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    MARKET OUTLOOK FOR THE WEEK: 05-06-2017

MARKET OUTLOOK FOR THE WEEK: 05-06-2017

Both Sensex and Nifty made new 52 week high and both these Indices along with major global equity market Indices are likely to move up further towards strong economic growth.   Nifty is likely to move towards 9700 and may be even 9750 in the short term.  Support the Nifty lies

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    MARKET OUTLOOK FOR THE WEEK: 22-05-2017

MARKET OUTLOOK FOR THE WEEK: 22-05-2017

Last week Nifty made a new 52 week high at 9527 and finally closedown on Friday at 9427.90.   Expectation of early arrival of monsoon and possible roll-out of GST in the month of July supported the market.  FII in the early part of the week booked profits, but later they

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    MARKET OUTLOOK FOR THE WEEK: 15-05-2017

MARKET OUTLOOK FOR THE WEEK: 15-05-2017

The latest monsoon forecast by the IMD lifted the market sentiments which took Nifty towards 9400 last week.  The much awaited corrections are not happening due to various positive triggers.  Latest among these is strong monsoon which can lift overall growth of the economy, monsoon is expected to arrive in

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    MARKET OUTLOOK FOR THE WEEK: 01-05-2017

MARKET OUTLOOK FOR THE WEEK: 01-05-2017

Nifty and Sensex made a new 52 week high on the last week and finally settled on Friday at 9304.  Automobile and banking stocks were the front runners, supported the markets in a certain extent.  During the Indian rupee appreciated more than 5%.  US macro data’s which came out last

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    MARKET OUTLOOK FOR THE WEEK: 24-04-2017

MARKET OUTLOOK FOR THE WEEK: 24-04-2017

After trading in a narrow range Nifty closed at 9119.  Heightened geo-political tensions and fear of a possible third world war kept the world markets under pressure.  Foreign financial institutions were also trimmed their portfolios during the week.  Domestic institutions and retail investors kept their support at lower levels.  Going

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    MARKET OUTLOOK FOR THE WEEK: 17-04-2017

MARKET OUTLOOK FOR THE WEEK: 17-04-2017

Nifty and Bank Nifty made new highs, but profit booking trimmed early gains and the both indices and closed lower on Thursday.  Investors took cautious stand because of long weekend and heightened geo-political tensions.  Markets were closed on Friday due to Good Friday, many indices futures were also on decline

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    MARKET OUTLOOK FOR THE WEEK: 10-04-2017

MARKET OUTLOOK FOR THE WEEK: 10-04-2017

Last week Nifty made an intraday high at9270 and finally settled at 9198.30.  Sensex on Friday closed a tad below at 30,000, but still both these markets are on the buy mode.  Nifty has major support at 9116.87 and if Nifty closes below this level consecutively for more than two

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    MARKET OUTLOOK FOR THE WEEK: 03-04-2017

MARKET OUTLOOK FOR THE WEEK: 03-04-2017

After testing 9191, nifty closed on Friday at 9173.75.  The roll-over figures were above average, but Banking Nifty recorded discount around 100 on the beginning of April futures.  Monthly charts are slightly over bought, but the weekly charts and daily charts of Nifty are still showing further upside to the

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    MARKET OUTLOOK OF THE WEEK: 27-03-2017

MARKET OUTLOOK OF THE WEEK: 27-03-2017

Nifty witnessed marginal recovery on Thursday and Friday and finally it closed at 9108. Tuesday being a holiday (Gudi Padwa) investors may stay sidelines without committing big trades on Monday. Investors are focussing on Thursdays’ futures and options expiry. If we examine the Nifty options data’s we can see good

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    MARKET OUTLOOK FOR THE WEEK: 19-03-2017

MARKET OUTLOOK FOR THE WEEK: 19-03-2017

Both Nifty and Sensex made new highs after the stunning performance by the BJP in the state elections, US Fed decision to increase interest rate from. 75% to 1% and market participant’s reaction indicates that they interpreted Federal Reserve’s statement as more dovish than expected and early implementation of GST.  

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