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Share Market Closing Note, Indian Stock Market Trading View For 16 Aug,2022:

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Topic :- Share Market Closing Note

Nifty ends above 17,800, Sensex gains 379 pts led by auto, realty, oil & gas.

Sensex falls 305 pts, Nifty gives up 17,250; Paytm slides 4%, HDFC 2% |  Business Standard News

Except metal and PSU Bank, all other sectoral indices ended in the green with auto and realty indices rising 2 percent each.

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Topic :- Time:3.00 PM

Nifty spot if manages to close above 17800 level then expect some further upmove in coming sessions and if it closes below above mentioned level then some sluggish movement can continue in the market. Avoid open short positions for tomorrow.

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Topic :- Time:2.45 PM

Just In:

I would have put money in Akasa Air had Rakesh asked, says Ramesh Damani

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Topic :- Time:2.40 PM

Just In:

Gold loan provider Muthoot Finances stock slumps 15%

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Topic :- Time:2.30 PM

NATURALGAS Trading View:

NG is trading at 707.20.If it manages to trade and sustain above 710 level then expect some quick upmove in it and if it breaks and trade below 703 level then some decline can follow. Soon NG will be in Sell from rise.

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Topic :- Time:2.00 PM

Nifty is trading in a range. Nifty spot if manages to trade and sustain above 17800 level then expect some quick upmove in the market and if it breaks and trade below 17780 level then some decline can follow in the Nifty.

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Topic :- Time:1.30 PM

CRUDEOIL Trading View:

CRUDEOIL is trading at 7003.If it breaks and trade below 7000 level then expect some quick decline in it and if it manages to trade and sustain above 7020 level then some upmove can follow in Crudeoil.

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Topic :- Time:1.00 PM

Nifty is likely to turn volatile now. Nifty spot if breaks and trade below 17760 level then expect some decline in the market and if it manages to trade and sustain above 17800 level then some upmove can follow in the Nifty.

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Topic :- Time:12.40 PM

Just In:

Rakesh Jhunjhunwalas stock holdings worth nearly $4 billion in focus after death

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Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 665.40.If it breaks and trade below 664.00 level then expect some decline in it and if it manages to trade and sustain above 666.20 level then some recovery can follow in it.

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Topic :- Time:12.00 PM

Nifty is trading in positive zone however some profit booking is expected in the market. Nifty spot if breaks and trade below 17780 level then expect some decline in it and if it manages to trade and sustain above 17820 level then some upmove can follow in the market.

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Topic :- Time:11.30 AM

News Wrap Up:

1. Sensex soars 300pts, Nifty50 above 17,800; Midcaps outperform

2. Reserving sub-Rs 10K 5G market for Indian companies: Telcos have doubts

3. SpiceJet enters into settlement agreement with lessors for Boeing aircraft

4. Full-scale nuclear war could kill 5 billion people, shows new study

5. News updates: India logs 8,813 new coronavirus cases, 29 deaths in a day

6. Indias fuel demand continues to fall in August as monsoon sets in

7. Cryptocurrencies rally cools as Ethereum upgrade optimism loses steam

8. SBI hikes MCLR for various tenures by 20 bps; third hike in three months

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Topic :- Nifty Opening Note

Indian Stock Market Trading View For 16 Aug,2022:

Market will open after long weekend. Nifty to follow global cues.Nifty spot if manages to trade and sustain above 17720 level then expect some upmove in the market and if it breaks and trade below 17640 level then some decline can be seen in the market. Please note this is just opening view and should not be considered as the view for the whole day.


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