• posted by IMV |
  • 03/12/2019

 LALPATH LAB Once again stock looks bullish on the chart. Currently 1.5 % up from the previous closing. Catch it above 1625, if it breaks and closes above 1625 for 3 consecutive days + weekly closing will see upside movement till 1700 +++ levels in the coming days. Support and stop-loss below 1550 on a closing basis. EMAMILTD Currently 4 % up from the previous closing. The stock has formed a green...

  • posted by IMV |
  • 03/12/2019

Most of our subscribers are interested in Yes Bank. Is it the right time to Invest??? Some simple questions you need to answer...  Are you ready to open an account in Yes Bank? Have you seen any new branch of Yes Bank? Do you have confidence that management will solve the major issues as soon as possible? Our answer is NO... A big NO from our side because of weak fundamentals. Surely we will buy but if we see...

  • posted by IMV |
  • 03/12/2019

Rupee opened on a negative note against the US Dollar in the early morning due to growth concerns after GDP fell to 4.5% in the second quarter of 2020. Weak manufacturing data of the US is showing growth concerns and new signs of a trade war in the coming days. The 10-year Indian government bond yield was at 6.47 percent.  Technical outlook: (December 2019) GBPINR Support is 92.60 Resistance is 93.00. Break and...

  • posted by IMV |
  • 03/12/2019

 MONEYCONTROL • Bank of Baroda: The lender is to consider raising capital funds through the issue of capital debt instruments on December 5. • Godrej Properties: The company has acquired 20 percent issued and paid-up share capital of Yujya Developers Private Limited. • NMDC: Total November production was down 10.6 percent at 2.94 MT versus 3.29 MT, while sales remained flat at 2.79 MT, YoY. •...

  • posted by IMV |
  • 02/12/2019

 Gold fell on Monday and on the other hand Crude rises after China’s Caixin Manufacturing PMI reported higher than expected suggesting the expansion of the Chinese Factory Sector which made investors invest in riskier assets.  Today, traders should concentrate on the ISM Manufacturing PMI along with Construction Spending m/m from the house of the US which will impact on metal and Bullions segment. If the forecast figure match...

  • posted by IMV |
  • 02/12/2019

 The market ended flat on the first trading day of the week. The S&P BSE Sensex rose 0.02 percent to close at 40,802.17 while the NSE Nifty fell 0.07 percent to 12,048. The broader markets represented by the NSE Nifty 500 Index fell 0.16 percent. On Monday trading session Manufacturing PMI data of November has been released which is better than market expectation at 51.2 vs 49.8 forecasted.  On the first day of Ujjivan, Small...

  • posted by IMV |
  • 02/12/2019

Intraday Future Mannapuram  From 154.70---156.60 Gain of more than 10000/- Regular Future... Not a good day Reliance  From 1600---1590   Loss of 5000/- Marico  From 359---355  Loss of 5500/- Maruti  From 7300---7150 Loss of 11500/- Cash Regular Welcorp --- Exit at cost

  • posted by IMV |
  • 02/12/2019

COROMANDEL After a range-bound trading stock has given a bullish breakout on the chart. Currently 2% up from the previous closing. Catch it above 486, if it breaks and closes above 486 for 3 consecutive days + weekly closing will see upside movement till 505 +++ levels in the coming days. Support and stop loss below 468 on a closing basis. VBL The stock looks bullish on the chart. Currently 3.5 % up from the...

  • posted by IMV |
  • 02/12/2019

 Rupee opened on a flat note against the US Dollar in the early morning due to growth concerns after GDP fell to 4.5% in the second quarter of 2020. China’s positive manufacturing data supported the prices of Crude, which is also weighing down on Domestic currency. The 10-year Indian government bond yield was at 6.47 percent.   Technical outlook: (December 2019) JPYINR Support is 65.60 Resistance is...

  • posted by IMV |
  • 02/12/2019

MONEYCONTROL • Jagran Prakashan: The board will mull share buyback on December 9. • DHFL: RBI filed a plea to start the insolvency process against the company.  • Bharti Airtel: The company will consider raising funds via debt, equity on December 4. • 5paisa Capital: Subsidiary company 5Paisa P2P received a certificate of registration to act as NBFC-P2P from RBI. • Infosys: The company...