TODAY'S  TO GAINER LEVELS UPDATE ( 2nd Jan 2019 )
  • posted by IMV |
  • 02/1/2020

SUNTECK Stock looks bullish on the chart. Currently 2 % up from previous closing. Catch it above 432 if it breaks and close above 432 for 3 consecutive days + weekly closing will see upside movement till 455 +++ levels in coming days. Support and stop loss below 412 on a closing basis. GODFRYPHLP Currently 2 % up from previous closing and stock is on a verge of reversal.  Grab it above...

Currency Levels (2nd January 2020)
  • posted by IMV |
  • 02/1/2020

Rupee opened on a flat note against the US Dollar in the early morning as it is stable due to positive sentiments regarding US-China trade deal. Foreign Institutional Investors allegedly sold stocks worth of Rs 1,265.10 on Tuesday. The US 10- year bond is trading at 6.50 percent.  Technical outlook: (January 2020) Dollar Index Dollar index has its support at 96.30 and resistance is seen at 96.70. Break and...

MORNING NEWS HEADLINES 2nd Jan 2020
  • posted by IMV |
  • 02/1/2020

 MONEYCONTROL • Tata Motors: December sales dropped 13.8 percent to 46,903 vehicles against 54,439 units during December 2018. • Eicher Motors: VECV December sales dipped 19.1 percent to 5,042 units against 6,236 units during December 2018. • JBM Auto: The merger of JBM Auto System and JBM MA Automotive with the company is effective on January 1. • Dhanlaxmi Bank: CARE reaffirmed ratings of the...

MORNING NIFTY AND BANK NIFTY UPDATE ( 2ND JAN 2020)
  • posted by IMV |
  • 01/1/2020

    Indian equity benchmarks ended flat on the first trading day of the calendar year. The S&P BSE Sensex rose 0.13 percent or 52 points to end at 41,306.02 and the NSE Nifty 50 rose 0.12 percent or 14 points to close at 12,182.50. The broader markets represented by the NSE Nifty 500 Index rose 0.16 percent. The market breadth was tilted in favour of buyers. About 1,017 stocks advanced and 735 shares declined on NSE. Six out...

Agri-Commodity Update  (1st January 2020)
  • posted by IMV |
  • 01/1/2020

Fundamental Aspect: The front-month soybean contract on the NCDEX is likely to rise to 4,650-4,850 rupees per 100 kg soon as lower output is expected this year due to unseasonal rains, Kedia Comtrade said in its outlook report.   In Indore, soybean prices were flat at 4,400-4,450 rupees per 100 kg. Average daily arrivals were estimated to be largely steady at 2,000-2,500 bags (1 bag = 100 kg), Indore Traders Association head...

Currency Levels (1st January 2020)
  • posted by IMV |
  • 01/1/2020

Rupee opened on a flat note against the US Dollar in the early morning due to new year holidays, market volume is likely to be low today. Foreign Institutional Investors allegedly bought stocks worth of Rs 81.37 Crore on Friday. The US 10- year bond is trading at 6.51 percent.  Technical outlook: (January 2020) EURUSD It has major support at 1.1200 and resistance is 1.1240.  Break and sustain above 1.1240...

Morning News Headlines (1st Jan 2020)
  • posted by IMV |
  • 01/1/2020

 MONEYCONTROL • Aster DM Healthcare: Company entered into a share purchase agreement to acquire 100 percent stake in Wahat Al Aman Home Healthcare. • CreditAccess Grameen: Company completed direct assignment transaction of Rs 434.99 crore on December 31. • PTC India: Company won the bid as aggregator for Pilot Scheme - II, issued by Ministry of Power, for the resolution of stressed thermal assets. • Yes...

MORNING NIFTY AND BANK NIFTY UPDATE ALONG WITH STOCK LEVELS FOR THE DAY (1ST JAN 2020)
  • posted by IMV |
  • 31/12/2019

Indian equity benchmarks registered their second-best yearly gains in five years. The S&P BSE Sensex returned 14.3 percent in 2019 to close the year at 41,253 and the NSE Nifty advanced 12.1 percent during the period to end at 12,176.30 on yearly closing.  The broader markets represented by the NSE Nifty 500 Index declined 0.4 percent on the previous closing. The finance minister announced adding of Rs 3 lakh cr to Rs 102 lakh cr...

Updates on Bullion,  Base Metals, and Energy Levels  (31st Dec 2019)
  • posted by IMV |
  • 31/12/2019

Gold jumped on Tuesday to their highest in more than three months on a weakening dollar index, with the metal on track for its best annual show in nearly a decade. On the other hand, Crude oil traded sideways heading for their biggest annual rise since 2016, supported by softening, in the long run, U.S.-China trade dispute and supply cuts. Today, traders should concentrate on the HPI m/m and CB Consumer Confidence from the house of the US...

Today's Performance (31st Dec 2019)
  • posted by IMV |
  • 31/12/2019

Intraday Future Jublfood  From 1660---1675 The gain of 7500/- Regular Future Indusind Bank  From 1530---1518 The gain of 4000/- Bajfinance From 4250---4260 Loss of 2500/- Tata Motors --- Exit around cost Cash Regular... The gain of more than 6% IRCTC From 922---950 The gain of 3% Bajaj Electric From...