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Showing posts with label Nifty Intraday Levels. Show all posts
Showing posts with label Nifty Intraday Levels. Show all posts

Wednesday, 19 September 2012

Nifty Trading Strategy Today 20 Sept

NIFTY (Opening – 5600.05)
Today in Indian Share Market, the Nifty opened flat on the same level it closed on 18 sept and traded in a narrow range the entire day. It was on a daily basis of consolidation when such huge moves. The Bank great had slightly of associate degree up day to support the great. tired all we tend to may see slightly of a correction towards 5550 when that this up move may continue with the support of the Bank great. The bias needs to be to travel long on dips with a stop loss at 5530..... Want Live Tips??? Get it here : Nifty Tips India

Tuesday, 8 November 2011

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.

Tuesday, 18 October 2011

Nifty Outlook For Tomorrow 19-Oct

Indian stock markets saw high selling pressure today and closed with losing 1.6%. For the session, Nifty opened below 5050 mark at 5049.45, down 69 points from previous close of 5118.25. It made a high at 5057.50 in the opening trade and made low for the day at 5011.05 levels. The index finally closed the range-bound session at 5037.50.

For intraday trading tomorrow, we can see 5000-4960 as the immediate support levels. On higher levels, 5060 may act as the immediate resistance for Nifty and any gains above these levels are likely to face stiff resistance at 5100- 5135.

Monday, 17 October 2011

Nifty Outlook and Trading Strategy For Tomorrow 18-Oct

Choppy trend was in Indian Stock Markets Today. The market will take cues from the global markets and is expected to open on a flat to positive note tomorrow. The result announcement of key heavyweights in the following week may also affect in coming trading sessions . Global news flow too will have a significant impact on market trend. For Nifty tomorrow good support exists at 5050 level, on upside level of 5,170-5200 may act as a strong resistance. Traders and investors are recommended to long above 5,100 else from 5,110, with a stop loss placed at 5,070, for targets of 5,150-5,170.

Tuesday, 4 October 2011

Nifty Intraday Outlook For Tomorrow 05-Oct


It was day of high volatility in Indian Stock Markets. Market witnessed intense selling pressure on the second half part of trading session following downgrade of SBI rating by Moody's. Overall trend of the market is still negative and if Nifty moves and closes below this level then further selling can be seen, because there are no major positive triggers for the market.

For intraday trading tomorrow, trend deciding level is at 4,800. If Nifty shows strength above this level, then rally to 4838-4875 may be seen. On the downside if Nifty trades below 4750 level then selling pressure till 4,710-4,665 may also be seen.

Monday, 3 October 2011

Nifty Intraday Outlook For Tomorrow 04-Oct

High volatility has been observing in Indian Stock Markets amid on Global Market Cues. This month is expected to be all the more volatile going ahead. The developments pertaining to Greece default and news flows from the US economy indicating the risk of recession or recovery thereof is going to influence the future trend of the market. On downside, 4,800 is a key trend decider level for the market. Below 4,800 level, panic selling is likely to lead to further downfall till 4,700 levels.

Thursday, 29 September 2011

Nifty Outlook For Tomorrow 30-Sept

Indian bounced back on the F&O expiry and closed above a crucial psychological levels of 5000 with significant gains. Auto sectors and banking  sectors were the prime drivers of the upswing and IT also consolidated its gains along with them.

For intraday trading session, Nifty could find support level at 4970/4940/4900 . On higher levels, 5050 is the immediate resistance for it and any gains above these levels are likely to face stiff resistance at 5090/5130.

Ref : Nifty Outlook

Wednesday, 28 September 2011

Nifty Intraday Outlook For Tomorrow 29-Sept

Nifty witnessed profit-booking from higher levels and was unable to sustain above 4,980 level today. For Nifty Today Intraday support was seen at 4,920 level. Short term trend is positive, however, medium term trend continues to be weak.

For intraday trading tomorrow, trend deciding level is at 4,968. If Nifty shows strength above this level, then rally to 5,010-5,050-5,080 may be seen. On the downside if Nifty does not show strength above 4968 level then selling pressure till 4,900-4,855 may also be seen.

Thursday, 22 September 2011

Nifty Intraday Outlook For Tomorrow 23-Sept

It was a dreadful day for the Indian stock market which saw the biggest percentage fall for the Nifty since August 2009 and the biggest point fall for the Nifty since October 2008. Both benchmark indices witnessed panic sell-off amid the Global weakness and closed in blood red. Heavy volatility was seen in the market today.

On Nifty charts, we are observing that the index has breached the up-sloping trend line showing negativity, supported by the momentum oscillators RSI and Stochastic that have started moving downwards . For the coming session, if the major support of 4900 is broken then we can see 4870/4810/4770 as the supports. On higher levels, 4960 is the immediate resistance for it and any gains above these levels are likely to face stiff resistance at 5015/5070. Traders are advised to trade with strict stop-loss and in small quantities.

Wednesday, 14 September 2011

Nifty Intraday Outlook For Tomorrow 15-Sept

The Indian markets closed with substantial gains today after trading almost flat in the morning session. Nifty showed good strength from support near 4,900 levels and closed in green above 5,000 levels. Nifty is showing momentum strength and buying interest may be continuing above 5,030 levels. Market may take some clue for RBI policy which is to be announced on Friday therefore, volatility in second half of market is also expected to increase.

For intraday trading tomorrow, trend deciding level is at 5,030, if Nifty shows strength above 5,030 levels, then rally to 5,075-5,100-5,150 may be seen. On the other hand if Nifty does not show strength above 5,030 levels then selling pressure till 4,980-4,945-4,900 may also be seen.

Tuesday, 13 September 2011

Nifty Trend and Trading Tips For Tomorrow 14-Sept

It was a volatile trading session in the Indian markets today with selling pressure returning in the afternoon. IT sector gained the most in today's session followed by oil & gas and metal while auto, capital goods, banking and healthcare closed with moderate losses.

For intraday trading tomorrow, 4900 may act as the immediate support level for Nifty and any trades below this level will drag Nifty to 4860-4825 levels. On the upside, Nifty could find immediate resistance at 5020 and any gains above this level are may lead Nifty to 5050-5085. However market is still volatile and trend seems bearish in coming sessions. Traders are advised to trade with strict stop-loss and in small quantities.

Monday, 12 September 2011

Nifty Intraday Outlook For Tomorrow 13-Sept

Heavy selling was witnessed in the Indian Stock Markets due to weak global cues and worst IIP data. Indian Benchmark indices opened with an immense gap-down of about 78 points and continued in the red for the whole session. Nifty made a high near the open at 4985.60 and a low at 4911.25 before closing a very volatile session at 4946.80 (2.23% down).

For intraday trading tomorrow, 4912 is the immediate support for Nifty and if this is broken, next support is seen at 4870-4840. On the upside, 4980 is the immediate resistance for Nifty and any gains above these levels are likely to face stiff resistance at 5015-5050. Traders are advised to trade with strict stop-loss and in small quantities.

Tuesday, 6 September 2011

Nifty Intraday Outlook For Tomorrow 07-Sept

Indian benchmark indices (Nifty & Sensex) opened gap-down amid the weak global cues. Nifty opened down 24 points at 4993.35 and made a low in the earlier half of the session at 4942.90 after which the bulls got activated and a handsome buying interest in Banks and IT Sectors pulled Nifty back above the 5000 levels. It made a high of 5072.90 and finally closed above a crucial resistance of 5050 levels at 5064.30 (0.94%) in the green.

On Nifty daily charts, we are observing that RSI indicator is currently trading in comfortable zone. For intraday coming tomorrow, 5020 is the immediate support for Nifty and if this is broken, next support is seen at 4975-4940. On higher levels, 5110 is the immediate resistance for Niifty and any gains above these levels are likely to face stiff resistance at 5150-5200.

Saturday, 3 September 2011

Nifty Intraday Outlook For Monday 05-Sept

It was tremendous week, though truncated, week for Indian stock markets which saw the Nifty move up beyond the 5000 mark. Both benchmark indices Nifty and Sensex were up 6.3% and 6.3% respectively. Market sentiments have turned positive and seem bullish for coming trading sessions.

While commenting on Nifty Outlook for Monday it has strong resistance at 5,095-5,140. Any fresh buying position should be initiated above 5060 levels for targeting 5100-5150. On the downside Nifty may find support around 4990-4950 levels.

Wednesday, 31 August 2011

Nifty Intraday Outlook For Friday 02-Sept

Nifty showed good strength for second consecutive day and closed in green crossing important psychological level of 5,000 with higher volumes. Positive cues from European markets pulled Indian markets. Bulls are having control at the moment. Buying interest may be continuing above 4,980 levels.

For intraday trading, trend deciding level is 4,980-5,000. If Nifty shows strength above these levels, then rally to 5,050-5,100-5,165 may be seen. On the downside if Nifty does not how strength above 4,980 levels then selling pressure till 4,930-4,875-4,820 may also be seen.

Friday, 26 August 2011

Nifty Intraday Outlook For Monday 29-Aug

Nifty has tested the lower support level of 4,720-4,700. The intermediate term trend continues to be bearish. The volatility in the Indian markets would continue to stay as inflation still remain high and is even likely to surprise on a higher side and there is a fear that RBI would continue with its monetary stance. As well as global developments may continue to cast a shadow on the stock market.

 For intraday trading on Monday, 4700 is the immediate support for Nifty and if this is broken, next support may be seen at 4665-4620. On higher levels, 4780 may act as the immediate resistance for Nifty and any trades above these levels are likely to face stiff resistance at 4830-4875.

Wednesday, 24 August 2011

Markets Outlook For Tomorrow 25-Aug

After two positive sessions markets witnessed again a choppy trend. Nifty continued selling pressure from resistance near 4,950 levels and closed in red with significant loss. Nifty August future expiry due on Thursday therefore volatile movement may be seen in coming trading sessions. Market sentiments may remain weak below 4,950 levels. Nifty is likely to continue trade in 4,800-4,980 zones for next trading.

For intraday tomorrow, the trend deciding level is at 4,900. If Nifty shows strength above this levels, then rally to 4,950-4,980-5,025 may be seen. On the downside if Nifty fails to show strength above 4,900 levels then selling pressure till 4,850-4,815 may also be seen.

Tuesday, 23 August 2011

Nifty Trend For Tomorrow 24-August

It was another good day for Indian Stock Markts. Both benchmark Index (Nifty and Sensex) opened moderately gap up and closed with smart gains. Positive cues from Europe and Asia spurred on the markets today. The Bulls got activated and pulled the indices to make the high for the day at 4965.80.

On Daily Nifty charts, we are observing that the momentum indicator RSI has reversed from its oversold zone. For next intraday trading session, 4908 is the immediate support for Nifty and if this is broken, next support may be seen at 4870-4845. On higher levels, 4985 may act as the immediate resistance for Nifty and any trades above these levels are likely to face stiff resistance at 5025-5050.

Saturday, 20 August 2011

Nifty Intraday Outlook For Monday 22-Aug

It was dowdy week for Indian Stock Markets. Both benchmark indices were down 4.5% during the week. For the next week Indian market will depend on Global Markets.

Technically Nifty is oversold in its daily and weekly charts while monthly charts are showing some more downtrend. Next August F&O expiry is scheduled which will give some support to our markets. However 4,800-4,760 remains a crucial level of Nifty. For Nifty immediate resistance comes around 5,120 levels.

Ref : Nifty Trading Strategy

Thursday, 18 August 2011

Nifty Intraday Outlook For Tomorrow 19-Aug

Heavy sink was witnessed in Indian Stock Markets. Both benchmark indices (Nifty and Sensex) lost more than 2% as Nifty made 52-week intraday low of 4932.15. Nifty opened today at 5077.95 up 20 points from the previous close at 5056.60. It traded in the red for the entire session and finally closed at 4944.15 or 2.22% down.

On Daily charts, we are observing that the momentum indicator RSI is outbound. For the coming trading session, 4900 may act as the immediate support level for Nifty and if this is broken, next support is seen at 4860-4800. On the upside, 4995 is the immediate resistance for Nifty and any gains above this level may lead it to 5050-5100 levels.