-------- Forwarded Message --------
Subject: Market Mantra: Nifty Fut (Nov) Update
Date: Fri, 30 Oct 2015 08:25:28 +0530
From: Asis Ghosh <asis...@gmail.com>
Reply-To: asis...@gmail.com
*All eyes will be on the BOJ today----*
SGX NF: 8123 (CMP)
NSE NF: 8142 (LTP)
As par early morning indication NSE NF may open around 8125-8140 zone,
following tepid overnight US market. But now Dow Fut is trading
comfortably in positive zone in around +0.5%.
Yesterday's US GDP was in line with market estimates and came at 1.5%
(against 1.6% estimate & prior 3.9%). That was largely USD neutral.
Globally, all eyes will be on the BOJ announcement shortly today for any
extension of QQE.
As par reports, BOJ may even consider to buy equity along with Govt
bonds to stimulate Japan's economy.
*For NF, technically, 8090-8055 is a good support zone followed by
8010-7975 zone.*
*
*
*On the upside, sustain over at lest 8140-8180 may attract 8210-8250
followed by 8285-8365 area in the next few days.*
Fear of Fed lift off in Dec has spooked our market to some extent
yesterday amid expiry related volatility. Asset slippage (NPA/NPL)
concerns for Axis bank also spilled over other private banks including
ICICI and some PSBS also (SBI/PNB etc).
But, going forward, even if Fed decides for token lift off in Dec to
counter growing criticism, there is enough global liquidity amid dovish
ECB/BOJ/PBOC. As par reports, there is a net inflow of around $35 bn in
the EM/DM EQ market for the last few months.
<http://3.bp.blogspot.com/-z7LcrZcCuVY/VjLZs7YxJ8I/AAAAAAAAEqM/Lsjyadc68fE/s1600/SGX-NF-30-10-2015.png>
<http://1.bp.blogspot.com/-OHVebJp558o/VjLZvCg_byI/AAAAAAAAEqU/IdoTmqYOW8o/s1600/SGX-NF-Pattern-30-10-2015.png>
--
Thanks & Regards,
Asis Ghosh
(asisghosh.blogspot.com)
NCFM-TA Certified
--
Kindly email stock reports at
STOCKRESEARCHER@googlegroups.com
For sharing knowledge
-- NIFTYVIEWS.COM NOW A FREE OPEN SOURCE WEBSITE.
http://www.niftyviews.com/
Disclaimer :-
"The opinions expressed by the members on this board are based on
their individual experience and perceptions and to share information
with other members with the best of intentions to help fellow members
in investment decisions as equity investment is a risky venture.The administrator of
www.Niftyviews.com just provide a platform for the authors to express their opinion
and take no guarantee for the genuineness of the same."ANY member of this forum
doesnt prepare or publish any research report; or ii. provide research report; or
iii. make 'buy/sell/hold' recommendation; or iv. give price target;
---
You received this message because you are subscribed to the Google Groups "Niftyviews.com" group.
To unsubscribe from this group and stop receiving emails from it, send an email
to stockresearcher+unsubscr...@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.
