Nifty

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10726 -41 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 rose 1.24%, while the BSE Sensex 30 index gained 1.14%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 6.14% or 37.70 points to trade at 645.20 at the close. Vedanta Ltd added 4.64% or 7.10 points to end at 160.25 and Adani Port and Special Economic Zone Ltd was up 4.43% or 15.05 points to 354.75 in late trade.

Biggest losers included Hero MotoCorp Ltd, which lost 0.30% or 7.85 points to trade at 2623.75 in late trade. Bajaj Auto Ltd added 0.24% or 6.65 points to end at 2774.70 and Dr. Reddy’s Laboratories Ltd shed 0.35% or 8.90 points to 2525.15.

The breadth, indicating the overall health of the market, 1442 rose and 1073 declined, while 142 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.24% to 71.121.

CASH FLOW ANALYSIS

FII DII Activity 20th February 2019, In the cash market today, FII’s bought 713 crores stock whereas DII’s bought 113 crores worth of stock. In the derivative market, FII’s bought 746 crore of Index futures and bought 2206 crores worth of Index options. In the Stock futures segment, FII’s bought 266 crores worth of stock futures and sold 111 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum based on the current price action, once the same breaks above a key resistance holding at 10800. The upside rally could be testing all the way up to 10900-11000 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10650-10560 levels. Key support holds at 10560.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10670.50 +57 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.34% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.41%.

The biggest gainers of the session on the Nifty 50 were Vedanta Ltd, which rose 3.34% or 4.95 points to trade at 153.10 at the close. Grasim Industries Ltd added 3.02% or 21.15 points to end at 718.35 and Bharat Petroleum Corp. Ltd. was up 2.75% or 9.00 points to 335.25 in late trade.

Biggest losers included Tata Consultancy Services Ltd., which lost 3.18% or 62.70 points to trade at 1904.80 in late trade. Wipro Ltd declined 3.26% or 12.25 points to end at 363.45 and NTPC Ltd shed 2.44% or 3.35 points to 133.70.

The breadth, indicating the overall health of the market, 1321 rose and 1140 declined, while 117 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.08% to 71.465.

CASH FLOW ANALYSIS

FII DII Activity 19th February 2019, In the cash market today, FII’s sold 813 crores stock whereas DII’s bought 1163 crores worth of stock. In the derivative market, FII’s bought 774 crore of Index futures and sold 155 crores worth of Index options. In the Stock futures segment, FII’s bought 163 crores worth of stock futures and sold 137 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections and retesting near the channel’s support slope line. The market is expected to continue on bullish momentum by retesting the same based on the current price action, testing all the way up to 10700-10800 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10550 then it might turn bearish once again. The downside rally could test up to 10500-10400 levels. Key resistance holds at 10800.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10676 +23 points on indicating gap up opening for the NSE.

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

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 3.13% or 9.60 points to trade at 317.05 at the close. Zee Entertainment Enterprises Ltd. added 1.51% or 6.50 points to end at 438.95 and Oil and Natural Gas Corporation Ltd was up 1.59% or 2.15 points to 137.10 in late trade.

Biggest losers included Tata Consultancy Services Ltd., which lost 2.96% or 60.10 points to trade at 1970.30 in late trade. Yes Bank Ltd declined 2.28% or 5.00 points to end at 213.55 and Indiabulls Housing Finance Ltd shed 3.50% or 22.35 points to 623.50.

The breadth, indicating the overall health of the market, 1643 fell and 845 advanced, while 148 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.02% to 71.345.

CASH FLOW ANALYSIS

FII DII Activity 18th February 2019, In the cash market today, FII’s sold 1239 crores stock whereas DII’s bought 2336 crores worth of stock. In the derivative market, FII’s sold 433 crore of Index futures and sold 487 crores worth of Index options. In the Stock futures segment, FII’s sold 71 crores worth of stock futures and sold 96 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 10600. The downside rally could be testing all the way up to 10500-10400 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10700-10800 levels. Key resistance holds at 10800.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10778 +23.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.20%, while the BSE Sensex 30 index fell 0.19%.

The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd., which rose 3.83% or 12.10 points to trade at 327.85 at the close. NTPC Ltd added 3.05% or 4.00 points to end at 136.25 and Power Grid Corporation of India Ltd was up 2.77% or 4.85 points to 181.50 in late trade.

Biggest losers included Lupin Ltd, which lost 4.47% or 36.20 points to trade at 774.75 in late trade. Sun Pharmaceutical Industries Ltd. declined 4.06% or 17.90 points to end at 422.90 and Dr. Reddy’s Laboratories Ltd shed 4.17% or 111.30 points to 2563.35.

The breadth, indicating the overall health of the market, 1549 fell and 887 advanced, while 130 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.28% to 71.216.

CASH FLOW ANALYSIS

FII DII Activity 15th February 2019, In the cash market today, FII’s sold 966 crores stock whereas DII’s bought 853 crores worth of stock. In the derivative market, FII’s sold 1054 crore of Index futures and sold 618 crores worth of Index options. In the Stock futures segment, FII’s bought 131 crores worth of stock futures and bought 427 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 10700. The downside rally could be testing all the way up to 10600-10500 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10800-10900 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10795 +2 points on indicating gap up opening for the NSE.

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

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 31.37% or 53.15 points to trade at 221.25 at the close. Zee Entertainment Enterprises Ltd. added 6.57% or 26.80 points to end at 433.45 and Indiabulls Housing Finance Ltd was up 6.65% or 41.15 points to 656.60 in late trade.

Biggest losers included Bharat Petroleum Corp. Ltd., which lost 3.61% or 11.90 points to trade at 315.65 in late trade. Indian Oil Corporation Ltd declined 3.85% or 5.00 points to end at 124.65 and Hindalco Industries Ltd. shed 3.10% or 6.15 points to 191.75.

The breadth, indicating the overall health of the market, 1316 fell and 1135 advanced, while 118 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.29% to 71.071.

CASH FLOW ANALYSIS

FII DII Activity 14th February 2019, In the cash market today, FII’s sold 250 crores stock whereas DII’s bought 1225 crores worth of stock. In the derivative market, FII’s sold 3600 crore of Index futures and bought 2029 crores worth of Index options. In the Stock futures segment, FII’s sold 499 crores worth of stock futures and bought 325 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 10700. The downside rally could be testing all the way up to 10600-10500 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 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 10766 -37 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.35%, while the BSE Sensex 30 index fell 0.33%.

The biggest gainers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd, which rose 4.82% or 15.75 points to trade at 341.65 at the close. Indiabulls Housing Finance Ltd added 3.61% or 21.60 points to end at 618.90 and UPL Ltd was up 2.30% or 18.30 points to 817.20 in late trade.

Biggest losers included Eicher Motors Ltd., which lost 4.82% or 1019.40 points to trade at 20158.70 in late trade. Hindustan Petroleum Corporation Ltd declined 3.87% or 9.05 points to end at 225.10 and Indian Oil Corporation Ltd shed 3.90% or 5.25 points to 129.90.

The breadth, indicating the overall health of the market, 1496 fell and 958 advanced, while 126 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.43% to 70.835.

CASH FLOW ANALYSIS

FII DII Activity 13th February 2019, In the cash market today, FII’s sold 676 crores stock whereas DII’s bought 713 crores worth of stock. In the derivative market, FII’s bought 397 crore of Index futures and sold 415 crores worth of Index options. In the Stock futures segment, FII’s sold 301 crores worth of stock futures and sold 189 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 10750. The downside rally could be testing all the way up to 10650-10550 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10850-10950 levels. Key resistance holds at 10950.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10892.50 +31 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.53%, while the BSE Sensex 30 index lost 0.66%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 4.06% or 16.30 points to trade at 414.70 at the close. NTPC Ltd added 2.22% or 2.90 points to end at 133.25 and Coal India Ltd was up 1.97% or 4.30 points to 223.05 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 3.34% or 10.80 points to trade at 312.85 in late trade. Hero MotoCorp Ltd declined 3.01% or 87.05 points to end at 2799.55 and Housing Development Finance Corporation Ltd shed 2.24% or 43.70 points to 1905.05.

The breadth, indicating the overall health of the market, 1418 fell and 1025 advanced, while 129 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.61% to 70.800.

CASH FLOW ANALYSIS

FII DII Activity 12th February 2019, In the cash market today, FII’s sold 466 crores stock whereas DII’s sold 122 crores worth of stock. In the derivative market, FII’s bought 401 crore of Index futures and bought 607 crores worth of Index options. In the Stock futures segment, FII’s sold 546 crores worth of stock futures and bought 232 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 10800. The downside rally could be testing all the way up to 10700-10600 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 10900-11000 levels. Key resistance holds at 11000.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10915 -16 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.50%, while the BSE Sensex 30 index declined 0.41%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd, which rose 2.35% or 11.00 points to trade at 480.70 at the close. Cipla Ltd. added 1.69% or 9.05 points to end at 543.30 and Indian Oil Corporation Ltd was up 1.53% or 2.05 points to 135.85 in late trade.

Biggest losers included Dr. Reddy’s Laboratories Ltd, which lost 5.57% or 154.35 points to trade at 2615.35 in late trade. Mahindra & Mahindra Ltd. declined 5.07% or 34.55 points to end at 647.55 and Oil and Natural Gas Corporation Ltd shed 4.13% or 5.95 points to 138.20.

The breadth, indicating the overall health of the market, 1663 fell and 820 advanced, while 130 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.00% to 71.177.

CASH FLOW ANALYSIS

FII DII Activity 11th February 2019, In the cash market today, FII’s sold 125 crores stock whereas DII’s sold 232 crores worth of stock. In the derivative market, FII’s bought 274 crore of Index futures and bought 1344 crores worth of Index options. In the Stock futures segment, FII’s sold 551 crores worth of stock futures and bought 50 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum based on the current price action, once the same breaks below a key support holding at 10850. The downside rally could be testing all the way up to 10750-10650 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 10950-11050 levels. Key resistance holds at 11050.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10917.50 -29 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 1.14%, while the BSE Sensex 30 index fell 1.15%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 7.55% or 23.10 points to trade at 326.05 at the close. Kotak Mahindra Bank Ltd. added 1.09% or 14.00 points to end at 1299.40 and Lupin Ltd was up 1.45% or 11.95 points to 830.75 in late trade.

Biggest losers included Tata Motors Ltd, which lost 17.88% or 32.70 points to trade at 150.70 in late trade. Indiabulls Housing Finance Ltd declined 6.91% or 45.05 points to end at 613.90 and Vedanta Ltd shed 5.41% or 8.85 points to 154.15.

The breadth, indicating the overall health of the market, 1524 fell and 917 advanced, while 121 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.14% to 71.215.

CASH FLOW ANALYSIS

FII DII Activity 8th February 2019, In the cash market today, FII’s bought 843 crores stock whereas DII’s sold 960 crores worth of stock. In the derivative market, FII’s sold 224 crore of Index futures and bought 1877 crores worth of Index options. In the Stock futures segment, FII’s sold 798 crores worth of stock futures and sold 40 crores stock options.

Technical outlook

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

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11077 -18 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.06% to hit a new 3-month high, while the BSE Sensex 30 index declined 0.01%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 4.56% or 17.70 points to trade at 408.75 at the close. Sun Pharmaceutical Industries Ltd. added 4.13% or 17.20 points to end at 434.90 and Eicher Motors Ltd. was up 3.56% or 750.75 points to 21904.20 in late trade.

Biggest losers included Lupin Ltd, which lost 2.29% or 19.25 points to trade at 822.80 in late trade. Reliance Industries Ltd declined 1.70% or 22.25 points to end at 1290.40 and Larsen & Toubro Ltd shed 1.46% or 19.25 points to 1296.05.

The breadth, indicating the overall health of the market, 1355 rose and 1101 declined, while 155 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.33% to 71.371.

CASH FLOW ANALYSIS

FII DII Activity 7th February 2019, In the cash market today, FII’s bought 418 crores stock whereas DII’s bought 294 crores worth of stock. In the derivative market, FII’s bought 999 crore of Index futures and bought 1173 crores worth of Index options. In the Stock futures segment, FII’s bought 473 crores worth of stock futures and bought 85 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” 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 based on the current price action, once the same breaks above a key resistance holding at 11100. The upside rally could be testing all the way up to 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 up to 10950-10800 levels. Key support holds at 10800.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 11072.50 -32.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 1.17% to hit a new 3-month high, while the BSE Sensex 30 index climbed 0.98%.

The biggest gainers of the session on the Nifty 50 were Tech Mahindra Ltd, which rose 8.12% or 61.00 points to trade at 811.35 at the close. Zee Entertainment Enterprises Ltd. added 6.46% or 23.60 points to end at 388.00 and Cipla Ltd. was up 7.30% or 37.10 points to 534.95 in late trade.

Biggest losers included Adani Port and Special Economic Zone Ltd, which lost 3.13% or 10.65 points to trade at 330.35 in late trade. Dr. Reddy’s Laboratories Ltd declined 1.04% or 29.45 points to end at 2789.70 and IndusInd Bank Ltd. shed 1.23% or 19.00 points to 1526.05.

The breadth, indicating the overall health of the market, 1488 fell and 985 advanced, while 139 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.11% to 71.575.

CASH FLOW ANALYSIS

FII DII Activity 6th February 2019, In the cash market today, FII’s bought 694 crores stock whereas DII’s bought 525 crores worth of stock. In the derivative market, FII’s bought 2817 crore of Index futures and bought 262 crores worth of Index options. In the Stock futures segment, FII’s bought 865 crores worth of stock futures and bought 82 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” 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 based on the current price action, once the same breaks above a key resistance holding at 11100. The upside rally could be testing all the way up to 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 up to 10950-10800 levels. Key support holds at 10800.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 11012 +52 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.20%, while the BSE Sensex 30 index gained 0.09%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 4.86% or 16.90 points to trade at 365.35 at the close. Titan Company Ltd added 4.17% or 42.75 points to end at 1066.70 and UPL Ltd was up 3.62% or 27.90 points to 795.95 in late trade.

Biggest losers included Coal India Ltd, which lost 2.70% or 6.00 points to trade at 216.40 in late trade. Tata Motors Ltd declined 2.36% or 4.25 points to end at 175.80 and Tata Steel Ltd shed 2.38% or 11.35 points to 464.70.

The breadth, indicating the overall health of the market, 1652 fell and 817 advanced, while 135 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.09% to 71.630.

CASH FLOW ANALYSIS

FII DII Activity 5th February 2019, In the cash market today, FII’s bought 420 crores stock whereas DII’s bought 194 crores worth of stock. In the derivative market, FII’s bought 794 crore of Index futures and bought 173 crores worth of Index options. In the Stock futures segment, FII’s sold 320 crores worth of stock futures and bought 40 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” 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 based on the current price action, once the same breaks above a key resistance holding at 11000. The upside rally could be testing all the way up to 11100-11200 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 10850-10750 levels. Key support holds at 10750.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10966 +18 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.17%, while the BSE Sensex 30 index added 0.31%.

The biggest gainers of the session on the Nifty 50 were Titan Company Ltd, which rose 3.32% or 32.95 points to trade at 1025.75 at the close. Reliance Industries Ltd added 3.16% or 39.55 points to end at 1290.90 and Oil and Natural Gas Corporation Ltd was up 3.28% or 4.65 points to 146.25 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 4.21% or 28.60 points to trade at 650.75 in late trade. Hindalco Industries Ltd. declined 3.45% or 7.30 points to end at 204.20 and Hindustan Petroleum Corporation Ltd shed 3.27% or 7.65 points to 226.50.

The breadth, indicating the overall health of the market, 1740 fell and 753 advanced, while 167 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.38% to 71.735.

CASH FLOW ANALYSIS

FII DII Activity 4th February 2019, In the cash market today, FII’s sold 112 crores stock whereas DII’s sold 65 crores worth of stock. In the derivative market, FII’s sold 184 crore of Index futures and bought 1186 crores worth of Index options. In the Stock futures segment, FII’s bought 110 crores worth of stock futures and bought 133 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” 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 based on the current price action, once the same breaks above a key resistance holding at 10950. The upside rally could be testing all the way up to 11050-11200 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10800-10650 levels. Key support holds at 10650.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10899 -12.50 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 0.59%.

The biggest gainers of the session on the Nifty 50 were Hero MotoCorp Ltd, which rose 7.54% or 197.05 points to trade at 2807.25 at the close. Maruti Suzuki India Ltd. added 4.35% or 288.85 points to end at 6962.30 and HCL Technologies Ltd was up 3.62% or 36.35 points to 1043.85 in late trade.

Biggest losers included Vedanta Ltd, which lost 18.12% or 35.75 points to trade at 162.15 in late trade. Zee Entertainment Enterprises Ltd. declined 7.26% or 27.60 points to end at 354.40 and Yes Bank Ltd shed 4.53% or 8.80 points to 185.60.

The breadth, indicating the overall health of the market, 1299 fell and 1151 advanced, while 128 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.44% to 71.280.

CASH FLOW ANALYSIS

FII DII Activity 1st February 2019, In the cash market today, FII’s bought 1315 crores stock whereas DII’s sold 5 crores worth of stock. In the derivative market, FII’s bought 1711 crore of Index futures and bought 79 crores worth of Index options. In the Stock futures segment, FII’s bought 856 crores worth of stock futures and sold 121 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” 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 based on the current price action, once the same breaks above a key resistance holding at 10950. The upside rally could be testing all the way up to 11050-11200 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 10850-10750 levels. Key support holds at 10750.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10896.50 +41 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 1.68%, while the BSE Sensex 30 index added 1.87%.

The biggest gainers of the session on the Nifty 50 were AXIS Bank Ltd, which rose 4.32% or 29.85 points to trade at 722.70 at the close. Tata Motors Ltd added 3.06% or 5.35 points to end at 181.20 and GAIL Ltd was up 3.54% or 11.40 points to 332.15 in late trade.

Biggest losers included Yes Bank Ltd, which lost 2.76% or 5.50 points to trade at 194.10 in late trade. Bajaj Finserv Ltd declined 2.21% or 138.20 points to end at 6091.90 and Zee Entertainment Enterprises Ltd. shed 2.73% or 10.60 points to 380.20.

The breadth, indicating the overall health of the market, 1364 rose and 1111 declined, while 126 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.38% to 71.175.

CASH FLOW ANALYSIS

FII DII Activity 31st January 2019, In the cash market today, FII’s bought 3006 crores stock whereas DII’s sold 1634 crores worth of stock. In the derivative market, FII’s bought 2765 crore of Index futures and bought 3437 crores worth of Index options. In the Stock futures segment, FII’s bought 1160 crores worth of stock futures and bought 782 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last session ended up bullish in trend after few negative rallies retesting near the channel’s support slope line. The market is expected to continue on bullish momentum based on the current price action, once the same breaks above a key resistance holding at 10900. The upside rally could be testing all the way up to 11000-11100 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10750-10650 levels. Key support holds at 10650.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10710 +73.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.00% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.12%.

The biggest gainers of the session on the Nifty 50 were ICICI Bank Ltd, which rose 6.21% or 21.55 points to trade at 365.90 at the close. Tata Steel Ltd added 5.61% or 24.90 points to end at 467.45 and AXIS Bank Ltd was up 4.58% or 30.25 points to 690.95 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 4.81% or 33.60 points to trade at 672.90 in late trade. Adani Port and Special Economic Zone Ltd declined 3.22% or 11.25 points to end at 338.15 and Bajaj Auto Ltd shed 2.95% or 75.65 points to 2499.70.

The breadth, indicating the overall health of the market, 1324 rose and 1083 declined, while 156 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.27% to 71.206.

CASH FLOW ANALYSIS

FII DII Activity 30th January 2019, In the cash market today, FII’s bought 130 crores stock whereas DII’s bought 502 crores worth of stock. In the derivative market, FII’s sold 1667 crore of Index futures and bought 274 crores worth of Index options. In the Stock futures segment, FII’s bought 863 crores worth of stock futures and bought 73 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections retesting near the channel’s support slope line. The market is expected to continue on bullish momentum based on the current retesting scenario, testing all the way up to 10850-11000 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10600 then it might continue on bearish once again. The downside rally could test up to 10500-10400 levels. Key resistance holds at 11000.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10696 +2 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.09% to hit a new 1-month low, while the BSE Sensex 30 index declined 0.18%.

The biggest gainers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd, which rose 5.95% or 19.40 points to trade at 349.25 at the close. Bharti Infratel Ltd added 3.72% or 10.70 points to end at 297.35 and Bajaj Finserv Ltd was up 4.03% or 244.10 points to 6233.05 in late trade.

Biggest losers included Eicher Motors Ltd., which lost 5.82% or 1162.40 points to trade at 18877.25 in late trade. GAIL Ltd declined 2.76% or 9.20 points to end at 323.60 and Yes Bank Ltd shed 0.96% or 2.00 points to 202.90.

The breadth, indicating the overall health of the market, 1342 fell and 1093 advanced, while 131 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.08% to 71.135.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10600. The downside rally could be testing all the way up to 10500-10400 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 10750-10900 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10672.50 -15 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 lost 1.10%, while the BSE Sensex 30 index fell 1.02%.

The biggest gainers of the session on the Nifty 50 were Zee Entertainment Enterprises Ltd., which rose 15.73% or 50.10 points to trade at 373.30 at the close. Bharti Infratel Ltd added 2.39% or 6.70 points to end at 287.30 and Coal India Ltd was up 2.01% or 4.45 points to 225.20 in late trade.

Biggest losers included Adani Port and Special Economic Zone Ltd, which lost 12.53% or 46.85 points to trade at 326.10 in late trade. Indiabulls Housing Finance Ltd declined 6.51% or 48.50 points to end at 699.30 and Yes Bank Ltd shed 5.28% or 11.60 points to 207.50.

The breadth, indicating the overall health of the market, 1920 fell and 564 advanced, while 126 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.33% to 71.135.

CASH FLOW ANALYSIS

FII DII Activity 28th January 2019, In the cash market today, FII’s bought 223 crores stock whereas DII’s bought 92 crores worth of stock. In the derivative market, FII’s bought 417 crore of Index futures and sold 727 crores worth of Index options. In the Stock futures segment, FII’s sold 460 crores worth of stock futures and sold 168 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10630. The downside rally could be testing all the way up to 10500-10400 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 10730-10830 levels. Key resistance holds at 10830.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10840.50 -45.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.64%, while the BSE Sensex 30 index declined 0.47%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 6.46% or 17.00 points to trade at 279.75 at the close. HCL Technologies Ltd added 3.02% or 28.55 points to end at 969.40 and Yes Bank Ltd was up 2.11% or 4.55 points to 219.60 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 30.92% or 134.15 points to trade at 318.40 in late trade. Maruti Suzuki India Ltd. declined 8.11% or 570.70 points to end at 6513.40 and UltraTech Cement Ltd shed 6.93% or 262.70 points to 3510.80.

The breadth, indicating the overall health of the market, 1799 fell and 662 advanced, while 143 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.29% to 71.197.

CASH FLOW ANALYSIS

FII DII Activity 25th January 2019, In the cash market today, FII’s bought 689 crores stock whereas DII’s sold 147 crores worth of stock. In the derivative market, FII’s bought 1209 crore of Index futures and bought 434 crores worth of Index options. In the Stock futures segment, FII’s sold 294 crores worth of stock futures and sold 325 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10750. The downside rally could be testing all the way up to 10600-10500 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10900-11000 levels. Key resistance holds at 11000.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10947 +61 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.17%, while the BSE Sensex 30 index gained 0.24%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 14.32% or 28.25 points to trade at 215.40 at the close. Reliance Industries Ltd added 1.85% or 22.70 points to end at 1247.45 and Tata Consultancy Services Ltd. was up 1.41% or 26.40 points to 1901.55 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 5.38% or 14.90 points to trade at 263.00 in late trade. Tata Motors Ltd declined 2.61% or 4.70 points to end at 175.40 and UPL Ltd shed 1.95% or 14.85 points to 747.35.

The breadth, indicating the overall health of the market, 1500 fell and 919 advanced, while 146 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.07% to 71.225.

CASH FLOW ANALYSIS

FII DII Activity 24th January 2019, In the cash market today, FII’s sold 94 crores stock whereas DII’s bought 389 crores worth of stock. In the derivative market, FII’s sold 510 crore of Index futures and bought 924 crores worth of Index options. In the Stock futures segment, FII’s bought 571 crores worth of stock futures and bought 53 crores stock options.

Technical outlook

Nifty daily chart has formed “Rising wedge” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10800. The downside rally could be testing all the way up to 10700-10600 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 10900-11000 levels. Key resistance holds at 11000.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10862.50 +21.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.84%, while the BSE Sensex 30 index declined 0.92%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd., which rose 2.73% or 11.45 points to trade at 431.00 at the close. Yes Bank Ltd added 2.63% or 5.05 points to end at 197.25 and Zee Entertainment Enterprises Ltd. was up 1.19% or 5.05 points to 432.85 in late trade.

Biggest losers included ITC Ltd, which lost 4.75% or 13.75 points to trade at 277.30 in late trade. Grasim Industries Ltd declined 2.97% or 23.85 points to end at 782.15 and Indiabulls Housing Finance Ltd shed 2.53% or 20.20 points to 778.70.

The breadth, indicating the overall health of the market, 1422 fell and 1042 advanced, while 133 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.18% to 71.345.

CASH FLOW ANALYSIS

FII DII Activity 23rd January 2019, In the cash market today, FII’s sold 775 crores stock whereas DII’s bought 583 crores worth of stock. In the derivative market, FII’s sold 314 crore of Index futures and sold 796 crores worth of Index options. In the Stock futures segment, FII’s sold 166 crores worth of stock futures and sold 263 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10800. The downside rally could be testing all the way up to 10700-10600 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 10900-11000 levels. Key resistance holds at 11000.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10956 -6.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.36%, while the BSE Sensex 30 index lost 0.37%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd., which rose 4.80% or 19.10 points to trade at 418.95 at the close. Wipro Ltd added 3.09% or 10.45 points to end at 346.50 and Titan Company Ltd was up 1.99% or 19.15 points to 982.65 in late trade.

Biggest losers included Vedanta Ltd, which lost 3.65% or 7.25 points to trade at 191.50 in late trade. Tata Steel Ltd declined 3.26% or 15.40 points to end at 456.55 and Mahindra & Mahindra Ltd. shed 3.09% or 22.55 points to 708.50.

The breadth, indicating the overall health of the market, 1560 fell and 908 advanced, while 162 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.24% to 71.362.

CASH FLOW ANALYSIS

FII DII Activity 22nd January 2019, In the cash market today, FII’s sold 78 crores stock whereas DII’s sold 84 crores worth of stock. In the derivative market, FII’s sold 460 crore of Index futures and bought 1852 crores worth of Index options. In the Stock futures segment, FII’s bought 763 crores worth of stock futures and sold 175 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 10970. The upside rally could be testing all the way up to 11100-11200 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10800-10700 levels. Key support holds at 10700.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10956 -6.50 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.50% to hit a new 1-month high, while the BSE Sensex 30 index climbed 0.53%.

The biggest gainers of the session on the Nifty 50 were Reliance Industries Ltd, which rose 4.28% or 50.65 points to trade at 1237.70 at the close. Kotak Mahindra Bank Ltd. added 2.73% or 33.80 points to end at 1267.60 and Bajaj Finserv Ltd was up 2.08% or 130.10 points to 6384.55 in late trade.

Biggest losers included Hero MotoCorp Ltd, which lost 3.99% or 115.75 points to trade at 2794.25 in late trade. Yes Bank Ltd declined 3.73% or 7.40 points to end at 191.95 and Wipro Ltd shed 2.80% or 9.70 points to 337.80.

The breadth, indicating the overall health of the market, 1624 fell and 901 advanced, while 146 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.05% to 71.220.

CASH FLOW ANALYSIS

FII DII Activity 21st January 2019, In the cash market today, FII’s sold 299 crores stock whereas DII’s bought 520 crores worth of stock. In the derivative market, FII’s bought 485 crore of Index futures and bought 645 crores worth of Index options. In the Stock futures segment, FII’s bought 388 crores worth of stock futures and sold 162 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 11000. The upside rally could be testing all the way up to 11100-11200 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 10850-10750 levels. Key support holds at 10750.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10951.50 +16.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.02%, while the BSE Sensex 30 index climbed 0.03%.

The biggest gainers of the session on the Nifty 50 were Reliance Industries Ltd, which rose 4.53% or 51.35 points to trade at 1184.35 at the close. Wipro Ltd added 3.32% or 11.15 points to end at 346.15 and Kotak Mahindra Bank Ltd. was up 1.66% or 20.25 points to 1240.20 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 8.51% or 36.30 points to trade at 390.75 in late trade. Bharti Airtel Ltd. declined 6.47% or 21.50 points to end at 311.15 and GAIL Ltd shed 3.28% or 10.90 points to 322.15.

The breadth, indicating the overall health of the market, 1605 fell and 858 advanced, while 155 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.14% to 71.135.

CASH FLOW ANALYSIS

FII DII Activity 18th January 2019, In the cash market today, FII’s sold 124 crores stock whereas DII’s sold 1 crores worth of stock. In the derivative market, FII’s sold 398 crore of Index futures and sold 1054 crores worth of Index options. In the Stock futures segment, FII’s bought 537 crores worth of stock futures and sold 114 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, testing all the way up to 10800-10700 levels in upcoming sessions. Alternatively, if the market breaks above a key resistance holding at 10970 then it might turn bullish once again. The upside rally could test up to 11050-11200 levels. Key support holds at 10700.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10977 +57 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.14%, while the BSE Sensex 30 index added 0.15%.

The biggest gainers of the session on the Nifty 50 were Bharat Petroleum Corp. Ltd., which rose 1.99% or 6.90 points to trade at 355.20 at the close. GAIL Ltd added 2.23% or 7.25 points to end at 332.40 and AXIS Bank Ltd was up 1.64% or 10.90 points to 676.65 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 6.61% or 30.00 points to trade at 426.55 in late trade. Yes Bank Ltd declined 3.70% or 7.70 points to end at 201.50 and Zee Entertainment Enterprises Ltd. shed 2.50% or 11.30 points to 440.90.

The breadth, indicating the overall health of the market, 1473 fell and 1007 advanced, while 170 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.07% to 71.025.

CASH FLOW ANALYSIS

FII DII Activity 17th January 2019, In the cash market today, FII’s bought 842 crores stock whereas DII’s sold 727 crores worth of stock. In the derivative market, FII’s sold 598 crore of Index futures and bought 620 crores worth of Index options. In the Stock futures segment, FII’s bought 445 crores worth of stock futures and sold 58 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 10950. The upside rally could be testing all the way up to 11050-11200 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10800-10700 levels. Key support holds at 10700.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10954 +29 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 added 0.01%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 2.36% or 4.80 points to trade at 208.35 at the close. Indiabulls Housing Finance Ltd added 2.66% or 21.55 points to end at 829.60 and IndusInd Bank Ltd. was up 1.99% or 29.70 points to 1526.70 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 1.04% or 2.90 points to trade at 275.85 in late trade. Bajaj Finance Ltd declined 1.50% or 39.15 points to end at 2569.85 and Vedanta Ltd shed 1.18% or 2.35 points to 196.30.

The breadth, indicating the overall health of the market, 1313 fell and 1172 advanced, while 137 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.11% to 71.165.

CASH FLOW ANALYSIS

FII DII Activity 16th January 2019, In the cash market today, FII’s sold 90 crores stock whereas DII’s bought 304 crores worth of stock. In the derivative market, FII’s sold 818 crore of Index futures and bought 365 crores worth of Index options. In the Stock futures segment, FII’s bought 171 crores worth of stock futures and sold 44 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 10950. The upside rally could be testing all the way up to 11050-11200 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10800-10700 levels. Key support holds at 10700.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10931 -12 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 1.39%, while the BSE Sensex 30 index gained 1.30%.

The biggest gainers of the session on the Nifty 50 were Wipro Ltd, which rose 5.49% or 17.15 points to trade at 329.80 at the close. Yes Bank Ltd added 4.07% or 7.95 points to end at 203.00 and Tech Mahindra Ltd was up 3.85% or 26.15 points to 706.25 in late trade.

Biggest losers included Maruti Suzuki India Ltd., which lost 0.81% or 59.70 points to trade at 7355.15 in late trade. ICICI Bank Ltd declined 0.09% or 0.35 points to end at 372.75 and Bharti Infratel Ltd shed 0.04% or 0.10 points to 279.75.

The breadth, indicating the overall health of the market, 1502 rose and 974 declined, while 154 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.38% to 71.055.

CASH FLOW ANALYSIS

FII DII Activity 15th January 2019, In the cash market today, FII’s bought 159 crores stock whereas DII’s bought 417 crores worth of stock. In the derivative market, FII’s bought 1153 crore of Index futures and bought 194 crores worth of Index options. In the Stock futures segment, FII’s bought 595 crores worth of stock futures and bought 208 crores stock options.

Technical outlook

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

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10825 +56 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 0.53%, while the BSE Sensex 30 index fell 0.43%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 5.83% or 10.75 points to trade at 195.35 at the close. Infosys Ltd added 2.60% or 17.80 points to end at 701.90 and Sun Pharmaceutical Industries Ltd. was up 1.60% or 7.10 points to 450.85 in late trade.

Biggest losers included Wipro Ltd, which lost 4.93% or 16.20 points to trade at 312.55 in late trade. GAIL Ltd declined 3.96% or 13.40 points to end at 324.90 and Indiabulls Housing Finance Ltd shed 3.27% or 26.70 points to 790.95.

The breadth, indicating the overall health of the market, 1450 fell and 1004 advanced, while 157 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.54% to 70.765.

CASH FLOW ANALYSIS

FII DII Activity 14th January 2019, In the cash market today, FII’s sold 732 crores stock whereas DII’s bought 527 crores worth of stock. In the derivative market, FII’s sold 989 crore of Index futures and bought 20 crores worth of Index options. In the Stock futures segment, FII’s bought 558 crores worth of stock futures and bought 86 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10700. The upside rally could be testing all the way up to 10600-10500 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10800-10900 levels. Key resistance holds at 10900.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10904 +28.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.49%, while the BSE Sensex 30 index climbed 0.64%.

The biggest gainers of the session on the Nifty 50 were AXIS Bank Ltd, which rose 3.12% or 20.30 points to trade at 670.10 at the close. ITC Ltd added 2.55% or 7.25 points to end at 290.40 and Housing Development Finance Corporation Ltd was up 1.65% or 32.35 points to 1994.95 in late trade.

Biggest losers included GAIL Ltd, which lost 3.84% or 13.60 points to trade at 341.35 in late trade. Hindustan Petroleum Corporation Ltd declined 3.95% or 9.80 points to end at 239.00 and Bharat Petroleum Corp. Ltd. shed 3.40% or 11.95 points to 340.05.

The breadth, indicating the overall health of the market, 1420 fell and 1096 advanced, while 141 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.60% to 70.555.

CASH FLOW ANALYSIS

FII DII Activity 9th January 2019, In the cash market today, FII’s bought 276 crores stock whereas DII’s bought 439 crores worth of stock. In the derivative market, FII’s bought 460 crore of Index futures and bought 1249 crores worth of Index options. In the Stock futures segment, FII’s sold 366 crores worth of stock futures and bought 35 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 10900. The upside rally could be testing all the way up to 11000-11100 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10800-10700 levels. Key support holds at 10700.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10923 +85.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.28%, while the BSE Sensex 30 index gained 0.36%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd., which rose 4.17% or 17.95 points to trade at 448.05 at the close. ICICI Bank Ltd added 3.15% or 11.60 points to end at 380.15 and State Bank of India was up 3.10% or 9.20 points to 305.30 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 2.99% or 13.85 points to trade at 451.65 in late trade. UPL Ltd declined 1.67% or 12.75 points to end at 752.20 and Kotak Mahindra Bank Ltd. shed 1.49% or 18.60 points to 1228.90.

The breadth, indicating the overall health of the market, 1271 fell and 1218 advanced, while 168 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.46% to 70.145.

CASH FLOW ANALYSIS

FII DII Activity 8th January 2019, In the cash market today, FII’s sold 553 crores stock whereas DII’s bought 698 crores worth of stock. In the derivative market, FII’s sold 418 crore of Index futures and sold 487 crores worth of Index options. In the Stock futures segment, FII’s bought 227 crores worth of stock futures and sold 27 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 10850. The upside rally could be testing all the way up to 10950-11050 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10700-10600 levels. Key support holds at 10600.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10807 +2 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.41%, while the BSE Sensex 30 index climbed 0.43%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 2.72% or 7.75 points to trade at 293.75 at the close. AXIS Bank Ltd added 2.87% or 17.80 points to end at 637.45 and Tata Motors Ltd was up 2.52% or 4.30 points to 175.35 in late trade.

Biggest losers included Indiabulls Housing Finance Ltd, which lost 4.92% or 40.80 points to trade at 793.90 in late trade. Bajaj Auto Ltd declined 3.00% or 81.95 points to end at 2658.55 and Dr. Reddy’s Laboratories Ltd shed 1.54% or 40.00 points to 2558.65.

The breadth, indicating the overall health of the market, 1275 rose and 1264 declined, while 163 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.42% to 69.816.

CASH FLOW ANALYSIS

FII DII Activity 7th January 2019, In the cash market today, FII’s bought 736 crores stock whereas DII’s sold 141 crores worth of stock. In the derivative market, FII’s bought 408 crore of Index futures and bought 509 crores worth of Index options. In the Stock futures segment, FII’s bought 125 crores worth of stock futures and sold 25 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 10850. The upside rally could be testing all the way up to 10950-11050 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10700-10600 levels. Key support holds at 10600.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10884.50 +106 points on indicating gap up opening for the NSE.

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

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 4.95% or 13.45 points to trade at 285.05 at the close. Yes Bank Ltd added 3.01% or 5.55 points to end at 189.65 and Tata Motors Ltd was up 2.95% or 4.90 points to 170.95 in late trade.

Biggest losers included HCL Technologies Ltd, which lost 1.69% or 16.00 points to trade at 932.35 in late trade. Tech Mahindra Ltd declined 1.47% or 10.15 points to end at 681.10 and Tata Consultancy Services Ltd. shed 1.22% or 23.10 points to 1876.85.

The breadth, indicating the overall health of the market, 1280 rose and 1227 declined, while 153 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.60% to 69.695.

CASH FLOW ANALYSIS

FII DII Activity 4th January 2019, In the cash market today, FII’s sold 157 crores stock whereas DII’s bought 240 crores worth of stock. In the derivative market, FII’s sold 351 crore of Index futures and sold 662 crores worth of Index options. In the Stock futures segment, FII’s bought 145 crores worth of stock futures and bought 131 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum, testing all the way up to 10850-10950 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10650 then it might turn bearish once again. The downside rally could test up to 10500-10400 levels. Key resistance holds at 10950.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10731 +11 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 fell 1.11%, while the BSE Sensex 30 index declined 1.05%.

The biggest gainers of the session on the Nifty 50 were Bharti Infratel Ltd, which rose 3.31% or 8.75 points to trade at 271.60 at the close. Bajaj Auto Ltd added 0.11% or 3.00 points to end at 2701.35 and Asian Paints Ltd. was up 0.27% or 3.70 points to 1388.30 in late trade.

Biggest losers included Eicher Motors Ltd., which lost 4.22% or 893.30 points to trade at 20211.45 in late trade. Indian Oil Corporation Ltd declined 3.32% or 4.55 points to end at 132.65 and Hindustan Petroleum Corporation Ltd shed 3.47% or 8.90 points to 248.30.

The breadth, indicating the overall health of the market, 1563 fell and 914 advanced, while 144 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.18% to 70.121.

CASH FLOW ANALYSIS

FII DII Activity 3rd January 2019, In the cash market today, FII’s sold 972 crores stock whereas DII’s bought 34 crores worth of stock. In the derivative market, FII’s sold 477 crore of Index futures and bought 1701 crores worth of Index options. In the Stock futures segment, FII’s sold 913 crores worth of stock futures and bought 140 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10600. The downside rally could be testing all the way up to 10500-10400 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 10750-10850 levels. Key resistance holds at 10850.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10876.50 +44.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 1.08%, while the BSE Sensex 30 index lost 1.00%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd., which rose 1.48% or 6.40 points to trade at 440.05 at the close. Tata Consultancy Services Ltd. added 0.85% or 16.20 points to end at 1923.30 and Asian Paints Ltd. was up 0.62% or 8.50 points to 1383.30 in late trade.

Biggest losers included Eicher Motors Ltd., which lost 9.40% or 2181.10 points to trade at 21162.30 in late trade. Vedanta Ltd declined 4.40% or 8.90 points to end at 193.15 and Tata Steel Ltd shed 4.51% or 23.25 points to 493.65.

The breadth, indicating the overall health of the market, 1550 fell and 905 advanced, while 152 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.92% to 70.085.

CASH FLOW ANALYSIS

FII DII Activity 2nd January 2019, In the cash market today, FII’s sold 621 crores stock whereas DII’s sold 226 crores worth of stock. In the derivative market, FII’s sold 817 crore of Index futures and bought 80 crores worth of Index options. In the Stock futures segment, FII’s sold 970 crores worth of stock futures and bought 93 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bearish in trend retesting near an interim trend line inside the channel. The market is expected to continue on bullish momentum by the retest near the trend line, testing all the way up to 10880-10980 levels in upcoming sessions. Alternatively, if the market breaks below a key support holding at 10750 then it might continue on bearish momentum. The downside rally could test up to 10600-10500 levels. Key resistance holds at 10980.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10936 +13.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.44%, while the BSE Sensex 30 index gained 0.52%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 2.99% or 9.35 points to trade at 319.50 at the close. Housing Development Finance Corporation Ltd added 2.12% or 41.65 points to end at 2009.00 and Hindustan Petroleum Corporation Ltd was up 1.50% or 3.80 points to 256.70 in late trade.

Biggest losers included Mahindra & Mahindra Ltd., which lost 3.79% or 30.50 points to trade at 773.35 in late trade. Hindalco Industries Ltd. declined 1.46% or 3.30 points to end at 222.75 and Wipro Ltd shed 0.65% or 2.15 points to 326.65.

The breadth, indicating the overall health of the market, 1394 rose and 1063 declined, while 144 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.13% to 69.655.

CASH FLOW ANALYSIS

FII DII Activity 1st January 2019, In the cash market today, FII’s sold 48 crores stock whereas DII’s bought 142 crores worth of stock. In the derivative market, FII’s sold 475 crore of Index futures and bought 403 crores worth of Index options. In the Stock futures segment, FII’s sold 83 crores worth of stock futures and bought 72 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 10950. The upside rally could be testing all the way up to 11050-11200 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10800-10700 levels. Key support holds at 10700.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10922.50 +1 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.02%, while the BSE Sensex 30 index declined 0.02%.

The biggest gainers of the session on the Nifty 50 were Tata Steel Ltd, which rose 1.59% or 8.15 points to trade at 521.05 at the close. Vedanta Ltd added 1.38% or 2.75 points to end at 202.20 and Tech Mahindra Ltd was up 1.07% or 7.65 points to 723.15 in late trade.

Biggest losers included Bharti Infratel Ltd, which lost 1.56% or 4.10 points to trade at 259.00 in late trade. Bharti Airtel Ltd. declined 1.34% or 4.25 points to end at 312.50 and Hindustan Petroleum Corporation Ltd shed 1.09% or 2.80 points to 253.25.

The breadth, indicating the overall health of the market, 1475 rose and 1056 declined, while 158 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.10% to 69.856.

CASH FLOW ANALYSIS

FII DII Activity 31st December 2018, In the cash market today, FII’s sold 326 crores stock whereas DII’s bought 321 crores worth of stock. In the derivative market, FII’s bought 549 crore of Index futures and bought 1693 crores worth of Index options. In the Stock futures segment, FII’s sold 9 crores worth of stock futures and bought 84 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 10930. The upside rally could be testing all the way up to 11000-11100 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10800-10700 levels. Key support holds at 10700.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10966 +44.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 added 0.74%, while the BSE Sensex 30 index added 0.75%.

The biggest gainers of the session on the Nifty 50 were Titan Company Ltd, which rose 4.11% or 36.50 points to trade at 922.70 at the close. Sun Pharmaceutical Industries Ltd. added 3.37% or 13.85 points to end at 425.20 and Indian Oil Corporation Ltd was up 3.21% or 4.30 points to 138.20 in late trade.

Biggest losers included Coal India Ltd, which lost 3.16% or 7.90 points to trade at 242.30 in late trade. Bharti Infratel Ltd declined 1.56% or 4.15 points to end at 263.00 and Bharat Petroleum Corp. Ltd. shed 0.93% or 3.40 points to 361.90.

The breadth, indicating the overall health of the market, 1519 rose and 1021 declined, while 149 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.02% to 70.050.

CASH FLOW ANALYSIS

FII DII Activity 28th December 2018, In the cash market today, FII’s sold 119 crores stock whereas DII’s bought 1199 crores worth of stock. In the derivative market, FII’s bought 632 crore of Index futures and bought 2595 crores worth of Index options. In the Stock futures segment, FII’s bought 825 crores worth of stock futures and bought 296 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 10900. The upside rally could be testing all the way up to 11000-11100 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10750-10600 levels. Key support holds at 10600.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10878 +69 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.47%, while the BSE Sensex 30 index climbed 0.44%.

The biggest gainers of the session on the Nifty 50 were Tech Mahindra Ltd, which rose 2.21% or 15.35 points to trade at 708.90 at the close. Oil and Natural Gas Corporation Ltd added 1.43% or 2.10 points to end at 149.70 and Zee Entertainment Enterprises Ltd. was up 2.03% or 9.25 points to 464.40 in late trade.

Biggest losers included Tata Motors Ltd, which lost 1.67% or 2.85 points to trade at 168.25 in late trade. Hero MotoCorp Ltd declined 1.46% or 46.20 points to end at 3128.80 and Tata Steel Ltd shed 1.35% or 6.95 points to 506.50.

The breadth, indicating the overall health of the market, 1265 rose and 1207 declined, while 179 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.19% to 70.310.

CASH FLOW ANALYSIS

FII DII Activity 27th December 2018, In the cash market today, FII’s bought 1731 crores stock whereas DII’s sold 663 crores worth of stock. In the derivative market, FII’s bought 1040 crore of Index futures and sold 1812 crores worth of Index options. In the Stock futures segment, FII’s bought 669 crores worth of stock futures and bought 293 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 10850. The upside rally could be testing all the way up to 10950-11050 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10700-10600 levels. Key support holds at 10600.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10801.50 +40 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.62%, while the BSE Sensex 30 index climbed 0.51%.

The biggest gainers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd, which rose 4.13% or 14.90 points to trade at 376.55 at the close. Zee Entertainment Enterprises Ltd. added 4.19% or 18.30 points to end at 455.05 and Bharti Airtel Ltd. was up 4.01% or 12.40 points to 320.45 in late trade.

Biggest losers included Sun Pharmaceutical Industries Ltd., which lost 2.52% or 10.70 points to trade at 413.65 in late trade. Yes Bank Ltd declined 1.56% or 2.85 points to end at 179.45 and Tata Consultancy Services Ltd. shed 1.53% or 29.30 points to 1889.20.

The breadth, indicating the overall health of the market, 1424 fell and 1042 advanced, while 145 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.19% to 70.125.

CASH FLOW ANALYSIS

FII DII Activity 26th December 2018, In the cash market today, FII’s bought 80 crores stock whereas DII’s sold 137 crores worth of stock. In the derivative market, FII’s sold 754 crore of Index futures and sold 84 crores worth of Index options. In the Stock futures segment, FII’s sold 272 crores worth of stock futures and sold 8 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bullish in trend after few negative rallies inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10800. The upside rally could be testing all the way up to 10900-11000 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10650-10550 levels. Key support holds at 10550.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10620.50 +6 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 declined 0.84%, while the BSE Sensex 30 index lost 0.76%.

The biggest gainers of the session on the Nifty 50 were Wipro Ltd, which rose 1.23% or 3.95 points to trade at 326.70 at the close. Tata Consultancy Services Ltd. added 1.38% or 26.20 points to end at 1918.50 and Bharti Infratel Ltd was up 1.94% or 5.05 points to 262.55 in late trade.

Biggest losers included Hero MotoCorp Ltd, which lost 4.76% or 158.15 points to trade at 3168.40 in late trade. Indian Oil Corporation Ltd declined 3.11% or 4.35 points to end at 135.05 and Bajaj Auto Ltd shed 2.86% or 80.45 points to 2724.65.

The breadth, indicating the overall health of the market, 1612 fell and 864 advanced, while 136 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.45% to 70.025.

CASH FLOW ANALYSIS

FII DII Activity 24th December 2018, In the cash market today, FII’s sold 577 crores stock whereas DII’s bought 186 crores worth of stock. In the derivative market, FII’s bought 205 crore of Index futures and bought 1688 crores worth of Index options. In the Stock futures segment, FII’s sold 645 crores worth of stock futures and sold 185 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bearish in trend along with some corrections inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10600. The downside rally could be testing all the way up to 10500-10400 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 10750-10850 levels. Key resistance holds at 10850.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10762 +2 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 lost 1.81%, while the BSE Sensex 30 index declined 1.89%.

The biggest gainers of the session on the Nifty 50 were Hindustan Petroleum Corporation Ltd, which rose 2.31% or 5.65 points to trade at 250.05 at the close. Bharat Petroleum Corp. Ltd. added 0.88% or 3.25 points to end at 374.65 and Coal India Ltd was up 0.66% or 1.65 points to 252.75 in late trade.

Biggest losers included Indian Oil Corporation Ltd, which lost 5.44% or 8.05 points to trade at 139.75 in late trade. UPL Ltd declined 4.55% or 35.00 points to end at 735.65 and Adani Port and Special Economic Zone Ltd shed 3.71% or 13.90 points to 361.10.

The breadth, indicating the overall health of the market, 1644 fell and 866 advanced, while 133 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.11% to 70.045.

CASH FLOW ANALYSIS

FII DII Activity 21st December 2018, In the cash market today, FII’s bought 134 crores stock whereas DII’s sold 488 crores worth of stock. In the derivative market, FII’s sold 315 crore of Index futures and bought 1628 crores worth of Index options. In the Stock futures segment, FII’s sold 1204 crores worth of stock futures and sold 121 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last session ended up bearish in trend after few positive rallies inside the channel. The market is expected to continue on bearish momentum, once the same breaks below a key support holding at 10700. The downside rally could be testing all the way up to 10600-10500 levels in upcoming sessions. Alternatively, if the key support holds strong then the market might retest the same and turn bullish. The upside rally could test up to 10850-11000 levels. Key resistance holds at 11000.

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10957 -37 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 fell 0.14%, while the BSE Sensex 30 index fell 0.14%.

The biggest gainers of the session on the Nifty 50 were Yes Bank Ltd, which rose 4.01% or 7.20 points to trade at 186.75 at the close. Hindustan Petroleum Corporation Ltd added 3.45% or 8.15 points to end at 244.45 and Bharat Petroleum Corp. Ltd. was up 2.42% or 8.75 points to 371.10 in late trade.

Biggest losers included Grasim Industries Ltd, which lost 3.09% or 26.40 points to trade at 828.50 in late trade. State Bank of India declined 2.21% or 6.65 points to end at 294.05 and Wipro Ltd shed 2.19% or 7.45 points to 333.25.

The breadth, indicating the overall health of the market, 1313 fell and 1183 advanced, while 160 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.33% to 70.043.

CASH FLOW ANALYSIS

FII DII Activity 20th December 2018, In the cash market today, FII’s sold 386 crores stock whereas DII’s bought 87 crores worth of stock. In the derivative market, FII’s bought 300 crore of Index futures and bought 2439 crores worth of Index options. In the Stock futures segment, FII’s sold 552 crores worth of stock futures and bought 118 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend after few consolidations inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11000. The upside rally could be testing all the way up to 11100-11200 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 10850-10750 levels. Key support holds at 10750.

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10894 -92 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.54% to hit a new 1-month high, while the BSE Sensex 30 index climbed 0.38%.

The biggest gainers of the session on the Nifty 50 were Indiabulls Housing Finance Ltd, which rose 7.85% or 60.95 points to trade at 839.65 at the close. Bajaj Finserv Ltd added 3.99% or 245.30 points to end at 6405.45 and AXIS Bank Ltd was up 3.33% or 20.60 points to 641.65 in late trade.

Biggest losers included HCL Technologies Ltd, which lost 2.76% or 27.20 points to trade at 957.15 in late trade. Sun Pharmaceutical Industries Ltd. declined 2.39% or 10.35 points to end at 423.80 and Infosys Ltd shed 1.77% or 12.00 points to 664.85.

The breadth, indicating the overall health of the market, 1587 rose and 948 declined, while 151 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.04% to 70.376.

CASH FLOW ANALYSIS

FII DII Activity 19th December 2018, In the cash market today, FII’s bought 1209 crores stock whereas DII’s sold 481 crores worth of stock. In the derivative market, FII’s bought 501 crore of Index futures and sold 356 crores worth of Index options. In the Stock futures segment, FII’s sold 71 crores worth of stock futures and sold 324 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend after few consolidations inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 11000. The upside rally could be testing all the way up to 11100-11200 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 10900-10800 levels. Key support holds at 10800.

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10986 +31.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 gained 0.19% to hit a new 1-month high, while the BSE Sensex 30 index gained 0.21%.

The biggest gainers of the session on the Nifty 50 were Sun Pharmaceutical Industries Ltd., which rose 2.80% or 11.80 points to trade at 433.45 at the close. Bajaj Finance Ltd added 2.37% or 58.60 points to end at 2532.20 and Power Grid Corporation of India Ltd was up 1.45% or 2.80 points to 196.35 in late trade.

Biggest losers included Zee Entertainment Enterprises Ltd., which lost 7.80% or 39.15 points to trade at 462.70 in late trade. UPL Ltd declined 3.07% or 23.55 points to end at 743.65 and Infosys Ltd shed 2.51% or 17.40 points to 676.60.

The breadth, indicating the overall health of the market, 1378 rose and 1092 declined, while 151 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 1.05% to 70.845.

CASH FLOW ANALYSIS

FII DII Activity 18th December 2018, In the cash market today, FII’s bought 144 crores stock whereas DII’s sell 182 crores worth of stock. In the derivative market, FII’s sold 950 crore of Index futures and bought 940 crores worth of Index options. In the Stock futures segment, FII’s sold 259 crores worth of stock futures and bought 3 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” pattern. The last few sessions ended up bullish in trend after few consolidations inside the channel. The market is expected to continue on bullish momentum, once the same breaks above a key resistance holding at 10950. The upside rally could be testing all the way up to 11100-11200 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 10850-10750 levels. Key support holds at 10750.

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10865.50 -48 points on indicating gap down opening for the NSE.

At the close in NSE, the Nifty 50 added 0.77% to hit a new 1-month high, while the BSE Sensex 30 index added 0.85%.

The biggest gainers of the session on the Nifty 50 were Tata Motors Ltd, which rose 4.52% or 7.55 points to trade at 173.95 at the close. Power Grid Corporation of India Ltd added 3.69% or 6.85 points to end at 192.55 and Housing Development Finance Corporation Ltd was up 3.09% or 58.90 points to 1960.35 in late trade.

Biggest losers included Kotak Mahindra Bank Ltd., which lost 2.70% or 33.95 points to trade at 1222.45 in late trade. Infosys Ltd declined 1.88% or 13.30 points to end at 694.40 and Bajaj Finserv Ltd shed 1.42% or 87.90 points to 6087.80.

The breadth, indicating the overall health of the market, 1338 rose and 1180 declined, while 145 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was down 0.63% to 71.525.

CASH FLOW ANALYSIS

FII DII Activity 17th December 2018, In the cash market today, FII’s sold 60 crores stock whereas DII’s sold 76 crores worth of stock. In the derivative market, FII’s sold 319 crore of Index futures and bought 21 crores worth of Index options. In the Stock futures segment, FII’s bought 6 crores worth of stock futures and bought 45 crores stock options.

Technical outlook

Nifty daily chart has formed “Megaphone chart” 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 holding at 10900. The upside rally could be testing all the way up to 11000-11100 levels in upcoming sessions. Alternatively, if the key resistance holds strong then the market might retest the same and turn bearish. The downside rally could test up to 10800-10700 levels. Key support holds at 10700.

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10864 +33.50 points on indicating gap up opening for the NSE.

At the close in NSE, the Nifty 50 rose 0.13%, while the BSE Sensex 30 index climbed 0.09%.

The biggest gainers of the session on the Nifty 50 were Bharti Airtel Ltd., which rose 5.33% or 16.15 points to trade at 319.25 at the close. Yes Bank Ltd added 3.23% or 5.65 points to end at 180.35 and Bharat Petroleum Corp. Ltd. was up 3.00% or 10.05 points to 345.30 in late trade.

Biggest losers included Housing Development Finance Corporation Ltd, which lost 1.95% or 37.95 points to trade at 1904.10 in late trade. HCL Technologies Ltd declined 1.72% or 16.85 points to end at 961.20 and Wipro Ltd shed 1.08% or 3.65 points to 333.10.

The breadth, indicating the overall health of the market, 1250 fell and 1224 advanced, while 134 ended unchanged on the India National Stock Exchange.

Rupee desk: The USD/INR was up 0.35% to 71.795.

CASH FLOW ANALYSIS

FII DII Activity 14th December 2018, In the cash market today, FII’s bought 861 crores stock whereas DII’s sold 302 crores worth of stock. In the derivative market, FII’s bought 249 crore of Index futures and bought 533 crores worth of Index options. In the Stock futures segment, FII’s bought 357 crores worth of stock futures and bought 143 crores stock options.

Technical outlook

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

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10784 -42 points on indicating gap down opening for the NSE.

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

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

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

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

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

Technical outlook

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

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10838 +49.50 points on indicating gap up opening for the NSE.

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

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

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

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

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

CASH FLOW ANALYSIS

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

Technical outlook

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

Research Report call:

Pre-Market Wednesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10572.50 -27.50 points on indicating gap down opening for the NSE.

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

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

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

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

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

CASH FLOW ANALYSIS

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

Technical outlook

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

Research Report call:

Pre-Market Tuesday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10355.50 -162.50 points on indicating gap down opening for the NSE.

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

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

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

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

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

CASH FLOW ANALYSIS

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

Technical outlook

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

Research Report call:

Pre-Market Monday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10602 -137 points on indicating gap down opening for the NSE.

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

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

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

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

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

CASH FLOW ANALYSIS

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

Technical outlook

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

Research Report call:

Pre-Market Friday! Asian market positive trading, Nifty50 on the SGX were trading higher at 10680.50 +56.50 points on indicating gap up opening for the NSE.

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

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

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

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

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

CASH FLOW ANALYSIS

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

Technical outlook

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

Research Report call:

Pre-Market Thursday! Asian market positive trading, Nifty50 on the SGX were trading lower at 10735 -98.50 points on indicating gap down opening for the NSE.

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

The biggest gainers of the session on the