Skip to main content

Nifty Live Chart | Nifty Chart

By


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
Contact Us : +91-9958406102

Comments

Post a Comment

Popular posts from this blog

NIFTY AND STOCK MARKETS MORNING OUTLOOK 8TH AUG

By
August 08, 2012 -Daily Morning Outlook- Markets at a Glance A gap up opening is likely on the cards for the Indian indices today tracking positive Asian mar-kets. Meanwhile Asian shares are trading higher today, extending their sharp rally for the third straight day, on heightened expectations that central banks in the US and Europe may take immediate actions to boost their respective economies. Japan's Nikkei 225 leading the surge to test the psychological 9,000 level, powered by exporters buoyed by expectations of fresh stim-ulus measures from central banks, boost risk appetite. In the absence of any economic data, investors are eyeing the key data from China to be released on Thursday, including industrial production, retail sales and inflation, to gauge the health of the world’s second-largest econo-my. The SGX Nifty, Aug’12 contract last traded at 5,370, up by 30 points from previous session. Wall Street Update The US markets continued their gaining streak for the third...
Post a Comment
Read more

You must win the BATTLE WITHIN YOURSELF first, before you can win in the markets.

By
You must win the BATTLE WITHIN YOURSELF first, before you can win in the markets. This is the primary lesson that you will learn in you trading career. Initially when a intraday trader enters the markets he is bombarded with so many emotional turbulence. Some times he will struggle for the best intraday trading software . Other times he will struggle to take all the trades. Some times he will start doing positional trading since he feels all the big moves are in positional trades. sometimes he will totally avoid the positional trades and do intraday. sometimes he will do only intraday thinking that he needs to sleep peacefully and not get affected by news. In intraday sometimes he will do on medium time frame where he will be hit with big stops and sometimes will do scalping so that that loses are small but then he realizes that the gains are not big enough.This struggle forms major emotional character of any starting intraday trader. Once you get into that mindset that what are you...
Post a Comment
Read more

Nifty Intraday Trading

By
Nifty index is defined as an index that representing 50 stocks on the stock market. Nifty index is used in the measurement various index funds, bank portfolios and index based derivatives. Intraday trading is considered to be a crucial tool in the trading market and different marketing strategies of various capital goods and assets. Intraday is used to indicate the highs and lows of different assets and goods in the markets of stock exchange. Moreover, the price chart is used to indicate the various time intervals between trading, selling and buying. Nifty intra day tips are very helpful and effective in order to buy and sell of stocks of different companies that are under the category of nifty. A common and popular nifty intra day tip is the regular pivot and momentum plan. This is the best strategy that it takes the main advantage of the nifty index of any trading day. The profits or revenues can be maximized and losses can be minimized during the phenomenon of trading. In vari...
Post a Comment
Read more