Tag Archives: Nifty Prediction

Nifty Outlook for the Week (Dec 18, 2017 – Dec 22, 2017)

Equityandit’s Outlook for Nifty for week (Dec 18, 2017 – Dec 22, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that support for the index lies in the zone of 10000 to 10050 where medium term moving averages and low for the month of November-2017 are lying. If the index manages to close below these levels then the index can drift to the levels of 9650 to 9700 where 200 daily moving averages and lows for the month of August-2017 and September-2017 are lying. During the week the index manages to hit a low of 10141 and close the week around the levels of 10333.

Support for the index lies in the zone of 10000 to 10100 where medium term moving averages and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 9650 to 9700 where 200 daily moving averages and lows for the month of August-2017 and September-2017 are lying.

Resistance for the index lies in the zone of 10300 to 10400 where break down levels are lying. If the index manages to close above these levels then the index can move to the levels of 10600 to 10700 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying.

Broad range for the week is seen from 10000 on downside & 10600 on upside.

Nifty Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

Equityandit’s Outlook for Nifty for week (Dec 11, 2017 – Dec 15, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that support for the index lies in the zone of 10000 to 10050 where medium term moving averages and low for the month of November-2017 are lying. If the index manages to close below these levels then the index can drift to the levels of 9650 to 9700 where 200 daily moving averages and lows for the month of August-2017 and September-2017 are lying. During the week the index manages to hit a low of 10033 and close the week around the levels of 10266.

Support for the index lies in the zone of 10000 to 10050 where medium term moving averages and low for the month of November-2017 are lying. If the index manages to close below these levels then the index can drift to the levels of 9650 to 9700 where 200 daily moving averages and lows for the month of August-2017 and September-2017 are lying.

Resistance for the index lies in the zone of 10200 to 10300 where short term moving averages and break down levels are lying. If the index manages to close above these levels then the index can move to the levels of 10480 to 10520 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying.

Broad range for the week is seen from 9900 on downside & 10500 on upside.

Nifty Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

Equityandit’s Outlook for Nifty for week (Dec 04, 2017 – Dec 08, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 2.60%.

As we have mentioned last week, that minor support for the index lies in the zone of 10300 to 10320. Support for the index lies in the zone of 10200 to 10250 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10050 to 10150 where short term moving averages are lying. During the week the index manages to hit a low of 10109 and close the week around the levels of 10122.

Support for the index lies in the zone of 10000 to 10050 where medium term moving averages and low for the month of November-2017 are lying. If the index manages to close below these levels then the index can drift to the levels of 9650 to 9700 where 200 daily moving averages and lows for the month of August-2017 and September-2017 are lying.

Resistance for the index lies in the zone of 10200 to 10300 where short term moving averages and break down levels are lying. If the index manages to close above these levels then the index can move to the levels of 10480 to 10520 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying.

Broad range for the week is seen from 9700 on downside & 10400 on upside.

Nifty Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

Equityandit’s Outlook for Nifty for week (Nov 27, 2017 – Dec 01, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.00%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 10350 to 10400. Resistance for the index lies in the zone of 10480 to 10520 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10650 to 10700. During the week the index manages to hit a high of 10404 and close the week around the levels of 10390.

Minor support for the index lies in the zone of 10300 to 10320. Support for the index lies in the zone of 10200 to 10250 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10050 to 10150 where short term moving averages are lying.

Resistance for the index lies in the zone of 10480 to 10520 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10650 to 10700.

Broad range for the week is seen from 10200 on downside & 10600 on upside.

Nifty Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

Equityandit’s Outlook for Nifty for week (Nov 20, 2017 – Nov 24, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 0.40%.

As we have mentioned last week, that support for the index lies in the zone of 10200 to 10250 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10050 to 10100 where short term moving averages are lying. During the week the index manages to hit a low of 10094 and close the week around the levels of 10284.

Support for the index lies in the zone of 10200 to 10250 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10050 to 10100 where short term moving averages are lying.

Minor resistance for the index lies in the zone of 10350 to 10400. Resistance for the index lies in the zone of 10480 to 10520 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10650 to 10700.

Broad range for the week is seen from 10100 on downside & 10600 on upside.

Nifty Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

Equityandit’s Outlook for Nifty for week (Nov 13, 2017 – Nov 17, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 1.20%.

As we have mentioned last week, that minor support for the index lies in the zone of 10350 to 10400. Support for the index lies in the zone of 10200 to 10250 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10000 to 10050 where short term moving averages are lying. During the week the index manages to hit a low of 10254 and close the week around the levels of 10322.

Support for the index lies in the zone of 10200 to 10250 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10050 to 10100 where short term moving averages are lying.

Resistance for the index lies in the zone of 10400 to 10500 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10600 to 10700.

Broad range for the week is seen from 10100 on downside & 10600 on upside.

Nifty Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

Equityandit’s Outlook for Nifty for week (Nov 06, 2017 – Nov 10, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.25%.

As we have mentioned last week, that resistance for the index lies in the zone of 10350 to 10450 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10600 to 10700. During the week the index manages to hit a high of 10462 and close the week around the levels of 10452.

Minor support for the index lies in the zone of 10350 to 10400. Support for the index lies in the zone of 10200 to 10250 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10000 to 10050 where short term moving averages are lying.

Resistance for the index lies in the zone of 10400 to 10500 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10600 to 10700.

Broad range for the week is seen from 10200 on downside & 10700 on upside.

Nifty Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

Equityandit’s Outlook for Nifty for week (Oct 30, 2017 – Nov 03, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that minor support for the index lies in the zone of 10100 to 10130. Support for the index lies in the zone of 9950 to 10000 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9700 to 9750 where trend-line joining lows of August-2017 and September-2017 is lying. During the week the index manages to hit a low of 10124 and close the week around the levels of 10323.

Minor support for the index lies in the zone of 10200 to 10250. Support for the index lies in the zone of 10100 to 10130 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9950 to 10000 where short term moving averages are lying.

Resistance for the index lies in the zone of 10350 to 10450 where trend-line joining highs formed in the month of September-2016 and August-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10600 to 10700.

Broad range for the week is seen from 10000 on downside & 10600 on upside.

Nifty Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

Equityandit’s Outlook for Nifty for week (Oct 23, 2017 – Oct 27, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 0.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 10200 to 10250 where trend-line joining high of August-2017 and September-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10350 to 10400. During the week the index manages to hit a high of 10252 and close the week around the levels of 10147.

Minor support for the index lies in the zone of 10100 to 10130. Support for the index lies in the zone of 9950 to 10000 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9700 to 9750 where trend-line joining lows of August-2017 and September-2017 is lying.

Resistance for the index lies in the zone of 10200 to 10250 where trend-line joining high of August-2017 and September-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10350 to 10400.

Broad range for the week is seen from 10000 on downside & 10300 on upside.

Nifty Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

Equityandit’s Outlook for Nifty for week (Oct 16, 2017 – Oct 19, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.90%.

As we have mentioned last week, that resistance for the index lies in the zone of 10000 to 10050 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 10130 to 10180 where the index has formed a top in the month of August-2017 & September-2017. During the week the index manages to hit a high of 10192 and close the week around the levels of 10167.

Minor support for the index lies in the zone of 10100 to 10130. Support for the index lies in the zone of 9950 to 10000 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9700 to 9750 where trend-line joining lows of August-2017 and September-2017 is lying.

Resistance for the index lies in the zone of 10200 to 10250 where trend-line joining high of August-2017 and September-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 10350 to 10400.

Broad range for the week is seen from 10000 on downside & 10300 on upside.

Nifty Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

Equityandit’s Outlook for Nifty for week (Oct 09, 2017 – Oct 13, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 9840 to 9860. Resistance for the index lies in the zone of 9930 to 9960 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 10130 to 10180 where the index has formed a top in the month of August-2017 & September-2017. During the week the index manages to hit a high of 9989 and close the week around the levels of 9980.

Minor support for the index lies in the zone of 9830 to 9850. Support for the index lies in the zone of 9700 to 9740 from where the index broke out of June-2017 high and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9450 to 9500 where the index has taken support in the month of June-2017.

Resistance for the index lies in the zone of 10000 to 10050 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 10130 to 10180 where the index has formed a top in the month of August-2017 & September-2017.

Broad range for the week is seen from 9700 on downside & 10200 on upside.

Nifty Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

Equityandit’s Outlook for Nifty for week (Oct 03, 2017 – Oct 06, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 1.80%.

As we have mentioned last week, that support for the index lies in the zone of 9880 to 9920 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9700 to 9740 from where the index broke out of June-2017 high and medium term moving averages are lying. During the week the index manages to hit a low of 9789 and close the week around the levels of 9789.

Support for the index lies in the zone of 9700 to 9740 from where the index broke out of June-2017 high and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9450 to 9500 where the index has taken support in the month of June-2017.

Minor resistance for the index lies in the zone of 9840 to 9860. Resistance for the index lies in the zone of 9930 to 9960 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 10130 to 10180 where the index has formed a top in the month of August-2017 & September-2017.

Broad range for the week is seen from 9500 on downside & 10000 on upside.

Nifty Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

Equityandit’s Outlook for Nifty for week (Sep 25, 2017 – Sep 29, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 1.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 10100 to 10130 where the index has formed a top in the month of August-2017. If the index manages to close above these levels then the index can move to the levels of 10300 to 10400. During the week the index manages to hit a high of 10179 and close the week around the levels of 9964.

Support for the index lies in the zone of 9880 to 9920 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9700 to 9740 from where the index broke out of June-2017 high and medium term moving averages are lying.

Minor resistance for the index lies in the zone of 9980 to 10020. Resistance for the index lies in the zone of 10100 to 10130 where the index has formed a top in the month of August-2017. If the index manages to close above these levels then the index can move to the levels of 10300 to 10400.

Broad range for the week is seen from 9700 on downside & 10200 on upside.

Nifty Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

Equityandit’s Outlook for Nifty for week (Sep 18, 2017 – Sep 22, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that resistance for the index lies in the zone of 9950 to 10000 from where the index has broken down after consolidation. If the index manages to close above these levels then the index can move to the levels of 10080 to 10120 where the index has formed a top in the month of August-2017. During the week the index manages to hit a high of 10132 and close the week around the levels of 10085.

Minor support for the index lies in the zone of 9980 to 10020. Support for the index lies in the zone of 9880 to 9920 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9700 to 9740 from where the index broke out of June-2017 high.

Resistance for the index lies in the zone of 10100 to 10130 where the index has formed a top in the month of August-2017. If the index manages to close above these levels then the index can move to the levels of 10300 to 10400.

Broad range for the week is seen from 9800 on downside & 10300 on upside.

Nifty Outlook for the Week (Sep 11, 2017 – Sep 15, 2017)

Equityandit’s Outlook for Nifty for week (Sep 11, 2017 – Sep 15, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 0.50%.

As we have mentioned last week, that resistance for the index lies in the zone of 9950 to 10000 from where the index has broken down after consolidation. If the index manages to close above these levels then the index can move to the levels of 10080 to 10120 where the index has formed a top in the month of August-2017. During the week the index manages to hit a high of 9988 and close the week around the levels of 9935.

Minor support for the index lies in the zone of 9880 to 9910. Support for the index lies in the zone of 9830 to 9850 where short term moving averages are lying. Support for the index lies in the zone of 9700 to 9740 from where the index broke out of June-2017 high. If the index manages to close below these levels then the index can drift to the levels of 9550 to 9600 where medium term moving averages are lying.

Resistance for the index lies in the zone of 9950 to 10000 from where the index has broken down after consolidation. If the index manages to close above these levels then the index can move to the levels of 10080 to 10120 where the index has formed a top in the month of August-2017.

Broad range for the week is seen from 9700 on downside & 10100 on upside.

Nifty Outlook for the Week (Sep 04, 2017 – Sep 08, 2017)

Equityandit’s Outlook for Nifty for week (Sep 04, 2017 – Sep 08, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that support for the index lies in the zone of 9780 to 9810 where short term moving averages are lying. Support for the index lies in the zone of 9700 to 9740 from where the index broke out of June-2017 high. If the index manages to close below these levels then the index can drift to the levels of 9550 to 9600 where medium term moving averages are lying. During the week the index manages to hit a low of 9784 and close the week around the levels of 9975.

Minor support for the index lies in the zone of 9880 to 9910. Support for the index lies in the zone of 9800 to 9830 where short term moving averages are lying. Support for the index lies in the zone of 9700 to 9740 from where the index broke out of June-2017 high. If the index manages to close below these levels then the index can drift to the levels of 9550 to 9600 where medium term moving averages are lying.

Resistance for the index lies in the zone of 9950 to 10000 from where the index has broken down after consolidation. If the index manages to close above these levels then the index can move to the levels of 10080 to 10120 where the index has formed a top in the month of August-2017.

Broad range for the week is seen from 9800 on downside & 10200 on upside.

Nifty Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

Equityandit’s Outlook for Nifty for week (Aug 28, 2017 – Sep 01, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that support for the index lies in the zone of 9780 to 9810 where short term moving averages are lying. Support for the index lies in the zone of 9700 to 9740 from where the index broke out of June-2017 high. If the index manages to close below these levels then the index can drift to the levels of 9450 to 9500 where medium term moving averages are lying. During the week the index manages to hit a low of 9740 and close the week around the levels of 9857.

Support for the index lies in the zone of 9780 to 9810 where short term moving averages are lying. Support for the index lies in the zone of 9700 to 9740 from where the index broke out of June-2017 high. If the index manages to close below these levels then the index can drift to the levels of 9550 to 9600 where medium term moving averages are lying.

Resistance for the index lies in the zone of 9950 to 10000 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 10080 to 10120 where the index has formed a top.

Broad range for the week is seen from 9650 on downside & 10050 on upside.

Nifty Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

Equityandit’s Outlook for Nifty for week (Aug 21, 2017 – Aug 25, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 9770 to 9820 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 9950 to 10000 from where the index broke down after consolidation. During the week the index manages to hit a high of 9948 and close the week around the levels of 9837.

Support for the index lies in the zone of 9780 to 9810 where short term moving averages are lying. Support for the index lies in the zone of 9700 to 9740 from where the index broke out of June-2017 high. If the index manages to close below these levels then the index can drift to the levels of 9450 to 9500 where medium term moving averages are lying.

Resistance for the index lies in the zone of 9950 to 10000 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 10080 to 10120 where the index has formed a top.

Broad range for the week is seen from 9600 on downside & 10050 on upside.

Nifty Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

Equityandit’s Outlook for Nifty for week (Aug 14, 2017 – Aug 18, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 3.50%.

As we have mentioned last week that minor support for the index lies in the zone of 9980 to 10020. Support for the index lies in the zone of 9900 to 9930 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9700 to 9740 from where the index broke out of June-2017 highs and short term moving averages are lying. During the week the index manages to hit a low of 9686 and close the week around the levels of 9711.

Support for the index lies in the zone of 9700 to 9740 from where the index broke out of June-2017 high. If the index manages to close below these levels then the index can drift to the levels of 9450 to 9500 where medium term moving averages are lying.

Resistance for the index lies in the zone of 9770 to 9820 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 9950 to 10000 from where the index broke down after consolidation.

Broad range for the week is seen from 9400 on downside & 10000 on upside.

Nifty Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

Equityandit’s Outlook for Nifty for week (Aug 07, 2017 – Aug 11, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 0.50%.

As we have mentioned last week that resistance for the index lies in the zone of 10050 to 10100 where Fibonacci levels and channel resistance for the index is lying. If the index manages to close above these levels then the index can move to the levels of 10400 to 10500. During the week the index manages to hit a high of 10138 and close the week around the levels of 10066.

Minor support for the index lies in the zone of 9980 to 10020. Support for the index lies in the zone of 9900 to 9930 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9700 to 9740 from where the index broke out of June-2017 highs and short term moving averages are lying.

Resistance for the index lies in the zone of 10100 to 10150 where channel resistance for the index is lying. If the index manages to close above these levels then the index can move to the levels of 10400 to 10500.

Broad range for the week is seen from 9700 on downside & 10400 on upside.

Nifty Outlook for the Week (July 31, 2017 – Aug 04, 2017)

Equityandit’s Outlook for Nifty for week (July 31, 2017 – Aug 04, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.00%.

As we have mentioned last week, that resistance for the index lies in the zone of 9900 to 9930. If the index manages to close above these levels then the index can move to the levels of 10050 to 10100 where Fibonacci levels and channel resistance for the index is lying. During the week the index manages to hit a high of 10115 and close the week around the levels of 10014.

Minor support for the index lies in the zone of 9900 to 9930. Support for the index lies in the zone of 9670 to 9700 from where the index broke out of June-2017 highs and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9500 to 9550 where break out levels for the index is lying.

Resistance for the index lies in the zone of 10050 to 10100 where Fibonacci levels and channel resistance for the index is lying. If the index manages to close above these levels then the index can move to the levels of 10400 to 10500.

Broad range for the week is seen from 9700 on downside & 10400 on upside.

Nifty Outlook for the Week (July 24, 2017 – July 28, 2017)

Equityandit’s Outlook for Nifty for week (July 24, 2017 – July 28, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 0.30%.

As we have mentioned last week, that minor support for the index lies in the zone of 9770 to 9800. Support for the index lies in the zone of 9670 to 9700 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9500 to 9550 where short term moving averages are lying. During the week the index manages to hit a low of 9792 and close the week around the levels of 9915.

Resistance for the index lies in the zone of 9900 to 9930. If the index manages to close above these levels then the index can move to the levels of 10000 to 10050 where Fibonacci levels and channel resistance for the index is lying.

Minor support for the index lies in the zone of 9800 to 9820. Support for the index lies in the zone of 9670 to 9700 from where the index broke out of June-2017 highs. If the index manages to close below these levels then the index can drift to the levels of 9500 to 9550 where break out levels for the index is lying.

Resistance for the index lies in the zone of 9900 to 9930. If the index manages to close above these levels then the index can move to the levels of 10050 to 10100 where Fibonacci levels and channel resistance for the index is lying.

Broad range for the week is seen from 9700 on downside & 10100 on upside.

Nifty Outlook for the Week (July 17, 2017 – July 21, 2017)

Equityandit’s Outlook for Nifty for week (July 17, 2017 – July 21, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 2.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 9700 to 9750 where the index has formed a double top pattern. If the index manages to close above these levels then the index can move to the levels of 9880 to 9900. During the week the index manages to hit a high of 9913 and close the week around the levels of 9886.

Minor support for the index lies in the zone of 9770 to 9800. Support for the index lies in the zone of 9670 to 9700 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9500 to 9550 where short term moving averages are lying.

Resistance for the index lies in the zone of 9900 to 9930. If the index manages to close above these levels then the index can move to the levels of 10000 to 10050 where Fibonacci levels and channel resistance for the index is lying.

Broad range for the week is seen from 9700 on downside & 10050 on upside.

Nifty Outlook for the Week (July 10, 2017 – July 14, 2017)

Equityandit’s Outlook for Nifty for week (July 10, 2017 – July 14, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.50%.

As we have mentioned last week that minor resistance for the index lies in the zone of 9550 to 9580. Resistance for the index lies in the zone of 9700 to 9750 where the index has formed a double top pattern. If the index manages to close above these levels then the index can move to the levels of 9880 to 9900. During the week the index manages to hit a high of 9701 and close the week around the levels of 9666.

Minor support for the index lies in the zone of 9570 to 9620. Support for the index lies in the zone of 9400 to 9450 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where break out gap for the index is lying.

Resistance for the index lies in the zone of 9700 to 9750 where the index has formed a double top pattern. If the index manages to close above these levels then the index can move to the levels of 9880 to 9900.

Broad range for the week is seen from 9450 on downside & 9850 on upside.

Nifty Outlook for the Week (July 03, 2017 – July 07, 2017)

Equityandit’s Outlook for Nifty for week (July 03, 2017 – July 07, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 0.50%.

As we have mentioned last week that minor support for the index lies in the zone of 9530 to 9550. Support for the index lies in the zone of 9400 to 9450 where break out levels and short term moving averages for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where break out gap for the index is lying. During the week the index manages to hit a low of 9449 and close the week around the levels of 9521.

Support for the index lies in the zone of 9400 to 9450 where break out levels and short term moving averages for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where break out gap for the index is lying.

Minor resistance for the index lies in the zone of 9550 to 9580. Resistance for the index lies in the zone of 9700 to 9750 where the index has formed a double top pattern. If the index manages to close above these levels then the index can move to the levels of 9880 to 9900.

Broad range for the week is seen from 9300 on downside & 9700 on upside.

Nifty Outlook for the Week (June 27, 2017 – June 30, 2017)

Equityandit’s Outlook for Nifty for week (June 27, 2017 – June 30, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 0.15%.

As we have mentioned last week that minor resistance for the index lies in the zone of 9650 to 9680. Resistance for the index lies in the zone of 9730 to 9750. If the index manages to close above these levels then the index can move to the levels of 9880 to 9900. During the week the index manages to hit a high of 9699 and close the week around the levels of 9575.

Minor support for the index lies in the zone of 9530 to 9550. Support for the index lies in the zone of 9400 to 9450 where break out levels and short term moving averages for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where break out gap for the index is lying.

Minor resistance for the index lies in the zone of 9610 to 9630. Resistance for the index lies in the zone of 9700 to 9750 where the index has formed a double top pattern. If the index manages to close above these levels then the index can move to the levels of 9880 to 9900.

Broad range for the week is seen from 9350 on downside & 9750 on upside.

Nifty Outlook for the Week (June 19, 2017 – June 23, 2017)

Equityandit’s Outlook for Nifty for week (June 19, 2017 – June 23, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 0.80%.

As we have mentioned last week that minor support for the index lies in the zone of 9550 to 9600. Support for the index lies in the zone of 9350 to 9400 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where break out gap for the index is lying. During the week the index manages to hit a low of 9561 and close the week around the levels of 9588.

Minor support for the index lies in the zone of 9530 to 9550. Support for the index lies in the zone of 9350 to 9400 where break out levels and short term moving averages for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where break out gap for the index is lying.

Minor resistance for the index lies in the zone of 9650 to 9680. Resistance for the index lies in the zone of 9730 to 9750. If the index manages to close above these levels then the index can move to the levels of 9880 to 9900.

Broad range for the week is seen from 9400 on downside & 9800 on upside.

Nifty Outlook for the Week (June 12, 2017 – June 16, 2017)

Equityandit’s Outlook for Nifty for week (June 12, 2017 – June 16, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on absolutely flat note.

As we have mentioned last week that minor support for the index lies in the zone of 9550 to 9600. Support for the index lies in the zone of 9350 to 9400 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where break out gap for the index is lying. During the week the index manages to hit a low of 9608 and close the week around the levels of 9668.

Minor support for the index lies in the zone of 9550 to 9600. Support for the index lies in the zone of 9350 to 9400 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where break out gap for the index is lying.

Resistance for the index lies in the zone of 9730 to 9750. If the index manages to close above these levels then the index can move to the levels of 9880 to 9900.

Broad range for the week is seen from 9450 on downside & 9850 on upside.

Nifty Outlook for the Week (June 05, 2017 – June 09, 2017)

Equityandit’s Outlook for Nifty for week (June 05, 2017 – June 09, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 0.60%.

As we have mentioned last week that minor support for the index lies in the zone of 9500 to 9520. Support for the index lies in the zone of 9350 to 9400 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where short term moving averages are lying. During the week the index manages to hit a low of 9548 and close the week around the levels of 9653.

Minor support for the index lies in the zone of 9550 to 9600. Support for the index lies in the zone of 9350 to 9400 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where break out gap for the index is lying.

Resistance for the index lies in the zone of 9730 to 9750. If the index manages to close above these levels then the index can move to the levels of 9880 to 9900.

On 07/06/2017 Wednesday the RBI will be concluding the two day Policy meet. So the index can witness some volatility.

Broad range for the week is seen from 9450 on downside & 9850 on upside.

Nifty Outlook for the Week (May 29, 2017 – June 02, 2017)

Equityandit’s Outlook for Nifty for week (May 29, 2017 – June 02, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.80%.

As we have mentioned last week that minor support for the index lies in the zone of 9350 to 9380. Support for the index lies in the zone of 9200 to 9250 where the index had opened gap up and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9070 to 9130 where Fibonacci levels. During the week the index manages to hit a low of 9341 and close the week around the levels of 9595.

Minor support for the index lies in the zone of 9500 to 9520. Support for the index lies in the zone of 9350 to 9400 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 9200 to 9250 where short term moving averages are lying.

Resistance for the index lies in the zone of 9700 to 9730. If the index manages to close above these levels then the index can move to the levels of 9880 to 9900.

Broad range for the week is seen from 9400 on downside & 9800 on upside.

Nifty Outlook for the Week (May 22, 2017 – May 26, 2017)

Equityandit’s Outlook for Nifty for week (May 22, 2017 – May 26, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 0.30%.

As we have mentioned last week that minor support for the index lies in the zone of 9350 to 9380. Support for the index lies in the zone of 9200 to 9250 where the index had opened gap up. If the index manages to close below these levels then the index can drift to the levels of 9070 to 9130 where Fibonacci levels and short term moving averages are lying. During the week the index manages to hit a low of 9391 and close the week around the levels of 9428.

Minor support for the index lies in the zone of 9350 to 9380. Support for the index lies in the zone of 9200 to 9250 where the index had opened gap up and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9070 to 9130 where Fibonacci levels.

Resistance for the index lies in the zone of 9420 to 9460 where Fibonacci extension is lying. If the index manages to close above these levels then the index can move to the levels of 9550 to 9600.

Broad range for the week is seen from 9200 on downside & 9600 on upside.

Nifty Outlook for the Week (May 15, 2017 – May 19, 2017)

Equityandit’s Outlook for Nifty for week (May 15, 2017 – May 19, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 1.20%.

As we have mentioned last week that minor resistance for the index lies in the zone of 9340 to 9360. Resistance for the index lies in the zone of 9420 to 9460 where Fibonacci extension is lying. If the index manages to close above these levels then the index can move to the levels of 9600. During the week the index manages to hit a high of 9451 and close the week around the levels of 9401.

Minor support for the index lies in the zone of 9350 to 9380. Support for the index lies in the zone of 9200 to 9250 where the index had opened gap up. If the index manages to close below these levels then the index can drift to the levels of 9070 to 9130 where Fibonacci levels and short term moving averages are lying.

Resistance for the index lies in the zone of 9420 to 9460 where Fibonacci extension is lying. If the index manages to close above these levels then the index can move to the levels of 9600.

Broad range for the week is seen from 9200 on downside & 9600 on upside.

Nifty Outlook for the Week (May 08, 2017 – May 12, 2017)

Equityandit’s Outlook for Nifty for week (May 08, 2017 – May 12, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 0.20%.

As we have mentioned last week that minor support for the index lies in the zone of 9250 to 9270. Support for the index lies in the zone of 9170 to 9220 from where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of around 9020 to 9070 where lows for the month of April-2017 and the index has opened gap up. During the week the index manages to hit a low of 9270 and close the week around the levels of 9285.

Minor support for the index lies in the zone of 9250 to 9270. Support for the index lies in the zone of 9170 to 9220 from where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of around 9020 to 9070 where lows for the month of April-2017 and the index has opened gap up.

Minor resistance for the index lies in the zone of 9340 to 9360. Resistance for the index lies in the zone of 9420 to 9460 where Fibonacci extension is lying. If the index manages to close above these levels then the index can move to the levels of 9600.

Broad range for the week is seen from 9100 on downside & 9500 on upside.

Nifty Outlook for the Week (May 02, 2017 – May 05, 2017)

Equityandit’s Outlook for Nifty for week (May 02, 2017 – May 05, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 2.00%.

As we have mentioned last week that minor resistance for the index lies in the zone of 9170 to 9200. Resistance for the index lies in the zone of 9220 to 9250 from where the index sold off on intraday basis. If the index manages to close above these levels then the index can move to the levels of around 9300 to 9350. During the week the index manages to hit a high of 9367 and close the week around the levels of 9304.

Minor support for the index lies in the zone of 9250 to 9270. Support for the index lies in the zone of 9170 to 9220 from where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of around 9020 to 9070 where lows for the month of April-2017 and the index has opened gap up.

Minor resistance for the index lies in the zone of 9340 to 9360. Resistance for the index lies in the zone of 9420 to 9460 where Fibonacci extension is lying. If the index manages to close above these levels then the index can move to the levels of 9600.

Broad range for the week is seen from 9100 on downside & 9500 on upside.

Nifty Outlook for the Week (April 24, 2017 – April 28, 2017)

Equityandit’s Outlook for Nifty for week (April 24, 2017 – April 28, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 0.30%.

As we have mentioned last week that minor resistance for the index lies in the zone of 9220 to 9240. Resistance for the index lies in the zone of 9270 to 9300. If the index manages to close above these levels then the index can move to the levels of 9400 to 9450 where Fibonacci extension is lying. During the week the index manages to hit a high of 9218 and close the week around the levels of 9119.

Minor support for the index lies in the zone of 9070 to 9080. Support for the index lies in the zone of 9020 to 9050 where the index has formed a short term bottom. If the index manages to close below these levels then the index can drift to the levels of 8930 to 8970 where the index has formed a gap on gap up opening.

Minor resistance for the index lies in the zone of 9170 to 9200. Resistance for the index lies in the zone of 9220 to 9250 from where the index sold off on intraday basis. If the index manages to close above these levels then the index can move to the levels of around 9300 to 9350.

Broad range for the week is seen from 8900 on downside & 9300 on upside.

Nifty Outlook for the Week (April 17, 2017 – April 21, 2017)

Equityandit’s Outlook for Nifty for week (April 17, 2017 – April 21, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on negative note losing around 0.50%.

As we have mentioned last week that minor resistance for the index lies in the zone of 9220 to 9240. Resistance for the index lies in the zone of 9270 to 9300. If the index manages to close above these levels then the index can move to the levels of 9400 to 9450 where Fibonacci extension is lying. During the week the index manages to hit a high of 9246 and close the week around the levels of 9151.

Minor support for the index lies in the zone of 9120 to 9140. Support for the index lies in the zone of 9020 to 9050 where the index has formed a short term bottom. If the index manages to close below these levels then the index can drift to the levels of 8930 to 8970 where the index has formed a gap on gap up opening.

Minor resistance for the index lies in the zone of 9220 to 9240. Resistance for the index lies in the zone of 9270 to 9300. If the index manages to close above these levels then the index can move to the levels of 9400 to 9450 where Fibonacci extension is lying.

Broad range for the week is seen from 8900 on downside & 9300 on upside.

Nifty Outlook for the Week (April 10, 2017 – April 13, 2017)

Equityandit’s Outlook for Nifty for week (April 10, 2017 – April 13, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 0.30%.

As we have mentioned last week that minor resistance for the index lies in the zone of 9150 to 9180. Resistance for the index lies in the zone of 9220 to 9250 where the index has formed a top in the month of March-2017. If the index manages to close above these levels then the index can move to the levels of 9400 to 9450 where Fibonacci extension is lying. During the week the index manages to hit a high of 9274 and close the week around the levels of 9198.

Minor support for the index lies in the zone of 9120 to 9140. Support for the index lies in the zone of 9020 to 9050 where the index has formed a short term bottom. If the index manages to close below these levels then the index can drift to the levels of 8930 to 8970 where the index has formed a gap on gap up opening.

Minor resistance for the index lies in the zone of 9220 to 9240. Resistance for the index lies in the zone of 9270 to 9300. If the index manages to close above these levels then the index can move to the levels of 9400 to 9450 where Fibonacci extension is lying.

Broad range for the week is seen from 9000 on downside & 9400 on upside.

Nifty Outlook for the Week (April 03, 2017 – April 07, 2017)

Equityandit’s Outlook for Nifty for week (April 03, 2017 – April 07, 2017):

NIFTY:

 

NIFTY

 

Nifty closed the week on positive note gaining around 0.70%.

As we have mentioned last week that minor resistance for the index lies in the zone of 9150 to 9180. Resistance for the index lies in the zone of 9220 to 9250 where the index has formed a short term top. If the index manages to close above these levels then the index can move to the levels of 9400 to 9450 where Fibonacci extension is lying. During the week the index manages to hit a high of 9192 and close the week around the levels of 9169.

Minor support for the index lies in the zone of 9100 to 9130. Support for the index lies in the zone of 9020 to 9050 where the index has formed a short term bottom. If the index manages to close below these levels then the index can drift to the levels of 8930 to 8970 where the index has formed a gap on gap up opening.

Minor resistance for the index lies in the zone of 9150 to 9180. Resistance for the index lies in the zone of 9220 to 9250 where the index has formed a top in the month of March-2017. If the index manages to close above these levels then the index can move to the levels of 9400 to 9450 where Fibonacci extension is lying.

Broad range for the week is seen from 9000 on downside & 9400 on upside.

Nifty Outlook for the Week (March 27, 2017 – March 31, 2017)

Equityandit’s Outlook for Nifty for week (March 27, 2017 – March 31, 2017):

NIFTY:

 

NIFTY

 

Nifty ended the week on negative note losing around 0.60%.

As we have mentioned last week that support for the index lies in the zone of 9080 to 9120 from where the index broke out of the previous highs. If the index manages to close below these levels then the index can drift to the levels of 8950 to 8980 levels where the index has formed a gap. During the week the index manages to hit a low of 9019 and close the week around the levels of 9108.

Minor support for the index lies in the zone of 9050 to 9070. Support for the index lies in the zone of 8950 to 8980 where the index has formed a gap. If the index manages to close below these levels then the index can drift to the levels of 8820 to 8850 where the index has taken multiple support and short term moving averages are lying.

Minor resistance for the index lies in the zone of 9150 to 9180. Resistance for the index lies in the zone of 9220 to 9250 where the index has formed a short term top. If the index manages to close above these levels then the index can move to the levels of 9400 to 9450 where Fibonacci extension is lying.

Broad range for the week is seen from 8900 on downside & 9300 on upside.

Nifty Outlook for the Week (March 20, 2017 – March 24, 2017)

Equityandit’s Outlook for Nifty for week (March 20, 2017 – March 24, 2017):

NIFTY:

 

NIFTY

 

Nifty ended the week on positive note gaining around 2.50%.

As we have mentioned last week that resistance for the index lies in the zone of 8970 to 9000 where the index had made a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of 9080 to 9120 where life time highs for the index is lying. During the week the index manages to hit a high of 9218 and close the week around the levels of 9160.

Support for the index lies in the zone of 9080 to 9120 from where the index broke out of the previous highs. If the index manages to close below these levels then the index can drift to the levels of 8950 to 8980 levels where the index has formed a gap.

The index is trading at life time highs so virtually no resistance is visible. Resistance for the index lies in the zone of 9220 to 9250. If the index manages to close above these levels then the index can move to the levels of 9400 to 9450 where Fibonacci extension is lying.

Broad range for the week is seen from 8900 on downside & 9300 on upside.

Nifty Outlook for the Week (March 14, 2017 – March 17, 2017)

Equityandit’s Outlook for Nifty for week (March 14, 2017 – March 17, 2017):

NIFTY:

 

NIFTY

 

Nifty ended the week on positive note gaining around 0.40%.

As we have mentioned last week that minor support for the index lies in the zone of 8850 to 8870. Support for the index lies in the zone of 8780 to 8810 where the index had opened gap up. If the index manages to close below these levels then the index can drift of 8600 to 8650 from where the index broke out of January-2017 highs. During the week the index manages to hit a low of 8892 and close the week around the levels of 8935.

Minor support for the index lies in the zone of 8850 to 8870. Support for the index lies in the zone of 8780 to 8810 where the index had opened gap up. If the index manages to close below these levels then the index can drift of 8600 to 8650 from where the index broke out of January-2017 highs.

Resistance for the index lies in the zone of 8970 to 9000 where the index had made a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of 9080 to 9120 where life time highs for the index is lying.

On 11th March results of 5 state elections are going to be announced and the markets are closed on 13th March Monday. So Indian market can witnessed a major gap up or down opening on 14th March Tuesday.

Broad range for the week is seen from 8700 on downside & 9100 on upside.

Nifty Outlook for the Week (March 06, 2017 – March 10, 2017)

Equityandit’s Outlook for Nifty for week (March 06, 2017 – March 10, 2017):

NIFTY:

 

NIFTY

 

Nifty ended the week on negative note losing around 0.50%.

As we have mentioned last week that minor support for the index lies in the zone of 8840 to 8880. Support for the index lies in the zone of 8780 to 8810 where the index had opened gap up. If the index manages to close below these levels then the index can drift of 8600 to 8650 from where the index broke out of January-2017 highs. During the week the index manages to hit a low of 8860 and close the week around the levels of 8898.

Minor support for the index lies in the zone of 8850 to 8870. Support for the index lies in the zone of 8780 to 8810 where the index had opened gap up. If the index manages to close below these levels then the index can drift of 8600 to 8650 from where the index broke out of January-2017 highs.

Resistance for the index lies in the zone of 8900 to 8950 where the index had made a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of 9050 to 9100 where life time highs for the index is lying.

Broad range for the week is seen from 8700 on downside to 9100 on upside.

 

Nifty Outlook for the Week (February 27, 2017 – March 03, 2017)

Equityandit’s Outlook for Nifty for week (February 27, 2017 – March 03, 2017):

NIFTY:

 

NIFTY

 

Nifty ended the week on positive note gaining around 1.30%.

As we have mentioned last week that minor resistance for the index lies in the zone of 8800 to 8820. Resistance for the index lies in the zone of 8900 to 8950 where the index had made a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of 9050 to 9100 where life time highs for the index is lying. During the week the index manages to hit a high of 8982 and close the week around the levels of 8939.

Minor support for the index lies in the zone of 8840 to 8880. Support for the index lies in the zone of 8780 to 8810 where the index had opened gap up. If the index manages to close below these levels then the index can drift of 8600 to 8650 from where the index broke out of January-2017 highs.

Resistance for the index lies in the zone of 8900 to 8950 where the index had made a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of 9050 to 9100 where life time highs for the index is lying.

Broad range for the week is seen from 8700 on downside to 9100 on upside.

Nifty Outlook for the Week (February 20, 2017 – February 24, 2017)

EquityPandit’s Outlook for Nifty for week (February 20, 2017 – February 24, 2017):

NIFTY:

 

NIFTY

 

Nifty ended the week on positive note gaining around 0.30%.

As we have mentioned last week that minor support for the index lies in the zone of 8680 to 8720. Support for the index lies in the zone of 8460 to 8510 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift of 8280 to 8330 from where the index broke out of the declining trend-line and 200 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 8100 to 8150 where Fibonacci levels and highs of December-2016 are lying. During the week the index manages to hit a low of 8713 and close the week around the levels of 8822.

Minor support for the index lies in the zone of 8720 to 8750. Support for the index lies in the zone of 8550 to 8600 from where the index broke out. If the index manages to close below these levels then the index can drift of 8350 to 8400 where Fibonacci levels and 200 Daily SMA is lying.

Minor resistance for the index lies in the zone of 8800 to 8820. Resistance for the index lies in the zone of 8900 to 8950 where the index had made a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of 9050 to 9100 where life time highs for the index is lying.

Broad range for the week is seen from 8700 on downside to 9100 on upside.

Nifty Outlook for the Week (February 13, 2017 – February 17, 2017)

EquityPandit’s Outlook for Nifty for week (February 13, 2017 – February 17, 2017):

NIFTY:

 

NIFTY

 

Nifty ended the week on positive note gaining around 0.60%.

As we have mentioned last week that minor resistance for the index lies in the zone of 8800 to 8820. Resistance for the index lies in the zone of 8900 to 8950 where the index had made a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of 9050 to 9100 where life time highs for the index is lying. During the week the index manages to hit a hit of 8822 and close the week around the levels of 8794.

Minor support for the index lies in the zone of 8680 to 8720. Support for the index lies in the zone of 8460 to 8510 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift of 8280 to 8330 from where the index broke out of the declining trend-line and 200 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 8100 to 8150 where Fibonacci levels and highs of December-2016 are lying.

Minor resistance for the index lies in the zone of 8800 to 8820. Resistance for the index lies in the zone of 8900 to 8950 where the index had made a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of 9050 to 9100 where life time highs for the index is lying.

Broad range for the week is seen from 8600 on downside to 9000 on upside.

Nifty Outlook for the Week (February 06, 2017 – February 10, 2017)

EquityPandit’s Outlook for Nifty for week (February 06, 2017 – February 10, 2017):

NIFTY:

 

NIFTY

 

Nifty ended the week on positive note gaining around 1.20%.

As we have mentioned last week that resistance for the index lies in the zone of 8680 to 8720 from where the index sold off in the month of October-2016. If the index manages to close above these levels then the index can move to the levels of 8880 to 8920. During the week the index manages to hit a high of 8758 and close the week around the levels of 8741.

Minor support for the index lies in the zone of 8650 to 8680. Support for the index lies in the zone of 8460 to 8510 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift of 8280 to 8320 from where the index broke out of the declining trend-line and 200 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 8100 to 8150 where Fibonacci levels and highs of December-2016 are lying.

Minor resistance for the index lies in the zone of 8800 to 8820. Resistance for the index lies in the zone of 8900 to 8950 where the index had made a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of 9050 to 9100 where life time highs for the index is lying.

Broad range for the week is seen from 8500 on downside to 9000 on upside.

Nifty Outlook for the Week (January 30, 2017 – February 03, 2017)

EquityPandit’s Outlook for Nifty for week (January 30, 2017 – February 03, 2017):

NIFTY:

 

NIFTY

 

Nifty ended the week on positive note gaining around 3.50%.

As we have mentioned last week that resistance for the index lies in the zone of 8460 to 8510 where Fibonacci ratio, gap on gap down opening on 11/11/2016 is lying. If the index manages to close above these levels then the index can move to the levels of 8680 to 8720 from where the index sold off in the month of October-2016. During the week the index manages to hit a high of 8673 and close the week around the levels of 8641.

Support for the index lies in the zone of 8460 to 8510 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift of 8280 to 8320 from where the index broke out of the declining trend-line and 200 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 8100 to 8150 where Fibonacci levels and highs of December-2016 are lying.

Resistance for the index lies in the zone of 8680 to 8720 from where the index sold off in the month of October-2016. If the index manages to close above these levels then the index can move to the levels of 8880 to 8920.

On 1st February 2017 the Government is going to announce the Union Budget so very high level of volatility can be witnessed in the market.

Broad range for the week is seen from 8200 on downside to 8900 on upside.

Nifty Outlook for the Week (January 23, 2017 – January 27, 2017)

EquityPandit’s Outlook for Nifty for week (January 23, 2017 – January 27, 2017):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 0.60%.

As we have mentioned last week that Resistance for the index lies in the zone of 8460 to 8510 where Fibonacci ratio, gap on gap down opening on 11/11/2016 is lying. If the index manages to close above these levels then the index can move to the levels of 8680 to 8720 from where the index sold off in the month of October-2016. During the week the index manages to hit a high of 8460 and close the week around the levels of 8349.

Support for the index lies in the zone of 8280 to 8320 from where the index broke out of the declining trend-line and 200 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 8100 to 8150 where Fibonacci ratios and short term moving averages are lying.

Resistance for the index lies in the zone of 8460 to 8510 where Fibonacci ratio, gap on gap down opening on 11/11/2016 is lying. If the index manages to close above these levels then the index can move to the levels of 8680 to 8720 from where the index sold off in the month of October-2016.

Broad range for the week is seen from 8100 on downside to 8500 on upside.

Nifty Outlook for the Week (January 16, 2017 – January 20, 2017)

EquityPandit’s Outlook for Nifty for week (January 16, 2017 – January 20, 2017):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 1.90%.

As we have mentioned last week that major resistance for the index lies in the zone of 8280 to 8320 where declining trend-line joining highs of 07/09/2016, 23/09/2016 and 24/10/2016 and medium & long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 8450 to 8500 where neckline of the H & S pattern of 8500 to 8900 is lying. During the week the index manages to hit a high of 8461 and close the week around the levels of 8400.

Support for the index lies in the zone of 8280 to 8320 from where the index broke out of the declining trend-line and 200 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 8100 to 8150 where Fibonacci ratios and short term moving averages are lying.

Resistance for the index lies in the zone of 8460 to 8510 where Fibonacci ratio, gap on gap down opening on 11/11/2016 is lying. If the index manages to close above these levels then the index can move to the levels of 8680 to 8720 from where the index sold off in the month of October-2016.

Broad range for the week is seen from 8200 on downside to 8600 on upside.

Nifty Outlook for the Week (January 09, 2017 – January 13, 2017)

EquityPandit’s Outlook for Nifty for week (January 09, 2017 – January 13, 2017):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 0.70%.

As we have mentioned last week that resistance for the index lies in the zone of 8250 to 8300 where the index has form a right shoulder of the H & S pattern and medium & long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 8450 to 8500 where neckline of the H & S pattern of 8500 to 8900 is lying. During the week the index manages to hit a high of 8307 and close the week around the levels of 8244.

Minor support for the index lies in the zone of 8200 to 8220. Support for the index lies in the zone of 8080 to 8100 from where the index broke out on intraday basis. Support for the index lies in the zone of 7900 to 8000 levels from where the index has bounced couple of times in recent past and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500 to 7700.

Major resistance for the index lies in the zone of 8280 to 8320 where declining trend-line joining highs of 07/09/2016, 23/09/2016 and 24/10/2016 and medium & long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 8450 to 8500 where neckline of the H & S pattern of 8500 to 8900 is lying.

The index is trading around the major resistance zone of 8280 to 8320.

Broad range for the week is seen from 8000 on downside to 8500 on upside.

Nifty Outlook for the Week (January 02, 2017 – January 06, 2017)

EquityPandit’s Outlook for Nifty for week (January 02, 2017 – January 06, 2017):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 2.50%.

As we have mentioned last week that support for the index lies in the zone of 7900 to 8000 levels from where the index has bounced couple of times in recent past and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500 to 7700. During the week the index manages to hit a low of 7894 and close the week around the levels of 8186.

Minor support for the index lies in the zone of 8080 to 8120. Support for the index lies in the zone of 7900 to 8000 levels from where the index has bounced couple of times in recent past and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500 to 7700.

Resistance for the index lies in the zone of 8250 to 8300 where the index has form a right shoulder of the H & S pattern and medium & long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 8450 to 8500 where neckline of the H & S pattern of 8500 to 8900 is lying.

Broad range for the week is seen from 8000 on downside to 8400 on upside.

Nifty Outlook for the Week (December 26, 2016 – December 30, 2016)

EquityPandit’s Outlook for Nifty for week (December 26, 2016 – December 30, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 1.90%.

As we have mentioned last week that minor support for the index lies in the zone of 8100 to 8150 on intraday basis. Support for the index lies in the zone of 7900 to 8000 levels from where the index has bounced couple of times in recent past and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500. During the week the index manages to hit a low of 7942 and close the week around the levels of 7986.

Support for the index lies in the zone of 7900 to 8000 levels from where the index has bounced couple of times in recent past and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500 to 7700.

Minor resistance for the index lies in the zone of 8050 to 8100. Resistance for the index lies in the zone of 8250 to 8300 where the index has form a right shoulder of the H & S pattern. If the index manages to close above these levels then the index can move to the levels of 8450 to 8500 where neckline of the H & S pattern of 8500 to 8900 is lying.

Broad range for the week is seen from 7750 on downside to 8150 on upside.

Nifty Outlook for the Week (December 19, 2016 – December 23, 2016)

EquityPandit’s Outlook for Nifty for week (December 19, 2016 – December 23, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 1.48%.

As we have mentioned last week that minor support for the index lies in the zone of 8100 to 8150 on intraday basis. Support for the index lies in the zone of 7900 to 8000 levels from where the index has bounced couple of times in recent past and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500. During the week the index manages to hit a low of 8122 and close the week around the levels of 8139.

Minor support for the index lies in the zone of 8100 to 8150 on intraday basis. Support for the index lies in the zone of 7900 to 8000 levels from where the index has bounced couple of times in recent past and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500.

Resistance for the index lies in the zone of 8250 to 8300 where the index can form a right shoulder of the H & S pattern. If the index manages to close above these levels then the index can move to the levels of 8450 to 8500 where neckline of the H & S pattern of 8500 to 8900 is lying.

Broad range for the week is seen from 7900 on downside to 8300 on upside.

Nifty Outlook for the Week (December 12, 2016 – December 16, 2016)

EquityPandit’s Outlook for Nifty for week (December 12, 2016 – December 16, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 2.20%.

As we have mentioned last week that resistance for the index lies in the zone of 8250 to 8300 where the index can form a right shoulder of the H & S pattern. If the index manages to close above these levels then the index can move to the levels of 8450 to 8500 where neckline of the H & S pattern of 8500 to 8900 is lying. During the week the index manages to hit a high of 8275 and close the week around the levels of 8262.

Minor support for the index lies in the zone of 8100 to 8150 on intraday basis. Support for the index lies in the zone of 7900 to 8000 levels from where the index has bounced couple of times in recent past and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500.

Resistance for the index lies in the zone of 8250 to 8300 where the index can form a right shoulder of the H & S pattern. If the index manages to close above these levels then the index can move to the levels of 8450 to 8500 where neckline of the H & S pattern of 8500 to 8900 is lying.

Next week on 13th & 14th December the market has to deal with major event as FED is meeting for the Rate Hike decision. Generally the Rate Hike decision is a setback for the emerging markets in short term so Markets can be highly volatile.

Broad range for the week is seen from 7850 on downside to 8450 on upside.

Nifty Outlook for the Week (December 05, 2016 – December 09, 2016)

EquityPandit’s Outlook for Nifty for week (December 05, 2016 – December 09, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 0.30%.

As we have mentioned last week that resistance for the index lies in the zone of 8250 to 8300 where the index can form a right shoulder of the H & S pattern. If the index manages to close above these levels then the index can move to the levels of 8450 to 8500 where neckline of the H & S pattern of 8500 to 8900 is lying. So it may be possible that the index can bounce from these levels of 8000 to 8300 to complete the right shoulder. During the week the index manages to hit a high of 8251 and close the week around the levels of 8087.

Support for the index lies in the zone of 7900 to 8000 levels from where the index has bounced couple of times in recent past and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500.

Resistance for the index lies in the zone of 8250 to 8300 where the index can form a right shoulder of the H & S pattern. If the index manages to close above these levels then the index can move to the levels of 8450 to 8500 where neckline of the H & S pattern of 8500 to 8900 is lying.

Now in coming weeks if the index breaks below the levels of 7900 to 8000 on closing basis then index can form a Bearish H & S pattern. The targets for the same can be in the range of 7100 to 7200.

Broad range for the week is seen from 7850 on downside to 8350 on upside.

Nifty Outlook for the Week (November 28, 2016 – December 02, 2016)

EquityPandit’s Outlook for Nifty for week (November 28, 2016 – December 02, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 0.50%.

As we have mentioned last week that the index has closed just below the 200 Daily SMA. Support for the index lies in the zone of 8000 to 8100 levels from where the index has bounced couple of times in recent past and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500. During the week the index manages to hit a low of 7916 and close the week around the levels of 8114.

The index has closed just below the 200 Daily SMA. Support for the index lies in the zone of 7900 to 8000 levels from where the index has bounced couple of times in recent past and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500.

Resistance for the index lies in the zone of 8250 to 8300 where the index can form a right shoulder of the H & S pattern. If the index manages to close above these levels then the index can move to the levels of 8450 to 8500 where neckline of the H & S pattern of 8500 to 8900 is lying.

The index can form a H & S pattern where left shoulder is from 8000 to 8300 and Head being the rally from 8000 to 8950 and a drop to the levels of 8000. So it may be possible that the index can bounce from these levels of 8000 to 8300 to complete the right shoulder.

Broad range for the week is seen from 7950 on downside to 8350 on upside.

Nifty Outlook for the Week (November 21, 2016 – November 25, 2016)

EquityPandit’s Outlook for Nifty for week (November 21, 2016 – November 25, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 2.70%.

As we have mentioned last week that support for the index lies in the zone of 8000 to 8200 levels where long term moving averages are lying and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500. During the week the index manages to hit a low of 8048 and close the week around the levels of 8074.

The index has closed just below the 200 Daily SMA. Support for the index lies in the zone of 8000 to 8100 levels from where the index has bounced couple of times in recent past and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500.

Resistance for the index lies in the zone of 8250 to 8300 where the index can form a right shoulder of the H & S pattern. If the index manages to close above these levels then the index can move to the levels of 8450 to 8500 where neckline of the H & S pattern of 8500 to 8900 is lying.

The index can form a H & S pattern where left shoulder is from 8000 to 8300 and Head being the rally from 8000 to 8950 and a drop to the levels of 8000. So it may be possible that the index can bounce from these levels of 8000 to 8300 to complete the right shoulder. Coming few weeks are very crucial for the markets as the levels of 8000 may be make or break levels.

Broad range for the week is seen from 7800 on downside to 8200 on upside.

Nifty Outlook for the Week (November 15, 2016 – November 18, 2016)

EquityPandit’s Outlook for Nifty for week (November 15, 2016 – November 18, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 1.60%.

As we have mentioned last week that the index has broken the trend-line joining the lows of March, April, May & June also coincides with the support zone of 8500 to 8550. Support for the index lies in the zone of 8350 to 8400 where the index has formed a gap on 11/07/2016. If the index breaks below these levels on closing basis then the index can drift to the levels of 8000 to 8100 levels where long term moving averages are lying. It seems the index has formed a H & S pattern where neckline lies around the levels of 8500 to 8550. If the index has broken this pattern then the target for this can be in the range of 8100. During the week the index manages to hit a low of 8002 and close the week around the levels of 8296.

Support for the index lies in the zone of 8000 to 8200 levels where long term moving averages are lying and this range is the strong support zone for the index. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of around 7500.

Resistance for the index lies in the zone of 8500 to 8550 levels, which was holding the index since August – 2016. If the index manages to close above these levels then the index can move to the levels of 8650 to 8700.

As FII are the net sellers in Cash & Futures Segment we may see index consolidating in the range of 8000 on downside to 8500 on upside for few weeks.

Broad range for the week is seen from 8000 on downside to 8500 on upside.

Nifty Outlook for the Week (November 07, 2016 – November 11, 2016)

EquityPandit’s Outlook for Nifty for week (November 07, 2016 – November 11, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 2.20%.

As we have mentioned last week that minor resistance for the index lies in the zone of 8680 to 8720. Resistance for the index lies in the zone of 8810 to 8850 levels from where the index has broken down. If the index closes above these levels then the index can move to the levels of 8900 to 8950 where the index has made a top in the month of September – 2016. During the week the index manages to hit a high of 8670 and close the week around the levels of 8434.

The index has broken the trend-line joining the lows of March, April, May & June also coincides with the support zone of 8500 to 8550. Support for the index lies in the zone of 8350 to 8400 where the index has formed a gap on 11/07/2016. If the index breaks below these levels on closing basis then the index can drift to the levels of 8000 to 8100 levels where long term moving averages are lying.

Resistance for the index lies in the zone of 8500 to 8550 levels, which was holding the index since August – 2016. If the index manages to close above these levels then the index can move to the levels of 8650 to 8700.

It seems the index has formed a H & S pattern where neckline lies around the levels of 8500 to 8550. If the index has broken this pattern then the target for this can be in the range of 8100. The coming week can be highly volatile for global markets as Unites States is going for elections.

Broad range for the week is seen from 8100 on downside to 8700 on upside.

Nifty Outlook for the Week (November 01, 2016 – November 04, 2016)

EquityPandit’s Outlook for Nifty for week (November 01, 2016 – November 04, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 0.60%.

As we have mentioned last week that minor resistance for the index lies in the zone of 8650 to 8700. Resistance for the index lies in the zone of 8810 to 8850 levels from where the index has broken down. If the index closes above these levels then the index can move to the levels of 8900 to 8950 where the index has made a top in the month of September – 2016. During the week the index manages to hit a high of 8737 and close the week around the levels of 8638.

Support for the index lies in the zone of 8500 to 8550 from where the index has bounced in the month of July – 2016 and August – 2016. The trend-line joining the lows of March, April, May & June also coincides with the support zone of 8500 to 8550. If the index manages to break this trend-line, the up-trend in which the index is moving since March will be broken and we can see the index drifting lower. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of 8350 and then 8000 levels can also be not ruled out.

Minor resistance for the index lies in the zone of 8680 to 8720. Resistance for the index lies in the zone of 8810 to 8850 levels from where the index has broken down. If the index closes above these levels then the index can move to the levels of 8900 to 8950 where the index has made a top in the month of September – 2016.

Broad range for the week is seen from 8450 on downside to 8850 on upside.

Nifty Outlook for the Week (October 24, 2016 – October 28, 2016)

EquityPandit’s Outlook for Nifty for week (October 24, 2016 – October 28, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 1.30%.

As we have mentioned last week that support for the index lies in the zone of 8500 to 8550 from where the index has bounced in the month of July – 2016 and August – 2016. The trend-line joining the lows of March, April, May & June also coincides with the support zone of 8500. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of 8350 and then 8000 levels can also be not ruled out. During the week the index manages to hit a low of 8506 and close the week around the levels of 8693.

Support for the index lies in the zone of 8500 to 8550 from where the index has bounced in the month of July – 2016 and August – 2016. The trend-line joining the lows of March, April, May & June also coincides with the support zone of 8500. If the index manages to break this trend-line, the up-trend in which the index is moving since March will be broken and we can see the index drifting lower. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of 8350 and then 8000 levels can also be not ruled out.

Minor resistance for the index lies in the zone of 8650 to 8700. Resistance for the index lies in the zone of 8810 to 8850 levels from where the index has broken down. If the index closes above these levels then the index can move to the levels of 8900 to 8950 where the index has made a top in the month of September – 2016.

Broad range for the week is seen from 8450 on downside to 8850 on upside.

Nifty Outlook for the Week (October 17, 2016 – October 21, 2016)

EquityPandit’s Outlook for Nifty for week (October 17, 2016 – October 21, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 1.30%.

As we have mentioned last week that Support for the index lies in the zone of 8500 to 8550 from where the index has bounced in the month of July – 2016 and August – 2016. The trend-line joining the lows of March, April, May & June also coincides with the support zone of 8500. If the index manages to break this trend-line, the up-trend in which the index is moving since March will be broken and we can see the index drifting lower. During the week the index manages to hit a low of 8541 and close the week around the levels of 8583.

Support for the index lies in the zone of 8500 to 8550 from where the index has bounced in the month of July – 2016 and August – 2016. The trend-line joining the lows of March, April, May & June also coincides with the support zone of 8500. If the index manages to break this trend-line, the up-trend in which the index is moving since March will be broken and we can see the index drifting lower. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of 8350 and then 8000 levels can also be not ruled out.

Minor resistance for the index lies in the zone of 8650 to 8700. Resistance for the index lies in the zone of 8810 to 8850 levels from where the index has broken down. If the index closes above these levels then the index can move to the levels of 8900 to 8950 where the index has made a top in the month of September – 2016.

Broad range for the week is seen from 8300 on downside to 8700 on upside.

Nifty Outlook for the Week (October 10, 2016 – October 14, 2016)

EquityPandit’s Outlook for Nifty for week (October 10, 2016 – October 14, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 1.00%.

As we have mentioned last week that resistance for the index lies in the zone of 8680 to 8720 levels from where the index has broken down. If the index closes above these levels then the index can move to the levels of 8900 to 8950 where the index has made a top in the month of September – 2016. During the week the index manages to hit a high of 8807 and close the week around the levels of 8697.

Support for the index lies in the zone of 8500 to 8550 from where the index has bounced in the month of July – 2016 and August – 2016. The trend-line joining the lows of March, April, May & June also coincides with the support zone of 8500. If the index manages to break this trend-line, the up-trend in which the index is moving since March will be broken and we can see the index drifting lower. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of 8350 and then 8000 levels can also be not ruled out.

Minor resistance for the index lies in the zone of 8680 to 8720. Resistance for the index lies in the zone of 8810 to 8850 levels from where the index has broken down. If the index closes above these levels then the index can move to the levels of 8900 to 8950 where the index has made a top in the month of September – 2016.

Broad range for the week is seen from 8500 on downside to 8900 on upside.

 

 

Nifty Outlook for the Week (October 03, 2016 – October 07, 2016)

EquityPandit’s Outlook for Nifty for week (October 03, 2016 – October 07, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 2.50%.

As we have mentioned last week that support for the index lies in the zone of 8680 to 8710 from where the index broke out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 8600 to 8650 where short term moving averages are lying. During the week the index manages to hit a low of 8555 and close the week around the levels of 8611.

Support for the index lies in the zone of 8500 to 8550 from where the index has bounced in the month of July – 2016 and August – 2016. The trend-line joining the lows of March, April, May & June also coincides with the support zone of 8500. If the index manages to break this trend-line the up-trend in which the index is moving since March will be broken and we can see the index drifting lower. If the index breaks below these levels on closing basis for couple of days then the index can drift to the levels of 8350 and then 8000 levels can also be not ruled out.

Resistance for the index lies in the zone of 8680 to 8720 levels from where the index has broken down. If the index closes above these levels then the index can move to the levels of 8900 to 8950 where the index has made a top in the month of September – 2016.

Broad range for the week is seen from 8300 on downside to 8850 on upside.

Nifty Outlook for the Week (September 26, 2016 – September 30, 2016)

EquityPandit’s Outlook for Nifty for week (September 26, 2016 – September 30, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 0.60%.

As we have mentioned last week that support for the index lies in the zone of 8680 to 8710 from where the index broke out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 8600 to 8650 where short term moving averages are lying. During the week the index manages to hit a low of 8757 and close the week around the levels of 8831.

Support for the index lies in the zone of 8680 to 8710 from where the index broke out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 8600 to 8650 where short term moving averages are lying.

Minor resistance for the index lies in the zone of 8850. Resistance for the index lies in the zone of 8950 to 9000. If the index manages to close above these levels then the index can move to the levels of 9100 where life time high for the index is lying.

Broad range for the week is seen from 8600 on downside to 9000 on upside.

Nifty Outlook for the Week (September 19, 2016 – September 23, 2016)

EquityPandit’s Outlook for Nifty for week (September 19, 2016 – September 23, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 1.00%.

As we have mentioned last week that minor support for the index lies in the zone of 8800. Support for the index lies in the zone of 8700 to 8730 from where the index broke out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 8600 to 8650 where short term moving averages are lying. During the week the index manages to hit a low of 8689 and close the week around the levels of 8780.

Support for the index lies in the zone of 8680 to 8710 from where the index broke out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 8600 to 8650 where short term moving averages are lying.

Minor resistance for the index lies in the zone of 8850. Resistance for the index lies in the zone of 8950 to 9000. If the index manages to close above these levels then the index can move to the levels of 9100 where life time high for the index is lying.

Broad range for the week is seen from 8600 on downside to 9000 on upside.

Nifty Outlook for the Week (September 12, 2016 – September 16, 2016)

EquityPandit’s Outlook for Nifty for week (September 12, 2016 – September 16, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 0.60%.

As we have mentioned last week that Resistance for the index lies in the zone of 8800 to 8850. If the index manages to close above these levels then the index can move to the levels of 9000 to 9100 where life time high for the index is lying. During the week the index manages to hit a high of 8969 and close the week around the levels of 8867.

Minor support for the index lies in the zone of 8800. Support for the index lies in the zone of 8700 to 8730 from where the index broke out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 8600 to 8650 where short term moving averages are lying.

Resistance for the index lies in the zone of 8950 to 9000. If the index manages to close above these levels then the index can move to the levels of 9100 where life time high for the index is lying.

Broad range for the week is seen from 8600 on downside to 9000 on upside.

Nifty Outlook for the Week (September 06, 2016 – September 09, 2016)

EquityPandit’s Outlook for Nifty for week (September 06, 2016 – September 09, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 2.80%.

As we have mentioned last week that resistance for the index lies in the zone of 8700 to 8750 levels where the index has made a short term top. If the index manages to close above these levels then the index can move to the levels of 8800 to 8850. During the week the index manages to hit a high of 8824 and close the week around the levels of 8810.

Minor support for the index lies in the zone of 8700 to 8720. Support for the index lies in the 8580 to 8620 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 8350 to 8400 where the index has created a gap on 11/07/2016.

Resistance for the index lies in the zone of 8800 to 8850. If the index manages to close above these levels then the index can move to the levels of 9000 to 9100 where life time high for the index is lying.

Broad range for the week is seen from 8600 on downside to 9000 on upside.

Nifty Outlook for the Week (August 29, 2016 – September 02, 2016)

EquityPandit’s Outlook for Nifty for week (August 29, 2016 – September 02, 2016):

NIFTY:

 

NIFTY

 

Nifty ended the week on negative note losing around 1.10%.

As we have mentioned last week that minor support for the index lies in the zone of 8550 to 8600. Support for the index lies in the zone of 8350 to 8400 where the index has created the gap up opening on 11/07/2016. If the index manages to close below these levels then the index can drift to the levels of 8200 to 8250 where medium term moving averages are lying. During the week the index manages to hit a low of 8547 and close the week around the levels of 8573.

Support for the index lies in the zone of 8350 to 8400 where the index has created the gap up opening on 11/07/2016. If the index manages to close below these levels then the index can drift to the levels of 8200 to 8250 where medium term moving averages are lying.

Resistance for the index lies in the zone of 8700 to 8750 levels where the index has made a short term top. If the index manages to close above these levels then the index can move to the levels of 8800 to 8850.

The index has broken the inclining H & S pattern formed from 8530 to 8730. Neckline for H & S pattern is around the levels of 8580. The index has closed below the neckline levels and the target for the same can be around the levels of 8350 to 8400.

Broad range for the week is seen from 8350 on downside to 8700 on upside.

Nifty Outlook for the Week (August 22, 2016 – August 26, 2016)

EquityPandit’s Outlook for Nifty for week (August 22, 2016 – August 26, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on absolutely flat note.

As we have mentioned last week that resistance for the index lies in the zone of 8700 to 8750 levels where the index has made a short term top. If the index manages to close above these levels then the index can move to the levels of 8800 to 8850. During the week the index manages to hit a high of 8697 and close the week around the levels of 8667.

Minor support for the index lies in the zone of 8550 to 8600. Support for the index lies in the zone of 8350 to 8400 where the index has created the gap up opening on 11/07/2016. If the index manages to close below these levels then the index can drift to the levels of 8200 to 8250 where medium term moving averages are lying.

Resistance for the index lies in the zone of 8700 to 8750 levels where the index has made a short term top. If the index manages to close above these levels then the index can move to the levels of 8800 to 8850.

Broad range for the week is seen from 8550 on downside to 8850 on upside.

Nifty Outlook for the Week (August 16, 2016 – August 19, 2016)

EquityPandit’s Outlook for Nifty for week (August 16, 2016 – August 19, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on absolutely flat note.

As we have mentioned last week that minor support for the index lies in the zone of 8500 to 8550. Support for the index lies in the zone of 8350 to 8400 where the index has created the gap up opening on 11/07/2016. If the index manages to close below these levels then the index can drift to the levels of 8100 to 8150 where medium term moving averages are lying. During the week the index manages to hit a low of 8540 and close the week around the levels of 8672.

Minor support for the index lies in the zone of 8500 to 8550. Support for the index lies in the zone of 8350 to 8400 where the index has created the gap up opening on 11/07/2016. If the index manages to close below these levels then the index can drift to the levels of 8100 to 8150 where medium term moving averages are lying.

Resistance for the index lies in the zone of 8700 to 8750 levels where the index has made a short term top. If the index manages to close above these levels then the index can move to the levels of 8800 to 8850.

Broad range for the week is seen from 8450 on downside to 8850 on upside.

Nifty Outlook for the Week (August 08, 2016 – August 12, 2016)

EquityPandit’s Outlook for Nifty for week (August 08, 2016 – August 12, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 0.50%.

As we have mentioned last week that resistance for the index lies in the zone of 8600 to 8650 levels from where the index has sold off in the month of July – 2015. If the index manages to close above these levels then the index can move to the levels of 8800 to 8850. During the week the index manages to hit a high of 8711 and close the week around the levels of 8683.

Minor support for the index lies in the zone of 8500 to 8550. Support for the index lies in the zone of 8350 to 8400 where the index has created the gap up opening on 11/07/2016. If the index manages to close below these levels then the index can drift to the levels of 8100 to 8150 where medium term moving averages are lying.

Resistance for the index lies in the zone of 8650 to 8700 levels where the index has made a short term top. If the index manages to close above these levels then the index can move to the levels of 8800 to 8850.

Broad range for the week is seen from 8500 on downside to 8850 on upside.

Nifty Outlook for the Week (August 01, 2016 – August 05, 2016)

EquityPandit’s Outlook for Nifty for week (August 01, 2016 – August 05, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 1.10%.

As we have mentioned last week that resistance for the index lies in the zone of 8600 to 8650 levels from where the index has sold off in the month of July – 2015. If the index manages to close above these levels then the index can move to the levels of 8800 to 8850. During the week the index manages to a high of 8675 and close the week around the levels of 8638.

Minor support for the index lies in the zone of 8580 to 8600. Support for the index lies in the zone of 8350 to 8400 where the index has created the gap up opening on 11/07/2016. If the index manages to close below these levels then the index can drift to the levels of 8100 to 8150 where medium term moving averages are lying.

Resistance for the index lies in the zone of 8600 to 8650 levels from where the index has sold off in the month of July – 2015. If the index manages to close above these levels then the index can move to the levels of 8800 to 8850.

Broad range for the week is seen from 8450 on downside to 8850 on upside.

Nifty Outlook for the Week (July 25, 2016 – July 29, 2016)

EquityPandit’s Outlook for Nifty for week (July 22, 2016 – July 29, 2016):

NIFTY:

 

NIFTY

 

Nifty ended the week on absolutely flat note.

As we have mentioned last week that resistance for the index lies in the zone of 8600 to 8650 levels from where the index has sold off in the month of July – 2015. If the index manages to close above these levels then the index can move to the levels of 8800 to 8850. During the week the index manages to hit a high of 8587 and close the week around the levels of 8541.

Minor support for the index lies in the zone of 8350 to 8400 where the index has created the gap on gap up opening on 11/07/2016. Support for the index lies in the zone of 8200 to 8250 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 8000 to 8050 where medium term moving averages are lying.

Resistance for the index lies in the zone of 8600 to 8650 levels from where the index has sold off in the month of July – 2015. If the index manages to close above these levels then the index can move to the levels of 8800 to 8850.

Broad range for the week is seen from 8350 on downside to 8750 on upside.

Nifty Outlook for the Week (July 18, 2016 – July 22, 2016)

EquityPandit’s Outlook for Nifty for week (July 18, 2016 – July 22, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 2.60%.

As we have mentioned last week that resistance for the index lies in the zone of 8340 to 8360 where the index has created the gap on gap down opening in the month of Aug – 2015. If the index manages to close above these levels then the index can move to the levels of 8600 to 8650 levels. During the week the index manages to hit a high of 8595 and close the week around the levels of 8541.

Minor support for the index lies in the zone of 8350 to 8400 where the index has created the gap on gap up opening on 11/07/2016. Support for the index lies in the zone of 8200 to 8250 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 8000 to 8050 where medium term moving averages are lying.

Resistance for the index lies in the zone of 8600 to 8650 levels from where the index has sold off in the month of July – 2015. If the index manages to close above these levels then the index can move to the levels of 8800 to 8850.

Broad range for the week is seen from 8350 on downside to 8750 on upside.

Share Market Tips for – Monday, July 11, 2016

equitypandit_square

Market Ready To See Next Positive Rally With A Breakout

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit predicted that Market would see further correction before any positive rally. EquityPandit also predicted that Intraday traders can go short in Nifty if it breaches levels of 8315 levels and BankNifty, if it breaches 17985 levels and exactly same happened. Indian Stock Market opened flat and breached EquityPandit’s predicted levels to see sharp downfall. Traders, who followed EquityPandit’s suggestion might have earned decent profits for the day. Finally, Indian Stock Market closed negative for the day.

Today: Indian Stock Market would open gap positive. Technically, Indian Stock Market is still in positive zone. Now, Market would see positive rally. Market is ready to see a sharp breakout and Traders should go long at every dip in the market for excellent profits.
FIIs were net buyers of Rs.330.62 crores whereas DIIs were net sellers of Rs.512.67 crores in cash market for last trading session. Nifty would see strong support at 8315-8300-8280-8240 whereas strong resistance would be seen at 8370-8385-8400-8450 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8323) The support for the Nifty is 8315-8300-8280-8240 and the resistance to the up move is at 8370-8385-8400-8450 levels.

NSE BankNifty: (18016) The support for BankNifty is at 17985-17950-17800-17740 and the resistance to the up move is at 18150-18220-18380-18500 levels.

BSE Sensex: (27127) The support for the Sensex is at 27110-26950-26870-26720 and the resistance to the up move is at 27295-27385-27450-27600 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Nifty Outlook for the Week (July 11, 2016 – July 15, 2016)

EquityPandit’s Outlook for Nifty for week (July 11, 2016 – July 15, 2016):

NIFTY:

 

nifty

Nifty ended the week on absolutely flat note.

As we have mentioned last week that minor support for the index lies in the zone of 8220 to 8250. 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 7770 to 7800 where 200 Daily SMA is lying. During the week the index manages to hit a low of 8287 and close the week around the levels of 8323.

Minor support for the index lies in the zone of 8220 to 8250. 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 7770 to 7800 where 200 Daily SMA is lying.

Resistance for the index lies in the zone of 8340 to 8360 where the index has created the gap on gap down opening in the month of Aug – 2015. If the index manages to close above these levels then the index can move to the levels of 8600 to 8650 levels.

Broad range for the week is seen from 8150 on downside to 8550 on upside.

Share Market Tips for – Friday, July 08, 2016

equitypandit_square

Market To See Further Correction Before Any Positive Rally

 

Last Trading Session: Indian Stock Market Opened flat for the day. EquityPandit predicted that some correction would be seen before further positive movement and exactly same happened. Market consolidated in rangebound region for past 2 trading sessions and saw some correction. Traders, who followed EquityPandit’s advice might have earned decent profits for the day. Finally, Indian Stock Market closed flat with positive bias.

Today: Indian Stock Market would open flat with negative bias. Technically, Indian Stock Market is still in positive zone. Market is in consolidation range. Market has formed Doji Pattern. Now if Nifty breaches levels of 8317 then it can see some further correction that can take Nifty to 8280-8250 levels. Overall Market is positive but some further correction can’t be ruled out before next positive movement. Traders can go short in the market if Nifty breaches levels of 8315 with stoploss of 8365 levels on spot basis. Breaching levels of 8365 on the positive side would force market to see further positive movement. BankNifty can be shorted below 17985 levels and could be bought above 18150 levels. BankNifty if breaches 18150 levels, then it would see a further positive rally.
FIIs were net sellers of Rs.299.51 crores whereas DIIs were net sellers of Rs.159.98 crores in cash market for last trading session. Nifty would see strong support at 8315-8300-8280-8240 whereas strong resistance would be seen at 8365-8385-8400-8450 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8338) The support for the Nifty is 8315-8300-8280-8240 and the resistance to the up move is at 8365-8385-8400-8450 levels.

NSE BankNifty: (18085) The support for BankNifty is at 17985-17950-17800-17740 and the resistance to the up move is at 18150-18220-18380-18500 levels.

BSE Sensex: (27201) The support for the Sensex is at 27110-26950-26870-26720 and the resistance to the up move is at 27288-27385-27450-27600 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Nifty Outlook for the Week (July 04, 2016 – July 08, 2016)

EquityPandit’s Outlook for Nifty for week (July 04, 2016 – July 08, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 3.00%.

As we have mentioned last week that 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 7770 to 7800 where 200 Daily SMA is lying. During the week the index manages to hit a low of 8039 and close the week around the levels of 8328.

Minor support for the index lies in the zone of 8220 to 8250. 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 7770 to 7800 where 200 Daily SMA is lying.

Resistance for the index lies in the zone of 8340 to 8360 where the index has created the gap on gap down opening in the month of Aug – 2015. If the index manages to close above these levels then the index can move to the levels of 8600 to 8650 levels.

Broad range for the week is seen from 8100 on downside to 8500 on upside.

Share Market Tips for – Friday, July 01, 2016

equitypandit_square

Market To See Breakout If Nifty Holds 8300 and BankNifty Holds 18000 Levels

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened Gap Positive. EquityPandit predicted that Market is still in positive zone and traders should hold long positions as of now. EquityPandit’s predicted target of 8300 for Nifty got achieved. Market closed just below EquityPandit’s predicted Resistance of 8300 for Nifty and 17952 for BankNifty like a dot. Traders, who followed EquityPandit’s advice to hold long positions might have earned whopping profits for the day. Finally, Indian Stock Market closed gap positive for the day.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive zone. Today, it looks like market may see a breakout and breach levels of 8300 for Nifty and 18000 for BankNifty. Some correction may be seen near these levels but breaching these resistance levels with volumes would force market to see further positive rally. Traders are suggested to hold long positions or buy at dips in this market. Breaching 8300 for Nifty with volumes would force market to see 8440 levels in upcoming days. If BankNifty closes above 18000 levels and Nifty closes above 8300 levels then Market would confirm a long Inverse Head and Shoulder Pattern with the targets of 8450-8500 for Nifty and 18240-18380-18500 for BankNifty. If Market has to go down then it would rebound from current levels only else a sharp breakout would be confirmed.
FIIs were net buyers of Rs.1107.42 crores whereas DIIs were net sellers of Rs.190.76 crores in cash market for last trading session. Nifty would see strong support at 8240-8200-8160 whereas strong resistance would be seen at 8332-8385-8450-8500 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8288) The support for the Nifty is 8240-8200-8160 and the resistance to the up move is at 8332-8385-8450-8500 levels.

NSE BankNifty: (17935) The support for BankNifty is at 18800-18740-17600-17470 and the resistance to the up move is at 18000-18052-18139-18220-18380 levels.

BSE Sensex: (27000) The support for the Sensex is at 26870-26720-26620-26540-26300 and the resistance to the up move is at 27195-27385-27450-27600 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Thursday, June 30, 2016

equitypandit_square

Market Would Continue To See Positive Movement, Hold Long Positions

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened Gap Positive. EquityPandit predicted that Market has entered into positive zone and would see sharp positive movement. Market achieved EquityPandit’s target of 8200 for Nifty. Traders, who followed EquityPandit’s advice to go long might have earned huge profits for the day. Finally, Indian Stock Market closed gap positive for the day.

Today: Indian Stock Market would open Gap Positive. Technically, Indian Stock Market is still in positive zone. Market would see further positive movement and some resistance would be seen at 8255-8272-8300 levels for Nifty. If Nifty managed to breach these levels on closing basis, then a big breakout would be seen. BankNifty if breaches levels of 17885-18000 then it would see a big breakout. Brexit worries have been eased and Traders should hold long positions for now. Today is F&O Expiry, so some sharp volatility is not ruled out.
FIIs were net buyers of Rs.102.91 crores whereas DIIs were net sellers of Rs.20.19 crores in cash market for last trading session. Nifty would see strong support at 8160-8100-8080 whereas strong resistance would be seen at 8240-8255-8272-8300 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8204) The support for the Nifty is 8160-8100-8080 and the resistance to the up move is at 8240-8255-8272-8300 levels.

NSE BankNifty: (17690) The support for BankNifty is at 17620-17470-17330 and the resistance to the up move is at 17760-17827-17952-18029 levels.

BSE Sensex: (26740) The support for the Sensex is at 26720-26600-26540-26300 and the resistance to the up move is at 26822-26940-27030-27195 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Wednesday, June 29, 2016

equitypandit_square

Market Entered Positive Zone, Traders Can Go Long At Every Dip

 

Last Trading Session: Indian Stock Market opened flat for the day. EquityPandit predicted that Market would see some positive reaction after a flat opening and exactly same happened. EquityPandit predicted that Market would enter into positive zone once Market closes above 8120 levels for Nifty and 17560 levels for BankNifty and same happened. Market recovered from day lows and managed to close above EquityPandit’s predicted levels. Nifty saw highs right on EquityPandit’s predicted resistance levels of 8145 like a dot. BankNifty also saw highs right near EquityPandit’s predicted resistance levels of 17620 like a dot. Finally, Indian Stock Market closed positive for the day.

Today: Indian Stock Market would open Gap Positive. Technically, Indian Stock Market has entered into positive zone. Now Nifty would see further positive movement. Nifty would see immediate support at 8080 levels. Now, Next target for Nifty would be seen at 8175-8200-8240 levels. EquityPandit is expecting a big breakout or breakdown in next couple of days. EquityPandit would surely capture the breakout or breakdown at best possible levels, so traders are suggested to follow the trends very closely. For now, Traders should go long at every dip in the market.
FIIs were net sellers of Rs.190.43 crores whereas DIIs were net sellers of Rs.242.71 crores in cash market for last trading session. Nifty would see strong support at 8080-8030-8000-7980 whereas strong resistance would be seen at 8145-8180-8200-8240 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8128) The support for the Nifty is 8080-8030-8000-7980 and the resistance to the up move is at 8145-8180-8200-8240 levels.

NSE BankNifty: (17562) The support for BankNifty is at 17480-17300-17195-17050 and the resistance to the up move is at 17620-17652-17827-18000 levels.

BSE Sensex: (26525) The support for the Sensex is at 26380-26215-26128 and the resistance to the up move is at 26600-26687-26822-27950 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, June 28, 2016

equitypandit_square

Market Would Remain In Negative Zone Until Nifty Closes Above 8120 Levels

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative for the day. EquityPandit predicted that Market would open gap negative but some positive reaction cannot be ruled out and exactly same happened. Indian Stock Market opened gap negative but recovered and saw highs near EquityPandit’s predicted resistance levels. BankNifty saw strong resistance near EquityPandit’s predicted resistance levels of 17570 levels but closed below those levels. Nifty also closed below EquityPandit’s predicted resistance levels of 8110 levels. Finally, Indian Stock Market closed flat for the day.

Today: Indian Stock Market would open negative. Technically, Indian Stock Market is still in negative zone. Market may see some positive reaction after a flat to negative opening but it would be considered negative until BankNifty closes above 17560 levels and Nifty closes above 8120 levels. If Market managed to close above 8120 levels for Nifty and 17560 levels for BankNifty then it would enter into positive zone and traders should take long positions home. Until then all positive rally is a shorting opportunity.
FIIs were net sellers of Rs.146.11 crores whereas DIIs were net sellers of Rs.147.07 crores in cash market for last trading session. Nifty would see strong support at 8030-8000-7980-7940-7900 whereas strong resistance would be seen at 8120-8145-8180-8240 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8095) The support for the Nifty is 8030-8000-7980-7940-7900 and the resistance to the up move is at 8120-8145-8180-8240 levels.

NSE BankNifty: (17515) The support for BankNifty is at 17300-17195-17050-16960 and the resistance to the up move is at 17560-17620-17652-17827 levels.

BSE Sensex: (26403) The support for the Sensex is at 26215-26128-26060-25950 and the resistance to the up move is at 26500-26687-26822 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Monday, June 27, 2016

equitypandit_square

Market In Negative Zone But Would Remain Highly Volatile Post Brexit

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative for the day. EquityPandit predicted that Market would open gap negative and see a further downfall. Indian Stock Market moved sharply negative and saw a 4% intraday downfall in a single day on Brexit event. Market recovered to some extent by the end of the trading session. Finally, Indian Stock Market closed gap negative for the day.

Today: Indian Stock Market would open negative. Now Market has entered into negative zone . Some positive reaction cannot be ruled out but Market would be considered negative until Nifty closes above 8145 levels. Nifty to see immediate resistance at 8110-8145 levels on closing basis. Closing above 8145 levels would force Nifty to see targets of 8180-8240-8280 levels. If Market closes below levels of 8060 then we may see 8000-7940-7900 levels in days to come. Market would be full of uncertainty for the week as lot of things would happen after Brexit polls like UK PM Cameron would step down, New PM would take position, EU would provide offers to UK to stay, etc. All this would keep market volatile. So, traders are suggested to trade in small quantity. The Most affected sectors would be IT, Pharma, Auto and Steel sectors. Now, it looks like Market is ready to see a big breakout or breakdown after many days of consolidation in a range of 8000-8300 levels. EquityPandit’s Mathematical model expects that Market is ready to see around 1500-2000 points movement in BankNifty and around 400-500 for Nifty on either side which would be confirmed in next couple of days. For now, market is in negative zone and traders should go short at every positive movement near resistance levels.
FIIs were net sellers of Rs.629.14 crores whereas DIIs were net buyers of Rs.114.94 crores in cash market for last trading session. Nifty would see strong support at 8060-8000-7980-7940-7900 whereas strong resistance would be seen at 8110-8145-8180-8240 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8089) The support for the Nifty is 8060-8000-7980-7940-7900 and the resistance to the up move is at 8110-8145-8180-8240 levels.

NSE BankNifty: (17426) The support for BankNifty is at 17300-17195-17050-16960-16875 and the resistance to the up move is at 17480-17570-17652-17827 levels.

BSE Sensex: (26398) The support for the Sensex is at 26215-26128-26060-25950 and the resistance to the up move is at 26471-26687-26822 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Nifty Outlook for the Week (June 27, 2016 – July 01, 2016)

EquityPandit’s Outlook for Nifty for week (June 27, 2016 – July 01, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 1.00%.

As we have mentioned last week that 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 – 2015. If the index manages to close above these levels then the index can move to the levels of 8600 to 8650 levels. During the week the index manages to hit a high of 8285 and close the week around the levels of 8089.

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 7770 to 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 – 2015. If the index manages to close above these levels then the index can move to the levels of 8600 to 8650 levels.

Broad range for the week is seen from 7800 on downside to 8300 on upside.

Share Market Tips for – Friday, June 24, 2016

equitypandit_square

Market To Open Gap Negative But Next Move Would Depend On Brexit Final Results

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat with just 2 points negative for Nifty. EquityPandit predicted that further movement would be dependent on Brexit Event. EquityPandit also predicted that Market is still in positive zone but would see immediate resistance at 8272 levels and exactly same happened. Indian Stock Market moved negative in initial trade but recovered sharply in second half of the trading session. BankNifty also saw strong support right near EquityPandit’s predicted support levels of 17611. Finally, Market closed gap positive with Nifty closing just below EquityPandit’s predicted resistance levels of 8272 like a dot.

Today: Indian Stock Market would open gap negative as the partial counting of the polls suggest that UK is willing to leave European Union. Today’s Market Movement would fully be dependent on the BRexit News. Till 9 AM in the morning, we would have a clear idea. The Final Results would be disclosed around 11:30 AM IST. For now Market would open gap negative and a sharp downfall is intact but if the results changes i.e. UK decides to stay in EU then a sharp breakout would be seen. Traders should wait and watch the Polls results and take the action accordingly. FIIs were net buyers of Rs.81.87 crores whereas DIIs were net buyers of Rs.203.56 crores in cash market for last trading session. Nifty would see strong support at 8098-8000-7980-7900 whereas strong resistance would be seen at 8272-8294-8332-8385-8500 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8270) The support for the Nifty is 8098-8000-7980-7900 and the resistance to the up move is at 8272-8294-8332-8385-8500 levels.

NSE BankNifty: (17892) The support for BankNifty is at 17600-17470-17330-17200 and the resistance to the up move is at 18000-18052-18139-18220-18380 levels.

BSE Sensex: (27002) The support for the Sensex is at 26720-26620-26540-26300 and the resistance to the up move is at 27195-27385-27450-27600 levels.

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Share Market Tips for – Thursday, June 23, 2016

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Market Next movement would depend on Brexit Poll Decision By Today Evening

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit predicted that Market is still in positive zone but would consolidate in a rangebound region until Brexit event. EquityPandit also predicted that Important point to watch out for Nifty is 8240 levels which is an immediate resistance levels and exactly same happened. Market remained rangebound and saw highs right at EquityPandit’s predicted resistance levels of 8240 like a dot. Finally Market closed flat for the day right above EquityPandit’s predicted support levels of 8198.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive zone. For today, Market would remain in limbo and would wait for the major decision. Now further movement would depend on Brexit polls result that would be disclosed today evening. Market would see gap positive or gap negative movement based on the polls results. If the country stays in European Union then we would see gap positive opening tomorrow and if it decides to exit European Union then a sharp downfall is confirmed. Traders should take any trade with proper hedging. Traders can also go for option strategy to earn good returns. FIIs were net sellers of Rs.41.10 crores whereas DIIs were net buyers of Rs.361.34 crores in cash market for last trading session. Nifty would see strong support at 8198-8165-8098-8000 whereas strong resistance would be seen at 8252-8272-8294-8332 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8204) The support for the Nifty is 8198-8165-8098-8000 and the resistance to the up move is at 8252-8272-8294-8332 levels.

NSE BankNifty: (17626) The support for BankNifty is at 17600-17470-17330 and the resistance to the up move is at 17830-18000-18052-18139 levels.

BSE Sensex: (26766) The support for the Sensex is at 26720-26620-26540-26300 and the resistance to the up move is at 26888-26940-27030-27195 levels.

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Share Market Tips for – Wednesday, June 22, 2016

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Market To Consolidate Until Brexit Event, Buy At Dips Until Nifty Holds 8100

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit predicted that Market is still in positive zone and traders should go long at every dip in the market near EquityPandit’s support levels. EquityPandit also predicted that Nifty would see strong support at 8200 levels and exactly same happened. Indian Stock Market opened flat and saw some correction for the day. Nifty saw lows right at EquityPandit’s support levels of 8200 like a dot. BankNifty also closed just at EquityPandit’s predicted support levels of 17620 levels. Finally, Indian Stock Market closed minor negative for the day.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive zone. Analysis would still remain same. Market would consolidate in a rangebound region until Brexit event, few points down and few points up. Important Closing levels to watch out for Nifty is 8240 levels, closing below this level, market would see profit booking everytime but once Nifty closes above this level, it would be more positive biased and every downfall would be recovered with a positive rally. So for a Positive rally, Market needs to close above its immediate resistance of 8240 levels. Once Nifty breaches levels of 8300, it would see a big breakout. Brexit decision during UK Referendum on June 23, 2016 would decide further market direction. If the country decides to stay in European Union, Market would see a sharp breakout and may see levels of 8400-8500 for Nifty. Traders should go long at every dip in the market. BankNifty would enter into negative zone if it closes below 17600 levels but Nifty would see reversal only if it closes below 8100 levels which is still far. Every down move looks to be capped with support levels, so traders should buy at support levels and sell at resistance levels for now. FIIs were net buyers of Rs.484.66 crores whereas DIIs were net sellers of Rs.335.53 crores in cash market for last trading session. Nifty would see strong support at 8198-8165-8098 whereas strong resistance would be seen at 8272-8294-8332-8385 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8220) The support for the Nifty is 8198-8165-8098 and the resistance to the up move is at 8272-8294-8332-8385 levels.

NSE BankNifty: (17619) The support for BankNifty is at 17600-17470-17330 and the resistance to the up move is at 17830-18000-18052-18139 levels.

BSE Sensex: (26813) The support for the Sensex is at 26720-26540-26300 and the resistance to the up move is at 26940-27030-27195 levels.

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Share Market Tips for – Tuesday, June 21, 2016

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Market Would Continue To See Positive Trend, Buy At Dips

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative for the day. EquityPandit predicted that Technically, Indian Stock Market is in positive zone but exit announcement of RBI Governor, Raghuram Rajan would force market to see sharp downfall. EquityPandit also predicted that market would recover this downfall again and exactly same happened. Indian Stock Market opened gap negative but recovered as Brexit fears eases. Nifty saw strong support at EquityPandit’s predicted support levels of 8098 and strong resistance near EquityPandit’s predicted resistance levels of 8252. Finally, Indian Stock Market recovered and closed positive for the day.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive trend. Market would continue to see positive rally for now. Once Nifty breaches levels of 8300, it would see a big breakout. BRexit decision during UK Referendum on June 23, 2016 would decide further market direction. If the country decides to stay in European Union, Market would see a sharp breakout and may see levels of 8400-8500 for Nifty. Traders should go long at every dip in the market. FIIs were net sellers of Rs.537.46 crores whereas DIIs were net buyers of Rs.724.06 crores in cash market for last trading session. Nifty would see strong support at 8200-8165-8098 whereas strong resistance would be seen at 8272-8294-8332-8385 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8239) The support for the Nifty is 8200-8165-8098 and the resistance to the up move is at 8272-8294-8332-8385 levels.

NSE BankNifty: (17718) The support for BankNifty is at 17620-17470-17330 and the resistance to the up move is at 17830-18000-18052-18139 levels.

BSE Sensex: (26867) The support for the Sensex is at 26720-26540-26300 and the resistance to the up move is at 26940-27030-27195 levels.

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Share Market Tips for – Monday, June 20, 2016

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Market Would See Sharp Downfall Today On Raghuram Rajan’s Retirement News

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap positive for the day. EquityPandit predicted that Indian Stock Market is in positive trend, so we would see positive rally for the day and exactly same happened. Market moved sharply positive and saw highs right near EquityPandit’s predicted resistance levels of 8200 for Nifty, 17830 levels for BankNifty and 26720 levels for Sensex. Traders, who followed EquityPandit’s advice might have earned huge profits for the day. Finally, Indian Stock Market closed positive for the day.

Today: Indian Stock Market would open Gap Negative. Technically, Indian Stock Market is still in positive trend but RBI Governor, Raghuram Rajan’s announcement on getting retired in September 2016 would force market to see a sharp downfall. Market may see sharp downfall today but looks to recover again in days to come. This week is full of volatility as Brexit referendum on June 23, 2016 would also play important role in market movement across the globe. If Britain chooses to exit the European Union, then we may see around 10% downfall in days to come. But If Britain chooses to stay in European Union then we would see a sharp positive rally. For now, traders should book profits or go short and buy again at lower levels as Market is expected to fell down sharply today. FIIs were net buyers of Rs.31.96 crores whereas DIIs were net sellers of Rs.26.21 crores in cash market for last trading session. Nifty would see strong support at 8098-8060-8000 whereas strong resistance would be seen at 8180-8200-8252-8294 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8170) The support for the Nifty is 8098-8060-8000 and the resistance to the up move is at 8180-8200-8252-8294 levels.

NSE BankNifty: (17696) The support for BankNifty is at 17620-17470 and the resistance to the up move is at 17830-18000-18052-18139 levels.

BSE Sensex: (26626) The support for the Sensex is at 26500-26300-26260-26000 and the resistance to the up move is at 26600-26720-26822-26940-27030 levels.

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Nifty Outlook for the Week (June 20, 2016 – June 24, 2016)

EquityPandit’s Outlook for Nifty for week (June 20, 2016 – June 24, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 0.20%.

As we have mentioned last week that 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. During the week the index manages to hit a low of 8076 and close the week around the levels of 8174.

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 – 2015. If the index manages to close above these levels then the index can move to the levels of 8600 to 8650 levels.

Due to Brexit Referendum on 24th June we could see wide swings in all the Global Markets including India.

Broad range for the week is seen from 8000 on downside to 8400 on upside.

Share Market Tips for – Friday, June 17, 2016

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Market To See Positive Rally Today, Hold Long Positions

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative for the day. EquityPandit predicted that a sharp correction would be seen after the US FED Remarks but the trade is to go long at every sharp dip in the market and exactly same happened. Market opened negative and went down sharply near EquityPandit’s predicted 8060 levels but rebounded from there and covered most of the downfall. Sensex also saw lows right near EquityPandit’s predicted support levels of 26300. Traders, who followed EquityPandit’s advice to go long at sharp dip in the market might have earned huge profits for the day. Finally, Market recovered but closed negative for the day.

Today: Indian Stock Market would open Gap Positive. Technically, Indian Stock Market is still in positive trend and the trade is to go long at every dip in the market. Now 8060 would act as important levels to watch out for Nifty. EquityPandit predicted yesterday that market would see correction but traders should go long at every dip. Now, Today market would see sharp positive rally and traders who followed EquityPandit’s advice to go long would get huge profits. Nifty once closes above 8300 levels then we would see a sharp breakout in the market. BankNifty would also see support at 17500 levels and if it closes above 18000 levels then we would see a sharp breakout in BankNifty. Overall, Market is positive for now and the trade is to go long at every dip in the market. FIIs were net sellers of Rs.156.75 crores whereas DIIs were net sellers of Rs.163 crores in cash market for last trading session. Nifty would see strong support at 8098-8060-8000 whereas strong resistance would be seen at 8180-8200-8252-8294 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8141) The support for the Nifty is 8098-8060-8000 and the resistance to the up move is at 8180-8200-8252-8294 levels.

NSE BankNifty: (17671) The support for BankNifty is at 17620-17470 and the resistance to the up move is at 17830-18000-18052-18139 levels.

BSE Sensex: (26525) The support for the Sensex is at 26500-26300-26260-26000 and the resistance to the up move is at 26600-26720-26822-26940-27030 levels.

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Share Market Tips for – Thursday, June 16, 2016

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Market To Open Gap Negative, Go Long At Every Dip

 

Last Trading Session: Indian Stock Market opened positive for the day. EquityPandit predicted that Indian Stock Market would consolidate at this point of time and may see some re-bounce but traders should go short at every positive rally. Market rebounced and entered into luckily entered into positive zone. Nifty closed right near EquityPandit’s predicted levels of 8205 in positive territory. Finally, Indian Stock Market closed gap positive for the day.

Today: Indian Stock Market would open Negative. Technically, Indian Stock Market has entered into positive zone after a short correction which was predicted by EquityPandit couple of days back. Today, some more correction can be seen after the US FED Remarks but trade for now is to go long at dips. Now, 8300 is an important level for Nifty to look out for. It looks that the required correction has been done and Market is ready to complete a bullish Inverse Head and Shoulder Pattern that may take Nifty to around 8350-8500 levels. Once Nifty breaches levels of 8300, it would see a sharp breakout. Traders should now go long at every dip in the market. Every correction would be an opportunity to go long in Nifty and BankNifty. BankNifty would see immediate resistance at 18000 levels on closing basis, breaching which, it would see a sharp breakout. FIIs were net sellers of Rs.108.23 crores whereas DIIs were net buyers of Rs.234.10 crores in cash market for last trading session. Nifty would see strong support at 8200-8165-8098-8060 whereas strong resistance would be seen at 8252-8294-8336-8385 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8207) The support for the Nifty is 8200-8165-8098-8060 and the resistance to the up move is at 8252-8294-8336-8385 levels.

NSE BankNifty: (17918) The support for BankNifty is at 17800-17760-17620-17470 and the resistance to the up move is at 18000-18052-18139-18313 levels.

BSE Sensex: (26726) The support for the Sensex is at 26720-26600-26540-26300 and the resistance to the up move is at 26822-26940-27030-27195 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Wednesday, June 15, 2016

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Market To Consolidate around 8000-8100 levels, Short At Every Positive Rally

 

Last Trading Session: Indian Stock Market opened positive for the day. EquityPandit predicted that traders should short at every positive rally in the market for good profits and exactly same happened. Market opened positive and went down sharply as predicted by EquityPandit. Traders, who followed EquityPandit’s advice might have earned huge profits for the day. Nifty made lows and saw strong support right near EquityPandit’s predicted support levels of 8060. Finally, Nifty closed flat with negative bias.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in negative zone and analysis would remain same. Now, Market has strong support zone of 8000-7990 levels. Traders should consider 8000-7990 levels as important levels because closing below these levels, it would start acting as strong resistance and Nifty would permanently remain below these levels for long duration. It looks that market would consolidate near these levels and there are higher chances of re-bounce from 8000 levels before breaching those levels. For now, traders should consider shorting at every positive rally in the market. FIIs were net sellers of Rs.113.36 crores whereas DIIs were net sellers of Rs.32.27 crores in cash market for last trading session. Nifty would see strong support at 8060-8005-7991-7959 whereas strong resistance would be seen at 8128-8180-8205-8250 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8109) The support for the Nifty is 8060-8005-7991-7959 and the resistance to the up move is at 8128-8180-8205-8250 levels.

NSE BankNifty: (17672) The support for BankNifty is at 17500-17394-17300-17195 and the resistance to the up move is at 17760-17800-18000 levels.

BSE Sensex: (26396) The support for the Sensex is at 26215-26128-26060-25950 and the resistance to the up move is at 26471-26687-26822 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, June 14, 2016

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Market in Negative Zone, Sell At Every Positive Rally For Now

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative for the day. EquityPandit also predicted that Indian Stock Market would see sharp correction and would achieve EquityPandit’s targets of 8120-8075 levels and exactly same happened. Indian Stock Market opened gap negative for the day. Nifty moved sharply negative and achieved EquityPandit’s targets of 8120 and 8075. Traders, who followed EquityPandit’s advice might have earned huge profits for the day. Nifty recovered from day lows and closed above 8100 levels. Sensex also closed just above EquityPandit’s predicted support levels of 26380. Finally, Indian Stock Market closed gap negative for the day as predicted by EquityPandit.

Today: Indian Stock Market would open negative. Technically, Indian Stock Market has entered into negative zone. Now, Market has strong support zone of 8000-7990 levels. Traders should consider 8000-7990 levels as important levels because closing below these levels, it would act as strong resistance and Nifty would permanently remain below these levels for long duration. There are higher chances to rebound from 8000 levels before breaching those levels. For now, traders should consider shorting at every positive rally in the market. FIIs were net buyers of Rs.212.24 crores whereas DIIs were net sellers of Rs.597.83 crores in cash market for last trading session. Nifty would see strong support at 8060-8005-7991-7959 whereas strong resistance would be seen at 8128-8180-8205-8250 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8111) The support for the Nifty is 8060-8005-7991-7959 and the resistance to the up move is at 8128-8180-8205-8250 levels.

NSE BankNifty: (17594) The support for BankNifty is at 17394-17300-17195-17100 and the resistance to the up move is at 17667-17760-17800-18000 levels.

BSE Sensex: (26397) The support for the Sensex is at 26215-26128-26060-25950 and the resistance to the up move is at 26471-26687-26822 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Monday, June 13, 2016

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Market To See Sharp Correction, Sell At Rally and book profits near supports

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat. EquityPandit predicted that Market would see further correction and exactly same happened. EquityPandit also predicted that Market is in correction mode as of now. Nifty moved positive and fell down sharply to see lows right at EquityPandit’s predicted support levels of 8165 like a dot. BankNifty was also not able to sustain above 18000 levels and fell down sharply but saw strong support right near EquityPandit’s predicted support levels of 17800. Finally, Market closed negative for the day.

Today: Indian Stock Market would open gap negative. Technically, Indian Stock Market is still in positive zone but today chances are that it may enter into negative zone for short term. Further sharp correction is expected as of now that may take Nifty to 8120-8075 levels. Traders can sell at higher levels and book profits partially near EquityPandit’s predicted support levels. Nifty, if breaches 8160 levels, would slide down to 8120-8075 levels. Market would consolidate between 8000-8300 levels for some days before further positive movement. FIIs were net buyers of Rs.201.32 crores whereas DIIs were net sellers of Rs.165.62 crores in cash market for last trading session. Nifty would see strong support at 8120-8098-8075-8000 whereas strong resistance would be seen at 8205-8252-8294-8336 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8170) The support for the Nifty is 8120-8098-8075-8000 and the resistance to the up move is at 8205-8252-8294-8336 levels.

NSE BankNifty: (17829) The support for BankNifty is at 17760-17620-17470-17300 and the resistance to the up move is at 18000-18029-18139-18313 levels.

BSE Sensex: (26636) The support for the Sensex is at 26540-26380-26300-26110 and the resistance to the up move is at 26795-26837-26940-27030 levels.

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Nifty Outlook for the Week (June 13, 2016 – June 17, 2016)

EquityPandit’s Outlook for Nifty for week (June 13, 2016 – June 17, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on negative note losing around 0.60%.

As we have mentioned last week that 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 levels. During the week the index manages to hit a high of 8295 and close the week around the levels of 8170.

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 – 2015. If the index manages to close above these levels then the index can move to the levels of 8600 to 8650 levels.

Broad range for the week is seen from 8000 on downside to 8400 on upside.

Share Market Tips for – Friday, June 10, 2016

equitypandit_square

Market In Correction Mode, Would Resume Uptrend After a Sufficient Correction

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive. EquityPandit predicted that Market would see some consolidation before further positive movement. EquityPandit also predicted that some correction can’t be ruled out at this point of time and exactly same happened. Indian Stock Market moved positive but was not able to sustain and fell down sharply as per EquityPandit predictions. Finally, Indian Stock Market closed negative for the day. Nifty closed right above EquityPandit’s predicted support levels of 8200 like a dot.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive zone. Some correction would be seen. 8180 would act as immediate support for Nifty, breaching which Nifty would fell down sharply but it would be temporary in nature. 8000 would be very hard to breach. Market is expected to see some correction before further positive movement. Once that correction is done in next few days, market would stabilize and resume its positive movement. FIIs were net buyers of Rs.234.20 crores whereas DIIs were net sellers of Rs.317.74 crores in cash market for last trading session. Nifty would see strong support at 8200-8180-8165-8098 whereas strong resistance would be seen at 8252-8294-8336-8385 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (8204) The support for the Nifty is 8200-8180-8165-8098 and the resistance to the up move is at 8252-8294-8336-8385 levels.

NSE BankNifty: (17888) The support for BankNifty is at 17800-17760-17620-17470 and the resistance to the up move is at 18000-18029-18139-18313 levels.

BSE Sensex: (26763) The support for the Sensex is at 26720-26660-26540-26300 and the resistance to the up move is at 26940-27030-27195 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Nifty Outlook for the Week (June 06, 2016 – June 10, 2016)

EquityPandit’s Outlook for Nifty for week (June 06, 2016 – June 10, 2016):

NIFTY:

 

NIFTY

 

Nifty ended the week on positive note gaining around 0.80%.

As we have mentioned last week that 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 levels. During the week the index manages to hit a high of 8262 and close the week around the levels of 8221.

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 levels.

Broad range for the week is seen from 8000 on downside to 8400 on upside.

Nifty Outlook for the Week (May 30, 2016 – June 03, 2016)

EquityPandit’s Outlook for Nifty for week (May 30, 2016 – June 03, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 5.30%.

As we have mentioned last week that the index has closed around the resistance zone of 7820 where 200 Daily SMA is lying. Resistance for the index lies in the zone of 7950 to 8000 where 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 8200. During the week the index manages to hit a high of 8164 and close the week around the levels of 8157.

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 levels.

Broad range for the week is seen from 8000 on downside to 8300 on upside.

Share Market Tips for – Friday, May 27, 2016

equitypandit_square

Continue Holding Long Positions and Buy At Dips

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive for the day. EquityPandit predicted that market is in positive trend and traders should go long at every dip in the market. EquityPandit also predicted that Market is ready to see Inverse Head and Shoulder Breakout and exactly same happened. EquityPandit was the first company to predict this breakout in BankNifty at 16450 levels and Nifty at 7750 levels. Traders, who followed EquityPandit’s advice to go long might have earned whopping profits in last 2 days. Nifty saw highs right at EquityPandit’s predicted resistance levels of 8080 like a dot. BankNifty also closed right below EquityPandit’s predicted resistance levels of 17370 like a dot. Finally, Indian Stock Market closed gap positive for the day.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive zone. Market may see some profit booking today due to new contract but that would be temporary in nature. Overall Market has seen a breakout and we would see sharp positive movements in days to come. Next target is 8150-8250 for Nifty and 17500 for BankNifty. If global cues support then this positive movement would continue till 8500 levels for Nifty and 18000 levels for BankNifty. The only strategy for the traders should be to hold long positions or initiate fresh long positions at every dip in the market. Today, SBI would disclose its quarterly results and it would affect the complete PSU Banking Sector. FIIs were net buyers of Rs.581.29 crores whereas DIIs were net buyers of Rs.685.37 crores in cash market for last trading session. Nifty would see strong support at 8005-7991-7959-7900 whereas strong resistance would be seen at 8086-8128-8180-8250 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: BEML Ltd, Bharat Electronics, BHEL, BBTC, Central Bank Of India, DB Realty, DLF, EROS International, HPCL, Indian Oil Corporation, Indian Overseas Bank, Jaiprakash Power, MMTC, Muthoot Finance, NMDC, Oil India, PunjLloyd, PVR, Reliance Power, Religare Enterprises, REC Ltd, SJVN, SBI, Sun TV, Suven Life Sciences, Tata Communications, Thomas Cook and Uflex.

NSE Nifty: (8070) The support for the Nifty is 8005-7991-7959-7900 and the resistance to the up move is at 8086-8128-8180-8250 levels.

NSE BankNifty: (17359) The support for BankNifty is at 17195-17050-16960-16875 and the resistance to the up move is at 17480-17570-17652-17827 levels.

BSE Sensex: (26367) The support for the Sensex is at 26215-26128-26060-26950 and the resistance to the up move is at 26471-26687-26822 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Wednesday, May 25, 2016

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Market To See Sharp Recovery Today

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit predicted that 7715 is important level to watch out for Nifty and breaching which Nifty would see a sharp downfall. EquityPandit also predicted that 7715 levels would act as strong support for Nifty and exactly same happened. Nifty moved sharply negative and saw lows right at EquityPandit’s predicted support levels of 7715 like a dot. Nifty recovered from EquityPandit’s supports of 7715 and closed positive for the day.

Today: Indian Stock Market would open gap positive. Technically, Analysis would still remain same and Indian Stock Market is still in negative zone but some sharp positive reaction can’t be ruled out at this point of time. Nifty needs to breach 7820 levels to see strength in the trend and until then it should be considered as short on positive rally type of market. 7715 would still be an important closing levels, below which Nifty would see a sharp downfall. Traders should wait for some positive rally and can go short again at higher levels. Few important results like L&T and Tatasteel would be disclosed today that would decide further market direction. FIIs were net sellers of Rs.815.53 crores whereas DIIs were net buyers of Rs.989.95 crores in cash market for last trading session. Nifty would see strong support at 7715-7700-7675-7606 whereas strong resistance would be seen at 7816-7830-7865-7888 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Abbott India, AIA Engineering, Apollo Hospitals, Ashok Leyland, Bajaj Auto, Bajaj Holdings, Bosch Ltd, Container Corporation Of India, Cummins India, Engineers India, Escorts ltd, GAIL, Glaxosmithkline Pharma, Godrej Industries, HCL Infosystem, Info Edge, Kwality Ltd, Lakshmi Machine, L&T, PFC, Prism Cement, Schneider Electric, TV Today Network, Tata Steel, Thermax and VIP Industries.

NSE Nifty: (7746) The support for the Nifty is 7715-7700-7675-7606 and the resistance to the up move is at 7816-7830-7865-7888 levels.

NSE BankNifty: (16457) The support for BankNifty is at 16377-16260-16188-16011 and the resistance to the up move is at 16640-16780-16940-17000 levels.

BSE Sensex: (25305) The support for the Sensex is at 25110-25012-24950 and the resistance to the up move is at 25437-25572-25660-25790 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, May 24, 2016

equitypandit_square

Market To Open Lower, Hold Short Positions

 

Last Trading Session: Indian Stock Market opened positive for the day. EquityPandit predicted that Market would see some short-covering rally but traders should consider every positive rally as an opportunity to go short in the market and exactly same happened. Market opened positive and traders who followed EquityPandit’s advice to go short at positive rally might have earned huge profits for the day. Nifty saw strong support near EquityPandit’s predicted support of 7715 levels. Finally, Market closed negative for the day as per EquityPandit’s predictions.

Today: Indian Stock Market would open Negative. Technically, Indian Stock Market is still in negative zone. Now, 7715 levels would be an important closing levels to watch out for. Nifty if closes below 7715 levels then next target for Nifty would be 7678-7600 for Nifty and 16200 levels for BankNifty. Traders should continue holding short positions and should initiate further short positions for every positive rally in the market. FIIs were net sellers of Rs.65.60 crores whereas DIIs were net sellers of Rs.167.77 crores in cash market for last trading session. Nifty would see strong support at 7715-7700-7675-7606 whereas strong resistance would be seen at 7816-7830-7865-7888 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

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Important Results Today: Amara Raja Batteries, Bajaj Finance, Bajaj Finserv, Bank Of India, Cipla, Colgate-Palmolive, Greenply Industries, GSFC, Jai Corp, J&K Bank, Jubilant Life Sciences, MOIL, NCC, Omaxe, PI Industries, Page Industries, Redington India, Tata Global Beverages, Tech Mahindra and Wonderla Holidays.

NSE Nifty: (7731) The support for the Nifty is 7715-7700-7675-7606 and the resistance to the up move is at 7816-7830-7865-7888 levels.

NSE BankNifty: (16408) The support for BankNifty is at 16377-16260-16188-16011 and the resistance to the up move is at 16640-16780-16940-17000 levels.

BSE Sensex: (25230) The support for the Sensex is at 25110-25012-24950 and the resistance to the up move is at 25437-25572-25660-25790 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Monday, May 23, 2016

equitypandit_square

Traders Should Still Short At Every Positive Rally

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit predicted that Indian Stock Market has entered into negative zone and traders should go short at every positive rally in the market and exactly same happened. Nifty moved flat with positive bias for the day. BankNifty saw strong resistance right at EquityPandit’s predicted resistance levels of 16640 levels. Market was not able to sustain higher levels and fell down sharply exactly as predicted by EquityPandit. Traders who followed EquityPandit’s advice to go short at every positive rally, might have earned whopping profits for the day. Sensex also saw lows right at EquityPandit’s predicted support levels of 25256 levels and recovered from those lows. BankNifty also closed right above EquityPandit’s predicted support levels of 16475. Finally, Indian Stock Market closed negative for the day.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in negative zone. Market may see some short-covering rally but it would capped at 7888 levels for Nifty. Every positive rally would still be considered as an opportunity for traders to go short in the market. Next support for Nifty would be 7695-7675 levels. Nifty if closes below 7715 levels, then we could witness further downfall in the market. Overall, trade is to go short at every positive rally in the market. FIIs were net sellers of Rs.743.86 crores whereas DIIs were net buyers of Rs.597.49 crores in cash market for last trading session. Nifty would see strong support at 7715-7700-7675 whereas strong resistance would be seen at 7816-7830-7865-7888 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Aban Offshore, Chennai Petroleum, City Union Bank, Dish TV, HSIL, Jyothy Laboratories, Sonata Software, Tata Investment, Tata Power, Torrent Pharma, TTK Prestige, VRL Logistics and Welspun Corp.

NSE Nifty: (7750) The support for the Nifty is 7715-7700-7675 and the resistance to the up move is at 7816-7830-7865-7888 levels.

NSE BankNifty: (16481) The support for BankNifty is at 16377-16260-16188-16011 and the resistance to the up move is at 16640-16780-16940-17000 levels.

BSE Sensex: (25302) The support for the Sensex is at 25256-25110-25012-24950 and the resistance to the up move is at 25437-25572-25660-25790 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Nifty Outlook for the Week (May 23, 2016 – May 27, 2016)

EquityPandit’s Outlook for Nifty for week (May 23, 2016 – May 27, 2016):

NIFTY:

 

jcharts(1)

 

Nifty ended the week on negative note losing around 0.80%.

As we have mentioned last week that the index has closed around the resistance zone of 7820 where 200 Daily SMA is lying. Resistance for the index lies in the zone of 7950 to 8000 where 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 8200. During the week the index manages to hit a high of 7940 and close the week around the levels of 7750.

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. Resistance for the index lies in the zone of 7950 to 8000 where 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 8200.

Broad range for the week is seen from 7500 on downside to 8000 on upside.

Share Market Tips for – Friday, May 20, 2016

equitypandit_square

Market Entered Negative Zone, Short at Every Positive Rally

 

Last Trading Session: Indian Stock Market opened flat for the day. EquityPandit predicted that market would move sharply negative but would see strong support at 7780 and exactly same happened. EquityPandit also predicted that if 7910 levels are not breached for Nifty then possibility of sudden downfall would persist. Indian Stock Market was not able to breach EquityPandit’s predicted resistance levels of 7910 and fell down sharply. BankNifty also saw strong supports near EquityPandit’s predicted support levels of 16518 levels. Finally, Indian Stock Market closed gap negative for the day with Nifty closing right above EquityPandit’s predicted support levels of 7780 like a dot.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market has entered into negative zone. Today, some short-covering rally may be seen after a sharp downfall but Traders should go short at every positive rally in the market. Now next target for Nifty would be 7720-7685. Fears of FED Rate Hike would further pressurize the markets across the globe. Overall, now market would be considered negative and the trade is to go short at every rally in the market for better profits. Few Indian Corporate Giants would disclose their q4 results today that would further affect the market direction. FIIs were net sellers of Rs.764.58 crores whereas DIIs were net buyers of Rs.1483.65 crores in cash market for last trading session. Nifty would see strong support at 7753-7715-7700-7685 whereas strong resistance would be seen at 7830-7865-7900-7925 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Aditya Birla Nuvo, Allcargo Logistic, Ashoka Buildcon, Balrampur Chini, Bank Of India, Britannia Industries, Cox & Kings, DB Corp, eClerx, GVK Power, IDBI Bank, ITC Ltd, JP Chemicals, Justdial, Karnataka Bank, Praj Industries, Ramco Systems, Sundaram Fasteners, Ramco Cements, Timken India and Whirlpool.

NSE Nifty: (7783) The support for the Nifty is 7753-7715-7700-7685 and the resistance to the up move is at 7830-7865-7900-7925 levels.

NSE BankNifty: (16565) The support for BankNifty is at 16475-16377-16260-16188 and the resistance to the up move is at 16640-16780-16940-17000 levels.

BSE Sensex: (25400) The support for the Sensex is at 25256-25012 and the resistance to the up move is at 25437-25572-25660-25790 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Thursday, May 19, 2016

equitypandit_square

Market To Open Negative, Breakout If Nifty Closes Above 7910

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened negative for the day. EquityPandit predicted that market would see sharp correction for the day within a range of 7780 and 7910 and exactly same happened. Nifty moved sharply negative and saw strong support near Equitypandit’s predicted support levels of 7815. Finally, Market recovered from day lows but closed negative for the day. Sensex also saw lows right at EquityPandit’s predicted support levels of 25500 like a dot. Finally, Indian Stock Market closed negative for the day.

Today: Indian Stock Market would open gap negative. Technically, Indian Stock Market is still in positive zone. Market needs to close above 7910 levels for Nifty to see a sharp breakout. Nifty, if closes above 7910 then traders can go long for huge profits until then market would remain rangebound and possibility of sudden downfall would persist. Closing below 7780 suggest a sharp breakdown and closing above 7910 suggests a sharp breakout. If Nifty closes above 7910 then it would see a non-stop positive movement upto 8150 levels. FIIs were net sellers of Rs.250.70 crores whereas DIIs were net buyers of Rs.239.91 crores in cash market for last trading session. Nifty would see strong support at 7815-7780-7730-7715 whereas strong resistance would be seen at 7896-7926-7980 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: CESC, Dishman Pharma, GHCL, Gujarat Pipavav Port, GSPL, ICRA, IRB Infra, Lupin, Pidilite Industries, Sobha and SpiceJet.

NSE Nifty: (7870) The support for the Nifty is 7815-7780-7730-7715 and the resistance to the up move is at 7896-7926-7980 levels.

NSE BankNifty: (16729) The support for BankNifty is at 16605-16518-16380-16190 and the resistance to the up move is at 16890-16950-17100-17160 levels.

BSE Sensex: (25705) The support for the Sensex is at 25685-25578-25500-25445 and the resistance to the up move is at 25885-25956-26060 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Wednesday, May 18, 2016

equitypandit_square

Market to see Sharp Correction, Watch out 7780 or 7910 for further direction

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive for the day. EquityPandit predicted that traders can hold long positions with stoploss of 7780 and targets of 7926-7980 levels and exactly same happened. Market moved sharply positive and saw highs of 7940 levels for Nifty achieving EquityPandit’s target for Nifty. Traders who followed EquityPandit’s advice might have earned huge profits for the day. Finally, Indian Stock Market closed positive for the day but just below EquityPandit’s predicted resistance levels of 7896 for Nifty.

Today: Indian Stock Market would open negative. Technically, Indian Stock Market is still in positive zone. Now, Nifty would see some sharpcorrection today. Nifty is moving in a rangebound region. Nifty needs to close above 7910 levels to see a breakout in days to come or else has to close below 7780 levels to see a breakdown. Breaching any of these levels by closing would force market to move sharply in that direction. Traders can buy near support and sell near resistance levels until any of these levels are not breached on closing basis. FIIs were net sellers of Rs.224.97 crores whereas DIIs were net buyers of Rs.384.67 crores in cash market for last trading session. Nifty would see strong support at 7815-7780-7730-7715 whereas strong resistance would be seen at 7896-7926-7980 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Balkrishna Industries, Corporation Bank, Dalmia Bharat, IFB Industries, Indian Hotels, JK Lakshmi Cement, JSW Steel, PTC India, Punjab National Bank, Tata Communications and Torrent Power.

NSE Nifty: (7891) The support for the Nifty is 7815-7780-7730-7715 and the resistance to the up move is at 7896-7926-7980 levels.

NSE BankNifty: (16763) The support for BankNifty is at 16605-16518-16380-16190 and the resistance to the up move is at 16890-16950-17100-17160 levels.

BSE Sensex: (25774) The support for the Sensex is at 25685-25578-25500-25445 and the resistance to the up move is at 25885-25956-26060 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, May 17, 2016

equitypandit_square

Hold Long Positions For Nifty, Targets 7926-7980, Closing Stoploss Of 7780

 

Last Trading Session: Indian Stock Market opened flat for the day. Market moved sharply negative as predicted by EquityPandit. Nifty breached the levels of 7780 with just a small momentum but was not able to sustain below those levels and recovered sharply. EquityPandit suggested traders to hold long positions until Nifty closes below 7780 and exactly same happened. Traders who followed EquityPandit’s advice to hold long positions or go long at supports might have earned whopping profits for the day. Sensex saw highs right at EquityPandit’s predicted resistance levels of 25688 like a dot. Finally, Market closed gap positive for the day.

Today: Indian Stock Market would open positive. Technically, Indian Stock Market is still in positive zone. Nifty is strongly holding 7780 levels by closing. It would still be considered as strong support to work with. Traders can hold long positions with strict stoploss of 7780 levels by closing. Next logical targets for Nifty would be 7926-7980 levels which would be the strong resistance for Nifty. Breaching levels of 8000 by closing would force market to see sharp breakout from the current range. FIIs were net sellers of Rs.79.84 crores whereas DIIs were net sellers of Rs.127.91 crores in cash market for last trading session. Nifty would see strong support at 7815-7780-7730-7715 whereas strong resistance would be seen at 7896-7926-7980 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Bharat Forge, GlaxoSmithKline, Gujarat Gas, Honeywell Automation, Mahindra Holidays, Motherson Sumi, Symphony, Syndicate Bank, United Bank Of India and Voltas Ltd.

NSE Nifty: (7861) The support for the Nifty is 7815-7780-7730-7715 and the resistance to the up move is at 7896-7926-7980 levels.

NSE BankNifty: (16738) The support for BankNifty is at 16605-16518-16380-16190 and the resistance to the up move is at 16890-16950-17100-17160 levels.

BSE Sensex: (25653) The support for the Sensex is at 25578-25500-25445-25228 and the resistance to the up move is at 25688-25885-25956-26060 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Monday, May 16, 2016

equitypandit_square

Initiate Short Positions If 7780 Breaches for Nifty, Till Then Hold Long

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened negative for the day. EquityPandit predicted that sharp correction would be seen in the market but traders should hold long positions or go long at dips until Nifty holds 7780 levels and exactly same happened. Market saw a sharp correction and fell down sharply. Nifty saw lows right near EquityPandit’s predicted support levels of 7780 like a dot and rebounded from there. Traders, who followed EquityPandit’s advice might have earned huge profits for the day. Finally, Indian Stock Market closed gap negative for the day. Nifty closed right at EquityPandit’s predicted support levels of 7815 like a dot.

Today: Indian Stock Market would open flat with negative bias. Technically, Indian Stock Market is still in positive zone. Till now, Market is holding 7780 levels for Nifty by closing but once it closes below those levels, Nifty would enter into negative zone and we could see sharp downfall upto 7715-7550 levels. Reversal levels of BankNifty would remain at 16500 levels. If Market is able to hold those levels and rebound then we would see some resistance near 7926-7980 levels. So, now traders should wait and see any of these levels to breach or sustain for further trading decisions. The trade is to buy at supports and sell at resistance levels with small stoplosses. FIIs were net buyers of Rs.1493.88 crores whereas DIIs were net buyers of Rs.667.03 crores in cash market for last trading session. Nifty would see strong support at 7780-7730-7715-7675 whereas strong resistance would be seen at 7843-7881-7926-7980 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: BF Utilities, Gujarat Fluorochemicals, JK Tyre, NBCC, Petronet LNG, Piramal enterprises, Strides Shasun and Tata Coffee.

NSE Nifty: (7815) The support for the Nifty is 7780-7730-7715-7675 and the resistance to the up move is at 7843-7881-7926-7980 levels.

NSE BankNifty: (16717) The support for BankNifty is at 16605-16518-16380-16190 and the resistance to the up move is at 16890-16950-17100-17160 levels.

BSE Sensex: (25490) The support for the Sensex is at 25445-25228-25162-25060 and the resistance to the up move is at 25540-25620-25688-25885 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Nifty Outlook for the Week (May 16, 2016 – May 20, 2016)

EquityPandit’s Outlook for Nifty for week (May 16, 2016 – May 20, 2016):

NIFTY:

 

nifty

 

Nifty ended the week on positive note gaining around 1.00%.

As we have mentioned last week that resistance for the index lies in the zone of 7800 where 200 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 7950 to 8000 where 500 Daily SMA is lying. During the week the index manages to hit a high of 7916 and close the week around the levels of 7814.

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. Resistance for the index lies in the zone of 7950 to 8000 where 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 8200.

Broad range for the week is seen from 7500 on downside to 8000 on upside.

Share Market Tips for – Friday, May 13, 2016

equitypandit_square

Go Long At Every Dip Until Nifty Holds 7780 Levels

 

Last Trading Session: Exactly as predicted by EquityPandit that Indian Stock Market would see some further correction but traders should go long at every dip in the market and exactly same happened. Nifty opened flat with positive bias and moved sharply positive. BankNifty saw strong resistance right at Equitypandit’s predicted resistance levels of 16950 like a dot. Market sharply corrected from there. Market managed to recover again and finally closed positive for the day. Traders, who followed EquityPandit’s advice to go long at dips might have earned huge profits for the day.

Today: Indian Stock Market would open negative. Some sharp correction may be seen but it would be temporary until 7780 is not breached on negative side. Technically, Indian Stock Market is still in positive zone. Traders should continue to hold long positions as of now. Every downfall would be an opportunity for traders to go long in the market. Market is looking to see a sharp breakout if closes above 8000 levels for Nifty. Next logical target for Nifty would be 7975-8000 and breaching levels of 8000 would force Nifty to see levels of 8150. Today, Bank of Baroda Results would be disclosed that would direct PSU Bank and even BankNifty on Monday. BankNifty would move sharply positive in days to come, if BOB results are better than expectations as it would force PSU banks to move sharply positive. FIIs were net buyers of Rs.24.14 crores whereas DIIs were net buyers of Rs.258.35 crores in cash market for last trading session. Nifty would see strong support at 7848-7815-7775-7730 whereas strong resistance would be seen at 7926-7980-8005-8080 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Advanta, Allahabad Bank, Bank Of Baroda, Cadila Healthcare, Capital First, Central Bank Of India, Dena Bank, Edelweiss, IL&FS Transport, Indraprastha Gas, JM Financial, UCO Bank, Union Bank of India and United Breweries.

NSE Nifty: (7900) The support for the Nifty is 7848-7815-7775-7730 and the resistance to the up move is at 7926-7980-8005-8080 levels.

NSE BankNifty: (16924) The support for BankNifty is at 16780-16605-16540-16380 and the resistance to the up move is at 16950-17100-17160 levels.

BSE Sensex: (25790) The support for the Sensex is at 25688-25620-25540-25445 and the resistance to the up move is at 25885-25936-26035-26200 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Thursday, May 12, 2016

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Further Correction Would Be Seen, Go Long At Dips Until Nifty Holds 7780

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative for the day. EquityPandit predicted that Market would recover to some extent after gap negative opening. EquityPandit also suggested traders to go long at those dips. Nifty saw lows right above EquityPandit’s predicted support levels of 7775 levels whereas highs were seen just near EquityPandit’s predicted resistance levels of 7888 like a dot. Nifty recovered from gap negative opening as predicted by EquityPandit. Traders, who followed EquityPandit’s advice might have earned huge profits for the day. But market was not able to sustain higher levels. Finally, Indian Stock Market closed negative for the day.

Today: Indian Stock Market would open negative. Though Indian Stock Market is in positive zone but the Capital Gain Tax news is pulling market down. Overall Capital Gain Tax on FIIs money is good for Indian Economy in long term. Traders should hold long positions until Nifty holds 7780 levels by closing. Once Nifty breaches 7900 levels, market would be considered strong and breaching levels of 8013 by closing would force market to see a big breakout from these levels. Further correction would be seen for now, but traders can go long at dip in the market until Market is in positive zone. BankNifty would be considered positive until it holds 16450 levels by closing. Once Nifty closes below 7780 and BankNifty below 16450 levels then traders can initiate fresh shorts in the market. FIIs were net sellers of Rs.362.19 crores whereas DIIs were net buyers of Rs.729.59 crores in cash market for last trading session. Nifty would see strong support at 7815-7775-7730-7715-7680 whereas strong resistance would be seen at 7888-7926-7980-8005 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Arvind Ltd, Bank Of Maharashtra, Dr. Reddy Laboratories, Glenmark Pharma, Manappuram Finance, MRPL, Nestle India, Polaris, SREI, Take Solutions, Trident, Vijaya Bank and Zydus Wellness.

NSE Nifty: (7849) The support for the Nifty is 7815-7775-7730-7715-7680 and the resistance to the up move is at 7888-7926-7980-8005 levels.

NSE BankNifty: (16754) The support for BankNifty is at 16605-16540-16380-16260 and the resistance to the up move is at 16885-16950-17100-17160 levels.

BSE Sensex: (25597) The support for the Sensex is at 25540-25445-25365-25200 and the resistance to the up move is at 25760-25885-25936-26035-26200 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Wednesday, May 11, 2016

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Market To Open Gap Negative, Go Long At Dips

 

Last Trading Session: EquityPandit Predicted that market would see some bounce and reversal would be seen if Nifty is able to hold 7715 levels and exactly same happened. EquityPandit also predicted that if Nifty closes above 7800 levels then we would consider that market has already bottomed out. Traders, who followed EquityPandit’s advice and went long might have earned huge profits in last 2 days. Nifty saw highs right at EquityPandit’s predicted resistance levels of 7900 like a dot. Finally, Indian Stock Market closed positive for the day.

Today: Indian Stock Market would open gap negative. Technically, Indian Stock Market is in positive zone but the news on Capital Gain Tax in new Mauritius Treaty would force market to see a sharp downfall. Anyways it would be temporary in nature and it is possible that market may recover after gap down opening. Traders should go long at sharp dip in the market. Now if Nifty closes above 8013 levels then it would form a solid Inverse Head and Shoulder Pattern (Bullish), that would confirm a Sharp breakout in complete Indian Stock Market including, Nifty, BankNifty and Sensex. FIIs were net buyers of Rs.328.59 crores whereas DIIs were net buyers of Rs.68.2 crores in cash market for last trading session. Nifty would see strong support at 7775-7730-7715-7680 whereas strong resistance would be seen at 7888-7926-7980-8005 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Apollo Tyres, Asian Paints, Chambal Fertilizers, Gulf Oil, Havells India, Indian Bank, Kotak mahindra Bank, Oracle Financial Services Software, Oriental Bank Of commerce, South Indian Bank and Vakrangee.

NSE Nifty: (7888) The support for the Nifty is 7775-7730-7715-7680 and the resistance to the up move is at 7888-7926-7980-8005 levels.

NSE BankNifty: (16785) The support for BankNifty is at 16605-16540-16380-16260 and the resistance to the up move is at 16885-16950-17100-17160 levels.

BSE Sensex: (25773) The support for the Sensex is at 25540-25445-25365-25200 and the resistance to the up move is at 25885-25936-26035-26200 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Monday, May 09, 2016

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Market Would See Some Bounce, Watch Nifty Levels of 7715 and 7800 for Further Direction

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative for the day. EquityPandit predicted that traders should hold short positions until Nifty holds 7800 levels and exactly same happened. Market fell down sharply while opening. BankNifty saw lows right at EquityPandit’s predicted support levels of 16188 like a dot. Finally, Market recovered a bit and closed flat with negative bias for the day.

Today: Indian Stock Market would open positive. Technically, Indian Stock Market is still in negative zone but now 7715 levels would be important closing levels for Nifty. If Nifty closes below 7715 levels then it would fell down to 7550 levels where its next strong support exists. But Market is loosing negative momentum, so If, market rebounds from here and closes above 7800 then we would consider that market has already bottomed out. Some positive short-covering rally can’t be ruled out at this point of time. Breaching levels of 8000 for Nifty and 17100 for BankNifty would confirm an Inverse Head and Shoulder Pattern (Bullish Pattern), which would force market to see a sharp breakout and we could even see new highs in few months, if that happens. Until then, we would consider market to be negative with some short covering rally seen and 7600-7500 would be considered as very strong support for Nity. FIIs were net buyers of Rs.27.71 crores whereas DIIs were net buyers of Rs.179.80 crores in cash market for last trading session. Nifty would see strong support at 7705-7685-7650-7615-7600 whereas strong resistance would be seen at 7795-7830-7865-7900 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Alstom India, Hindustan Unilever and Vardhman Textiles.

NSE Nifty: (7733) The support for the Nifty is 7705-7685-7650-7615-7600 and the resistance to the up move is at 7795-7830-7865-7900 levels.

NSE BankNifty: (16297) The support for BankNifty is at 16188-16011-15933-15840 and the resistance to the up move is at 16380-16475-16640-16780 levels.

BSE Sensex: (25228) The support for the Sensex is at 25110-25012-24950-24835 and the resistance to the up move is at 25380-25572-25660 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Nifty Outlook for the Week (May 09, 2016 – May 13, 2016)

EquityPandit’s Outlook for Nifty for week (May 09, 2016 – May 13, 2016):

NIFTY:

 

Nifty

 

Nifty ended the week on negative note losing around 1.50%.

As we have mentioned last week that support for the index lies in the zone of 7850 where 200 Daily SMA is lying. Minor support for the index lies in the zone of 7730 to 7780 where the index has opened gap up on 13/04/2016. If the index manages to close below these levels then the index can drift to the levels of 7500 to 7550 from where the index has broken down after making the double bottom pattern and 100 Daily SMA is lying. During the week the index manages to hit a low of 7678 and close the week around the levels of 7735.

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.

Resistance for the index lies in the zone of 7800 where 200 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 7950 to 8000 where 500 Daily SMA is lying.

Broad range for the week is seen from 7500 on downside to 8000 on upside.

Share Market Tips for – Friday, May 06, 2016

equitypandit_square

Hold Short Positions Until Nifty Closes Above 7800 Levels.

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPadnit predicted that market is still in negative zone but now near a bottoming out process, from where Nifty may see sharp recovery. EquityPandit also predicted that traders should go short at Positive rally and exactly same happened. Indian Stock Market opend flat with positive bias and fell down sharply to see lows around 7700 levels. Market recovered from there and made high of 7777 levels for Nifty. Market remained rangebound for the whole day with high volatility. Finally, Indian Stock Market closed positive for the day.

Today: Indian Stock Market would open gap negative. Technically, Indian Stock Market is still in negative zone. Analysis would still remain same. The downtrend looks to be capped around 7600-7500 levels. Now market is looking for direction. If market rebounds from here and closes above 7800 then we would consider that market has already bottomed out. Breaching levels of 8000 for Nifty and 17100 for BankNifty would confirm an Inverse Head and Shoulder Pattern (Bullish Pattern), which would force market to see a sharp breakout. Until then, we would consider market to be negative and 7600-7500 would be considered as very strong support for Nity. FIIs were net sellers of Rs.388.51 crores whereas DIIs were net buyers of Rs.251.79 crores in cash market for last trading session. Nifty would see strong support at 7705-7685-7650-7615-7600 whereas strong resistance would be seen at 7795-7830-7865-7900 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Aarti Industries, Birla Corp, Claris Lifesciences, Eveready Industries, Geometric, Greaves Cotton, Inox wind, KEC International, NIIT Technologies, Pfizer, Rain Industries, Reliance Capital, Siemens, SPARC, Titan, Wockhardt.

NSE Nifty: (7736) The support for the Nifty is 7705-7685-7650-7615-7600 and the resistance to the up move is at 7795-7830-7865-7900 levels.

NSE BankNifty: (16281) The support for BankNifty is at 16188-16011-15933-15840 and the resistance to the up move is at 16380-16475-16640-16780 levels.

BSE Sensex: (25262) The support for the Sensex is at 25110-25012-24950-24835 and the resistance to the up move is at 25380-25572-25660 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Thursday, May 05, 2016

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Go Short At Positive Rally, Nifty Has Strong Support At 7600-7500 Levels

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened negative for the day. EquityPandit predicted that market is in negative zone and traders can hold short positions as of now. EquityPandit also predicted that its target for Nifty of 7720 levels would achieve soon and exactly same happened. Indian Stock Market fell down sharply after a bit of recovery and traders who followed EquityPandit’s advice to hold short positions might have earned huge profits for the day. BankNifty saw strong resistance near EquityPandit’s predicted resistance levels of 16475 levels and fell down sharply to see lows right near EquityPandit’s predicted support levels of 16260 levels. Finally, Indian Stock Market closed gap negative for the day.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in negative zone. Now bottoming out process could be seen around 7600-7500 levels from where Nifty would see sharp recovery. For now, traders can continue to hold short positions as of now. FIIs were net sellers of Rs.66.45 crores whereas DIIs were net sellers of Rs.78.80 crores in cash market for last trading session. Nifty would see strong support at 7685-7650-7615-7600 whereas strong resistance would be seen at 7795-7830-7865-7900 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Aarti Drugs, Castrol India, Eicher Motors, Emami, Gillette India, Godrej Properties, Great Eastern Shipping, Hero Motocorp, IIFL Holding, MCX and P&G.

NSE Nifty: (7707) The support for the Nifty is 7685-7650-7615-7600 and the resistance to the up move is at 7795-7830-7865-7900 levels.

NSE BankNifty: (16274) The support for BankNifty is at 16188-16011-15933-15840 and the resistance to the up move is at 16380-16475-16640-16780 levels.

BSE Sensex: (25102) The support for the Sensex is at 25012-24950-24835-24600 and the resistance to the up move is at 25250-25380-25572-25660 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Wednesday, May 04, 2016

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Market To See Further Downfall, Hold Short Positions

 

Last Trading Session: Indian Stock Market opened positive for the day. EquityPandit predicted that some short covering rally (Positive Rally) can’t be ruled out but every positive movement in the market would be temporary and an opportunity for traders to go short and exactly same happened. Indian Stock Market moved sharply positive but saw strong resistance right at EquityPandit’s predicted resistance levels of 7900 for Nifty. Finally, Market fell down sharply from there and saw a breakdown. BankNifty also closed right above EquityPandit’s predicted support levels of 16377. BankNifty achieved EquityPandit’s target of 16380 levels. Finally, Indian Stock Market closed gap negative for the day. Traders, who followed EquityPandit’s advice might have earned whopping profits for the day.

Today: Indian Stock Market would open negative. Technically, Indian Stock Market is already in negative zone. Traders should continue to hold short positions as of now. Some temporary reaction would come but it would again be an opportunity to go short. Traders can short near EquityPandit’s predicted resistance levels. EquityPandit’s target of 7720 for Nifty would soon achieve. FIIs were net sellers of Rs.755.28 crores whereas DIIs were net buyers of Rs.484.64 crores in cash market for last trading session. Nifty would see strong support at 7715-7685-7650-7600 whereas strong resistance would be seen at 7795-7830-7865-7900 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Adani Enterprises, DHFL, Hexaware Technologies, Jindal Steel and Power, Orient Cement, SKS Microfinance and V-Guard Industries.

NSE Nifty: (7747) The support for the Nifty is 7715-7685-7650-7600 and the resistance to the up move is at 7795-7830-7865-7900 levels.

NSE BankNifty: (16389) The support for BankNifty is at 16260-16188-16011 and the resistance to the up move is at 16475-16640-16780-16940 levels.

BSE Sensex: (25230) The support for the Sensex is at 25180-25110-25012-24950 and the resistance to the up move is at 25572-25660-25790-25885 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, May 03, 2016

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Market in Negative Trend, Short At Every Positive Rally

 

Last Trading Session: Exactly as predicted by EquityPandit on Friday that Nifty has entered into negative zone. EquityPandit also predicted that traders should go short at every positive rally in the market and exactly same happened. Indian Stock Market opened negative for the day and went down sharply. Those who took short positions home on EquityPandit’s advice on Friday might have earned huge profits for the day. Nifty saw lows right near EquityPandit’s predicted support levels of 7780 and closed just above EquityPandit’s predicted levels of 7800. BankNifty also saw lows right at EquityPandit’s predicted support levels of 16514 like a dot. Finally, Indian Stock Market closed gap negative for the day.

Today: Indian Stock Market would open negative. Technically, Indian Stock Market including Nifty and BankNifty has entered into negative zone. Now some short covering rally (Positive Rally) can’t be ruled out but Every positive movement in the market would be temporary and an opportunity for traders to go short. Next target would be 7720 levels for Nifty and 16380 levels for BankNifty. FIIs were net buyers of Rs.434.93 crores whereas DIIs were net sellers of Rs.109.56 crores in cash market for last trading session. Nifty would see strong support at 7763-7720-7700-7685 whereas strong resistance would be seen at 7830-7865-7900-7925 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Adani Ports, Adani Power, Alstom T&D, BASF India, Century Textiles, Cera Sanitaryware, Godrej Consumer Products, MRF, Shoppers Stop, Tube Investments and TVS Motor.

NSE Nifty: (7806) The support for the Nifty is 7763-7720-7700-7685 and the resistance to the up move is at 7830-7865-7900-7925 levels.

NSE BankNifty: (16543) The support for BankNifty is at 16475-16377-16260-16188 and the resistance to the up move is at 16640-16780-16940-17000 levels.

BSE Sensex: (25437) The support for the Sensex is at 25256-25012 and the resistance to the up move is at 25572-25660-25790-25885 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Nifty Outlook for the Week (May 02, 2016 – May 06, 2016)

EquityPandit’s Outlook for Nifty for week (May 02, 2016 – May 06, 2016):

NIFTY:

 

NSE Nifty

 

Nifty ended the week on negative note losing around 0.70%.

As we have mentioned last week that the index has closed around the strong resistance zone of 7950 to 8000 where 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 8100 where trend-line joining earlier highs is lying. During the week the index manages to hit a high of 7992 and close the week around the levels of 7845.

Support for the index lies in the zone of 7850 where 200 Daily SMA is lying. Minor support for the index lies in the zone of 7730 to 7780 where the index has opened gap up on 13/04/2016. If the index manages to close below these levels then the index can drift to the levels of 7500 to 7550 from where the index has broken down after making the double bottom pattern and 100 Daily SMA is lying.

Strong resistance zone for the index lies in the range of 7950 to 8000 where 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 8050 where trend-line joining earlier highs is lying.

As we have mentioned in our weekly report on 15/02/2016 to 19/02/2016, the index has achieved our target of around 8000. Now it seems that we can witness some sharp correction or consolidation in the market, so it is wise to remain cautious and wait for the further direction.

Broad range for the week is seen from 7600 on downside to 8100 on upside.

Share Market Tips for – Friday, April 29, 2016

equitypandit_square

Nifty Entered Negative Trend, Short At Every Positive Movement

 

Last Trading Session: Indian Stock Market opened flat for the day. Complete Asian Market fell down sharply after Bank Of Japan’s monetary policy. EquityPandit suggested traders could hold long positions until Nifty holds 7878 levels. Nifty saw highs just below EquityPandit’s predicted resistance levels of 8000 and fell down sharply. Nifty breached EquityPandit’s suggested reversal levels of 7878 and finally entered into negative zone. Nifty closed just above EquityPandit’s predicted support levels of 7842 levels. Sensex also saw lows just above EquityPandit’s predicted support levels of 25540 levels. Finally, Indian Stock Market closed gap negative for the day.

Today: Indian Stock Market would open gap negative. Technically, Nifty has entered into negative zone but BankNifty is still in positive zone. BankNifty would also enter into negative zone once it closes below 16622 levels. If this happens, then a sharp breakdown would be seen in the market. Now Market would be weak and considered as sell on every positive movement until Nifty breaches 8013 levels. Initiate short positions only once BankNifty also enters into negative zone that would give confirmation of the trend. FIIs were net buyers of Rs.120.63 crores whereas DIIs were net sellers of Rs.416.21 crores in cash market for last trading session. Nifty would see strong support at 7815-7800-7780-7750 whereas strong resistance would be seen at 7900-7925-7980-8008 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Ajanta Pharma, Atul Ltd, Cholamandalam, Force Motor, GIC Housing Finance, ICICI Bank, IDFC, Marico, Oberoi Realty, Sanofi India, Shriram Transport Finance, SBBJ and UPL Ltd.

NSE Nifty: (7847) The support for the Nifty is 7815-7800-7780-7750 and the resistance to the up move is at 7900-7925-7980-8008 levels.

NSE BankNifty: (16717) The support for BankNifty is at 16622-16570-16514-16380 and the resistance to the up move is at 16780-16940-17000-17100 levels.

BSE Sensex: (25603) The support for the Sensex is at 25540-25445-25365-25256 and the resistance to the up move is at 25790-25885-25936-26016 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Thursday, April 28, 2016

equitypandit_square

Market To See Sharp Positive Movement, Hold Long Positions

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit predicted that Market is still in positive zone and traders should hold long positions until Nifty holds 7842 levels. EquityPandit also predicted that Nifty would see some resistance at 8000 levels and exactly same happened. Indian Stock Market including Nifty and Sensex remained flat for the whole day. Finally, Indian Stock Market closed positive right at EquityPandit’s predicted resistance levels of 7980 for Nifty, like a dot.

Today: Indian Stock Market would open gap positive. Technically, Analysis would remain same. Indian Stock Market is still in positive zone and traders should continue to hold long positions for now. Traders can hold long positions until Nifty closes below 7878 levels. BankNifty reversal would be seen only once it closes below 16622 levels, until then one could go long at dips in the market. Today, Bank Of Japan Monetary Policy Decision would affect complete Asian Stock Market direction. Market is still looking strong and may see a sharp breakout once closes above 8000 levels for Nifty. FIIs were net buyers of Rs.411 crores whereas DIIs were net sellers of Rs.295.07 crores in cash market for last trading session. Nifty would see strong support at 7926-7873-7842-7825 whereas strong resistance would be seen at 8005-8025-8043-8091-8150 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: ACC, Ambuja Cements, Dabur India, Granules India, HCL Technologies, HCC, Idea Cellular, Kajaria Ceramics, Nirlon, Tata Elxsi and Vedanta Ltd.

NSE Nifty: (7980) The support for the Nifty is 7926-7873-7842-7825 and the resistance to the up move is at 8005-8025-8043-8091-8150 levels.

NSE BankNifty: (16873) The support for BankNifty is at 16780-16622-16570 and the resistance to the up move is at 17000-17100-17155-17218 levels.

BSE Sensex: (26064) The support for the Sensex is at 25857-25622-25540-25445 and the resistance to the up move is at 26147-26200-26256-26340 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Wednesday, April 27, 2016

equitypandit_square

Hold Long Positions With Closing Stoploss Of 7842 Levels For Nifty

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat with negative bias for the day. EquityPandit predicted that market is loosing momentum but traders should initiate short positions only if Nifty closes below 7842 levels and until then traders should hold long positions. EquityPandit predicted that Nifty would see strength once it breaches levels of 7920 and exactly same happened. Traders, who followed EquityPandit’s advice might have earned whopping profits for the day. Nifty saw strong support at EquityPandit’s predicted support levels of 7825 from where it bounced. Sensex also saw strong support right at EquityPandit’s predicted support levels of 25540 levels. Market recovered sharply from day lows and saw highs right below EquityPandit’s predicted resistance levels of 7980 like a dot. Finally, Indian Stock Market closed gap positive for the day.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive zone and traders should continue to hold long positions for now. BankNifty would see some resistance near 17155 levels whereas Nifty would see some resistance at 8000-8020 levels. Closing above those levels would develop a new support for Market and a sharp bounce can be seen in the market. Now upside is open for the market and stoploss would be 7842 for Nifty on closing basis. Till then, every dip is an opportunity for traders to go long in market. FIIs were net buyers of Rs.512.22 crores whereas DIIs were net buyers of Rs.21.21 crores in cash market for last trading session. Nifty would see strong support at 7926-7873-7842-7825 whereas strong resistance would be seen at 7980-8005-8025-8043-8091 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

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Important Results Today: Alembic Pharma, Bharti Airtel, CEAT, Coromandel, Exide Industries, Gati, Inox Leisure, JSW Energy, KPIT Technologies, Lakshmi Vilas Bank, Sadbhav Engineering and Yes Bank.

NSE Nifty: (7963) The support for the Nifty is 7926-7873-7842-7825 and the resistance to the up move is at 7980-8005-8025-8043-8091 levels.

NSE BankNifty: (17003) The support for BankNifty is at 16921-16880-16780-16626 and the resistance to the up move is at 17100-17155-17218-17370 levels.

BSE Sensex: (26007) The support for the Sensex is at 25857-25622-25540-25445 and the resistance to the up move is at 26147-26200-26256-26340 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, April 26, 2016

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Market Loosing Momentum But Short Nifty Only If It Closes Below 7842 Levels

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened negative for the day. EquityPandit predicted that Market would see correction but traders should initiate short positions only if Nifty closes below 7842 levels. EquityPandit also predicted that traders should hold long positions until Nifty closes below 7842 levels and exactly same happened. Indian Stock Market opened negative for the day and saw sharp correction as predicted by EquityPandit. Nifty moved sharply negative but managed to close just above EquityPandit’s predicted support levels. BankNifty also saw highs just below EquityPandit’s predicted resistance levels of 16780 levels. Finally, Indian Stock Market close negative for the day exactly as per EquityPandit’s predictions.

Today: Indian Stock Market would open flat for the day. Technically, Indian Stock Market is still in positive zone but Nifty is near to reversal levels. Nifty, if breaches levels of 7842 by closing then it would see a reversal and we may see sharp downfall. BankNifty would now see reversal at 16400 levels. These are important levels and traders are suggested to consider these levels while taking any decision in market. A sharp downfall would be seen if Nifty and BankNifty closes below these levels. Now, Nifty needs to breach levels of 7920 again to show some strength. FIIs were net buyers of Rs.222.34 crores whereas DIIs were net sellers of Rs.747.95 crores in cash market for last trading session. Nifty would see strong support at 7842-7825-7775-7730 whereas strong resistance would be seen at 7926-7980-8005-8025 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Axis Bank, Bharti Infratel, Biocon, IDFC Bank, Maruti Suzuki, Rallis India and Raymond.

NSE Nifty: (7855) The support for the Nifty is 7842-7825-7775-7730 and the resistance to the up move is at 7926-7980-8005-8025 levels.

NSE BankNifty: (16679) The support for BankNifty is at 16540-16380-16260-16200 and the resistance to the up move is at 16780-16885-16950-17100 levels.

BSE Sensex: (25678) The support for the Sensex is at 25540-25445-25357 and the resistance to the up move is at 25890-25956-26035-26200 levels.

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Share Market Tips for – Monday, April 25, 2016

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Market To See Correction, Initiate Short Only if Nifty Breaches 7842 by Closing

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit predicted that market would be considered positive until Nifty holds 7842 levels. EquityPandit also predicted that BankNifty would still perform better than Nifty and exactly same happened. Finally, Indian Stock Market closed minor negative with BankNifty outperforming Nifty and Sensex.

Today: Indian Stock Market would open negative for the day. Technically, Indian Stock Market is still in positive zone but Some profit booking (correction) can’t be ruled out at this point of time. It looks that Nifty would correct before breaching levels of 8000. Levels of 8000 doesn’t look to be breached easily. Traders should wait for some correction and go long at dips. Market would see reversal if closed below 7842 levels for Nifty and 16358 levels for BankNifty and would enter into negative trend by then. If market closed below these levels then traders can initiate short positions. but until then, traders can go long at every dip in the market. FIIs were net buyers of Rs.191.07 crores whereas DIIs were net sellers of Rs.168.64 crores in cash market for last trading session. Nifty would see strong support at 7865-7842-7775-7730 whereas strong resistance would be seen at 7926-7980-8005-8025 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: ABB India, Delta Corp, Indiabulls Housing Finance, Indiabulls Real Esate, Tatasponge, UltraTech Cement and Welspun India Ltd.

NSE Nifty: (7899) The support for the Nifty is 7865-7842-7775-7730 and the resistance to the up move is at 7926-7980-8005-8025 levels.

NSE BankNifty: (16703) The support for BankNifty is at 16540-16380-16260-16200 and the resistance to the up move is at 16780-16885-16950-17100 levels.

BSE Sensex: (25838) The support for the Sensex is at 25720-25630-25540-25445 and the resistance to the up move is at 25956-26035-26200 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Nifty Outlook for the Week (April 25, 2016 – April 29, 2016)

EquityPandit’s Outlook for Nifty for week (April 25, 2016 – April 29, 2016):

NIFTY:

 

NSE Nifty

 

Nifty ended the week on positive note gaining around 0.70%.

As we have mentioned last week that the index has closed around the resistance zone of 7900 to 7950 where 200 & 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 8100 where trend-line joining earlier highs is lying. During the week the index manages to hit a high of 7978 and close the week around the levels of 7900.

Support for the index lies in the zone of 7850 where 200 Daily SMA is lying. Minor support for the index lies in the zone of 7700 to 7750 where the index has opened gap up on 13/04/2016. If the index manages to close below these levels then the index can drift to the levels of 7500 to 7550 from where the index has broken down after making the double bottom pattern and 100 Daily SMA is lying.

The index has closed around the strong resistance zone of 7950 to 8000 where 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 8100 where trend-line joining earlier highs is lying.

As we have mentioned in our weekly report on 15/02/2016 to 19/02/2016, the index has achieved our target of around 8000. Now it seems that we can witness some sharp correction or consolidation in the market, so it is wise to remain cautious and wait for the further direction.

Broad range for the week is seen from 7700 on downside to 8100 on upside.

 

Share Market Tips for – Friday, April 22, 2016

equitypandit_square

Market To See Some Correction, Hold Long Positions Until Nifty holds 7842

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive for the day. EquityPandit predicted that BankNifty is discounted and can see breakout anytime with targets of 16500-16800. EquityPandit also suggested traders to go long in BankNifty as it is undervalued and would perform much better than Nifty and exactly same happened. Indian Stock Market opened positive for the day as predicted by EquityPandit. Nifty remained lack-lusture for the day but BankNifty saw a sharp breakout from the levels achieving EquityPandit’s targets of 16500 and saw highs just near EquityPandit’s predicted resistance levels of 16780 levels. Nifty also saw highs right at EquityPandit’s predicted resistance levels of 7980 like a dot. Finally, BankNifty closed gap positive as predicted whereas Nifty and Sensex closed flat for the day. Sensex closed just below EquityPandit’s predicted resistance levels of 25885. Traders, who followed EquityPandit’s advice might have earned huge profits for the day.

Today: Indian Stock Market would open flat for the day. Technically, Indian Stock Market is still in positive zone. Now some profit booking can be seen but Market would be considered positive until Nifty holds 7842 levels. Once Nifty closes below 7842 levels, traders can initiate fresh shorts in Nifty. BankNifty would still perform better but possesses strong resistance at 16855 levels. Once BankNifty managed to breach those levels by closing, we would see levels of 17100 as next resistance cum targets for BankNifty. 17100 should be ultimate highs for time being, if it manages to reach there. But at those levels, we would again see sharp downfall in BankNifty. FIIs were net buyers of Rs.805.42 crores whereas DIIs were net buyers of Rs.65.72 crores in cash market for last trading session. Nifty would see strong support at 7850-7775-7730-7715 whereas strong resistance would be seen at 7980-8005-8025-8080 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

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Important Results Today: Cairn India Ltd., HDFC Bank, Mahindra CIE, Reliance Industries and Zensar Technologies.

NSE Nifty: (7912) The support for the Nifty is 7865-7850-7775-7730 and the resistance to the up move is at 7980-8005-8025-8080 levels.

NSE BankNifty: (16637) The support for BankNifty is at 16260-16200-16160-16060 and the resistance to the up move is at 16780-16885-16950-17100 levels.

BSE Sensex: (25880) The support for the Sensex is at 25720-25630-25540-25445 and the resistance to the up move is at 25956-26035-26200 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Thursday, April 21, 2016

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Bank Nifty To See Levels Of 16500-16800, If 16280 Levels Holds By Closing

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened positive for the day. EquityPandit predicted that BankNifty is discounted and traders should go long at dips in BankNifty. EquityPandit also predicted that BankNifty would outperform Nifty and exactly same happened. Indian Stock Market saw sharp profit booking at fell down but BankNifty continued to outperform Nifty for the whole trading session. Finally, Indian Stock Market, including Nifty, Sensex and BankNifty recovered to see new intraday highs for the day. BankNifty saw highs right near EquityPandit’s predicted resistance levels of 16380 like a dot. Traders, who followed EquityPandit’s advice to go long at dips in BankNifty might have earned whopping profits for the day. Finally, Indian Stock Market closed flat with BankNifty shinning in gap positive region.

Today: Indian Stock Market would open positive for the day. Technically, Indian Stock Market is still in positive zone. Now BankNifty is ready to see around 500 points movement in positive region. Next target for BankNifty is 16500-16800 levels. Traders, should go long in BankNifty at every dip in the market. Nifty would soon achieve 8000 mark. This movement is going to be a big breakout for BankNifty. EquityPandit suggested going long in BankNifty at 15550 levels and the logical wider target is set at 17000 levels, if BankNifty managed to hold 16280 levels by closing. FIIs were net sellers of Rs.80.10 crores whereas DIIs were net sellers of Rs.300.09 crores in cash market for last trading session. Nifty would see strong support at 7850-7775-7730-7715 whereas strong resistance would be seen at 7980-8005-8025-8080 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

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Important Results Today: Cyient Ltd, Hindustan Zinc, IndusInd Bank and Supreme Industries.

NSE Nifty: (7915) The support for the Nifty is 7865-7850-7775-7730 and the resistance to the up move is at 7980-8005-8025-8080 levels.

NSE BankNifty: (16350) The support for BankNifty is at 16260-16200-16160-16060 and the resistance to the up move is at 16540-16670-16700-16780 levels.

BSE Sensex: (25844) The support for the Sensex is at 25720-25630-25540-25445 and the resistance to the up move is at 25885-25956-26035-26200 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Wednesday, April 20, 2016

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Bank Nifty Discounted and Can See Breakout Anytime, Go Long At Dips

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened negative for the day though some positive jerk was seen while opening. EquityPandit predicted that sharp correction would be seen in the market but traders should go long at dips in the market and exactly same happened. Indian Stock Market opened flat due to positive jerk but within a minute, it has seen sharp downfall. BankNifty fell down sharply upto 16000 levels. Market recovered from day lows but saw strong resistance at EquityPandit’s predicted resistance levels of 7926 for Nifty and 25885 for Sensex like a dot. Nifty achieved EquityPandit’s predicted targets of 7888. Traders, who followed EquityPandit’s advice to go long at dips, might have earned huge profits for the day. BankNifty closed right above EquityPandit’s support levels of 16218 like a dot. Finally, Indian Stock Market closed positive with some pressure on BankNifty.

Today: Indian Stock Market would open positive for the day. Technically, Indian Stock Market is still in positive zone. Overall, trade is still in positive direction and Next target for Nifty is 8000 whereas next targets for BankNifty is 16500-17000 levels. As said earlier, Banking Sector is highly discounted, so traders should go long in BankNifty at dips. The fair value of BankNifty at this point of time should be around 17000 levels but it is lot discounted due to many economy and NPA issues. We can anytime see a sharp breakout in BankNifty. FIIs were net buyers of Rs.977.98 crores whereas DIIs were net sellers of Rs.313.22 crores in cash market for last trading session. Nifty would see strong support at 7850-7775-7730-7715 whereas strong resistance would be seen at 7980-8005-8025-8080 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

Important Results Today: Network18 Media, TV18, VST Industries and Wipro Ltd.

NSE Nifty: (7915) The support for the Nifty is 7850-7775-7730-7715 and the resistance to the up move is at 7980-8005-8025-8080 levels.

NSE BankNifty: (16223) The support for BankNifty is at 16218-16060-15933-15760 and the resistance to the up move is at 16380-16540-16700-16780 levels.

BSE Sensex: (25816) The support for the Sensex is at 25630-25540-25445-25365 and the resistance to the up move is at 25885-25936-26035-26200 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Monday, April 18, 2016

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Sharp Correction Would be Seen But Go Long At Dips

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap positive for the day. EquityPandit predicted that market would see sharp breakout and exactly same happened. EquityPandit also suggested traders to either hold long positions and next target would be 7800-7888 for Nifty and 16200-16500 for BankNifty which finally got achieved. Indian Stock Market opened gap positive and saw a sharp breakout as predicted by EquityPandit. Traders who followed EquityPandit’s advice might have earned whopping profits for the day. Nifty and BankNifty closed right below EquityPandit’s predicted resistance levels of 7855 and 16280 like a dot. EquityPandit was the first research company to predict this breakout at 15568 for BankNifty and 7555 for Nifty. EquityPandit has also advised traders to go long in BankNifty and Nifty on April 11, 2016 at those levels. Market saw a sharp breakout since then. Finally, Indian Stock Market closed gap positive for the day.

Today: Indian Stock Market would open gap negative. Technically, Indian Stock Market is still in positive zone. Infosys has disclosed better than expected results and hence would see sharp positive movement. Sharp profit booking (sharp correction) can be seen in the market today but traders should continue to buy at dips and book partial profits at higher levels near EquityPandit’s suggested resistance levels. Overall, trade is in positive direction and Next target for Nifty is 7888-8000 whereas next targets for BankNifty is 16500-17000 levels, if Nifty managed to hold 7700 levels. Banking Sector is highly discounted, so traders should go long in BankNifty at dips. The fair value of BankNifty at this point of time should be around 16800 but it is lot discounted due to many economy and NPA issues. FIIs were net buyers of Rs.644.27 crores whereas DIIs were net buyers of Rs.269.89 crores in cash market for last trading session. Nifty would see strong support at 7825-7775-7730-7715 whereas strong resistance would be seen at 7888-7926-7980-8005 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

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NSE Nifty: (7850) The support for the Nifty is 7825-7775-7730-7715 and the resistance to the up move is at 7888-7926-7980-8005 levels.

NSE BankNifty: (16279) The support for BankNifty is at 16218-16060-15933-15760 and the resistance to the up move is at 16380-16540-16700-16780 levels.

BSE Sensex: (25627) The support for the Sensex is at 25540-25445-25365-25200 and the resistance to the up move is at 25790-25885-25936-26035 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Nifty Outlook for the Week (April 18, 2016 – April 22, 2016)

EquityPandit’s Outlook for Nifty for week (April 18, 2016 – April 22, 2016):

NIFTY:

 

NSE Nifty

 

Nifty ended the week on positive note gaining around 3.90%.

As we have mentioned last week that 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 index has opened with the gap up on 03/03/2016 and short term moving averages are lying. During the week the index manages to hit a low of 7517 and bounce to close the week around the levels of 7850.

Minor support for the index lies in the zone of 7700 to 7750 where the index has opened gap up on 13/04/2016. 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 index has opened with the gap up on 03/03/2016 and short term moving averages are lying.

The index has closed around the resistance zone of 7900 to 7950 where 200 & 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 8100 where trend-line joining earlier highs is lying.

Broad range for the week is seen from 7600 on downside to 8000 on upside.

Share Market Tips for – Wednesday, April 13, 2016

equitypandit_square

Market Would See Sharp Breakout Today, Hold Long Positions

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day with 2 points negative for Nifty. EquityPandit predicted that Indian Stock Market has entered positive zone and traders should buy at dips in the market. EquityPandit also predicted that Market would see some resistance near 7715 for Nifty and 15950 levels for BankNifty and exactly same happened. Indian Stock Market saw some correction in initial trade but recovered sharply and saw highs right at EquityPandit’s predicted resistance levels of 7715 for Nifty and 15950 for BankNifty like a dot. Traders, who followed EquityPandit’s advice to go long at dips might have earned huge profits for the day and would continue to earn so. Finally, Indian Stock Market closed positive for the day.

Today: Indian Stock Market would open gap positive. Technically, Indian Stock Market is still in positive zone. Today, we would see a sharp breakout in the market. Market may now move towards 7800-8000 levels for Nifty and 16500-17000 levels for BankNifty in upcoming days. Traders are suggested to go long at every dip in the market. If Nifty manages to hold 7600 levels in upcoming sessions then market would see a sharp breakout from here. Now, a sharp breakout is round the corner. Next targets for Nifty is 7800-7888 levels and BankNifty is 16200-16500 levels in upcoming sessions. FIIs were net buyers of Rs.307.72 crores whereas DIIs were net sellers of Rs.61.74 crores in cash market for last trading session. Nifty would see strong support at 7643-7600-7564-7500 whereas strong resistance would be seen at 7725-7776-7855-7888 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7709) The support for the Nifty is 7643-7600-7564-7500 and the resistance to the up move is at 7725-7776-7855-7888 levels.

NSE BankNifty: (15880) The support for BankNifty is at 15735-15515-15450-15365 and the resistance to the up move is at 15950-16060-16156-16280 levels.

BSE Sensex: (25146) The support for the Sensex is at 25060-24950-24834-24680 and the resistance to the up move is at 25280-25342-25572 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, April 12, 2016

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Market Entered Positive Zone, Go Long At Dips

 

Last Trading Session: Indian Stock Market opened positive for the day. EquityPandit predicted that market is in negative zone but FIIs trading pattern shows that we may see a big breakout in upcoming trading sessions. EquityPandit also predicted that traders should initiate fresh long positions if Nifty breaches 7635 levels and exactly same happened. Indian Stock Market breached EquityPandit’s given levels and saw a sharp breakout from there. Traders, who followed EquityPandit’s advice to go long, if Nifty breaches 7635 might have earned good profits for the day. Sensex saw highs right below EquityPandit’s predicted resistance levels of 25060. Finally, Indian Stock Market closed gap positive for the day.

Today: Indian Stock Market would open flat. Technically, Indian Stock Market has entered positive zone. Now, traders can go long at every dip in the market. If Market managed to hold 7500 levels in upcoming sessions then this would be a long positive trend and we may see a sharp breakout from here. Now, a sharp breakout is round the corner. Once BankNifty closes above 15840 levels, we would see huge positive momentum and sharp breakout would be seen in overall market that would take Nifty near to 7777-7800 levels and BankNifty to 16000-16200 levels in upcoming session. FIIs were net buyers of Rs.107.23 crores whereas DIIs were net buyers of Rs.303.88 crores in cash market for last trading session. Nifty would see strong support at 7643-7600-7564-7500 whereas strong resistance would be seen at 7715-7776-7855-7888 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7671) The support for the Nifty is 7643-7600-7564-7500 and the resistance to the up move is at 7715-7776-7855-7888 levels.

NSE BankNifty: (15819) The support for BankNifty is at 15735-15515-15450-15365 and the resistance to the up move is at 15950-16060-16156-16280 levels.

BSE Sensex: (25022) The support for the Sensex is at 24950-24834-24680-24550 and the resistance to the up move is at 25120-25280-25342-25572 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Monday, April 11, 2016

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Initiate Long Positions Only If Nifty Breaches 7635 Until Then Hold Short

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit predicted that market would be rangebound and traders should hold short positions as of now. Indian Stock Market saw sideways movement in a rangebound region between EquityPandit’s predicted support and resistance levels. Finally, Indian Stock Market closed flat for the day.

Today: Indian Stock Market would open flat with negative bias. Technically, Indian Stock Market is still in negative zone. Analysis would still remain same. Now, trend reversal would be seen only if Nifty closes above 7635 levels and BankNifty closes above 15842 levels. If that happens, we would see a sharp breakout in the market and traders should initiate fresh long positions if these levels are breached in the market on intraday basis and take long positions home, if market closes above these levels. Some interesting observation was seen When EquityPandit did some research on FIIs trades in last couple of days. We found that FIIs trades looks like they are exiting the short positions in Stock Futures that was sold at higher levels and are accumulating long positions in index futures and hence market is not breaching its support levels. This shows that we are near to see a big breakout in the market in upcoming days. But for now, until the EquityPandit’s predicted reversal levels are not brached by closing, traders should hold short positions. FIIs were net buyers of Rs.180.27 crores whereas DIIs were net sellers of Rs.159.01 crores in cash market for last trading session. Nifty would see strong support at 7515-7485-7454-7416 whereas strong resistance would be seen at 7585-7640-7663-7700 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7555) The support for the Nifty is 7515-7485-7454-7416 and the resistance to the up move is at 7585-7640-7663-7700 levels.

NSE BankNifty: (15568) The support for BankNifty is at 15500-15365-15200 and the resistance to the up move is at 15605-15803-15956-16020 levels.

BSE Sensex: (24674) The support for the Sensex is at 24550-24488-24380 and the resistance to the up move is at 24805-24915-24988-25060 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Nifty Outlook for the Week (April 11, 2016 – April 13, 2016)

EquityPandit’s Outlook for Nifty for week (April 11, 2016 – April 13, 2016):

NIFTY:

 

NSE Nifty

 

Nifty ended the week on negative note losing around 2.00%.

As we have mentioned last week that support for the index lies in the zone of 7500 to 7600 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 index has opened with the gap up on 03/03/2016 and short term moving averages are lying. During the week the index manages to hit a low of 7527 and close the week around the levels of 7558.

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 index has opened with the gap up on 03/03/2016 and short term moving averages are lying.

Minor resistance for the index lies in the zone of 7720 where the index has opened gap down on 07/01/2016. Resistance for the index lies in the zone of 7900 where 200 & 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 8100 where trend-line joining earlier highs is lying.

Broad range for the week is seen from 7400 on downside to 7800 on upside.

Share Market Tips for – Friday, April 08, 2016

equitypandit_square

Continue Shorts In The Market Until Nifty Breaches 7685 Levels By Closing

 

Last Trading Session: Indian Stock Market opened flat with positive biased for the day. EquityPandit predicted that Indian Stock Market is in negative trend and traders should go short at every positive rally, until Nifty breaches levels of 7710 by closing and exactly same happened. Indian Stock Market opened positive but were not able to sustain positive movement and fell down sharply. Traders, who followed EquityPandit’s advice might have earned huge profits for the day. Sensex closed just above EquityPandit’s predicted support levels of 24680 levels. BankNifty also managed to close just above EquityPandit’s predicted support levels of 15500 levels. Finally, Indian Stock Market closed gap negative for the day.

Today: Indian Stock Market would open flat for the day. Technically, Indian Stock Market is still in negative zone. Every positive movement would be an opportunity for traders to go short in the market. Nifty if breaches levels of 7500 then next targets would come around 7416 levels. 7400 would act as strong support levels for Nifty, which if breached, we can see levels of 7250 in that case for Nifty. Next target for BankNifty is around 15250-15200 levels, which would act as strong support zone for BankNifty, breaching which market can see a further sharp breakdown upto 14500 levels for BankNifty. 7640-7685 would act as strong resistance levels for Nifty, breaching which by closing, Nifty would see sharp positive rally with a big breakout. BankNifty would reverse the trend if it closes above 15895 levels. For now, traders should holding short positions as suggested by EquityPandit day before yesterday, with strict closing stoploss of 7685 for Nifty and 15895 for BankNifty. FIIs were net sellers of Rs.294.72 crores whereas DIIs were net sellers of Rs.16.06 crores in last trading session. Nifty would see strong support at 7515-7485-7454-7416 whereas strong resistance would be seen at 7585-7620-7663-7700 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7546) The support for the Nifty is 7515-7485-7454-7416 and the resistance to the up move is at 7585-7620-7663-7700 levels.

NSE BankNifty: (15531) The support for BankNifty is at 15500-15365-15200 and the resistance to the up move is at 15605-15803-15956-16020 levels.

BSE Sensex: (24685) The support for the Sensex is at 24550-24488-24380 and the resistance to the up move is at 24805-24915-24988-25060 levels.

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Share Market Tips for – Thursday, April 07, 2016

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Market To Remain Weak Until Nifty Closes Above 7710

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap positive for the day. EquityPandit predicted that market would see positive reaction but traders should go short at every positive movement in the market and exactly same happened. Indian Stock Market opened positive but was not able to hold those positive levels and fell down sharply. Sensex saw lows right at EquityPandit’s predicted support levels of 24834 like a dot. Traders, who followed EquityPandit’s advice might have earned huge profits for the day. Finally, Indian Stock Market closed flat for the day.

Today: Indian Stock Market would open flat for the day. Technically, Indian Stock Market is in negative zone. Some positive movement would come but it would be considered fake until Nifty breaches levels of 7710 by closing. Closing above levels of 7710 would again bring Nifty in positive zone and if that happens, it would be a big breakout. But for now, market would be considered as sell on rally. FIIs were net sellers of Rs.493.56 crores whereas DIIs were net buyers of Rs.258.69 crores in last trading session. Nifty would see strong support at 7600-7564-7500-7479 whereas strong resistance would be seen at 7710-7730-7780-7855 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7614) The support for the Nifty is 7600-7564-7500-7479 and the resistance to the up move is at 7710-7730-7780-7855 levels.

NSE BankNifty: (15637) The support for BankNifty is at 15570-15500-15365-15200 and the resistance to the up move is at 15803-15956-16020-16156 levels.

BSE Sensex: (24901) The support for the Sensex is at 24834-24680-24550 and the resistance to the up move is at 24988-25060-25120-25280levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Wednesday, April 06, 2016

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Market To Open Positive But Traders Should Short At Positive Rally

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened gap negative for the day. EquityPandit predicted that Market would open gap negative and If RBI announces 25 bps rate cut then we would see sharp downfall in Indian Stock Market and exactly same happened. RBI announced rate cut of 25 bps and after some flickering, market fell down sharply with more than 150 points for Nifty and 500 points for Sensex. Traders, who followed EquityPandit’s advice might have earned huge profits for the day. Nifty closed just above EquityPandit’s predicted support levels of 7600 like a dot. Finally, Indian Stock Market closed gap negative for the day.

Today: Indian Stock Market would open gap positive for the day on the account of short-covering. Technically, Indian Stock Market, including Nifty, Sensex and BankNifty has entered into negative zone. Some positive reaction may be seen against yesterday’s sharp downfall but now the trade is to go short at every positive rally in the market. Traders should short Nifty and BankNifty near EquityPandit’s resistance levels. FIIs were net sellers of Rs.800.79 crores whereas DIIs were net buyers of Rs.55.85 crores in last trading session. Nifty would see strong support at 7600-7564-7500-7479 whereas strong resistance would be seen at 7700-7730-7780-7855levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7603) The support for the Nifty is 7600-7564-7500-7479 and the resistance to the up move is at 7700-7730-7780-7855 levels.

NSE BankNifty: (15695) The support for BankNifty is at 15600-15500-15365-15200 and the resistance to the up move is at 15803-15956-16020-16156 levels.

BSE Sensex: (24884) The support for the Sensex is at 24834-24680-24550 and the resistance to the up move is at 24988-25060-25120-25280levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Tuesday, April 05, 2016

equitypandit_square

Market To Open Gap Negative, RBI Policy To Decide Further Direction

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened opened flat with positive bias. EquityPandit predicted that market may see some correction but overall market is positive and traders should go long at dips in the market. EquityPandit also predicted that Nifty would see strong support at 7700 levels and exactly same happened. Indian Stock Market opened positive but saw sharp correction from there. Nifty saw strong support right at EquityPandit’s predicted support levels of 7700 like a dot. BankNifty also closed right below EquityPandit’s predicted resistance levels of 16200. Finally, Market recovered and closed near to the day highs as per EquityPandit’s predictions. Traders, who followed EquityPanit’s advice might have earned huge profits for the day.

Today: Indian Stock Market would open gap negative for the day. Technically, Indian Stock Market is still in positive zone but some correction would definitely be seen in initial trading hours. 7700 would act as immediate support for Nifty on closing basis, breaching which by closing, Market would enter into weaker zone. Today is the D-day. RBI Policy would be disclosed today at 11:00 AM. Rate cut is expected but two possibilities can be seen. First, if RBI sees Rate cut of 50 bps, which street is expecting, in that case we would see sharp positive movement and levels of 17000 would be seen for BankNifty in days to come. Secondly, If RBI anounces rate cut of 25 bps, in that case we would see some sharp negative jerk but it would be temporary in nature and would again recover in few hours or few days. Overall, Market is positive and every dip would be an opportunity for traders to go long in the market until Nifty hold 7641 levels by closing. FIIs were again net buyers of Rs.236.82 crores whereas DIIs were net sellers of Rs.333.74 crores in last trading session. Nifty would see strong support at 7700-7675-7645-7600 whereas strong resistance would be seen at 7785-7805-7855-7888-7954 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7759) The support for the Nifty is 7700-7675-7645-7600 and the resistance to the up move is at 7785-7805-7855-7888-7954 levels.

NSE BankNifty: (16191) The support for BankNifty is at 16012-15933-15819-15760 and the resistance to the up move is at 16380-16500-16670-16800 levels.

BSE Sensex: (25400) The support for the Sensex is at 25200-25110-25012-24950 and the resistance to the up move is at 25572-25660-25831-26060 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Share Market Tips for – Monday, April 04, 2016

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Overall Market Positive, RBI Policy to decide further Market direction

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened negative for the day. EquityPandit predicted that Indian Stock Market would see some correction as Global Markets are near strong resistance and exactly same happened. EquityPandit also predicted that traders should hold long positions until Nifty holds 7700 by closing and exactly same happened. Nifty opened negative and saw further downfall as predicted by EquityPandit. BankNifty also saw lows right near EquityPandit’s predicted support levels of 16012. Sensex also saw lows right near EquityPandit’s predicted support levels of 25110 levels. Traders, who followed EquityPandit’s advice might have earned decent profits for the day. Finally, Indian Stock Market recovered from day lows and managed to close above 7700 levels for Nifty, though in negative region.

Today: Indian Stock Market would open flat with positive bias for the day. Technically, Indian Stock Market is still in positive zone. Though US Dow Jones closed just below EquityPandit’s predicted resistance levels of 17800 like a dot, but now it looks that US Market would see positive momentum in days to come. For Indian Stock Market, the overall movement would be positive but RBI Policy holds the key for further direction. RBI Policy that is going to be disclosed on April 05, 2016, would decide further market movement. EquityPandit expects two possibilities either 50 bps rate cut or 25 bps rate cut. If RBI announced 50 bps rate cut, then the positive momentum would continue and we would see levels of 17000 for BankNifty in days to come. But if RBI announced 25 bps rate cut, then we would see some sharp negative jerk in the movement for the day but overall market would continue positive in days to come. Traders should go long and buy at dips in the market until Nifty closes below 7700 levels and BankNifty closes below 16000 levels. FIIs started the new financial year with net inflows. FIIs were again net buyers of Rs.214.01 crores whereas DIIs were net sellers of Rs.519.91 crores in last trading session. FIIs have closed March 2016 by net inflows of Rs.24,201.51 crores. Nifty would see strong support at 7700-7675-7645-7600 whereas strong resistance would be seen at 7750-7785-7805-7855 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7713) The support for the Nifty is 7700-7665-7645-7600 and the resistance to the up move is at 7750-7785-7805-7855 levels.

NSE BankNifty: (16175) The support for BankNifty is at 16012-15933-15819-15760 and the resistance to the up move is at 16200-16258-16380-16500 levels.

BSE Sensex: (25270) The support for the Sensex is at 25200-25110-25012-24950 and the resistance to the up move is at 25382-25572-25660-25831 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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Nifty Outlook for the Week (April 04, 2016 – April 08, 2016)

EquityPandit’s Outlook for Nifty for week (April 04, 2016 – April 08, 2016):

NIFTY:

 

NSE Nifty

 

Nifty ended the week on absolutely flat note.

As we have mentioned last week that support for the index lies in the zone of 7500 to 7600 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 this levels then the index can drift to the levels of 7400 where the index has opened with the gap up on 03/03/2016 and short term moving averages are lying. During the week the index manages to hit a low of 7582 and close the week around the levels of 7713.

Support for the index lies in the zone of 7500 to 7600 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 this levels then the index can drift to the levels of 7400 where the index has opened with the gap up on 03/03/2016 and short term moving averages are lying.

Minor resistance for the index lies in the zone of 7720 where the index has opened gap down on 07/01/2016. Resistance for the index lies in the zone of 7900 where 200 & 500 Daily SMA is lying. If the index manages to close above this levels then the index can move to the levels of 8100 where trend-line joining earlier highs is lying.

Broad range for the week is seen from 7500 on downside to 7900 on upside.

Share Market Tips for – Friday, April 01, 2016

equitypandit_square

Indian Market May See Some Correction as Global Markets Near Resistance

 

Last Trading Session: Exactly as predicted by EquityPandit, Indian Stock Market opened flat for the day. EquityPandit predicted that market has entered into positive zone and traders should go long at every dip in the market and exactly same happened. Indian Stock Market moved sharply positive after flat opening as predicted by EquityPandit. Market fell down sharply but recovered during closing. Nifty saw highs right near EquityPandit’s predicted resistance levels of 7780 like a dot. BankNifty also achieved EquityPandit’s target of 16200 levels. Traders, who followed EquityPandit’s advice might have earned huge profits for the day. Finally, Indian Stock Market closed flat for the day.

Today: Indian Stock Market would open gap negative for the day. Technically, Indian Stock Market is still in positive zone but global market is near a critical resistance which would force Indian Stock Market to see some correction now. Traders should hold long only until Nifty holds 7700 levels by closing. 7800 levels for Nifty is the next target and may achieve in days to come but the levels of 7700 by closing is important level to watch out for. US Index Dow Jones have entered into Monthly (Long-term) Positive zone but has strong resistance at 17800 on intraday basis and 17750 by closing basis. So, Until, these levels are not breached going long would remain risk for Indian Stock Market, so traders should hedge any long positions with Put options. FIIs were again net buyers of whooping Rs.4056.62 crores whereas DIIs were net sellers of Rs.2890.57 crores in last trading session. FIIs have closed March 2016 by net inflows of Rs.24,201.51 crores. Nifty would see strong support at 7700-7675-7645-7600 whereas strong resistance would be seen at 7785-7805-7855-7888 levels. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

Click Here to Check the Trend Of Major Indices and Stocks

NSE Nifty: (7738) The support for the Nifty is 7700-7675-7645-7600 and the resistance to the up move is at 7785-7805-7855-7888 levels.

NSE BankNifty: (16142) The support for BankNifty is at 16012-15933-15819-15760 and the resistance to the up move is at 16200-16258-16380-16500 levels.

BSE Sensex: (25342) The support for the Sensex is at 25200-25110-25012-24950 and the resistance to the up move is at 25382-25572-25660-25831 levels.

Note: All our Premium paid subscribers earn very good daily profits irrespective of any market direction. If you wish to subscribe for premium packages or have any queries, kindly contact us or mail us at admin@equitypandit.com or call our Executive at 08000816688.

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