Market Update

Market View: 19-23 FEB 2018

Filed in Market Update by on February 19, 2018
Market View: 19-23 FEB 2018

  Week Market View: 19-23 FEB 2018 View Last week the NIFTY closed at 10452, almost the same closing as previous week. The global scenarios were positive, the US index rallied but the PNB fraud case offset all the positive global cues. The NIFTY daily chart shows bearish engulfing candle which means that the markets […]

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Market View: 11-16 FEB 2018

Filed in Market Update by on February 11, 2018
Market View: 11-16 FEB 2018

  Week Market View: 11-16 FEB 2018 View Last week the NIFTY closed at 10455 registering a loss of 2.84% over previous week. In the last couple of weeks the markets have corrected around 5.5% which has very much aligned them with earnings and economic growth. The markets had run ahead of the micros and […]

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Market View: 5-9 FEB 2018

Filed in Market Update by on February 5, 2018
Market View: 5-9 FEB 2018

  Week Market View: 5-9 FEB 2018 View Last week the NIFTY closed at 10760.60 registering a loss of 2.79% over previous week. After 29% rally the last year, NIFTY witnessed a major fall of 250 points on Friday. The index broke the support of 10800 on the charts. The markets may not have liked […]

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Market View: Week Starting 29th JAN 2018

Filed in Market Update by on January 29, 2018
Market View: Week Starting 29th JAN 2018

  Week Market View: Week Starting 29th JAN 2018 View Last week the NIFTY closed at 11069.65 registering a gain of 1.61% over previous. Overall the NIFTY gained 6% in the January series. The week was bullish as predicted in the last weekly market view. FII’s bought shares worth Rs 937 while DII’s sold worth […]

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Market View: 22-26 JAN 2018

Filed in Market Update by on January 23, 2018
Market View: 22-26 JAN 2018

  Week Market View: 22-26 JAN 2018 View Last week the NIFTY closed at 10894.70 registering a gain of 2% over previous week. Some massive buying was seen by both the FII’s and the DII’s as per the data available on NSE website. The bullish trend was predicted in our last market view so it […]

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Market View: 15-19 JAN 2018

Filed in Market Update by on January 15, 2018
Market View: 15-19 JAN 2018

  Week Market View: 15-19 JAN 2018 View Last week the NIFTY closed at 10681.25 registering a gain of 1.16% over previous week. Our view remains very much the same as last week. A breakout can be seen on the NIFTY weekly chart after a good consolidation. So the bullish trend is likely to continue […]

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Market View: 8-12 JAN 2018

Filed in Market Update by on January 8, 2018
Market View: 8-12 JAN 2018

Week Market View: 8-12 JAN 2018 View Last week the NIFTY closed at 10558.85 registering a gain of 0.27 over previous week. The markets hit a record high and ended on a bullish note. The NIFTY for now is trading at a premium due to good cash flow and hopes of a good earning season. […]

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Market View: 1-5 JAN 2018

Filed in Market Update by on January 2, 2018
Market View: 1-5 JAN 2018

Week Market View: 1-5 JAN 2018 View Last week the NIFTY closed at 10530.70 registering a gain of 0.36% over previous week. A lot of reforms came in from SEBI and the last trading day of the year was available for celebration. The whole of 2017 was good for the markets as the bulls dominated […]

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Market View: 25-29 DEC 2017

Filed in Market Update by on December 26, 2017
Market View: 25-29 DEC 2017

Week Market View: 25-29 DEC 2017 View Last week was great for the markets as the NIFTY closed at 10493 registering a gain of 1.55% over previous week. It closed just below the psychological mark of 10,500. Primary reasons for the rally were short coverings, BJP’s victory in Gujarat and Himachal and also due to […]

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Market View: 18-22 DEC 2017

Filed in Market Update by on December 19, 2017
Market View: 18-22 DEC 2017

Week Market View: 18-22 DEC 2017 View Last week the NIFTY closed at 10333.25 registering a gain of 0.79% over previous week. This week the most important event to watch for will be the Gujarat and Himachal results. It will decide the direction of the market in the short term. A win for BJP would […]

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