Markets
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Market Outlook


Markets may start positive, but volatility likely due to F&O expiry

Markets may start positive, but volatility likely due to F&O expiry

12/28/2017 8:33 AM | Thursday | By Karan Bhojwani

The start of the F&O expiry day is likely to be in the green, but volatility may creep in with the progress of the session. The SGX Nifty suggests that the Nifty could open at 10,525 with gains of 32 points at the opening bell. 

Index trend and stocks in action December 27, 2017

Index trend and stocks in action December 27, 2017

12/27/2017 8:41 AM | Wednesday | By Karan Bhojwani

Going ahead, the overall bias remains positive. The support for Nifty is pegged at 10,480 levels whereas, on the upside, the level of 10,600 is viewed as immediate target for the index. 

Subdued start likely on mixed cues from global peers

Subdued start likely on mixed cues from global peers

12/27/2017 8:38 AM | Wednesday | By Karan Bhojwani

The key benchmark indices are expected to make a soft start as cues from the global peers are mixed. The SGX Nifty suggests that Nifty could open at 10,522 with loss of 6 points at the opening bell.   

Index trend and stocks in action December 26, 2017

Index trend and stocks in action December 26, 2017

12/26/2017 8:51 AM | Tuesday | By Karan Bhojwani

Going ahead, a follow through move above Friday’ session high (10,501) could lead to further upside, where the levels of 10,550 followed by 10,600, are likely to act as resistance points for the Nifty, while on the downside, the level of 10,410 is likely to act as a crucial support for the Nifty.

Subdued start likely after the festival break

Subdued start likely after the festival break

12/26/2017 8:47 AM | Tuesday | By Karan Bhojwani

Indian stocks are likely to see a somewhat subdued start for the day after Christmas, tracking sluggish cues from the Asian markets.  The SGX Nifty suggests that the Nifty could open at 10,509, with loss of 22 points at the opening bell. 

Index trend and stocks in action December 22, 2017

Index trend and stocks in action December 22, 2017

12/22/2017 8:33 AM | Friday | By Karan Bhojwani

Going ahead, as long as the index stays above the recent breakout area of 10,400-10,410, one should resort to buying on dips strategy. On the upside, there is hurdle around the levels of 10,490-10,495, and a sustainable breakout above this resistance would trigger some momentum in the index which could take the index up to the levels of 10,550 and 10,600.  

Markets may open flat

Markets may open flat

12/22/2017 8:29 AM | Friday | By Karan Bhojwani

Indian shares are expected to open flat with positive bias as cues from global peers are supportive. The SGX Nifty is trading with gains of 5 points at 10,460, indicating a flat start at the opening bell.   

Index trend and stocks in action December 21, 2017

Index trend and stocks in action December 21, 2017

12/21/2017 8:38 AM | Thursday | By Karan Bhojwani

Going forward, we expect the zone of 10,400-10,410 to be a strong support zone for the index as it is the resistance-turned-support level. On the upside, a follow through move above the Wednesday highs would lead to further upmove up to the levels of 10,560 and 10,600.  

Markets likely to see tepid opening

Markets likely to see tepid opening

12/21/2017 8:31 AM | Thursday | By Karan Bhojwani

Key benchmark indices may open slightly lower as cues from the global peers are subdued. The SGX Nifty is trading lower by 15 points at 10,454, indicating a flat start with a negative bias.