Crude Oil Outlook for the Week (September 05, 2016 – September 09, 2016)

Commodity Trading TipsCrude Oil Commodity Trading tips market prices as expected encountered massive fall seeing rising supply globally along with slump in products side demand.

On weekly basis, October contract WTI International and November contract Brent crude oil suffered losses close to 6.50% each.

September contract MCX crude oil went down by 7% on weekly basis.

If we speak of Friday’s closing, upside moves were witnessed after the comments from Russian President over the Algerian meet which would be discussed later in this file.

As per Friday’s closing, WTI International posted gains more than 1.50%, ending the week’s trade at $44.20/bbl.

Gains in Brent crude oil were close to 2% on Friday, ending the week’s trade at $46.68/bbl.

MCX crude oil posted gains more than 2% due to the rupee effect and ended the week’s trade at Rs.2975/bbl. Read More → “Crude Oil Outlook for the Week (September 05, 2016 – September 09, 2016)”

Crude Oil below the Trend Line in Commodity Trading Tips

 

Commodity Trading TipsCrude Oil Commodity trading prices this week as expected moved down as the rumors for production cuts by the OPEC members during Algerian meet is getting faded away.

  1. Apart from this, rise in crude and gasoline stocks as per the weekly EIA data released on Wednesday also pushed down the prices.
  2. On weekly basis, October contract WTI International and Brent crude oil went down by around 3.70% and 2.40%.
  3. Losses in September contract MCX crude oil were around 3%.
  4. As per Friday’s closing, losses in WTI International and Brent crude oil were around 0.20%, ending their week’s trade at $47.29/bbl and $49.57/bbl respectively.
  5. September contract MCX crude oil posted gains more than a percent on Friday, ending their week’s trade at Rs.3194/bbl.

Read More → “Crude Oil below the Trend Line in Commodity Trading Tips”

Nifty Regain 8600 Levels plus Stock Market Tips for Intraday

Stock Market Tips For IntradayIndian Intraday Stock Market shares rose on Monday, with recent under performers such as Infosys and State Bank of India getting better on improved sentiment following assertions from global policymakers on the need to boost up growth. Goods and Services Tax (GST) constitutional amendment bill has been scheduled for discussion in Rajya Sabha for this week. Effect of the same will impact market movement departure forward along with quarterly result of the major companies which is likely bring some unpredictability. Central bank’s meetings in the United States and Japan due anon in this week will also going to play major important role in our stock markets. The Bombay Stock Exchange Sensex closes at 28095 were moving up by 292 points or impel up by 1.05 percent. Nse Nifty Index Closes at 8636 were up move by 94 points or hush ladder by 1.11 percent. The S&P BSE Midcap settling at 12400, up by 123 points or by 1.00 percent, while S&P BSE Small cap closes at 12234 were up by 127 points, or 1.05 percent each on Intraday Stock Market Trading. Read More → “Nifty Regain 8600 Levels plus Stock Market Tips for Intraday”

Crude Oil MACD is in Negative plus Commodity Trading Tips

Commodity Trading TipsCrude oil Commodity Trading prices this week showed some major losses as the negative fundamentals prevails in the market with rising products side glut along with the weekly shale production levels, International crude oil prices witnessed some major losses this week.

As per Friday’s closing, September contract WTI International went down by around 0.60%, ending the day’s session at $44.26/bbl September contract Brent crude oil posted losses around a percent on Friday, ending the week at $45.74/bbl.

Crude Oil Mcx August declined more than 2.50%, registering at Rs.2961/bbl On weekly basis, losses in WTI International Brent crude oil were around 5.80% and 4.90% respectively, Whereas MCX crude oil showed losses around 6% Read More → “Crude Oil MACD is in Negative plus Commodity Trading Tips”

Nifty at Resistance Zone plus Intraday Share Tips

Intraday Share TipsIndian shares rise on Wednesday day trading as drug makers such as Glenmark Pharmaceuticals and Aurobindo Pharma gained after getting approvals for generic versions of a chartbuster cholesterol drug in the United States. The Bombay Stock Exchange Sensex closes at 27916 were gain by 128 points or impel raise by 0.46 percent. Nse Nifty Closes at 8566 were high by 37 points or hush pick by 0.44 percent. The S&P BSE Midcap settling at 12181, up by 109 points or by 0.90 percent, while S&P BSE Small cap closes at 12027 were up by 118 points, or 0.99 percent each on Intraday Stock Market Trading. Read More → “Nifty at Resistance Zone plus Intraday Share Tips”

Crude Oil Tensions by Turkey plus Commodity Trading Tips

Commodity Trading TipsCrude oil Commodity Trading Prices this week showed ups and downs seeing outlook from the International agencies like OPEC’s MOMR, EIA STEO and IEA. Coming to the OPEC’s latest July month release the same showed demand for the OPEC crude oil surging up in coming months. As per the report, growth in world oil demand in 2016 is expected to be around 1.20 million barrels per day. Non- OPEC supply is expected to decline by 0.90 million barrels per day, averaging around 56 MBPD.

For 2017, they further lowered the forecast to 55.90 MBPD from the Non-OPEC regions. Demand for OPEC crude in 2016 is expected to average 31.9 MBPD, an increase of 1.9 MBPD over the previous year. In 2017, the demand for OPEC crude is projected at 33.0 MBPD, Read More → “Crude Oil Tensions by Turkey plus Commodity Trading Tips”

Nifty Notice Late Rush and Best Intraday Tips Provider

Best Intraday Tips ProviderIndian Best Intraday Stock Markets reversed two sessions of losses to close higher on Thursday as poll booths opened for Britons to vote on a referendum about whether or not to exit the European Union. The Bombay Stock Exchange Sensex closes at 27002 were up by 237 point or impel high by 0.88 percent. Nse Nifty Closes at 8270 were credit by 67 points or plant slide glider up by 0.81 percent. The S&P BSE Midcap settling at 11436, up by 31 points or by 0.27 percent, while S&P BSE Small cap closer at 114446 down by 04 points, or 0.04 percent each on Intraday Stock Market Trading.

Sensex Major Resistance on Upside at 27134-27266-27398

Sensex Major Support on Downside at 26792-26582-26450

Trend Deciding Level at 26924

20 DSMA at 26730

40 DEMA at 26246

Short Term Trend: UP

Medium Term Trend: UP

Nifty Index Major Resistance on Upside at 8328-8385-8443

Nifty Index Major Support on Downside at 8170-8069-8012

Trend Deciding Level at 8227

20 DSMA at 8191

40 DEMA at 8039

Short Term Trend: UP

Medium Term Trend: UP

Major Headlines

KEC International Jumps that it has bagged a Rs. 1036 Crore Orders

Hubtown stir up with rotate

Deepak Fertilizers glides on ICRA demote

Nifty Indices

The Nifty opened flat but ended the trading session on a positive note. The Index traded in a narrow range for the most part of the session, but suddenly spurted in the last one-and-a-half-hours. We had mentioned in our earlier reports that the Nifty has given a breakout from a triangular pattern and a move towards recent high of 8295 is likely. After several days of consolidation, the Index today moved towards the swing high. Given that the Nifty has closed above 8260, a move towards 8300–8336 is likely now. However, this is a strong resistance zone. The Nifty may see a good run only if it manages to sustain above 8336–8350 levels. Hence, traders should now look to book profit or keep a trailing stop loss before Friday’s Brexit result. On the lower side, 8220–8165 will act as a support.

Meanwhile, the Bank Nifty has also given a breakout from a triangular pattern. Hence, a move towards 18000-18050 is likely. The Bank Nifty will gain momentum if it manages to sustain above 18050. On the downside, 17762–17527 will act as a support zone and on the higher side; 18000 – 18220 will act as a resistance.

The Nifty and the Bank Nifty are approaching significant resistance zones. It would be interesting to see if the Nifty and the Bank Nifty break out above these resistance levels or turn lower. Overall, the trend remains positive as long as the Nifty is trading above 7992. Thus, we shall maintain our short-term Nifty target of 8230.

In the daily chart the index is trading above the Twenty-day moving averages (DMA) and the Forty-DMA, ie 8191 and 8039 respectively. The thrust indicator is trading in negative sort on the daily chart

In the hourly chart, Nifty is trading above the Twenty-hourly moving averages (HMA) and the Forty-HMA, ie 8214 and 8198 correspondingly, the hourly impetus indicator encompass turned positive.

The market duration was turned negative with 615 advances and 943 declines, Unchanged 88 Total Issue 1646 on the National Stock Exchange.

Nifty Future Major Resistance on Upside at 8334-8379-8424

Nifty Future Major Support on Downside is at 8217-8145-8100

Trend Deciding Level at 8262

Bank Nifty Major Resistance on Upside at 18015-18135-18255

Bank Nifty Major Support on Downside at 17680-17465-17345

Trend Deciding Level is at 17800

30 Days Simple Moving Averages @ 8078

50 Days Simple Moving Averages @ 7986

150 Days Moving Averages @ 7706

200 Days Simple Moving Averages @ 7774

Best Intraday Tips Provider

Buy Nifty Fut above 8311 sl 8288 Tgt 8331-8356 {Or} Sell Below 8221 sl 8266 Tgt 8201-8176

Buy Bank Nifty Fut above 17960 sl 17910 Tgt 18010-18060 {Or} Sell Below 17845 sl 17895 Tgt 17795-17745

Multibagger Stock

Buy Emmbi Industries Limited 100 Target 130 Time Period: 6-9 Months

Curious Fact

Coca Cola India has 54 plants in India of which 24 are franchise plants, 25 are company-owned and 5 are co-packers. Coca Cola India sells a range of soft drinks including Coca-Cola, Thums Up, Fanta, Limca, Sprite and Maaza, among others.   .

Bears Rear Battle and Intraday Stock Market Trading Tips

Intraday Stock Market Trading TipsIndian Intraday Stock Market Shares fell more than 1 percent on Thursday Trading, heading for their fifth fall in six sessions, reflecting the negative sentiment across the globe after the Bank of Japan refrained from taking further stimulus steps. The Bombay Stock Exchange Sensex closes at 26525 were down by 201 point or impel low by 0.75 percent. Nse Nifty Closes at 8141 were down by 66 points or plant slide glider low by 0.80 percent. The S&P BSE Midcap settling at 11365, down by 42 points or by 0.37 percent, while S&P BSE Small cap closer at 11402 down by 62 points, or 0.55 percent each in today Intraday Stock Market Trading.

Sensex Major Resistance on Upside at 26755-26984-27214

Sensex Major Support on Downside at 26307-26088-25859

Trend Deciding Level at 26623

20 DSMA at 26437

40 DEMA at 26088

Short Term Trend: UP

Medium Term Trend: UP

Nifty Index Major Resistance on Upside at 8232-8322-8413

Nifty Index Major Support on Downside at 8063-7984-7894

Trend Deciding Level at 8153

20 DSMA at 8100

40 DEMA at 7989

Short Term Trend: UP

Medium Term Trend: UP

Major Headlines

Mahanagar Gas IPO to open on June 21

Cromptopn Greaves hits new high up less than 1%

Sequent Scientific faces suspension

Nifty Indices

The Nifty opened gap down and ended the trading session on a negative note. It was under pressure in the first half of the session, but bounced back from the crucial support zone of 8060 – 8080 toward the close of trade. Still, it eventually ended lower. After today’s fall, it seems that the Nifty is still in a corrective mode. If the Nifty doesn’t break the low of 8064, then it is likely forming a triangle pattern, which should break on the upside. On the other hand, a move toward 8040 – 8025 is possible if the Nifty breaks the low of 8064. However, the short-term uptrend in the Nifty is still intact as long as it stays above 7992. The Nifty will gain momentum on the upside if it crosses 8220. On the downside, the Nifty will gain momentum once it breaks below 7992. The broader range for the Nifty is 7992 – 8350. The Index may continue to trade within the broader range till it breaches either end of the range.

Meanwhile, the Bank Nifty is also in a corrective mode. It will gain momentum once it sustains above 18,000 levels, otherwise it may also continue to trade within a broad trading range of 17000 – 18000. Near-term support for the Bank Nifty is around 17527 – 17350 levels, whereas near-term resistance levels are 17762 – 17943.

Overall, the Nifty and the Bank Nifty are in a corrective mode, but every dip can be seen as a buying opportunity. We shall maintain our positive bias on the Nifty for a short-term target of 8520 as long as it is trading above 7992.

In the daily chart the index is trading above the Twenty-day moving averages (DMA) and the Forty-DMA, ie 8100 and 7989 respectively. The thrust indicator is trading in negative sort on the daily chart

In the hourly chart, Nifty is trading above the Twenty-hourly moving averages (HMA) and the Forty-HMA, ie 8122 and 8143 correspondingly, the hourly impetus indicator encompass turned negative.

The market duration was turned negative with 535 advances and 1031 declines, Unchanged 76 Total Issue 1642 on the National Stock Exchange.

Nifty Future Major Resistance on Upside at 8203-8253-8303

Nifty Future Major Support on Downside is at 8094-8035-7985

Trend Deciding Level at 8144

Bank Nifty Major Resistance on Upside at 17808-17957-18105

Bank Nifty Major Support on Downside at 17522-17385-17236

Trend Deciding Level is at 17671

30 Days Simple Moving Averages @ 8003

50 Days Simple Moving Averages @ 7916

150 Days Moving Averages @ 7692

200 Days Simple Moving Averages @ 7767

Intraday Stock Market Trading Tips

Buy Nifty Fut above 8177 sl 8155 Tgt 8197-8222 {Or} Sell Below 8111 sl 8133 Tgt 8091-8066

Buy Bank Nifty Fut above 17733 sl 17688 Tgt 17783-17833 {Or} Sell Below 17600 sl 17644 Tgt 17550-17500

Multibagger Stock

Buy Emmbi Industries Limited 100 Target 130 Time Period: 6-9 Months

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Nifty Stirred Neck to Neck and Share Tips Intraday

Share Tips IntradayIndian Intraday shares ended marginally lower on Tuesday, after hitting their highest intraday level in nearly two and half months, tracking weakness in Asian peers, which fell nearly 1 percent. The Bombay Stock Exchange Sensex closes at 28172 were puma down by 37 points or drive down by 0.13 percent. Nse Nifty Closes at 8511 were quick healing down by 11 points or plant slide nike down by 0.13 percent. The BSE Midcap and Smallcap indices ending at 0.5 percent and 0.6 percent respectively each in today Intraday Stock Market Trading.

Sensex Major Resistance on Upside at 28037-28443-28578

Sensex Major Support on Downside at 28062-27953-27817

Trend Deciding Level at 28198

Nifty Index Major Resistance on Upside at 8567-8624-8680

Nifty Index Major Support on Downside at 8470-8430-8373

Trend Deciding Level at 8527

Major Headlines

IRB Infra received LOA from NHAI for project of six lane of Agra-Etawah Highway

MEP Infra gets rights to collect user fee at Makhanpur-Etawah Highway

Promoters of Electrosteel Steels may lose control over company

Nifty Indices

The Nifty opened in the positive territory marginally and closed in the negative territory marginally with an intra-day volatility which has led to a formation of a spinning top candlestick pattern. Generally, this pattern signals a reversal and the pattern formed on the hourly charts appears like a rising wedge, hence till the time today’s swing high of 8562 is not taken off the possibility of a reversal has increased. On the lower side, 8386 now has becomes a very crucial support, hence we change the reversal for the short term to 8386 as below that level it will confirm the downside breakout. The Bank Nifty has provided a breakout from the downtrend line and it has retested the same in today’s session, however, the rise from the bottom appears to be an impulsive one which indicates that once it breaks its previous swing low of 18417 the bears will have an upper hand. The momentum indicators are still in a buy mode on the daily charts and with that we continue to maintain the short-term bias up.

In the daily chart the index is trading above the Twenty-day moving averages (DMA) and the Forty-DMA, ie 8280 and 8326 respectively. The thrust indicator is trading in positive sort on the daily chart

In the hourly chart, Nifty is trading above the Twenty-hourly moving averages (HMA) and the Forty-HMA, ie 8488 and 8456 correspondingly, the hourly impetus indicator encompass turned negative.

The market duration was turned positive with 915 advances and 593 declines, Unchanged 54 Total Issue 1562 on the National Stock Exchange.

Nifty Future Major Resistance on Upside at 8564-8603-8641

Nifty Future Major Support on Downside is at 8484-8443-8404

Trend Deciding Level at 8523

Bank Nifty Major Resistance on Upside at 18977-19133-19290

Bank Nifty Major Support on Downside at 18683-18545-18389

Trend Deciding Level is at 18839

30 Days Simple Moving Averages @ 8260

50 Days Simple Moving Averages @ 8269

150 Days Moving Averages @ 8462

200 Days Simple Moving Averages @ 8382

5 Days Rsi at 76 and 14 Days Rsi at 63 Indicates Nifty Place in Bullish Zone, with Bullish Moment.

Share Tips Intraday

Buy Nifty Fut above 8560 sl 8535 Tgt 8580-8605 {Or} Sell Below 8485 sl 8510 Tgt 8465-8440

Buy Bank Nifty Fut above 18900 sl 18850 Tgt 18950-19000 {Or} Sell Below 18750 sl 18800 Tgt 18700-18650

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Nifty Fight for Monthly Close and Share Tips Intraday

Share Tips IntradayIndian Intraday shares edged lower on Friday as private lenders retreated after the central bank's stress tests showed a significant jump in bad loans for the sector, but indexes still posted a second consecutive week of gains. The Bombay Stock Exchange Sensex closes at 27812 were puma down by 84 points or drive down by 0.30 percent. Nse Nifty Closes at 8381 were quick healing down by 17 points or plant slide nike down by 0.20 percent. The mid-cap and small-cap indices ended flat at 10,686 and 11,124 respectively each in Friday Intraday Share.

Sensex Major Resistance on Upside at 27971-28129-28288

Sensex Major Support on Downside at 27666-27519-27361

Trend Deciding Level at 27824

Nifty Index Major Resistance on Upside at 8412-8443-8474

Nifty Index Major Support on Downside at 8345-8309-8278

Trend Deciding Level at 8376

Major Headlines

GVK Power rallies 6%

India Cements gained 5%

Jain Irrigation says promoter releases pledge on 17.1 lakh shares on June 25

ICICI Bank marginally reduces base rate to 9.70% from 9.75%

Nifty Indices

The Nifty has closed in the positive territory for the second consecutive week and there has been a follow-up buying after the bullish engulfing candlestick pattern formed last week. However, it’s being unable to take off its crucial downtrend line resistance and so we have kept our short-term bias down on Nifty in anticipation of some profit booking. The Bank Nifty too has been facing resistance near the downtrend line which indicates that only if the previous swing highs are taken off on immediate basis then there will be a continuation of the trend or the uptrend may take a pause. On the flip side, if the previous swing highs of 8460 and 8490 are taken off then there will be a medium-term reversal on charts. So, the coming week will be quite important as we have a monthly close on the index too, hence it will be crucial who wins the battle.

In the daily chart the index is trading above the Twenty-day moving averages (DMA) and the Forty-DMA, ie 8180 and 8274 respectively. The thrust indicator is trading in positive sort on the daily chart

In the hourly chart, Nifty is trading between the Twenty-hourly moving averages (HMA) and the Forty-HMA, ie 8383 and 8334 correspondingly, the hourly impetus indicator encompass turned negative.

The market duration was turned negative with 573 advances and 887 declines, Unchanged 72 Total Issue 1532 on the National Stock Exchange.

Nifty Future Major Resistance on Upside at 8416-8452-8488

Nifty Future Major Support on Downside is at 8342-8304-8268

Trend Deciding Level at 8378

Bank Nifty Major Resistance on Upside at 18498-18639-18780

Bank Nifty Major Support on Downside at 18193-18029-17888

Trend Deciding Level is at 18334

30 Days Simple Moving Averages @ 8249

50 Days Simple Moving Averages @ 8262

150 Days Moving Averages @ 8464

200 Days Simple Moving Averages @ 8370

5 Days Rsi at 80 and 14 Days Rsi at 60 Indicates Nifty Place in Bullish Zone, with Bullish Moment.

Share Tips Intraday

Buy Nifty Fut above 8395 sl 8372 Tgt 8413-8436 {Or} Sell Below 8372 sl 8395 Tgt 8354-8331

Buy Bank Nifty Fut above 18400 sl 18350 Tgt 18450-18500 {Or} Sell Below 18300 sl 18350 Tgt 18250-18200

Weekly Calls 29-06-2015 to 03-07-2015

Buy Garwallop above 206.50 sl 180 Tgt 225

Buy Amtekauto above 161 sl 158 Tgt 171

Curious Fact

A Giraffe can clean its ears with its 50 cm (20 In) Tongue.