Tuesday, October 6, 2015

Stock Intraday Tips For Tomorrow: 7th October

Stock Tips Tomorrow, Intraday Tips tomorrow, Share Market Tomorrow, Nifty Trend Tomorrow

The market sustained its upward momentum for the fifth consecutive session Tuesday on stability in global peers post deferral of Fed rate hike and renewed buying interest in most beaten down quality stocks. The Sensex gained 5 percent and the Nifty rallied 4.6 percent in five sessions on buying across sectors. Experts see another 1-2 percent rally amid consolidation in near term ahead of September quarter earnings that will start on Monday with Infosys. The Nifty is likely to see levels of 8350 in the short-term move, says Shubham Agarwal of Motilal Oswal Securities. Anand Kumar, Bank of America Merrill Lynch says despite the recent downgrades, aggregate Sensex earnings expectations for FY16 continue to remain high. Consensus Sensex EPS growth for FY16 is nearly 17 percent on a bottom-up basis. He expects this to get downgraded to 8-10 percent. The 30-share BSE Sensex climbed 147.33 points to 26932.88, which was 67 points away from 27000-mark. The 50-share NSE Nifty rallied 33.60 points to 8152.90 amid consolidation. On the global front, global markets gained strength after the strong rally on Wall Street overnight. Japan's Nikkei, Singapore's Straits Times, South Korea's Kopsi ended higher by 0.6-1.6 percent but Hang Seng saw profit booking. In Europe, FTSE, CAC and DAX reversed opening losses to trade higher despite weak industrial orders data from Germany. Back home, CNX Energy, Metal, Pharma and FMCG indices were the leading gainers, up 1-2.6 percent.

Stock Intraday Tips Tomorrow: 7th October
  • Buy BPCL with a strict stop loss of Rs 850 for the upside target of Rs 920.
  • Buy Torrent Pharma for shorter-term target price of Rs 1,800 and in the long-term it could do much more.
  • Sell Amtek Auto as per its annual reports

Tuesday, September 1, 2015

MCX Commodity Intraday Calls For Today: 1st Sept 2015

Sharp decline in the global market has a strong impact on the domestic market too. MCX Crude open with a strong decline. However, because of confusion in rising interest rates in US, the bullion is trading sluggish. On the other hand in Base Metals is trading down due to prospect of fall in demand from China. In Agri commodities mustard, refined grains are looking weak for today.
MCX Gold October futures is trading with a downtrend of 0.07 percent at Rs 26642 per ten grams. While silver prices also slipped 0.27 percent and has come to Rs 34284 per kg. Crude oil is trading at 2963 by losing 1.40 per cent today. Base metals also fell by 0.25 to 0.60 percent.

Market Eyes on Fed meeting

All eyes are on The US central bank Federal Reserve's meeting on September 16 and 17. Indeed, this meeting may indicate an increase in US interest rates. If interest rates rise then major currency will see a sharply bull trend against the dollar index and also it will have a negative impact on commodity prices.

MCX Commodity Intraday Calls For Today

MCX Gold October futures Buy between 26480 to 26530 level to get the intraday target of 26750 and 26780 also put a stoploss at 26350
MCX Nickel September futures Buy at a price range of 658-660 with a stop loss at 648 and set an intraday target of 675 and 680 level
MCX Crude oil September futures Buy Intraday at 2920 level for the target of 3020 and 3120 level with a stoploss at 2850 level.

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Monday, July 13, 2015

Currency Updates and FOREX Tips For Today: 13th July

The rupee opened at 63.54, with the weakness of 8 paise. rupee weakness has occurred with the introduction. Indian rupee against the dollar, with the weakness of 8 paise at 63.54 is open. Tuesday rupee had closed at 63.46. 

Beginning of rupees: Rupee against the dollar, Rs. 63.54 against Rs 63.46 per dollar open. Euro Crisis is ready. According to Merrill Lynch ✍bank America Greece crisis has a direct impact on the rupee. Rate hikes by the Federal Reserve will have an impact on the rupee. HDFC Bank to join the emerging economy by the Federal Reserve rate hikes may have a bearing on the rupee. Although its performance would be better than the other currencies which have more than Rs Overvalued.
According to HDFC, Thailand, Indonesia's currency are worth far more than Overvalued. It is also certain that the record high foreign exchange reserves due to Reserve Bank will not be more difficult to handle the money. Bank of America is estimated at Rs 65 below the level of the Reserve Bank to keep the sale of $ 15 billion could make. According to the expert steps taken by the government to reduce the deficit and inflation stability are better than even odds. Direct effect of Greece, the Fed also possible relief experts are assuming that the international signal in the future may also be in favor of the rupee.

According to experts expect Greece to resolve the crisis remains. While crude oil prices are also signs of stability. To recent data, the US economy is expected to experts, given that the Federal Reserve will take a decision soon on rate hikes. According to IDBI Federal Reserve to hike up to the end of the year could choose.
According to him, the effect of winter in the US remains to be seen. The production is significantly affected by severe cold, In the US for some time has been badly affected by snow storms. Experts are assuming that the Fed is currently awaiting a few more quarters. Euro close to the actual price. Experts believe that the rupee-dollar price close to your right and it's not much Overvalued. 
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