Today's Bullion, Base Metals, and Energy Levels update  (20th Feb 2020)
  • posted by IMV |
  • 20/2/2020

 Gold prices dipped on Thursday after China uncovered measures to soften the economic impact of the coronavirus outbreak but recovered in the 2nd half concern over the epidemic prevailed. On the other hand, Crude oil jumped followed by the previous day rise as demand concerns eased following a drop in new coronavirus cases at the epicentre of the outbreak. Today, traders should concentrate on the Philly Fed Manufacturing Index along...

Today's stocks level (20th Feb 2020)
  • posted by IMV |
  • 20/2/2020

  CROMPTON Stock is trading in a range, above 302 we will see sharp upside rally in this stock. Currently 3% up from the previous closing. Catch it above 302 if it breaks and close above 302 for 3 consecutive days + weekly closing will see upside movement till 325 +++ levels in the coming days. Support and stop loss below 280 on a closing basis. DMART Currently, the stock is...

Today's agri levels  (20th February 2020)
  • posted by IMV |
  • 20/2/2020

Agri Levels   Fundamental Aspect: Turmeric prices are on a winning streak as the arrival is falling in the physical market.  RKV Ravishankar, President, Erode Turmeric Merchants Association said, “Only 106 bags of medium and poor quality old turmeric arrived at the Regulated Marketing Committee on Wednesday. Of this 86 bags were sold” Technical Aspect Dhaniya (April) Dhaniya has...

Today"s currency pairs (20th February 2020)
  • posted by IMV |
  • 20/2/2020

   Rupee opened on a negative note against the US Dollar in the early morning after a trading day off. High volatility is seen in the currency segment as Gold is touching new highs. Market shall remain closed tomorrow on account of Maha Shivratri, trade cautiously! Foreign Institutional Investors allegedly sold stocks worth of Rs 374.06 crore on Monday. The US 10- year bond is trading at 6.39 percent.  Technical outlook:...

Morning News Headlines
  • posted by IMV |
  • 20/2/2020

  MONEYCONTROL • Kotak Mahindra Bank: The lender said the Reserve Bank has granted its final approval for reducing promoters' stake in the bank to 26 percent. • Vodafone Idea: Brickwork Ratings has downgraded the rating on the company's non-convertible debentures, aggregating to Rs 2,500 crore, from 'BWR BBB-' to 'BWR BB-'. • Jayant Agro-Organics: CRISIL has revised the company's long-term ratings as 'CRISIL...

MORNING NIFTY AND BANK NIFTY UPDATE ALONG WITH STOCKS LEVELS FOR THE DAY (20TH FEB 2020)
  • posted by IMV |
  • 19/2/2020

 Benchmark indices ended on the positive note and broke the four days losing streak to close near days high. The S&P BSE Sensex rose 1.05 percent to close at 41,323 and the NSE Nifty 50 rose 1.15 percent to close at 12,125.90. The broader markets represented by the NSE Nifty 500 Index rose 1.3 percent. The market breadth was tilted in favour of buyers. Around 1499 shares have advanced, 982 shares declined, and 173 shares are...

Updates on Bullion, Base Metals, and Energy Levels 19th Feb 2020
  • posted by IMV |
  • 19/2/2020

Gold rose on Wednesday to its all-time high due to as an uptick in equities due to a drop in new virus cases was offset by fears of economic fallout from the epidemic. On the other Crude oil rose too as amid broad optimism as new coronavirus cases fell for the second day in China and concerns rose over supply after a U.S. move to cut more Venezuelan crude from the market. Today, traders should concentrate on the Building Permits...

Agri-Commodity Update 19th February -2020
  • posted by IMV |
  • 19/2/2020

Fundamental Aspect: Soybean prices reversed from the bottom levels in today's session after it slipped to bottom levels again in the last trading sessions as the traders had cut down their positions on weak spot demand. While the ample stock of Soy refined in the market is weighing down on the prices of Oil as well. Technical Aspect CPO (February) CPO has its support at 706 and resistance 720. Break...

Morning News Headlines (19th Feb 2020)
  • posted by IMV |
  • 19/2/2020

 MONEYCONTROL • Shree Cement: Shree Cement to replace Yes Bank in Nifty 50 w.e.f March 27. • Oil India: Stock will stop trading in Futures & Options segment with effect from May 4. • SBI: SBI Cards IPO to be launched on March 2, offer price likely to be Rs 745-775 per share - CNBC-TV18 sources. • Balkrishna Industries: HDFC MF sold 2.07 percent stake in company on February 17. • HCL...

MORNING NIFTY AND BANK NIFTY UPDATE ALONG WITH STOCKS  LEVELS FOR THE DAY (19TH FEB 2020)
  • posted by IMV |
  • 18/2/2020

 Benchmark indices ended lower for the fourth consecutive session and recovered from intraday low in the last trading hour. The BSE Sensex ended lower by 0.39 percent to close at 40,894.38. The NSE Nifty 50 fell for the fourth day in a row by 0.44 percent to end at 11,992.50. The broader markets represented by the NSE Nifty 500 Index fell 0.46 percent. The market breadth was tilted in favor of sellers. Around 884 shares have advanced,...