Market Mantra: The Money Daily – September 7, 2015

Market Mantra

Market Mantra   No mercy! Weak start to the week The Indian market remains at the mercy of global cues and for now there is nothing to really cheer up the indices. The losing streak has extended for four weeks and at best the damage could be less this week…

Continue reading

Copper prices are expected to trade lower today – Angel Commodities Pvt Ltd

Copper prices are expected to trade lower today

This gallery contains 1 photo.

Bullion Gold Spot gold prices rose by 0.5 percent on Tuesday to close at $1139.7 per ounce s the dollar and global equities dropped on fresh signs of economic weakness in China and uncertainty over the timing of the Federal Reserve’s first interest rate increase in nearly a decade. Activity…

Continue reading

Buy PTC India Ltd For Target Rs. 90 – Sharekhan

PTC India

This gallery contains 1 photo.

Source: Sharekhan Key points Post-correction PTC India valuation has turned attractive: In the recent market volatility, the stock price of PTC India has corrected by over 20% and more than accounts for the concerns related to a possible weak volume growth and risk associated with receivables from its key clientele,…

Continue reading

Market Mantra: The Money Daily – September 2, 2015

Market Mantra

This gallery contains 2 photos.

Market Mantra   Market on the Mat! Weak Wednesday in store   Buy in September may be part of an old market adage and the constant crashes may make stocks attractive but investors are shying away from equities world over as selling grips stock markets. The month of August saw…

Continue reading

EOD Review On 01-Sep-2015 : Calls for Next Trading Day

EOD Review

This gallery contains 1 photo.

My System Calls: 1) Levels to watch are 7896.35 and 7701.25 2) Sell Below 7883.05 SL 7914.05 TGT 7701.25, 7637.13, 7522.86 3) Buy Above 7945.05 SL 7914.05 TGT 8027.33, 8108.16 4) Supports/Resistances to Watch For :- 7522.86 7637.13 7717.96 7832.23 7913.06 8027.33 8108.16 Camarilla Calls: 1) Sell Below 7691.49 SL…

Continue reading

Buy Soya bean Around @ 3169 Target 3308/3354 – Way2Wealth

Soya bean

This gallery contains 1 photo.

Source: Way2Wealth   Silver After forming a temporary top at $15.66 levels, silver prices fell sharply towards $13.96 levels and resumed its bearish trend and finally settled at $14.57 levels on weekly charts. Overall view remains weak and a “bearish engulfing” candlestick pattern on weekly charts renders that the fall…

Continue reading

Buy nickel, sell lead – Sharekhan

nickel, sell lead

This gallery contains 1 photo.

Source: Sharekhan   Key points • Nickel market expected to tighten on producers cutting production and Indonesian nickel ore export ban • China’s nickel imports in July 20% higher than June as prices dip and destocking slows down • Nickel inventories in LME warehouses-stabilising after reaching record highs of 470,000…

Continue reading

Buy Yes Bank Ltd For Target Rs.1,075.00 – Religare Securities Ltd

Yes Bank

This gallery contains 1 photo.

Source: Religare Securities Ltd Concerns overblown; reiterate BUY YES’ share price has corrected ~35% from its Mar’15 peak and offers an attractive buying opportunity at current levels (1.7x FY17E PBV). Concerns over asset quality and forex borrowings are overblown, as we do not anticipate any negative surprises on NPA or…

Continue reading

Buy Silver @ 34300 Target 35000 – Sushil Finance

Buy Silver

This gallery contains 1 photo.

Gold Gold steadied on Monday, bouncing up from session lows as oil prices rallied and the U.S. dollar fell, after bullion felt earlier pressure on indications the Federal Reserve may still raise interest rates this year, despite recent market turmoil. Support from rallying oil prices came after spot gold fell…

Continue reading