The previous week’s high of 11,797 is likely to act as a resistance level and a sustainable move above this level could set the stage for reclaiming the all-time high level of 11,856. On the downside, immediate support is seen around the level of 11,655, which is also the 20-day moving average. Stocks in news: JK Paper, Greaves Cotton, Sudarshan Chemical Industries, Sun Pharma, Dr Lal Pathlabs, Shankara Building Products, NBCC.

The Indian markets will resume trading after a long weekend and it will again go into another holiday on Wednesday this week. Hence, we might not see much action in the markets as traders might be reluctant to take any significant positions. However, we cannot rule out stock-specific action as over 40 companies are lined up to announce their earnings today. Looking at the early action among Asian peers and the SGX Nifty, the Nifty may open the day flat at 11,847 levels. Traders will also keep eye on India’s infrastructure output for the month of March which is due later in the day.

The zone of 11,540-11,550 is a crucial level to watch out as 11,549 is the current month's low level and the 23.6 per cent retracement for the upmove leg from the low of 10,585-11,856 is placed at 11,556. In case Nifty falls below 11,550-11,540 zone, it may witness some more weakness towards 11,440 and 11,380 levels. While on upside, stiff resistance is placed in the region of 11,760-11,800. Stocks in news: HCL Technologies, Bank of Baroda, Tata Steel, Kotak Mahindra Bank, Apcotex Industries.

Indian markets are likely to open the session on a cautious note as cues from Asian peers and Wall Street overnight were mixed. At the time of writing, SGX Nifty was trading marginally lower by 3 points at 11,726 level. Hero MotoCorp, PEL and Yes Bank are some of the key results in focus today.

We expect the upward momentum to continue, while on the upside, Nifty might face resistance around the 11,760 level. However, sustaining above the level of 11,760 will set the stage for reclaiming the all-time high level of 11,856. On the downside, immediate support is seen around the level of 11,630, which happens to be the 20-day moving average. Stocks in news: Oriental Hotels, Bank of Maharashtra, IPCA Laboratories, SBI, FDC, Jet Airways, L&T.

After a the lull and a hat-trick of declines, the Indian markets saw a scintillating rally on Wednesday with stocks racing to the finish line. However, going by the early trends among the global peers and the SGX Nifty, it seems that markets may open the session flat with negative bias on the eve of April series F&O expiry as there is no clear trend emerging. At the time of writing, SGX Nifty was trading down by 27 points at 11,710 levels. The key results expected to be announced today include Biocon, Maruti, MCX, SBI Life, Nestle India and Tata Steel.

The zone of 11,540-11,550 is a crucial level to watch out as 11,549 is the current month's lowest level and the 23.6 per cent retracement for the upmove leg from the low of 10,585-11,856 is placed at 11,556. In case Nifty falls below 11,550-11,540 zone, it may witness some more weakness towards 11,440 and 11,380 levels. On the upside, the 20-day moving average placed at 11,613 is likely to act as an immediate resistance, followed by 11,645. Stocks in news: Lupin, NBCC, Tata Power, Tata Global Beverages, SML Isuzu, Tiger Logistics, Maruti Suzuki India, NIIT Technologies, Infosys.

Judging by trends in worldwide stocks markets and early action at SGX Nifty, it appears that domestic benchmark indices will make a happy start. At the time of writing, SGX Nifty was trading higher by 37 points at 11,631 level.  Hexaware, Indiabulls Housing Finance, ICICI Pru Life, M&M Fin, Tata Elxsi and Ultratech Cement are some of the key companies announcing their earnings numbers today.

The level of 11,549 is a crucial support level of the index and the bull camp will closely monitor this level. A sustainable move below the 11,549 level could trigger further correction towards the levels of 11,440-11,400. On the higher side, bulls may face resistance in the range of 11,710-11,730. Stocks in news: Cipla, Biocon, Godrej Consumer Products, Essel Propack, Suven Life Sciences, Hindustan Copper, Symphony, Asian Paints, TCS.

A sharp surge in crude oil prices took its toll on the Indian markets. This was after Donald Trump administration conformed that the 6-month relief granted for purchase of Iranian oil will not be extended beyond May 2. The Indian markets are likely to open the session on the flat note on Tuesday. At the time of writing, SGX Nifty was trading with modest gains of 3 points at 11,620 levels.

The bulls need to protect Tuesday’s session gap area of 11,705-11,732. On the higher side, the level of 11,800 is likely to act as a point of control and above this level, the bulls are likely to continue the rally. However, if it does not move above the 11,800 level, we expect some consolidation and some back and forth movement. Stocks in news: Avantel, Shilpa Medicare, Gravita India, The Shipping Corporation of India, Trigyn Technologies, Asian Granito.

The Indian equity markets will re-open after a long weekend and markets will first react to earnings of index bigwigs such as Reliance Industries and HDFC Bank.  While there are no clear cues from the global peers, we expect markets to begin on muted note as, at the time of writing, SGX Nifty was trading down by 9 points at 11,799.

The gap area (11,705- 11732) of April 16, 2019, is now likely to act as a strong support zone for the index, and as long as Nifty trades above this gap area, it will trade with a positive bias. On the upside, a follow-up move above Tuesday’s high of 11,811 would open up for further upside towards the level of 11,900. Stocks in news: Quess Corp, Jet Airways, Ashoka Buildcon, Intellect Design Arena, Reliance Industries, Cipla, Eris Lifesciences, Bandhan Bank, Cadila Healthcare, Hindalco Industries.

The Indian markets saw a fantastic finish on Tuesday with the key benchmark indices hitting record closing highs. The Thursday's session may open with the bulls taking a breather and the session may open on a flat note as cues from global peers are subdued. However, market participants may follow the mantra of buy on dips on Dalal Street today and any dip towards the Tuesday’s gap area would be eyed as a buying opportunity. At the time of writing, SGX Nifty was trading at 11,852, up by 3 points. The quarterly numbers on tap are Reliance Industries, DCB Bank, Tata Sponge, RBL Bank and ICICI GI. On the general election front, the voting for second phase of the Lok Sabha 2019 has started.

In the coming session, bulls need to cross their immediate hurdle of 11,710, as sustaining above this level will likely open up further upmove towards its all-time high level of 11,760. But failure to cross and sustain above 11,710 level would lead  to consolidation and sideways movement where the levels of 11,640, followed by 11,550, are likely to act as support levels. Stocks in news: Dr Reddy’s Laboratories, Cipla, TCS, Prestige Estates Projects, Deepak Fertilisers and Petrochemicals Corporation, IndusInd Bank, Suven Life Sciences.

The outlook for the day is a soft start and the markets are expected to consolidate further during this truncated week. However, stock-specific volatility will continue as corporate earnings will continue to be on investors' radar. Wipro's results will be in focus today. At the time of writing, SGX Nifty was trading at 11,736.50 almost unchanged.

As long as Nifty (spot) does not close below the swing low of 11,549, every dip would be a buying opportunity. However, the upside at this movement seems limited towards the zone of 11,710-11,760, which would present stiff resistance. However, the momentum is likely to kick in once the index moves out of the range of 11,550-11,760 decisively. Stocks in news: Dr Reddy’s Laboratories, APL Apollo Tubes, Adani Enterprises, Suven Life Sciences, International Paper APPM, ITI, Eris Lifesciences, GMM Pfaudler.

The outlook is a muted start for the Indian markets. Market participants will react to the earnings of IT marquee names TCS and Infosys in early trading and also to the macro numbers released post market on Friday. At the time of writing, SGX Nifty was trading marginal down by 12 points at 11,679. We are of the view that Nifty may spend some more time in a consolidation range, while movement on the stock-specific front would keep the market participants busy.

As long as Nifty (spot) does not close below 11,550, there are chances of a sharper bounce. At the same time, 11,710 will work as resistance for the next few days. Stocks in news: Lumax Auto Technologies, Pasupati Acrylon, Jet Airways, Prabhat Diary, Narayana Hrdayalaya, Sterlite Technologies, Lumax Industries.

The Indian markets may not have any major cues from the global peers to deal with for now. The attention in the domestic markets will shift towards corporate results, with the IT majors Infosys and TCS kick-starting the earning seasons today. At the time of writing, SGX Nifty was trading down by 38 points at 11,638 levels and clearly indicating a cautious start to the day.

Traders will closely monitor two key levels, namely, 11,540 and 11,710, as we have seen the index has been trading in this range since last four-five trading session. Any breakout on either side of this range would lead to an explosive move. Stocks in news: JSW Steel, Wockhardt, Info Edge, Kansai Nerolac Paints, Sobha, Tanla Solutions, Wipro, TCS.

Markets may begin the day with modest gains as indicated by the SGX Nifty and also, slightly encouraging cues from the Wall Street overnight. At the time of writing, SGX Nifty was trading higher by 22 points at 11,673 level. The much awaited event, the general election will garner the attention of the investors going ahead as the first phase of election in the world’s largest democracy begins today.

As Nifty is consolidating since last four days between 11,550 and 11,710, going ahead, a breakout from this trading range would lead to a sharper move on either side. Watch these levels closely and if it closes below or above the support and resistance levels, it will lead to explosive moves. Stocks in news: Majesco, IndusInd Bank, Vodafone Idea, Avenue Supermarts, Praj Industries, Tata Sponge Iron.

Considering the early action in SGX Nifty and the Asian peers, it appears that the Indian benchmark indices are expected to open lower. Digging deeper, scaring the market participants the most is the global growth forecast from IMF as it cut global growth outlook amidst global trade tensions. Also, the US President Donald Trump threatened to impose tariffs on $11 billion worth of European Union (EU) products and the latest statement from the EU suggests these countries will retaliate. At the time of writing, SGX Nifty was trading around 11,709 levels down by 40 points.

Going ahead, sustaining below the Monday session low of 11,549 would lead to an extended correction towards the 20-day moving average, which is placed at 11,496 level. While, on the upside, the level of 11,710, followed by 11,760, is likely to act as a stiff resistance for the index. Stock in news: Quess Corp, Panacea Biotec, Va Tech Wabag, Asian Paint,  Infosys, Coffee Day Enterprises.

Markets are likely to open flat following a mixed close on the Wall Street overnight. At the time of writing, SGX Nifty was trading around 11,699 level, up with a gain of 16 points.

The 8-day moving average, which is placed around 11616, is likely to act as an immediate support, while the major support is placed around 11,559, which is the low of last week. On the upside, 11,760 is likely to act as a resistance level and sustaining above this level decisively would lead to further acceleration of upward momentum. Stock in news: NIIT Technologies, Eris Lifesciences, Lumax Auto Technologies, Torrent Pharma, Colgate Palmolive (India), Tata Steel, Cadila Healthcare, Infosys.

Indian equity benchmark indices are likely to open the new week on a flat note with a positive bias. The market participants will monitor the earning season which starts this week and that will be a key trigger for the markets. Also, the big event of the general election starts this week with the first round of polling on April 11. At the time of writing, SGX Nifty was trading around 11,776 level, up by 3 points.

If Nifty closes below the 11,560 mark, the bearishness will strengthen further in the coming days, while on the upside, failure to get past the level of 11,760 will confirm the double top pattern. Stock in news: Alembic Pharmaceuticals, Britannia Industries, Mold-Tek Packaging, Godrej Properties, Hindustan Copper, Amara Raja Batteries, Mahindra and Mahindra, Titan, Cipla, Bal Pharma, Zensar Technologies, HMT, VIP Industries, Rallis India.

The Indian markets may open the session with an uptick as sentiment remained upbeat among the Asian peers and as overnight cues from the Wall Street were relatively stable. At the time of writing, SGX Nifty was trading around 11,701 mark with a gain of 16 points.

The level of 11,620 is a crucial support level for the index and if the index fails to hold this support, expect corrective action to continue and the index may test level of 11,570, followed 11,500. In today’s session the outcome of RBI monetary policy will provide further direction to the markets. Stock in news: Reliance Industries, Gujarat Gas, Godrej Properties, Godrej Agrovet, Coffee Day Enterprises, Mahindra and Mahindra, SRF, Shriram Transport Finance, CEAT.

Indian markets are expected to open the session with modest gains as, at the time of writing, SGX Nifty was quoting around 11,742, up by 29 points. Market participants would keenly watch the outcome of the RBI monetary policy which is due today. We would advise our readers to await the credit policy announcement before attempting any serious trades.

It is important for the index to hold above the April 1 opening gap (11,630-11,645), as failing to hold above this zone would open the gates for some correction towards the level of 11,570. The level of 11,570 will be closely watched as this would be a crucial support level in the near term for the index. Stock in news: Essel Propack, Jet Airways, HEG, Wipro, HUDCO, HFCL, Lumax Auto Technologies, Rushil Décor, Marico, TCS, IGL, Infosys.

The strength visible in Asian peers and SGX Nifty is signaling that Nifty may open around 11,800 mark and we expect the bulls to continue their upward march at the opening bell. But the question remains whether Nifty spot market will touch its record high level and trade in the uncharted territory. It looks possible as long as Nifty manages to hold above the previous session low of 11,655.

The level of 11,570 will be closely watched as this would be a crucial support level for the index and if there is any follow-through move below this level, expect a correction in the index, while on the higher side, the levels of 11,700 and 11,760 will continue to act as a stiff resistances. Stock in news: SSWL, Cipla, Bharat Road Network, Tata Power, Stride Pharma Sciences, Dr Lal PathLabs, Godrej Properties, HCL Technologies, Coal India.

Indian benchmark indices are likely to open the session with modest gains following strong leads from the Wall Street and optimism seen among the Asian peers. At the time of writing, the SGX Nifty was up by 11 points at 11,745. Market participants will keep a watch on Nikkei Manufacturing PMI for the month of March, which is due for release today.

On the downside, 11,311 is likely to act as a support for the index. Stocks in news: Prabhat Diary, DLF, Suzlon Energy, Grasim Industries, ICICI Prudential Life Insurance Company, Jet Airways and Kalpataru Power Transmission.

Indian markets may open flat with positive bias on Tuesday as cues from Wall Street overnight were mixed, while Asian markets have shown strength in early trading. At the time of writing, the SGX Nifty was trading up by 5 points at 11,370.

The zone of 11,350-11,412 is likely to act as a strong support level for the index. Stocks in news: Jet Airways, International Paper APPM, Karnataka Bank, Infosys, Bombay Dyeing and SBI.

The outlook for the day is a shaky start as the landscape of global indices has turned red after the release of a slew of dismal economic data and an inverted yield curve in the US bonds created concerns of a global economic slowdown. At the time of writing, the SGX Nifty was trading at 11,418, down by 51 points.

Nifty’s latest swing is 20 bars old and has advanced by about 9.17 per cent from the February 19 lows. In terms of percentage gain, the current swing is sharper than the previous ones. At this juncture, it is better to avoid fresh longs in the index, but one can continue the existing longs as long as Nifty maintains the higher lows. Stocks in news: Jubilant Life Sciences, ENIL, Tata Steel, Bajaj Auto and Infosys.

Indian indices may open the session on a cautious note post the Holi festival and ahead of the weekend and an expiry next week. Also, the cues from the Asian peers are not encouraging. At the time of writing, the SGX Nifty was marginally down by 7 points at 11,585. The data on India’s foreign exchange reserves for the week ended March 15 will be released today.

Going ahead, the level of 11,550 is likely to act as an immediate resistance for the index and a move above this level would result in an extension of the rally. Stocks in news: DLF, Rallis India, Viaan Industries, Newgen Software Technologies, Avenue Supermarts, Rushil Décor, Jet Airways and V-Mart Retail.

Indian markets are likely to open flat tracking mixed cues prevailing amongst Asian peers and a mixed close on the Wall Street overnight ahead of the monetary policy announcement. At the time of writing, the SGX Nifty was trading at 11,572, down by 4 points.

Going ahead, Tuesday’s opening levels and trajectory post opening would be extremely crucial for the index. If the index slips below the Monday’s session low of 11,412 and trades convincingly below this level, then there is high probability that Monday’s high point of 11,530 would become a temporary top for the index. Stocks in news: HCL Technologies, LT, Reliance Industries, Orbit Exports, Aarti Industries, Hotel Leelaventure, Adani Ports, Vakrangee and Canara Bank.

The domestic markets may open the Tuesday’s session on a flat note as cues from the Asian peers are cautious. At the time of writing, the SGX Nifty was trading with a gain of 13 points at 11,524. The real estate stocks would be in focus in today’s session as the GST Council meeting is intended to undertake a range of topics on priority basis, including the implementation of lower Goods and Services Tax (GST) rates for the real estate sector. Also, on the macro front, investors will keep an eye on the current account deficit numbers.  

In the coming session, the level of 11,490 is likely to act as an immediate resistance level, followed by 11,545, while on the downside, 11,360 is likely to act as an immediate support level, followed by 11,300. Stocks in news: IRB Infrastructure Developers, Vodafone Idea, Lupin, Cadila Healthcare, DHFL, Indo Amines, Bandhan Bank, Karnataka Bank and Lumax Auto Technologies.

Indian equity benchmarks, after registering their best week since November, look set to continuing their jubilant run at the start of the week as global cues are supportive and Asian markets are mostly trading higher. At the time of writing, the SGX Nifty was trading with gain of 23 points at 11,497.

Nifty may try to come off overbought condition and, in the process, it may cool off for some time. Nifty outlook remains positive as there are no clear downward signals. For intra-day, the level of 11,300 is likely to act as an immediate support, followed by 11,270. On the upside, the level of 11,385, which is 78.6 per cent retracement of decline from August to October, is likely to act as a stiff resistance. Stocks in news: Reliance Industries, Tech Mahindra, IDBI Bank and EMAMI.

In early action, the Nifty future traded on the Singapore Exchange known as SGX Nifty is seen hovering near the flat line, which is in line with our call of the day that the benchmark indices may consolidate and struggle for direction as markets continued to remain overbought on key indicators. At the time of writing, the SGX Nifty was trading 5 points higher at 11,390.

In the coming session, the level of 11,384 is likely to act as a resistance as it is 78.6 per cent retracement of its August-October decline. On the downside, the Tuesday’s gap area (11,1180-11,227) is likely to lend support to the index. Stocks in news: HCL Technologies, Jet Airways, Deep Industries, Sun Pharmaceuticals, Lupin, Bajaj Consumer Care and GE T&D India.

The Indian markets may see a flat start on Thursday. After the back-to-back centuries by the Nifty on Monday and Tuesday, the index on Wednesday extended its upmove. But the index signaled some signs of exhaustion as the market breadth was not favourable. Hence, we would advise short term traders to let the market take a breather and relieve itself from the overbought zone.

Going ahead, the trend certainly remains in favour of the bulls, but we would advise to be cautious as the current upsurge has been too fast and furious. Hence, we may see a period of consolidation or profit-taking in the coming sessions. Stocks in news: Sun Pharma Advanced Research Company, TVS Motor, V-Mart Retail, Raymond, Avenue Supermarts and CMI.

Going ahead, we expect a follow-up move to happen. However, on the upside, the level of 11,260 is likely to act a resistance, while on the downside, the level of 11,120 is likely to act as an immediate support. Stocks in news: KEI Industries, Godfrey Philips India, Piramal Enterprises, Kalpataru Power Transmission, Jet Airways, Laurus Labs and PSP Projects.

The outlook for the day is a gap-up start as cues from the across the global are encouraging. However, a very important dilemma in the minds of the the investors would be whether ‘to board a running train or alight from it'. For the current momentum to sustain, a close above 11,260 level is crucial for the Nifty. At the time of writing, the SGX Nifty indicates that Nifty may open with a gain of about half a per cent at 11,264.

Going ahead, the zone of 10,980-10,990 is a crucial support level for the index, while on the way up, it is important for the Nifty to first pierce the resistance of 11,090. Stocks in news: Dilip Buildcon, Cipla, Suven Life Sciences, GMR Infrastructure, Mangalam Cement, Nitesh Estate and OIL.

The Indian markets are likely to experience Monday morning blues as, at the time of writing, the SGX Nifty indicated that Nifty may open to open modestly lower by 13 points at 11,045.

The stochastic oscillator is in the extreme overbought condition which, along with the formation of an exhaustive pattern, clearly hints that the index may witness some more consolidation before it makes any major headway on the higher side. Stocks in news: Arvind Fashion, KNR Construction, Lupin, Infosys, BLS International Services, Sadbhav Infrastructure Projects and Reliance Industries.

The negative sentiments prevailing across the globe indicate pressure at the opening as global growth concerns came to haunt markets after the European Central Bank (ECB) slashed growth forecast. At the time of writing, SGX Nifty was trading at 11,068, down by 0.18 per cent. For Nifty, the zone of 10,980-11,000 is going to act as a crucial support, while on the upside, only a move above the February 7 high of 11,118 could provide a fresh impetus.

The index has seen upmove of over 450 points from the lows of 10,586 registered on February 19. The current upmove from the low of February 19 has hauled stochastic oscillator to its overbought zone, hence there is a possibility that the index may take a temporary breather at higher levels. Such a breather would help the markets to cool off the overbought situation. Stocks in news: Biocon, Himachal Futuristic Communications, Asahi Songwon colors, LT Foods, Tata Power Co, Varroc Engineering and Khadim India.

With majority of the global markets under pressure and concerns that a trade deal between the US and China could be delayed, the outlook for the Indian markets is a flat start with a negative bias in early trading. At the time of writing SGX Nifty was trading with minor loss of 2 points at 11,095.  

Going ahead, we expect the momentum to continue in the index, but on the way up, the index may face immediate resistance around the level of 11,050, followed by 11,090. Stocks in news: Quick Heal Technologies, Grasim Industries, Sterlite Technologies, Bharti Airtel, Newgen Software Technologies and Karur Vysya Bank.

The outlook for the day is a positive start; however, the big question for the day is to get onboard the bus or to alight it. For the current momentum to sustain, Nifty index needs to sustain above its crucial 200-day moving average and, on the higher side, it needs to decisively close above the 11,090 mark. At the time of writing, SGX Nifty was trading with modest gains of 24 points at 11,057.50.   

Since the last leg of February, we had seen the index confined in a trading range of about 220 points, i.e. 10,720-10,940. Going ahead, only a sustainable move in either direction would lead to some trending move. Till then, the index will remain in a trendless trajectory and we would recommend looking at a stock-specific approach. Stocks in news: HFCL, Jet Airways, JSW Steel, Tata Motors, Indian Hume Pipe, Karnataka Bank, BHEL, Reliance Industries and Kolte-Patil Developers.

Following an extended weekend, Indian markets would open on Tuesday under pressure on the backdrop of dampened global cues and also some media reports suggesting that President Donald Trump plans to end key trade preference for India. At the time of writing, the SGX Nifty was trading down by 10 points at the level of 10,838. In the economic data, market participants will look forward to the release of Nikkei Services PMI for the month of February which is due today.

Going ahead, the 200-day moving average, which is placed at the level of 10,862, is likely to act as a resistance level ,followed by the level of 10,940. On the flip side, support is seen around 10,729, which is panic low of Tuesday’s session, followed by the 100-day moving average. Stocks in news: HCL Technologies, Jubilant Life Sciences, Bharti Airtel, Motherson Sumi Systems, Orissa Minerals Development and Chambal Fertilizers.

Indian benchmark indices seem to be running out of luck for now as indices have logged three straight sessions of losses. In the early indication from the SGX Nifty, it seems the index will extended its southward movement in opening bell as at the time of writing, the SGX Nifty was trading lower by 13 points at 10,857. The good news is that as a gesture of peace, Pakistan is releasing Wing Commander Abhinandan Varthaman.

Going ahead, Tuesday’s session panic low of 10,729 is likely to act as a support level. In today’s session, volatility is likely to be embedded, given the geopolitical tensions, expiry of the current derivative series and the release of GDP data.  Stocks in news: Tata Metaliks, ARSS Infrastructure Projects, Wipro, Vascon Engineers, SCI, Meghmani Organics and Varroc Engineering.

In early action, SGX Nifty indicates that the Indian markets may start with a modest uptick. The Nifty is expected to open around 10,833, up by 30 points. However, given the geopolitical tensions and expiry of February series future & options contracts, the markets are more likely to remain on tenterhooks and volatility is likely to be elevated. On the macro front, gaining attention of market participants will be India’s GDP figures. 

Going ahead, it is important for the index to get past the identical top of the last two trading sessions at 10,887-10,889. Once Nifty sustains above this resistance zone, we believe it will move towards the zone of 10,950-10,965. Stocks in news: Bharat Financial Inclusion, Unichem Laboratories, Tata Steel, MRF, ONGC, Bank of Maharashtra, GMR Infrastructure and Time Technoplast.

Although Asian peers looking in a good shape in early trading, Indian markets are likely to open with modest gains. At the time of writing SGX Nifty was trading higher by 36 points at 10,859 level.   

On the downside, it’s important for the index to stay above 10,800 mark.  Stocks in news: Bharti Airtel, Wipro, Thermax, Tejas Networks, Sharda Motor Industries, Bliss GVS Pharma, Bharat Forge and Lupin.

After a decent run-up by the bulls, Tuesday morning has not much to offer for the bulls to drive this upmove further, as the sentiments from the Asian peers are subdued. At the time of writing SGX Nifty was down by half a per cent at 10,838. It is important for the bulls to defend the important psychological mark of 10,800. 

Going ahead, the levels of 10,820, followed by 10,860, are likely to act as a resistance levels as the crucial moving averages are placed around these levels and unless Nifty trades decisively above these levels we do not expect any major upmove. Stocks in news: Jubilant Life Sciences, Adani Port, Manappuram Finance, Jet Airways, Sharon Bio-Medicine, NTPC, Adani Power, Corporation Bank, Motilal Oswal Financial Services and IIFL Holdings.

The Monday morning global cues are indicating good times at the start for the domestic bourses. At the time of writing, SGX Nifty was up by 16 points at 10,822.50. The realty stocks are expected to be in the limelight after the GST Council on Sunday slashed tax rates for under-construction flats to 5 per cent and affordable homes to 1 per cent, effective from April 1.  

In the coming session, the upmove from hereon may not be smooth for the index as it is yet to encounter major resistance points that are present in the form of 50-day and 200- day moving averages, which are placed at 10,823 and 10,860, respectively. Stocks in news: Majesco, BEL, KSCL, BEML, AU Small Finance Bank, Dynamatic Technologies, Tata Steel and Allahabad Bank.

After two straight days of gains, will it stop raining gains for Indian markets? Well, the subdued cues from the Asian peers and the disappointing data from the US overnight are certainly pointing at a shaky start. The SGX Nifty at the time of writing is seen trading down by 20 points at 10,793. 

On the downside, the level 10,680 is likely to act as an immediate resistance as the 100-day moving average is placed at this level. Stocks in news: Shriram Transport Finance, Dr Reddy’s Laboratories, Grasim Industries, BPCL, REC, Jubilant Life Sciences, Tata Steel and Yes Bank.

The outlook for the day flat to negative start as the SGX Nifty at the time of writing is seen trading down by 30 points at 10,737. Also, the cues from the Asian peers are not clear, hence tentativeness may persist, but we cannot rule out bargain hunting at lower levels. Hence, the level of 10,680 would be a crucial support level to watch out for the index. Meanwhile, in a big boost to the public sector banks, the government approved the recapitalisation of Rs 48,239 crore for 12 public sector banks. 

Going ahead, the level of 10,580 will be a crucial support for the index. Stocks in news: KSCL, Essel Propack, VEDL, Maharashtra Seamless, Majesco and Duke Offshore.

The outlook for the day is a positive start as the SGX Nifty at the time of writing is seen trading higher by 57 points at 10,671 and we are of the opinion that Nifty, after scoring a half century in the opening bell, would gun for a tonne during the day if the global cues continue to remain favourable. Market participants will also keep an eye on the GST cCouncil meeting which will be held today. 

In the coming session, the level 10,620 would be an immediate support and it would be important for the index to keep its head above this support level to witness any pull-back, which remains much overdue. Stocks in news: Power Grid, Cyient, Grasim Industries, CIPLA, Future Consumer and Wipro.

The outlook for the day is a cautious start as the SGX Nifty is seen hovering around the neutral line at the time of writing. The mood on Dalal Street looks nervous and edgy as geopolitical concerns are seen as key impetus keeping the market participants on the backfoot. 

Going ahead, a positive follow-through above the Friday’s session high of 10,786 can lead to pull-back towards the level of 10,860 as the important 200-day moving average is placed at this level. On the flip side, the zone of 10,620-10,580 would be the key area to watch out for. Stocks in news: Signet Industries, Dr Reddy’s Laboratories, Tech Mahindra, NBCC, Coffee Day Enterprises, TRF and Wipro.

The set-up for the Indian stock markets to begin the week is perfect as cues from the global peers are cheerful and bulls cannot hope for a better pitch than today to come out and take on the bears with their horns after the hammering they received last week. The outlook for the day is a flat start at the time of writing, SGX Nifty is trading around 10,799, up by 24 points. 

In the coming session, all eyes will be on the key support zone of 10,690-10,700 as it is the confluence of 78.6 per cent retracement of the recent upmove and the 100-day moving average. Any major slip below this zone is likely to infuse some more pain in the near term. Stocks in news: GMR Infrastructure, Tera Software, PNC Infratech, Infosys, BGR Energy System, Tata Power and Jet Airways.

Investors mauled by the market fall have to get ready for some more battering. The ongoing weakness in the markets is likely to continue at-least at the start of the day as the vibes from Asian peers are negative and the SGX Nifty in early action is indicating a dull opening for the Indian markets. At the time of writing, SGX Nifty is trading around the 10,792 mark. 

It is important for the index to sustain above the 10,770 mark, but any weakness below this important support may push Nifty towards its 100-day moving average which is placed at 10,704. Stocks in news: Godrej Industries, HIL, Tata Power, Trident, Yes Bank and ABB India.

The cautious cues from Asian peers and the SGX Nifty in early action is indicating a subdued opening for the Indian markets. Markets may see a seesaw around the breakeven line in the early part of the trading session and then turn volatile as the day progresses. At the time of writing, SGX Nifty is trading 33 points lower at 10,770 mark. The market participants will be looking forward to the release of wholesale price index (WPI) inflation data for January due today. Also, drawing investors’ attention in today’s trading would be the earnings of Voltas, UBL, KSCL, ONGC, Page Industries, IFCI, Ashok Leyland and Jet Airways. 

Immediate support is seen around the level of 10,816, which is the 50-day moving average and holding above this level would be extremely important. Stocks in news: L&T Technology Services, Zenith Birla and Alembic Pharmaceuticals.

The optimism in the global markets and the encouraging macroeconomic data which were released post market yesterday will provide a perfect set-up for the bulls and makes us believe that the benchmark indices are all set to open in the positive terrain. The CPI inflation for the month of January 2019 came in sharply lower at 2.05 per cent and the IIP growth for December 2018 was subdued at 2.4 per cent, but it was better than the estimates  The SGX Nifty suggests that Nifty may open around 10,892, up by 30 points.

The level of 10,850-10,858 is likely to act as an immediate support zone for the index as the 200-day moving average and Monday’s session low is placed in this region. Stocks in news: Axis Bank and Alembic Pharmaceuticals.

The benchmark indices are likely to make a soft start as Asian peers lack clear trend and staying cautious ahead of some crucial economic data to be released later today. The SGX Nifty suggests that Nifty may open around 10,907, down by 23 points. The market participants will keep an eye on key domestic macro data like the consumer inflation and the Index of Industrial Production (IIP) which will be released today. 

Going ahead, any slip below the Friday’s session low of 10,925 would increase the likelihood of Nifty testing its 200-day moving average, which currently stands at 10,855 level.  On the upside, it would be crucial for the index to move past the level of 10,950 once again to avoid weakness. Stocks in news: Indusind Bank, Essel Propack, Engineers India, Voltas, Reliance Power, Dr Reddy’s Laboratories, Lupin, Cipla, REC and Prakash Industries.

Indian markets may open flat to negative on Monday as cues from Asian peers are lacklustre, while the Wall Street closed mixed on Friday. The SGX Nifty suggests that Nifty may open around 10,922, down by 24 points. 
  

The top of a Doji session which stands at 11,118 is likely to act as a resistance level. However, if the high of the Doji is exceeded, then the Nifty uptrend should continue towards the level of 11,180. Stocks in news: Raymond, Varun Beverages, Ceat, Pricol, Jet Airways and Shriram EPC.

The mood of the global markets turned jittery as global growth concerns returned to haunt the markets and also, reports indicated that President Donald Trump did not expect to meet his Chinese counterpart Xi Jinping before the March deadline for trade war negotiations. Considering these factors, we may see initial weakness in the Indian markets. The SGX Nifty suggests that Nifty may open around 11,073, down by 21 points. Some of the key stocks such as BPCL, Engineers India, M&M, REC and Tata Steel will announce their quarterly earnings. 

The level of 11,090 is likely to act as a resistance level as it is 61.8 per cent retracement. On the downside, the zone of 10,950-10,985 is likely to act as a key support. Stocks in news: GAIL, Grasim Industries and Majesco.

Key benchmark indices are expected to witness a soft opening as cues from Asian markets are mixed and Wall Street's lacklustre session overnight. The RBI monetary policy will provide further direction to the markets. The recent softening in CPI inflation, disappointing IIP numbers have built-in hopes of a rate cut, or at least, a change in the policy stance. The SGX Nifty suggests that Nifty may open around 11,073, down by 31 points.