viprawords: Intraday view of Aviation and Pharma- today: Why do we need to perennially follow the US market, from last one month Indian Markets are taking cues from US market only. There was h...
Friends , as we know only six of companies are registered in Nasdaq as american depository receipts,i.e Infosys, ICICI bank,HDFC bank , Tata Motors DVR, Vedanta resources,.ADR's basically is a negotiable instrument for those US citizens , who want to invest in foreign equity with in US market. These ADR's are avialable for trade in limited number of quantity .The benifit what as an Indian trader and investor you get is that US market almost start by 7 o clcok as per IST ,hence, price volume action and buying projections almost remain same. Any news coming in favor or loss making for scrips and respective movements in stock can give us clue but problem with most of website i have come across is to get live rate and also precise closing rate of these scrips as the closing rates are not updated one. The authentic rates what i have come across in in investing.com link as well as Yahoo finance. A negative or strong positive closing and all basic laws of screening you can put to...
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