Showing posts with label forex market updates. Show all posts
Showing posts with label forex market updates. Show all posts

Friday, March 20, 2015

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Free Tips And Stock Market News For 20 March 2015


Stock Market News: Gold futures increased in the domestic and overseas market on Thursday as investors continued to ponder Federal Reserve tea leaves on the prospects of a rate increase by June. Prices increased after somewhat dovish comments from Federal Reserve chair Janet Yellen regarding a potential interest rate increase helped the precious metal regained from an extended slump. Further, weaker dollar boosted the desired for gold as an alternative asset, trimming losses in the bullion. Weaker greenback makes gold cheaper for those holding other currencies, thus boosting desired. Gold may trade on a higher note today after the US Fed policy meet. At MCX, Gold futures for April 2015 contract ended at Rs 25,962/10 gram, upward by 1.28 % after opening at Rs 25,740, against the last ending price of Rs 25,637. It touched the intra-day max of Rs 25,997 till the ending.

ULTRA FUTURES
ULTRA FUTURE: SELL KOTAK BANK BELOW 1312 TGTS 1302/1288 SL 1322

EQUITY TIPS
CASH: BUY SINTEX ABOVE 123.30 TGTS 124.30/126.30/131.30 SL 121.80

NIFTY BONANZA
NIFTY BONANZA: KINDLY EXIT BANK NIFTY BUY CALL SL TRIGGERED

NIFTY FUTURES
NIFTY BONANZA: KINDLY EXIT BANK NIFTY BUY CALL SL TRIGGERED

STOCK OPTIONS
OPTION: BUY IDEA 175 CALL ABOVE 5.30 TGTS 5.80/6.55/7.80 SL 4.55

ULTRA EQUITY
ULTRA CASH: BUY NAUKRI ABOVE 841 TGTS 849/859 SL 831

ULTRA FUTURES
ULTRA FUTURE: SELL AXIS BANK BELOW 557.50 TGTS 552.50/545.50 SL 562.50

EQUITY HNI
EQUITY HNI: BUY TORNTPHARMA ABOVE 1161 TGTS 1172/1186 SL 1147

ULTRA OPTIONS
ULTRA OPTION: BUY IDFC 170 CALL ABOVE 1.70 TGTS 2.70/4.70 SL 0.70

ULTRA EQUITY
ULTRA CASH: SIEMENS BUY CALL HIT 1ST TGT 1375 HIGH OF 1377.10 BOOK PART PROFIT

ULTRA EQUITY
ULTRA CASH: BTST BAJAJFINSV HIT FINAL TGT 1500 HIGH OF 1557.65 BOOK FULL PROFIT

ULTRA EQUITY
ULTRA CASH: BUY SIEMENS ABOVE 1360 TGTS 1375/1400/1425 SL 1350

Chana prices closed lower by 0.44 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states. At NCDEX chana futures for April 2015 contract ended at Rs. 3,609/quintal, downward by 0.44 %, after opening at Rs. 3,628 against the previous closing price of Rs. 3,625. It touched the intra-day low of Rs. 3,595.

Maize prices closed higher by 0.23 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the demand from exporters and poultry industries. At NCDEX, Maize futures for March 2015 contract ended at Rs. 1,327/quintal, upward by 0.23 %, after opening at Rs. 1,360 against the last ending price of Rs. 1,324. It touched the intra-day high of Rs. 1,360

Barley prices closed lower by 0.6 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the demand from beer and cattle-feed makers. At NCDEX, barley futures for April 2015 contract closed at Rs. 1,153.5 per quintal, down by 0.6 per cent, after opening at Rs. 1,159.5 against the previous closing price of Rs. 1,160.5. It touched the intra-day low of Rs. 1,144.5.

Jeera prices closed higher by 0.55 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At NCDEX, jeera futures for March 2015 contract closed at Rs. 14,590 per quintal, up by 0.55 per cent, after opening at Rs. 14,680 against the previous closing price of Rs. 14,510. It touched the intra-day high of Rs. 14,680.

Mustard Seed prices closed lower by 0.21 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At NCDEX Mustard Seed futures for April 2015 contract ended at Rs. 3,382/quintal, downward by 0.21 %, after opening at Rs. 3,396 against the last closing price of Rs. 3,389. It touched the intra-day low of Rs. 3,402.

Crude oil futures increased in the domestic market on Thursday as investors awaited an industry rig count estimate in the U.S. Speaking to reporters in Kuwait City. Crude oil may fall today on account of the recent EIA data which threatens to worsen a global oversupply. At MCX, Crude oil futures, for the March 2015 contract, ended at Rs 2,706/barrel, upward by 1.50 %, after opening at Rs 2,673, against the previous close price of Rs 2,666. It touched an intraday high of Rs 2,754 till the ending.

About Forex News
Rupee gains profit for the 4th day vs Dollar, upward by 17 paise
The Indian rupee today appreciated by 17 paise to close at 62.52 against US dollar after the Federal Reserve's pacifist instance on rates eased discharge concerns. Persistent selling of dollars by banks and exporters due to weakness of dollar in the overseas market also helped the domestic currency close the day bigger. The Indian rupee rupee continues higher at 62.38/dollar as against the last ending level of 62.69/dollar at the Interbank Foreign Exchange (Forex) Market. It firmed upward further to 62.35/dollar on the initial heavy selling of dollars from banks and exporters.

About Derivatives News
Nifty futures opened Gap upward at 8765.50 with +60.80 points from the last day ending at 8704.70. From the morning we saw constantly selling in Nifty Futures, Nifty Futures opened with day maximum of 8815.00 and slided downward, near ending of the market Nifty traded with day low-lying of 8752.60 but at the end Nifty moved and ended positive at 8770.10 with +0.75%, +65.40 points upward. And the full day Nifty Index traded between 8815.00 to 8752.60. At the end of the day Nifty futures Gained profit of 0.69%, +60.30 points upward to end at +8765.00 from the last day closing at 8704.70 with premium of 130.35 points and percent change in open interest of +2.55%.

Thursday, March 19, 2015

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Stock Market News and Free Tips for 19 March 2015


Stock Market News: Gold futures increased in the domestic and overseas market on Wednesday as the US dollar weakened following comments from Federal Reserve chair: Janet Yellen. While Ms. Yellen specified that its benchmark Federal Funds Rate could be raised later this year, she highlight that it will not occur until after the Federal Open Market Committee’s in upcoming meeting in April, at the earliest. A weaker dollar boosted the desired for gold as an alternative asset, cutting losses in the bullion. Weaker greenback makes gold cheaper for those holding other currencies, thus booming desired. Gold may trade on a bigger note today after the US Fed policy meet. At the MCX, Gold futures for April 2015 contract ended at Rs 25,637/10 gram, upward by 0.08 % after opening at Rs 25,631, against the last ending price of Rs 25,617. It touched the intra-day max of Rs 25,697 till the ending.

Stock Market Tips
STOCK FUTURES 
FUTURE: LUPIN HIT 2ND TGT 1929.50 HIGH OF 1929.85 BOOK MORE PROFIT 

ULTRA FUTURES 
ULTRA FUTURE: SELL COLGATE PALMOLIVE (COLPAL) BELOW 2050 TGTS 2030/2002 SL 2070 

EQUITY HNI 
EQUITY HNI: SELL PVR BELOW 709 TGTS 700/685 SL 719 

EQUITY HNI 
EQUITY HNI: BOOK MINOR PROFIT IN BAJAJFINSV BUY CALL AND EXIT 

NIFTY BONANZA 
NIFTY BONANZA: SELL BANK NIFTY BELOW 19390 TGTS 19310/19210 SL 19490 

ULTRA OPTIONS 
ULTRA OPTION: BUY HDIL 115 PUT ABOVE 3 TGTS 3.50/5 SL 2.50 

STOCK FUTURES 
FUTURE: LUPIN HIT 1ST TGT 1919.50 HIGH OF 1923 

STOCK FUTURES 
FUTURE: LUPIN ALMOST HIT 1ST TGT 1919.50 HIGH OF 1919 BOOK PART PROFIT AT CMP 

NIFTY FUTURES 
NIFTY: SELL NIFTY BELOW 8795 TGTS 8775/8745 SL 8820 

ULTRA OPTIONS 
ULTRA OPTION: APOLLOTYRE 170 CALL MADE A HIGH OF 4.30 NEAR TO OUR 1ST TGT BOOK PART PROFIT AND REVISE SL AT COST 

STOCK FUTURES 
FUTURE: BUY BHEL ABOVE 261.60 TGTS 263.10/265.60/269.10 SL 259.60 

EQUITY TIPS 
CASH: BUY UBL ABOVE 1000 TGTS 1008/1018/1028 SL 990 

OPTIONS HNI 
OPTION HNI: BUY ADANIPOWER 50 CALL ABOVE 1.65 TGTS 2/3 SL 1.25

Chana prices closed lower by 0.44 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states. Chana futures for April 2015 contract ended at Rs. 3,628/quintal, downward by 0.44 %, after opening at Rs. 3,645 against the previous closing price of Rs. 3,644. It touched the intra-day low of Rs. 3,606.

Barley prices closed lower by 1.19 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the demand from beer and cattle-feed makers. At the NCDEX, barley futures for April 2015 contract closed at Rs. 1,159 per quintal, down by 1.19 per cent, after opening at Rs. 1,172 against the previous closing price of Rs. 1,173. It touched the intra-day low of Rs. 1,155.

Maize prices closed higher by 0.76 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the demand from exporters and poultry industries. NCDEX maize futures for March 2015 contract ended at Rs. 1,325/quintal, upward by 0.76 %, after opening at Rs. 1,325 against the previous closing price of Rs. 1,315. It touched the intra-day high of Rs. 1,325

Mustard seed prices closed higher by 0.27 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. Mustard seed futures for April 2015 contract ended at Rs. 3,390/quintal, upward by 0.27 per cent, after opening at Rs. 3,377 against the previous closing price of Rs. 3,381. It touched the intra-day high of Rs. 3,397.

Jeera prices closed lower by 1.19 per cent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export desired. NCDEX, jeera futures for March 2015 contract ended at Rs. 14,540/quintal, downward by 1.19 %, after opening at Rs. 14,655 against the previous closing price of Rs. 14,715. It touched the intra-day low of Rs. 14,400. Global output of Jeera is about 2.2 lakh MT/year, of which India produces around 1.5 lakh MT/year.

Copper futures closed lower in the domestic market on Wednesday as mounting concerns over the health of China's property sector moistened appetite for the red metal. Copper prices may decline as traders keep an eye on upcoming global data. At the MCX, Copper futures for April 2015 contract ended at Rs. 358.30/1 kg, downward by 2.89 % after opening at Rs. 367.15 against the last ending price of Rs. 368.95. It touched the intra-day low of Rs. 357.30 till the ending.

Crude oil futures fell in the domestic market on Wednesday after US crude oil inventories rose more-than-expected last month, official data showed on Wednesday signaling weak demand in US which reduced the demand prospects for the fuel. In a report, Energy Information Administration said that US Crude Oil Inventories rose to a seasonally adjusted annual rate of 9.622M, from 4.512M in the previous month. Sentiment weakened further after Property prices fell again in most major Chinese cities in February indicating weak sentiment in the region which further reduced the demand outlook for the fuel. Crude oil may fall today on account of the recent EIA data which threatens to worsen a global supply glut. At MCX, Crude oil futures, for the March 2015 contract, ended at Rs 2,666/barrel, downward by 3.37 %, after opening at Rs 2,752, against the last close price of Rs 2,759. It touched an intraday low-lying of Rs 2,643 till the ending.

About Forex

Rupee rises to 2- week maximum 
The rupee strengthened to its biggest level in 2 weeks on Thursday after a peaceful Fed statement, but further profit gains will depend on foreign fund flows into equity markets during the day. The U.S. Federal Reserve on Wednesday raised a step closer to increasing rates for the first time since 2006, but degraded its economic growth and expansion projections, signalling it is in no rush to push borrowing costs to more normal levels.

Wednesday, March 18, 2015

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Mcx Commodity Updates and Stock Market Free Tips for 18 March 2015

Stock Market News: Crude oil futures increased in the domestic market on Tuesday as investors and speculators booked fresh positions in the energy commodity as a weaker dollar boosted the demand for oil as an alternative asset. Weaker greenback makes crude cheaper for those holding other currencies, thus boosting demand. However, the gains in the fuel were curbed by an uptick in US oil stockpiles last week which signaled a weakening demand for the fuel in the world’s biggest crude consumer. US crude supplies climbed 10.5 million barrels last week, the American Petroleum Institute (API) said.

Further, US housing starts plunged at the sharpest pace since 2011 last month, signaling a faltering housing market recovery in the world’s biggest economy, dimming the demand outlook for the fuel. Starts fell 17 per cent to an annualized rate of 897,000 in February 2015 from the previous month. Crude oil may fall today ahead of EIA data which may show that US stockpiles surged to a fresh record last week, threatening to worsen a global supply glut. At the MCX, Crude oil futures, for the March 2015 contract, closed at Rs 2,759 per barrel, up by 0.66 per cent, after opening at Rs 2,754, against the previous close price of Rs 2,741. It touched an intraday high of Rs 2,782 till the closing.

Stock Market Free Tips

NIFTY FUTURES 
NIFTY: BANK NIFTY BUY CALL HIT 1ST TGT 19130 HIGH OF 19159.09 CMP 19152 

STOCK OPTIONS 
OPTION: IDEA 175 CALL HIT 1ST TGT 7 HIGH OF 7.10 BOOK PART PROFIT 

NIFTY FUTURES 
NIFTY: BANK NIFTY BUY CALL MADE A HIGH OF 19125 NEAR TO OUR 1ST TGT 19130 BOOK PART PROFIT AND REVISE SL AT COST 

NIFTY OPTIONS 
OPTION: NIFTY 8500 CALL HIT 1ST TGT 242 HIGH OF 243.70 BOOK PART PROFIT 

ULTRA FUTURES 
ULTRA FUTURE: BUY ASIAN PAINTS ABOVE 832.50 TGTS 837.50/844.50 SL 827.50 

NIFTY FUTURES 
NIFTY: REVISION BUY BANK NIFTY ABOVE 19090 (CMP-19081) TGTS 19130/19190 SL 19040 

NIFTY OPTIONS 
OPTION: BUY NIFTY 8500 CALL ABOVE 232 TGTS 242/257/282 SL 217 

ULTRA FUTURES 
ULTRA FUTURE: BUY LUPIN ABOVE 1890 TGTS 1900/1914 SL 1880 

STOCK FUTURES 
FUTURE: BUY RELIANCE INFRA ABOVE 461 TGTS 464/469/476 SL 457 

EQUITY HNI 
EQUITY HNI: TATA ELXSI BUY CALL HIT 1ST TGT 1212 HIGH OF 1216.90 BOOK PART PROFIT 

STOCK OPTIONS 
OPTION: BUY ADANIPORTS 310 CALL ABOVE 14.50 (CMP-14.15) TGTS 15.50/17/19.50 SL 13 

ULTRA EQUITY 
ULTRA CASH: SIEMENS BUY CALL HIT 1ST TGT 1422 BOOK PART PROFIT 

EQUITY HNI 
EQUITY HNI: BUY TATAELXSI ABOVE 1208 (CMP-1207) TGTS 1220/1250 SL 1196 

STOCK FUTURES 
FUTURE: SELL JUBILANT FOOD BELOW 1560 TGTS 1554/1544/1530 SL 1568

Gold futures fell in the domestic and overseas market on Tuesday as investors and speculators exited positions in the precious metal amid caution ahead of the outcome of the US Federal Reserve’s two-day policy meet on Wednesday in which the world’s top central bank is expected to offer some cues over when it plans to start hiking short-term borrowing costs for the first time since 2006. Investors are fretting that the FOMC may drop the word “patient” from its statement, which would signal a clear readiness to raise interest rates in the near-future, and that may adversely impact the bullion’s demand as a store of value. However, a weaker dollar boosted the demand for gold as an alternative asset, trimming losses in the bullion. Weaker greenback makes gold cheaper for those holding other currencies, thus boosting demand. Gold may trade on a subdued note today as investors await the Fed policy decision. At the MCX, Gold futures for April 2015 contract closed at Rs 25,617 per 10 gram, down by 0.64 per cent after opening at Rs 25,721, against the last ending price of Rs 25,783. It touched the intra-day low-lying of Rs 25,521 till the ending.

Natural Gas futures soared in the domestic and overseas market on Tuesday as investors and speculators booked fresh positions in the energy commodity as forecasts of a cold blast to hit the US Northeast region later in the week bolstered the demand outlook for the heating fuel. Latest weather forecasting models called for extremely cold weather including rain and snow to hit the northern US through March 23, 2015. At the MCX, Natural Gas futures for March 2015 contract closed at Rs 178.50 per 1 kg, up by 4.20 per cent after opening at Rs 172.40, against the previous closing price of Rs 171.30. It touched the intra-day high of Rs 179.40 till the closing.

Zinc futures ended bigger in the domestic market on Tuesday as investors and speculators booked fresh positions in the industrial metal after German investor confidence climbed in March, signaling a pickup in Europe’s biggest economy, lifting the demand outlook for zinc. The gauge measuring German investor confidence rose to 54.8 in March from 53 in February, ZEW said. A pickup in physical desired for zinc in the domestic spot market also boosted zinc futures. At the MCX, Zinc futures for March 2015 contract closed at Rs 126.70 per 1 kg, up by 0.48 per cent after opening at Rs 125.90, against the last ending price of Rs 126.10. It touched the intra-day maximum of Rs 127.05 till the ending.

Chana prices closed lower by 1.09 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the steady sowing progress of pulses along with high supplies in major producing states. Chana futures for April 2015 contract ended at Rs. 3,645 per quintal, down by 1.09 per cent, after opening at Rs. 3,669 against the previous closing price of Rs. 3,685. It touched the intra-day low of Rs. 3,601. Maize prices closed higher by 1.07 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of a rise in the demand from exporters and poultry industries. Maize futures for March 2015 contract ended at Rs. 1,318 per quintal, up by 1.07 %, after opening at Rs. 1,315 against the last ending price of Rs. 1,304. It touched the intra-day maximum of Rs. 1,320

Mustard Seed prices closed lower by 0.85 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. Mustard Seed futures for April 2015 contract ended at Rs. 3,375/quintal, down by 0.85 per cent, after opening at Rs. 3,400 against the last ending price of Rs. 3,404. It touched the intra-day low of Rs. 3,372

Barley prices closed lower by 1.84 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors booked profits at the higher on account of the weak physical markets and also due to the fall in the demand from beer and cattle-feed makers. At the NCDEX, barley futures for April 2015 contract closed at Rs. 1,174 per quintal, down by 1.84 per cent, after opening at Rs. 1,188 against the previous closing price of Rs. 1,196. It touched the intra-day low of Rs. 1,162.5.

Jeera prices closed lower by 3.36 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand. At the NCDEX, jeera futures for March 2015 contract closed at Rs. 14,630 per quintal, down by 3.36 per cent, after opening at Rs. 14,780 against the previous closing price of Rs. 15,035. It touched the intra-day low of Rs. 14,530.

About Forex News

The rupee closed the day at 62.76 against the US currency at the Interbank Foreign Exchange on increased selling of the American currency by banks and exporters amid lower dollar value overseas on listless US manufacturing data. Forex dealers said assisted capital arrivals and a bigger opening of the domestic equity market boosted the rupee sentiments. Yesterday, the rupee had gained profit of 16 paise to closed at 62.81 against the American currency on fresh selling of dollars.

Get More Updates: Stock Market News

Thursday, February 19, 2015

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Mentha oil prices increased by 0.13 %

Mentha oil prices increased by 0.13 % on Thursday at the Multi Commodity Exchange (MCX) due to compact stocks position in the physical market due to restricted arrivals from producing belts. Sentiment recovers further as traders engaged in creating positions on account of good desired from consuming industries and lower arrivals from Chandausi. Mentha oil futures for February 2015 contract, at MCX, were trading at Rs. 751.00/kg, upward by 0.13 % after opening at Rs. 750.10 against the last ending price of Rs. 750.00. It touched the intra-day max of Rs. 754.60 till the trading.

Saturday, February 14, 2015

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Forex Tips For 16 February 2015

Forex Tips

Rupee gains profit, still up by 14 paisa vs dollar 
The rupee pared its early gains profit, but was still bigger by 14 paise against the US dollar at Rs 62.14 in late morning trade today on sustained bouts of dollar selling by banks and exporters. The domestic currency continued bigger at 62.14 as against yesterday's end of 62.31 at the Interbank Foreign Exchange market here. It further strengthened to Rs 62.05 on good bouts of dollar selling from banks before quoting at its opening level of 62.14 at 1100 hours. The local currency levitate in a range of 62.17 to 62.05 per dollar during late morning trade.

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