Front-Run


Today's Market Influencer :


Today Movement - Neutral to Negative


USA and Asia markets including China are negative as South Korea virus cases crosses 1000 and CTA(algorithm funds) join the selling pushing the S&P500 to 3128 ,closing below it might lead to another round of global equity selling . The oil prices are at $54.7/bbl(0.64%) as spread of virus to other countries have resulted in shut down of another set of flights and lower industrial activity though certain SMEs in China have restarted production. USDINR at 71.87(0.02%) though crude drops but risk off trade favours dollar index and FII selling.

Important close levels - 11659/12295


Stock of the Day :


Adani Enterprise Ltd. - SELL - Stop Loss 252 & Target - 240/235/229

(IMP : Do not trade if opens at Stop loss/Target levels)


GoI has taken back second phase of airport privatisation as it discusses restricting the number of bids a single operator can win. And interest in bidding for Air India might be short and medium term negative for the group.


We would be negative for intraday trade.




Recent Posts

See All

Front-Run

Today's Market Influencer : Today Movement - Neutral to Negative USA markets and China are flat to negative as USA retail sales data is 5 year low and other data is also critically low. The oil prices

Front-Run

Today's Market Influencer : Today Movement - Neutral to Negative (Risk : Stimulus or Reopen announcement) USA markets and China are negative as the total cases continue to spike in USA with increase i