Market Outlook – October 2019

MARKET TODAY

INDIAN MARKET: Indian stock indexes fell on Monday following a raft of negative news in the bank-ing and real estate sectors, with shares in Indiabulls Housing Finance Ltd falling 34%.

US MARKET: Stocks finished higher in the final trading session of the month and quarter after Trump administration officials played down or disputed reports Washington was weighing plans to impede U.S. investments in Chinese companies, soothing a fear that had put equities under pres-sure at the end of last week.

ASIAN MARKET: Asian stock markets opened higher as the Japanese Nikkei bounced back with gains of over 150 points in early trade. The rest of the region also saw gains as equities got a shot in the arm with ETF flows buying Asian stocks.

STOCK IN NEWS

  • CONCOR, BPCL, SCI: Media reports suggest that Group of Secretaries panel cleared disinvestment in 5 companies including the sale of entire stake in BPCL and SCI.
  • Bajaj Auto Sales: The company’s total sales declined 20 percent year-on-year to 4.02 lakh vehicles last month, according to its stock exchange filing.
  • Shares of the city gas distributors rallied after India’s oil ministry has cut the price of locally-produced natural gas. This is the first reduction after four straight hikes since October last year.

TRADE OUTLOOK

The Nifty50 is expected to trade more volatile today due to the auto sales indication. The short term support for the market is at 11440 level we are expecting a pullback from the level to the 11540 lev-els in the upper side. If the market does not sustain within the range it should further weaken to 11360 level in the downside.
Today’s Trade

BUY Nifty at 11400 Target 11480-11520 with stop-loss at 11354

What Are the Benefits of Online Trading?

Online trading is easy and quick. You can educate yourself on your investment options, place orders to buy and sell, and possibly make (or lose) a considerable amount of money without ever speaking with a broker or leaving the comfort of your home. As with any investment strategy, there are benefits and risks involved. So, why are more people playing the market through online trading?

It (almost) eliminates the middleman.

stocktradingYears ago, you couldn’t make a trade without meeting or at least calling your broker. Now, it takes only a few clicks. This accessibility could certainly make online trading alluring for those who may not have had the finances or the connections to work with a full-service broker in the past. Online traders can buy and sell without ever speaking to a broker. This doesn’t mean trading is done with no broker input, as discount brokerages actually facilitate the trade when you click the mouse. However, online trading allows you to trade with virtually no direct broker communication.

It’s cheaper.

Having a broker execute your trades for you costs money. And while you’ll pay for online trades, the cost won’t be as high. As more brokerages allow online access, the prices continue to drop, with many of the popular discount brokerages offering trades for under $10 each and some requiring no account minimum.

It offers greater investor control.

Online traders can trade when they want. In conventional trading, an investor may have to work with a delay depending on when she is able to contact her broker and when the broker is able to place her order. Online trading allows nearly instantaneous transactions. Also, investors are able to review all of their options instead of depending on a broker to tell them the best bets for their money.

You can monitor your investments in real time.

Online brokerages offer advanced interfaces and the ability for investors to see how their money is performing throughout the day. Log in through your phone or your computer and you can see any gains or losses in real time. These brokerages also offer more tools for traders of all levels, posting not only finance news but also providing analytic platforms and research reports.

Benefits Of Stock Trading

There are many benefits of online stock trading and why you should take to stock trading. With no constraints of time, educational qualifications or investments, one can not find any another business quite like it. Work full time or part time, you can be a professional or a housewife, advantages of online stock trading are too good to ignore.

Regardless of whether you’re an experienced stock trader or new to stock trading, there are many benefits of stock trading online:

1. Work at home

Computers and internet has promoted online stock trading and taken the markets to a new level. Now you can trade in stocks from the comfort of your home. With just a computer and an internet connection, now trade stocks at just a click of your mouse. Make money even at home along with your family life. This is one of the chief stock trading benefits.

2. Low commissions

Gone are the days when you were at the mercy of few stock brokers who would charge hefty large commissions on any trade done. With the advent of computers and internet, myriads of stock brokerage firms have mushroomed all over the world. Competing with each other to get the maximum clients, they offer low commissions, latest trading technologies and other facilities to attract clients. Low commission is one of the main benefits of stock trading.

3. Complete freedom

With hundreds of stocks to choose from, you have the complete freedom to invest in any stock you like. You are your own master. Do your own research and make your own decisions.

4. No time bar

Another advantage of online stock trading is that it has removed all time constraints and restrictions. You can trade stocks any time of the day and night at your convenience.

5. Make money in minutes

You can make a lot of money within a matter of minutes, if you are well educated about the trends in stock market. The time it takes to execute the trade online is the same as just clicking your mouse.

6. No investment limit

Another main benefit of online stock trading is that you are not bound to any investment thresholds. You can start trade in a stock with as low or as high of an amount that your pocket allows.

7. Quick returns

Unlike any other business, in stock trading, you do not have to wait for a long time to get your returns. Plus there are no hassles of advertising your goods or alluring the customers by offering attractive schemes.

8. No experience required

One of the other stock trading benefits online is that you do not require any formal education or experience. One just needs to collect as much information as one can to become a little stock trade savvy. With time and experience, anyone can initiating their way to stock trading start making money from day one.