Page 25 - Nifty Outlook

Nifty holding on to key levels despite volatility: Angel Broking

For this week, 11,500 - 11,600 has now become an important support zone

Nifty can scale new peak once 12,050 is taken out: HDFC Securities

Nifty is forming a symmetrical triangle with "shortall" in place on the daily chart, which indicates that the chances of bullish breakout is higher than the bearish breakout

Nifty needs to hold 11,800 for further upside: CapitalVia Global Research

We can witness short-covering move along with addition of fresh position only if Nifty breaches 12,000

Banks, FMCG stocks may outperform in near-term: HDFC Securities

BankNifty index has broken out from the "Flag" pattern on the daily chart, which indicates a fresh momentum buying the Banking stocks

Nifty could consolidate between 11,900 and 12,050 in short term: HDFC Sec

Previous top on the daily charts is placed at 11,794, which is likely to provide support to the index

Nifty outlook and stock picks by Gaurav Garg of CapitalVia Global Research

The level of 11,000 will act as support for the Nifty as maximum put open interest (OI) is placed here

Steady move towards 12,200 likely once Nifty conquers 12k : Angel Broking

Banking stocks' gain on Friday may provide impetus for the extended rally going forward

We can witness short covering if Nifty breaches 11,800: Gaurav Garg

Nifty could face firm support in sub 11,600-zone.11,600 will act as support as maximum put OI is placed here

Nifty is headed towards 11,800, says Vinay Rajani of HDFC Securities

Support for the Nifty is shifted up to 11,400, which should be kept as a stop loss in long positions. The upside target for Nifty is seen at 11,800 odd levels

Nifty placed at a crucial juncture: Sameet Chavan of Angel Broking

If these levels are taken out, this will certainly negate the bearish stance and then the indies can head higher.

Nifty has strong resistance between 11,300 and 11,400: HDFC Securities

There is a lot of uncertainty and clear trend is not visible on the charts

Strong support exists for Nifty at 10,900: CapitalVia Global Research

A short-covering move, along with addition of fresh position, is seen only if somehow Nifty sustains level of 11,200

Support for Nifty is seen at 10,882, says Vinay Rajani of HDFC Securities

Nifty has violated the support of its 50 days EMA. The trend would be considered bearish unless Nifty closes above 11,450

Nifty can test higher levels if it holds 11,400: Nilesh Jain of Anand Rathi

The momentum indicators and oscillators on the weekly scale are very well in 'buy' mode

Nifty outlook & stock picks by Nilesh Jain of Anand Rathi: Buy FDC, Cyient

The momentum indicator for FDC has reversed from the overbought territory which hints of further positive momentum in the counter

11,550-11,650 to act as immediate hurdles: Sameet Chavan of Angel Broking

On the lower side, 11,350-11,200 would be seen as a key support zone

Charts show bulls are making a strong comeback: Nilesh Jain of Anand Rathi

The momentum indicators and oscillators on the weekly scale are very well on buy mode. The volatility index --India VIX -- has also started cooling down which is giving comforts to the bulls

Nifty has entered short-term down trend, says Vinay Rajani of HDFC Sec

It would be advisable to remain bearish in the market unless Nifty surpasses the resistance of 11,585

Nifty outlook and stock picks by Nilesh Jain of Anand Rathi: Buy IRCTC, TCS

The momentum indicators and oscillators are very well in the buy mode on daily as well as weekly scales which hints of a further positive momentum in TCS

Nifty outlook and stock recommendations by Sameet Chavan of Angel Broking

Looking at the technical set up, with last week's price activity, we can see a formation of 'Bearish Engulfing' pattern on weekly chart