative market, FII’s sold 297 crore of Index futures and sold 244 crores worth of Index options. In the Stock futures segment, FII’s bought 88 crores worth of stock futures and sold 125 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bearish in trend on a gap up formation inside the channel. The market is expected to continue on the bullish trend, once the same breaks above a key resistance holding at 10900. The upside rally could test all the way through 10950-11000 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 10800-10700 levels. Key support holds at 10700.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10821 -25.25 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.52% to hit a new 3-month high, while the BSE Sensex 30 index climbed 0.59%.

The biggest gainers of the session on the Nifty 50 were Lupin Ltd, which rose 6.38% or 51.65 points to trade at 855.00 at the close. Dr. Reddy’s Laboratories Ltd added 5.37% or 111.80 points to end at 2190.65 and State Bank of India was up 3.65% or 10.00 points to 282.85 in late trade.

Biggest losers included Bharti Airtel Ltd., which lost 2.15% or 8.35 points to trade at 380.65 in late trade. Hindalco Industries Ltd. declined 1.63% or 4.00 points to end at 240.65 and Eicher Motors Ltd. shed 1.50% or 445.30 points to 29208.40.

The breadth, indicating the overall health of the market, 1394 rose and 1184 declined, while 136 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.10 to 67.445.

CASH FLOW ANALYSIS

FII DII Activity 12th June 2018, In the cash market today, FII’s sold 1168 crores stock whereas DII’s bought 1327 crores worth of stock. In the derivative market, FII’s sold 493 crore of Index futures and sold 852 crores worth of Index options. In the Stock futures segment, FII’s bought 445 crores worth of stock futures and sold 115 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bullish in trend after retesting the channel’s support slope line. The market is expected to continue on the bullish trend, once the same breaks above a key resistance holding at 10900. The upside rally could test all the way through 10950-11000 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 10800-10700 levels. Key support holds at 10700.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10784.50 -7 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.18%, while the BSE Sensex 30 index gained 0.11%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 3.17% or 11.95 points to trade at 388.80 at the close. Bajaj Finance Ltd added 2.89% or 63.15 points to end at 2250.30 and UltraTech Cement Ltd was up 1.85% or 68.85 points to 3790.10 in late trade.

Biggest losers included Tata Steel Ltd, which lost 2.26% or 13.55 points to trade at 588.65 in late trade. UPL Ltd declined 2.09% or 14.90 points to end at 699.30 and HCL Technologies Ltd shed 2.02% or 18.75 points to 911.60.

The breadth, indicating the overall health of the market, 1474 rose and 1133 declined, while 129 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.13 to 67.425.

CASH FLOW ANALYSIS

FII DII Activity 11th June 2018, In the cash market today, FII’s sold 1156 crores stock whereas DII’s bought 1062 crores worth of stock. In the derivative market, FII’s bought 472 crore of Index futures and bought 632 crores worth of Index options. In the Stock futures segment, FII’s bought 86 crores worth of stock futures and bought 61 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bullish in trend after retesting the channel’s support slope line. The market is expected to continue on the same trend, testing all the way through 10840-10900 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10700 then it might turn bearish once again. The downside rally could test 10600-10500 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10775.50 +27.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.01%, while the BSE Sensex 30 index lost 0.05%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd., which rose 8.02% or 39.20 points to trade at 528.25 at the close. Lupin Ltd added 5.56% or 42.70 points to end at 810.05 and Dr. Reddy’s Laboratories Ltd was up 4.83% or 95.00 points to 2062.90 in late trade.

Biggest losers included Hindalco Industries Ltd., which lost 2.59% or 6.45 points to trade at 242.15 in late trade. Power Grid Corporation of India Ltd declined 2.39% or 4.85 points to end at 197.90 and Housing Development Finance Corporation Ltd shed 1.53% or 28.55 points to 1840.45.

The breadth, indicating the overall health of the market, 1434 rose and 1127 declined, while 134 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.39 to 67.675.

CASH FLOW ANALYSIS

FII DII Activity 8th June 2018, In the cash market today, FII’s sold 222 crores stock whereas DII’s bought 459 crores worth of stock. In the derivative market, FII’s sold 852 crore of Index futures and bought 2814 crores worth of Index options. In the Stock futures segment, FII’s bought 127 crores worth of stock futures and bought 52 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bullish in trend after retesting the channel’s support slope line. The market is expected to continue on the same trend, testing all the way through 10820-10900 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10700 then it might turn bearish once again. The downside rally could test 10600-10500 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10702.50 -69.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.78%, while the BSE Sensex 30 index climbed 0.81%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd, which rose 3.86% or 22.35 points to trade at 602.10 at the close. Tata Motors Ltd added 3.30% or 9.75 points to end at 305.40 and ICICI Bank Ltd was up 2.47% or 7.00 points to 290.90 in late trade.

Biggest losers included Titan Company Ltd, which lost 1.37% or 12.30 points to trade at 887.15 in late trade. IndusInd Bank Ltd. declined 1.01% or 19.35 points to end at 1900.45 and Eicher Motors Ltd. shed 1.08% or 324.25 points to 29712.40.

The breadth, indicating the overall health of the market, 1900 rose and 716 declined, while 109 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.40 to 67.085.

CASH FLOW ANALYSIS

FII DII Activity 7th June 2018, In the cash market today, FII’s sold 525 crores stock whereas DII’s bought 1197 crores worth of stock. In the derivative market, FII’s bought 100 crore of Index futures and bought 7329 crores worth of Index options. In the Stock futures segment, FII’s bought 694 crores worth of stock futures and sold 73 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bullish in trend after retesting the channel’s support slope line. The market is expected to continue on the same trend, once the same breaks above a key resistance holding at 10800. The upside rally could test all the way through 10850-10900 levels in upcoming sessions. Alternatively, if the resistance holds strong then the market might retest the same and turn bearish. The downside rally could test 10700-10550 levels. Key support holds at 10550.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10737.50 +42.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.86%, while the BSE Sensex 30 index gained 0.79%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 4.50% or 16.40 points to trade at 379.75 at the close. Titan Company Ltd added 4.11% or 35.50 points to end at 899.45 and Tata Motors Ltd was up 3.76% or 10.70 points to 295.65 in late trade.

Biggest losers included Tech Mahindra Ltd, which lost 0.89% or 6.25 points to trade at 691.75 in late trade. Hindustan Petroleum Corporation Ltd declined 1.25% or 3.95 points to end at 310.80 and Asian Paints Ltd. shed 0.85% or 10.80 points to 1262.80.

The breadth, indicating the overall health of the market, 1626 rose and 929 declined, while 115 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.22 to 66.945.

CASH FLOW ANALYSIS

FII DII Activity 6th June 2018, In the cash market today, FII’s sold 81 crores stock whereas DII’s bought 712 crores worth of stock. In the derivative market, FII’s sold 491 crore of Index futures and sold 1629 crores worth of Index options. In the Stock futures segment, FII’s bought 313 crores worth of stock futures and sold 121 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bullish in trend after retesting the channel’s support slope line. The market is expected to continue on the same trend, testing all the way through 10750-10800 levels in upcoming sessions. Alternatively, if the market breaks below the key support holding at 10550 then it might continue in bearish momentum. The downside rally could test 10500-10400 levels. Key resistance holds at 10800.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10584.50 -22.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.33%, while the BSE Sensex 30 index declined 0.31%.

The biggest gainers of the session on the Nifty 50 were Cipla Ltd., which rose 4.11% or 21.40 points to trade at 542.10 at the close. Bajaj Finance Ltd added 1.83% or 37.75 points to end at 2100.60 and Tata Steel Ltd was up 1.05% or 5.95 points to 572.10 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 2.84% or 15.90 points to trade at 544.35 in late trade. Coal India Ltd declined 2.51% or 7.35 points to end at 285.25 and Indiabulls Housing Finance Ltd shed 1.44% or 16.95 points to 1145.00.

The breadth, indicating the overall health of the market, 2106 fell and 498 advanced, while 110 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.15 to 67.156.

CASH FLOW ANALYSIS

FII DII Activity 5th June 2018, In the cash market today, FII’s bought 2354 crores stock whereas DII’s sold 713 crores worth of stock. In the derivative market, FII’s bought 553 crore of Index futures and sold 443 crores worth of Index options. In the Stock futures segment, FII’s sold 1587 crores worth of stock futures and bought 15 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bearish in trend retesting the channel’s support slope line. The market is expected to retest the same once again and turn bullish, testing all the way through 10650-10800 levels in upcoming sessions. Alternatively, if the market breaks below the key support holding at 10550 then it might continue in bearish momentum. The downside rally could test 10500-10400 levels. Key support holds at 10400.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10584.50 -29 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.63%, while the BSE Sensex 30 index declined 0.61%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd, which rose 2.40% or 46.60 points to trade at 1996.00 at the close. Infosys Ltd added 1.65% or 20.20 points to end at 1239.40 and Mahindra & Mahindra Ltd. was up 1.43% or 12.90 points to 914.50 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 4.49% or 55.40 points to trade at 1173.95 in late trade. HDFC Bank Ltd declined 3.05% or 64.40 points to end at 2046.20 and Bharti Airtel Ltd. shed 2.74% or 10.50 points to 372.30.

The breadth, indicating the overall health of the market, 2090 fell and 539 advanced, while 150 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.31 to 67.145.

CASH FLOW ANALYSIS

FII DII Activity 4th June 2018, In the cash market today, FII’s bought 2354 crores stock whereas DII’s sold 713 crores worth of stock. In the derivative market, FII’s bought 553 crore of Index futures and sold 443 crores worth of Index options. In the Stock futures segment, FII’s sold 1587 crores worth of stock futures and bought 15 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend retesting a key resistance zone inside the channel. The market is expected to continue in bearish momentum, testing all the way through 10600-10550 levels in upcoming sessions. Alternatively, the market might also have a chance on giving a correction over positive momentum. Key resistance holds at 10800 and support at 10550.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10718.50 +39 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.37%, while the BSE Sensex 30 index lost 0.27%.

The biggest gainers of the session on the Nifty 50 were Bajaj Auto Ltd, which rose 5.26% or 144.70 points to trade at 2896.55 at the close. Maruti Suzuki India Ltd. added 3.05% or 260.80 points to end at 8808.85 and Bharti Airtel Ltd. was up 2.78% or 10.40 points to 383.70 in late trade.

Biggest losers included Eicher Motors Ltd., which lost 2.86% or 880.65 points to trade at 29868.75 in late trade. GAIL Ltd declined 2.37% or 8.30 points to end at 341.35 and Bajaj Finserv Ltd shed 3.10% or 187.25 points to 5882.20.

The breadth, indicating the overall health of the market, 1934 fell and 674 advanced, while 120 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.42 to 67.155.

CASH FLOW ANALYSIS

FII DII Activity 1st June 2018, In the cash market today, FII’s sold 202 crores stock whereas DII’s bought 337 crores worth of stock. In the derivative market, FII’s sold 241 crore of Index futures and bought 1733 crores worth of Index options. In the Stock futures segment, FII’s bought 152 crores worth of stock futures and bought 59 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bearish in trend retesting a key resistance zone inside the channel. The market is expected to continue in bearish momentum, testing all the way through 10650-10550 levels in upcoming sessions. Alternatively, if the market breaks above the key resistance holding at 10750 then it might turn overall bullish once again. The upside rally could test 10800-10900 levels. Key support holds at 10550.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10733 +17 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 1.15%, while the BSE Sensex 30 index climbed 1.19%.

The biggest gainers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd, which rose 5.10% or 19.10 points to trade at 392.15 at the close. HDFC Bank Ltd added 3.99% or 81.65 points to end at 2139.45 and IndusInd Bank Ltd. was up 4.02% or 75.75 points to 1955.45 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 2.47% or 12.20 points to trade at 480.35 in late trade. Tata Motors Ltd declined 1.99% or 5.75 points to end at 282.50 and Hindalco Industries Ltd. shed 1.32% or 3.15 points to 234.20.

The breadth, indicating the overall health of the market, 1618 fell and 949 advanced, while 128 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.11 to 67.505.

CASH FLOW ANALYSIS

FII DII Activity 31st May 2018, In the cash market today, FII’s sold 15 crores stock whereas DII’s sold 266 crores worth of stock. In the derivative market, FII’s sold 643 crore of Index futures and bought 1248 crores worth of Index options. In the Stock futures segment, FII’s bought 1207 crores worth of stock futures and bought 100 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bullish in trend inside the channel. The market is expected to continue in bullish momentum, testing all the way through 10800-10850 levels in upcoming sessions. Alternatively, if the market breaks below the key support holding at 10650 then it might turn bearish. The downside rally could test 10600-10500 levels. Key resistance holds at 10850.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10657 +25.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.18%, while the BSE Sensex 30 index declined 0.12%.

The biggest gainers of the session on the Nifty 50 were Mahindra & Mahindra Ltd., which rose 2.79% or 24.25 points to trade at 897.95 at the close. Coal India Ltd added 2.27% or 6.40 points to end at 289.05 and Bajaj Finance Ltd was up 2.55% or 52.90 points to 2118.65 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 2.78% or 8.75 points to trade at 306.85 in late trade. Tata Motors Ltd declined 1.93% or 5.70 points to end at 288.90 and Hindalco Industries Ltd. shed 1.98% or 4.80 points to 238.10.

The breadth, indicating the overall health of the market, 1429 fell and 1176 advanced, while 155 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up down 0.55 to 67.460.

CASH FLOW ANALYSIS

FII DII Activity 30th May 2018, In the cash market today, FII’s sold 1286 crores stock whereas DII’s bought 492 crores worth of stock. In the derivative market, FII’s sold 832 crore of Index futures and bought 636 crores worth of Index options. In the Stock futures segment, FII’s bought 270 crores worth of stock futures and bought 136 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bullish in trend inside the channel. The market is expected to continue in bullish momentum, testing all the way through 10650-10700 levels in upcoming sessions. Alternatively, the market might also have a chance on giving a correction over negative momentum. The downside rally could test 10550-10500 levels. Key support holds at 10500.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10554.50 -72 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.52%, while the BSE Sensex 30 index lost 0.61%.

The biggest gainers of the session on the Nifty 50 were Mahindra & Mahindra Ltd., which rose 2.94% or 25.00 points to trade at 870.25 at the close. GAIL Ltd added 2.14% or 7.20 points to end at 342.95 and HCL Technologies Ltd was up 1.62% or 14.50 points to 905.10 in late trade.

Biggest losers included ICICI Bank Ltd, which lost 3.11% or 9.30 points to trade at 289.90 in late trade. State Bank of India declined 3.09% or 8.40 points to end at 264.30 and Zee Entertainment Enterprises Ltd. shed 2.29% or 13.15 points to 557.30.

The breadth, indicating the overall health of the market, 1410 fell and 1190 advanced, while 150 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.60 to 67.835.

CASH FLOW ANALYSIS

FII DII Activity 29th May 2018, In the cash market today, FII’s sold 407 crores stock whereas DII’s bought 578 crores worth of stock. In the derivative market, FII’s sold 336 crore of Index futures and bought 1195 crores worth of Index options. In the Stock futures segment, FII’s bought 406 crores worth of stock futures and sold 80 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bearish in trend retesting the key resistance holding at 10700 inside the channel. The market is expected to continue in bearish momentum, testing all the way through 10580-10500 levels in upcoming sessions. Alternatively, if the market breaks above the key resistance then it might turn bullish once again. The upside rally could test 10800-10900 levels. Key support holds at 10500.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10669 -25 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.79%, while the BSE Sensex 30 index gained 0.69%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd., which rose 7.13% or 33.25 points to trade at 499.70 at the close. Hindustan Petroleum Corporation Ltd added 6.06% or 17.90 points to end at 313.10 and Bharat Petroleum Corp. Ltd. was up 5.64% or 21.45 points to 402.00 in late trade.

Biggest losers included Tech Mahindra Ltd, which lost 3.91% or 27.50 points to trade at 675.25 in late trade. Power Grid Corporation of India Ltd declined 2.43% or 5.15 points to end at 206.95 and HCL Technologies Ltd shed 2.07% or 19.00 points to 894.50.

The breadth, indicating the overall health of the market, 1787 rose and 820 declined, while 152 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.59 to 67.325.

CASH FLOW ANALYSIS

FII DII Activity 28th May 2018, In the cash market today, FII’s sold 795 crores stock whereas DII’s bought 1017 crores worth of stock. In the derivative market, FII’s bought 479 crore of Index futures and bought 480 crores worth of Index options. In the Stock futures segment, FII’s bought 438 crores worth of stock futures and sold 149 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bullish in trend retesting the channel’s support slope line. The market is expected to continue in bullish momentum, once the same breaks above a key resistance holding at 10700. The upside rally could test all the way through 10800-10900 levels in upcoming sessions. Alternatively, if the resistance holds strong then the market might retest the same and turn bearish once again. The downside rally could test 10600-10500 levels. Key support holds at 10500.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10649.50 +10.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.87%, while the BSE Sensex 30 index climbed 0.76%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 4.96% or 55.10 points to trade at 1172.10 at the close. Hindalco Industries Ltd. added 4.70% or 11.00 points to end at 245.50 and Indian Oil Corporation Ltd was up 5.36% or 8.35 points to 163.45 in late trade.

Biggest losers included Coal India Ltd, which lost 0.86% or 2.40 points to trade at 275.60 in late trade. Tech Mahindra Ltd declined 0.89% or 6.30 points to end at 702.75 and Bharti Infratel Ltd shed 1.04% or 3.30 points to 314.85.

The breadth, indicating the overall health of the market, 1582 rose and 973 declined, while 139 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.70 to 67.785.

CASH FLOW ANALYSIS

FII DII Activity 25th May 2018, In the cash market today, FII’s sold 768 crores stock whereas DII’s bought 887 crores worth of stock. In the derivative market, FII’s bought 538 crore of Index futures and bought 447 crores worth of Index options. In the Stock futures segment, FII’s bought 406 crores worth of stock futures and bought 3 crores stock options.

Technical outlook

Nifty 4hr chart has formed “Rising wedge” pattern. The last few sessions ended up bullish in trend after retesting the channel’s support slope line. The market is expected to continue in bullish momentum, once the same breaks above a key resistance holding at 10650. The upside rally could test all the way through 10700-10800 levels in upcoming sessions. Alternatively, if the resistance holds strong then the market might retest the same and turn bearish. The downside rally could test 10550-10400 levels. Key support holds at 10400.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10506 -3.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.80%, while the BSE Sensex 30 index gained 0.93%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 4.34% or 15.50 points to trade at 371.90 at the close. Tata Consultancy Services Ltd. added 3.31% or 115.65 points to end at 3603.70 and Infosys Ltd was up 2.96% or 35.10 points to 1221.00 in late trade.

Biggest losers included Tata Motors Ltd, which lost 6.33% or 19.60 points to trade at 288.65 in late trade. Oil and Natural Gas Corporation Ltd declined 4.39% or 7.70 points to end at 167.70 and GAIL Ltd shed 5.45% or 17.60 points to 309.50.

The breadth, indicating the overall health of the market, 1324 fell and 1229 advanced, while 129 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.10 to 68.355.

CASH FLOW ANALYSIS

FII DII Activity 24th May 2018, In the cash market today, FII’s sold 701 crores stock whereas DII’s bought 1480 crores worth of stock. In the derivative market, FII’s sold 371 crore of Index futures and bought 616 crores worth of Index options. In the Stock futures segment, FII’s bought 389 crores worth of stock futures and bought 55 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bullish in trend retesting a key support holding at 10400, as the prices have already broken out the pattern itself. The market is expected to continue in bullish momentum, testing all the way through 10600-10650 levels in upcoming sessions. Alternatively, if the market breaks below the key support then it might turn bearish. The downside rally could test 10300-10200 levels. Key resistance holds at 10650.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10466 +45 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 1.01% to hit a new 1-month low, while the BSE Sensex 30 index fell 0.88%.

The biggest gainers of the session on the Nifty 50 were State Bank of India, which rose 3.76% or 9.55 points to trade at 263.20 at the close. Tech Mahindra Ltd added 2.13% or 14.60 points to end at 697.45 and Cipla Ltd. was up 1.91% or 10.00 points to 532.40 in late trade.

Biggest losers included Hindustan Petroleum Corporation Ltd, which lost 8.21% or 25.60 points to trade at 287.00 in late trade. Vedanta Ltd declined 7.21% or 19.45 points to end at 252.65 and Tata Steel Ltd shed 6.16% or 35.55 points to 540.05.

The breadth, indicating the overall health of the market, 1495 fell and 1072 advanced, while 113 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.45 to 68.391.

CASH FLOW ANALYSIS

FII DII Activity 23rd May 2018, In the cash market today, FII’s sold 311 crores stock whereas DII’s bought 789 crores worth of stock. In the derivative market, FII’s sold 1740 crore of Index futures and sold 160 crores worth of Index options. In the Stock futures segment, FII’s bought 158 crores worth of stock futures and sold 1.8 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend as the prices have broken out the channel’s support slope line. The market is expected to continue in bearish momentum, once the same breaks below a key support holding at 10400. The downside rally could test all the way through 10350-10300 levels in upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish once again. The upside rally could test 10550-10650 levels. Key resistance holds at 10650.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10525.50 -24 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.19%, while the BSE Sensex 30 index gained 0.10%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd, which rose 5.87% or 111.15 points to trade at 2009.60 at the close. Bajaj Finserv Ltd added 4.84% or 276.95 points to end at 5971.80 and Tata Motors Ltd was up 4.09% or 12.10 points to 307.70 in late trade.

Biggest losers included Indian Oil Corporation Ltd, which lost 3.54% or 5.85 points to trade at 160.50 in late trade. UltraTech Cement Ltd declined 2.63% or 101.20 points to end at 3755.55 and Bharti Infratel Ltd shed 1.76% or 5.65 points to 315.85.

The breadth, indicating the overall health of the market, 1405 rose and 1143 declined, while 134 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.07 to 68.066.

CASH FLOW ANALYSIS

FII DII Activity 22nd May 2018, In the cash market today, FII’s sold 1651 crores stock whereas DII’s bought 1496 crores worth of stock. In the derivative market, FII’s sold 808 crore of Index futures and sold 84 crores worth of Index options. In the Stock futures segment, FII’s sold 20 crores worth of stock futures and sold 46 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bullish in trend as the prices have broken out the channel’s support slope line. The market is expected to continue in bullish momentum, testing all the way through 10600-10680 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10500 then it might turn bearish once again. The downside rally could test 10450-10380 levels. Key resistance holds at 10680.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10530.50 -12 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.75% to hit a new 1-month low, while the BSE Sensex 30 index fell 0.67%.

The biggest gainers of the session on the Nifty 50 were State Bank of India, which rose 2.37% or 5.65 points to trade at 244.45 at the close. Bharat Petroleum Corp. Ltd. added 1.95% or 7.55 points to end at 393.85 and Bharti Infratel Ltd was up 1.15% or 3.65 points to 321.70 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 4.53% or 21.05 points to trade at 443.75 in late trade. Dr. Reddy’s Laboratories Ltd declined 4.64% or 92.00 points to end at 1893.05 and UPL Ltd shed 3.84% or 27.25 points to 682.55.

The breadth, indicating the overall health of the market, 1927 fell and 654 advanced, while 125 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.19 to 68.115.

CASH FLOW ANALYSIS

FII DII Activity 21st May 2018, In the cash market today, FII’s sold 496 crores stock whereas DII’s bought 1190 crores worth of stock. In the derivative market, FII’s sold 673 crore of Index futures and bought 1780 crores worth of Index options. In the Stock futures segment, FII’s sold 520 crores worth of stock futures and bought 60 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend as the prices have broken out the channel’s support slope line. The market is expected to continue in bearish momentum, once the same breaks below a key support holding at 10500. The downside rally could test all the way through 10450-10380 levels in upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish once again. The upside rally could test 10600-10680 levels. Key resistance holds at 10680.

Research Report call:

 Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10624 +9 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.81%, while the BSE Sensex 30 index declined 0.86%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finance Ltd, which rose 3.51% or 72.50 points to trade at 2149.65 at the close. Bajaj Finserv Ltd added 2.81% or 156.75 points to end at 5729.80 and Tech Mahindra Ltd was up 2.97% or 20.10 points to 692.95 in late trade.

Biggest losers included Cipla Ltd., which lost 4.00% or 22.15 points to trade at 533.05 in late trade. Wipro Ltd declined 3.52% or 9.80 points to end at 268.90 and ICICI Bank Ltd shed 2.77% or 8.20 points to 286.10.

The breadth, indicating the overall health of the market, 1807 fell and 734 advanced, while 130 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.34 to 68.045.

CASH FLOW ANALYSIS

FII DII Activity 18th May 2018, In the cash market today, FII’s sold 166 crores stock whereas DII’s bought 149 crores worth of stock. In the derivative market, FII’s sold 1434 crore of Index futures and sold 827 crores worth of Index options. In the Stock futures segment, FII’s sold 240 crores worth of stock futures and sold 61 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend as the prices have broken out the channel’s support slope line. The market is expected to continue in bearish momentum, once the same breaks below a key support holding at 10550. The downside rally could test all the way through 10500-10400 levels in upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish once again. The upside rally could test 10700-10800-10900 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10671 -31.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.54%, while the BSE Sensex 30 index declined 0.67%.

The biggest gainers of the session on the Nifty 50 were Bajaj Finance Ltd, which rose 7.71% or 148.00 points to trade at 2066.50 at the close. Bajaj Finserv Ltd added 4.49% or 238.80 points to end at 5569.25 and Coal India Ltd was up 2.98% or 7.85 points to 271.50 in late trade.

Biggest losers included Hindalco Industries Ltd., which lost 3.15% or 7.55 points to trade at 233.05 in late trade. UPL Ltd declined 2.58% or 18.75 points to end at 707.10 and ITC Ltd shed 2.36% or 6.75 points to 278.95.

The breadth, indicating the overall health of the market, 1355 rose and 1189 declined, while 120 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.00 to 67.725.

CASH FLOW ANALYSIS

FII DII Activity 17th May 2018, In the cash market today, FII’s sold 830 crores stock whereas DII’s bought 428 crores worth of stock. In the derivative market, FII’s sold 29 crore of Index futures and bought 2691 crores worth of Index options. In the Stock futures segment, FII’s sold 243 crores worth of stock futures and bought 33 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend as the prices have broken out the channel’s support slope line. The market is expected to continue in bearish momentum, once the same breaks below a key support holding at 10650. The downside rally could test all the way through 10600-10500 levels in upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish once again. The upside rally could test 10800-10900 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10763 -1 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.56%, while the BSE Sensex 30 index lost 0.44%.

The biggest gainers of the session on the Nifty 50 were Hindustan Unilever Ltd., which rose 3.87% or 58.65 points to trade at 1574.10 at the close. Lupin Ltd added 2.26% or 16.95 points to end at 766.50 and ITC Ltd was up 1.60% or 4.50 points to 285.85 in late trade.

Biggest losers included ICICI Bank Ltd, which lost 3.67% or 11.30 points to trade at 297.25 in late trade. UltraTech Cement Ltd declined 3.15% or 129.30 points to end at 3990.75 and Cipla Ltd. shed 3.40% or 19.60 points to 559.90.

The breadth, indicating the overall health of the market, 1550 fell and 1000 advanced, while 126 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.40 to 67.875.

CASH FLOW ANALYSIS

FII DII Activity 16th May 2018, In the cash market today, FII’s sold 699 crores stock whereas DII’s bought 229 crores worth of stock. In the derivative market, FII’s sold 636 crore of Index futures and bought 2270 crores worth of Index options. In the Stock futures segment, FII’s sold 397 crores worth of stock futures and sold 21 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bearish in trend as the prices have broken out the channel’s support slope line. The market is expected to continue in bearish momentum, once the same breaks below a key support holding at 10700. The downside rally could test all the way through 10650-10600 levels in upcoming sessions. Alternatively, if the support holds strong then the market might retest the same and turn bullish once again. The upside rally could test 10800-10900 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10757 -68.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.04%, while the BSE Sensex 30 index fell 0.04%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd, which rose 2.73% or 16.65 points to trade at 625.95 at the close. Power Grid Corporation of India Ltd added 2.37% or 4.95 points to end at 213.85 and Bajaj Finance Ltd was up 1.90% or 35.50 points to 1901.95 in late trade.

Biggest losers included Tata Motors Ltd, which lost 3.99% or 12.90 points to trade at 310.10 in late trade. Coal India Ltd declined 2.24% or 6.05 points to end at 263.50 and State Bank of India shed 2.78% or 7.05 points to 248.00.

The breadth, indicating the overall health of the market, 1572 fell and 987 advanced, while 130 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.36 to 67.933.

CASH FLOW ANALYSIS

FII DII Activity 15th May 2018, In the cash market today, FII’s sold 518 crores stock whereas DII’s bought 531 crores worth of stock. In the derivative market, FII’s bought 660 crore of Index futures and bought 2867 crores worth of Index options. In the Stock futures segment, FII’s sold 145 crores worth of stock futures and bought 134 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up consolidated near the channel’s support slope line. The market is expected to continue in bullish momentum, testing all the way through 10900-10950 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10700 then it might turn bearish. The downside rally could test 10650-10600 levels. Key resistance holds at 10950.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10783 -26 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.00% to hit a new 3-month high, while the BSE Sensex 30 index added 0.06%.

The biggest gainers of the session on the Nifty 50 were NTPC Ltd, which rose 2.24% or 3.75 points to trade at 171.65 at the close. Dr. Reddy’s Laboratories Ltd added 1.23% or 24.50 points to end at 2017.75 and State Bank of India was up 0.82% or 2.05 points to 253.60 in late trade.

Biggest losers included Titan Company Ltd, which lost 3.49% or 33.40 points to trade at 920.00 in late trade. Zee Entertainment Enterprises Ltd. declined 2.75% or 16.30 points to end at 577.65 and Tata Motors Ltd shed 2.21% or 7.30 points to 323.60.

The breadth, indicating the overall health of the market, 1792 fell and 819 advanced, while 130 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.27 to 67.585.

CASH FLOW ANALYSIS

FII DII Activity 14th May 2018, In the cash market today, FII’s bought 717 crores stock whereas DII’s bought 687 crores worth of stock. In the derivative market, FII’s bought 200 crore of Index futures and sold 1385 crores worth of Index options. In the Stock futures segment, FII’s bought 117 crores worth of stock futures and bought 5 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up consolidated inside the channel. The market is expected to continue in bullish momentum, once the same breaks above the key resistance holding at 10850. The upside rally could test all the way through 10925-11000 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 10750-10650 levels. Key support holds at 10650.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10821 -2 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.84% to hit a new 3-month high, while the BSE Sensex 30 index gained 0.82%.

The biggest gainers of the session on the Nifty 50 were Asian Paints Ltd., which rose 5.53% or 67.35 points to trade at 1286.45 at the close. Hindustan Petroleum Corporation Ltd added 3.52% or 10.85 points to end at 318.75 and Indiabulls Housing Finance Ltd was up 2.38% or 28.80 points to 1239.95 in late trade.

Biggest losers included Bharti Airtel Ltd., which lost 6.32% or 26.05 points to trade at 386.60 in late trade. Sun Pharmaceutical Industries Ltd. declined 5.33% or 26.50 points to end at 472.05 and Titan Company Ltd shed 1.55% or 15.10 points to 956.05.

The breadth, indicating the overall health of the market, 1512 fell and 1078 advanced, while 129 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.25 to 67.275.

CASH FLOW ANALYSIS

FII DII Activity 11th May 2018, In the cash market today, FII’s sold 325 crores stock whereas DII’s bought 1163 crores worth of stock. In the derivative market, FII’s bought 863 crore of Index futures and sold 623 crores worth of Index options. In the Stock futures segment, FII’s bought 560 crores worth of stock futures and sold 149 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bullish in trend after retesting the channel’s support slope line. The market is expected to continue in bullish momentum, testing all the way through 10900-11000 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10700 then it might turn bearish once again. The downside rally could test 10600-10500 levels. Key resistance holds at 11000.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10791 +59.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.23%, while the BSE Sensex 30 index lost 0.21%.

The biggest gainers of the session on the Nifty 50 were Oil and Natural Gas Corporation Ltd, which rose 2.73% or 5.00 points to trade at 188.25 at the close. Bharti Airtel Ltd. added 2.00% or 8.05 points to end at 412.10 and Tech Mahindra Ltd was up 1.33% or 8.70 points to 663.60 in late trade.

Biggest losers included Dr. Reddy’s Laboratories Ltd, which lost 3.47% or 71.65 points to trade at 1989.60 in late trade. Tata Motors Ltd declined 2.47% or 8.45 points to end at 333.60 and Indiabulls Housing Finance Ltd shed 2.54% or 31.35 points to 1208.65.

The breadth, indicating the overall health of the market, 1843 fell and 744 advanced, while 111 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.12 to 67.255.