Sunday, 5 March 2017

Nifty undercurrents buoyant, may hit 9,300; 5 factors that will chart market direction this week

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MONEY & MARKETS
Nifty undercurrents buoyant, to consolidate with a positive bias 

Technically, since the market ended the previous session coming off its lows, we can expect the Monday's session to start on a modestly positive note.

What changed overnight & top market cues for you  

Friday's formation of a Hammer setup on the Nifty charts after a Bearish Engulfing Pattern on Thursday is a positive sign, which shows that the bulls are not going to give up easily.

5 factors that are likely to chart market direction this week 

The benchmark equity indices hit fresh 52-week highs but closed on a flattish note with a negative bias, as traders preferred to take some profit off the table.

LIVE BLOG: Look who's moving my market today
IN FOCUS: Fifteen stocks to watch in today's session 
need2know: 6 macro triggers that market would track 
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Market Watch 6 Mar | 08:59AM|
SENSEX NIFTY USD/INR GOLD
28832.45
-7.34
8897.55
-2.20
66.80
0.09
29015.0
-155.0
Gainers Losers 6 Mar, 2017, 08:59AM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
52W - Highs 52W - Lows 6 Mar, 2017, 08:59AM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Vista Pharma 30.90 20.00 2577136 30.90 25.50
Alufluoride Ltd 58.55 19.25 410110 58.90 48.05
Jenson Nicholson 12.20 17.99 453253 12.40 9.66
Accel Frontline 77.35 14.68 173265 78.90 68.25
Swiss Glasscoat 222.15 10.69 59997 227.00 200.00

STREET VOICE

Nifty unlikely to breach 9000 in near term: Gaurang Shah, Geojit BNP Paribas Financial Services

Within correction and consolidation, there are two stock ideas that we should identify fro...

Gaurang Shah

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