Market Mantra: The Money Daily – October 9, 2015

Market Mantra

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Market Mantra   On the wings of a dove! Fine Friday start in store   The minutes of recent US Fed meet showed dovish signs. The US central bank was of the opinion that economy was close to warranting a rate hike but decided to rather wait for evidence that…

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Market Mantra: The Money Daily – October 8, 2015

Market Mantra

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Market Mantra   Another flat start; choppiness to remain   The Indian market has done well so far to continue its positive momentum. After gaining strength in the past six days, it is important for the Nifty to scale past the peak of 8,180. However, If Nifty fails to sustain…

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Buy Crude oil Mini at 3190 Target of 3480 & 3647 – Way2Wealth

Crude oil

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Source: Way2Wealth MCX Oct Crude oil; after a steep selloff from 4270 to 2650 levels, Oil prices have started inching higher from the lower levels in a V shape corrective mode. In this process its has developed a trend continuation chart pattern called as a “descending triangle” on daily charts…

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Market Mantra: The Money Daily – October 7, 2015

Market Mantra

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Market Mantra   Flat start; indices could face resistance   India could well retain its recently acquired status as the world’s fastest growing major economy says IMF which pegged India’s GDP estimate at 7.3%. Demand in India is projected to remain strong and growth will benefit from recent policy reforms,…

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Tata Communications: Strong data push – BUY

Tata Communications

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http://jmp.sh/O8sl5OrTata Communications (Tcom) remains the best way to play the global data growth in enterprise customers. In a meeting with us, company reiterated that data continues to remain on a strong wicket as a large part of base business increasingly displays annuity type characteristics; albeit quarterly revenues would remain prone…

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Market Mantra: The Money Daily – October 6, 2015

Market Mantra

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Market Mantra   Prosperity on the street for now! Another positive opening   Prosperity seems to be visiting the street for now even as indices are racing towards strong resistance zones. The Indian indices are on a roll and have outperformed almost all its global peers last week. US data…

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Buy MCX Copper For Target – 345/ 353 – Angel Commodities Pvt Ltd

Commodity

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MCX GOLD DECEMBER (CMP – 26,074 /$ 1,137) MCX Gold December as seen in the weekly chart above has opened the week with gap down at 26,929 levels and same day it made a weekly high of 26,954 levels. Later on prices could not able to sustain on higher levels…

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Sell NSE USDINR October between 66.10 – 66.20 Target – 65.40 / 65 – Angel Broking Pvt Ltd

NSE USDINR

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Source: Angel Broking Pvt Ltd NSE USDINR October (CMP – 66.08) NSE USDINR October as seen in the weekly chart above has opened the week with gap down at 66.4675 levels and at the starting of the week it made a high of 66.78 levels. Later on prices could not…

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Market Mantra: The Money Daily – October 5, 2015

Market Mantra

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Market Mantra   Monday morning moves! Gap-up opening in store   India remains a bright spot indeed and the World Bank has maintained the country’s growth forecast for the year. It’s a different matter that many are worried about the impact of the global slowdown on India. The South Asia…

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