Page 55 - Nifty
Nifty 9,685 a key level to watch
The rupee has softened, to above Rs 64.10 /dollar despite FPI buying of rupee debt
 "Nifty 9,685 a key level to watch")
Today's Picks: August 3, 2017
Nifty, Bank Nifty, Dr Reddy's, NTPC, Tata Motors
Today's Picks: August 2, 2017
Nifty, Bank Nifty, HDFC, Indiabulls Housing, Hindalco
Today's Picks: July 27, 2017
Nifty, Bank Nifty, Asian Paints, NTPC, Tata Steel
Nifty crosses 10,000 mark; hits all time high
FIIs, MFs have invested Rs 80,000 cr since March 14, when the index closed above 9,000
 "Nifty crosses 10,000 mark; hits all time high")
Today's picks: July 26, 2017
Nifty, Bank Nifty, Hindalco, Lupin, Indian Oil
Infographic: Nifty hits 10k peak, journey from 9,000 takes 592 trading days
Nifty's shortest 1k rally was from 5,000 to 6,000, in just 24 trading days, on Sep 27, 2017
 "Infographic: Nifty hits 10k peak, journey from 9,000 takes 592 trading days")
Today's picks: July 25, 2017
Nifty, Bank Nifty, Dr Reddys, ITC, Indiabulls Housing Finance
Today's picks: July 21, 2017
Nifty, Bank Nifty, NTPC, Sun Pharma, Wipro
Today's picks: July 20, 2017
Nifty, Bank Nifty, Tata Steel, Ambuja Cements, Bharti Airtel
Today's picks: July 19, 2017
Nifty, Bank Nifty, HCL Tech, Larsen & Toubro
Nifty 9,800-9,825 level a key support now
The index hit new highs and climbed past 9,900 and closed above that level. Bulls continue to be enthusiastic and lukewarm initial corporate results have not deterred them. Institutional attitude is interesting. The foreign portfolio investors (FPIs) have been modest buyers in July and domestic institutional investors have bought around ~3,000 crore. The market has been low-volume so this has been enough to trigger a breakout and sustain the uptrend. By definition, the long-term trend must be positive. The lack of volume expansion on breakout is usually a negative signal. Ideally, volumes will pick up on the breakout.The Fed, the Bank of Japan (BoJ) and the ECB have policy meets coming up and corporate results are also flowing in. The market response has been good so far. The unwinding of the Fed's balance sheet may also be on the agenda but the Fed's mood seems to have softened and optimists are expecting no further hikes. The ECB is sounding somewhat hawkish however. The BoJ is ...
 "Nifty 9,800-9,825 level a key support now")
Today's picks: July 14, 2017
Nifty, Bank Nifty, Bharti Airtel, Infosys, Dr Reddy's
Today's picks: July 13, 2017
Nifty, Bank Nifty, Ambuja Cements
Nifty 9,700 a key support level to watch
The index hit new highs and climbed past 9,800 intra-day though it failed to hold onto those levels. The initial trader response to goods and services tax (GST) has been favourable. Institutional attitude is interesting. The Foreign portfolio investors (FPIs) have been net sellers of a modest ~127 crore (up to July 11) but domestic institutional investors have bought over ~3,500 crore. The market has been low-volume so this has been enough to trigger a breakout. By definition, the long-term trend must be counted positive. But, two factors must be considered. For one, there was substantial selling on Tuesday and the advance decline (AD) ratio went negative. Second, lack of volume expansion on breakout is usually a negative signal. But, we need to adjust for the National Stock Exchange (NSE) breakdown. Ideally, volumes would pick up and the AD ratio go positive. The US Fed, the Bank of Japan (BoJ) and the ECB have policy meets coming up and corporate results are also flowing in. The ...
 "Nifty 9,700 a key support level to watch")
Today's picks: July 11, 2017
Nifty, Nifty Bank, Bharti Airtel, Hero MotoCorp, Coal India
Crucial for Nifty to cross 9,709
The index bounced from support at 9,450, as the GST came into force over the weekend
 "Crucial for Nifty to cross 9,709")
Nifty falls for sixth session in a row; closes below 9,500
The BSE Sensex fell 124 points, or 0.4%, to close at 30,834.32
 "Nifty falls for sixth session in a row; closes below 9,500")
Fair chance Nifty could slide to 9,350
The Advance-Decline ratio has gone into negative territory for a few sessions
 "Fair chance Nifty could slide to 9,350")
Nifty: Close above 9,700 key for upmove
The Nifty has not been able to sustain above 9,700 but it has also found support at 9,575
 "Nifty: Close above 9,700 key for upmove")
