Bharat Petroleum Corporation Ltd. is one of the oldest oil marketing company in India. The BPCL stock on NSE was listed on 13 September 1995, at current levels we see that there is a support of 200 SMA holding the stock above it suggesting this stock is still bullish for its long term view. When we look at the weekly chart of this stock we see that a 4th wave pattern is forming and this will ... [Continue Reading]
Auto Sector Has Outperformed: We are looking for Buying Opportunities in Maruti Stock
Maruti Suzuki India Ltd. is a leading 4 wheeler automobiles company it was listed on NSE on 9 July 2003 and the stock has given very good returns to the investors, looking forward we see that the performance of the company is very good in the emerging markets like India. It also sell various types of vehicles in automobiles segment. Looking at the stock price chart we find that the price action is ... [Continue Reading]
NTPC is Low Beta Stock, Power Giant (NTPC) to Outperform in Near Term, High Growth Seen
NTPC ltd. is largest listed power company in India it was listed on 5 November 2004 on NSE and BSE. Looking at the price action on charts we see there is stiff resistance at 187 level and we are looking to go short near 185 level for the targets as 178 and 174 level. Also placing our stop loss above 190 level. Technical indicators are showing bullishness in the stock but there is dynamic ... [Continue Reading]
Dow Jones Industrial Average, S&P 500 will be included in NSE F&O Trading from 29 August 2011
Good news for Traders, Now traders can access the US markets index futures, from their existing trading accounts, as NSE F&O will include S&P 500 and Dow Jones Industrial Average. These are most liquid and most popular stock market index across the globe. This inclusion will be done on NSE F&O and the contracts will be available for trading from 29 August 2011. How much margin is required is still ... [Continue Reading]
4 Stocks will be Added on NSE F&O Trading on 5 August 2011, Expect Stocks to Trade Higher
Nse F&O will include the following stocks in its august series: Coal India, Delta Corporation, Dhanlaxmi Bank and Gujarat Fluorochemicals. This addition will be done on 5 August 2011, We expect stocks to trade higher as there has been always buying in the stocks that are being included in NSE F&O series. We are closely looking at the coal India stock and advice traders to enter long in this stock ... [Continue Reading]
