Yesterday nifty traded flat , very low volume market nowdays, if it click our support and manage to stays below our level then it may hit till 5520-550
If nifty future manage to click our resistance and stays above our resistance then it may click till 5650-5680
overall no major trend so follow levels
more will update on twitter http://twitter.com/mohdarfat
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nifty updates and levels | Tagged: delhi, economy, free nifty calls, free nifty tips, india, nifty, Nifty 50, nifty trading calls, nifty trading tips, sensex | 
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Posted by mohdarafat
USDINR trading lower since morning due to powerful equity fire , now trading at 54.40 , if it click our resistance and stays above this resistance then 55-55.30 not ruled out
if USDINR manage to click our support level and stays below this level then 53.80-53.50 is next in USDINR
More will update on twitter http://twitter.com/mohdarfat
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Posted by mohdarafat
Eurusd still trading lower since yesterday now at 1.2780 if it click our support and stays below this level then expect 1.2710-1.2650 and even more
if euro manage to pull till our resistance level and stays above this resistance then expect good short covering till 1.2860-1.2900
overall looking for a bounce so avoid short till not breaking our support
more will update to our subscribers
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Posted by mohdarafat
Nifty Future trading in a very small range since so long, if it click our support and manage to stays below this level then expect till 5650-5620
If nifty future manage to click our resistance and stays above this resistance then 5760-5780
overall no major trend in nifty future so follow strict levels
more will update on twitter http://twitter.com/mohdarfat
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Posted by mohdarafat
Nifty future again trading in same range , if it click our resistance and stays above this resistance then it may hit till 5770-5790
if nifty future hit our support and stays below this level then we may hit till 5650-5620 and even more
overall nifty trading in a small range so follow all levels
more will update to our subscribers
Leave a Comment » | nifty updates and levels | Tagged: economy, forecast, nifty, Nifty 50, nifty calls service, nifty future calls, nifty future signals, nifty future tips, nifty future tips service, nifty sensex view | Permalink
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U.S. stocks rose for the fifth week, giving the Standard & Poor’s 500 Index the longest rally since March, amid better-than-expected earnings and optimism that global central banks will take actions to stimulate growth.
Cisco Systems Inc., Alcoa Inc. and Hewlett-Packard (HPQ) Co. rose at least 7.3 percent, driving the Dow Jones Industrial Average (INDU) to its longest winning streak since October. Raw-material producers rose the most among 10 S&P 500 groups, as International Flavors & Fragrances Inc. (IFF) climbed 11 percent on better-than-estimated earnings. Knight Capital Group Inc., the firm driven to the brink of bankruptcy by trading losses, tumbled 28 percent after receiving a cash infusion.
The S&P 500 advanced 1.1 percent for the week to 1,405.87, extending its 2012 gain to 12 percent. The Dow climbed 111.78 points, or 0.9 percent, to 13,207.95. The Chicago Board Options Exchange Volatility Index (VIX), a benchmark gauge for options that protect against losses in the S&P 500, slipped 5.8 percent to 14.74, the lowest level since March.
“The risk-on trade is back,” Scott Armiger, a money manager at Christiana Trust in Greenville, Delaware, which has $11 billion in client assets, said in a phone interview. “People think things are on a much better footing now. No matter what they do, it’s either if the numbers are good, then we’re recovering, or if the number are bad, the Federal Reserve will stimulate and we’ll still move up.”
Equities advanced as German Chancellor Angela Merkelbacked a bond-buying proposal by the European Central Bank. A collapse in China’s exports added to signs the global economy is weakening, stoking speculation the government will step up measures to support expansion. In the U.S., central bank officials debated whether more action is needed to stimulate growth.
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China’s inflation cooled for a fourth month, and central banks in Japan and South Korea saw little sign of price pressures, underscoring the scope for monetary stimulus should the European crisis deepen.
Consumer prices in China rose 1.8 percent in July from a year earlier, the National Bureau of Statistics said today in Beijing. The Bank of Korea said inflation will stay subdued, and the Bank of Japan anticipated that its benchmark gauge of prices will remain unchanged “for the time being.”
The reports from three of Asia’s four largest economies signaled that the jump in price of commodities from wheat and soybeans to corn in recent weeks has yet to constrain the consideration of further monetary stimulus. The BOK and BOJ stopped short of easing today, while reiterating that they are taking steps to strengthen demand.
“Inflation isn’t a major issue for Asian central bankers right now,” said Satoshi Osanai, an economist at the Daiwa Institute of Research in Tokyo. “Compared with advanced nations, Asian countries and emerging nations have more scope to cut interest rates or apply monetary easing.”
Elsewhere in the Asia-Pacific region, Australian employers boosted payrolls in July and theunemployment rate unexpectedly fell, sending the local dollar near a 4 1/2-month high. New Zealand’s unemployment rate rose to a two-year high last quarter.
Indonesia also decides monetary policy today and will probably keep interest rates unchanged for a sixth month, according to 25 of 26 economists in a Bloomberg survey. The State Bank ofPakistan is scheduled to decide on borrowing costs tomorrow.
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Oil advanced for a second day as U.S. stocks gained amid better-than-forecast earnings and as Germany backed the European Central Bank’s bond-buying plan, easing concern that the region’s debt crisis is worsening.
Prices erased losses after the Standard & Poor’s 500 Index rose to a three-month high. The euro strengthened as German Chancellor Angela Merkel’s government supported the plan. Oil fell earlier as Tropical Storm Ernesto moved away from producing regions in the Gulf of Mexico.
“The stock market is edging higher and we are seeing some buyers coming in,” said Gene McGillian, an analyst and broker at Tradition Energy in Stamford, Connecticut. “The euro is rising against the dollar. It does look like the market has higher levels in front of it.”
Oil for September delivery added 44 cents, or 0.5 percent, to $91.84 a barrel at 12:19 a.m. on the New York Mercantile Exchange. It rallied 4.9 percent on Aug. 3, the biggest gain since June 29, sending prices to the highest settlement since July 20. Prices are 7.1 percent lower this year.
Brent crude for September settlement increased 10 cents to $109.04 a barrel on the London-based ICE Futures Europe exchange.
The S&P index rose as much as 0.6 percent to 1,399.54, the highest intraday level since May 3. The S&P GSCI Index of 24 commodities advanced 0.2 percent.
The euro climbed 0.2 percent to $1.2417, erasing an earlier decline, after Merkel’s deputy spokesman, Georg Streiter, said the government backed the ECB’s bond-buying plan announced last week. A stronger euro and weaker dollar increase oil’s appeal as an investment alternative.
Oil declined earlier on projections that Ernesto will cross the Yucatan Peninsula, according to the U.S. National Hurricane Center, lessening the threat to oil platforms in the Gulf, home to 29 percent of U.S. production.
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Banks in the U.S. are lending the most since the recession ended in June 2009, supporting an economy weighed down by 8.3 percent unemployment
Borrowing by consumers and businesses rose in the week ending July 25 to $7.1 trillion, within 2.9 percent of its October 2008 peak, according to Federal Reserve data. New lending for autos jumped to $134.3 billion in the first four months of the year, up 56 percent from the same period in 2009, according to credit bureau Equifax Inc. (EFX)
The increase in lending may prevent the economy from slowing further after growth cooled to a 1.5 percent annual pace of growth in the second quarter. While the Fed last week moved closer to expanding its record stimulus, the figures on credit indicate that 43 months of near-zero interest rates may finally be giving the economy the jolt it needs, said Jim Paulsen, who helps oversee $320 billion as chief investment strategist at Wells Capital Management in Minneapolis.
“Many pieces of the credit-creation process are starting to work again,” Paulsen said. “Banks are lending, people are borrowing, housing prices are going up and a sense of normality is returning.”
Among the reasons for the pickup in lending: Households, whose spending makes up 70 percent of the economy, have cut debt since the 2008-09 credit crisis, while banks have increased liquidity and bolstered capital buffers. Credit requirements for buyers of new and used cars have eased.
Stocks climbed today amid better-than-estimated corporate earnings. The Standard & Poor’s 500 Index rose 0.6 percent to 1,399.01 at 10:35 a.m. in New York.
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Swiss banks must lure affluent clients from emerging markets or face a “slow death” as the pursuit of tax dodgers by U.S. and European authorities results in outflows of assets, industry officals and investors said.
Western Europeans may pull as much as 135 billion francs ($139 billion), or 15 percent of their holdings, from Swiss banks, said Herbert Hensle of Cap Gemini SA. Bank Sarasin & Cie. AG reported last week that private clients withdrew 3 billion francs from Swiss locations in the year through June.
Switzerland built the world’s biggest offshore wealth center during an era of “black money” that ended when the U.S. suedUBS AG (UBSN) three years ago. Many of the highest fee-generating European and American customers are withdrawing funds as the hunt for tax evaders widens. As many as 100 Swiss banks will vanish, according to Vontobel Holding AG Chief Executive Officer Zeno Staub.
“It will not be a big bang, but an erosion as amnesty programs are put together and as clients declare themselves and come clean,” said Francois Reyl, chief executive officer of Geneva-based Reyl Group, which manages 5.5 billion francs of assets. “Those banks which don’t adapt will die a slow death.”
Some banks are already under pressure. EFG International AG, the Swiss bank controlled by billionaire Spiro Latsis, last month reported outflows from continental Europe in the first half, while net new money from private clients at Vontobel fell 86 percent to 100 million francs from a year earlier.
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