Showing posts with label Intraday Trading Formula. Show all posts
Showing posts with label Intraday Trading Formula. Show all posts

Sunday, 23 September 2018

AsianShares wobble as China halts trade talks with US; oil rallies- Sai Proficient

Asia shares eased in holiday-thinned trading on Monday and the safe haven yen gained as China canceled upcoming tariff talks with the United States, while oil prices jumped after top producers including Russia ruled out boosting crude output.


MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent. Australian shares fell 0.25 percent and New Zealand’s benchmark index faltered 0.6 percent.

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Thursday, 20 September 2018

AsianStocks extend recovery as trade worries take back seat- Sai Proficient

Asian stocks extended gains on Friday after Wall Street’s S&P 500 set a new all-time high, while the #dollar slipped as investors viewed Beijing’s and Washington’s fresh exchange of import tariffs as less harmful than initially feared.


MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2 percent in early trade, extending the recovery from its 14-month low hit on Sept. 12 to 3.6 percent.

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Wednesday, 19 September 2018

BSE, NSE shut on September 20 on account of Muharram- Sai Proficient

Leading stock exchanges, BSE and the National Stock Exchange (NSE) are shut on September 20, 2018 on account of Muharram.

There will be no trading in the equity market. Along with it, all wholesale commodity markets, including those of metals and bullion, are closed.


Forex and commodity futures markets will also not conduct any kind of trading.

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Tuesday, 18 September 2018

WallStreet bounces back as investors shrug off trade tensions-Sai Proficient

Wall Street rebounded on Tuesday in a broad-based rally as investors brushed aside intensifying trade rhetoric between the United States and China.


The DowJones Industrial Average rose 184.84 points, or 0.71 percent, to 26,246.96, the S&P 500 gained 15.51 points, or 0.54 percent, to 2,904.31 and the Nasdaq Composite added 60.32 points, or 0.76 percent, to 7,956.11.

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Tuesday, 11 September 2018

Today Stock Market News-Sai Proficient

There is a lot of ups and downs in the market since early business. In the initial trading, the Nifty touched 11,340 while the Sensex had knocked up to 37,638.2. On the other hand, slipping from the upper levels, the Nifty fell to 11,282.85 while the Sensex dived to 37,409. Now again there is a little roaring in the market.


There is an environment of slowdown in mid-caps and smallcap stocks. BSE's mid-cap index has increased by 0.1%, while the mid-cap index of the Nifty has dropped by 0.15%. BSE's Smallcap Index dropped 0.15%.

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Tuesday, 26 June 2018

Don’t miss them! Brokerages initiate coverage on these 5 stocks that can give 20-40% returns-Sai Proficient

A new business, a new idea is something that always excites value investors. Indian market did manage to climb all wall of worries and trade back in green for the year 2018 but the same can’t be said for stocks belonging to the mid- and small-cap space.


Even the quality stocks across the board saw selling but the fall was not as severe as compared to other stocks which have lost up to 80 percent of their value in a matter of just six months.

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Thursday, 7 June 2018

S&P, Nasdaq fall as tech rally loses steam; Dow rises- Sai Proficient

The S&P and Nasdaq fell on Thursday as the technology sector snapped a rally while investors turned to safer bets as they kept an eye on global trade tensions and waited for US and European central bank meetings.


The Dow Jones Industrial Average rose 95.02 points, or 0.38 percent, to 25,241.41, the S&P 500 lost 1.98 points, or 0.07 percent, to 2,770.37.

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Tuesday, 8 May 2018

Sensex down 40 points, Nifty around 10710-Sai Proficient

With the economic sanctions on Iran, the world's stock markets are getting stumped. Today, Asian markets have started with a decline. SGX Nifty is trading below. In the yesterday's trade, the US market is flat. The US president has said that the United States will not allow Iran's nuclear blackmail. Economic sanctions on Iran have been implemented with immediate effect.

Now all the companies have to break business relations with Iran. For this, foreign companies will get 3 to 6 months time. Iran has seen strong growth in crude bans again. Between these weaker global signals today, the beginning of the Indian markets has also been with weakness.

In today's market, there is a weakness in the small and mid-cap stocks as well as in the market, due to which the BSE's small index is showing around the level of 18100 with 0.04% weakness. At the same time, the BSE Midcap Index is trading 0.20% down at close to 16600 levels.


In today's early trading, banking, pharma, realty, FMCG, auto and energy stocks are seen selling. Because of this, Nifty's Pharma Index is trading 0.32%, Auto Index 0.12%, Realty Index 0.49%, Energy Index 0.47% and FMCG Index 0.21%.

Today, banking stocks are showing a sell-off, which led to the Bank Nifty falling below the level of 25965 with 0.48% weakness. In today's trading, Nifty's private bank Index is trading 0.54% and PSU Bank index is trading at 0.45% weakness.

However, during this time of trading, metal and IT stocks are buying. Because of this, the Nifty's metal index is showing 1.31% and IT index is 1 per cent stronger.

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Thursday, 19 April 2018

TCS rallies 5% to hit record on solid Q4-Sai Proficient

India’s leading IT firm TCS jumped 5% on Friday to hit a new all-time high on solid quarterly earnings as the company beat Infosys with a faster dollar-denominated revenue growth for 2017-18.



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Market Now: IT stocks surge up to 5% on weakness in rupee-Sai Proficient Research

The Nifty IT index was trading 3.39 per cent up at 13,724 around 10:35 am (IST) on Friday with majority of the components in the green.

Shares of Tata Consultancy Services (up 4.95 per cent) surged 5 per cent, followed by Infosys (up 3.46 per cent) and HCL TechnologiesNSE 2.53 % (up 3.04 per cent). 



Shares of Tech MahindraNSE 2.23 % (up 2.96 per cent), MindTree NSE 3.00 % (up 2.76 per cent), KPIT Technologies (up 2.58 per cent), WiproNSE 1.69 % (up 1.90 per cent), Tata ElxsiNSE 1.20 % (up 1.60 per cent) and Oracle Financial Services SoftwareNSE 2.04 % (up 1.52 per cent) were also trading with gains.

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Tuesday, 17 April 2018

Sensex up 25 points, nifty around 10550-Sai Proficient

Global markets are showing good signs today. Dao Jones closed 213 points yesterday. Asian markets are also doing strong business today. The effect of this good global signal is also seen on the Indian markets.

In the initial trading, the Sensex and Nifty are trading with the rise. Nifty is seen around 10555, while the Sensex is showing around 34420. Smallcap stocks are also seen in the market, with huge shares. Even mid-pipe stocks are looking for a little bit. BSE's Smallcap index has surged by more than 0.30% to 18,185. BSE's Midcap Index is trading 0.29% higher than that.



In today's early trading, buying in pharma, FMCG, realty, IT and metal stocks is seeing market growth. BSE Realty Index gained 0.48%, IT index by 0.13%, Metal index 0.23%, Pharma Index 0.69 % and Auto index 0.10%. However, today's weakness in banking stocks is being seen. This led to a loss of 0.08% to the bank nifty below 25,315.

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Tuesday, 26 December 2017

Indian ADRs-Sai Proficient

Indian ADRs ended mostly higher on Tuesday.

In the IT space,

Infosys gained 0.68 percent at USD 16.21 and Wipro was down 0.55 percent at USD 5.47.

In the banking space,

ICICI Bank added 0.20 percent at USD 9.81 and HDFC Bank shed 0.30 percent at USD 100.53.

In the other sectors,

Tata Motors gained 0.46 percent at USD 32.98 and Dr Reddy’s Laboratories rose 1.05 percent at USD 36.54.


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Wednesday, 12 April 2017

Important Strategy for Intraday Trading - Sai Proficient

Intraday exchanging implies purchasing and offering around the same time. It might be either purchasing first or short offering. Ordinarily intraday merchants book benefit in little edges. 

Individuals are making benefit by rehashed exchanges or by exchanging huge amounts. One thing to be specified here is intraday exchanging is high hazard included.

The Golden standard of intraday exchange is ride with the pattern. Subsequently the initial step to make benefit in intraday exchange is to recognize the stock.

Intraday graphs are the most ideal approach to recognize stocks for exchanging intraday. 

Additionally one ought to make a decent home work before entering in intraday exchange. Home work implies, study the authentic diagrams and locate the upward or descending moving stocks. At that point see the earlier day’s intraday outline. Discover the backing and resistance levels.

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The two things to maintain a strategic distance from in intraday exchange and especially in intraday exchange is frenzy and ravenous. When one enters in an exchange and goes in inverse course, don't be frenzy. Hold up some time, keep strict stop misfortune.

In the event that stop misfortune triggers, don't enter once more. Hold up some time and unwind, watch the business sector slant and enter in some different stocks. Something else to keep away from is ravenousness. 

Some individuals won't book benefit and sit tight for more benefit. Be that as it may, such individuals will wind up in misfortune as it were. In intraday exchange, book benefit in each highs. Sit tight for a plunge and enter again if pattern manages.

The best time to enter for Intraday Trading is following 20 to 30 minutes when the business sector opens. Some individuals will bounce in the business sector at the opening ringer itself. It is unsafe dependably.

Watch the business sector in the early trading and discover the pattern. In the first place enter in some little amount, say 25% of the amount one is proposed to purchase.

At that point purchase more in the following 10 to 15 minutes. The pattern watched is intraday exchanging is stocks will shoot up till following 45 to 1 hour when the business sector opens. Once reserved benefit in a specific stock, better hold up some time and watch the following development and enter as needs be. 

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