Intraday calls

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28th Nov - Analysis

Indian Stock Market to open gap positive with 20-50 points for Nifty in new series and on a sharp fall of Crude oil. Today, Indian Stock Market may see record highs again.

We can see sharp positive movements in BankNifty and Oil Marketing companies like HPCL, BPCL, etc. Reliance and Cairn India would see some weakening pressure.
Favourably, We have seen good buying both among FIIs and DIIs on Thursday. FIIs were net buyers of Rs.389.73 crores and DIIs were net buyers of Rs.336.85 crores on Thursday, which is an another good reason to go long today.

Nifty would see strong support at 8450-8420-8400 levels whereas strong resistance would be seen at 8520-8550-8617 levels.

NSE Nifty: (8494) The support for the Nifty is at 8450-8420-8400 and the resistance to the up move is at 8520-8550-8617 levels.

NSE BankNifty: (18022) The support for the BankNifty is at 17920-17890-17740 and the resistance to the up move is at 18130-18260-18350 levels.

BSE Sensex: (28439) The support for the Sensex is at 28300-28230-28120 and the resistance to the up move is at 28540-28660-28720 levels.
 
28th Nov - Analysis

Indian Stock Market to open gap positive with 20-50 points for Nifty in new series and on a sharp fall of Crude oil. Today, Indian Stock Market may see record highs again.

We can see sharp positive movements in BankNifty and Oil Marketing companies like HPCL, BPCL, etc. Reliance and Cairn India would see some weakening pressure.
Favourably, We have seen good buying both among FIIs and DIIs on Thursday. FIIs were net buyers of Rs.389.73 crores and DIIs were net buyers of Rs.336.85 crores on Thursday, which is an another good reason to go long today.
... and the buying volumes were more stupendous in index futures too, indicating good upside potential.
 
01st Dec - Analysis

Indian Stock Market to open flat. Market expected to see further positive movements in days to come but some correction can't be ruled out at this point of time.

Now, all eyes are on RBI Policy, which is going to be disclosed on Tuesday. Any rate cut if see, then Indian Stock Market would continue to make new record highs in days to come. FIIs were net buyers of Rs.935.86 crores whereas DIIs were net sellers of Rs.431.31 crores on Friday.

Nifty would see strong support at 8500-8450-8400 levels whereas strong resistance would be seen at 8617-8665-8750 levels.

NSE Nifty: (8588) The support for the Nifty is at 8500-8450-8400 and the resistance to the up move is at 8617-8665-8750 levels.

NSE BankNifty: (18513) The support for the BankNifty is at 18200-18120-18000 and the resistance to the up move is at 18660-18740-18880 levels.

BSE Sensex: (28694) The support for the Sensex is at 28500-28300-28230 and the resistance to the up move is at 28720-28840-28920 levels.
 
Reserve Bank of India (RBI) eased gold imports and scrapped 20:80 scheme.

Under the 80:20 norms, 20% of the imported gold had to be mandatorily exported before bringing in new lot.

“The 80:20 scheme was a major impediment for jewellers like us. Gold sourced through importers had to be kept in bonded warehouse until proof of earlier export consignments were presented to the customs department. Now, business will be smooth. We want the government to ensure seamless supply of gold to jewellery exporters,” said Pankaj Parekh, vice-chairman of the Gem and Jewellery Export Promotion Council, the Business Standard report suggests.

Vaibhav Global Ltd ... set to benefit out of it. Thanksgiving sales in US will add upto good quarterly results for Vaibhav.... HOLD ON.
 
02nd Dec - Analysis

Indian Stock Market to open flat to negative. Market may see some more profit booking. Now, all eyes are on RBI Policy, which is going to be disclosed today at 11 AM. Any rate cut if seen, then Indian Stock Market would continue to make new record highs in days to come else market would fell down sharply.

FIIs were net sellers of Rs.12.36 crores whereas DIIs were net sellers of Rs.555.17 crores on Monday.

Nifty would see strong support at 8500-8430-8400 levels whereas strong resistance would be seen at 8620-8665-8750 levels.

NSE Nifty: (8588) The support for the Nifty is at 8500-8430-8400 and the resistance to the up move is at 8620-8665-8750 levels.

NSE BankNifty: (18525) The support for the BankNifty is at 18200-18120-18000 and the resistance to the up move is at 18680-18740-18880 levels.

BSE Sensex: (28560) The support for the Sensex is at 28500-28300-28230 and the resistance to the up move is at 28720-28840-28920 levels.
 
03rd Dec - Analysis

Indian Stock Market to open flat. Indian Stock Market would see sideways movement in a rangebound region. Trend is still positive with BankNifty leading the pack. We can see some profit booking (negative movements) in days to come.

FIIs were net buyers of Rs.106.82 crores whereas DIIs were net sellers of Rs.40.42 crores on Tuesday.

Nifty would see strong support at 8500-8430-8400 levels whereas strong resistance would be seen at 8620-8665-8750 levels.

NSE Nifty: (8525) The support for the Nifty is at 8500-8430-8400 and the resistance to the up move is at 8620-8665-8750 levels.

NSE BankNifty: (18556) The support for the BankNifty is at 18300-18200-18120 and the resistance to the up move is at 18680-18740-18880 levels.

BSE Sensex: (28444) The support for the Sensex is at 28300-28230-28120 and the resistance to the up move is at 28580-28720-28840 levels
 
04th Dec - Analysis

Indian Stock Market to open flat with positive bias. Analysis would still remain same.

Indian Stock Market would see sideways movement in a rangebound region. Trend is still positive with BankNifty leading the pack. We can see some profit booking (negative movements) in days to come.

FIIs were net buyers of Rs.391.07 crores whereas DIIs were net sellers of Rs.157.23 crores on Wednesday.

Nifty would see strong support at 8500-8430-8400 levels whereas strong resistance would be seen at 8560-8620-8665 levels.

NSE Nifty: (8538) The support for the Nifty is at 8500-8430-8400 and the resistance to the up move is at 8560-8620-8665 levels.

NSE BankNifty: (18646) The support for the BankNifty is at 18500-18340-18200 and the resistance to the up move is at 18740-18880-19000 levels.

BSE Sensex: (28443) The support for the Sensex is at 28300-28230-28120 and the resistance to the up move is at 28580-28720-28840 levels.
 
05th Dec - Analysis

Indian Stock Market to open positive with 5-20 points for Nifty. Analysis would still remain same. Indian Stock Market would see sideways movement in a rangebound region. Trend is still positive with BankNifty leading the pack. We can see some profit booking (negative movements) in days to come. But weakness is not seen as of now in Indian Stock Market and traders should trade with the market flow which is positive.

FIIs were net buyers of Rs.474 crores whereas DIIs were net sellers of Rs.585.98 crores on Thursday.

Nifty would see strong support at 8500-8430-8400 levels whereas strong resistance would be seen at 8630-8665-8750 levels.

NSE Nifty: (8564) The support for the Nifty is at 8500-8430-8400 and the resistance to the up move is at 8630-8665-8750 levels.

NSE BankNifty: (18783) The support for the BankNifty is at 18560-18500-18340 and the resistance to the up move is at 18800-18880-19000 levels.

BSE Sensex: (28563) The support for the Sensex is at 28450-28300-28230 and the resistance to the up move is at 28580-28720-28840 levels.
 
08th Dec - Analysis

Indian Stock Market to open flat with positive bias. Analysis would still remain same. Indian Stock Market would see sideways movement in a rangebound region. Trend is still positive with BankNifty leading the market.

We can see some profit booking (negative movements) in days to come. But weakness is not seen as of now in Indian Stock Market and traders should trade with the market flow which is positive.

Unfortunately, FIIs were net sellers of Rs.109.45 crores whereas DIIs were net buyers of Rs.166.05 crores on Friday.

Nifty would see strong support at 8500-8430-8400 levels whereas strong resistance would be seen at 8590-8630-8665 levels.

NSE Nifty: (8538) The support for the Nifty is at 8500-8430-8400 and the resistance to the up move is at 8590-8630-8665 levels.

NSE BankNifty: (18757) The support for the BankNifty is at 18560-18500-18340 and the resistance to the up move is at 18800-18880-19000 levels.

BSE Sensex: (28458) The support for the Sensex is at 28400-28300-28230 and the resistance to the up move is at 28580-28720-28840 levels.
 
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