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Share Market Closing Note

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Topic :- Share Market Closing Note

While Adani group stocks plunge, Nifty, Sensex end marginally higher amid lackluster trade

Mixed trend saw on the sectoral front with IT, energy and PSU bank indices ended in the green, while selling seen in the power, realty and metal names


Topic :- Time:3.00 PM

Nifty spot if manages to trade and close above 15850 level then expect some quick upmove in coming sessions and if it closes below above mentioned level then some sluggish movement is likely to be seen however market is likely to outperform ignoring all factors like rising inflation, crudeoil factor and rising manufacturing cost.

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Topic :- Time:2.30 PM

GOLD Trading View:

GOLD is trading at 48438.If it manages to hold above 48360 level then expect it to rise till 48600-48650 levels quite soon. If it breaks and trade below 48360 level then some decline can follow in it.

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Topic :- Time:2.28 PM

Inflation hits all time high of 12.94% as Crudeoil, manufacturing cost soars.

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Topic :- Time:2.20 PM

Just In:

ICE Coffee prices short up higher on the outlook for reduced coffee supplies from Brazil. ICE July Robusta coffee closed up at $1,585 a tonne.

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Topic :- Time:2.00 PM

Reliance is backing Nifty once again. Nifty spot if manages to trade and sustain above 15800 level then expect some further upmove. 15850 spot is the level to watch out for. Once nifty successfully manages to trade and hold above 15850 then it will move hunt for 16000 level very soon. Nifty spot if breaks sand trade below 15760 will result in some decline however all lows should be used as an opportunity to go long. Lets wait for 16000 level now.

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Topic :- Time:1.40 PM

CRUDEOIL Trading View:

CRUDEOIL is trading at 5240.If it manages to trade and sustain above 5245 level then expect some quick upmove in it and if it breaks and trade below 5220 level then some decline can be seen in it.

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Topic :- Time:1.20 PM

Just In:

Jaypee Infratech case: Voting underway on revised plans submitted by NBCC and Suraksha Group.

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Topic :- Time:1.00 PM

Nifty spot is trading at 15743.If it manages to trade and sustain above 15750 level then expect some upmove in the market and if it breaks and trade below 15720 level then some decline can be seen in the market.

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Topic :- Time:12.30 PM

COPPER Trading View:

COPPER is trading at 744.If it breaks and trade below 743.50 level then expect some decline in it and if it manages to trade and sustain above 746.50 level then some upmove can be seen in it.

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Topic :- Time:12.10 PM

Nifty is rangebound. Nifty spot if manages to trade and sustain above 15740-15750 levels then expect some upmove in the market and if it breaks and trade below 15700 level then some decline can be seen in the market. As nifty is in small range traders should wait for some movement in the market and stocks.

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Topic :- Time:11.50 AM


Sharetipsinfo Strongly suggest everyone to apply for following IPOs for decent listing gains:

1. Shyam Metalics

2. Sona BLW Precision Forging(Sona Comstar)


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Topic :- Time:11.30 AM

News Wrap Up:

1. Sensex off days low, down 200 pts; Adani Group stocks tumble

2. NSDL freezes accounts of 3 FPIs owning stake in Adani Group cos

3. ICICI Venture eyes digital start-ups, real estate fund of $300-400 mn

4. DHFL insolvency case: NCLT appoints panel to oversee resolution plan

5. Covid-19 in numbers Cases 29,510,410 | Deaths 374,305 | Vaccination 254,849,301

6. Lupin dips 5% on USFDA warning letter for Somerset manufacturing unit

7. BHEL slips 18% on lower-than-expected March quarter results

8. eClerx Services rallies 45% in 3 days, hits new high post Q4 results

9. IPO buzz on the Street as dozen finserv players line up Rs 55,000 cr issues

10. BSE, NSE suspend trading of DHFL shares from June 14

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Topic :- Time:11.00 AM

After negative opening nifty is still trading in red zone. Nifty spot if manages to trade and sustain above 15720 level then expect some upmove however 15750 level is the immediate resistance to watch out for and if it breaks  and trade below 15680 level then some decline can be seen in the market.

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Topic :- Nifty Opening Note

Indian Stock Market Trading View For 14 June,2021:

Nifty is likely to turn volatile as the day progresses. Stock specific action is expected through out the day.

Nifty spot if manages to trade and sustain above 15840 level then expect some upmove and if it breaks and trade below 15740 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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