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Saturday, May 27, 2017

Introducing BLUE CHIP Service For Stock Market Traders

Blue chip stock is a high-quality and high-priced stock. It gains that status from its past record of being a high growth, high dividend paying company. These companies would be leaders in its field.
The Blue Chip shares are of very large and well-recognized companies with a long history of sound financial performance.
These stocks are known to have capabilities to endure tough market conditions and give high returns in good market conditions. Blue chip stocks generally cost high, as they have good market reputation.

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A Blue chip company is very strong financially, with a solid track record of producing earnings and only a moderate amount of debt. It also has a strong name in its industry with dominant products or services.

Blue chip companies have several characteristics:
• They are usually large companies.
• They are usually older companies.
• They generally sell widely used products or services.
• They perform relatively well during economic downturns.
• They have records of long-term, stable growth.
• They usually pay regular dividends, and those dividends usually grow over time.
• They have reputations as management and industry leaders.
• They are usually very creditworthy.

As per market capitalization, the leading blue chip companies of India are Tata Consultancy Services (TCS), Reliance Industries, Oil and Natural Gas Corporation Limited (ONGC), Imperial Tobacco Company of India Limited (ITC), Housing Development Finance Corporation Limited (HDFC) Bank, Coal India, Sun Pharmaceutical Industries Limited, Infosys, State Bank of India (SBI) and Industrial Credit and Investment Corporation of India Limited (ICICI) Bank.

• We provide1- 2 intraday stock CASH calls in blue chip stocks only.
• Each call will have Two target and one stop loss
• The quantity to be traded will be defined in calls as per levels.
• Updates on important news & information
• Proper follow up through SMS and Messenger
• Nifty Review Support & resistance
• World Market, Singapore Nifty & Other Updates
• Daily news letter with updates about market activities

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Friday, April 14, 2017

Rupee Rebounds 26 Paise To 64.41 Against US Dollar

The rupee on Thursday staged a smart rebound and closed 26 paise higher at 64.41 against the US dollar on account of fresh selling of the American currency by exporters as also helped by weakness in greenback overseas.
In the global market, the dollar remained under pressure in early trade today, with US President Donald Trump stating that he prefers a weaker US currency, hurting investing appetite for the greenback. The rupee opened higher at 64.45 as against yesterday's closing level of 64.67 per dollar at the Interbank Foreign Exchange market here today.
TradeIndia Research Indian Rupee
Later, it advanced to 64.26 on good bouts of dollar selling from banks before ending at 64.41, showing a gain of 26 paise or 0.40 per cent.
The domestic currency hovered between 64.26 and 64.48 per dollar during the day. The RBI, meanwhile, fixed the reference rate for the dollar at 64.3165 and for the euro at 68.6193. The dollar index, which tracks the US currency against a basket of six major rivals, was trading lower by 0.45 per cent to 100.33. In cross-currency trade, the Indian unit firmed up against the pound sterling and finished at 80.71 from 80.82 per pound and advanced further against the euro to settle at 68.47 compared to 68.54 earlier.
However, it drifted against the Japanese Yen to end at 59.02 per 100 yens from 58.97 yesterday.
In an interview with Wall Street Journal, Trump said the dollar "is getting too strong" and that he would prefer if the Federal Reserve kept interest rates low.
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His comments appeared to have the desired effect, immediately sending the dollar lower, to trade around a five-month low against the yen.
In the forward market today, premium for dollar inched up on mild payments from corporates.
The benchmark six-month premium for September ended steady at 150-152 paise and the far-forward March 2018 inched up to 308-310 paise from 307.5-309.5 paise.
Meanwhile, the benchmark Sensex dropped further by 182.03 points or 0.61 per cent to close at 29,461.45.

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