• posted by IMV |
  • 26/11/2019

NAVINFLUOR Stock gives a sharp upside breakout and looks positive on the chart. Currently 4.5 % up from the previous closing. Grab it around 920 --- 915, if it sustains and closes above 920 for 3 consecutive days + weekly closing will see upside target till 965 --- 970 +++ levels in coming days. Support and stop loss below 875 on a closing basis. GESHIP Stock looks bullish on the chart. Currently 2.2 % up...

  • posted by IMV |
  • 26/11/2019

Rupee opened on a flat note against the US Dollar in the early morning after mixed sentiments on concerns regarding the US-China Trade deal. Increasing foreign fund inflows is supporting Rupee while a stronger Dollar is weighing down on the Domestic unit and restricting its gains. The 10-year Indian government bond yield was at 6.51 percent.  Technical outlook: (November 2019) USDINR Support is 71.60 Resistance...

  • posted by IMV |
  • 26/11/2019

MONEYCONTROL • Zee Entertainment: The company has appointed three new independent directors in lieu of two independent and one nominee director of Essel Group. Also, Subhash Chandra stepped aside as the chairman of the company. • Ashok Leyland/ICICI Bank: Ashok Leyland signed a Memorandum of Understanding (MoU) with lClCl Bank to enter into a strategic financing partnership for two years. • MOIL: Shares will turn...

  • posted by IMV |
  • 25/11/2019

Gold fell on Monday on the behalf of news that the United States and China expressed willingness to sign an initial trade deal by the year-end, lifting demand for riskier assets and boosting the dollar. On the other hand, Crude oil traded sideways amidst mixed sentiment in the market.  No major  Economic  data  due for the day. Technical Levels Gold (Dec) Support at 37700 and Resistance at...

  • posted by IMV |
  • 25/11/2019

The market closes on a positive note and BSE Sensex hit a fresh all-time high on Monday trading session. BSE Sensex rose as much as 1.31 percent to close at 40,889.23 while the NSE Nifty rose 1.34 percent to 12,073.75, just 15 points away from its all-time high on an intraday basis. The broader markets represented by the NSE Nifty 500 Index rose 1.06 percent.  All the sector indices ended in the green, led by the NSE Nifty Metal...

  • posted by IMV |
  • 25/11/2019

  In the previous week, Rupee settled on a positive note due to stable prices of Crude oil and sustained foreign funds inflow. This whole week, the market is likely to trade in a range as investors are keeping an eye on the GDP numbers for the second quarter of this year to be announced on Friday. The GDP growth for the first quarter stood at 5%, which was way lower than expected and it sent investors’ sentiments in jitters. Now,...

  • posted by IMV |
  • 25/11/2019

EID PARRY Currently 5 % up from the previous closing and looks extremely positive on the chart. Garb it around 188, if it sustains and closes above 188 for 3 consecutive days + weekly closing will see upside rally till 205 --- 210 +++ levels in days to come. Support and stop loss below 180 on a closing basis. SPARC Once again stock looks bullish on the chart. Currently 4.5 % up from the previous closing....

  • posted by IMV |
  • 25/11/2019

Rupee opened on a flat note against the US Dollar in the early morning after mixed sentiments on concerns regarding the US-China Trade deal. Increasing foreign fund inflows is supporting Rupee while a stronger Dollar is weighing down on the Domestic unit and restricting its gains. The 10-year Indian government bond yield was at 6.51 percent.  Technical outlook: (November 2019) JPYINR Support is 65.90...

  • posted by IMV |
  • 25/11/2019

MONEYCONTROL • Thyrocare Technologies: The company's officials will hold a con-call with the representative(s) of Eternity Capital Management on November 25 and a meeting with the representative(s) of Capital Investment Research Services Private Limited (Capital Group) on December 2. • Affle India: The company's officials will hold a con-call with Edelweiss Securities, Spark Capital Advisors and Soros Capital Management on...

  • posted by IMV |
  • 25/11/2019

Fundamental Aspect: Soybean prices reported strong in Nagpur Agriculture Produce Marketing Committee (APMC) on increased demand from local crushing plants amid tight supply from producing belt. Healthy rise in Madhya Pradesh soybean prices and reported demand from South-based plants also boosted prices here.  Source: ET Technical Aspect Turmeric (December) Turmeric has its support at 5600 and...