• posted by IMV |
  • 16/8/2018

Gold traded lower amid strengthening in dollar index. The ongoing trade war between major economies and the upper-hand of America in the ongoing war is shifting the investors to invest in dollar irrespective of the global uncertainty which in turn is putting gold demand on a halt. The recent data of U.S retail sales which was increased 6.4% y-o-y further boosted the dollar and had a tremendous pressure on gold. Yesterday the global sell off took...

  • posted by IMV |
  • 16/8/2018

BTSTDr Reddy from 2288----2298.  Gain of 2500/-Intraday FutureArvind from 399--403 Gain of 8000/-India Bulls housing finance from 1265---1260. Exit in tiny profitFuture RegularAmaraja Battery from 835---857. Gain of 15000/-DLF from 205--200. Loss of 12500/-Infosys from 1425--1435. Gain of 6000/-McDowell... Exited at cost.Cash RegularV Guard from 218.5 – 217. Booked LossCash IntradayAdani Enterprises from 203.5 – 205.5. Booked...

  • posted by IMV |
  • 16/8/2018

NIFTY FUTUREAs expected, we have seen range bound trading in Nifty future once again. Nifty future made a high of 11460 and a low of 11377, finally settled at 11417Now what to expect???Support at 11350 and Resistance at 11510Weekly close below 11350 will take to 11200---11050 and then to 10900 mark in days to come else it could test its resistance level of 11510 againFresh buying will initiate only close above 11510 markTrade safely with levels...

  • posted by IMV |
  • 16/8/2018

Nifty FutureOn Tuesday trading session bulls made a comeback and ended the day on strong note. Nifty looks positive chart. Investors can buy on dip in range of 11440—11420 level and maintain stop loss below 11350 for the upside target of 11500. More and more upside rally will see above 11510 mark.Buy Nifty around 11440--11420 with stop loss above 11350. Target 11500        Bank Nifty Future Our revise stop loss got...

  • posted by IMV |
  • 16/8/2018

We have seen buying in Nifty Aug future in last trading session after a positive opening tested the high 11478.15 & closed at 11463.45 (+82.60 Pts.), mostly traded with upward bias. Put writing is seen at 11400 & 11500 strikes & call unwinding is seen at 11500 strike price. It clearly indicates that 11350 will act as a support in short term. Any close below 11350 will trigger further selling &...

  • posted by IMV |
  • 16/8/2018

Fundamental Aspect:Soybean future prices settled the session lower due to fresh selling witnessed by the market participants on forecast of good rains in the central India after a brief dry spell. The area under soybean in the country increased by 9% reported at 11.1 lakh ha as of last week compared to last year sowing, data released by the farm ministry. Moreover, Government has increased the export incentives on soy meal to 10% of the...

  • posted by IMV |
  • 16/8/2018

RBI steps in as Government says no need to worry yetThe Indian rupee plunged sharply and hit a record low against the dollar as the currencies of emerging markets witnessed a rout, triggered by the crash in the Turkish lira. An absence of aggressive intervention by the RBI has also hurt the rupee. Market is nervous ahead of India's inflation data due later today. The dollar has strengthened to multi-month high on expectations of aggressive...

  • posted by IMV |
  • 16/8/2018

Economic Times● Blackstone group in talks to pick up stake in Jet Airways’s loyalty programme● More than Rs 3,000 crore lost in Kerala floods in last 24 hours● Govt closely monitoring emerging market currency risks, says Jaitley● Flipkart outpaces Amazon in sales growth● SEC subpoenas Tesla over CEO Elon Musk’s tweetsBusiness Standatd● Turkey imposes up to 140% tax on rice, alcohol, cars from US● Gold prices fall for second day, silver rates...

  • posted by IMV |
  • 14/8/2018

Gold traded sideways amid mix fundamentals in the global market. The ongoing dispute between turkey and U.S is supporting the gold prices however the gains are soon getting set off by the extending dollar index which is replacing safe heaven demand in the global market and putting pressure on gold prices. As per the recent data from SPDR gold trust they have reduced their gold holdings by 0.19% and currently held at 784.60 tonnes which is...

  • posted by IMV |
  • 14/8/2018

ABOVE 2016.... WILL SEE SHARP UPSIDE RALLY TILL 2060---2085++++ MARK IN DAYS TO COMESUPPORT AND STOP LOSS BELOW 1985 ON CLOSING BASISABOVE 2016... CATCH IT AND ACCUMULATE IN PANICWEAKNESS IN INR AGAINST USD WILL SUPPORT IT STOCKS FOR TIME BEING