-->
Showing posts with label Closing Bell. Show all posts
Showing posts with label Closing Bell. Show all posts

Jan 16, 2019

Sensex trades higher, Nifty around 10,900; Jet Airways slips 5%

           , , , , , , , ,       No comments    


Market opens: Equity benchmarks have started the day on a positive note, with the Nifty is trading above 10,900 level.
The Sensex is up 137.17 points at 36458.46, while Nifty is up 36.40 points at 10926.70. About 472 shares have advanced, 170 shares declined, and 46 shares are unchanged. 
All other sectoral indices are trading in the green, while Midcap index is up 0.35 percent. 
Zee Entertainment, Bharti Airtel, Indiabulls Housing, HDFC, Axis Bank, Bajaj Finance are trading higher, while HCL Tech, Bajaj Auto, Jet Airways, Mindtree, Infosys, BPCL have lost the most. 
Shares of Reliance Industries and Hindustan Unilever are trading higher ahead of third quarter numbers.
Rupee Opens: The Indian rupee opened higher at 71.15 per dollar on Thursday versus previous close 71.24.
Source: https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-bse-nse-sensex-trades-higher-nifty-around-10900-jet-airways-slips-5-3400771.html

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Jan 15, 2019

Jan 11, 2019

Nifty forms 'Hammer' pattern, ends below 10,800; focus on stock specific opportunities

           , , , , , ,       No comments    

It was another rangebound session for the market on Friday as traders await more December quarter earnings. The Nifty50 closed lower for the second consecutive session despite positive Asian cues, dragged by select banks and auto stocks.
The index closed below 10,800 levels and formed 'Hammer' kind of pattern on the daily charts (which also resembles 'Hanging Man' pattern) and showed 'Doji' formation on the weekly scale. For the week, the Nifty gained 0.6 percent.
After the rangebound trade for last few sessions, the index is expected to show direction on either side in coming week, experts said, adding earnings could be key reason for the move.
The Nifty50 after opening marginally higher hit a day's high of 10,850.15, but in morning itself, it drifted lower to touch an intraday low of 10,739.40 followed by small recovery from day's low in late trade. The index was down 26.60 points to close at 10,795.
"Nifty50 registered a Hammer formation before signing off the last session of the week as it smartly recovered from day's low of 10,739 levels where as weekly chart registered a 'Doji' with positive close after moving in a narrow range of 137 points throughout the week," Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in told Moneycontrol.
Source:https://www.moneycontrol.com/news/business/markets/technical-view-nifty-forms-hammer-pattern-ends-below-10800-focus-on-stock-specific-opportunities-3380821.html

If you need more information about the Stock Market:

Visit: http://www.tradeindiaresearch.com

Call On TOLL FREE Number: 9009010900

Whatsapp User Join Our Group: 9300421111
Share:

Jan 10, 2019

Jan 9, 2019

MCX Support and Resistance Level

           , , , , , , , , , ,       No comments    

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Sensex continues to trade flat, Nifty around 10,850; IndusInd Bank down 2%

           , , , , , , ,       No comments    

Market opens It is a mildly lower start on the benchmarks on Thursday morning, with the Nifty above 10,800-mark.  
The Sensex is down 49.87 points or 0.14% at 36163.04, and the Nifty down 20.30 points or 0.19% at 10834.90. The market breadth is negative as 312 shares advanced, against a decline of 376 shares, while 37 shares were unchanged.
Consumption and metal names are trading higher, while pain is visible among banks and pharmaceuticals, among others. The Nifty Midcap index is trading flat. 
Tata Motors and NTPC are top gainers, while IndusInd Bank, Axis Bank, Bharti Infratel and HPCL lost the most.  
Rupee opens The Indian rupee has opened flat at 70.46 per US dollar. 
RUPEE OUTLOOK
“The rupee is expected to come under pressure as crude oil prices are rising once again in the international market. Further, now focus would shift to India's macroeconomic data. CPI is expected to remain benign. Hence, there is a chance of interest rate cut by the RBI. But political risk is rising for the market. The Budget is expected to be populist after the BJP's debacle in state elections last month. This might put pressure on the fiscal arithmetic. Globally tension has eased somewhat between US and China...but it is early to say anything. There is a sell-off in the global market which may have impact on the Indian market as well. So, overall the rupee is expected to be driven by global factors and the upcoming political factors in the domestic market. In the near term, the rupee is expected to trade in 69.50 to 72 band,” Rushabh Maru, Research Analyst at Anand Rathi Shares and Stock Brokers said in a statement. 
Source: https://www.moneycontrol.com/news/business/markets/market-live-sensex-continues-to-trade-flat-nifty-around-10850-indusind-bank-down-2-3372541.html

If you need more information about the Stock Market:

Visit: http://www.tradeindiaresearch.com

Call On TOLL FREE Number: 9009010900

Whatsapp User Join Our Group: 9300421111
Share:

Jan 8, 2019

Sensex jumps over 200 points at open, Nifty above 10,850; Infosys up 3%

           , , , , , , ,       1 comment    
Market opens The market has begun the day on a strong note, with the Sensex jumping over 200 points up. 
The Sensex is up 210.98 points or 0.59% at 36191.91, and the Nifty up 54.10 points or 0.50% at 10856.30. The market breadth is positive as 330 shares advanced, against a decline of 109 shares, while 30 shares were unchanged.
Banks, automobiles and pharmaceutical sectors are gaining the most, while the Nifty Midcap index is higher by half a percent. 
Infosys, Tata Motors, and Bharti Airtel are the top gainers, while Tata Steel and Eicher Motors have lost the most. 
Rupee opens The Indian rupee opened higher by 15 paise at 70.05 per dollar on Wednesday versus previous close 70.20.

Source:https://www.moneycontrol.com/news/business/markets/stock-share-market-live-updates-bse-nse-sensex-jumps-over-200-points-at-open-nifty-above-10850-infosys-up-3-3367691.html

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Jan 7, 2019

Closing Bell: Sensex ends 155 points higher, Nifty fails to hold 10,800; pharma cracks

           , , , , , ,       No comments    
Market at Close Equity benchmarks have ended the day on a positive note, though off their high points. The Nifty closed below 10,800-mark.
Among sectors, all but three sectors ended the session in the green. In the broader markets, the Nifty Midcap index closed around flat line. 
At the close of market hours, the Sensex was up 155.06 points or 0.43% at 35850.16, while the Nifty was higher by 44.40 points or 0.41% at 10771.80. The market breadth was negative as 1292 shares advanced, against a decline of 1310 shares, while 172 shares were unchanged.
Axis Bank, Tata Motors, and Bharti Infratel gained the most, while Bajaj Auto, Yes Bank, and Indiabulls Housing were the top losers. 
Source:https://www.moneycontrol.com/news/business/markets/closing-bell-sensex-ends-155-points-higher-nifty-fails-to-hold-10800-pharma-cracks-3359291.html

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Jan 6, 2019

Jan 3, 2019

Closing Bell: Sensex ends over 370 points lower, Nifty below 10,700; metals, auto decline

           , , , , , , ,       No comments    
Market at Close Equities are closing the session with cuts of over a percent on both indices. The Nifty ended below 10,700, while the Sensex ended nearly 400 points lower. 
Amid an all-round sell-off among sectors, financials, automobiles, and metals bled, while investors also dumped in the midcaps space. 
All of this added to the volatility on the market. 
At the close of market hours, the Sensex was down 377.81 points or 1.05% at 35513.71, and the Nifty lower by 120.20 points or 1.11% at 10672.30. The market breadth was negative as 962 shares advanced, against a decline of 1,588 shares, while 151 shares were unchanged.
Asian Paints, HUL, and Bharti Infratel were the top gainers, while ONGC, M&M, IOC and Eicher Motors lost the most.
Source:https://www.moneycontrol.com/news/business/markets/stock-market-updates-closing-bell-bse-nse-sensex-ends-over-370-points-lower-nifty-below-10700-metals-auto-decline-3349001.html

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Dec 31, 2018

Nifty can reclaim 11,250 if it closes consistently above 10,950: Narnolia

           , , , , ,       No comments    
Bulls made a splendid comeback last week. This is in-line with the trend that markets are positive in Christmas week almost 95 percent of the time. It has been almost two months that markets are trading in a tight range of marked by Bollinger bands. Recently, Nifty touched lower band around (10,540), from there it is moving towards upper band which is currently placed around 11,050.
Nifty has given a breakout of Cup and Handle pattern in a lower time frame and the target as per pattern is placed around 11,250, which looks possible on daily closing above major resistance of 10,950.
ADX indicator is still trading around 17, which is below crucial levels considered for trending market, expresses no strength in the current trend. However, weekly RSI is placed near 50 from the last five weeks. It indicates that sideways to positive momentum is intact. At the same time, VIX closed lower in this week around 15.27 suggesting average movement will continue.
Source:https://www.moneycontrol.com/news/eye-on-india/videos/buy-or-sell-stay-cautious-stock-specific-book-profits-on-every-rise-3338761.html

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Dec 28, 2018

Strong rally likely in January series as long as Nifty trades above 10,800

           , , , , , , ,       No comments    



The Nifty50 started off in the negative zone at the beginning of the week following global peers. However, strong recovery in the latter half helped Nifty close in positive after two sessions of losing streak.
On the daily chart, a piercing candlestick pattern has formed, which suggests a bullish reversal of the short trend. A long lower wick in the latest candle indicates strong demand around 10,500.
On the other hand, even after a strong recovery, the strength indicator RSI (14) remained in the bearish crossover which means the momentum is still bearish.
On the options front, maximum open interest position is visible in 11,000 CE (45.13Lakh shares) and 10,000 PE (53.31Lakh shares); whereas, significant writing at 10,500 PE (7.25Lakh shares) and at 10,600 PE (7.15Lakh shares) pushed the index upward for the day.
Going forward, 10,600 and 10,500 would act as crucial support for the falling Nifty. On the higher end, immediate resistance is visible at 10,770-10,800 where 200DMA is lying. Sustained trades above 10,800 may induce further strong rally in the market.
Source: https://www.moneycontrol.com/news/business/markets/decoding-fo-data-strong-rally-likely-in-january-series-as-long-as-nifty-trades-above-10800-3332441.html

If you need more information about the Stock Market:

Visit: http://www.tradeindiaresearch.com

Call On TOLL FREE Number: 9009010900

Whatsapp User Join Our Group: 9300421111
Share:

Dec 27, 2018

Nifty closes higher on expiry day but forms bearish candle; 10,747 crucial for bulls

           , , , , , , , ,       No comments    

The Nifty50 extended gains for second consecutive session and closed the last day of December series on a positive note Thursday, but failed to hold on to 10,800 levels. Sharp rally in global stocks boosted sentiment.
The index formed a bearish candle on the daily charts as it closed lower than its opening high levels.
Experts expect the positive momentum to continue in coming sessions if the Nifty holds its crucial 10,747 levels. The January series will begin on Friday, which could see some consolidation.
The Nifty50 started off the expiry day on a strong note at 10,817.90 and remained in a positive terrain amid consolidation throughout the session. The index touched an intraday high of 10,834.20 and low of 10,764.45, before closing 49.90 points higher at 10,779.80.
Source:https://www.moneycontrol.com/news/business/markets/technical-view-nifty-closes-higher-on-expiry-day-but-forms-bearish-candle-10747-crucial-for-bulls-3330681.html

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Dec 26, 2018

Sensex up over 250 points, Nifty holds 10,800; IT stocks gain

           , , , , , , , ,       No comments    
Market opens It is a solid start for equities on Thursday morning, tracking global cues. The Nifty hit 10,800, while the Sensex has also risen around 300 points. 
Among sectors, all of them are in the green, with maximum gains visible among banks, consumption, IT, and metals, among others.  
The Sensex is up 289.36 points or 0.81% at 35939.30, while the Nifty is higher by 84.60 points or 0.79% at 10814.50. The market breadth was positive as 357 shares advanced, against a decline of 78 shares, while 17 shares were unchanged.
Yes Bank, Sun Pharma, and Indiabulls Housing gained the most, while Power Grid, Asian Paints, HPCL and BPCL have lost the most. 
Rupee opens The Indian rupee has opened at 70.20 per US dollar against a previous close of 70.07 per dollar. The currency is down around 13 paise.
Source: Money Control

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Dec 21, 2018

Nifty forms Inverted Hammer pattern on weekly scale; 10,700 crucial for bulls

           , , , , , , , , ,       No comments    

The Nifty50 fell sharply and wiped out momentum of last six trading sessions to slip towards 10,750 levels on Friday. The index plunged nearly 200 points for the first time in last nine consecutive sessions, forming big bearish candle on the daily charts.
Concerns on global economy growth and threat of partial US government shutdown dented market sentiment globally, but the consistent fall in oil prices continued to support the market.
Experts expect the consolidation to continue in the coming sessions and the index is likely to defend crucial support of 10,700 levels, experts said, adding the trading volume could be low in coming week as FIIs generally go on leave during Christmas and New Year.
The Nifty50 after opening flat extended losses as the day progressed and touched an intraday low of 10,738.65 in late trade. The index closed 197.70 points or 1.81 percent lower at 10,754.
The Nifty lost half a percent during the week due to sharp correction on Friday and formed Inverted Hammer kind of pattern on the weekly scale.
"After a brief outperformace vis-à-vis global markets in the month of December Nifty50 appears to have resumed its downswing, perhaps in solidarity with global trends, as it signed off the last session of the week with a large bearish candle which has erased almost last 5 sessions of labored upmove," Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in told Moneycontrol.
Source:https://www.moneycontrol.com/news/business/markets/technical-view-nifty-forms-inverted-hammer-pattern-on-weekly-scale-10700-crucial-for-bulls-3316671.html

If you need more information about the Stock Market:

 Visit: http://www.tradeindiaresearch.com

 Call On TOLL FREE Number: 9009010900

 Whatsapp User Join Our Group: 9300421111
Share:

Sample Text

Copyright © ALL Market News and Tips | Powered by Blogger Distributed By Protemplateslab & Design by ronangelo | Blogger Theme by NewBloggerThemes.com