Showing posts with label market outlook for next week. Show all posts
Showing posts with label market outlook for next week. Show all posts


The Market continuously going down, Today it opened with a positive node and Nifty touch the level of 5608 mark but after then it fall back. Today Sensex closed at 18,197.20 with -12.32 down points or -0.07% down. And the Nifty closed at 5,482.00 with -5.75 negative points or down by -0.10%. The good news is the market has now recovering from the previous down trand and now new contract has in progress so we are hoping that the Market will open in a positive manner tomorrow.
In Nifty technically the market is in a typically sideways zone with 5400 as a strong support zone to work with and 5570 as a strong resistance zone to work with.It is looking bullish in the coming trading session if it manages to trade above the Resistance level of 5570 else below the Support level of 5400 it would be down trend.


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After getting a good flow of the market in this week market has gone down today and given result in red points, today Sensex closed at 18,762.80 with -83.07 down points or -0.44% down. And the Nifty closed at 5,627.20 with -20.20 down points or down by -0.36%.
On the other side in the Derivatives Nifty Futures: it closed with -17.20 negative points and settle at 5,638.20 down by -0.30%. So over all market was bearish today and it may start with a positive manner in next trading session.
After facing a good bullish trend today the market has gone down and not able to maintain the same position of yesterday and it has given result in red points, and it will be hopping that the market will open with a positive node in next trading session.
In Nifty technically the market is in a typically sideways zone with 5530 as a strong support zone to work with and 5740 as a strong resistance zone to work with.It is looking bullish in the coming trading session if it manages to trade above the Resistance level of 5740 else below the Support level of 5530 it would be down trend.

RESISTANCE: It has first resistance close to the level of 5740 & above this level the next resistance is seen near the 5820 mark.

SUPPORT: It has first support close to the level of 5530 & below this level the next support is seen near 5440 mark.

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Today Sensex closed at 18,268.54 with -116.36 down points or down by -0.63%. And the Nifty closed at 5,485.80 with -35.25 down points or down by -0.64%. On the other side in the Derivatives Nifty Futures: it closed with -32.10 negative points and settle at 5,487.05 down by -0.58%. So over all market was down today and may start with same manner in next trading session. At the llast trading session the market take the down trend and made a position in red points.
The market still has to deal with a few headwinds, high oil prices and rising interest rate cycle, this is not going to be very good for equity valuations at least in the near term. However, these won't dramatically impact the market because people are already underweight and aware of some of these risks. There can be a plus or minus 10% on either side at this point in time unless either things get significantly worse .
As the Market showing ups and downs in last some trading sessions, It is not a right time to make a long term position. We recommend that trade in small profit and trade in Intraday positions and if you get 30-50 points up that will be right time to put out your self from the market.

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Today Sensex closed at 18,376.48 with -117.70 down points or down by -0.64%. And the Nifty closed at 5,516.75 with -33.60 down points or down by -0.61%.
On the other side in the Derivatives Nifty Futures: it closed with -24.65 negative points and settle at 5,533.80 down by -0.44%. So over all market was down today and may start with same manner in next trading session.
The market still has to deal with a few headwinds, high oil prices and rising interest rate cycle, this is not going to be very good for equity valuations at least in the near term. However, these won't dramatically impact the market because people are already underweight and aware of some of these risks. There can be a plus or minus 10% on either side at this point in time unless either things get significantly worse .
As the Market showing ups and downs in last some trading sessions, It is not a right time to make a long term position. We recommend that trade in small profit and trade in Intraday positions and if you get 30-50 points up that will be right time to put out your self from the market. 
 
Bullish stocks for next week- Tata Motors, Hero Honda, Bajaj Auto, Maruti Suzuki India Ltd.

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