INTELLECTUAL TRADING

Nifty weekly performance  (June 06, 2016 – June 10, 2016) : Indian markets registered losses during the week. For the entire week, the BSE Sensexdown 0.8%, while the NSE Nifty was down 0.6%. The index surged close to the 8,300 mark but eventually slipped lower in the end. It touched the upper edge of the rising channel, which would restrict any bullish advances immediately. On the lower side, 8,150 looks like an immediate support. A break below this support could push the index down to the lower edge of the channel at 8,000.  Nifty Prediction for Week   (June 13, 2016 – June 17, 2016): Support for the index lies in the zone of 8000 from where the index has broken out from the triple top formation. If the index manages to close below these levels then the index can drift to the levels of 7800 where 200 Daily SMA is lying. Resistance for the index lies in the zone of 8280 to 8340 where the index has created the gap on gap down opening in the month of Aug – 20...

Nifty weekly performance  (May 30, 2016 – June 03, 2016): Indian stock markets traded in the green during the week. For the entire week, the BSE Sensex was up by 0.71% and the NSE Nifty was up by 0.78%. The index ended this week on a flattish note after a sharp 400-point rally in the previous week. Although it has managed to cross the 8,200 mark,  but it seems like the momentum is slowing. Intraday charts suggest exhaustion.  8,150 remains a support to watch out for on an immediate basis and breach below it could setback the bulls.  Nifty Prediction for Week   (June 06, 2016 – June 10, 2016): Support for the index lies in the zone of 8000 from where the index has broken out from the triple top formation. If the index manages to close below these levels then the index can drift to the levels of 7800 where 200 Daily SMA is lying. Resistance for the index lies in the zone of 8250 to 8300 from where the index has sold off in the month of Oct – 2015. If...

The Indian market got off to a subdued start and thereafter traded in a narrow range for the most part of the day. However, in the second half, market saw a sudden spurt in buying post the opening of European markets and Nifty closed above 8200 mark. The formation of ‘Gravestone Doji’ candlestick pattern is negated as Nifty formed a Bullish candlestick and managed to close above the Gravestone Doji candle's high. Now going forward Nifty is approaching toward its major resistance level which is placed around 8240-8250 levels as its 61.8 per cent retracement level of down move from high of 9119 to low of 6825.80. Once this level is breached with volumes expect momentum to continue on the upside up to levels of 8330-8400. On the downside, good base has been formed in the last 3-4 trading sessions around levels of 8130-8150, hence, this zone should act as an immediate support level for Nifty. Hindustan Unilever : Hindustan Unilever has decided to split its food and refreshments bus...

Nifty weekly performance   (May 23, 2016 – May 27, 2016): Indian stock markets ended the week on a negative note. The BSE Sensex was up by 5.34%, while the NSE Nifty was up by 5.25%. The tug-o-war finally ended in favour of the bulls. They snapped back in style and have thrown the bears out of the ring with a 400-point move. It seems like the index could now trade in a range of 8,000 and 8,200 and consolidate its gains before making an up-move.  Nifty Prediction for Week   (May 30, 2016 – June 03, 2016): Support for the index lies in the zone of 8000 from where the index has broken out from the triple top formation. If the index manages to close below these levels then the index can drift to the levels of 7800 where 200 Daily SMA is lying. Resistance for the index lies in the zone of 8250 to 8300 from where the index has sold off in the month of Oct – 2015. If the index manages to close above these levels then the index can move to the levels of 8600 to 8650 l...

Nifty weekly performance  (May 16, 2016 – May 20, 2016): Indian stock markets ended the week on a negative note. The BSE Sensex was down by 0.74%, while the NSE Nifty was down by 0.74%.  The index ended the week with a loss of 0.83% at 7,750. The index slipped outside the 100-point range of 7,800 to 7,900 in the latter half of the week. It had traded in this range over the last 10 days and seems like bears are gain an edge.  Nifty Prediction for Week  (May 23, 2016 – May 27, 2016): Minor support for the index lies in the zone of 7700 to 7750. Support for the index lies in the zone of 7500 to 7550 from where the index has broken down after making the double bottom pattern and 100 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 7250 to 7300 where the index has opened gap up on 02/03/2016. The index has closed around the resistance zone of 7820 where 200 Daily SMA is lying. Resistanc...

Nifty weekly performance  (April 11, 2016 – April 13, 2016): Indian markets flourished in the green during the week. For the entire week, the BSE Sensex was up by 3.8% and the NSE Nifty was up by 3.9%.  The bulls snapped back into the ring and have pushed the bears in a corner after almost a 300-point rally in the Nifty in just 3 days. The index finally closed above the 7,800 levels with good volumes and are looking very strong at this point of time. The above surge came on the back of a slew of good news - forecast of an above-normal monsoon, dipping consumer price inflation and a rising Index of Industrial Production (IIP).  Nifty Prediction for Week  (April 18, 2016 – April 22, 2016): Support for the index lies in the zone of 7500 to 7550 from where the index has broken down after making the double bottom pattern and 100 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 7400 where the inde...

Nifty weekly performance  (March 21, 2016 – March 23, 2016): Indian indices registered gains during the three-day trading week as against previous week's closing. From its last week's closing till Wednesday, the BSE Sensex rose 1.5% and the NSE Nifty climbed 1.4%.  On Wednesday, Indian equity markets finished on a flat note amid strong European markets. At the closing bell, the BSE Sensex closed higher by 7 points, the NSE Nifty finished higher by 2 points. Sectoral indices finished mixed with metal and IT stocks leading the gains. Selling activity was seen in oil & gas and consumer durable stocks.  Nifty Prediction for Week  (March 28, 2016 – April 1, 2016): The index finally broke out above 7,600 levels on Monday after two-week long consolidation. This breakout has given bulls an advantage over the bears as 7,600 will now act as a cushion for them in the next few days. Support for the index lies in the zone of 7600 from where the index has broken...

Why Indian Stock Market is falling sharply? Nifty has seen 7% correction in January 2016 till date. There are so many factors for this downfall, but the main reason is Liquidity.       In Jan 2016 ,FIIs were net seller of Rs.12737 crores .  China problem was very well known from Year 2014 to mid of Year 2015,So China crissis is not main cause for India Down Fall. Actual Reasons behind this downfall First of all, when US FED hinted that they are going to raise interest rate in December 2015. If you look at FII data in Indian as well in emerging markets from May-2015, they started pulling money from all markets. Because of this, money that came from US has to go back, due to rise in interest rates in US. So, without FIIs money support, market was not able to move further positive and had seen selling pressure on every positive movement. Second reason is Crude. As crude price fell to 12 years low, many crude producing countries felt heat in their bu...

Dec 21st Week Nifty Performance The Nifty managed to end the shortened trading week with gains of 1.3%. Buyers were able to muster up courage and pushed the index up by a percent on Monday. This was despite weak cues from global markets over the weekend. Broader markets followed through for the remaining days of the week. The index seems to be firmly placed to advance higher from current levels. Bulls will have their sights fixed on the psychological mark of 8,000.  FII & DII Trading Activity DATES FII (Rs. Crore)2 DII (Rs. Crore)2 Net Purchase/Sales Net Purchase/Sales 23-Dec-15 385.82 632.64 22-Dec-15 168.73 238.36 21-Dec-15 37.37 62.7 591.92 933.7 Last Week Highlights: 1)  During the week, the Reserve Bank of India (RBI) warned state-run banks to stop paying excessive dividends to the shareholders. The statement was made as the risk of bad loans has increased c...

GST will simplify the taxation structure, which will encourage third-party logistics in India, reduce compliance cost, reduce number of warehouses and allow tax credit across the supply chain, making it more efficient Crisil Research said once the timeline is announced, firms can plan to set up  warehouses. He added consumer durables will be the biggest beneficiary of GST  and insisted that an improvement in the distribution process of FMCG goods is a must to see the effectiveness of the tax system. ET has collated a list of stocks recommended by various brokerage firms which are likely to benefit most post implementation of GST According to Kotak, companies like Exide Industries, Amara Raja Batteries, Jubilant FoodWorks, Asian Paints, Pidilite Industries, Britannia Industries, ITC and Marico are expected to benefit from the bill. According to Sharekhan, Gateway Distriparks and Concor will be major beneficiaries. It points out that over the long ...