Skip to main content

Software Intraday Trading System

By



EMP HAUNTS INDIA & TIGHT LIQUIDITY IN STOCK MARKET
       
After india’s massive Q 3 FY 2013 current account deficit (CAD) of 6.7 per cent of GDP, stock markets have rightly focused on the rupee as only left hope of reviving element.  Although CAD is expected to improve in the final quarter of FY 2013, partly due to seasonal effects, it is expected to re-widen through the remainder of the year.  The nifty happens to be range bound and technical analysis thus has become tough task without a perfect intraday trading software.  The best trading software only help to come out of choppy intraday trade in the stock market where nifty sees volatility of 100 points.  With the abundant DM liquidity and reduced tail risk, inflows have been sufficient to finance the CAD thus far, but we decided to take a look at exchange market pressure (EMP) to see rupee might be heading for another significant depreciation episode.  The online intraday software tracks this kind of development.  It has far reaching impact on commodity market too with commodity tips being clueless of next move.
        The RBI is also unlikely to intervene in the given situation for two reasons.  One, we currently expect short run depreciation pressures to abate and ultimately forecast INR/USD to end the year around 54.  Second, RBI doesn’t have sufficient resources to alter exchange rate fundamentals.  Stock market in general and nifty in particular, however expects RBI to intervene to give a direction to the market.  The trading strategy shall be also based on those factors.  The stock market now expects modest short run depreciation pressures and tight liquidity soon to be fade over.  Moreover, political instability / policy paralysis which could undermine foreign investors’ confidence in India’s reform momentum and the government’s capacity to address structural impediments to growth.

Visit Us : www.technotrades.biz 
Contact Us : +91-9958406102

Comments

Post a Comment

Popular posts from this blog

14 AUG NIFTY PERFORMANCE

By
THIS CHARTS SHOW THE INTRADAY PERFORMANCE OF NIFTY USING THE INTRADAY BUY SELL SIGNAL TRADING SYSTEM
Post a Comment
Read more

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

NIFTY AND STOCKS RESEARCH

By
Indian indices ended marginally higher at 5347.90, up by 27.50 points or 0.52%, market opened on the cautious note following the warnings from Fitch for a possible downgrade of India's credit rating and lack of positive cues from Asian peers. However, Market gained momentum in late trading hours after value buying in index heavy weights. Nifty has formed a big Bullish candle on daily charts closing almost at the high of the day, index holding its supporting trend line indicating that short term uptrend is still intact and Nifty finds buying support at lower levels. However, Nifty closed at tab below it major resistance zone of 5,360‐5,380. In the coming session, sustaining above the 5,380 mark will see follow up buying towards 5420‐5460. Failure to make headway above 5,360‐5,380 will see the index react lower towards the support placed around 5300. Trading strategy would be to Sell if market resist at 5,390 and Buy if support at 5,330. First resistance for the Nifty is 5,...
Post a Comment
Read more