Monday, December 30, 2013

Free Equity Trading Tips-Asian Stocks on Rise Today



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Indian markets are likely to trade in a range on Monday tracking positive trend seen in other Asian markets. The key support level for the index is placed at 6,274 levels. Asian stocks climbed on Monday, with Japan's Nikkei 225 Stock Average poised for its biggest annual gain since 1972, as the yen touched a five-year low versus the dollar. Key benchmark indices in China, Hong Kong, Indonesia, Japan, Taiwan, South Korea and Singapore were up 0.01% to 0.92%.
China’s Shanghai Composite was flat at 2,101.71.
Hong Kong’s Hang Seng added 0.35 percent or 80.66 points at 23,323.90.
Japan’s Nikkei rose 0.33 percent or 52.91 points at 16,231.85.
Singapore’s Straits Times jumped 0.39 percent or 12.18 points at 3,161.94.
South Korea’s Seoul Composite was flat at 2,001.96.
Taiwan’s Taiwan Weighted gained 0.54 percent or 45.98 points at 8,581.02.

Top Stocks in News Today for Trading

  • IDBI Bank
  • State bank of India
  • United Spirits Ltd
  • Reliance Industries Ltd
  • NTPC Ltd
  • Power Grid Ltd
  • ONGC
  • Idea Cellular Ltd
  • Canara Bank
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Friday, December 27, 2013

Nifty Edged Higher and Bank Stocks Up


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Nifty Edged Higher

The Nifty began the new series on a positive note and touched psychological 6,307.65 level as foreign institutional investors remained buyers across the board. The CNX Nifty was up 28.20 points or 0.45% to 6,307.10. The index hit a high of 6,307.65 in intraday trade. The index hit a low of 6,289.40 in intraday trade.

The market breadth, indicating the overall health of the market, was strong. On BSE, 749 shares gained and 226 shares fell. A total of 28 shares were unchanged.
Bank stocks edged higher in early trade. AXIS Bank extended Thursday's gains triggered by the government's decision to clear a proposal of the bank for increase in foreign investment ceiling in the bank to 62% from 49%.

Intraday traders or people who participate in intraday trading, need tips to buy stocks at low price and sell them at a high price within the same day, getting good profits. Intraday tips cannot be used in tomorrow's trading since the charts may show a different story by then.

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Tuesday, December 24, 2013

Equity Cash Tips and Stock Market Updates



Asian shares were trading higher taking cues from overnight rally on Wall Street. U.S. stocks reached all-time highs after Apple Inc's distribution deal with China Mobile lifted the technology sector. Asian stocks gained on Tuesday after data showed the US economic recovery gaining momentum.
Asian Stocks indices - China, Hong Kong, Japan, Taiwan, Singapore and South Korea rose 0.06% to 0.84%. In Indonesia, Jakarta Composite was off 0.18%.

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Among banks
ICICI Bank climbed 0.55 percent to USD 36.56 per ADR
HDFC Bank rose 1.35 percent to USD 34.57.
Technology space
Infosys was down 0.21 percent to USD 56.88
Wipro gained 0.96 percent to USD 12.61.
Among others
Tata Motors rose 0.72 percent to USD 30.57
Dr Reddy’s Labs soared 0.17 percent to USD 40.96.
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Friday, December 20, 2013

Equity Tips - Stocks Market in Action Today



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Indian Equity markets started saw a gap up opening but market dint hold gains for a long time, as day progressed markets witness profit booking on fears that Fed tapering, which will begin in January, may impact inflow of overseas money. Banking and Capital goods saw some pain in today's trading session. IT and Healthcare provided some respite to market and ended higher by more than 1%. Now we have outcome of two major events one was RBI policy and Second was Fed weather it will do tapering or not.

Nifty will be in this range of 100-200 with volatile swings. For Nifty to see a trending move Nifty needs to close above 6350 on weekly basis or else close below 6050 on weekly basis. For intraday, Nifty has strong support around 6130 on downside and next support is around 6095. On upside Nifty has 6220-6245.

The market maintained its northward journey supported by oil and gas, banks, technology and auto stocks. The Sensex climbed 90.79 points to 20,799.41, and the Nifty rose 24.90 points to 6,191.55 while the broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.7 percent each. More than two shares advanced for every share falling on the BSE.

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Monday, December 16, 2013

Asian & Metal Stocks Declines before Fed Reserve Meeting



Asian stocks fell for a fourth day, poised for a three-month low, after a gauge of Chinese manufacturing fell and as investors awaited a Federal Reserve meeting starting tomorrow to gauge the timing of stimulus cuts. Asian shares were trading lower ahead of the crucial US Federal Reserve meet. Key benchmark indices in South Korea, Taiwan, Hong Kong, China, Singapore, Japan and Indonesia fell by 0.02% to 1.43%.US stocks closed flat to slightly higher on Friday after a choppy session as investors looked toward a Federal Reserve meeting that could start the curtailment of the Fed's equities-boosting stimulus program.

Metal and mining stocks extended their recent losses as latest economic data showed that growth in China's manufacturing-sector activity slowed to three-month low. China is the world's largest consumer of copper and aluminum. Growth in China's manufacturing-sector activity is slowing to three-month low, initial results from HSBC's monthly survey showed today, 16 December 2013.

  •  Jindal Steel & Power (down 2.1%),
  • Sail (down 0.07%),
  • JSW Steel (down 0.15%),
  • Tata Steel (down 0.2%),
  • Hindalco Industries (down 1.31%),
  • Hindustan Zinc (down 1.21%),
  • NMDC (down 1.52%) 
  • National Aluminum Company (down 0.13%) and
  • Hindustan Copper (down 0.09%) declined

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