Nifty

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:

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:

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:

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:

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:

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:

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:

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:

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:

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:

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:

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 1^st 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:

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:

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:

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:

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

FII DII Activity 25th September 2018, FII’s sold 1231 crores stock whereas DII’s bought 2284 crores worth of stock. In the derivative market, FII’s sold 793 crore of Index futures and bought 605 crores worth of Index options. In the Stock futures segment, FII’s bought 648 crores worth of stock futures and bought 84 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 a key support zone inside the channel. The market is expected to continue on bullish momentum, once the same breaks above the key resistance holding at 11100. The upside rally could be testing all the way 11200-11300 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 11000-10900 levels. Key support holds at 10900.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10991 -36 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 1.58% to hit a new 1-month low, while the BSE Sensex 30 index declined 1.46%.

The biggest gainers of the session on the Nifty 50 were Tata Consultancy Services Ltd., which rose 4.53% or 95.30 points to trade at 2198.45 at the close. Coal India Ltd added 2.14% or 5.90 points to end at 281.15 and Infosys Ltd was up 1.84% or 12.95 points to 718.25 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 7.55% or 80.20 points to trade at 981.95 in late trade. Eicher Motors Ltd. declined 6.94% or 1940.20 points to end at 25852.80 and Mahindra & Mahindra Ltd. shed 6.65% or 63.85 points to 896.05.

The breadth, indicating the overall health of the market, 2058 fell and 499 advanced, while 148 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.53% to 72.595.

CASH FLOW ANALYSIS

FII DII Activity 24th September 2018, FII’s sold 523 crores stock whereas DII’s bought 1527 crores worth of stock. In the derivative market, FII’s bought 522 crore of Index futures and bought 212 crores worth of Index options. In the Stock futures segment, FII’s sold 1309 crores worth of stock futures and sold 1 crores stock options.

Technical outlook

Nifty daily chart has formed “Ascending broadening wedge” pattern. The last few sessions ended up bearish in trend near a key support zone inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10900. The downside rally could be testing all the way 10800-10700 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 11000-11100 levels. Key resistance holds at 11100.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11190.50 -30.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.81% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.75%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 3.80% or 10.30 points to trade at 281.20 at the close. Bharat Petroleum Corp. Ltd. added 3.14% or 11.45 points to end at 376.50 and Indian Oil Corporation Ltd was up 2.70% or 4.15 points to 158.15 in late trade.

Biggest losers included Yes Bank Ltd, which lost 29.04% or 92.70 points to trade at 226.50 in late trade. Indiabulls Housing Finance Ltd declined 8.38% or 97.10 points to end at 1062.15 and Bajaj Finance Ltd shed 4.27% or 106.65 points to 2379.40.

The breadth, indicating the overall health of the market, 2046 fell and 546 advanced, while 139 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.66% to 72.195.

CASH FLOW ANALYSIS

FII DII Activity 21st September 2018, FII’s bought 760 crores stock whereas DII’s bought 497 crores worth of stock. In the derivative market, FII’s bought 1564 crore of Index futures and sold 4740 crores worth of Index options. In the Stock futures segment, FII’s bought 615 crores worth of stock futures and sold 285 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up bearish in trend near a key support zone inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11100. The downside rally could be testing all the way 11000-10900 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 11200-11300 levels. Key resistance holds at 11300.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11346 +34 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.39% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.45%.

The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd., which rose 2.80% or 9.95 points to trade at 365.05 at the close. Coal India Ltd added 2.73% or 7.45 points to end at 280.65 and GAIL Ltd was up 2.60% or 9.75 points to 384.55 in late trade.

Biggest losers included Bajaj Finserv Ltd, which lost 3.33% or 217.60 points to trade at 6312.05 in late trade. IndusInd Bank Ltd. declined 2.67% or 49.65 points to end at 1804.65 and Zee Entertainment Enterprises Ltd. shed 2.96% or 13.75 points to 450.80.

The breadth, indicating the overall health of the market, 1659 fell and 908 advanced, while 165 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.19% to 72.575.

CASH FLOW ANALYSIS

FII DII Activity 19th September 2018, In the cash market today, FII’s sold 2184 crores stock whereas DII’s bought 1201 crores worth of stock. In the derivative market, FII’s bought 355 crore of Index futures and bought 1533 crores worth of Index options. In the Stock futures segment, FII’s sold 59 crores worth of stock futures and sold 170 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up bearish in trend near a key support zone inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11200. The downside rally could be testing all the way 11150-11100 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 11400-11500 levels. Key resistance holds at 11500.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11338 +23 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.87% to hit a new 1-month low, while the BSE Sensex 30 index fell 0.78%.

The biggest gainers of the session on the Nifty 50 were Hindustan Unilever Ltd., which rose 3.70% or 59.45 points to trade at 1664.95 at the close. Yes Bank Ltd added 1.55% or 4.95 points to end at 323.55 and Oil and Natural Gas Corporation Ltd was up 1.28% or 2.20 points to 173.90 in late trade.

Biggest losers included State Bank of India, which lost 4.03% or 11.50 points to trade at 273.80 in late trade. Indiabulls Housing Finance Ltd declined 3.55% or 42.60 points to end at 1158.25 and Hindustan Petroleum Corporation Ltd shed 3.46% or 8.95 points to 249.40.

The breadth, indicating the overall health of the market, 1764 fell and 833 advanced, while 156 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.21% to 72.695.

CASH FLOW ANALYSIS

FII DII Activity 18th September 2018, In the cash market today, FII’s sold 1143 crores stock whereas DII’s bought 264 crores worth of stock. In the derivative market, FII’s bought 964 crore of Index futures and bought 1537 crores worth of Index options. In the Stock futures segment, FII’s sold 1161 crores worth of stock futures and sold 45 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up bearish in trend after retesting a key resistance zone inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11250. The downside rally could be testing all the way 11180-11080 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 11400-11500 levels. Key resistance holds at 11500.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11376.50 -13 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 1.19%, while the BSE Sensex 30 index declined 1.33%.

The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd., which rose 2.74% or 9.70 points to trade at 364.00 at the close. Hindustan Petroleum Corporation Ltd added 1.88% or 4.75 points to end at 258.35 and Eicher Motors Ltd. was up 0.95% or 279.95 points to 29663.70 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 2.86% or 19.05 points to trade at 646.20 in late trade. Bharti Infratel Ltd declined 2.82% or 7.75 points to end at 266.85 and Bajaj Finance Ltd shed 2.53% or 67.60 points to 2604.60.

The breadth, indicating the overall health of the market, 1411 fell and 1234 advanced, while 163 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.44% to 72.425.

CASH FLOW ANALYSIS

FII DII Activity 17th September 2018, In the cash market today, FII’s sold 106 crores stock whereas DII’s sold 180 crores worth of stock. In the derivative market, FII’s sold 616 crore of Index futures and sold 1319 crores worth of Index options. In the Stock futures segment, FII’s sold 728 crores worth of stock futures and bought 99 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” 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, once the same breaks below a key support holding at 11350. The downside rally could be testing all the way 11280-11200 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 11500-11550 levels. Key resistance holds at 11550.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11492 -54.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 1.28%, while the BSE Sensex 30 index added 0.99%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 6.98% or 79.90 points to trade at 1227.10 at the close. Bharat Petroleum Corp. Ltd. added 6.31% or 21.10 points to end at 354.50 and Vedanta Ltd was up 5.10% or 11.40 points to 235.60 in late trade.

Biggest losers included Coal India Ltd, which lost 1.35% or 3.80 points to trade at 277.35 in late trade. HCL Technologies Ltd declined 1.52% or 16.50 points to end at 1070.70 and Infosys Ltd shed 1.06% or 7.90 points to 733.70.

The breadth, indicating the overall health of the market, 1754 rose and 808 declined, while 169 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.45% to 71.925.

CASH FLOW ANALYSIS

FII DII Activity 14th September 2018, In the cash market today, FII’s bought 1090 crores stock whereas DII’s bought 115 crores worth of stock. In the derivative market, FII’s bought 458 crore of Index futures and bought 1202 crores worth of Index options. In the Stock futures segment, FII’s bought 220 crores worth of stock futures and bought 85 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up bullish in trend after retesting a key support zone inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11550. The upside rally could be testing all the way 11650-11750 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 11450-11380 levels. Key support holds at 11380.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11489 +44 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.73%, while the BSE Sensex 30 index added 0.81%.

The biggest gainers of the session on the Nifty 50 were Power Grid Corporation of India Ltd, which rose 3.53% or 6.60 points to trade at 193.80 at the close. ITC Ltd added 2.99% or 8.90 points to end at 306.80 and Adani Port and Special Economic Zone Ltd was up 3.00% or 10.95 points to 376.05 in late trade.

Biggest losers included AXIS Bank Ltd, which lost 2.18% or 14.15 points to trade at 635.45 in late trade. Tata Motors Ltd declined 2.08% or 5.55 points to end at 262.40 and Hindustan Petroleum Corporation Ltd shed 1.52% or 3.70 points to 240.40.

The breadth, indicating the overall health of the market, 1498 fell and 1058 advanced, while 177 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.55% to 72.155.

CASH FLOW ANALYSIS

FII DII Activity 12th September 2018, In the cash market today, FII’s sold 1086 crores stock whereas DII’s bought 541 crores worth of stock. In the derivative market, FII’s sold 391 crore of Index futures and bought 819 crores worth of Index options. In the Stock futures segment, FII’s bought 381 crores worth of stock futures and sold 89 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last session ended up bullish in trend but also consolidated after few negative rallies inside the channel. The market is expected to continue on bullish momentum, testing all the way 11450-11500 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 11280 then it might turn bearish once again. The downside rally could test 11200-11100 levels. Key resistance holds at 11500.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11334 +12.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 1.32% to hit a new 1-month low, while the BSE Sensex 30 index fell 1.34%.

The biggest gainers of the session on the Nifty 50 were Coal India Ltd, which rose 1.72% or 4.80 points to trade at 283.10 at the close. Mahindra & Mahindra Ltd. added 1.03% or 9.65 points to end at 943.15 and Infosys Ltd was up 0.39% or 2.85 points to 734.30 in late trade.

Biggest losers included Titan Company Ltd, which lost 4.50% or 38.60 points to trade at 820.75 in late trade. Tata Steel Ltd declined 3.94% or 24.20 points to end at 592.10 and Power Grid Corporation of India Ltd shed 3.21% or 6.20 points to 186.90.

The breadth, indicating the overall health of the market, 1780 fell and 822 advanced, while 144 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.15% to 72.695.

CASH FLOW ANALYSIS

FII DII Activity 11th September 2018, In the cash market today, FII’s sold -1454.36 crores stock whereas DII’s bought 749.62 crores worth of stock.  In the derivative market, FII’s sold -1676.1 crores of Index futures and bought 779.906 crores worth of Index options. In the Stock futures segment, FII’s sold -360.5 crores worth of stock futures and bought 11.75 crores of stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up bearish in trend after near a key support zone inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11250. The downside rally could be testing all the way 11180-11100 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 11400-11500 levels. Key resistance holds at 11500.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11480 -6.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 1.30%, while the BSE Sensex 30 index fell 1.22%.

The biggest gainers of the session on the Nifty 50 were HCL Technologies Ltd, which rose 1.54% or 16.50 points to trade at 1088.70 at the close. AXIS Bank Ltd added 0.92% or 5.95 points to end at 651.75 and Zee Entertainment Enterprises Ltd. was up 0.66% or 3.10 points to 472.75 in late trade.

Biggest losers included Bajaj Finance Ltd, which lost 4.98% or 136.60 points to trade at 2615.65 in late trade. Indiabulls Housing Finance Ltd declined 4.23% or 51.30 points to end at 1161.25 and Sun Pharmaceutical Industries Ltd. shed 3.99% or 26.50 points to 638.00.

The breadth, indicating the overall health of the market, 1639 fell and 1000 advanced, while 163 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.44% to 72.425.

CASH FLOW ANALYSIS

FII DII Activity 10th September 2018, In the cash market today, FII’s sold 841 crores stock whereas DII’s sold 289 crores worth of stock. In the derivative market, FII’s sold 630 crore of Index futures and bought 1516 crores worth of Index options. In the Stock futures segment, FII’s sold 708 crores worth of stock futures and sold 175 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” 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, once the same breaks below a key support holding at 11400. The downside rally could be testing all the way 11300-11200 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 11500-11600 levels. Key resistance holds at 11600.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11584.50 -50.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.45%, while the BSE Sensex 30 index gained 0.38%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd, which rose 5.50% or 174.15 points to trade at 3329.35 at the close. Bajaj Auto Ltd added 5.13% or 142.90 points to end at 2923.55 and Bharti Airtel Ltd. was up 4.57% or 17.00 points to 389.60 in late trade.

Biggest losers included Yes Bank Ltd, which lost 4.58% or 15.55 points to trade at 323.40 in late trade. Sun Pharmaceutical Industries Ltd. declined 1.86% or 12.60 points to end at 664.25 and Adani Port and Special Economic Zone Ltd shed 2.08% or 8.00 points to 377.45.

The breadth, indicating the overall health of the market, 1487 rose and 1126 declined, while 175 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.35% to 71.695.

CASH FLOW ANALYSIS

FII DII Activity 7th September 2018, In the cash market today, FII’s bought 37 crores stock whereas DII’s bought 942 crores worth of stock. In the derivative market, FII’s sold 362 crore of Index futures and bought 109 crores worth of Index options. In the Stock futures segment, FII’s bought 212 crores worth of stock futures and bought 125 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up consolidated but also bullish and retesting near a key support zone inside the channel, which could possibly indicate that Buyers are entering the market. The market is expected to continue on bullish momentum, testing all the way 11650-11750 levels in upcoming sessions. Alternatively, the market might also have a chance on giving a small correction over negative momentum. The correction rally could test 11500-11450 levels. Key resistance holds at 11750 and support at 11450.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11558 +13.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.52%, while the BSE Sensex 30 index climbed 0.59%.

The biggest gainers of the session on the Nifty 50 were Reliance Industries Ltd, which rose 2.77% or 34.00 points to trade at 1261.40 at the close. Cipla Ltd. added 2.31% or 14.95 points to end at 662.10 and Coal India Ltd was up 2.07% or 5.75 points to 283.65 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 2.44% or 11.75 points to trade at 470.40 in late trade. Hindalco Industries Ltd. declined 1.73% or 4.15 points to end at 235.40 and Maruti Suzuki India Ltd. shed 1.59% or 141.60 points to 8759.85.

The breadth, indicating the overall health of the market, 1542 rose and 1082 declined, while 169 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.59% to 71.925.

CASH FLOW ANALYSIS

FII DII Activity 6th September 2018, In the derivative market, FII’s sold -1154.99 crores of Index futures and bought 5884.25 crores worth of Index options. In the Stock futures segment, FII’s bought 123.54 crores worth of stock futures and bought 43.4697 crores of stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up consolidated and retesting near a key support zone inside the channel, which could possibly indicate that Buyers are entering the market. The market is expected to continue on bullish momentum, testing all the way 11650-11750 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 11450 then it might continue in bearish once again. The downside rally could test 11350-11200 levels. Key resistance holds at 11750.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11537.50 +34 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.38%, while the BSE Sensex 30 index fell 0.37%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 2.99% or 10.00 points to trade at 343.80 at the close. Vedanta Ltd added 1.76% or 3.95 points to end at 229.45 and Hindalco Industries Ltd. was up 2.00% or 4.70 points to 239.95 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 4.28% or 12.15 points to trade at 271.35 in late trade. Hindustan Unilever Ltd. declined 2.72% or 44.95 points to end at 1611.70 and Zee Entertainment Enterprises Ltd. shed 3.07% or 15.15 points to 482.45.

The breadth, indicating the overall health of the market, 1655 fell and 999 advanced, while 155 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.56% to 71.736.

CASH FLOW ANALYSIS

FII DII Activity 5th September 2018, In the cash market today, FII’s sold 383 crores stock whereas DII’s bought 176 crores worth of stock. In the derivative market, FII’s sold 2328 crore of Index futures and bought 4399 crores worth of Index options. In the Stock futures segment, FII’s sold 314 crores worth of stock futures and sold 32 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up strongly bearish in trend and retested a key support zone inside the channel, which could possibly revise the trend for an opposite correction. The market is expected to continue on bullish momentum, testing all the way 11620-11750 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 11450 then it might continue in bearish once again. The downside rally could test 11350-11200 levels. Key resistance holds at 11750.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11557 -26 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 fell 0.40%.

The biggest gainers of the session on the Nifty 50 were Infosys Ltd, which rose 2.21% or 15.87 points to trade at 737.15 at the close. HCL Technologies Ltd added 2.56% or 26.85 points to end at 1076.35 and Tech Mahindra Ltd was up 2.73% or 20.35 points to 763.90 in late trade.

Biggest losers included Grasim Industries Ltd, which lost 4.09% or 43.55 points to trade at 1023.15 in late trade. UltraTech Cement Ltd declined 3.72% or 162.55 points to end at 4201.15 and Asian Paints Ltd. shed 3.57% or 48.60 points to 1311.30.

The breadth, indicating the overall health of the market, 1939 fell and 727 advanced, while 128 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.49% to 71.520.

CASH FLOW ANALYSIS

FII DII Activity 4th September 2018, In the cash market today, FII’s bought 32 crores stock whereas DII’s sold 21 crores worth of stock. In the derivative market, FII’s sold 335 crore of Index futures and sold 387 crores worth of Index options. In the Stock futures segment, FII’s sold 583 crores worth of stock futures and sold 40 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up strongly bearish in trend after retesting near the channel’s resistance slope line. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11500. The downside rally could be testing all the way 11430-11350 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 11650-11750 levels. Key resistance holds at 11750.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11626.50 -3.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.84%, while the BSE Sensex 30 index declined 0.86%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd, which rose 3.85% or 96.00 points to trade at 2593.40 at the close. Eicher Motors Ltd. added 2.34% or 655.25 points to end at 28885.85 and Wipro Ltd was up 2.62% or 7.90 points to 308.35 in late trade.

Biggest losers included Bajaj Finance Ltd, which lost 4.78% or 136.50 points to trade at 2724.05 in late trade. Hindustan Unilever Ltd. declined 4.51% or 80.30 points to end at 1699.10 and Power Grid Corporation of India Ltd shed 3.62% or 7.30 points to 194.50.

The breadth, indicating the overall health of the market, 1384 fell and 1297 advanced, while 176 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.30% to 71.085.

CASH FLOW ANALYSIS

FII DII Activity 3rd September 2018, In the cash market today, FII’s sold 21 crores stock whereas DII’s sold 542 crores worth of stock. In the derivative market, FII’s sold 393 crore of Index futures and bought 1596 crores worth of Index options. In the Stock futures segment, FII’s sold 672 crores worth of stock futures and sold 113 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last session ended up strongly bearish in trend after few consolidations near the channel’s resistance slope line. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 11550. The downside rally could be testing all the way 11500-11400 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 11620-11680 levels. Key resistance holds at 11750.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11749.50 +20.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.03%, while the BSE Sensex 30 index declined 0.12%.

The biggest gainers of the session on the Nifty 50 were Dr. Reddy’s Laboratories Ltd, which rose 4.70% or 111.85 points to trade at 2492.00 at the close. Tech Mahindra Ltd added 4.66% or 34.10 points to end at 765.80 and Lupin Ltd was up 4.24% or 37.85 points to 931.45 in late trade.

Biggest losers included Yes Bank Ltd, which lost 5.04% or 18.25 points to trade at 343.50 in late trade. Bajaj Finserv Ltd declined 2.63% or 182.10 points to end at 6747.80 and Reliance Industries Ltd shed 2.57% or 32.80 points to 1241.65.

The breadth, indicating the overall health of the market, 1351 rose and 1180 declined, while 164 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.22% to 70.910.

CASH FLOW ANALYSIS

FII DII Activity 31st August 2018, In the cash market today, FII’s sold 212 crores stock whereas DII’s bought 871 crores worth of stock. In the derivative market, FII’s sold 1109 crore of Index futures and bought 1606 crores worth of Index options. In the Stock futures segment, FII’s sold 985 crores worth of stock futures and bought 17 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up consolidated after retesting near the channel’s resistance slope line. The market is expected to continue on bullish momentum, testing all the way to 11750 and if break above then could test more up to 11800 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 11630 then it might turn bearish once again. The downside rally could test 11580-11530 levels. Key resistance holds at 11750.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11724 -12 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.13%, while the BSE Sensex 30 index declined 0.08%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd., which rose 3.31% or 20.55 points to trade at 639.95 at the close. GAIL Ltd added 2.05% or 7.55 points to end at 376.20 and Tata Steel Ltd was up 2.37% or 14.10 points to 608.35 in late trade.

Biggest losers included Eicher Motors Ltd., which lost 2.04% or 573.75 points to trade at 27602.15 in late trade. Bajaj Finance Ltd declined 1.93% or 57.50 points to end at 2926.75 and Hindustan Petroleum Corporation Ltd shed 1.79% or 4.60 points to 253.05.

The breadth, indicating the overall health of the market, 1400 rose and 1213 declined, while 154 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.31 to 70.825.

CASH FLOW ANALYSIS

FII DII Activity 30th August 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 896 crore of Index futures and bought 793 crores worth of Index options. In the Stock futures segment, FII’s bought 801 crores worth of stock futures and bought 81 crores stock options.

 Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up bearish in trend retesting near the channel’s resistance slope line. The market is expected to continue on bearish momentum, testing all the way through 11600-11500 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11750 then it might turn bullish once again. The upside rally could test 11800-11900 levels. Key support holds at 11500.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11759 +12.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.40%, while the BSE Sensex 30 index declined 0.45%.

The biggest gainers of the session on the Nifty 50 were UPL Ltd, which rose 4.87% or 31.85 points to trade at 680.00 at the close. Bajaj Finance Ltd added 1.96% or 57.40 points to end at 2985.50 and State Bank of India was up 1.47% or 4.50 points to 309.70 in late trade.

Biggest losers included Coal India Ltd, which lost 2.85% or 8.40 points to trade at 286.30 in late trade. Power Grid Corporation of India Ltd declined 2.08% or 4.10 points to end at 193.05 and Reliance Industries Ltd shed 1.90% or 25.10 points to 1294.20.

The breadth, indicating the overall health of the market, 1387 fell and 1231 advanced, while 152 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.43% to 70.565.

CASH FLOW ANALYSIS

FII DII Activity 29th August 2018, In the cash market today, FII’s sold 1415 crores stock whereas DII’s bought 1114 crores worth of stock. In the derivative market, FII’s sold 995 crore of Index futures and sold 695 crores worth of Index options. In the Stock futures segment, FII’s bought 723 crores worth of stock futures and sold 159 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up bearish in trend retesting near the channel’s resistance slope line. The market is expected to continue on bearish momentum, testing all the way through 11600-11500 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11750 then it might turn bullish once again. The upside rally could test 11800-11900 levels. Key support holds at 11500.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11787 -15.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.40% to hit a new all-time high, while the BSE Sensex 30 index climbed 0.52%.

The biggest gainers of the session on the Nifty 50 were Hindalco Industries Ltd., which rose 4.17% or 9.60 points to trade at 239.00 at the close. Adani Port and Special Economic Zone Ltd added 2.34% or 8.85 points to end at 386.95 and Reliance Industries Ltd was up 2.40% or 31.00 points to 1319.00 in late trade.

Biggest losers included GAIL Ltd, which lost 4.83% or 18.50 points to trade at 364.25 in late trade. Yes Bank Ltd declined 3.24% or 12.40 points to end at 370.60 and Hindustan Petroleum Corporation Ltd shed 1.89% or 4.95 points to 256.90.

The breadth, indicating the overall health of the market, 1472 fell and 1134 advanced, while 168 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.23 to 70.118.

CASH FLOW ANALYSIS

FII DII Activity 28th August 2018, In the cash market today, FII’s sold 166 crores stock whereas DII’s sold 199 crores worth of stock. In the derivative market, FII’s bought 284 crore of Index futures and sold 512 crores worth of Index options. In the Stock futures segment, FII’s bought 184 crores worth of stock futures and sold 315 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last session ended up consolidated near the channel’s resistance slope line. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11750. The upside rally could be testing all the way through 11800-11900 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 11650-11500 levels. Key support holds at 11500.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11794.50 +29.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 1.17% to hit a new all-time high, while the BSE Sensex 30 index added 1.16%.

The biggest gainers of the session on the Nifty 50 were Hindalco Industries Ltd., which rose 3.65% or 8.10 points to trade at 230.25 at the close. Power Grid Corporation of India Ltd added 3.35% or 6.40 points to end at 197.80 and ICICI Bank Ltd was up 2.92% or 9.65 points to 339.90 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 1.32% or 8.30 points to trade at 621.80 in late trade. Bajaj Finserv Ltd declined 0.29% or 20.20 points to end at 7030.15 and Dr. Reddy’s Laboratories Ltd shed 0.10% or 2.45 points to 2443.10.

The breadth, indicating the overall health of the market, 1386 rose and 1247 declined, while 185 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.52% to 70.138.

CASH FLOW ANALYSIS

FII DII Activity 27th August 2018, In the cash market today, FII’s bought 252 crores stock whereas DII’s bought 1117 crores worth of stock. In the derivative market, FII’s bought 657 crore of Index futures and sold 528 crores worth of Index options. In the Stock futures segment, FII’s bought 857 crores worth of stock futures and bought 80 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last session ended up bullish in trend retesting the channel’s resistance slope line. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11700. The upside rally could be testing all the way through 11800-11900 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 11600-11500 levels. Key support holds at 11500.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11652 +36.50 points on indicating gap up opening for the NSE.

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

The biggest gainers of the session on the Nifty 50 were Vedanta Ltd, which rose 4.31% or 9.25 points to trade at 224.05 at the close. Oil and Natural Gas Corporation Ltd added 1.57% or 2.70 points to end at 174.75 and Grasim Industries Ltd was up 1.41% or 14.75 points to 1060.30 in late trade.

Biggest losers included Yes Bank Ltd, which lost 3.71% or 14.40 points to trade at 374.20 in late trade. Titan Company Ltd declined 2.91% or 26.55 points to end at 885.35 and Hero MotoCorp Ltd shed 1.97% or 64.75 points to 3212.30.

The breadth, indicating the overall health of the market, 1478 fell and 1120 advanced, while 173 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.47% to 69.955.

CASH FLOW ANALYSIS

FII DII Activity 24th August 2018, In the cash market today, FII’s sold 75 crores stock whereas DII’s bought 904 crores worth of stock. In the derivative market, FII’s sold 47 crore of Index futures and sold 2 crores worth of Index options. In the Stock futures segment, FII’s sold 222 crores worth of stock futures and sold 134 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up bearish in trend after few retesting the channel’s resistance slope line. The market is expected to continue on bearish momentum, be testing all the way through 11480-11350 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11630 then it might turn bullish once again. The upside rally could test 11700-11800 levels. Key support holds at 11350.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11576.50 -28 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.10% to hit a new all-time high, while the BSE Sensex 30 index gained 0.13%.

The biggest gainers of the session on the Nifty 50 were Tech Mahindra Ltd, which rose 2.75% or 19.50 points to trade at 726.65 at the close. Larsen & Toubro Ltd added 2.07% or 27.40 points to end at 1352.05 and Dr. Reddy’s Laboratories Ltd was up 2.36% or 56.95 points to 2463.60 in late trade.

Biggest losers included Tata Motors Ltd, which lost 4.56% or 12.25 points to trade at 256.90 in late trade. Bharat Petroleum Corp. Ltd. declined 2.78% or 10.25 points to end at 357.75 and Indian Oil Corporation Ltd shed 2.57% or 4.05 points to 153.40.

The breadth, indicating the overall health of the market, 1458 fell and 1158 advanced, while 167 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.52% to 70.155.

CASH FLOW ANALYSIS

FII DII Activity 23rd August 2018, In the cash market today, FII’s bought 433 crores stock whereas DII’s bought 142 crores worth of stock. In the derivative market, FII’s bought 358 crore of Index futures and bought 947 crores worth of Index options. In the Stock futures segment, FII’s bought 5 crores worth of stock futures and sold 29 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last session ended up bearish in trend retesting near the channel’s resistance slope line. The market is expected to continue on bearish momentum, testing all the way through 11500-11400-11350 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 11630, then it might turn bullish once again. The upside rally could test 11700-11800 levels. Key support holds at 11350.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11618.50 -9.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.17% to hit a new all-time high, while the BSE Sensex 30 index climbed 0.02%.

The biggest gainers of the session on the Nifty 50 were UPL Ltd, which rose 4.41% or 27.30 points to trade at 646.20 at the close. Tech Mahindra Ltd added 3.12% or 21.45 points to end at 709.40 and Coal India Ltd was up 2.59% or 7.35 points to 291.40 in late trade.

Biggest losers included Tata Steel Ltd, which lost 2.88% or 17.25 points to trade at 582.15 in late trade. Bharat Petroleum Corp. Ltd. declined 1.92% or 7.20 points to end at 368.75 and Hindustan Unilever Ltd. shed 1.38% or 24.50 points to 1752.50.

The breadth, indicating the overall health of the market, 0 fell and 0 advanced on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.10% to 69.885.

CASH FLOW ANALYSIS

FII DII Activity 21st August 2018, In the cash market today, FII’s bought 254 crores stock whereas DII’s bought 197 crores worth of stock. In the derivative market, FII’s sold 368 crore of Index futures and bought 364 crores worth of Index options. In the Stock futures segment, FII’s sold 99 crores worth of stock futures and bought 71 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up bullish in trend retesting near the channel’s resistance slope line. The market is expected to continue on bullish momentum, once the same breaks above a key resistance zone holding at 11600. The upside rally could be testing all the way through 11650-11700 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 11450-11350 levels. Key support holds at 11350.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11583 -1 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.71% to hit a new all-time high, while the BSE Sensex 30 index gained 0.87%.

The biggest gainers of the session on the Nifty 50 were Larsen & Toubro Ltd, which rose 6.68% or 82.90 points to trade at 1323.70 at the close. Tata Motors Ltd added 4.76% or 12.30 points to end at 270.10 and Oil and Natural Gas Corporation Ltd was up 3.65% or 5.95 points to 168.70 in late trade.

Biggest losers included Infosys Ltd, which lost 2.95% or 42.15 points to trade at 1384.25 in late trade. GAIL Ltd declined 2.36% or 9.15 points to end at 379.05 and Titan Company Ltd shed 1.97% or 18.55 points to 921.70.

The breadth, indicating the overall health of the market, 1417 rose and 1249 declined, while 174 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.01 to 69.790.

CASH FLOW ANALYSIS

FII DII Activity 20th August 2018, In the cash market today, FII’s sold 483 crores stock whereas DII’s bought 593 crores worth of stock. In the derivative market, FII’s sold 118 crore of Index futures and sold 393 crores worth of Index options. In the Stock futures segment, FII’s bought 603 crores worth of stock futures and sold 110 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up bullish in trend near the channel’s resistance slope line. The market is expected to continue on bullish momentum, once the same breaks above a key resistance zone holding at 11570. The upside rally could be testing all the way through 11600-11650 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 11480-11350 levels. Key support holds at 11350.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11519 +41 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.75% to hit a new all-time high, while the BSE Sensex 30 index climbed 0.75%.

The biggest gainers of the session on the Nifty 50 were Grasim Industries Ltd, which rose 4.33% or 43.30 points to trade at 1045.85 at the close. Yes Bank Ltd added 4.31% or 16.30 points to end at 393.20 and Lupin Ltd was up 3.55% or 30.20 points to 881.25 in late trade.

Biggest losers included GAIL Ltd, which lost 1.37% or 5.40 points to trade at 387.70 in late trade. Hero MotoCorp Ltd declined 0.99% or 32.65 points to end at 3242.30 and Eicher Motors Ltd. shed 1.06% or 304.85 points to 28476.15.

The breadth, indicating the overall health of the market, 1572 rose and 1045 declined, while 148 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.32 to 70.240.

CASH FLOW ANALYSIS

FII DII Activity 17th August 2018, In the cash market today, FII’s bought 147 crores stock whereas DII’s bought 157 crores worth of stock. In the derivative market, FII’s sold 695 crore of Index futures and bought 1914 crores worth of Index options. In the Stock futures segment, FII’s bought 855 crores worth of stock futures and sold 212 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last session 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 zone holding at 10500. The upside rally could be testing all the way through 11550-11600 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 11420-11350 levels. Key support holds at 11350.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11424 +2 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.44%, while the BSE Sensex 30 index fell 0.50%.

The biggest gainers of the session on the Nifty 50 were GAIL Ltd, which rose 3.61% or 13.70 points to trade at 393.80 at the close. Dr. Reddy’s Laboratories Ltd added 3.47% or 79.15 points to end at 2353.45 and Sun Pharmaceutical Industries Ltd. was up 3.19% or 19.20 points to 619.70 in late trade.

Biggest losers included Kotak Mahindra Bank Ltd., which lost 3.71% or 48.00 points to trade at 1245.40 in late trade. Vedanta Ltd declined 2.84% or 6.10 points to end at 208.80 and Zee Entertainment Enterprises Ltd. shed 2.59% or 13.30 points to 500.45.

The breadth, indicating the overall health of the market, 1506 fell and 1120 advanced, while 128 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.01 to 70.266.

CASH FLOW ANALYSIS

FII DII Activity 16th August 2018, In the cash market today, FII’s sold 825 crores stock whereas DII’s bought 133 crores worth of stock. In the derivative market, FII’s sold 432 crore of Index futures and bought 2534 crores worth of Index options. In the Stock futures segment, FII’s sold 20 crores worth of stock futures and sold 134 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last session ended up forming an “Inverse Hammer” candlestick pattern, which could be read as a trend reversal one. The market is expected to continue on bullish momentum, testing all the way through 11450-11500 levels in upcoming sessions. Alternatively, if the market breaks below the key support holding at 11350 then it might turn bearish once again. The downside rally could test 11300-11200 levels. Key resistance holds at 11500.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11401.50 -32.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.70%, while the BSE Sensex 30 index climbed 0.55%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd., which rose 7.39% or 41.70 points to trade at 601.80 at the close. Yes Bank Ltd added 3.45% or 12.80 points to end at 382.50 and Lupin Ltd was up 3.30% or 26.80 points to 836.75 in late trade.

Biggest losers included UPL Ltd, which lost 2.64% or 16.50 points to trade at 610.45 in late trade. Hero MotoCorp Ltd declined 1.26% or 41.80 points to end at 3266.35 and Larsen & Toubro Ltd shed 1.22% or 15.45 points to 1253.25.

The breadth, indicating the overall health of the market, 1339 fell and 1260 advanced, while 138 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.09 to 69.895.

CASH FLOW ANALYSIS

FII DII Activity 14th August 2018, In the cash market today, FII’s sold 378 crores stock whereas DII’s bought 391 crores worth of stock. In the derivative market, FII’s sold 710 crore of Index futures and bought 1133 crores worth of Index options. In the Stock futures segment, FII’s bought 64 crores worth of stock futures and bought 45 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last session ended up bullish in trend after retesting near a key support zone inside the channel. The market is expected to continue on bullish momentum, testing all the way through 11500 and furthermore levels in upcoming sessions. Alternatively, if the market breaks below the key support which is holding at 11350 then it might turn bearish once again. The downside rally could test 11300-11200 levels. Key resistance holds at 11500.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11398 +8 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.65%, while the BSE Sensex 30 index declined 0.59%.

The biggest gainers of the session on the Nifty 50 were GAIL Ltd, which rose 3.32% or 12.05 points to trade at 375.45 at the close. Tech Mahindra Ltd added 2.64% or 17.05 points to end at 659.95 and Sun Pharmaceutical Industries Ltd. was up 1.95% or 10.80 points to 563.90 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd., which lost 5.75% or 23.10 points to trade at 379.70 in late trade. Hindustan Petroleum Corporation Ltd declined 4.77% or 13.65 points to end at 273.10 and Indiabulls Housing Finance Ltd shed 3.92% or 51.90 points to 1276.50.

The breadth, indicating the overall health of the market, 1698 fell and 918 advanced, while 143 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 1.14% to 69.885.

CASH FLOW ANALYSIS

FII DII Activity 13th August 2018, In the cash market today, FII’s sold 971 crores stock whereas DII’s bought 216 crores worth of stock. In the derivative market, FII’s sold 722 crore of Index futures and sold 403 crores worth of Index options. In the Stock futures segment, FII’s bought 478 crores worth of stock futures and sold 79 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last session ended up forming an “Inverse hammer” candlestick pattern in a gap down formation, which can be read as a trend reversal one. The market is expected to continue on bullish momentum for a while to fill up the gap, testing all the way through 11420-11500 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 11350 then it might continue in bearish momentum. The downside rally could test 11280-11200 levels. Key resistance holds at 11500.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11378 -53.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.36%, while the BSE Sensex 30 index fell 0.41%.

The biggest gainers of the session on the Nifty 50 were Eicher Motors Ltd., which rose 5.15% or 1414.25 points to trade at 28997.70 at the close. Bharat Petroleum Corp. Ltd. added 3.10% or 12.05 points to end at 401.60 and Hindustan Petroleum Corporation Ltd was up 1.69% or 4.75 points to 286.15 in late trade.

Biggest losers included State Bank of India, which lost 4.63% or 14.70 points to trade at 304.45 in late trade. GAIL Ltd declined 3.00% or 11.25 points to end at 362.95 and Sun Pharmaceutical Industries Ltd. shed 2.97% or 16.95 points to 554.00.

The breadth, indicating the overall health of the market, 1624 fell and 1009 advanced, while 121 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.02 to 68.853.

CASH FLOW ANALYSIS

FII DII Activity 10th August 2018, In the cash market today, FII’s sold 510 crores stock whereas DII’s bought 457 crores worth of stock. In the derivative market, FII’s sold 223 crore of Index futures and bought 179 crores worth of Index options. In the Stock futures segment, FII’s bought 104 crores worth of stock futures and bought 193 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last few sessions ended up bearish in trend retesting near the channel’s resistance slope line. The market is expected to continue on bearish momentum, testing all the way through 11350-11200 levels in upcoming sessions. Alternatively, if the market breaks above the key resistance zone holding near 11500 then it might turn bullish once again. The upside rally could test 11600-11700 levels. Key support holds at 11200.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11483.50 -4.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.18% to hit a new all-time high, while the BSE Sensex 30 index climbed 0.36%.

The biggest gainers of the session on the Nifty 50 were ICICI Bank Ltd, which rose 4.17% or 13.30 points to trade at 333.00 at the close. AXIS Bank Ltd added 4.20% or 25.05 points to end at 621.05 and Hindalco Industries Ltd. was up 3.40% or 7.50 points to 227.45 in late trade.

Biggest losers included Bharti Airtel Ltd., which lost 4.75% or 18.30 points to trade at 367.05 in late trade. Cipla Ltd. declined 1.82% or 11.50 points to end at 619.15 and Titan Company Ltd shed 2.14% or 20.05 points to 915.30.

The breadth, indicating the overall health of the market, 1318 fell and 1281 advanced, while 132 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.20 to 68.615.

CASH FLOW ANALYSIS

FII DII Activity 9th August 2018, In the cash market today, FII’s bought 370 crores stock whereas DII’s sold 85 crores worth of stock. In the derivative market, FII’s sold 282 crore of Index futures and bought 600 crores worth of Index options. In the Stock futures segment, FII’s bought 558 crores worth of stock futures and sold 110 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising channel” pattern. The last session ended up bearish in trend retesting near the channel’s resistance slope line. The market is expected to continue on bearish momentum, testing all the way through 11350-11200 levels in upcoming sessions. Alternatively, if the market breaks above the key resistance zone holding near 11500 then it might turn bullish once again. The upside rally could test 11600-11700 levels. Key support holds at 11200.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11482 +4 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.53% to hit a new all-time high, while the BSE Sensex 30 index gained 0.59%.

The biggest gainers of the session on the Nifty 50 were Oil and Natural Gas Corporation Ltd, which rose 3.13% or 5.25 points to trade at 172.50 at the close. Reliance Industries Ltd added 3.09% or 36.60 points to end at 1217.70 and Bajaj Finance Ltd was up 2.28% or 62.60 points to 2813.15 in late trade.

Biggest losers included Lupin Ltd, which lost 5.13% or 44.45 points to trade at 825.55 in late trade. Maruti Suzuki India Ltd. declined 2.14% or 201.50 points to end at 9207.40 and Hindustan Petroleum Corporation Ltd shed 1.63% or 4.70 points to 282.70.

The breadth, indicating the overall health of the market, 1392 fell and 1256 advanced, while 118 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.04 to 68.635.

CASH FLOW ANALYSIS

FII DII Activity 8th August 2018, In the cash market today, FII’s bought 568 crores stock whereas DII’s bought 31 crores worth of stock. In the derivative market, FII’s bought 658 crore of Index futures and sold 632 crores worth of Index options. In the Stock futures segment, FII’s bought 84 crores worth of stock futures and sold 159 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bullish in trend retesting near the channel’s resistance slope line. The market is expected to continue on the bullish momentum, once the same breaks above a key resistance holding at 11470. The upside rally could be testing all the way through 11550-11600 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bearish. The downside rally could test 11350-11200 levels. Key support holds at 11200.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11433 +6.50 points on indicating gap up opening for the NSE.

Indian shares ended nearly flat on Tuesday, as gains in material stocks were offset by losses in energy and industrials.

The benchmark BSE index. BSESN closed 0.07 percent lower to 37,665.80, while th