Skip to main content
By

Markets at a Glance
Indian indices are likely to open lower today, tracking negative Asian markets, as sentiment were broadly weakened as European Central Bank (ECB) chief Mario Draghi, failed to deliver immediate action to contain the Eurozone debt crisis. Meanwhile Asian shares are trading low-er after the ECB chief disappointed investors who are hoping for an imminent move of bond purchases to bring down the borrowing costs of stressed euro zone members and to defend the euro. The yen gained against most of its counterparts, thus weighed over the exporters stocks. Further, the investors’ remain cautious ahead of Friday’s US’s jobs data. The SGX Nifty, Aug’12 contract last traded at 5,218, down by 30 points from previous session.
Wall Street Update
The US markets ended lower after the European Central Bank President Mario Draghi disap-pointed investors as he failed to announce new measures to help stem the European debt cri-sis. Draghi stressed on buy buying programme but did not provide no explicit details on how and when these activities may be carried out. Besides, there was a glimmer of hope on the US jobs front, as the weekly jobless claims came in line with expectations at365,000. While, the June Factory Orders showed a 0.5% decrease which was worse than the 0.6% increase that had been expected, suggesting the economy is struggling to break out of a soft patch.

Comments

Post a Comment

Popular posts from this blog

Get Live Charts Nifty Signal Using Buy Sell Signal Software

By
BEAR MARKET PREVAILS,NIFTY GIVES WAY Policy paralysis seems to be eating away the growth cycle recently picked up due to the sincere   efforts on the part of the govt coupled with well timed action by RBI which deemed fit to slash repo and CRR.   The depth in the market is deepening with every trading session .   Premiums in both NIFTY FUTURE and NIFTY OPTION are fast disappearing with discounts sneaking into it vigorously.   The NIFTY sunk below 5600 for the first time since November 23, 2012.   That was the first time that the Nifty actually flirted with the 200 day moving average (DMA).   Now it’s a big question that “is the NIFTY and midcap index which has outsmarted NIFTY in falling fast, replicating the trading pattern similar to 2008.   THE 200 DMA—KEY SUPPORT If one peeps into the recent past, one can get to know that the Nifty has not gone below 200 DMA on a closing basis.   In 2008, also the similar trend where midcaps ...
Post a Comment
Read more

Intraday Software Using Trading Strategy For Generating Buy Sell Auto Signals

By
NIFTY RANGEBOUND—STOCK MARKET DIRECTIONLESS The stock market appears to halt at a tri-junction with no absolute clue about where to move.   CNX IT, however did manage to bounce back for two days but it is clearly looking like more of an bounce back when intraday indicators were slightly oversold and the index kind of manage to hold on for couple of days.   It recorded about 100 to 150 pointy kind of a bounce back.   The chart analysis indicates some crucial movement from here.   The nifty future might see a upward swing after a sharp correction.         Notwithstanding the fact, this kind of a decline was not expected.   For Infosys, 2150 is an important weekly closing pivot that could be a good target for it.   In fact, that is something which Intradaytrading software looks for making a pretty sure intraday trade in the stock.         The technical analysis of the ni...
Post a Comment
Read more

NIFTY TRADING SYSTEM

By
This is the general conception in share market-whether they are stock traders or nifty traders-keep impression that the movement in the market happens randomly and it cannot be predicted. Nifty’s buy/sell signal is simply out of ability of a common man to get command over.  In fact, this is not true and due to this misunderstanding they are not able to analyse nifty charts live or nifty trading system. But as a matter of fact, nifty trading system ought to be based on scientific and mathematical principles.  There are some clear formulate and strategies following which one can be overall winner and get a mastery over live buy and sell signals and intraday tips . What’s the common perception prevails in the market, goes up riding authentic news and get bearish ferociously when some rumours spread in the market .  Even intraday trading tips providers who do not, rather can not, give more than 33 % right tips.  Even the so called experts on TV business programmes are ...
Post a Comment
Read more