Market Magnify Special Stock Market Report 21 November 2017


Posted November 21, 2017 by marketmagnify

MarketMagnify Investment Advisor & Research Pvt Ltd provides you Trading tip calls about the Indian stock markets with intense analysis done by our Team of Analysts. We have been providing valuable Tips to our clients through various methods.

 
Global markets at a glance
US stocks rose on Monday, with Verizon boosting the telecoms sector after the stock got an upgrade, while a deal in semiconductors lifted high-performing tech shares.With no major earnings or economic data scheduled this week, trading volumes were thin and expected to get even quieter leading up to the hanksgiving holiday on Thursday and an early market close on Friday.Overall trading volume was the lightest in a month.

MACRO NEW
The Dow Jones Industrial Average rose 72.09 points, or 0.31 percent, to 23,430.33, the S&P 500 gained 3.29 points, or 0.13 percent, to 2,582.14 and the Nasdaq Composite added 7.92 points, or 0.12 percent, to 6,790.71.

President Donald Trump on Monday said the US is designating North Korea as a state sponsor of terrorism. The designation will impose further sanctions and penalties on Kim Jong Un's regime.Trump said the Treasury Department will
announce additional sanctions on North Korea on Tuesday, CNBC reported.

STOCKS IN NEWS
Moody's Investors Service - withdraws rating of Reliance Communications and its Senior Secured Notes
SMS Pharma completed its Fifth US Food and Drug Administration (US FDA) inspection for its

COMMODITY ROUNDUP
Gold prices rose on Friday as the dollar weakened after a report that investigators looking into possible Russian interference in the 2016 US presidential election had subpoenaed President Donald Trump's election campaign for documents.Special Counsel Robert Mueller's team issued the subpoena last month for documents containing specified Russian keywords from more than a dozen officials, the Wall Street Journal reported.

TRADING STRATEGY:
SELL ZINC BELOW 207.25 TARGET 206.85-206.25-205 WITH SL 209.25.
SELL LEAD BELOW 159.50 TARGET 159.10-158.50-157.20 WITH SL 161.50.

CURRENCY MARKET UPDATE
The dollar fell against a basket of other major currencies on Friday, as Treasury yields slipped and investors remained skeptical of U.S. Republicans' efforts to pass tax cuts after a barren first year for the Trump administration in Congress.The dollar index .DXY , which measures the greenback against six rival currencies, was down 0.31 percent to 93.645. For the week, the index was down 0.8 percent.

Market Magnify is a supreme level financial advisory services provider firm .We have designed services for different investors as per their needs like stock tips, binary option trading tips and many more to serve our clients. We offer regular services for investors with less capital and premium services for massive investors looking for higher returns on investments with bigger targets.
Want to take a FREE TRIAL? Visit our site link below and become a part of our Market Magnify Family. Happy trading.
https://www.marketmagnify.com/
or missed call on - @7879881122.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By market magnify
Phone 7879881122
Country India
Categories Business , Finance
Tags commodity tips , stock tips
Last Updated November 21, 2017