Wednesday, October 30, 2019

Nifty Outlook And Market Update : 30.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 30.10.2019 - Ace Investment Advisory: Taking cues from the positive global markets, and also after witnessing domestic buying interest in large- and mid-cap stocks, the benchmark indices, the Nifty has gained more than 1 per cent in today’s session. However the global stocks declined over the trade jitter and weak earnings from the corporate. Nifty settled at 11786.85. Auto shares

Tuesday, October 29, 2019

Nifty Outlook And Market Update : 29.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 29.10.2019 - Ace Investment Advisory: Key equity barometers ended with marginal gains after a volatile session on Friday. The Nifty opened higher but quickly pared gains in early trade. The index turned range bound and traded above 11,550 level in mid-morning session. Selling pressure intensified in afternoon trade as Nifty briefly slipped below 11,500. The 50-unit index regained momentum in

Friday, October 25, 2019

Nifty Outlook And Market Update-25.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update-25.10.2019 - Ace Investment Advisory: Key equity barometers ended with small losses on Thursday. Trading was volatile on account of weekly index options expiry today. Traders keenly watched the Assembly election results in Maharashtra and Haryana. Risk appetite was affected as BJP was seen struggling to reach majority mark of 46 seats in Haryana. After opening higher, the Nifty pared

Thursday, October 24, 2019

Nifty Outlook And Market Update : 24.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 24.10.2019 - Ace Investment Advisory: Key equity barometers resumed uptrend after a day’s breather. The Nifty ended tad above the 11,600 level. Public sector bank stocks advanced while IT stocks bounced back after yesterday’s selloff.Unless the immediate trend decider level of 11,050 is breached, the uptrend shall remain in force and 12,100 levels are expected. We advise initiating fresh long

Wednesday, October 23, 2019

Nifty Outlook And Market Update : 23.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 23.10.2019 - Ace Investment Advisory: The market tumbled on Tuesday as traders booked profits after six-day rising streak. Weakness in IT major Infosys put pressure on bourses. Selling in Bajaj Finance and Bharti Airtel also weighed on key indices. Private banks, however, supported the indices at lower levels. The Nifty crossed 11,700 mark in morning trade, but steep selling pressure

Tuesday, October 22, 2019

Nifty Outlook And Market Update : 22.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 22.10.2019 - Ace Investment Advisory: Sensex ended 246.32 points higher or 0.63 percent at 39298.38, and the Nifty was up 75.50 points or 0.65 percent at 11661.90. About 1585 shares have advanced, 925 shares declined, and 169 shares are unchanged. Nifty Metal gained over 1.5 percent while HDFC AMC was most active. Market is extending the gains in anticipation of

Friday, October 18, 2019

Nifty Outlook And Market Update : 18.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 18.10.2019 - Ace Investment Advisory: Technically, Nifty formed a Bullish Candle followed by Doji which implies that follow up buying was seen at lower levels. It has surpassed its falling supply trend line on daily scale and started to form higher highs- higher lows from past four sessions. The Index could extend its momentum towards 11650-11700 zones with downside support

Thursday, October 17, 2019

Nifty Outlook And Market Update : 17.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 17.10.2019 - Ace Investment Advisory: Domestic equities ended Wednesday’s lackluster trading session in the positive territory. Buying in counters such as financials, energy and IT in the last twenty minutes of the trade lifted benchmark indices. On the NSE, the broader Nifty50 index ended at 11,471.55 levels, up 43 points or 0.38 per cent.Volatility index India VIX slipped 3.44 per

Wednesday, October 16, 2019

Nifty Outlook And Market Update : 16.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 16.10.2019 - Ace Investment Advisory: Buying in select blue-chip counters such as HDFC Bank, HUL, ITC and Maruti lifted benchmark indices on Tuesday. Positive global cues, too, boosted investor sentiment. The S&P BSE Sensex rallied 292 points or 0.76 per cent to end at 38,506.09 levels while the NSE’s Nifty50 index closed above the crucial 11,400-mark at 11,428.30, up 87

Tuesday, October 15, 2019

Nifty Outlook And Market Update :15.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update :15.10.2019 - Ace Investment Advisory: Market erased most of its intraday gains but ended marginally higher on October 14 with Nifty able to hold above 11,300 level. At close, the Sensex was up 87.39 points at 38,214.47, while Nifty was up 36.20 points at 11,341.20. About 1207 shares have advanced, 1268 shares declined, and 225 shares are unchanged. ONGC, Tata Motors,

Monday, October 14, 2019

Nifty Outlook And Market Update : 14.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 14.10.2019 - Ace Investment Advisory: Equity barometers ended with modest gains on Friday amid positive global cues fuelled by hopes of a trade deal between the US and China. After a gap up opening, the Nifty 50 index surged over 1% in morning trade. The trend sharply reversed in mid-morning trade with the Nifty briefly slipping into negative terrain below

Thursday, October 10, 2019

Nifty Outlook And Market Update : 10.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 10.10.2019 - Ace Investment Advisory: Key equity benchmarks surged higher after six sessions of non stop selling as the rate cut by RBI didn’t cheer the market. Global cues remains supportive for the domestic indices as the European shares were trading in green. Nifty surged more than one and half percent to close at 11362.30. Banking shares were the major

Wednesday, October 9, 2019

Nifty Outlook And Market Update : 09.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 09.10.2019 - Ace Investment Advisory: Key equity benchmarks extended losses for sixth straight trading session on Monday, dragged by selling pressure in pharmaceuticals, auto and PSU banks stocks. Negative global cues cues spoiled investor’s sentiment. After opening higher, the Nifty 50 index reversed gains in early trade. Buying emerged at lower levels and pushed the index to fresh intraday high

Tuesday, October 8, 2019

Monday, October 7, 2019

Nifty Outlook And Market Update : 07.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 07.10.2019 - Ace Investment Advisory: Key barometers extended losses for fifth consecutive session on Friday, dragged by selling pressure in banks and metal stocks. The Nifty ended below the 200-day simple moving average (DMA) placed at 11,262. Market sentiment was dented after the Reserve Bank of India (RBI) cut its FY20 GDP growth rate forecast sharply to 6.1% from 6.9%.

Friday, October 4, 2019

Nifty Outlook And Market Update : 04.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 04.10.2019 - Ace Investment Advisory: Key benchmark indices extended losses for fourth consecutive session on Thursday, dragged by weak global markets. Metal shares tumbled on fears of weak global growth. Yes Bank bounced after management clarified that the bank was on a firm financial footing. The Nifty opened lower and a hit the day’s low of 11,257 in early trade.

Thursday, October 3, 2019

Nifty Outlook And Market Update : 03.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 03.10.2019 - Ace Investment Advisory: Nifty Index formed Bearish Engulfing Pattern on daily chart. Nifty Index tested 200 DMA and closed below 100 DMA 11407 and  closed -1.0%  at 11359.90. The next key support and resistance for the market is at 11250/11130 and 11420/11500.

Tuesday, October 1, 2019

Nifty Outlook And Market Update : 01.10.2019 - Ace Investment Advisory

Nifty Outlook And Market Update : 01.10.2019 - Ace Investment Advisory: The market declined for second straight trading session on Monday, dragged by weakness in financial stocks. Negative cues from other Asian indices also put pressure on the bourses. The Nifty saw a gap-down opening and extended losses as the session progressed. The index hit fresh intraday low of 11,390.80 in early afternoon trade. Buying emerged

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