The MARKET
closed the week flat with the Sensex at 27061 gaining 34 points while the Nifty ended at 8105 with a gain of 18 points. The market may open listless today reacting to a disappointing IIP data for July’14 which fell to 0.5 per cent, the lowest this financial year while CPI remained flat at 7.8 per cent from 7.96 per cent in July’14. Investors this week will be keenly watching I T advance tax due on Sept. 15th to judge Q2 corporate earnings. Readers are advised to TRADEwith caution keeping STOCK specific approach.
closed the week flat with the Sensex at 27061 gaining 34 points while the Nifty ended at 8105 with a gain of 18 points. The market may open listless today reacting to a disappointing IIP data for July’14 which fell to 0.5 per cent, the lowest this financial year while CPI remained flat at 7.8 per cent from 7.96 per cent in July’14. Investors this week will be keenly watching I T advance tax due on Sept. 15th to judge Q2 corporate earnings. Readers are advised to TRADEwith caution keeping STOCK specific approach.
NIFTY FUTURE (Last close 8137.85)
The counter closed the week flat gaining 21 points amid high volatility and intra week swing of over 128 points. The counter this week may remain in the range of 8049-8226, break above it may move up to 8256/8279 or else break below it may slide to 8025/7995. For today’s trading the counter to gain strength needs to TRADE and remain above 8152.75 whereby it may move up to 8169/8187. Strong support for the counter exists at 8121.25 which if breached decisively with volumes then it may slide to 8095/8073.
The counter closed the week flat gaining 21 points amid high volatility and intra week swing of over 128 points. The counter this week may remain in the range of 8049-8226, break above it may move up to 8256/8279 or else break below it may slide to 8025/7995. For today’s trading the counter to gain strength needs to TRADE
and remain above 8152.75 whereby it may move up to 8169/8187. Strong support for the counter exists at 8121.25 which if breached decisively with volumes then it may slide to 8095/8073.
BANK NIFTY FUTURE (Last close 16320.60)
The counter after remaining firm throughout the past week closed gaining over 250 points. The counter this week may remain in the range of 16143-16461, break above it may move up to 16489/16560 or else break below it may slide to 16082/16030. For today’s trading the counter to gain strength needs to TRADE and remain above 16349.75 whereby it may move up to 16388/16429. Strong support for the counter exists at 16289.25 which if breached decisively with volumes then it may slide to 16240/16200.
The counter after remaining firm throughout the past week closed gaining over 250 points. The counter this week may remain in the range of 16143-16461, break above it may move up to 16489/16560 or else break below it may slide to 16082/16030. For today’s trading the counter to gain strength needs to TRADE
and remain above 16349.75 whereby it may move up to 16388/16429. Strong support for the counter exists at 16289.25 which if breached decisively with volumes then it may slide to 16240/16200.
SSLT FUTURE (Last close 290.40)
The stock after consolidating closed the week gaining over 2% with moderate volumes. The stock appears positive on charts and may move up to 293/295 on volume trading. Strong support for the stock exists at 287.25.
The stock after consolidating closed the week gaining over 2% with moderate volumes. The stock appears positive on charts and may move up to 293/295 on volume trading. Strong support for the stock exists at 287.25.
JAIN IRRIGATION FUTURE (Last close 94.85)
The stock after consolidating closed the week gaining over 5% with moderate volumes. The stock appears positive on charts and may move up to 97/99 on volume TRADING. Strong support for the stock exists at 92.00
The stock after consolidating closed the week gaining over 5% with moderate volumes. The stock appears positive on charts and may move up to 97/99 on volume TRADING
. Strong support for the stock exists at 92.00
No comments:
Post a Comment