Sunday, March 29, 2015

WEEKLY TREND;29/3/15

1.Markets may be flat with a negative bias,as low Liquidity,may make exiting Equities a bit tough,as per Kyle Bas,in Zerohedge site. 
2.BDI $ 596;  200 DMA 895.72
3.Physical Gold and Silver may prove safe-havens,due to the fluid Geo-Poltical and bad Economic situation.
   More so,as the NDA will be announcing its FTP,based on FTAs and concessions to export Sector.Jaitley has  also hinted on Public Spending on infrastructure[stimulus].
4.NMDC commissions 7 Million Tonnes per Annum Iron Ore unit at Bailadila,Dakshin Bastar District,Chhattisgarh,at Rs 600 investment.
Will be updated....

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