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Market update for 20th march 2017

Nifty has opened on a flat note and 9220 will act as a near resistance. Although market is in a strong bull run,for intraday trader only short selling is advisable. Traders with long position with short term view should book profit and wait for a dip to happen. Long term trader  should continue their position. Support for nifty is placed at 9120. Stocks in news: Indiabulls Real Estate : To issue debentures via private placement method for a tenor of 13 months on March 22, 2017. NTPC : State-run power producer NTPC said it has commissioned the second unit of 660MW of Mouda Super Thermal Power Station Stage- II. Idea : Board members had approved merger with vodaphone. Welspun India : Home textile player, Welspun India has started its Rs 150 crore Needle Entangled Advance Textile Plant for its technical textiles business at Anjar in Kutch. IT stocks : Key IT stocks will in focus after media reports suggested that Cognizant may cut at least 6,000 jobs, which repre...

When to invest

Do you want to earn money????If you don’t then this content is not for you. We all want to earn money or either you are earning money for your bread and butter. Then the question arises why you need to invest? The expenditures what you are making now for your daily needs is going to increase day by day or year after year along with inflation. So the standard of living what you are maintaining now will need more money to maintain the same standard of living in coming future. Apart from this every one want to spend a luxurious life or there are certain things like bike, cars ,vacation etc which is the basic need of the hour; for all these things either you will depend on your salary or some another sources which may take longer period of time. If we will compare a situation when someone started to invest from very first month of his job with someone who started investing after 5 years will meet these goals more early in his life. Apart from all these things investment creates a h...