Abundance Stock Advisors

rss feed

Abundance Stock Advisors's Latest Posts

Market View: 24-28 JUL 2017

Filed in Market Update by on July 24, 2017
Market View: 24-28 JUL 2017

Week Market View: 24-28 JUL 2017 View Last week the NIFTY closed at 9915.25 registering a nominal gain of 0.29% over previous week. We can say that the consolidation has continued with a positive bias. This week we have JUL derivative expiry and also the remainder of the earnings to be announced. At some point […]

Continue Reading »

Market View: 17-21 JUL 2017

Filed in Market Update by on July 17, 2017
Market View: 17-21 JUL 2017

Week Market View: 17-21 JUL 2017 View To everyone’s surprise, last week the NIFTY closed at 9886.35 registering a gain of 2.28% over previous week. Now, the NIFTY looks set to hit the new milestone of 10,000 soon. That’s because the earnings could be better in the second half of the year after factoring in […]

Continue Reading »

Market View: 10-14 JUL 2017

Filed in Market Update by on July 11, 2017
Market View: 10-14 JUL 2017

Week Market View: 10-14 JUL 2017 View Last week the NIFTY closed at 9665.80 registering a gain of 1.52% over previous. The consolidation continues in the channel 9450-9700 with a positive bias. There is definitely a resistance that is coming in at 9700. The NIFTY has moved around 20% this year without a real correction […]

Continue Reading »

Market View: 3-7 JUL 2017

Filed in Market Update by on July 3, 2017
Market View: 3-7 JUL 2017

Week Market View: 3-7 JUL 2017 View Last week the markets closed at 9520.90 registering a loss of 0.56% over previous week. This was the third consecutive week where NIFTY registered a loss though they were all minor losses. This week marks a new era in the Indian markets with the commencement of GST, one […]

Continue Reading »

Market View: 19-23 JUN 2017

Filed in Market Update by on June 19, 2017
Market View: 19-23 JUN 2017

Week Market View: 19-23 JUN 2017 View Last week the NIFTY closed at 9588 registering a loss of 0.83% over previous week. The slight weekly fall was expected as the markets are trying to factor in the GST impact a bit. This consolidation with a slight negative bias is likely to continue over a few […]

Continue Reading »

Market View: 12-16 JUN 2017

Filed in Market Update by on June 12, 2017
Market View: 12-16 JUN 2017

Week Market View: 12-16 JUN 2017 View Last week the NIFTY closed at 9668.25 registering a gain of 0.15% over previous week. The upward journey continues with a few hiccups that we saw last week. The markets have not yet corrected but what has gone unnoticed that there are corrections happening at individual script level. […]

Continue Reading »

Market View: 5-9 JUN 2017

Filed in Market Update by on June 5, 2017
Market View: 5-9 JUN 2017

Week Market View: 5-9 JUN 2017 View Last week the NIFTY closed at 9653.50 registering a gain of 0.61% over previous week. The markets have continued to display their strength. The market participants are all awaiting a correction but that’s not happening. A lot of money is flowing in the Indian markets and hence the […]

Continue Reading »

Market View: Week Starting 29th MAY 2017

Filed in Market Update by on May 29, 2017
Market View: Week Starting 29th MAY 2017

Week Market View: Week Starting 29th MAY 2017 View Last week the NIFTY closed at 9595 registering a gain of 1.7% over previous week. The markets continued to show strength. The midcaps regained their lost ground and the bank stocks too showed strength. The bank NIFTY experienced heavy volumes due to good money inflow. The […]

Continue Reading »

Market View: 22-26 MAY 2017

Filed in Market Update by on May 22, 2017
Market View: 22-26 MAY 2017

Week Market View: 22-26 MAY 2017 View Last week the NIFTY closed at 9428 registering a marginal gain of 0.3% over previous week. The last candlestick pattern on the NIFTY shows that it has gone into an indecisive mode. Hence a routine correction could be round the corner, though not a very steep one. Reason […]

Continue Reading »

Market View: 15-19 MAY 2017

Filed in Market Update by on May 15, 2017
Market View: 15-19 MAY 2017

Week Market View: 15-19 MAY 2017 View Last week the NIFTY closed at 9400 registering a gain of 1.24% over previous week. While we were expecting a correction the NIFTY continued to scale upwards in view of the good quarterly results being announced. The midcap index is trading at historically high levels along with the […]

Continue Reading »