FIRST WEEK FIRST DAY MARKET CRASH

First Week of the year 2016 Stock Market Crash. Morning Monday market is already in th going down and at that time , The 30-share BSE SENSEX down over 417.11 points at 25743.79 and the Nifty 50 fell down 132.55 points at 7830.65. MIDCAP SMALLCAP also in lost down in red signal. The market is running red in at the noon after the noon market is turned negative.

Asian markets, including India's, are trading sharply lower this morning following a crack in Chinese equities, where trading had to be halted.This brought back memories of a fall witnessed mid last year, where the Chinese market fell about 30 percent in a matter of a few months.

 

Gold rose more than 1 percent on Friday, recovering from its biggest daily loss in five months as stocks and the dollar retreated, but remained near multi-year lows after the Federal Reserve lifted U.S. interest rates. For More MCX Tips and MCX Trading calls Just click  MCX INDIA TRADING CALLS

Smart Recovery Today in Market

The BSE benchmark Sensex opened in the negative and briefly fell below the psychological 25,000 mark to hit a three-month low, but soon pulled off a smart rebound to end the day 105.92 points, or 0.42per cent, higher at 25,150.35. NSE barometer Nifty50 gained 39.60 percent or 0.52points to settle for the day at 7,650.05. The 50-stock index had fallen below its psychological mark of 7,600 earlier in the day.

Top gainer Top Looser Today

Hindalco Industries, Coal India, Hindustan Unilever and Maruti Suzuki  rose 3.01 percent, 2.62 percent, 1.98 percent and 1.97 per cent, respectively. M&M, Tata Steel and Infosys added 1.96 percent, 1.72 percent and 1.63 percent, respectively. 

Losers included Axis bank, Tata Motors, Bharti Airtel and ONGC, which fell 2.02 per cent, 1.65 per cent, 1.03 per cent and 0.95 per cent, respectively.

Stock Market News Weekly Nifty Report Dec 2015

Trading for the week began with a marginal upside gap on Monday, citing a massive rally on the US bourses on the previous Friday. However, our markets failed to keep the momentum going; in fact, the Nifty shaved off all the early gains and eventually went on to close the day with a loss of 0.21%. The next couple of sessions were clearly dominated by the bears and in the process, the Nifty went on to test the 7600 7600 7600 7600 7600 mark.

On Thursday, we witnessed a minor bounce, proving to be a much required breather of the bulls. However, this small up move also got sold into on Friday as the Nifty slipped below the 7600 7600 7600 7600 7600 mark during the session. The index ended yet another week in the red, with a cut of over 2%.
Despite some positive cues on the global front during the beginning of the week, our markets clearly showed their lack of strength as four out of the five sessions of the week ended well inside the negative territory. In our last report, we had mentioned about the strong support of 7700 7700 77007700 7700.

Unfortunately, this support was breached during the first half of the week, which resulted in a sharp correction towards the mentioned level of 7600 7600 7600 7600 7600. The Nifty is now approaching its recent low of 7539.50 7539.50 7539.50 7539.50 7539.50, which would now be seen as a strong and a crucial support level. We are seeing early signs of the 'Two Points Positive Divergence' in the daily 'RSI' momentum oscillator; if the Nifty nearing strong support of 7540 Sensex (25044) / Nifty (7610) manages to hold the 7540 7540 7540 7540 7540 mark, then we may witness an immediate bounce towards 7700 - 7800 7700 - 7800 7700 - 7800 7700 - 7800 7700 - 7800 levels.

We believe the downside in the Nifty, if any, would be restrained going further even in the eventuality of the index breaching below the 7540 7540 75407540 7540 mark. Thus, traders are advised to make a note of both these scenarios for the forthcoming week. We recommend trading with a proper exit strategy and avoiding undue ris.
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