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

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

COMMODITY TRADING

By
Commodity trading is, in fact, another way to invest where traders buy and sell commodities.  Commodities are any good, of high value, to a large group of people. Commodities are consistently produced by a large number of manufacturers to fulfil the needs of entire populations.  Commodities are considered resources and generally have a wide range of uses.  As for example, commodity includes items like oil, wheat, metals and non-metallic products etc.  Trading in commodity be it intraday or for delivery, is separate from the trading of other securities. Moreover, there are separate exchanges for commodity trading.  There are exchanges available all over the world, dealing in trading of commodity and investors don’t limit themselves to just one exchange.  Investors remain bestowed with freedom to trade any of the exchanges.  The market worldwide generally behaves based on pattern, so investors keep track of such price index to decide to enter into the...
Post a Comment
Read more

Day Trading Software - Does This Really Work

By
By  Peter Skotnicky Can day trading software be an invaluable tool when it comes to choosing profitable stocks? Exploring this somewhat new technology may help with selecting the smart trade. Day trading software can give you an extra advantage to choosing the right trades. By using algorithms, the software helps choose the stocks that will be the most profitable. If this is a new concept for you as with most people when it comes to day trading, here are a few basics. The trade day starts at 8 a.m. and is over at 4 p.m. Eastern Time. Since most people would like to know what is happening on the stock market before they begin trading, this is where the software comes into the picture. Choose a style that delivers the most important aspects to you before the trade day begins. News feeds and analysis of the best choices is extremely important. The stock market is complicated and figuring out what all the charts mean is nearly impossible for a newcomer. If you want to know ...
Post a Comment
Read more