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

Intraday Software | Nifty Intraday Software | Nifty Intraday Tips

By
The business of day trading is extremely risky. You either gain or lose thousands of dollars within a matter minutes. That's why it is very important that you invest in a powerful day trading software. Day trading software will give you the platform you need to do instant market research and make fast trades that can make you a nice profit. As I am sure you know, there are many day trading softwares on the market. Some are good and some are well, not so good. Below you will find the top 6 things you should look for when researching a day trading software. Remember that day trading in and of itself is very complex. Therefore the software that you will be using will be complex as well. Just make sure it is the software that works best for you. 1 - Training If you are new to day trading, it is important that use a software that offers some sort of training. The more the merrier. Look for a software that offers forums and blogs that you can access on a regular basis. 2 - Charting Tool...
Post a Comment
Read more

Tracking Nifty for the

By
The Indian benchmarks ended on a weak note on March 13, 2013, when they closed near to the low point of the day. There was liquidation of long positions by traders as there was no follow up buying support from institutions. Again conflicting economic indicators is keeping investors on the tenterhooks. Industrial output in January was better than expected at 2.4 percent, but consumer inflation continued to be above 10 percent, underscoring the problems in the economy. Investors also refrained from taking aggressive positions ahead of the Reserve Bank of India's mid-quarter policy review scheduled next week. These led the Sensex to close at the level of 19362.55 i.e. down by 202.37 points and the Nifty to close at the level of 5851.2 i.e. down by 62.90 points. The midcap index and the small-cap index closed in red with the loss of one percentage point and one and a quarter of a percentage point respectively. On the sectoral front, all the indices, excepting one sectoral i...
Post a Comment
Read more

FII DII ACTIVITY 13 AUG

By
FII trading activity on NSE and BSE FII trading activity on NSE and BSE on Capital Market Segment The following is combined FII trading data across NSE and BSE collated on the basis of trades executed by FIIs on 13-Aug-2012 FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII 13-Aug-2012 2020.01 1680.25 339.76 Domestic Institutional Investors trading activity on NSE and BSE on Capital Market Segment The following is combined Domestic Institutional Investors trading data across NSE and BSE collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System on 13-Aug-2012 DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 13-Aug-2012 701.28 877.62 -176.34 The data is based on today's activity compiled on the basis of trading codes entered by trading members at the time of orde...
Post a Comment
Read more