Wednesday, 25 March 2015

Trading Forecast for 25th March 2015, Wednesday.

Nifty Future

Consider support at 8540 break down with volume selling pressure on the card...

Resistance are 8600-8620

Around 13.39 lakh shares were added in open interest with an increase in price and cost of carry, indicating long buildup was observed by the market participants in today's trade.


Nifty Spot

Time being consider support 8530 and resistance 8630

Break out this range will move one side in either side


OPTION STRATEGY:

Time to Sell Call

Nifty Fuuture - Bank Nifty

And Stocks


Bank Nifty

Sell on rise strategy...

Resistance 18550-18600 and support are 18200 to watch out

Once break... non-stop wipe out 500 points easily


SBI

Major support broken... 275

Downward bias continue towards 250+ in coming days

Trading Below 50 and 200 DMA

Confirmation of weakness persisting


Bank of Baroda

Major support broken...

If all is not well... target 150 mark+

Trading Below 50 and 200 DMA

Confirmation of weakness persisting


HUL

Near to strong support...

Whether it is hold or bounce

Back check it what happened

http://tipsonshare.blogspot.com

Saturday, 14 March 2015

London Stock Exchange welcomes Arun Jaitley's reforms agenda

LONDON: The London Stock Exchange (LSE) today pulled out all stops to welcome visiting Finance Minister Arun Jaitley, underscoring the city's role as the "global capital market partner of choice for Indian companies". 

Click here to read complete story.

Friday, 13 March 2015

Cairn India slapped with Rs 20,495 crore tax demand

Cairn India said it does not agree with the tax demand and will pursue all possible options to protect its interest.

Click here to read complete story.

SAT quashes SEBI order against DLF; stock rises 9%

Shares in the company jumped as much as 9 per cent to top the 50-share Nifty blue chip index after the judgement was pronounced.

"We welcome this order and have full faith in the country's judicial system. We are in the process of studying the order and will comment accordingly," DLF said in a statement after the judgement.


Suggested Article - What is Nifty And Nifty Futures

Thursday, 12 March 2015

Rajya Sabha passes the Insurance Laws (Amendment) Bill

A seven-year long wait came to an end when the Rajya Sabha on Thursday passed the Insurance Laws (Amendment) Bill, 2015. On  Wednesday March 4, the Lok Sabha had passed the Insurance Bill to increase foreign investment limit in local insurers to 49 percent from 26 percent. Narendra Modi led BJP government introduced the Insurance Bill replacing the Ordinance issued last year. The Insurance Laws (Amendment) Bill, 2015, seeking higher foreign equity participation in Indian insurance companiesThe Bill was first introduced in Rajya Sabha in 2008 but non concurrence amongst parties stalkled its passage since.

Source: Moneycontrol