Nifty Outlook for Tomorrow 16-Nov

Nifty Outlook | Stock Market Trend | Markets Outlook - 16-Nov

Markets traded rangebound today, and slumped in the last trading hour to close with significant losses of approx 1.5%.  For short term trend Nifty trend remains bearish and traders are advised to be cautious and trade in small quantity.

For Intraday trading tomorrow, trend deciding level is at 5,080. If Nifty shows strength above this level, then rally to 5,125/5,150/5,175 may be seen. On the downside if Nifty does not show strength above 5,080 levels then profit booking till 5,030/4,975 may also be seen.

MCX Gold Intraday Calls

MCX Gold Dec contract is currently trading at 28974 very near to its opening price. MCX Gold may take resistance near 29100 level. The MACD is in sell mode. Immediate support exists at 28800, if 28800 is breached we could see levels of 28500.

Intraday Trading Call:

Sell below 28940 levels with a stop loss placed above 29050 levels for targets of 28865-28800 levels.

Stock Recommendation : Buy IRB Infrastructure Ltd.

We maintain buying recommendation on IRB Infrastructure as it has been a good stock to buy at current position. The stock is having positive trend in coming trading sessions and we believe that IRB is best positioned to capture upcoming opportunities in the road segment. Thus it is recommended to Buy this stock with a price target of Rs 210-230.

Nifty Outlook For Tomorrow 15-Nov

Indian Markets opened positive with substantial gains today, but unable to hold the gains and closed with moderate loss. Today Nifty showed selling pressure from resistance near 5,225 levels for 3rd consecutive trading sessions. Bears are having control at the moment, and volatility may continue ahead.

For Nifty Outlook Tomorrow if Nifty trades below 5120 level then selling pressure till 5,075-5,030 may be seen. On the other hand, if bulls survive above 5,150 level then Nifty is likely to touch the levels of 5200-5230.

ICICI Bank Remains Sell : Short Term Trend Is Down

ICICI Bank was a relative outperformer in the banking sector. From Rs 760 it went all the way to Rs 980 in the recent uptrend. So, it was a significant outperformer, even within the banking sector. But something has happened drastically in this stock. ICICI Bank has been falling almost consistently day after day. In five days, it has lost a lot of its gains.

For ICICI Bank short term trend is clearly down. So, for traders, ICICI Bank remains a sell. We must understand that at some point you should cover your short positions, if you have them because it is a relatively better bank. So, this is a very small short position that you should carry.

Markets Outlook For Monday 14-Nov

Indian markets closed with significant losses during this week with all sectoral indices and both benchmark indices closing in the red. The Sensex was down 2.25% while the Nifty also lost 2.25% during the week. For coming trading sessions it is expected that volatility may continue ahead and Nifty is likely to trade in 5,040-5,350 range.

For Intraday trading on Monday, trend deciding level is at 5,150. If Nifty shows strength above 5,150 level, then rally to 5,185/5,220/5,250 may be seen. If Nifty does not show strength above 5,150 levels then profit booking till 5,115/5,080 may also be seen.

Share Trading Tips For Tomorrow 11-Nov

Oriental Bank of Commerce
Buy above 300 for target of Rs 304-307.20-309.65 with placing a stop loss of Rs 295.

Wipro Ltd.
Buy near 378 for target of Rs 382.55-385.40-388 with placing a stop loss of Rs 373.35.

Gitanjali Gems Ltd.
Sell B/T 352-353 for target of Rs 348-345-342.30 with placing a stop loss of Rs 358.

RPP Infra Projects Ltd.
Buy at 74.50-74.70 for target of Rs 75.65-76.50-77.30 with placing a stop loss of Rs 73.20

Stocks To Buy : Share Trading Recommendations

Following are the stocks having uptrend in coming trading sessions and could make profit to you. I recommend to buy these stocks on an Intraday basis with proper targets and stoploss.

• Wheels India Ltd.
• Jindal Cotex Ltd.
• RPP Infra Projects Ltd.
• Prakash Constrowell Ltd.
• Ind-Swift Laboratories Ltd.
• Flexituff International Ltd.

Stock Market Trends For Friday 11-Nov

Indian markets traded rangebound today and came down sharply with substantial losses in the last hour to close. The market breadth was negative with advances at 307 against declines of 1001 on the NSE. Nifty is likely to continue its volatile trend in coming trading sessions ahead.

For Intraday Trading on Friday 11-Nov, trend deciding level at 5250. If Nifty manages to trade above this levels then it may find resistance levels around 5290-5335. On the downside if Nifty fails to trade above 5250 then it is likely to find support at 5180-5145-5100. Traders are advised to trade in small quantity with caution.

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Buy Allahabad Bank For Long Term : Stock Recommendation

Allahabad Bank (ALBK) is in bullish trend and recommended to buy with a target price of Rs 220. Allahabad Bank (ALBK) delivered strong quarter, with net profits increasing by 21% to INR 4.8 bn on YoY basis. This was contributed by higher growth in net interest income (NII) of INR 13.1 bn (36% YoY) driven by 16.6% yoy growth in advances.

Allahabad Bank is in a strong growth trajectory with strong distribution network and vast customer base in CASA-rich states. This provides significant business opportunities in the current rising interest rate scenario. We believe maintaining margins would be a challenge for the bank on back of saving rate deregulation. Also, maintaining asset quality would be a key challenge for the bank going ahead, but cheap valuations offer a good buying opportunity.

Best Stocks To Buy - Share Trading Recommendations

PFC(Power Finance Corporation Ltd.) and REC(Rural Electrification Corporation Ltd.) both have gone through their own bear markets. That process is now over. Now whether they go quickly or whether they move up slowly - that’s a different issue but both these stocks should be on the radar of traders where you should be looking to buy it on dips. Buy it after breakouts from a consolidation. Don’t go short in it. At this point PFC is a buy because it is just breaking out again above Rs 170; similarly for REC.

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Nifty Intraday outlook for Tomorrow 09-Nov

For coming trading sessions market sentiments would depend mainly upon the main events like the IIP data for September and of-course inflation too.

For intraday trading tomorrow stock market is expected to continue volatility ahead. International developments will greatly influence the market trend. For Nifty tomorrow downside support exists at 5,240-5,205 and on upside resistance can be found at 5,325-5,370-5,400.

Intraday Stock tips For Friday 04-Nov

Intraday Share Tips

Bharat Heavy Electricals Ltd.
Buy above 330 for target of Rs 334-337-339.20 with placing a stop loss of Rs 325.35.

Cipla Ltd.
Buy near 292 for target of Rs 295-297.30-299.50 with placing a stop loss of Rs 287.55.

Hathway Cable & Datacom Ltd.
Sell below 113 for target of Rs 111.30-110-109.15 with placing a stop loss of Rs 115.

Aban Offshore Ltd.
Buy around 433 for target of Rs 437-440-443+ with placing a stop loss of Rs 428.

Long Term Investment Tips, Stock Recommendation

Long Term Stock Recommendations : Stocks which definitely can do well for you. These recommendations are given by market experts having sound experience of stock markets.

• Buy Raymond with a long-term target of Rs 520.
• Buy Andhra Bank and Punjab and Sind Bank for 25-30% gains in 6-9 months.
• Buy Aditya Birla Nuvo with a long-term target of Rs 1056.

Nifty Intraday Outlook For Tomorrow 04-Nov

By looking on Nifty charts it is expected that Nifty is likely to trade in 5,150-5,400 range and volatility may be seen in this range in coming trading sessions. Traders are advised to be cautious in this range. 

For Intraday trading tomorrow, trend deciding level is at 5,280. If Nifty shows strength above 5,280 levels, then rally to 5,310/5,350/5,400 may be seen. If Nifty does not show strength above 5,280 levels then profit booking till 5,200/5,150/5,100 may also be seen.

Intraday Stock Tips For 03-Nov

Intraday Share Tips

HPradip Overseas Ltd.
Buy near 103 for target of Rs 104.70-106-107.20 with placing a stop loss of Rs 101.40.

VIP Industries Ltd.
Sell below 165 for target of Rs 162.65-161-160 with placing a stop loss of Rs 168.

Camlin Ltd.
Buy at 46.30-46.50 for target of Rs 47-47.40-47.75+ with placing a stop loss of Rs 45.65.

Jaypee Infratech Ltd.
Sell below 55.30 for target of Rs 54.50-53.85-53.20 with placing a stop loss of Rs 56.40

Stocks To Buy, Share Trading Recommendations

Stock Recommendations and Trading Strategy by market experts :

• Buy Mahindra & Mahindra Finance with a one year target of Rs 950.
• Buy SBI with a target of Rs 2200 and stop loss of Rs 1840.
• Buy L & T with a 10-15 day target of Rs 1500.
• Buy Chambal Fertilizers with an 18-month target of Rs 160-170 and stop loss of Rs 85.

Markets Outlook For Tomorrow 03-Nov

For intraday trading tomorrow Nifty has important support zone at 5,220 level. Today Nifty managed to close above 5,240 level again, however the short term trend has turned bearish. Below 5,220, next support exists at 5,175-5,150 levels. On upside resistance exist at 5,300-5,350. Global events and announcements are likely to make market highly volatile. Outcome of fed reserve meeting could provide trigger for the market.

Nifty Outlook and Trading Tips For Tomorrow 02-Nov

With the corrective decline of past couple of sessions Nifty has now come close to a support level of 5,200 and below that there is support placed at 5,150. On higher levels, 5300 may act as the immediate resistance level for Nifty and any gains above these levels are likely to face stiff resistance at 5340-5375. We advise to traders and investors a wait and watch approach for any fresh long positions till the time we do not see any signs of stability near 5,200 to 5,150 levels.

Best Stocks To Buy Tomorrow 02-Nov

Stocks you should buy tomorrow:

Following are the stocks in bullish trend and may perform well in tomorrow trading session. One can go for long these stocks with maintaining strict stoploss.

• HUL
• ACC Ltd.
• Cipla Ltd.
• Tata Motors Ltd.
• Kotak Mahindra

Live Commodity Tips, Buy MCX Silver

MCX Silver Outlook

By looking at MCX Silver chart the 4 hourly price chart suggests that prices have witnessed rally after taking support at 55950. It is now made a higher bottom and trying to reverse. Breakout above 56550 level on a closing basis can take prices till 57600 level. MACD is in the sell mode. Immediate support is at 55950 level

Live Trading Call: Buy above 56550 levels on a closing basis with stop loss placed below 55950 levels for targets of 57600 levels.