Trade setup: Nifty may consolidate in 12,111-12,216 zone; 50-DMA is strong support
The Relative Strength Index (RSI) on the daily chart stood at 49.85 and stayed neutral.
Trade setup: Nifty needs to top 20-DMA at 12,200 to stabilise
The RSI on the daily chart stood at 48.84 and marked a fresh 14-period low, whi...
Trade setup: Nifty50 may stage a pullback; outlook is still bearish
As of now, the 50-DMA at the 12,104 level has been acting as a support on...
Trade setup: Nifty vulnerable at higher levels; steer clear of technical pullback
The 12,265 and 12,290 levels will act as stiff resistance. Support is at 12,190 and 12,110.
Top intraday trading ideas for afternoon trade on Thursday, January 23, 2020
Exide Industries is a 'Buy' call with a target price of Rs 215 and a stop loss of Rs 193.
Trade halt between India and Pakistan worries traders in Punjab and Jammu and Kashmir
A recently published book assessing the impact of ongoing India-Pakistan faceoff on border economies—Unilateral Decisions Bilateral Losses-- claims that around 9000 families in Punjab, 600 traders and 300 laborers in J&K suffered heavily due to political strains between the two nuclear countries.
India seeks provisions to check harmful fishing
The push was made in the first of the six clusters of fish subsidy talks held last week at WTO, aimed at securing a global agreement on reducing harmful fisheries subsidies by June this year, said officials familiar with the development.
Precious Metals: Gold, silver slump in futures trade amid low demand
Gold prices on Friday fell by Rs 242 to Rs 40,041 per 10 gram in futures trade.
Insider trading by Indians on the rise in US
The illegal trading ring was active for nearly 3 years before being discovered last year.
Sebi levies Rs 20.4 lakh fine on 4 firms for fraudulent trade in illiquid stock options
The orders follow a probe conducted by the regulator between April 2014 and September 2015.
New India Assurance settles insider trading case with Sebi, pays over Rs 62 lakh
New India Assurance paid Rs 62.68 lakh to settle the case through settlement procedure.
US pushes India to buy $5-6 billion more farm goods to seal trade deal: Report
US wants India to buy another $5-6 bn worth of poultry and farm goods for reinstatement of GSP benefits.
Trade setup: High chances of market taking a breather; stay stock-specific
Nifty has continued to stay within the broadening formation.
Top intraday trading ideas for afternoon trade on Wednesday, January 22, 2020
Amara Raja Batteries is a 'Buy' call with a target price of Rs 820 and a stop loss of Rs 767.
Pakistan says trade with India plunges significantly
The State Bank of Pakistan data in the first half of 2019-20 fiscal starting from July 1 showed that Pakistan's exports to India during the period came in at an insignificant USD 16.8 million as compared to USD 213 million in first half of 2018-19, Dawn news reported.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service