- 17 Apr 1404:04 PMEmpirical evidence suggests that in 7 out of 8 elections, the markets have tilted towards positive territory. Possibly owing to the huge impact that the Government policies have on the current scenario, would accentuate this further.01:15 PMGOLD: Gold prices are expected to rise till 28750 -28850. One can buy around 28500 with a stop loss below 28350.SILVER: Silver prices are expected to remain under pressure as long as stays below 42500. Traders can sell if sustains below 42500 with a12:50 PMSmartInvestor : Markets have rebounded after a firm opening and the Nifty has once again reclaimed the 6,700 level as of now.08:49 AMNIFTY (6675) : NIFTY opened flat but witnessed sustain selling pressure as fail to cross immediate hurdle of 6750 then drift down towards 6665 levels.08:03 AMNear Term: Range bound on charts (6820 - 6650) trade above/below would add trigger in the direction.08:00 AMDomestic markets opened on the negative note and continued to reel under pressure throughout the day as profit booking on higher levels and the outflow of FII in last two sessions.12:30 AMStop-loss long positions at 6,635 and stop loss shorts at 6,760. Breakouts or breakdowns could go till 6,820 or 6,575, respectively. A bearspread of long 6,700p (49) and short 6,600p (16) could double if the index drops below 6,650. (All futures prices).
- 16 Apr 1402:16 PMIn the midst of market volatility as elections kick off in the right earnest Prakash Diwan, director, Altamount Capital Management shares his views with Tulemino Antao on the market trends, RBI stance and outlook on sectors.08:47 AMNIFTY (6733) : NIFTY opened positive but failed to hold higher levels and witnessed profit booking towards 6711 levels. It bounced back from the support zone but was trading below 6750 and closed at 6733 with the loss of around 43 points.08:06 AMDespite the strong global clues, domestic markets kick started the week on negative note on account of profit book as investors seemed cautious ahead of CPI data.08:00 AMNear Term: Index is expected to trade range bound on charts (), trade above/below would add trigger in the direction.12:30 AMKeep a stop at 12,700 and go short.
- 15 Apr 1403:24 PMG Chokkalingam, founder, Equinomics Research & Advisory tells Puneet Wadhwa that though the results positively surprised the Street, the guidance looks conservative and does assume some amount of appreciation in rupee.01:56 PMNasscom (National Association of Software and Services Companies), a a trade association of Indian Information Technology and Business Process Outsourcing industry, in February said that IT exports from the country would grow 13-15% in FY15 but Infosys,08:48 AMNIFTY (6776) : NIFTY opened gap down and witnessed sustain selling pressure for the entire day by trading in negative territory. It was finding some support at around 6750 zone but now holding below 6750 may take it to 6700 & 6680 levels.08:30 AMThe Nifty ended 3rd consecutive week in positive territory. It rallied for wave-V Up as expected. It has achieved my short term targets levels in the range of 6800-6850 levels as expected last week. It made a high of 6819.05 levels.
- 11 Apr 1406:12 PMThe Indian Association of Investment Professionals (IAIP) and CFA Institute conducted a survey amongst its India members (which include many of India's best known market minds).12:53 PMWith markets taking a breather in today's trade, Jinsy Mathew spoke to Sudip Bandyopadhyay, managing director and chief executive officer, Destimoney Securities on what can what are the factors that drive the markets and are valuations a hinderance for11:28 AMThe Indian Association of Investment Professionals (IAIP) and CFA Institute conducted a survey amongst its India members (which include many of India's best known market minds).08:13 AMShort Term: Close above 1245 would add trigger in the direction whereas next target would be 1350. Best trading strategy would be buy only above 1245 on closing basis for short term gains.