Intraday Stock Tips

Updated Prediction Of All Segment of Mcx Market

2020-03-12T05:40:32Z

Market Outlook

Gold prices extended weak for the fourth consecutive day to touch Rs 43500. Investors seek refuge in the yellow metal on worries of coronavirus spreading across the globe and its impact on the economy. Crude Oil slid as worries about demand for fuel being sapped by the global coronavirus outbreak were heightened by concern over non-OPEC crude producers not yet having agreed to cut output further to support prices. Copper trade in range bound and settled with bearish bias. One can expect upside movement if it crosses immediate resistance mark of 432 and immediate support mark is 425.

Fundamental News

Gold prices rose on Wednesday after a steep fall in the previous session, as doubts about a stimulus package proposed by U.S. President Donald Trump to soften the economic impact of the coronavirus epidemic weighed on risk sentiment.Oil prices climbed for a second day on Wednesday, lifted by hopes that U.S. producers will cut output, but gains were limited compared with Monday’s crash after Saudi Arabia and Russia triggered a price war.

GOLD

Gold showed bearish movement, found major support around level of 43275. Now if price maintains on higher level then it will test next resistance level of 44000. On other side 43000 will be major support level.

SILVER

Silver showed bearish movement and major support around level of 45719. Now if price sustains below 45500 levels then it will test support level of 45000. On other side 47000 will be major resistance level.

CRUDE

Crude oil showed bearish movement and major support level of 2446. Now if price sustains on lower level then next support level is 2300. On other side 2700 will be major resistance level.

COPPER

Copper showed bearish movement and found major support around level of 424. Now if price sustain on lower level then next support level will be 420. And 430 will be major resistance level.

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Live Stock Trading Tips

2020-03-12T05:03:05Z

Domestic bourses took a breather and consolidated after heavy falls following the impact of corona virus as it hit the India too. Global peers rallied today after Bank of England cut the interest rate by 0.50%.Asian markets ended lower following the impact of epidemic. Nifty fut settled at 10455.

Media shares were the major gainers of the day while PSU Banks were the major losers of the day.

Global Markets

Sportswear Company Adidas fell to the bottom of the German DAX on Wednesday after revealing the scale of the impact it’s facing from the corona virus. European shares rose for the first time in five sessions on Wednesday, as Britain became the latest country to cut interest rates in a bid to contain the economic damage from the corona virus epidemic. The benchmark STOXX 600 (STOXX) was up 1.4%.

Stock Snippets

Reliance Capital group firm Reliance Home Finance has defaulted on loan repayment of Rs 40.08 crore in February.

JSW Steel registered a growth of five per cent in crude steel production at 1.320 MT in February 2020.The company had produced 1.257 million tonne (MT) crude steel during the same period last year.

Welspun Corp has bagged a major offshore pipes supply contract for a project in Australia from Allseas Marine Contractors. The project is owned by a joint venture, which comprises ConocoPhillips Australia, SK E&S Australia and Santos Offshore.

Tata Power would run normal operations at its Mundra plant up to March 20, 2020. The company had last week announced a March 11, 2020, deadline to shut down operations at Mundra owing to a lack of compensatory tariff.

Tata Capital Financial Services, the corporate and retail lending arm of Tata group, will float retail bonds of Rs 5,000 crore to broaden investor base and get durable resources.

Global Markets

Asian markets gave up some of their gains on Wednesday from a rebound a day earlier, despite the possibility of the U.S. rolling out a package of support measures.

Japan stocks were lower after the close on Wednesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower. The Nikkei 225 declined 2.27% to hit a new 52-week low.

Australia stocks were lower after the close on Wednesday, as losses in the Gold, Financials and Industrials sectors led shares lower. The S&P/ASX 200 lost 3.60% to hit a new 52-week low.

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Online Stock Trading Tips & Updated Strategies

2020-02-24T04:51:50Z

Key equity benchmarks ended with modest losses. After trading near the flat line for most part of the session, key benchmarks slipped in the last hour of the trade and ended near the day’s low. The Nifty, however, managed to close slightly above the 12,000 mark. Investors awaited more clarity on U.S. President Donald Trump’s statement ahead of his visit to India that the two countries were working on a major trade deal. The domestic stock market will remain closed for Shivratri holiday on Friday (21 February).

Global Markets

Airlines in the Asia-Pacific region stand to lose $27.8 billion of revenue this year as they slash flights due to declining demand as a result of the coronavirus, according to a preliminary estimate from an industry body. U.S. stocks were lower, as losses in the Technology, Healthcare and Industrials sectors led shares lower.The Dow Jones Industrial Average lost 0.44%, while the S&P 500 index declined 0.38%.

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Online Mcx Trading Tips By Market Expert

2020-02-24T04:48:54Z

Market Outlook

Gold has given a rally on the back of rise in new cases of coronavirus. On the weekly chart, it has given a consolidation breakout. Going forward, sustained trades above 42700 is likely to take the price towards 43075-43275. On the lower end support is pegged at 43000/42500.Crude has recovered for the second consecutive week extending the gains of previous week. Going forward, price may move up 3800/3900. On the lower end price has support at 3700. MCX Copper has been range bound for the last few days as it failed to move significantly on a particular direction. On the lower end, support is seen at 427/424, whereas on the higher end, resistance seen at 433/437.

Fundamental News

Global equity markets slumped on Friday as the fast-spreading coronavirus drove investors into safe-havens, with gold hitting a fresh seven-year high and the yield on the 30-year U.S. Treasury sliding to an all-time low.

Oil prices fell on Friday amid concerns over fuel demand as the coronavirus epidemic spread further beyond China, while major crude producers stood pat on any early action to cut output to support the market.

GOLD

Gold showed bullish movement and major resistance around level of of 42790. Now if price maintains on higher level then it will test next resistance level of 43000. On other side 42000 will be major support level.

SILVER

Silver showed bullish movement and major resistance around level of 48589. Now if price sustains below 47500 levels then it will test support level of 46500. On other side 49500 will be major resistance level.

CRUDE

Crude oil showed bullish movement and major resistance level of 3896. Now if price sustains on lower level then next support level is 3700. On other side 4000 will be major resistance level.

COPPER

Copper showed bearish movement and found major support around level of 427.75. Now if price sustain on lower level then next support level will be 425. And 434 will be major resistance level.

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Make Huge Profit With Mcx Trading Tips

2020-02-18T05:57:38Z

Market Outlook

MCX Gold has, on the hourly mode, moved up above previous swing high. Price after a steep rally witnessed a pause in the previous session. On the lower end, support is visible at 40700. On the higher end, price has resistance at 40850/41050. MCX Crude, has moved above previous swing high on the hourly chart, which is positive set up.On the lower end, price has support at 3700/3660 over the near term. On the higher end, resistance is visible at 3740/3770.MCX Copper has been range bound for the last few days as it failed to move significantly on a particular direction. MCX Copper has been range bound for the last few days as it failed to move significantly on a particular direction.

Fundamental News

Gold prices slipped on Monday in Asia as China imposed tightened restrictions on movement in the Hubei province to prevent the spreading of the coronavirus.

Oil prices were little changed on Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China were offset by expectations that output cuts from major producers will tighten crude supply.

GOLD

Gold showed bearish movement and major resistance around level of 41300. Now if price maintains on higher level then it will test next resistance level of 41600. On other side 40700 will be major support level.

SILVER

Silver showed bearish movement and major resistance around level of 46400. Now if price maintains on higher level then it will test next resistance level of 46800. On other side 45400 will be major support level.

CRUDE

Crude oil showed bearish movement and major resistance level of 3750. Now if price sustains on above 3700 level then it will test next resistance level of 3800. On other side 3600 will be major support level.

COPPER

Copper showed bullish movement and major resistance level is 438. Now if price sustains on lower level then it will test next resistance level of 442. On other side 430 will be major support level.

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2020-02-18T04:49:25Z

Key benchmark indices ended near the day’s low on Monday. Sentiment took a hit after Moody’s cut 2021 GDP growth forecast to 5.8% from 6.7% earlier. State-run banks, exposed to the telecom operators, tumbled after the Supreme Court refused relief and asked telecom operators to pay adjusted gross revenue (AGR) dues by 17 March. Among sectors, PSU Bank shed 3 percent, while metal, pharma, infra and energy fell 1 percent each. BSE Midcap and Smallcap indices also declined 1 percent each.Global Markets

General Motors Co (N:GM) is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021.

It also said China’s Great Wall Motor Co Ltd had agreed to buy GM’s Thailand car manufacturing plant and an engine factory, a transaction expected to be completed by the end of 2020.Stock Snippets

Dr Reddy’s Laboratories share price touched 52-week high, rising 1 percent intraday on February 17 after audit of company’s Formulations Srikakulum Plant (SEZ) Unit I, Andhra Pradesh by the USFDA, has been completed today with zero observation.

Bharti Airtel share price gained after the telecom operator paid Rs 10,000 crore to the government towards adjusted gross revenue (AGR) liability.

RITES emerges as successful bidder for supply of locomotives, coaches worth Rs 680 crore

Hero MotoCorp launches BS-VI Splendor+, price starting Rs 59,600

Zydus Cadila launches a fast tracked programme to develop vaccine for the novel coronavirus, 2019-nCoV (COVID-19)

Lupin launches bacterial conjunctivitis drug Moxifloxacin Ophthalmic solution.

Global Markets

Asian shares reversed losses on Monday and moved back toward a three-week top as China’s persistent efforts to cushion the blow from a coronavirus outbreak calmed nervous investors, although Japanese stocks faltered on growing recession risks.

Japan stocks were lower after the close on Monday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.69%.

Australia stocks were lower after the close on Monday, as losses in the Telecoms Services, Consumer Discretionary and Financials sectors led shares lower. At the close in Sydney, the S&P/ASX 200 lost 0.07%.

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Accurate MCX Tips |Commodity Report

2020-02-12T14:00:52Z

Market Outlook

MCX Gold has formed a bearish candle on the daily chart after a spinning top candlestick pattern, which means a short term reversal is possible. On the lower end, support is visible at 40300/40200. On the higher end price has resistance at 40550/40620. MCX Crude has formed a bullish harami pattern on the daily chart, which is a bullish reversal pattern.On the lower end, price has support at 3550/3500 over the near term. On the higher end, resistance is visible at 3660/3700. MCX Copper has recovered after two consecutive days of correction. On the lower end, support is seen at 431-430; whereas on the higher end resistance seen at 437-440

Fundamental News

Gold prices fell on Tuesday in Asia ahead of testimony from Federal Reserve Chairman Jerome Powell.The yellow metal rose in the last four days as it drew support from concerns about the coronavirus epidemic as death toll crossed 1,000 lives in China.

Oil prices rebounded from the lowest level in more than a year on Tuesday in Asia, but analysts said the recent coronavirus outbreak remained as a major headwind for the markets.

Gold showed bearish movement and major support around level of 40300. Now if price maintains on higher level then it will test next resistance level of 40700. On other side 40000 will be major support level.

Silver showed bearish movement and major support around level of 45621. Now if price maintains on higher level then it will test next resistance level of 46200. On other side 45000 will be major support level.

Crude oil showed bullish movement and major resistance level of 3614. Now if price sustains on lower level then it will test next support level of 3450. On other side 3650 will be major resistance level.

Copper showed bullish movement and found major resistance around level of 434.90. Now if price sustain on lower level then next support level will be 430. And 440 will be major resistance level.

Accurate Levels and Tips of Equity Market | Stock Report

2020-02-12T09:34:57Z

The equity market barometers ended with decent gains on Tuesday. The Nifty, however, failed to close its above its 50-day simple daily moving average (SDMA) placed at 12,120.39. Global cues were positive as some Chinese factories slowly resumed operations amid the national fight against the novel coronavirus outbreak. The S&P BSE Sensex reclaimed 41,000, while the Nifty 50 settled above 12100 levels.Except FMCG, all other sectoral indices ended higher.

Global Markets

Daimler reported a 64% fall in 2019 net profit despite record high Mercedes-Benz sales as CEO Ola Kaellenius signed off on more than 5 billion euros in legal and restructuring charges. European shares rose to a record high early as a slowdown in the rate of new infections in the coronavirus outbreak provided some relief, although markets still worried over the wider global economic impact. European STOXX 600 index rose 0.7%.

Stock Snippets

Cipla’s South African arm signed an agreement securing originator and authorized generic brands of an atypical antipsychotic drug, Quetiapine. Cipla to market and distribute the Medicine in South Africa and neighbouring countries.

The US Food & Drug Administration (US FDA) has tentatively approved the abbreviated new drug application (ANDA) filed by Granules Pharmaceuticals, Inc (GPI), for Colchicine Capsules, 0.6 mg.

Tata Global Beverage has changed its name to Tata Consumer effective from February 10.

ITC share price gained 3 percent on February 11 after company hiked prices of cigarettes by 10-12 percent.

Shares of Motherson Sumi Systems rebounded with 1.6 percent gains on February 11 as analysts retained positive stance considering the margin improvement in SMP, though domestic performance was disappointing.

SBI rose 2 percent ahead of SEBI nod for the IPO of SBI Cards

Global Markets

Asian share markets followed Wall Street higher on Tuesday as China’s factories struggled to re-open after an extended break.Japan’s Nikkei was closed for a holiday, although Nikkei futures (NKc1) traded 0.8% firmer.

Australia stocks were higher after the close on Tuesday, as gains in the IT, Telecoms Services and Industrials sectors led shares higher.The S&P/ASX 200 gained 0.61%.

The Shanghai Composite gained 0.3%, while the Shenzhen Component lost 0.2%.

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Set Your Goal With Mcx Trading Tips

2020-02-06T06:40:02Z

Market Outlook

MCX Gold price has faced selling pressure from higher levels during Wednesday’s session. Momentum indicator MACD has given negative crossover on the daily chart, which also indicates the downside move in the prices.It is looking bearish with a potential to reach 39,800. On Crude oil price has moved lower during the day.It is trading below its Parabolic SAR on the hourly chart. Crude oil prices are trading below its 20-day moving average. It is looking bearish with a potential to reach 3,570.MCX copper price has moved above its 100EMA on the hourly chart which is a positive sign for the metal. It is looking bullish with a potential to reach 438.

Fundamental News

Oil increased from a one-year low toward $50 a barrel even as Saudi Arabia ran into Russian resistance in its push for further production cuts to combat a virus-driven demand decline.

Gold prices traded higher on Wednesday in Asia amid continuing worries about the outbreak of coronavirus.Concerns about the economic fallout of the coronavirus outbreak were cited as tailwinds for the yellow metal today.Meanwhile, the World Health Organization said it is confident the virus threat could be contained, noting that 99% of the cases are in China so far.

GOLD

Gold showed bearish movement and major support around level of 39900. Now if price maintains on higher level then it will test next resistance level of 40500. On other side 39700 will be major support level.

SILVER

Silver showed bearish movement and major support around level of 45350. Now if price maintains on higher level then it will test next resistance level of 46000. On other side 44800 will be major support level

CRUDE

Crude oil showed bullish movement and major resistance level of 3700. Now if price sustains on lower level then it will test next support level of 3550. On other side 3800 will be major resistance level.

COPPER

Copper showed bullish movement and found major resistance around level of 436.40. Now if price sustain on lower level then next support level will be 425. And 440 will be major resistance level.

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Online Stock Tips By Market Experts

2020-02-06T04:53:52Z

Key indices advanced for third straight trading sessions on Wednesday. After a shaky start, the equity benchmarks turned volatile and hit the day’s low by noon. The indices, however, bounced back and ended near the high point of the day. The Nifty managed to close slightly above the 12,000 level. The sentiment got a boost after India’s Services PMI in January rose at quickest rates in seven years. Investors, however, remained cautious ahead of the Reserve Bank of India (RBI)’s policy outcome tomorrow.

Global Markets

Britain’s Metro Bank has hired a law firm to help it investigate payments routed through the bank that breached U.S. sanctions, a regulatory filing showed.European shares retreated from recent gains on Wednesday as concerns over the virus outbreak in China persisted, while markets also waited for service-sector activity data from the bloc.The pan-European STOXX 600 (STOXX) index fell 0.2%.

Stock Snippets

Sun Pharma launched Absorica LD capsules in US for acne.

Granules India jumped 5 percent after the company received USFDA approval for Valganciclovir Hydrochloride for oral solution. The USFDA approved the ANDA filed by Granules Pharmaceuticals, a wholly-owned foreign subsidiary of Granules India Limited for Valganciclovir Hydrochloride for Oral Solution, 50 mg/mL.

USFDA clears Cadila Healthcare subsidiary’s Ahmedabad unit with no observation.

REC board approved amalgamation of company’s two arms REC Transmission Projects and REC Power Distribution.

DCB Bank revised MCLR across various tenors with effect from Feb. 6. One Month marginal cost of lending at 8.62% and One Year MCLR at 10.22%.

NCLT Kolkata has approved amalgamation of Vedanta’s arm Vedanta Star with Electrosteel Steels. Post the amalgamation Vedanta will hold 95.48% stake in the target company.

Global Markets

Asian stocks steadied on Wednesday as Chinese shares moved higher on hopes of additional stimulus to cushion the economic blow from a coronavirus outbreak, but risks remain as the illness continued to spread and the death toll neared 500.

Japan stocks were higher after the close on Wednesday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors led shares higher.The Nikkei 225 rose 1.02%.

Australia stocks were higher after the close on Wednesday, as gains in the IT, Metals & Mining and Materials sectors led shares higher.The S&P/ASX 200 added 0.39%.

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