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Showing posts from January, 2018

NCDEX Commodities Pivot levels - January 23

Pivots Points are significant levels which can be used to determine directional movement and potential support/resistance levels. Below are the pivot points for NCDEX Agriculture Commodities for January 23. NCDEX Commodities Pivot levels - January 23 NCDX Close S1 S2 Pivot R1 R2 BARLEYJPR 1502.0 1498.7 1495.3 1503.3 1506.7 1511.3 CASTOR 4040.0 4019.7 3999.3 4042.3 4062.7 4085.3 CHANA 3721.0 3674.3 3627.7 3700.7 3747.3 3773.7 COCUDAKL 1717.0 1703.3 1689.7 1721.7 1735.3 1753.7 DHANIYA 5847.0 5750.0 5653.0 5810.0 5907.0 5967.0 GUARGUM5 9587.0 9377.0 9167.0 9482.0 9692.0 9797.0 GUARSEED10 4404.5 4332.5 4260.5 4368.5 4440.5 4476.5 JEERAUNJHA 16545.0 16478.3 16411.7 16566.7 16633.3 16721.7 RMSEED 4071.0 4047.7 4024.3 4061.3 4084.7 4098.3 SYBEANIDR 3499.0 3419.7 3340.3 3459.3 3538.7 3578.3 SYOREF 736.4 734.7 733.1

Sensex gains over 200 points; TCS, RIL, Axis Bank stock gain

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Benchmark indices were perched near their lifetime highs, aided by gains in heavyweights Reliance Industries, Tata Consultancy Services and Oil and Natural Gas Corp. At 2:24 PM, the  BSE  Sensex was trading at 35,719, up 208 points, while the broader  Nifty50  index was ruling at 10,938, up 43 points. Among BSE sectoral indices, realty index gained the most by 0.87%, followed by capital goods 0.62%, oil & gas 0.48% and IT 0.47%. On the other hand, metal index fell 0.79%, power 0.27%, PSU 0.2% and FMCG 0.09%. DCM Shriram shares gained 5% after the company’s consolidated net profit in Q3 FY18 increased sharply by 56% year-on-year to Rs212.9cr. Shares of information technology companies rose for the fifth straight session on hopes that revival in US technology spending may aid these companies' revenue growth. The Nifty IT index was up 0.6%. Volatility index India VIX inched up 7.08% at 14.9728. Indiabulls HF (+7.9%), RIL (+5.3%), Adani Ports (+4.9%), TCS (+3.6%) and ONGC (+3%)

Results to watch out - ITC, RIL, Wipro

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The results expected today include ITC, RIL, HDFC Bank, Wipro, NIIT Tech, HDFC Life, IDFC Bank, Atul, Chennai Petro, Dwarikesh Sugar, Jubilant Food, Tata Elxsi, VST Ind. Here is the street expectation for the companies: ITC  Q3 FY18 (YoY) : PAT seen rising 7.5% at Rs2,843cr. Revenues likely to increase 9.1% to Rs10,086cr. EBITDA may gain by 10% to Rs3,900cr. Cigarette Volume seen at 3%. The stock is currently trading at Rs275, up by Rs2.15 or 0.79% from its previous closing of Rs272.85 on the BSE. The scrip opened at Rs276.2 and has touched a high and low of Rs277 and Rs273.65 respectively. ITC enjoys leadership position in all the segments. It caters to, and is continuously trying to gain market share in its FMCG segment through new product launches and newer segments. Cigarettes, where it has ~80% market share, has been marred by the aggressive tax incidence under GST. Additionally, the uncertainty of timelines for tax rate revision under GST makes the company more prone

MCX Commodities Pivot levels - January 18

Pivots Points are significant levels which can be used to determine directional movement and potential support/resistance levels. Below are the pivot points for MCX Non-Agriculture Commodities for January 18. MCX Commodities Pivot levels - January 18 Commodity Close S1 S2 Pivot R1 R2 Today's Trend Aluminium 140 140 139 140 141 141 Sideways Copper 451 449 446 452 454 458 Bearish Crudeoil 4085 4053 4021 4075 4107 4129 Sideways Bullish Gold 29757 29682 29606 29755 29831 29904 Bearish Lead 163 162 161 163.0 164 165 Sideways Bullish Naturalgas 208 202 195 205.8 212 217 Bullish Nickel 790 786 782 794 798 806 Bearish Silver 39201 39010 38820 39249 39439 39678 Bearish Zinc 217 216 216 218 219 221 Bearish Click Here For Free Trial :