Tag Archives: Equity Mutual Funds

Oil: Why Prices are Falling!

Crude oil has dropped to its 4-year low, and the trend is still downward. We are mentioning here the main factors driving down the oil prices –

Jump in US Oil Production: US oil production has jumped by over 70% since 2008 which has caused a huge supply glut in markets forcing prices downward.

Lower Demand: Europe, Japan, and much of the developing world is facing slowing of economies leading to lower oil demand.

No Production Cut by Saudi Arabia: Saudi Arabia is maintaining the same oil production level in spite of a fall in demand and prices; this has added further pressure on oil prices.

RECOMMENDATION:

Falling oil prices are strongly favorable to India. We recommend investments in equity mutual funds at every correction.

Resource by:- https://www.linkedin.com/today/post/article/20141017110620-247646391-oil-why-prices-are-falling

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Filed under Commodity News, Currency Update, Debt News, Equity Market, Mutual Funds, World News

NIFTY: Bullish trend should Continue-8300 next Resistance

Technical View

Nifty this week crossed above 8000 which is 161.8% Fibonacci Level in addition to being a number with big psychological significance. Hence it is a crucial level and should prove to be a strong support. Above 8000, Nifty has a target of 8300.

Below 8000, it has strong support at 7850, 7730 and 7650. This trend will become bearish only if Nifty closes below 7568, its previous major low in August.

RECOMMENDATION:

Several midcap, small-cap, and infrastructure stocks have fallen sharply, offering excellent opportunity to investors to enter. Some slow moving cyclical stocks may surprise the markets.

The markets still offer opportunities for medium to long term investors in Equity Mutual Funds.

Click here to see our other Research reports or Visit:- https://www.linkedin.com/today/post/article/20140905093729-247646391-nifty-bullish-trend-should-continue-8300-next-resistance

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Filed under Finance

NIFTY-Bull Rally may Continue

  • Economic Data indicators are showing that the downtrend may be over. Several macro data i.e. corporate order books are rising, falling oil prices are going to substantially reduce deficit, monsoon has improved, export growth has improved, India may be rerated upwards and capital inflows are adequate.
  • Stock markets continued to go up last week due to improving global conditions and higher retail participation. Markets were optimistic on PM’s Independence Day speech, and Govt.’s higher GDP growth expectations.

Technical View

Nifty has broken the 7850 resistance decisively and if it sustains above this, it will enter a new bullish zone with immediate target of 8040 which is an important 161.8% Fibonacci level. Above 8040, the next major resistance is 8300.

NIFTY BullyStrong supports exist at 7850 and 7650. The markets may move choppily and test the levels intraday early next week.

RECOMMENDATION:

Several midcap, small-cap, and infrastructure stocks have fallen sharply, offering excellent opportunity to investors to enter.

The markets still offer opportunities for medium to long term investors in Equity Mutual Funds.

Click here to see our all Research Reports or Visit:- https://www.linkedin.com/today/post/article/20140822110000-247646391-nifty-bull-rally-may-continue?trk=object-title

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Filed under Currency Update, Debt News, Equity Market, Finance, World News