Market wrap-up (19 AUG 2015):
Market ends in green zone; IT, Pharma gains.
The market snapped two consecutive sessions’ losing streak and finished the session on a firm note amid consolidation after a rebound in Chinese shares following news that the central bank would infuse more capital and replenish liquidity in the banking system in the aftermath of the Yuan devaluation.
HEADLINES FOR THE DAY:
- Infy hits fresh high as wins new order from Fidelity Bank of Nigeria.
- Cipla shares surged as HSBC adds to the EM model portfolio.
- Telecom shares like the idea, Bharti Airtel dips on Reliance Jio handset roll out report.
- Tata Coffee shares fall No plans of 100% FDI in coffee.
- Rajesh Exports hit fresh high on NSE as bagged new order.
- Geometric shares gain 10 pct on the back of huge trading volumes.
- The eBay eCommerce company reduces stake in Snapdeal.
KEY STOCKS FOR THE DAY:
- Amtek Auto tanks more than 36% on future and option (F&O) exclusion effective from Oct 30, stock opened at 126.70 and made a low of 77.25 on the NSE today.
- Glenmark hits fresh high as get nod from USFDA for Drospirenone, Ethinyl Estradiol tablets.
- Sun Pharma moved higher after rating agency BofA-ML upgrades stock rating from neutral to Buy.
- Tata Elxsi, Natco Pharma, SPARC and Emami surged on the positive news flow of inclusions in the F&O segment.
- Shares of Goa Carbon moved higher for the third consecutive day on resuming Goa operations.
- Shares of FRL dips despite of positive news flow that company signed a JV (joint venture agreement) to develop and sell a range of consumer products exclusively in India with Swiss personal care products maker Mibelle AG.
- VEDL shares end on a flat to negative note iron ore division in Goa is expected to resume exports to China after a lull of 3 years.
- Jindal Saw gains as the company plans to raise fresh capital to Rs 3000 crore via securities for capital expenditure as well as refinancing of loans.
- Tata Elxsi gains for the fourth straight day the Co. Is expected to be included in the F&O (futures & options) segment soon.
- Mastek gains in early trades ahead of listing of insurance subsidiary Majesco India.
CALLS FOR NEXT TRADING SESSION:
- Pharma shares were in demand today, Marksans Pharma gains and heading towards its fresh high, more buying seen in stock. Buy above 114.30 targets 115.40/116.60/117.80 SL 113.
- Onmobile EQ had given breakouts of channel pattern which could be seen in daily charts as well as given closing above its which is a positive indicator for the stock. Buy above 103 targets 104/105/106 SL 102.90.
- Asian markets fall for the second day under Chinese pressure, as the Shanghai Composite Index cracked over 5pct yesterday in a sign that the worrying clouds over Chinese economy still loom large.
Commodities Trading System:
Commodity trading platform is still all of the top methods to make cash money from the expediency of your home and this is why, commodity option & future trading system is measured as the best technique to learn the essentials of the trading. The traders usually rely on 2 types of the data & information to get their data. There are internal & external factors to analyze the marketplace. Some populace uses the external issues such as weather or political issues to invest in the commodities, while several others follow the up & downs in the buy and sell.
There are 10 important ideas that will help you to succeed as a trader:
- The More You Earn: Your traders & investor’s business each day should not be your simply source of data & information, when it comes to commodity products trading, but your dealing techniques must be crafted based on your self research too.
- Research Is Not Reading Tips: The major problem in following Commodity Tips for an options trading system is that, it will be too delay for you to relate them. Instead of the going for somebody else’s tips, ensure to do your research,analysis and find unique data & information which you can rely upon.
- Try Something Innovative But With Lesser Amount: When, it comes to the achievement in commodity product trading system, the experiments or practical are the main key. People who forever go on the similar route may not lose money, but they won’t be creating too much either. This is why you require to stick to the investigative strategies, but never put in too much cash on something.
- Don’t Jump-in To Make Rapid Money: Unfortunately, there is not anything called quick money in the commodities. If someone is building a money relatively more easier, they probably have immense experience. However, don’t invest in anything with borrowed cash money or money, that you kept for something else. In the movement of the rates going down, you will face enormous losses. Make your decisions very wisely to guard your investment.
- Reinvest: Whenever the commodity prices go high, ensure to sell the commodities the same to the value of your all investment include brokerage. This method, the remaining commodities can be measured as pure profit. You require to reinvest this cash in something else.
- Liquidate Occasionally: If a number of your contractor is doing really well, ensure to liquidate some cash money because there is nix harm in enjoying your earnings.
- Know Your Competition: Commodity products trading system is an extremely complicated business and you have to oppose stiff competition there. Without any knowledge how to trade with the competition, it is quite complex to maintain your grasp in the market.
- Overcome The Fear Of Loss: Fear of the loss can be actually depressing because whenever, we misplace money, it will affect us badly. If you can conquer the fear of the defeat, you will learn to recognize losses & learn lessons from it. Each & every successful trader/investors has his/her own lessons element learn from losses.
- Don’t Compare: You are creating a good percentage of income each week, but rapidly you notice that one of your relatives is making even much more. Then you make a decision to fight with him. But this is not a fine business practice and will create you lose a superior deal of money.
- Mindset: A relaxed state of mind is significantly very important in getting your work done the right method, because a stressed out mindset will never assist you to focus on, what you are planning to perform.
- Don’t develop a tendency of being a Bear or a Bull in these markets. There is simply one side to the share markets and that is neither the Bear side nor the Bull side – But ONLY the correct Side at the correct Time.
- Realize, that you are in a very bad situation and way out fast when you require to pray for relief at every rise or fall in a trade, which is most important you further in a bottomless pit towards heavier losses.
- Follow only single Analyst’s or Technical market Adviser’s guideline such as Trifid Research at a time, as more guidelines and Tips as like MCX tips, NCDEX Tips will again create lots of confusion. You can opt for or look out for a swap guidance when the previous guideline proves to be less productive or loss making, but not at the same time.
- Be honest with yourself as was hoped for something different, then the genuine reality or situation is not something less than fooling your possess self.
These are the most important Commodity Tips to be followed in the commodity trading system. By following these Commodity Tips, you can revolve into a successful market trader.
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