Rupee extend gains taking cues from equity markets

RESEARCH BHASKAR :-

Maintaining its good form for the third day, Indian rupee ended higher against dollar on Friday due to sustained selling of the US currency by exporters and banks. Sentiments remained upbeat with private weather forecaster Skymet’s statement that the increase in pre-monsoon showers across India is hinting at the arrival of monsoon 2017, which is not very far away. The weather forecasting agency predicted that monsoon will make an onset over Kerala by May 29, with a margin of error of three days. Some support also came with a private report stating that India maintained its number one position of being world’s top most Greenfield FDI investment destination for the second year in a row, attracting $62.3 billion in 2016. The rupee got additional support with increased foreign fund inflows along with higher domestic equity market, which zoomed to new highs. On the global front, British pound fell sharply against major crosses on Friday, after a poll showed a further narrowing of the Conservative Party’s lead before the U.K.’s general election.

RESEARCH BHASKAR

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TODAY AGRI COMMODITY MARKET TREND & LEVELS UPDATE 11 MAY 2017.

RESEARCH BHASKAR 


AGRI COMMODITY MARKET OUTLOOK

Soybean

 Soybean Jun futures closed lower on Wednesday due to weak trend in the International  market but spot prices improve on good meal exports data. According the latest forecast by IMD, India may receive higher monsoon than previous forecast in April. As per USDA latest report, soybean production in the country is kept at the same level at 115 mt as last year while the crushingvolume will be improved while meal exports and soy oil imports will be higher in 2017/18 compared to last year. This indicates that there will be ample supplies available in the next season too.

Refine Soy Oil

 Refined soy oil futures closed little lower despite firm trend in the physical market mainly due to profit booking. There is expectation of improving physical demand in coming months due to festival  season. However, there is still good domestic supplies due to cheap imports & good domestic crushing. Government increases the tariff value for crude soyoil for the first half of May by $10 to $780 per tonnes. World Soybean oil production is forecast to rise to 56.2 mt in 2017/18 from 54.3 mt last year as per USDA latest report.   

Jeera
 
Jeera Jun futures continue its range bound trade this week to closed lower on Wednesday. The arrivals have been lower during first 7 days of May compared to April. As per Agmarknet data, about 2,450 tonnes of jeera arrived in May (1-7) compared to 7,997 in April (1-7). On the export front, country the exports increase by 29.6% to 1,08,513 tonnes in first 11 month of marketing year 2016/17 as per the data release by Dept of commerce, GOI. Recently, Gujarat Agriculture  Department in its 3 rd advance estimates for 2016/17 has revised down the production estimates to 2.12 lt, down 4% from its 2nd estimates and almost 11% compared to last year production of 2.38 lt.

Turmeric

NCDEX Turmeric corrected on Wednesday after surging over 3.5% in the previous session on 
profit booking. During the current season, there was lower demand from industrial buyers & higher stocks available in the country. Turmeric arrivals in the country are lower in first 7 days of May at 11,528 tonnes compared to 20,703 tonnes during April (1-7), as per the Agmarknet data. The lower arrivals are due to poor realization by the farmers. On the export front, country exported about 97,596 tonnes during April-Feb period; up by 26.6% compared to last year exports of 77,087 tonnes, as per government data. There are expectations of improved demand in coming weeks as prices are lower.

AGRI COMMODITY MARKET LEVELS

JEERA

P. POINT-18410

S1 - 18300       R1 -18550

S2 –18200       R2 -18650

SOYABEAN

P. POINT-2926

S1 - 2920         R1-2945

S2 - 2910        R2-2960

CORIANDER

P. POINT-6567

S1- 6500         R1-6620

S2- 6450         R2-6720

R.M SEED

P. POINT-3759

S1 - 3710         R1-3770

S2 - 3685         R2-3810

TURMERIC

P. POINT-5602

S1- 5550         R1-5750

S2- 5450         R2-5850  

For further news & update contact to good stock consultant  in India or visit website.

How to earn money in share market?

How to earn money in share market?

While it's certainly possible (even easy) to make money investing in the stock market, it's also possible to lose really quickly if you don't know what you're doing. Before you take any action, do your research and wait until you're ready to dive in. As we can say that, investing is a no-called-strike game.

RESEARCH BHASKAR

How to Earn Money

Trading is simple, but not easy. You have to be disciplined. Simple is like that we get many trading tips, by advisor but their execution is important Overall profit is depends on good advisor. It will make sure profit by good consultant. We can say that profit is depends on selection of consultant & Profits also depend on risk management. We have been in the market for 20-25 years experience & we have seen that people do make money by trading shares with good consultant in the share market.

The importance of discipline in share trading cannot be obver stressed. That is because in most cases, when people are making money, greed makes them wait for more, and so they don't book profits. When prices fall, fear makes them sell fast. These situations can be avoided if they know when to book profit/loss.

If losses are not a deterrent and the market's roller-coaster movements give you a high, here are a few habits and skills that can help you stay on the right track. These are useful for day traders as well as positional traders.

Discipline: The key to success is a stop-loss order. Stop loss helps a trader sell a stock when it slides to a certain price. Suppose you buy shares of company A at Rs 100 and set a stop loss at Rs 95. When the price falls to Rs 95, the shares will be sold automatically. This means you have limited your loss to Rs 5. While entering a trade, you should be clear about how much loss you are willing to accept.

Skill: Trading is a skill, says Derek. "You have to learn what not to do along with what you should do. You should also know how to spot amateurs and trap them and how to take positions. Also, you should be quick to get in and very quick to get out," he says. A lot of amateurs in the market buy at a wrong point. A skilled trader identifies such people and takes an opposite position to trap them.

Planning: One should identify a few stocks and focus on them.

To earn money in share market is not a big problem we can earn huge amount of profits if our selection is good like according to market which stocks are on moving position remaining one on holding so for further information just contact to good stock consultant in india.