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Aug 7, 2018

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NCDEX SUPPORT AND RESISTANCE LEVEL (7 AUG 2018)


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Aug 6, 2018

Sensex, Nifty give up gains after opening at record high; metals rally


Metal remains the top gainer, while banks, pharma and energy names are in the red.

After beginning the day at record highs, shares have given up all of their gains and trading around the flat line. The Nifty has given up 11,400-mark as well. A drag in financials, which were the biggest gainers on Monday, has hit the market on Tuesday morning.

The Sensex is up 9.05 points or 0.02% at 37700.94, while the Nifty is up 2.80 points or 0.02% at 11389.90. The market breadth is positive as 1,078 shares advanced, against a decline of 625 shares, while 94 shares are unchanged.

Among sectoral indices, metal remains the top gainer, while banks, pharma and energy names have lost the most. The Midcap index too has lost some sheen and is up just round 0.10 percent. Among stocks, shares of Adani Power have fallen 10 percent intraday after the firm’s net loss widened to Rs 825 crore in the June quarter. Metal stocks are up in trade, with gains from Vedanta and Hindalco aiding the rally.

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Source: https://www.moneycontrol.com/news/business/markets/market-live-sensex-midcaps-up-banks-hit-2812671.html
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Opening Bell (7 August 2018)


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Closing Bell: Bulls ensure no Monday blues on D-Street! Sensex, Nifty end at record closing highs


The Sensex closed up 135.73 points or 0.36% at 37691.89, while the Nifty ended 26.30 points higher at 11387.10

After trading near the day’s high points throughout the session, equity benchmarks lost some sheen in the last hour, with the Nifty giving up 11,400. The Sensex managed to end the session just short of 37,700-mark.

The Sensex closed up 135.73 points or 0.36% at 37691.89, while the Nifty ended 26.30 points higher at 11387.10. The market breadth was narrow as 1,605 shares advanced, against a decline of 1,121 shares, while 176 shares were unchanged.

Banks led the gainers’ chart among all sectoral indices, while auto, energy and metals followed suit as well. In the broader markets, midcaps ended the day around half a percent higher.

Axis Bank, State Bank of India, and ICICI Bank were the top gainers, while Tata Motors, Kotak Mahindra Bank, GAIL and Dr Reddy’s Labs lost the most.

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Source:https://www.moneycontrol.com/news/business/markets/closing-bell-bulls-ensure-no-monday-blues-on-d-street-sensex-nifty-end-at-record-closing-highs-2806861.html
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Aug 5, 2018

MCX SUPPORT & RESISTANCE LEVEL (06 Aug 2018)


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NCDEX SUPPORT & RESISTANCE


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