• posted by IMV |
  • 10/12/2019

Indian equity benchmarks closed in red with minor volatility in the previous trading session. The S&P BSE Sensex fell 0.61 percent to end at 40,239.88 and the NSE Nifty fell 0.68 percent to close at 11,856.80. The broader markets represented by the NSE Nifty 500 Index fell 0.79 percent. All sectoral indices are trading in the red with Nifty PSU Bank, IT and the Energy index falling the most. The government may raise the overseas...

  • posted by IMV |
  • 10/12/2019

Gold trading in a tight range ahead of the FOMC meeting as investors are waiting for clarity on whether the next round of U.S. tariffs on Chinese goods will come into effect this weekend or not. On the other hand, Crude oil also traded lower on Tuesday due to slowing global economic which also outweighed OPEC's deal with associated producers last week to deepen output cuts in 2020.   No Major Economic Data for the day....

  • posted by IMV |
  • 10/12/2019

Index Nifty From 11950---11900 Gain of 3000/- Regular Future... Auropharma From 439---433 Gain of 6000/- JSW Steel From 255---252 Gain of 6000/- Hindpetro  From 267---265 Gain of 4000/- Asian Paints Exit at cost ___ VedL From 145.50---143.00 Loss of 8000/- Intraday Future PEL From...

  • posted by IMV |
  • 10/12/2019

SPARC Once again stock looks bullish on the chart. Currently 2.5 % up from the previous closing. Catch it around 165, if it sustains and closes above 165 for 3 consecutive days + weekly closing will see upside movement till  180 +++ levels in the coming days. Support and stop-loss below 150 on a closing basis. COROMANDEL Currently 1.6 % up from the previous closing and looks positive on the...

  • posted by IMV |
  • 10/12/2019

 Rupee opened on a positive note against the US Dollar in the early morning due to the weakening of US Dollar and firm prices of Crude. In the previous week, in its Monetary Policy meet, RBI decided to hold the accommodative stance and the interest rate remains unchanged. 10-year Indian government bond yield was at 6.67 per cent.  Technical outlook: (December 2019) GBPINR Support is 93.50 Resistance is 93.90. Break...

  • posted by IMV |
  • 10/12/2019

 Fundamental Aspect: Grain markets pushed higher, led by soybean futures being propped up with China waiving import tariffs on some U.S. soybean and pork shipments. White House economic adviser, Larry Kudlow said a Dec. 15 deadline is still in place to impose a new round of U.S. tariffs on Chinese consumer goods, but President Trump likes where trade talks with China are going. China confirmed it will waive import tariffs...

  • posted by IMV |
  • 09/12/2019

Gold inched up on Monday as investors awaited cues from the U.S. Federal Reserve on its monetary policy outlook, while trying to size up the chances of a new round of U.S. tariffs on Chinese goods while on the Other hand, Crude oil traded lower after data showed Chinese exports declined for a fourth straight month which affected the demand of the Crude oil.  No Major Economic Data for the day. Technical Levels...

  • posted by IMV |
  • 09/12/2019

 Indian equity benchmarks ended flat with minor volatility in the previous trading session. The S&P BSE Sensex rose 0.1 percent to close at 40,487.43 and the NSE Nifty 50 rose 0.13 percent to end at 11,937.50. The broader markets represented by the NSE Nifty 500 Index ended flat. Six out of 11 sectors compiled by NSE ended lower, led by the NSE Nifty Realty Index declined 1.6 percent. On the other side, the NSE Nifty Auto Index was...

  • posted by IMV |
  • 09/12/2019

  In the previous week, Rupee settled on a positive note after RBI’s Monetary policy in which RBI has decided to hold the accommodative stance and the interest rate remains unchanged. Earlier, the GDP data stood at 4.5% lower than the previous quarter. The market was expecting a dip around 4.7% against 5% previous, thus the expectations were nearly met and market participants were held back from throwing themselves into jitters. The...

  • posted by IMV |
  • 09/12/2019

ADANITRANS The stock looks bullish on the chart. Currently 4 % up from the previous closing. Catch it above 334  if it breaks and close above 334 for 3 consecutive days + weekly closing will see upside movement till 355 --- 360 +++ levels in the coming days. Support and stop loss below 314 on a closing basis. EIDPARRY Currently 5 % up from the previous closing. Grab it above 204 levels. If it...