Sunday, March 15, 2015

Best Currency Tips, 4th Session: 16.Mar.2015

CURRENCY TRADING TIPS - RUPEEDESK 
( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 

12:15.:00 : Buy USDINR (MAR) SA 63.10 SL 62.99 Target 63.20 / 63.28 / 63.36
12:15.:00 : Sell USDINR (MAR) SB 62.94 SL 63.05 Target 62.84 / 62.76 / 62.68
 USDINR (MAR) : INTRADAY TREND : DOWN SL : 63.15 

12:15.:00 : Buy EURINR (MAR) SA 66.51 SL 66.40 Target 66.61 / 66.69 / 66.77
12:15.:00 : Sell EURINR (MAR) SB 66.35 SL 66.46 Target 66.25 / 66.17 / 66.09
 EURINR (MAR) : INTRADAY TREND : DOWN SL : 66.63 

12:15.:00 : Buy GBPINR (MAR) SA 93.23 SL 93.12 Target 93.33 / 93.41 / 93.49
12:15.:00 : Sell GBPINR (MAR) SB 93.07 SL 93.18 Target 92.97 / 92.89 / 92.81
 GBPINR (MAR) : INTRADAY TREND : UP SL : 93.06 

12:15.:00 : Buy JPYINR (MAR) SA 52.13 SL 52.02 Target 52.23 / 52.31 / 52.39
12:15.:00 : Sell JPYINR (MAR) SB 51.97 SL 52.08 Target 51.87 / 51.79 / 51.71
 JPYINR (MAR) : INTRADAY TREND : UP SL : 51.98 

INDIAN MARKET & SECTORWISE STOCKS OUTLOOK FOR THE WEEK 16.Mar.2015 - 20.Mar.2015

Click The Below Links To View Reports
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IT Stocks Outlook for the week –16 to 20.03.2015

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For the week ahead, share indices will take cues from the Budget session of the Parliament, the US Federal Reserve's stance on interest rate hike, and the Wholesale Price Index-based inflation data for February. The first half of Budget session of the Parliament will continue till Mar 20, and will be keenly watched as approval for a hike in the foreign direct investment limit for the insurance sector has raised hopes of more reforms seeing the light of the day.

The US Federal Open Market Committee, meanwhile, is scheduled to commence its two-day
meeting on Tuesday. The US central bank's view is of importance as it is likely to impact flows from foreign institutional investors. WPI inflation data for February will be released on Monday.

Apart from these, the coal block auction and the telecom spectrum auction will keep shares of power, metal, steel and telecom shares in focus.

Despite a number of events on the watch list, the sentiment in the market is subdued after
economic data released post market hours Thursday dashed hopes of another rate cut by the Reserve Bank of India. Data showed that in January, Index of Industrial Production moderated to 2.6%, while headline inflation rate for February based on CPI rose to 5.4%, marginally higher than the estimated 5.3%. This disappointment was reflected in the market movement yesterday, with indices shedding 1.5% each to end at an over one-month low.

Deutsche Bank said if the Consumer Price Index based inflation data moves in line with their
expectations in the next six months, then the 6% Jan 2016 target for inflation will not be
difficult to achieve. In such a scenario, the average CPI inflation for FY16 should be about
5.5%, which will allow RBI to cut rates by another 50bps. The bank also believes that the RBI will prefer cutting rates in the first half of the year, rather than the second half, "given that the second half of the year could see financial market volatility increase due to potential Fed policy normalisation".

Stock-specific action is likely to see Blue Star in action after the said it will sell its electronics
and industrial operations to its arm for 1.1 bln rupees.

Trading Forex India Tips, 3rd Session: 16.Mar.2015

CURRENCY TRADING TIPS - RUPEEDESK
( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR )

11:18.:00 : Buy USDINR (MAR) SA 63.13 SL 63.02 Target 63.23 / 63.31 / 63.39
11:18.:00 : Sell USDINR (MAR) SB 62.97 SL 63.08 Target 62.87 / 62.79 / 62.71
 USDINR (MAR) : INTRADAY TREND : DOWN SL : 63.04

11:18.:00 : Buy EURINR (MAR) SA 66.60 SL 66.49 Target 66.70 / 66.78 / 66.86
11:18.:00 : Sell EURINR (MAR) SB 66.44 SL 66.55 Target 66.34 / 66.26 / 66.18
 EURINR (MAR) : INTRADAY TREND : DOWN SL : 66.63

11:18.:00 : Buy GBPINR (MAR) SA 93.17 SL 93.06 Target 93.27 / 93.35 / 93.43
11:18.:00 : Sell GBPINR (MAR) SB 93.01 SL 93.12 Target 92.91 / 92.83 / 92.75
 GBPINR (MAR) : INTRADAY TREND : UP SL : 93.06

11:18.:00 : Buy JPYINR (MAR) SA 52.08 SL 51.97 Target 52.18 / 52.26 / 52.34
11:18.:00 : Sell JPYINR (MAR) SB 51.92 SL 52.03 Target 51.82 / 51.74 / 51.66
 JPYINR (MAR) : INTRADAY TREND : UP SL : 51.98 

Live Currency News, 2nd Session: 16.Mar.2015

CURRENCY TRADING TIPS - RUPEEDESK 
( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 

10:10.:00 : Buy USDINR (MAR) SA 63.21 SL 63.10 Target 63.31 / 63.39 / 63.47
10:10.:00 : Sell USDINR (MAR) SB 63.05 SL 63.16 Target 62.95 / 62.87 / 62.79
 USDINR (MAR) : INTRADAY TREND : UP SL : 63.04 

10:10.:00 : Buy EURINR (MAR) SA 66.45 SL 66.34 Target 66.55 / 66.63 / 66.71
10:10.:00 : Sell EURINR (MAR) SB 66.29 SL 66.40 Target 66.19 / 66.11 / 66.03
 EURINR (MAR) : INTRADAY TREND : DOWN SL : 66.69 

10:10.:00 : Buy GBPINR (MAR) SA 93.23 SL 93.12 Target 93.33 / 93.41 / 93.49
10:10.:00 : Sell GBPINR (MAR) SB 93.07 SL 93.18 Target 92.97 / 92.89 / 92.81
 GBPINR (MAR) : INTRADAY TREND : DOWN SL : 93.23 

10:10.:00 : Buy JPYINR (MAR) SA 52.17 SL 52.06 Target 52.27 / 52.35 / 52.43
10:10.:00 : Sell JPYINR (MAR) SB 52.01 SL 52.12 Target 51.91 / 51.83 / 51.75
 JPYINR (MAR) : INTRADAY TREND : UP SL : 52.04 

Live Forex Rate Tips, 1st Session: 16.Mar.2015

CURRENCY TRADING TIPS - RUPEEDESK 
( Paper Trading Practice for Currency Segment USDINR/EURINR/GBPINR/JPYINR ) 

09:15.:00 : Buy USDINR (MAR) SA 63.20 SL 63.09 Target 63.30 / 63.38 / 63.46
09:15.:00 : Sell USDINR (MAR) SB 63.03 SL 63.15 Target 62.94 / 62.86 / 62.77
 USDINR (MAR) : INTRADAY TREND : UP SL : 63.04 

09:15.:00 : Buy EURINR (MAR) SA 66.43 SL 66.32 Target 66.53 / 66.61 / 66.69
09:15.:00 : Sell EURINR (MAR) SB 66.27 SL 66.38 Target 66.17 / 66.09 / 66.01
 EURINR (MAR) : INTRADAY TREND : DOWN SL : 66.69 

09:15.:00 : Buy GBPINR (MAR) SA 93.19 SL 93.08 Target 93.29 / 93.37 / 93.44
09:15.:00 : Sell GBPINR (MAR) SB 93.02 SL 93.14 Target 92.93 / 92.85 / 92.77
 GBPINR (MAR) : INTRADAY TREND : DOWN SL : 93.23 

09:15.:00 : Buy JPYINR (MAR) SA 52.17 SL 52.06 Target 52.27 / 52.35 / 52.43
09:15.:00 : Sell JPYINR (MAR) SB 52.00 SL 52.12 Target 51.91 / 51.83 / 51.75
 JPYINR (MAR) : INTRADAY TREND : UP SL : 52.04