NIFTY breaks below all important 9540 mark - GEPL

Key Highlights:

NIFTY breaks below all important 9540 mark. It holds 9500 mark by a whisker though BREAKS to a century FALL (9473) momentarily.….

* The NIFTY opened @ 9594.05, UP by around 20 points over the extended weekend from last Friday. The market seemed quiet buoyed in the BEGINNING as NIFTY crossed above the

Nifty 50 ended with a loss of 55.05 points or 0.57% at 9574.95 - GEPL

Observations:

1. As on 23.6.2017, the long term moving averages stand as below: 50 DMA @ 9452, 100 DMA @ 9209, 200 DMA @ 8814. The NIFTY now trades above all the three averages, and each of the 3 averages are equi-spaced.

2. On the Index Futures side, both the FIIs as well as RETAIL seem to maintain the fine balance with the Index futures HOL

Subscribe On Au Small Finance Bank Ltd - GEPL

Company Background

Au Financiers (India) Ltd based in Jaipur, Rajasthan was incorporated in 1996, and was operating as a non-banking finance company focused on retail segment serving low and middle income individuals and businesses that have limited or no access to formal banking and finance channels. Au Financiers operates in 3 business lines namely V

Dollar index almost unchanged in subdued trade - GEPL

Dollar index almost unchanged in subdued trade

Market Commentary

* The dollar was little changed early on Friday as traders marked time ahead of next week's U.S. inflation-linked indicators.

* The dollar index against a basket of major currencies stood little changed at 97.547. The index peaked a

NIFTY remains directionless, even as intraday volatility is HIGH - GEPL

Key Highlights:

NIFTY remains directionless, even as intraday volatility is HIGH. Optimism pushes NIFTY to 9700, although the closing is little changed ..….

*  The NIFTY opened @ 9642.65, flat & UP by just 9 points over Wednesday. The market seemed propped UP in first half, as optimism pushed NIFTY to once ag

Fed comments push Dollar at session highs - GEPl

Fed comments push Dollar at session highs

Market Commentary

* The dollar hit a three-week high against the yen on Tuesday, after an influential Federal Reserve official said U.S. inflation should rise alongside wages, supporting expectations for the Fed to keep raising interest rates.

* The dollar r

NIFTY BULLS pull back above the physiological 9600 levels - GEPL

Key Highlights:

NIFTY BULLS pull back above the physiological 9600 levels, as it crosses above the earlier weeks’ HIGH. BANKNIFTY HITS an all time HIGH ….

* The NIFTY opened @ 9626.40, a GAP-UP of around 38 points over the closing of last Friday. After the clear BEAR day of last Thursday, the market was back to

NIFTY CPSE has immediate support placed at 2375 levels - GEPL

Observation

* NIFTY CPSE is one of the underperforming sectoral indices, as it closed down by 1.40% at 2458.85, as against a down move of 0.83% in benchmark NIFTY 50.

* The Sector had faced a strong resistance of it’s All Time High level which is placed @ 2770 - 2750 level since last one month and eventually breached the immediate supp

19/06/2017 5:02:03 PM | Posted in Broking Firm Views - Sector Report read full news
NIFTY REALTY holds strong Bullish momentum - GEPL

Observation

* NIFTY REALTY is the outperformer sector of last week. It showed a massive up move by 4.35%, as against a down move of 0.83% in benchmark NIFTY 50.

* The Sector is in long term Bullish Trend with the formation of Higher Top Higher Bottom sequences in all time frames charts as Daily, Weekly as well as Monthly, as can be seen in t

19/06/2017 4:57:23 PM | Posted in Broking Firm Views - Sector Report read full news
The NIFTY now trades above all the three averages, and the 100 DMA is up above the psychological 9000 mark - GEPL

Observations:

1. As on 16.6.2017, the long term moving averages stand as below: 50 DMA @ 9411, 100 DMA @ 9154, 200 DMA @ 8792. The NIFTY now trades above all the three averages, and the 100 DMA is up above the psychological 9000 mark while maintaining the positive crossover with respect to the 200 DMA, which it is maintaining since week ended April 13,

Dollar remains at lows amid soft housing data - GEPL

Dollar remains at lows amid soft housing data

Market Commentary

* The dollar slipped against a basket of the other major currencies on Friday, after weak U.S. housing and consumer sentiment data backed bets of a slower pace of interest rate hikes from the Federal Reserve.

* The U.S. dollar index decl

Subscribe On Central Depository Services (India) Ltd - GEPL

Company Background

Central Depository Services Limited (CDSL) , is the second Indian central securities depository based in Mumbai. CDSL was established by BSE in 1997 and its operations were flagged off in 1999. According to the draft prospectus, BSE which is its promoter holds 52,297,850 shares or 50.05% equity stake in the depository subsidiary. Thi

Dollar holds steady at close to 2-week highs on upbeat economic data - GEPL

Dollar holds steady at close to 2-week highs on upbeat economic data

Market Commentary

* The dollar rose to its highest in more than two weeks on Thursday as solid readings on the U.S. economy helped strengthen the case for the Federal Reserve to continue tightening monetary policy this year.

* The n

NIFTY breaks below 9600 levels for the first time after 15 days - GEPL

Key Highlights:

NIFTY breaks below 9600 levels for the first time after 15 days, Misses 3 week LOW by a whisker….

* The NIFTY opened @ 9617.90, flattish over the closing of 9618.15 of Wednesday. After many days it was a clear BEAR day, with market drifting in a LOWER TOP & LOWER bottom fashion yet it missed 3 week

Subscribe On Eris Lifesciences Ltd - GEPL

Company Background

Eris Lifesciences Ltd is an Ahmedabad, Gujarat based pharmaceutical company, incorporated in 2007 that is engaged in research, development, manufacturing and selling of select therapeutic areas within the chronic and acute categories of the Indian Pharmaceutical Market.

Company’s focus has been on developing, manufacturing and marketing products, whi

Subscribe On Tejas Networks Ltd - GEPL

Company Background

Tejas Networks Ltd is a Bangalore based company, incorporated in 2000, making optical and data networking products. It designs, develops and sells products to telecommunications service providers, internet service providers, utility companies, defense companies and government entities in India and over 60 countries. These products ar

NIFTY wallets around the GOLDEN ratio, HOLDS 9600 levels by a whisker - GEPL

Key Highlights:

NIFTY wallets around the GOLDEN ratio, HOLDS 9600 levels by a whisker….

* The NIFTY opened @ 9621.55, UP by around 15 points over Tuesday. The first half of the trading session belonged to the BEARS, as they continued with the drift from earlier day. In the process, NIFTY created a 2 week LOW @ 9580.45

NIFTY falters as it faces strong resistance at higher levels - GEPL

Key Highlights:

NIFTY falters as it faces strong resistance at higher levels, HOLDS 9600 by a whisker….

* The NIFTY opened @ 9615.55, flattish & DOWN by just 1 point over Monday. The better part of the trading session sided with the BULLS, as NIFTY had a take at the 9650 mark by around 2 pm. However the BULLS lost