Daily Market Outlook

Market Outlook for 12 August 2016

August 12, 2016Posted By Admin

Indian Markets having corrected in last two days are expected to move higher today tracking positive global cues. SGX NIFTY was trading marginally higher @ 8624 up 7 points at 8:45 am. US and European markets ended higher on Thursday. Most Asian markets are trading in green with NIKKEI and HANG SENG both up 0.8%. […]






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Market Outlook for 22 July 2016

July 22, 2016Posted By Admin

Nifty formed Bearish Engulfing pattern on daily candlestick charts yesterday indicating surge in bearing sentiments. European and US markets ended lower. Asian markets are trading lower with Nikkei down 0.9%, Hang Seng down by 0.4% and Taiwan down by 0.3%. SGX Nifty was trading 11 points up at 8534 indicating a flat to positive opening. […]






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Market Outlook for 21 July 2016

July 21, 2016Posted By Admin

Indian markets continued to trade in a range yesterday and Nifty closed 37 points up at 8565. Today markets may open flat to positive tracking SGX Nifty which was trading 4 points down at 8585. A move above 8600 may take Nifty to 8720-8750 levels in coming sessions. Underlying market tone remains bullish and it’s […]






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Market Outlook for 20 July 2016

July 20, 2016Posted By Admin

Indian markets are expected to open flat to positive and may trade in a narrow range throughout the day. SGX Nifty was up 11 points at 8566 at 8:06 a.m. Asian markets are trading mixed with Nikkei down 0.7%, Hang Seng up 0.8% and Kospi down 0.2%. US markets closed flat in yesterday’s trade. Traders […]






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Market Outlook for 19 July 2016

July 19, 2016Posted By Admin

Having witnessed profit booking in second half of yesterday’s trading session, Nifty may open flat to positive and may head lower during the day. SGX Nifty was trading 23 points up at 8542 at 8:28 a.m. Most Asian markets are trading slightly lower with Hang Seng down 0.5%, Kospi down 0.4% and NIkkei up 0.47%. […]






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Market Outlook for 18 July 2016

July 18, 2016Posted By Admin

Indian markets are expected to open on a flat to positive note tracking muted trend in Asian Markets. SGX nifty was trading 20 points up @8581 at 8:30 a.m. IT stocks may continue to remain under selling pressure due to poor performance of Infosys in Q1. Reliance having posted a better than expected Q1 numbers […]






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Market Outlook for 15 July 2016

July 15, 2016Posted By Admin

Indian markets are expected to open higher and head further north during the day having crossed crucial resistance levels of 8544. SGX Nifty was trading at 8619 up 38 points at 8:15 a.m. Most European markets closed with decent gains with DAX up 1.41%, CAC up 1.1% and FTSE marginally down at -0.2%. US markets […]






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Market Outlook for 14 July 2016

July 14, 2016Posted By Admin

Indian markets are expected to open flat and trade in a narrow range throughout the day. Nifty finds a strong resistance around 8550 levels. Global markets too have turned flat and expected to see some profit booking in coming days. TCS will be announcing their 1st quarter results today. F&O Recommendations : BUY EXIDE TARGET […]






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Market Outlook for 13 July 2016

July 13, 2016Posted By Admin

Indian markets may open in gap up tracking positive momentum in global markets. SGX Nifty was trading 28 points up @ 8552 at 7:20 a.m. All major Asian markets are trading in green with NIKKEI 1.68% up, HANG SENG 0.6% up and KOSPI 0.8% up. Immediate resistance for NIfty is placed at 8544. We advise […]






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Nifty may open in green on global cues

July 12, 2016Posted By Admin

The BSE Sensex and NSE Nifty are likely to open in green on Tuesday tracking SGX Nifty and firm global cues. At 8.50 am (IST), SGX Nifty was up 29 points, or 0.34 per cent, at 8,517. Asian peers held firm around a 2-1/2-month peak, a day after US shares hit a record high thanks […]






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