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Showing posts from September, 2017

NIFTY 50 AND BANKNIFTY INTRADAY STRATEGY

DSR Broking
NIFTY 50
Updated for-Sep/29/2017
Nifty closed on a bull note at 9768 level .So today on upside first intra resistance is at 9796-01 level.Next resistance are at 9824-29,9871-66,9922-27,9962-67,10028-33,10080-85,10096-01,10133-38,10176-81,10218-23,10249-53,10274-78,10320-24 level.On downside first support is at 9740-35 level.Next support are at 9712-07,9666-61,9615-10,9577-72, 9508-03,9462-57,9447-42,9423-18,9419-15,9389-85,9331-26 level. Market is bear zone mainly owing to korean tension .So today for intraday on upside intra resistance are at 9796 and 9829 level On downside be alert below 9735 and avoid all longs below 9707 level as selling may intensify below that level .  Positional Support for NIFTY 9243 and positional Resistance for NIFTY is 9791 9875 9913 9959 9968 9985 10006 10024 .Intraday Resistance of NIFTY are 9825 : 9871.5 : 9917.8 : 9938.5Intraday Support of NIFTY are 9712.9 : 9666.4 : 9621.3 : 9600.9BANK NIFTY 
BANKNIFTY 23735 21929 and positional Resistance for B…

How to trade in currency Market , Watch the video of Currency Factor

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Top most four factor of currency market , In our Currency market trade are anticipating currency move only by US sale data and many logic thing to make our daily strategy . But is factor is the base of currency . And move understanding about so watch this video tell end. 

Video link : - https://youtu.be/AUCqyBADMIc


Inflation

As a general rule, a country with a consistently lower inflation rate exhibits a rising currency value, as its purchasing power increases relative to other currencies. During the last half of the 20th century, the countries with low inflation included Japan, Germany and Switzerland, while the U.S. and Canada achieved low inflation only later. Those countries with higher inflation typically see depreciation in their currency in relation to the currencies of their trading partners. This is also usually accompanied by higher interest rates.

Interest Rates

Interest rates, inflation and exchange rates are all highly correlated. By manipulating interest rates, central banks …

Reliance Home Finance Ltd lists shares on BSE and NSE

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       IN TWO DAY STOCK WILL HIT 5% CIRCUIT 

Reliance Home Finance Ltd. lists its Equity Shares at the National Stock Exchange of India Ltd. (NSE) and BSE Ltd.

The announcement was made at an impressive listing ceremony fittingly held at NSE. The event began by lighting of the ceremonial lamp by the hands of Mrs.Tina Ambani. Other key personnel present were Mr. Anil Dhirubhai Ambani, Chairman, Reliance Group of Companies; Mr. Anmol Ambani, Executive Director, Reliance Capital; Mr. Ravindra Sudhalkar, ED & CEO, Reliance Home Finance and Mr. Vikram Limaye, MD & CEO, NSE. The listing ceremony was well attended by key stakeholders including Board of Directors, Executive Managers and other dignitaries.

Speaking about RHFL's listing, Mr. Anmol Ambani, Executive Director, Reliance Capital said, "The listing results in Reliance Capital Shareholders directly owning stake in RHFL, with over 9 lakh shareholders, the largest shareholder base in a housing finance company." Makin…

Prataap Snacks Limited IPO (Prataap Snacks) Detail

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DSR Broking

Up Coming IPO

Incorporated in 2009, Prataap Snacks is Indore, MP based Indian Snack Food Company. Prataap Snacks sell products under the brand name "Yellow Diamond". Company is among the top 6 Indian organized snack market. Prataap Snacks has a diversified product portfolio including traditional and western snacks. Company manufacture and sell it's snacks under three major savory snack food categories: 1. Extruded Snacks: Processed, reconstituted and shaped potato or cereal based snacks. This includes Puffs, Rings, Pellets and Chulbule products.
2. Chips: Fried, sliced chips or crisps made from potatoes, hummus, lentils.
3. Namkeen: Traditional savoury Indian snack which includes products such as moong dal, masala or fried nuts, sev and bhujia. In Fiscal 2017, revenue from Extruded Snacks, Chips and Namkeen represented 62.99%, 23.85%, and 12.23%, respectively

Company has pan-India distribution network supported by strategically located manufacturing facilities. Compa…

SBI Life Insurance Company Ltd IPO (SBI Life Insurance IPO) Detail

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DSR Broking Incorporated in 2000, SBI Life Insurance Company Limited is India based private life insurer. SBI Life Insurance is a joint venture between the State Bank and BNPPC. State Bank is India's largest commercial bank. BNPPC, an insurance subsidiary of BNP Paribas, with operations across 36 jurisdictions internationally, is among the leading credit life insurance businesses globally. BNP Paribas is in top 10 global financial institution in terms of revenue.
SBI Life has product a portfolio of 37 individual and group products, including a range of protection and savings products to address the insurance needs of diverse customer segments. Company has developed a multi-channel distribution network comprising bank branches of SBI and its associated banks, individual agent network (93,849 agents) and other distribution channels including direct sales and sales through corporate agents, brokers, insurance marketing firms and other intermediaries. SBI Life turned profitable within the…

Dixon Technologies share was going up and Nifty has maded a fresh high

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DSR Broking

Today, Dixon Technologies has an important listing of its stock, And Today, which was the most growing share in the entire market, its name is Dixon Technologies.

Consumer electronics manufacturer Dixon Technologies climbed over 66 per cent in Monday's trade after making a stellar debut earlier in a day. 

The scrip rallied further and hit a high of Rs 2,998 on BSE. At 1 pm, the stock was trading at Rs 2935, up 66.20 per cent. The stock, earlier in the day, made a stellar debut on BSE, as the scrip got listed at Rs 2,725, a premium of 54.30 per cent over its issue price of Rs 1,766. 

At the issue price, P/E multiple worked out to be 38.5 times of FY2017 EPS while on P/BV basis, the stock was valued at 9.8 times of FY2017 book value. 

The IPO which ran between September 6 and September 8 had witness an overwhelming response from investors. It was subscribed 117.83 times, with the portion reserved for non-institutional investors getting 345.61 times subscription, followed by q…

Dixon Technologies (India) Limited IPO (Dixon IPO) Detail

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Incorporated in 1993, Dixon Technologies is engaged in manufacturing products in the consumer durables, lighting and mobile phones markets. The product portfolio of Dixon include: 1. Consumer electronics like LED TVs
2. Home appliances like washing machines
3. Lighting products like LED bulb, tube lights, CFL bulbs etc.
4. Mobile phones Company also provide repair and refurbishment services of set top boxes, mobile phones and LED TV panels. Dixon is leading manufacturer of lighting products of CFL, LED bulbs, LED TVs and semi-automatic washing machines in India. Dixon manufacture products for popular retail brands including Panasonic, Philips, Haier, Gionee, Surya Roshni, Reliance Retail, Intex Technologies, Mitashi and Dish. Dixon is also a leading Original Design Manufacturer (ODM) in India. Company develop and design products in-house at its R&D facility. The ODM business contribute over 25% of its revenue. Company have six manufacturing facilities located in the states of Uttar Prades…

Bharat Road Network Limited IPO (Bharat Road Network IPO) Detail

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Incorporated in 2006, Bharat Road Network Limited, a subsidiary of SREI Infrastructure Finance Ltd is engaged in the business of development, implementation, operation, and maintenance of roads/highways projects. Bharat Road involved in the development, operation and maintenance of national and state highways in several states in India with projects in states of Uttar Pradesh, Kerala, Haryana, Madhya Pradesh, Maharashtra and Odisha through partnerships with experienced EPC players in the local space where the project is located. Company offers a range of project management services, including design, engineering, and quality control, as well as engineering, processing, and construction management; and project advisory services, such as project management consultancy, project conceptualization, commissioning, and operation and management of the projects, as well as undertakes debt syndication, refinancing, and financial restructuring of its projects. Their project portfolio consisting of …

Trends in selected commodity markets

After two months of average declines there was a recovery in oil prices in the second half of the month on improving signs of market rebalancing supported by overall commodities market sentiment. At the same time, improving global manufacturing prospects yielded support to base metal prices. The Markit global manufacturing PMI rose to a three-month high of 52.7, supported mainly by some acceleration in China.

Agricultural commodities -  were supported by adverse weather conditions in the US plains, though as weather conditions improved the larger share of the gains were reversed. Meanwhile, a lower expected path of interest rate increases by the US Federal Reserve (Fed) in the second half of the month was supportive of gold prices while the US dollar generally weakened.

Agricultural prices advanced with increases in food, beverages and raw materials groups. Increases in food prices were led by higher soybean and wheat prices, particularly in the first days of the month as dry weather in…