Both traders and investors can profit in a bear market by using a few simple screeners to identify stocks that are likely to give them good returns
In the futures market, natural gas for January delivery touched an intraday high of Rs 193.60 and an intraday low of Rs 189.10 per mmBtu on MCX.
If the index slips below 10,550-10,530, it will be an ideal level to initiate short positions, experts told Moneycontrol
The short covering can take the Nifty50 back towards 11,350. However, 10780 should hold good in August provided there is no negative surprise from international markets.
The index is now inching towards key resistance level of 9900 and 10,000 and some bit of profit booking cannot be ruled out.
Way2Wealth has come out with its special report on Natural Gas. The research firm has recommended to buy MCX Natural Gas February above Rs 172 for the target of Rs 204 with a stop loss of Rs 158, in its research report dated February 11, 2015.
Angel Broking has come out with its special technical report on Dollar Index (DX). "Resistance could be seen at 82.00 levels and then final resistance will be observed at 83.50 levels. Prices can find support at 80.15 levels and below that strong support is seen at 79.20 levels", says the report.
Technically, the NSE is trading just above the daily relative strength index (RSI) of 30, which has been a strong support level since August.
John Woods says the beating experienced by the global markets on the back of weak China PMI data and US PMI data is not a fundamental worry overnight but a correction in the already overbought market.
Geojit Comtrade has come out with its report on agricultural commodities. The research firm has recommended to sell Jeera below Rs 12400, Refined Soy Oil below Rs 718 and buy Mentha oil on dips in its report dated November 11, 2013.
Geojit Comtrade has come out with its report on agricultural commodities. The research firm has recommended to buy RMSeed above Rs 3700, Dhaniya on dips and sell Jeera on pullbacks in its report dated October 14, 2013.
Angel has come out with its special technical report on Dollar Index ($ Index). According to the research firm, the trend in the Dollar Index (DX) is expected to be Up and the currency in is expected to touch levels of 84.00 to 84.50 by the fourth-quarter of the calendar year.
Angel has come out with its special technical report on Dollar Index ($ Index). According to the research firm, the trend in the DX (Dollar Index) is expected to be Up and the currency in our opinion is expected to touch levels of 84.00 to 84.50 by the fourth-quarter of the calendar year.
Way2Wealth has come out with its special report on NCDEX Chilli. According to the research firm one can buy NCDEX Chilli July above Rs 5745 levels for target of Rs 6150 and Rs 6315 with a stop loss of Rs 5530.
Geojit Comtrade has come out with its report on agricultural commodities. The research firm has recommended to sell Chana, Soybean on pullback and Turmeric below Rs 5720 in its report dated June 03, 2013.
Way2Wealth has come out with its report on commodities. According to the research firm one can sell MCX Silver July around Rs 44750 with a stop loss of Rs 45650 for price target of Rs 43000.
Way2Wealth has come out with its special report on NCDEX Chana. According to the research firm one can sell NCDEX Chana in the range of Rs 3250-3280 and look for a final exit at around Rs 2850.
Japanese Economy Minister Akira Amari responded to the fall by saying that investors should not overreact to stock market declines and repeated that economic policies would be pursued without anxiety in regard to recent stock market volatility.
The Aussie dollar has shed almost five percent in the past two weeks against the US dollar, hurt by signs of weakness in the Australian and Chinese economies, broad strength in the greenback and a continued fall in commodity prices. It is down roughly eight percent from where it traded in early April.
Geojit Comtrade has come out with its report on agricultural commodities. The research firm has recommended to sell Dhaniya, Chilli on pullback and buy Mentha Oil on dips in its report dated May 21, 2013.
IIFL is bullish on IDFC and has recommended to buy the stock above Rs 145 with a stop loss of Rs 142 for a target price of Rs 151, in its April 11, 2013 research report.
Geojit Comtrade has come out with its report on agricultural commodities. The research firm has recommended to buy Pepper above Rs 36200, Crude Palm Oil on dips and sell Kapas on pullbacks in its report dated April 08, 2013.
Nirmal Bang has come out with its technical report on CNX IT Index. According to the research firm, the Cnx IT Index is likely to outperform the Nifty Index. One can buy Infosys, TCS and HCL Technologies.
Last week, the BSE Sensex opened at 19860.97, attained a high at 19902.59 and fell to a low of 19414.80 before it closed the week at 19484.75 and thereby showed a net fall of 296 points on a week-to-week basis. Correction may continue with volatility, says Hitendra Vasudeo.