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With the stock market turning volatile this year, many stocks have formed base-on-base patterns. Keep an eye out for those, because they tend to be strong chart formations. The base-on-base is, of course, a combination of two bases.

With the stock market turning volatile this year, many stocks have formed base-on-base patterns. Keep an eye out for those, because they tend to be strong chart formations. The base-on-base is, of course, a combination of two bases. The stock forms a base but does not rise much in price from the buy point. That's often because the general market comes under selling.

The Indian market fell 0.9 percent on Wednesday on the back of downgrade warning by the rating agency Standard & Poor's and profit booking. Currency Exchange is open once again in the red. While today's decline is not much to Rs. Slight decline of the rupee against the dollar today... Get Stock Tips Today, Intraday Tips, Nifty Trend, share Market Tips, Best Stock Tips, Todays intraday Calls here Just Fill The Free Trial Form here- http://onlinetradingttips.blogspot.com

Iran was the big inmporter of Soyameal of India till the last year but now Iran has reduced the purchase of soymeal from India. From last 4 month Iran din't pruchase not even a kilo of Soyameal from India. NCDEX Aug Turmeric's uptrend seems to be over at 7724 levels and reversed the uptrend by forming a "bearish engulfing" candlestick pattern on daily charts. This development can drag the prices further down towards rising trend-line support of 7410 and 7270 levels. Read more here- http://www.pinnaclefinancial.in/blog/iran-deal-effect-on-indiacommodity-tips-and-updates/

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The Sensex soared 200 points to end at 27,317 and the Nifty surged 50 points to close at 8,225. Above-normal monsoons, positive macroeconomic numbers coupled with a dovish stance by the Fed bolstered the rally. The last trading day of the week saw some history being formed in intraday session above the 200 day EMA of 8,195 and it is imperative that markets hold ground above the same in the coming expiry week.

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The stock market recovered from earlier losses after a string of poor economic data threatened to curtail recent gains. The housing market may be forming a bottom, however.

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State governments are hoping to increase around Rs 95,000-1,05,000 crore in the form of market borrowings in the last Q(quarter) of the ongoing fiscal,Reserve Bank told in reports.

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