Analysis Of Market This Week : Indian Share Market

Hi Folks, Here's the Analysis of Indian Share Market this Week for week ending 1st Jan'16

Nifty                            :    7963.20 (+1.31% )                Sensex                :  26160.90 (+1.32% )

                                                                      

NIFTY Midcap 100  :  13540.45 (+1.30% )              BSE Small Cap   :  11940.75 (+1.82% )

NIFTY  BANK            :  17039.25 (+1.51% )              Dollar  V/s  Rupees :    66.12 (+0.14% )

                                   

Gainers Of The Week

(1) Pipavav Defence :  14.38%   (2) Jet Airways  : 20.73%        (3) Engineers India : 14.27%

(4) SREI Infra Ltd  : 45.19%      (5) Reliance Infra  : 30.81%  (6) Reliance Capital : 13.89%

                          (7) Adani Power Ltd : 13.33%       (8) India Cement Ltd  : 16.66%

                                                       

Losers Of The Week

(1) Cadila Healthcare : 15.04%  (2) Power Finance Co. : 6.28%   (3) Thermax Ltd : 4.89%

                                                                                

 (4) Alok Ind. Ltd  : 2.77%           (5) Monsanto India : 3.57%        (6) Shipping Corpn. : 3.23%

                             (7) Neyveli Lignite Ltd : 3.03%             (8) PVR  Ltd : 2.24%

             

                                                         Analysis  Of  Nifty  Movements

Indian share market and Nifty started this week's trading with steady to consolidation note and the Nifty bounced back strongly after testing lower at 7863 level on very first trading session of this week. Although big players done mixed trades ( Buying and Selling both in Cash Segment ) particularly  FII , on first two trading sessions but they turned to buyers side after Nifty traded steady around 7900 level on third trading session of the week. Nifty made weekly high at 7973 level on the last trading session due to big investors FII were turned as buyer in cash segment  on last three session during this week. Market participant DII are using every sharp dips for buy although DII book some profit in selected shares during this week. Bullish  trend of Nifty and market is still strongly intact. 

NIFTY Mid Cap 100 Index raised by 1.30% and BSE Small Cap Index moved up by 1.82%, Nifty was also raised by 1.31% , Sensex raised by 1.32% and Bank Nifty was moved up by 1.51% during the week. Indian Rupee slightly raised against US $ by 0.14%

Now, Nifty have  support at 7940 / 7890 level and resistance at 7990 / 8030 level. Market participants should watch these level closely as Nifty will give a sharper move on either side after breaching the same. Its a market of selling at sharp rise and buying at any sharp dips to remain strong with safe profit on the table, So market participants should sell at any sharp rise and should cover the sold positions at any sharp dips to make nice profit in short term. 

Nifty bounced from the low of 7551 Level which is the lowest level after 11th Aug'2014. It means that Nifty will enter in BEAR Orbit for SHORT TERM if the Nifty again able to breach and sustain bellow 7550 level as closing basis at least for 2 trading sessions.  It will indicate the further weakness in the Indian Share Market . Each and every Market trader / investor should buy at any further sharp dips (strictly considering the lower level of 7550 for Nifty) as its a very right time to make your Portfolio for medium to long term.