What will be the Gold Trend in Year 2014 ?

Gold, the most traded and talked commodity of the year 2013. However the gold was not in the news due to it's glory of shining all the time, instead the gold in the commodity market both domestic and global under performed due to the certain reasons. Gold import duty raised in the early month of the year 2013 from 4% to 6%. The decision to hike the import duty was taken in the so rush that FM didn't even could wait for the Budget. It was a great news for the whole commodity market, since then for the first time a sudden increase of around 2% in the prices of the gold was observed in the short time duration. Main motive behind the increasing import duty was to control the import of the gold in the country. FM, Government of India stated that the country doesn't produces gold rather we have to to import it from foreign and we pay in dollars to procure it. Gold ranked 2nd in the import duty bill right after the crude oil. While gold is considered as a dead asset. While in upcoming years we may witness a fall in the import duty bill if the Rupee appreciates soon.     

{ Read More }

Base Metals May Face Bearish Trend Today

Commodity Market Face: Base metals like copper, zinc, nickel, aluminium are trading on the sideways to bearish trend today. Following the global cues from the international commodity market copper and all other base metals are down .25% to 1.30% at this time. While on other hand the bullions are facing a low trading volume due to the Christmas holidays world wide. Crude Oil is witnessing the downside trend in the domestic commodity market Multi Commodity Exchange of India.

Sure Shot Commodity Trading Tips for Today 

• MCX Gold (February futures): Buy at 28,280 Place Stop Loss at 28180 Target 28,450.
• MCX silver (March futures): Buy at 43,800 Stop Loss 43,600 and Target 44300.
• MCX Crude oil (April futures): Buy at 6135 with placing stop loss at 6095 for the target 6195.

{ Read More }

Free Intra-Day Trading Recommendations for Monday

Expert Share Trading Tips & Best Stocks to Buy/Sell on Monday 23rd December 2013

• Cairn India: Script outlook for the next few trading sessions is bullish. On Monday the traders trading in intra-day trade may buy this stock above 330 for the target of Rs. 335-337.
• Cipla Limited: The pharmaceutical major has out performed in last few trading weeks. Intra-day Traders may this script above 403.20 for the intra-day target of Rs. 406-408. 
• Ranbaxy Labs: Hold Ranbaxy Laboratories if looking at long term. Add small quantities at declines. Keep a stop loss around Rs 410 for medium term. Intra-day traders are suggested a buy call on Monday for the target of Rs. 460.

Sector Stocks to Watch on Monday: Sector wise we are bullish on the oil & gas, energy, realty stocks on Monday while consumer durables, FMCG shares may remain bearish.

• Oil & Gas Energy Sector: NTPC, ONGC, HPCL, GAIL, TATA POWER
• Realty Sector: ANANT RAJ, HDIL, DB REALTY, UNITECH, INDIABULLS REAL
• FMCG Scripts: COLGATE, DABUR INDIA, HUL ITC

Note: Market Trading will take place only on 4 days this week i.e. December 23,24,26,27 while Indian stock market on both indices NSE BSE will remain close on Wednesday 25th of December 2013 on the occasion of Christmas. 

{ Read More }

Weekly Nifty Outlook & Market Reviews

Despite the Fed concerns market closed on th positive note on final trading session of the last week. Sensex hit the double century on Friday while Nifty also crossed the intraday resistance level of 6200. Oil and Gas, Real estate shares were among the major gainers of the last week while consumer durables, FMCG stocks were among the losers for the week. The Indian BSE Index Sensex surged around 2 percent and closed at 21,080 while the another one Nifty Index closed at 6274, up 108 points from it's previous close. 

Weekly Nifty Outlook for Next Week from 23rd December to 27th December 2013

• Indian share market may continue the upside trend next week also. Technically the nifty has crossed the resistance level of 6250 but still it is not able to sustain the current levels. Nifty may trade in the range 6100-6340 next week.
• Technically NSE Nifty is expected to take support level at around 6150-6200 while resistance is seen at 6300-6370. 

Nifty Trading Recommendations for Monday 23rd December 2013

• For Monday Bank Nifty is a buy call.  Buy above 11305 with placing stop loss 11150 for the target 12,350-12,422.
• Buy Nifty Future around 6240-6260 zone with Stop loss 6200 and for target 6340-6380.

Fill the Free Trial Form to Get Free Intra-day & Future Tips on Mobile.

{ Read More }

Commodity Market Trading Guide & Basics

Current Era is the era of smart investors and traders. Over the past 1 decade a increased no of investors has been observed in the commodity and stock market. But from last 5-6 months investors are not earning expected returns from this market investment, despite this there is no sudden fall in the no of commodity investors. Commodities specially the bullion gold and silver has ever given the best returns to the traders and investors.

5 Key Factors to Consider while Trading in Indian Commodity Market

• Suppose if you are trading in NCDEX agri commodity market then you must closely watch the monsoon. Good & timely monsoon may produce good crops which in turn may give momentum to the agri commodity market.
• Apart from the agri commodity market another one is MCX in which non agri commodities are traded. Most of the investors like to invest in gold and silver. Main factors that may affect the bullion commodities are global meetings, currency interdependency INR to USD, global market trend etc. One must have a close look on these all events.
• Choose the best exchange to invest in as per your portfolio. Try to gather all information about the exchange rules, history and trading norms etc.
• Choose the Reliable broker in your locality which may guide and train you for the commodity trading. 
• Do not invest the whole investment amount in a single commodity. Instead diversify your investment in different commodities and segments. For example if you have decided to start your trading with Rs. 1 Lac. You may go to invest 50% in bullion segment, 30% in energy and rest 20% in base metals.   

{ Read More }

Best Scripts to Pick Next Week Trading

Dish TV India: Dish TV India has reported a continuous increase in the script price since last one month. EBITDA (Earning Before Interest, Tax, Depreciation, Amortization) of the company has also increased in mean term. Promoters of the company are also going to plus their stake in the company. In these favorable conditions one may add Dish TV in the portfolio for the short term target of Rs 66.

United Breweries: United Breweries seems to be a very good script to add into portfolio from the recent performance point of view. There is a news in the air now a days that the UB group may reduce it's stake holdings in the near term. Buy United Breweries with a target of 890 in next one month. 

Wockhardt: Due to the strict regulations of US FDA the script may move down or it may remain bearish to sideways in near term but if the investors keep it for the time period of 12-18 months ths script may give you good returns. 

GET FREE INTRADAY TRADING TIPS DAILY ON MOBILE. FILL FREE TRIAL FORM !!       

{ Read More }

Weekly Nifty Outlook & Market Reviews

On Friday, the final trading session of the last week of the Indian stock market's both indices closed in red. Sensex closed 200 points down, while the Nifty also closed down at 6200. Ahead of the global meetings and domestic market conditions Nifty may not the sustain around 6000 level. On Monday the Nifty is most likely to find support at around 6150-6080 while the resistance is seen at 6230. 

Nifty Key Levels for the Next Week

Nifty Support - 6000-5900 Resistance 6300-6350.   

GET FREE STOCK CASH & EQUITY TRADING TIPS ON MOBILE. FILL FORM NOW !! 

{ Read More }

Stocks in Focus Next Week : Coal India, Jet Airways

Jet Airways: Aviation Regulatory Control norms are putting some pressure on the aviation stocks like Jet Airways, Spicejet. Although it has been seen that usually the month of January becomes too much profitable for the aviation industry. One may take long position in the Jet Airways for the short term target of Rs. 300.

Coal India: Government of India is still not clear on the issue of bringing the FPO (Follow up Public Offering) of Coal India into the market, It is a positive sign for the script. Coal India has announced to offer a dividend of Rs. 30 which is not enough from the market perspective. In place of Rs.30 if the company would have announced to give the dividend of Rs. 40-50 the market would have gained the momentum and hence the script. Announcement of Rs. 30 dividend may drag down the stock's price.

{ Read More }

Bullion MCX Gold Silver Tips for Today

Bullion commodities on Multi Commodity Exchange of India today opened on the negative note today. Since the morning trading session both bullion commodities gold and silver have been trading with the marginal fall. Rupee appreciation as well as the Indian stock market's all time high put the pressure on the commodity market specially bullion ones. There is no possibility of corrections in the prices of gold and silver in Commodity market in evening session today. Technically the market trend may remain bearish to sideways later in the evening session.

Bullion MCX Gold Silver Trading Tips for Today

• For intra day the MCX Gold may take support level at around 28600 below which it may test the 28400 level while Resistance is seen at 29200 Above which it may move up to touch 29400 level. Intra day traders may take sell position in Gold below 28,890 for the intra day target of 28,700 with placing stop loss at around 29,030.
• MCX Silver is expected to see support levels in between 43,630-43400 while Resistance can be seen at 44,100-44,300. Intra day traders may initiate the sell position from CMP for the target of 43,580.

{ Read More }

Sensex & Nifty Closed at Record High

Once again the Indian stock market indices Sensex & Nifty are experiencing the Modi wave. Expected outcome of the assembly elections 2013 pushed the market index at all time record high today. Election results in all four states were as per the expectations of the market. In day trading session, the Sensex touched the highest level of 21,484  while Nifty also made a new high after 5 years and 11 months. Nifty crossed the major resistance level of 6357. Due to Profit Booking by investors and day traders today market could not sustain on the higher levels. 

Finally the 30 Shares Index BSE Sensex with 330 points up, i.e. 1.6 percent closed at 21,326. The 50-share Index NSE Nifty closed with a gain of 104 points, i.e. 1.7 percent at 6364 levels. 

Market Highlights of the Day

• Market witnessed heavy buying of shares of banking, capital goods and realty sectors.
• Sectors like pharma and FMCG witnessed a Rally 
• DLF, Sesa Sterlite, ICICI Bank, Larsen, Ambuja Cements were among the top Nifty Gainers while Jindal Steel, Cipla, Lupin, Cairn India, Tata Steel were among the Top Losers of the Day.
• ICICI Bank, Sesa Sterlite, Larsen, Maruti Suzuki, ONGC were among the top Sensex Gainers while Jindal Steel, Cipla, Tata Steel, HUL were among the Top Losers of the day. 

{ Read More }

Latest International Market Updates

U.S. market closed in spectacular boom after witnessing decline in the last 5 consecutive trading sessions. Market get excited after the the release of US job data, which was quite better than the market expectations. However the US markets managed to close on the upside by turning up by 1.25% from it's previous close. Market is expecting a raise in the U.S. stimulus package. According to the Job data released yesterday the employment may gain some momentum in near term in the US. 2,03,000 people are employed in the month of November while market speculation figure was around  1,85,000. With this unemployment rate of the US dropped by 7%.

Now the market has turned the eyes on the Federal Reserve meeting which will take place on the 17th and 18th December. Federal Reserve has already indicated that any cut down in the unemployment will lead to cut in the Q3 before the scheduled time.

Market Closing Updates:

• Dow Jones gained 200 points to close at 16020.20.
• S & P 500 index with a gain of 1.12 percent closed at 1805.9.
• Nasdaq closed at 4062.52 with a gain of 0.73 percent.   

         

{ Read More }

Currency Market Updates: Rupee to Dollar

It was indeed a good day from the perspective of Indian Rupee. A sharp appreciation has been observed today in it against the dollar ahead of election results in India on 8th December. Indian Rupee closed on 62.05 after getting strengthen by 31 Paisa. Yesterday the Rupee closed on 62.36. Current account deficit made an impact on the Rupee today. Further the election results of all the states will decide the movement of Rupee in near term. Rupee is most likely to get volatile against the dollar. If Rupee further comes to 61.80 then it may witness some strength ahead. 

Key Support & Resistance Levels

Support Levels: 61.85-61.65

Resistance Levels: 62.25-62.45

    

{ Read More }

Jackpot Stock Tips : Shares to Buy for Long Term

PTC India Financial: PTC India shares may be picked up from the long term perspective. If we see the outlook of next 1.5 to 2 years the script may take upside turn to witness 28-30 level easily. The Company is expected to pay 90% dividend to all it's investors and stake holders. The core profit of the company of these three quarters has been increased up to 30 Crore. The business model of the PTC India is very new and unique to the Indian markets. The company may strengthen it's balance sheet in next 4-5 years. The current book value of the company is around 26.If company makes a plus to the financial Debt and invest in the projects the EPS (Earning Per Share) may increase up to 3.5. The script is less likely to move down while it will move up in long term.

Ballarpur Industries: Ballarpur Industries can be a buy call from long term point of view. The Script may move up to see 26-30 level in next 1.5-2 year. The company 's market cap is around Rs 800 crore and ballarpur graphic is the subsidy of it. The company wants to sell it's 20-25% stake holdings. Valuation of the stocks will be approximately 2000 crore. Total Debt on the company is around 3500 Crore. Selling the stake holding will help the firm to increase it's EPS and reducing down the debts.   

{ Read More }