MARKET OUTLOOK ON 30th January

Posted By : Kishore B.S

MARKET OUTLOOK ON 30th January Today is expiry of F&O for this month’s contract. But the concern we see in Nifty are the two big gap down open on Tuesday and today, which now becomes untradeable. As we have been recommending from the beginning of the month to short Nifty and Bank Nifty and hold on till expiry; anyone who followed this and is still holding

MARKET OUTLOOK ON 27th January

Posted By : Kishore B.S

MARKET OUTLOOK ON 27th January Expect the market to open on huge negative note. Backed by huge profit booking and the global markets fell by more than 2%. Friday was the party spoiler for the trader’s one who went long on Nifty and Bank Nifty. Now one would have to bear the loss and exit because it is very important to note that the bank index

MARKET OUTLOOK ON 23rd January

Posted By : Kishore B.S

MARKET OUTLOOK ON 23rd January From past few trading sessions, the market is neither opening flat nor negative. The market, during the trading sessions moves in the band of 30 points and is closing flat or positive by a few points.  The current market scenario will suit an intraday trader. It is important to note that market is trying to break its important resistance at 6380 and

MARKET OUTLOOK ON 20th January

Posted By : Kishore B.S

MARKET OUTLOOK ON 20th January In Thursday’s market outlook we clearly mentioned that Nifty will be volatile and buy call on Bank Nifty will be only above 11140. But bank Nifty on intraday traded above 11140 but did not close above 11140 to buy. Today the market expects to open on flat note on the cues SGX Nifty down by 10 points. However on the technical

MARKET OUTLOOK ON 16th January

Posted By : Kishore B.S

MARKET OUTLOOK ON 16th January Today is another day of positive open in market because of the positive close in US market. The WPI inflation number corrected sharply to 6.2% from the 14 month high. Coming to the technical, Nifty is heading towards its all-time high so going  forward Nifty may become volatile and hence instead Nifty, Bank Nifty is looking good. Breakout above 11140 will

MARKET OUTLOOK ON 14th January

Posted By : Kishore B.S

MARKET OUTLOOK ON 14th January Expect the market to open negative on account of global cues. US market fell over 1%. And most of the Asian markets are down by half to one percent. The expected CPI number came way below expected on the month of December at 9.87% against 11.2% on previous month. Coming to the technicals, yesterday the markets were bullish closing above 6250.