Wednesday, 24 June 2015

Profit booking in final hour update for 24 June 2015

After trading in the green for most part of the day, the Indian markets dipped below the dotted line towards the end as selling activity increased in the final hour of trade. The BSE-Sensex closed the day lower by about 125 points, while the NSE-Nifty ended with losses of about 33 points. While weakness was seen in certain sectors such as consumer durables and metal, those from the healthcare and FMCG space led the pack of gainers. Midcaps and smallcaps ended the day on a negative note as well with the S&P BSE Midcap and S&P BSE Smallcap indices closing lower by about 0.5% and 0.6% respectively

European markets are mixed today. The CAC 40 is up 1.18% while the FTSE 100 gains 0.48%. The DAX is down by about 0.22%. Asian markets finished broadly higher with shares in China leading the region. The Shanghai Composite is up 2.48% while Japan's Nikkei 225 is up 0.28% and Hong Kong's Hang Seng is up 0.23%.The rupee was trading weak by 4 paise at 63.63 in the afternoon session against the US$.

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Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.

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