Monday, 22 May 2017

Stock Future Tips For Tomorrow: 23th May


The market began the expiry week on the positive side, with consolidation seen throughout the session, albeit the opening tick.The Sensex ended 106.05 points higher at 30570.97, while the Nifty closed up about 10.35 points at 9438.25. The market breadth was negative as just 892 shares advanced against a decline of 1,859 shares, while 165 shares were unchanged.

Maximum sector are closed with negative leads. The BSE Small Cap slipped 172 points at 15054, BSE Mid-Cap dropped 176 points to 14467 while The Nifty Mid-cap index continued its corrective phase from the previous sessions and fell over a percent, along with pharma and PSU banks. Dish TV, Apollo Tyres, Century Textiles, and Aditya Birla Nuvo lost around a percent, while Jindal Steel, JSW Energy and Arvind gained the most.

Today's Top Gainers: ITC, Larsen, Adani Ports, Tata Motors, HUL. 

Today's Top Losers: SBI, Lupin, GAIL, Bajaj Auto, M&M.

Nifty Future Tips For Tomorrow
BUY GLENMARK FUTURE ABOVE 675 TARGETS 681 , 687 , 693 STOP LOSS 663

SELL ADANIENT FUTURE BELOW 120.6 TARGETS 120.1, 119.6, 119.1 STOP LOSS 121.6

Latest Commodity Updates - Expert View


Benchmark indices continued to trade in a range after seeing a gap up opening, with the Nifty above 9450 mark. The Sensex gained 136.76 points at 30601.68, while the Nifty hiked28.25 points at 9456.15. The market breadth was negative as just 1,098 shares advanced against a decline of 1,322 shares, while 171 shares were unchanged.

In Commodity market, Gold jumped up 25 points at 28,660 and Silver rose 195 points at 39,306.Crude oil prices higher on this week in the run-up to the OPEC meeting on Thursday. Indications are that all members are on board to extend the output cuts by another nine months. Non-OPEC side, Turkmenistan and Oman have extended support to the output cut extension.

Base metals are positive close on Friday, dollar weakness cushioned prices, but Chinese demand outlook saw traders cutting exposure. Base metals slumped as the political crisis in the U.S. threatened to delay the infrastructure spending plans and tax cuts that President Trump has promised.  

Commodity Tips By Expert
Buy Silver Jul in the range of 39200-39230 Targets 39500 / 39800 Stop loss 38700.  

Expert View: Technically silver is buying on hourly/daily charts while MACD and RSI also indicate good buying opportunity in it. So, traders should go for buy on lower level strategy. 

Friday, 12 May 2017

Nifty Future Tips For Tomorrow: 15th May


The Indian benchmark indices settled the day flat, a surprise reversal from its strong rally. The Sensex slipped 62.81 points at 30,188. The Nifty closed down 21 points at 9,400.About 1787 shares declined against 997 advancing shares on the BSE. The Indian Rupee closed higher by 5 paise at 64.33 per Dollar. Maximum BSE sector are closed with negative leads. The BSE Small Cap declined 124 points to 15528, BSE Mid-Cap lost 102 points to 14854.

European markets inched higher on Friday’s trading session as the investors reacted in a positive way to the latest lot of corporate earnings. FTSE trading in positive territory is up by over 16 points at 7403 levels. German DAX gained 12 points at 12736 levels. CAC closed higher by 25 points at 5390 levels. 

Top BSE Gainers: Infosys, Hero Motocorp, Cipla, Sun Pharma, Tata Motors
Top BSE Losers: Asian Paints, Axis Bank, BHEL, ICICI Bank, Adani Ports. 
Nifty Future Tips For Tomorrow

Buy NIITTECH Future above 534 Targets 536.65, 539.3 Stop loss 528.8 
Sell JISLJALEQS Future below 99.6 Targets 99.15, 98.7 Stop loss 100.3