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.

Nifty Trend For Tomorrow 07-Oct

By looking at Nifty daily charts we are observing that bears are having control at the moment. Further downside momentum may continue, if Nifty trades below 4,700 levels. On the other hand, if Nifty manages to trade above 4,700 levels then some recovery may also be seen in coming trading sessions.

For intraday trading tomorrow, trend deciding level is at 4,750. If Nifty shows strength above 4,750 levels, then rally to 4,800-4,850-4,880 may be seen. On the downside if Nifty does not show strength above 4,750 levels then selling pressure till 4,715-4,680-4,650 may also be seen.

Markets Outlook For Tomorrow 28-Sept

It was a cheerful day for Indian Stock Markets, as market closed with significant gains today. Both benchmark indices (Nifty and Sensex) witnessed a pullback rally on account of positive global cues.

On Nifty charts, we can see that the momentum oscillators RSI has changed direction, now are northbound. For intraday trading session, Nifty is likely to find support levels at 4932-4900-4865. On higher levels, 5010 may act as the immediate resistance level for Nifty and any gains above this level is likely to face stiff resistance at 5050-5090. F&O expiry is scheduled in this this week, so volatility will remain high and traders are advised to trade with cautions.

Nifty Intraday Outlook For Tomorrow 23-Aug

It was good start for Indian Stock Market. Market witnessed a positive momentum and closed in green with smart gain. However market sentiments still remains bearish and could go for either side. Domestic issues of high inflation, lack of corporate governance and loss in confidence for Govt. due to Anna Hazare`s campaign continues to affect the stock market.

For intraday tomorrow Nifty could find immediate support at  4846 and below this could drag it till 4800. Resistance level for Nifty Tomorrow may be seen at 4941-4975 and if Nifty trades above on closing note then 5050 may act as strong resistance for Nifty

Nifty Intraday Outlook For Tomorrow 18-Aug

Today Indian Stock Markets showed a volatile session and closed in green with moderate gain. On the basis of daily charts, we observe that the momentum indicator RSI is flat which may lead market to either flat or positive side.

For intraday trading tomorrow, 5,020 may act as the immediate support for Nifty and if this is broken on closing basis, next support may be seen at 4,975-4,930. On higher levels, 5,100 could be the immediate resistance for Nifty and any trades above these levels are likely to face stiff resistance at 5,135/5,180. Traders are suggested to trade with strict stop-loss and in small quantities.

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Markets Outlook For Tomorrow 12-August

Nifty continues to trade in a bearish to sideways trend. Global developments are playing a pivotal role in sentiment preparation of Markets. Nifty witnessed selling pressure from resistance near 5200 levels and finally closed in red. Nifty has been trading in 5,200-5,120 range for last two trading days. Buying interest may be seen of Nifty manages to trade above 5200 levels decisively on the down side, if Nifty declines below 5120 levels then selling pressure may resume.

For Intraday trading tomorrow, the trend deciding level is 5150. If Nifty shows strength above 5150 levels, then rally to 5,180-5,200-5,250 levels may be seen. If Nifty trades below 5,120 levels then selling pressure till 5,090-5,055-5000 may also be seen.

Markets Intraday Outlook For Tomorrow 04-Aug

For the second consecutive session, Indian Stock market opened lower and closed in red. Both benchmark indices lost around one percent today. 

On the basis of daily charts, we are witnessing a pattern which suggests 'a Bullish Hammer' and this pattern will only be confirmed if indices (Both Sensex & Nifty consecutively) cross yesterday`s high of 18,006 / 5,423 levels. In this condition, indices may test 18,080 - 18,150 / 5,450 - 5,480 levels. Any close above these levels, may lead to 18,300 / 5,520 level. On the downside, 17,860 - 17,800 / 5,380  - 5,345 levels may act as support for coming trading session.