• posted by IMV |
  • 03/10/2018

 Nifty Support at 10800 and resistance at 11100 Expect to trade in a range.... Weekly close below 10800 will take to 10600---10450 and then to 10000 mark in days to come Fresh upside rally will see on close above 11100 mark Bank Nifty Support at 24850 and Resistance at 25700 Looks weak and could test its support level of 24850 mark. More and more downside panic will see on close below 24850 else it...

  • posted by IMV |
  • 03/10/2018

Gold trader higher on bourses amid soften in dollar gains. The rise in U.S. 10-year bond yield supported the correlation and in turn supported gold prices at lower levels. The safe-haven metal got a boost on concerns surrounding Italy's plans to tackle budgetary deficit. Italy’s government targets for the budget deficit to fall to 2.2 percent of gross domestic product in 2020 and to 2 percent in 2021 from an expected 2.4 percent next...

  • posted by IMV |
  • 03/10/2018

Soon we will provide fresh update on Nifty 👉     Today’s Performance... Not a good day. Roller coaster kills today ➡   Intraday Future... Recovered nicely... Gain of more than 7000/- Indian Bank  From 256---263 Gain of 14000 DHFL  From 329---334.50 Gain of 8000/- HCL tech  From 1106--1085  Loss of 15000/-...

  • posted by IMV |
  • 03/10/2018

Fundamental Aspect: Chana future price settled higher due to short covering noticed from the market participants on expectation the government may extend import curbs on all varieties of peas by 3 months till the end of December to support prices. However, good supplies in the physical market are keeping prices in a range. Government is likely to increase export chana (Bengal gram / Chickpea) to 15% from 7%.  Jeera...

  • posted by IMV |
  • 04/10/2018

Economic Times ● As rupee hits new lows, RBI eases overseas borrowing norms for oil companies ● Cabinet hikes wheat MSP by Rs 105 per quintal for 2018-19 ● Ericsson row: RCom says relief from TDSAT, can proceed with spectrum sale without bank guarantee ● Sensex crashes 550 points, Nifty settles at 10,858 dragged by auto, IT stocks ● Govt’s rescue of IL&FS may spell major losses for lenders...

  • posted by IMV |
  • 04/10/2018

RBI MPC begins 3-day meet, may raise rate by 25 bps to counter impact of rising oil prices on inflation The Indian rupee fell sharply to hit a new low against the US dollar, amid a surge in global crude prices. The government is mulling a special NRI deposit scheme to boost dollar inflows. A top government official stated earlier that if needed the government could raise funds through foreign currency non-repatriable (FCNR)...