Tuesday, 7 March 2017

Nifty50 to consolidate at kissing distance of 9K; D-Mart IPO opens today

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Market outlook: Nifty50 likely to consolidate at kissing distance of 9K

The Relative Strength Index or RSI on the daily chart stood at 66.5433 and it does not show any failure swing or any bullish or bearish divergence.

What's buzzing on breakfast tables this morning

Asian markets across Japan, Korea and Australia were trading in the positive in early morning trade. On Tuesday, the Dow Jones Industrial Average fell 29.58 points, or 0.14 per cent, to 20,924.

Tech View: Nifty50 forms Bearish Bet Hold pattern, calls for caution

Lack of follow through buying to Monday's pick up is suggesting that bulls lack ammunition to crack the formidable resistance point of 9,000 levels.

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Market Watch 8 Mar | 09:38AM|
SENSEX NIFTY USD/INR GOLD
28976.70
-22.86
8946.20
-0.70
66.64
-0.07
28733.0
-212.0
Gainers Losers 8 Mar, 2017, 09:38AM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
52W - Highs 52W - Lows 8 Mar, 2017, 09:38AM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Jenson Nicholson 16.23 9.96 306417 16.23 15.34
Cosmo Ferrites 25.50 8.05 79892 25.60 23.80
Filatex India 103.55 6.42 256749 106.00 101.20
Windsor Machine 57.75 5.10 66551 59.55 56.00
Everest Org 80.10 4.98 10287 80.10 79.50

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