Blog for Stock tips, Equity tips, Commodity tips, Forex tips: Sharetipsinfo.com

Want to beat the stock market volatility? Just keep on reading this exclusive blog by Sharetipsinfo which will cover topics related to stock market, share trading, Indian stock market, commodity trading, equity trading, future and options trading, options trading, nse, bse, mcx, forex and stock tips. Indian stock market traders can get share tips covering cash tips, future tips, commodity tips, nifty tips and option trading tips and forex international traders can get forex signals covering currency signals, shares signals, indices signals and commodity signals.

  UseFul Links:: Stock Market Tips Home | Services | Free Stock / Commodity Trial | Contact Us

Will I get rich from Forex? Definitely! Are you ready to learn?

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

www.ShareTipsInfo.com

Get SURE FOREX SIGNALS FOR SURE PROFIT. Monthly 2500+ PIPS PROFIT ASSURED


Forex trading is the undoubtedly the most prospective investment medium. With more than USD 5 trillion turnover every day, it is the largest financial market in the world. Though the currency market is more stable than any other financial market like the stock market, the movement of the currencies for a few points can end up giving you huge returns. This is simply because of high leverage of Forex trading and nil transaction cost. Moreover, Forex trading offers you highest form of liquidity that is not possible in any other investment in the World. So while converting your profit to cash, you do not loose any money as transaction cost.


 


All said and done, but you can not miss the fact that the Forex market is the most risky investment as well. In fact according to the analysis of the Forex brokers large number of investors experience loss at the Forex market for so many different reasons. So if you want to ensure that you make good and consistent profit at the stock market, you have to learn the tricks of the trade. You must have a comprehensive knowledge of Forex trading. Here we are presenting an overview of the Forex trading that will help you to learn the methods of Forex market trading.

 

One of the striking features of the Forex market is its geographic disparity. As the Forex trading is operated from almost all the significant financial capitals of the world, the Global Forex market is open round the clock and day and night except the weekends. So it is the time zone difference that lets you trade at any time of the day and night. You must be wondering then how to keep watch on the Forex trading through all these long trading hours. The most effective solution for this is the automated Forex trading systems. These are computer software also known as the Forex robots that can keep watch on the global Forex market and also execute the trades on your behalf as per the pre conditions that are set by you. In fact these systems are capable of the saving your investment by selling and closing the position when the market trend is on the reverse. The first thing that you need to learn for Forex trading is to use the automated system and take maximum advantage of these specifically designed software for Forex trading.

 

The next thing that you need to learn in Forex trading is how to read the Forex quotes. In Forex trading the trades are done by buying or selling one currency with another currency. That means Forex trading is done on a pair of currency. One of the currency is the pair is said to be the base currency and the other is the trade currency. For trading the trade currency is used for buying or selling the base currency on which the profit and loss is determined. In the Forex quote the base currency is always considered as one unit and the price of that one unit of base currency is mentioned in respect of the trade currency. For example if you are trading for Euro and USD where Euro is the base currency. The quote will be presented like EURUSD = 1.0538, where you will get 1 Euro for 1.0538 USD. (All Figures are just an example)

 

Like any other financial market the key for success at the Forex market is to buy one currency at a lower rate and selling the currency at a higher rate. You can also do short selling of the currency. That means you can sell a currency at a higher rate and then buy the currency to close the position at lower rate. But this is a simple equation of Forex trading and the trickiest part of the trading is to identify the trend of the market and to rightly speculate when a certain currency will go up in the market. For that you have to learn the methods of fundamental and technical analysis that are used to speculate the trend of the Forex market and movement of individual currencies.

 

These are some of the vital aspects of Forex trading and once you have an in depth understanding of the Forex trading, surely you can expect to get rich from Forex trading.

US stocks see profit booking as indices reach overbought levels with Dow Jones seeing 21000 as proverbial high.

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

www.ShareTipsInfo.com

 

Indian Indices: Asian markets were trading in the red as profit booking overnight in the US. While, other emerging markets also saw indices succumb to stronger US Dollar and rising bond yields. The rally in the US may have reached the proverbial peak with 21000 on the Dow Jones being a huge tipping point in the near term. US Dollar strength will weigh on emerging markets as institutional investors book profit against currency weakness in these markets.


Nifty also saw huge reversal as nervous nineties played out perfectly with the mid-cap stocks leading the fall. Profit booking close to 9000 was on the cards as local mutual funds sold to take advantage of the superb near term rally in indices and stocks. For today expect initial profit booking to continue, however, second half index buying by foreign investors will arrest any further fall as foreign flows continue to be strong buyers. 


The BSE Sensex is currently trading at 28792.65, down by 47.14 points or 0.16% after trading in a range of 28736.10 and 28847.97. There were 16 stocks advancing against 14 stocks declining on the index. The broader indices were trading mixed; the BSE Mid cap index was down by 0.03%, while Small cap index was up by 0.13%. The CNX Nifty is currently trading at 8882.40, down by 17.35 points or 0.19% after trading in a range of 8862.45 and 8898.50. There were 25 stocks advancing against 26 stocks declining on the index.

 

MARKET INDICATORS

·           

 

Group ATopGainers

 

 

Company

Price (Rs)

% chg

Hathway

37.80

5.15

Infratel

301.75

4.09

Escorts

476.00

3.84

GSPL

162.60

3.80

Group ATopLosers

 

 

Apollohosp

1248.00

-5.16

Amtekauto

36.50

-3.05

Raymond

589.00

-3.05

NCC

78.95

-2.53

INDEX PERFORMANCE

 

 

Indices

Support

Resistanes

Sensex

28700

29060

Nifty

8855

8960

 

 

Technical view: Nifty will see 8830-8850 act as support while 8930 will act as first resistance. Bank Nifty has been the weaker of the 2 and sees support closer to 20450, which should hold while 20750 will act as resistance on the upside.


 

 

Trading ideas :TVS Motors (Buy above Rs 427, for Target of Rs 440, SL at Rs 420.5): The stock is trading in a constant higher top higher bottom cycle. The momentum indicator RSI has formed positive reversal at 60, which indicates bullish bias to the up move. It is also sustaining above the rising trend line support zone.


Derivative Snippets: In the last trading session, markets witnessed a wild swing in the final hour of trade. Bank Nifty was among the biggest loser as short selling of OTM March 02, 2017 weekly expiry call options and long unwinding of future contracts weighed in.

Nifty managed to hold the 8900 mark as 8900 put strike added fresh long position with the rise in open interest to the tune of ~1.82 lakh contracts. Substantial trading below 8900 may lead to a further downfall up to the support zone of 8800.

FIIs were net buyers in cash market segment to the tune of Rs ~123 crore. FII’s index future long/short ratio at 5.4x vs 4.5x.


 

Nifty Movers:  The top gainers on Nifty were BhartiInfratel up by 4.16%, Reliance Industries up by 2.32%, Hindalco up by 2.01%, Tata Power up by 1.79% and Grasim Industries up by 1.76%. On the flip side, Bosch down by 2.15%, HDFC down by 1.53%, ITC down by 1.53%, Asian Paints down by 1.38% and IndusInd Bank down by 1.16% were the top losers.

Top Sectoral& Stock Screening:  The top gaining sectoral indices on the BSE were Telecom up by 1.28%, Energy up by 1.09%, Realty up by 0.73%, Utilities up by 0.70% and Oil & Gas up by 0.54%, while FMCG down by 0.76%, IT down by 0.40%, Bankex down by 0.31%, Capital Goods down by 0.22% and Auto down by 0.20% were the losing indices on BSE.

 

 

 

On the global front:On the global front, Asian shares were trading in red, as traders become increasingly confident the Federal Reserve will hike interest rates this month. Japan’s core consumer prices rose for the first time in over a year in January due to a pickup in energy costs and private consumption, offering some hope for the central bank's efforts in accelerating inflation to its 2 percent target.

Global Signals: Asian Paints down by 1.38% and IndusInd Bank down by 1.16% were the top losers.The Asian markets were trading in red; Hang Seng decreased 164.98 points or 0.7% to 23,563.09, Nikkei 225 decreased 130.53 points or 0.67% to 19,434.27, Taiwan Weighted decreased 40.28 points or 0.42% to 9,651.52, KOSPI Index decreased 25.46 points or 1.21% to 2,077.19, Shanghai Composite decreased 13.87 points or 0.43% to 3,216.15, Jakarta Composite decreased 11.87 points or 0.22% to 5,396.38 and FTSE Bursa Malaysia KLCI decreased 7.08 points or 0.41% to 1,708.59.

 



Market extends losses, Nifty below 8900, Sensex down 180 pts

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

www.ShareTipsInfo.com

Indian Indices: Amid firm global cues, Indian equity benchmarks maintained their early gains in late afternoon session on account of better-than-expected GDP data for the third quarter of current fiscal. Domestic sentiments were buoyed as Nikkei India Manufacturing Purchasing Managers’ Index rose to 50.7 in February from 50.4 in January. Sentiments also got some support with Economic Affairs Secretary ShaktikantaDas’ statement that the positive effects of demonetisation will be visible from April and the completion of remonetisation process will drive consumption going forward. 

However, upper side remained capped with a report that the Centre’s fiscal and revenue deficits between April and January exceeded the Budget target for 2016-17. The fiscal deficit shot up to 5,64,192crore, amounting to 105.7 per cent of the Budget estimate, between April 2016 and January 2017.

The BSE Sensex is currently closed at 28,839.79, down by -144.70 points or -0.50% after trading in a range of 28984.07 and 29145.62. There were 15 stocks advancing against 14 stocks declining on the index, while 1 stock remained unchanged.The broader indices were trading in red; the BSE Mid cap index was down by 0.70%, while Small cap index was down by 0.72%.

The CNX Nifty is currently shutdown at 8899.75, down by 46.05 points or 0.51% after trading in a range of 8898.60 and 8950.25. There were 29 stocks advancing against 22 stocks declining on the index.

MARKET INDICATORS

·           

 

Top Movers (Group A)

 

 

Company

Cmp

% chg

Gainers

 

 

Nationalum

75.70

5.87

Aplltd

606.00

5.74

Jublfood

1036.00

3.27

Havells

420.30

2.56

Losers

 

 

DLF

141.10

-8.11

Biocon

1033.85

-7.35

JPAssociat

14.95

-6.56

Network18

37.15

-5.83

INDEX PERFORMANCE

 

 

Index

Close

% Chg

Sensex

28,839.79

-0.50

Nifty

8,899.75

-0.51

 

Crporate Front: Global credit rating agency Moody's Investors Service on Thursday said the performance of Indian auto-backed securities (ABS) is not expected to deteriorate post March 2017.In a statement, Moody's said after worsening immediately after demonetisation last November the performance of rated Indian ABS levelled off in January 2017.


 

Macroeconomic front: Moody's Investors Service, the world’s leading rating agency, has said the performance of rated Indian auto asset backed securities (ABS) leveled off in January 2017 after worsening immediately after demonetization. The agency expects auto ABS performance to not deteriorate beyond March 2017, as the economy recovers, and oil prices remain range-bound and budget policy initiatives provide support. Signs of stabilization appeared in January 2017, with collection efficiency rising half a percentage point to 93 per cent from December 2016.

 

On the global front:

On global front, European markets were trading mixed as investors took a breather after a strong rally on Wall Street and focused on earnings and political instability. Asian markets were trading in green tracking the strong gains overnight on Wall Street after U.S. President Donald Trump's address to a joint session of Congress. Back home, in scrip specific development, BL Kashyap& Sons traded higher after the company secured new orders worth approximately Rs 431 crore.


Commodity Updates:

Commodity Prices (MCX):

Commodity

Rs

% Chang

Gold

29358.00

-0.24

Silver

43350.00

-0.13

Crude oil

3573.00

-0.86

Natural Gas

187.10

0.54

Alluminium

129.50

-0.27

Copper

403.30

-0.16

Top Sectoral& Stock Screening:The top gaining sectoral indices on the BSE were Auto up by 0.82%, Industrials up by 0.45%, Capital Goods up by 0.40%, Metal up by 0.18% and IT up by 0.11%, while Realty down by 2.88%, Telecom down by 1.41%, Healthcare down by 0.93%, Utilities down by 0.89% and Power down by 0.88% were the top losing indices on BSE.

Top Nifty Movers:The top gainers on Nifty were Tata Motors up by 3.22%, Tata Motors - DVR up by 3.19%, Ultratech Cement up by 2.81%, Bajaj Auto up by 2.13% and Hero MotoCorp up by 1.97%. On the flip side, Idea Cellular down by 2.74%, BPCL down by 2.36%, Sun Pharma down by 2.34%, BhartiAirtel down by 1.96% and Yes Bank down by 1.51% were the top losers.

 

Global Signals:

Asian markets were trading mostly in green; KOSPI Index increased 11.01 points or 0.53% to 2,102.65, Taiwan Weighted increased 17.02 points or 0.18% to 9,691.80, FTSE Bursa Malaysia KLCI increased 18.47 points or 1.09% to 1,716.16, Jakarta Composite increased 57.03 points or 1.06% to 5,420.09 and Nikkei 225 increased 171.26 points or 0.88% to 19,564.80. On the flip side, Hang Seng decreased 48.42 points or 0.2% to 23,728.07 and Shanghai Composite decreased 16.9 points or 0.52% to 3,230.03.

European Markets were trading mixed; France’s CAC increased 1.71 points or 0.03% to 4,962.54 and UK’s FTSE 100 increased 6.7 points or 0.09% to 7,389.60. On the flip side, Germany’s DAX decreased 17.85 points or 0.15% to 12,049.34.

 

Margin-to-equity Ratio in Stock Market

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

www.ShareTipsInfo.com

Margin-to-equity ratio in stock market;  Now the fact also should be brought into contemplation that you try to find specialized assessment about hours of daylight trade; you will get your hands on negative observations more readily than consoling psychiatric therapy. All the same the high-quality inference does make understandable perfect in case of spontaneous purchasing conclusions. To get ahead of through the verge into sensible day buy and sell in the market of any place in the world, it is to a great extent obligatory that you are outfitted with the full familiarity of the turf above and not here from in proof of payment of rationalized with the up to date market shifts so that you prefer at least probable stocks. Basically then can day businesses verify sensible. Given the simple and straightforward pre condition that you are in a profession in a place that is poles apart and are not capable to scrutinize the trading area significantly improved, it is meaningful that you should not decide on day businesses. There are new businesses opportunities as well in the share market everywhere, which do not call for necessitating you around the clock scrutiny.

 

 

What is the Margin-to-equity Ratio in Stock Market?

You will have the same opinion that the stock market will prove to be immensely encouraging for a wee number of investors in spite of the actuality that for others it maybe will not be the acceptable course of action. There are cases in point of a lot of investors who have become penniless. 'A little knowledge is a dangerous thing' is a very common and vastly true wise saying. Putting on next to nothing information and gambling into the stock market perceiving others producing immense wealth in all earthly probability will provide evidence of being hazardous for you. You could bring to an end bringing up the rear to your richly deserved wealth and habitual failures will very soon persuade you to make your way out from the online stock market panorama. Engineering and acquiring awareness by putting money in will certainly spin the bazaar in your support - a currency making podium.

 

Design your ambitions

You must also come on familiar terms with the basic necessity that you have got to design your ambitions and audition the diverse spending options in the bazaar. At first straighten out on petite investments with the intention that even though you put on or incur fatalities, you will in next to no time gain knowledge of the ins and outs of the deal. Just the once you are contented, you can settle on volume funds. You in all probability will decide on each and every one of the three dealing preferences, namely day business, interim trading and enduring investment. At one fell swoop proviso your foundation of source of revenue is exclusively the stock market; you will be able to broaden the horizons of your venture ambitions to a larger extent, for instance speculation in mutual funds, money futures, and accompanying venture goods. You can accordingly keep up equilibrium of your ventures and failures given the simple and straight forward pre condition that a few will by a nose cause inconvenience to you. Seeking singular venture alternatives will further more accede to you knowing which one goes well with you the most excellent and you can in that case put in money in volume in the understood opportunity.

 

Acts as our primary source of income

We see that the stock market provides us with a good opportunity to make a lot of money and use the stock market as our primary source of income. There are in addition the Margin-to-equity Ratios yet the fact also should be brought into consideration that Margin-to-equity Ratios are everywhere, in every trade. So what you need to do before you decide to use the stock market as your solitary or primary source of income is to gain sufficient first hand experience of the market. Put in money in small amounts – never go high-volume at the first shot. People on the odd occasion succeed that way. Just the once you have earned a suitable level of experience, you can take the jump – Yet the fact also should be brought into thoughtfulness that still with watchfulness. So now we have understood the ways of the stock market. We can therefore safely state that with all its pros and cons, we have assisted you in margin-to-equity ratio in stock market.

Dow Jones crosses 21000 as rate hike chances brighten with US Dollar gaining strength.

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

www.ShareTipsInfo.com

Indian Indices: Asian markets were trading in the green taking cues from the overnight 300 plus point rally on the Dow Jones. The consensus now has built in the chances of a rate hike by the Fed in March, which saw yields harden and the US Dollar strengthen. Globally, the outperformance of equities continues with ETF funds seeing huge inflows.


Nifty bounced back in style to capture 8900 with ease and close near 8950. The stronger than expected GDP data and return of foreign flows will see Nifty touch 9000 today as global cues join the bull market chorus. For today, expect mid-cap gains to continue with the mid-cap index hitting all time highs. Metals, Pharma and Consumption could continue to lead the gainers while Energy and Telecoms see profit booking @ higher levels.


The BSE Sensex is currently trading at 29107.29, up by 122.80 points or 0.42% after trading in a range of 29062.07 and 29133.44. There were 24 stocks advancing against 6 stocks declining on the index.The broader indices were trading in green; the BSE Mid cap index was up by 0.42%, while Small cap index was up by 0.46%.

The CNX Nifty is currently trading at 8981.60, up by 35.80 points or 0.40% after trading in a range of 8969.80 and 8992.50. There were 39 stocks advancing against 12 stocks declining on the index.

MARKET INDICATORS

·           

 

Group ATopGainers

 

 

Company

Price (Rs)

% chg

GMR Infra

16.90

7.30

Jublfood

1074.60

7.12

Nationalum

75.30

5.31

Balkrisind

1377.80

5.23

Group ATopLosers

 

 

Sobha

323.25

-4.04

DLF

148.80

-3.09

Raymond

620.15

-3.01

Hexaware

221.95

-1.99

Market Statistics

 

 

 

BSE

NSE

Advances

1357

930

Declines

1054

542

 

 

Technical view: Nifty finds strong support @ 8920 while 9000 will be the first resistance on the upside while Bank Nifty also finds strong support around 20500 where it will face resistance around 21000.


INDEX PERFORMANCE

 

 

Indices

Support

Resistanes

Sensex

28860

29270

Nifty

8999

9030

 

Trading ideas :McleodRussel (Buy above Rs 176, for Target of Rs 183, SL at Rs 172.5): The stock was stuck in a narrow trading band for the past 3 weeks oscillating between Rs 173-166. Finally, Mcleod has broken out from a Flag pattern accompanied with increase in volumes. Projections indicate potential target for stock up to Rs 183 in the near term. Other momentum oscillators indicate that the current momentum is here to stay.

Derivative Snippets: Nifty Metal and Realty index shimmered as the markets restarted its upward trend after 2 days of minor correction. Nifty ATM/ITM put strikes witnessed short selling as the highest open interest put base shifted from 8500 to 8800 strike.

FIIs were net sellers in cash market segment to the tune of Rs 198 crore.


FII’s index future long/short ratio at 4.5x in contrast to 0.46x for the Retail clients.

Nifty Movers:  The top gainers on Nifty were Tata Motors up by 3.50%, Tata Motors - DVR up by 2.88%, Ultratech Cement up by 2.84%, Ambuja Cement up by 1.59% and Hindalco up by 1.53%.

On the flip side, Sun Pharma down by 1.29%, BPCL down by 1.21%, Dr. Reddy’s Lab down by 1.00%, Idea Cellular down by 0.93% and NTPC down by 0.78% were the top losers.

Top Sectoral& Stock Screening:  The top gaining sectoral indices on the BSE were Auto up by 1.24%, Industrials up by 1.18%, Metal up by 0.95%, Basic Materials up by 0.91% and Consumer Durables up by 0.81%, while Realty down by 0.71% and Healthcare down by 0.14% were the losers on BSE.

 

 

On the global front:On the global front, Asian shares were trading mostly in green, as investors were encouraged by President Donald Trump’s measured tone in his first speech to Congress, which sent Wall Street stocks sharply higher. China’s newly appointed banking regulator vowed to strengthen supervision of the lending sector, underscoring Beijing’s determination to fend off financial risks and push forward with reforms this year.

Global Signals: The Asian markets were trading mostly in green; KOSPI Index increased 12.49 points or 0.6% to 2,104.13, FTSE Bursa Malaysia KLCI increased 14.53 points or 0.86% to 1,712.22, Jakarta Composite increased 52.77 points or 0.98% to 5,415.83, Hang Seng increased 96.15 points or 0.4% to 23,872.64 and Nikkei 225 increased 191.63 points or 0.99% to 19,585.17.

On the other hand, Taiwan Weighted decreased 4.05 points or 0.04% to 9,670.73 and Shanghai Composite decreased 0.28 points or 0.01% to 3,246.65.

 

Can Indians trade in International forex market?

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

www.ShareTipsInfo.com

Get 90% Accurate Live FOREX TRADING SIGNALS FOR 2500 Plus PIPS PROFIT IN A MONTH


Currency trading is a very enticing sector for each and every investor. Everyone can easily see loads and loads of alluring advertisements which are circulated in the various online platforms, television channels and business publications which vividly explain the huge amount of wealth which is present in this market. Currency trading is deemed as a steadily profitable investment by experts in comparison to the investment which deal with buying and selling stock options.


For small traders currency trading which is also known as forex trading is a potential death trap. People are often drawn into it by clever marketers who offer very enticing baits but once trapped these investors are caught in a vicious loss making trade cycle. The promises are never fulfilled and they never receive any profits. Due to all these reasons investors most often conclude that the currency trading market is a scam for all the investors.Here we discuss some of the facts about the forex markets and in doing so bust some common myths about the market –

·                     It is one of the easiest ways to make money – It is well known fact that money in reality does not grow on any tree. The Forex market is definitely not for those who want to become rich overnight. But this does not mean money is not made easily in the forex market. Lots of investors from various countries have been able to make a huge living out of the currency market by generating steady profits. Thus if one is careful and takes all the correct decisions he can easily make money from the forex market.

 

·                     Forex market gives huge returns without giving any sort of effort – There is a hard and fast rule regarding all the different types of investment which are made in h market in general. Investors who enter the market without any knowledge and understanding of the financial markets tend to fail in all their efforts to gain profits. For making profits each investor should try to gain a proper learning about the market of the trading of currencies. Thus forex trading can never lead to guaranteed profits without any knowledge of the business.

 

·                     Those brokers are the best who provide maximum leverage on the investor’s margin – Leverage in terms of financial trading signifies the use of the several financial instruments like the profit margin, which can cause an increase in the return from any investment. In simple terms it symbolizes that when an investor uses leverage from any broker, it means that the investor is using borrowed funds and not owned funds. In the forex business the more amounts of borrowed funds you use the less is the probability of profit margins.Thus to remain in the business one should always try and maintain the investments with the lowest amount of leverage or better still no leverage.

 

 

·                     RBI has provisions for forex investments with foreign brokers – In the modern times large number of brokers and investment websites claim that they provide the best and highest profit margins in money investment in the forex market. But all such claims are false and should be careful about all these websites as well as trading portals. RBI has clearly stated in its recent circular which is numbered as No. 53 which was dated on April 7th, 2011 as well as the circular No. 46 which was dated on September 17th, 2013 that any sort of international forex trading which done by using any portals which are present online and done with respect to the margin payments which are done by the customers for the purpose of forex trading done directly or Indirectly by the use of their credit cards or even net banking is strictly banned for all Indian residents. According to the Foreign Exchange Management Act of 1999 it is a punishable offence to transfer money to an account used for Forex trading.

But this does not signify that Indian individuals cannot invest in the various currency markets which are present across the world. Through various exchanges which are present in India like the Metropolitan Stock Exchange,Bombay Stock Exchange and also the National Stock Exchange one can easily get the opportunity to invest in the currency market. Also there is a varied list of all the registered brokers which are capable to deal with the currency market and they are all registered under the Securities and Exchange Board of India and present on its website.

US Dollar gains strength as rate hike chances bolster bond yields as equities correct after stellar rally

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

www.ShareTipsInfo.com

Indian Indices: Asian markets opened mixed with the Japanese 'Yen" weakness seeing gains in the stock indices while other markets opened flat. The US Dow Jones index corrected marginally after a long streak of 12 consecutive sessions of gains as the US Dollar gained strength on the back of growing expectation of a March rate hike by the Federal Reserve.


Nifty succumbed to profit booking and closed below the 8900 level as energy stocks dragged the index lower. GDP data released after market hours showed better than expected growth @ 7%, which belied any slow down after the 'demonetization' exercise in November. For today expect market consolidation and an attempt @ 8930 as positive data will see a renewed bout of buying by foreign investors. 


The BSE Sensex is currently trading at 28958.02, up by 214.70 points or 0.75% after trading in a range of 28824.17 and 29001.35. There were 25 stocks advancing against 5 stocks declining on the index.The broader indices were trading in green; the BSE Mid cap index was up by 0.26%, while Small cap index was up by 0.67%.

The CNX Nifty is currently trading at 8934.95, up by 55.35 points or 0.62% after trading in a range of 8898.60 and 8950.25. There were 38 stocks advancing against 13 stocks declining on the index.

MARKET INDICATORS

·           

 

Group ATopGainers

 

 

Company

Price (Rs)

% chg

Sobha

339.00

16.68

Intellect

120.25

7.75

Unitech

6.43

7.17

Adanitrains

64.70

4.44

Group ATopLosers

 

 

BPCL

657.80

-1.76

Piind

837.10

-1.29

MFSL

557.50

-1.21

Bhartfin

832.90

-1.35

Market Statistics

 

 

 

BSE

NSE

Advances

1357

1068

Declines

1054

393

 

 

Technical view: Nifty finds support @ 8850 while 8930 will act as first resistance on the upside. Bank Nifty will see a support closer to 20500 while 20800 will act as a resistance on the upside.


INDEX PERFORMANCE

 

 

Indices

Support

Resistanes

Sensex

28685

28935

Nifty

8860

8935

 

Trading ideas : HEROMOTOCO March Future (Sell below Rs 3140 for Target of Rs 3050, SL at Rs 3180): Stock has formed a classic bearish evening star pattern on the daily charts after it took resistance at its 200-DMA (3212), which also coincides with 61.8% retracement of ongoing downside move. The hourly charts too gave a breakdown from a rising trendline confirming our negative stance. We advise to SELL HEROMOTOCO March Future below Rs 3140, Stop Loss at Rs 3180, and Target of Rs 3050.

Derivative Snippets: In the last trading session, markets closed on a negative note. Minor hint of put buying was visible in Nifty ATM/OTM put strikes.

Short selling was witnessed in the weekly Bank Nifty 20500PE and 21000CE strikes, indicating of a rangebound trading activity going forward.


FIIs were net buyers in cash market segment to the tune of Rs 1146 crore. FII’s index future long/short ratio at 4.7x in contrast to 0.46x for the Retail clients.


Nifty Movers: The top gainers on Nifty were Axis Bank up by 2.43%, Dr. Reddy’s Lab up by 2.06%, HDFC up by 1.69%, Sun Pharma up by 1.66% and Hero MotoCorp up by 1.48%.

On the flip side, BPCL down by 1.57%, Tata Motors down by 1.16%, Ultratech Cement down by 1.10%, Idea Cellular down by 0.99% and BHEL down by 0.95% were the top losers.

Top Sectoral& Stock Screening:  The top gaining sectoral indices on the BSE were Realty up by 1.84%, Healthcare up by 1.05%, Bankex up by 0.98%, IT up by 0.81% and FMCG up by 0.66%, while Oil & Gas down by 0.70%, Energy down by 0.33% and Telecom down by 0.17% were the losers on BSE.

 

 

On the global front: On the global front, Asian shares were trading mostly in green, while Japanese stocks recovered from intraday lows after US President Donald Trump’s speech to Congress offered few details or surprises on tax and spending policies. China’s factory activity expanded for the eighth straight month in February as export orders picked up, a private survey showed, giving authorities more room to tackle financial risks in the economy as debt continues to rise.

Global Signals:The Asian markets were trading mostly in green; FTSE Bursa Malaysia KLCI increased 3.6 points or 0.21% to 1,697.37, Shanghai Composite increased 13.88 points or 0.43% to 3,255.61, Hang Seng increased 56.25 points or 0.24% to 23,796.98 and Nikkei 225 increased 266.14 points or 1.39% to 19,385.13.

On the other hand, Taiwan Weighted decreased 58.52 points or 0.6% to 9,691.95 and Jakarta Composite decreased 17.8 points or 0.33% to 5,368.89.South Korea stock exchange was closed on account of ‘Independence Movement Day’ holiday.

 

Market off day’s low; Nifty hovers near 8900; Asian Pains up 2%

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

www.ShareTipsInfo.com

Indian Indices: Indian equity indices trimmed some of their losses but continued to trade below neutral line as investors took a pause ahead of key economic growth and fiscal deficit data due later in the day amid firm global cues. Markets pared its losses led by Realty, Telecom and Basic Materials stocks. 

However, the sell-off continued in Oil & Gas, Energy and PSU stocks. Investors took note of OECD report that cut India's growth forecast to 7% for 2016-17 in view of demonetisation from its earlier forecast of 7.4%, but said the pace will accelerate to 7.3% in the next fiscal 7.7% in 2018-19. It also said that India has been a star performer in gloomy times. Furthermore, sentiments remained subdued with India Ratings and Research’s (Ind-Ra’s) estimates that aggregate fiscal deficit of Indian states will increase marginally to 3.3% of gross domestic product (GDP) in FY18 from its forecast of 3.2% for FY17. It expects states’ debt/GDP ratio may increase marginally to 24.3% in FY’18 from 24% forecasted for FY17.

The BSE Sensex is currently trading at 28795.43, down by 17.45 points or 0.06% after trading in a range of 28729.52 and 28876.54. There were 15 stocks advancing against 15 stocks declining on the index. The broader indices were trading mixed; the BSE Mid cap index was down by 0.05%, while Small cap index was up by 0.54%.

The CNX Nifty is currently trading at 8883.60, down by 13.10 points or 0.15% after trading in a range of 8867.60 and 8914.75. There were 24 stocks advancing against 27 stocks declining on the index.

MARKET INDICATORS

·           

 

Top Movers (Group A)

 

 

Company

Cmp

% chg

Gainers

 

 

KTKBank

137.70

6.83

KSCL

495.60

6.43

RCOM

38.90

5.99

BHEL

162.00

5.88

Losers

 

 

Hindpetro

537.80

-3.91

Edelweiss

136.90

-3.69

BPCL

669.60

-2.75

Oberoirlty

321.25

-2.61

INDEX PERFORMANCE

 

 

Index

Close

% Chg

Sensex

28,812.88

-0.28

Nifty

8,896.70

-0.48

 

Crporate Front: Branches of public banks remained either closed or non-operational today as staffers and officers went ahead with their day-long strike pressing for various demands, including accountability of top executives in the wake of mounting bad loans. Services like cash deposits and withdrawal from branches and cheque clearances have been hit hard by the strike, which has been called under the aegis of the United Forum of Bank Unions (UFBU).


 

Macroeconomic front: The Goods and Services Tax (GST) will be implemented from July 1 as all states have agreed on the implementation date, Economic Affairs Secretary Shaktikanta Das said on Tuesday."GST should be implemented by July 1. All states have agreed (on the date)," Das told reporters here.

 

On the global front:

On global front, European markets were trading in green as investors geared up for fiscal stimulus and infrastructure spending announcements from U.S. President Donald Trump during his speech before Congress later today. Asian markets were trading in green, even as gains remain capped ahead of Trump's speech and the annual meetings of China's top legislature and top political advisory body.


Commodity Updates:

Commodity Prices (MCX):

Commodity

Rs

% Chang

Gold

29518.00

-0.65

Silver

43134.00

-0.67

Crude oil

3607.00

-0.44

Natural Gas

179.20

-0.28

Alluminium

126.75

-0.12

Copper

397.25

-0.29

 

Top Sectoral& Stock Screening:The top gaining sectoral indices on the BSE were Realty up by 1.21%, Telecom up by 0.74%, Basic Materials up by 0.36%, Metal up by 0.34% and Capital Goods up by 0.21%, while Oil & Gas down by 1.33%, Energy down by 0.85%, PSU down by 0.44%, Auto down by 0.16% and IT down by 0.16% were the top losing indices on BSE.

Top Nifty Movers:The top gainers on Nifty were Hindalco up by 1.80%, Asian Paints up by 1.52%, BhartiAirtel up by 1.50%, Mahindra & Mahindra up by 1.41% and Yes Bank up by 1.09%. On the flip side, BPCL down by 5.20%, Coal India down by 2.62%, Grasim Industries down by 2.18%, Idea Cellular down by 2.01% and Bosch down by 1.76% were the top losers.

 

Global Signals:

Asian markets were trading mostly in green; FTSE Bursa Malaysia KLCI increased 1.44 points or 0.09% to 1,695.28, KOSPI Index increased 6.12 points or 0.29% to 2,091.64, Jakarta Composite increased 11.16 points or 0.21% to 5,394.04, Nikkei 225 increased 11.52 points or 0.06% to 19,118.99 and Shanghai Composite increased 13.07 points or 0.4% to 3,241.73. On the flip side, Hang Seng decreased 184.32 points or 0.77% to 23,740.73.

All European markets were trading in green; UK’s FTSE 100 increased 4 points or 0.06% to 7,257.00, Germany’s DAX increased 5.31 points or 0.04% to 11,827.98 and France’s CAC increased 6.73 points or 0.14% to 4,851.91.

 

 

Dow Jones rises for 12th consecutive session as oil rises & US Dollar sees strength ahead of President Trump's speech to Congress today.

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

www.ShareTipsInfo.com

Indian Indices: Asian stocks saw a rebound on opening bell with the Japanese 'Nikkei" index leading the gains as the Yen weakness saw gains for export related stocks. With oil prices also rising in tandem the global equity rally is seeing commodities lead from the front as 'risk on' trade gathers momentum.


Nifty hit a minor roadblock yesterday with a drift below 8900 as profit booking in banks and financial stocks led the index lower. Reliance continues to lead from the front as new highs incite fresh bouts of buying both technically and fundamentally. For today expect Energy, IT and Pharma stocks to lead the gainers while Banks, Infra and Auto's see profit booking on rallies.  


The BSE Sensex is currently trading at 28834.45, up by 21.57 points or 0.07% after trading in a range of 28797.21 and 28876.54. There were 18 stocks advancing against 12 stocks declining on the index. The broader indices were trading in green; the BSE Mid cap index was up by 0.13%, while Small cap index was up by 0.42%.

The CNX Nifty is currently trading at 8899.65, up by 2.95 points or 0.03% after trading in a range of 8891.65 and 8914.75. There were 29 stocks advancing against 22 stocks declining on the index.

MARKET INDICATORS

·           

 

Group ATopGainers

 

 

Company

Price (Rs)

% chg

Sparc

336.90

5.28

Orientbank

126.20

3.27

KTKBank

133.15

3.30

Adanient

98.85

3.02

Group ATopLosers

 

 

Hindpetro

538.25

-3.83

Idea

111.40

-2.79

CoalIndia

322.95

-2.14

PVR

1255.50

-1.55

Market Statistics

 

 

 

BSE

NSE

Advances

1357

912

Declines

1054

548

 

Technical view: Nifty finds support around yesterday's low @ 8888 and finds resistance around 8930, any break either side on closing basis will trigger further movement while Bank Nifty broke important support around 20600, which will see any close below 20536 trigger further downside with 20750 acting as strong resistance on the upside.


INDEX PERFORMANCE

 

 

Indices

Support

Resistanes

Sensex

28750

29050

Nifty

8870

8975

 

Trading ideas : Jet Airways (Buy above Rs 445.5, for Target of Rs 462, SL at Rs 436): On the weekly charts, Jet Airways took rising trendline support and has been moving up swiftly. Also, stock has broken out from a classic cup and handle pattern on the daily charts. The breakout is accompanied by higher than average volume build up in past few days. In addition, other momentum oscillators also indicate strength in the current upmove. We advise to Buy JETAIRWAYS above Rs 445.5, Stop Loss at Rs 436 and Target of Rs 462.

Derivative Snippets: Markets finally took a breather as the banking stocks led the fall. Nifty ATM/OTM put strikes added fresh long positions, while the ATM/OTM call strikes added fresh short positions, indicating a further downside.

FIIs were net sellers in cash market segment to the tune of Rs 146 crore.


FII’s index future long/short ratio at 4.8x.


Nifty Movers:  The top gainers on Nifty were BhartiAirtel up by 1.15%, Tech Mahindra up by 1.11%, Bank of Baroda up by 1.06%, BhartiInfratel up by 1.01% and Zee Entertainment up by 0.95%.

On the flip side, BPCL down by 3.16%, Idea Cellular down by 2.23%, Coal India down by 2.08%, Grasim Industries down by 1.27% and Bajaj Auto down by 0.90% were the top losers.

Top Sectoral& Stock Screening:  The top gaining sectoral indices on the BSE were Telecom up by 0.72%, Capital Goods up by 0.41%, Healthcare up by 0.38%, Basic Materials up by 0.37% and Realty up by 0.30%, while Oil & Gas down by 0.75%, Energy down by 0.66%, FMCG down by 0.20%, PSU down by 0.09% and Auto down by 0.01% were the losing indices on BSE.

 

 

On the global front: On the global front, Asian shares were trading mostly in green, as investors awaited a speech by US President Donald Trump for signals on tax reform and infrastructure spending. Japan’s industrial output unexpectedly fell in January for the first time in six months, pressured by a slowdown in shipments of cars to the United States in a sign of an economy grappling for a more sure-footed recovery.

Global Signals: The Asian markets were trading mostly in green; Shanghai Composite increased 5.46 points or 0.17% to 3,234.12, KOSPI Index increased 7.29 points or 0.35% to 2,092.81, Jakarta Composite increased 15.65 points or 0.29% to 5,398.52 and Nikkei 225 increased 117.77 points or 0.62% to 19,225.24.

On the other hand, Hang Seng decreased 32.75 points or 0.14% to 23,892.30 and FTSE Bursa Malaysia KLCI decreased 0.14 points or 0.01% to 1,693.70.Taiwan Stock Exchange was closed on account of ‘Peace Memorial Day’ holiday.

 

  UseFul Links:: Stock Market Tips Home | Services | Free Stock / Commodity Trial | Contact Us