Sunday, 12 June 2016

Intraday Trading Strategies of Indian Share Market.

Sensex 250 points and Nifty 74 points down, largest decline in banking stocks.
The first intradaytrading session of the week due to the sharp down in US and Indian stock market opening of the Sensex and Nifty with the down. The BSE 30-share Sensex index down 260 points to 26,377 and the Nifty live chart down 74 points to 8096's.

PSU banking and realty stocks downs
PSU banks, realty, banking, auto, FMCG, IT, metal and capital goods stocks were the biggest selling dominates. Bank Nifty dropped to 1%, the level of 17640. PSU Bank Nifty index 2%, 1.3%, BSE Auto Index, the FMCG index 0.75%, IT index by 0.7% and 1.4% in Metal Index has weakened. BSE Realty Index was up 1 percent and Capital Goods Index declined by 1%.

Recently stocks of Nifty
The market turnover heavyweights, ICICI Bank, Tata Motors, Tata Motors DVR, Idea Cellular, SBI, Axis Bank and BHEL are broken from 2.7 to 1.8%. However, in early trade, BPCL, Tata Power, Dr Reddy's, Cipla and Lupin have risen from 0.9 to 0.25%.
Midcap stocks, Indian Bank, Indiabulls Housing, LIC Housing, Canara Bank and Oriental Bank fell the most 2.5 to 1.8%. Smallcap stocks Diamond Power, ABG Shipyard, Gokaldas Export, Monnet Ispat and Binani Industries most 5 to 3.7% have crashed.

All of the negative market signal
•          The sharp fall in the global market, which is likely to impact on the Share market.
•          Before the Federal Reserve meeting in the US equitymarket started to shift demand towards the gold is.
•          201 crore of FII buying on Friday in the cache.
•          DII Friday have sold Rs 165 crore in cash.

Up trend in gold live prices, silver and crude oil are in down trend
In the first day trading session of the week, gold live chart is seeing uptrend. Gold upped 0.34% in the Commodity Market is the level of 29790 per ten grams. At the commodity market, gold for August delivery rose 0.26%, to Rs 30136 per ten grams level is reached.
Gold prices have risen because of signals from the international market. About 4 weeks in the international market, gold is trading at the highest level. Britain's European Union referendums on staying or not staying before investors are putting money in safe investments. This is supported to gold.
Also according to technicalanalysis software, silver live chart and crude oil live chart shows down trend.

Rupee 17 paisa with osteoporosis 66.93 / $ at the open
In the first intraday trading session of the week against the dollar, with the weakness of the Indian rupee 17 paisa at 66.93 is open.However, Friday's trading session 5 paisa to the rupee had closed at 66.76.

On Friday, the rupee fell by 5 paisa

Last week's last trading session of Currency Market on Friday, with the weakness of 5 paisa, the rupee closed at 66.76. Whereas, with the rupee weakness was introduced.The rupee declined by 9 paisa at 66.80 was open.The rebound in the dollar index increased pressure on the rupee.However, Thursday's trading session 7 paisa to the rupee had closed at 66.71. 

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