Nifty Live Chart | Nifty Chart

MARKET EYESON CABINET MEET ON COAL-PRICE-POOLING ISSUE

The cabinet committee on economic affairs (CCEA) shall meet next week to discuss pooling the price of imported coal with the domestic fuel. Moreover Group of Ministers (GoM) on draft coal regulator Billl will also meet to take a view on price-pooling of coal to address the fuel supply issue. The price pooling is the averaging of prices of domestic and imported coal to get a uniform feedstock price in the country. On the directions of the CCEA, an inter ministerial panel was formed under the chairmanship of coal secretary for looking into the price pooling and coal linkages issue. This event shall not only boost up power stock but will lead the stock market to a new direction. The nifty future and niftyoption may see sharp increase in the premium. The intraday traders who use the intraday trading software shall try to extract the maximum benefit in intraday trades.

The cabinet has reportedly asked the coal ministry to back on the issue within five weeks. The CCEA had in February approved in principle coal price pooling but had asked coal and power ministries to come back with specific plan with proposals. The Prime minister’s Office (PMO) had directed Coal India ltd and Central electricity Authority in 2012 to work on price-pooling, so as to ensure 80 per cent supplies to power plants. The final decision on the issue was pending for long due to differences between the coal and power ministries on how the impact of higher imported coal prices will be shared between CIL and power companies. Those who are wary about the stock market may see it differently now. The power stocks will exhibit their live buy and sell signal in intraday trade enthusiastically. Nifty will also recover from its support level to moderate high.

Visit Us : www.technotrades.biz

Comments

Nifty Buy Sell Signals

TECHNICAL ANALYSIS – THE RIGHT WAY FOR INTRADAY TRADING: The intraday trader is like a rally driver on the speed way. The stock market gives ample scope to earn on any stocks or trading the nifty charts . Technical analysis offers all tools to carry this out. The only problem why the technical analysis seems not to give profits is only because it is not used correctly. An intraday trader needs to understand that, technical analysis is like several thousands of methods how the livecharts can be studied in order to generate live buy sell signals . This means that not all or too many charting methods is to be used or we keep changing the trading strategy of intraday trading from time to time. The intraday method to generate the live charting in order to generate buy sell signals , is to be done based on only few robust techniques. The trading strategy rules need to be simple so to not get confused. They should generate as few and safe intraday signals . One of the good w...

LIMITING YOUR WINNERS AND LETTING YOUR LOSERS RUN......

This is very common reason why the trading is a losing game for many people. This is the reason we are discussing this point in length. whatever is the trading strategy that a trader uses, it will have its share of losing trades. It depends entirely on you money management methods that will decide the success of trading career. In case you keep you stop loss large then you of course need more large winners or very few losers for making you on the positive territory. In case you keep very small stop losses then you could afford to have more losers and few winners which can be keep trailing for best gains. Now when the winning trade comes immediately after a losing trade there are 2 types of reactions. one may be that i should exit fast and make up loss and the other maybe let me remain till the end or when i get large targets to be in gains . In the first case the trader will just break even on the day and the second case since the trader gets greedy may even have to take a...

Search This Blog