Day Trading Stocks & Futures

mohan.sic

Well-Known Member
Looks like Franklin Templeton and the whole market needs to learn Fundamentals since nobody is getting it and simply they are holding the Debt Paper and god knows who rated them as AA.also the crazy market is buying the stocks. I alone cannot short the market and bring it down.Better to go home and learn some financials.
Rating agencies follow a defined process. Cannot blame RA's for future defaults by companies. They are actually helpless. When they have clear signals of weakness, sometime they express the same on Rating note and Outlook, but they cannot change the ratings, based on analysis. They can only express it in rating rationale.

Also there are flaws in the way we look at ratings
1) What we see are instrument ratings or ratings specific to that credit/debt facility. These ratings cannot give any clue on the strength of the issuer as whole.
2) And most of the investors don't have a clue on periodic ratings update of their Debt investments.
 

XRAY27

Well-Known Member

XRAY27

Well-Known Member

TraderRavi

low risk profile

TraderRavi

low risk profile
Tata Steel: S&P revised the company's rating outlook to stable from positive.

Air India, Bharat Petroleum sale by March 2020: Finance Minister

Tata Motors board approved issue of NCD worth Rs 500 crore

India's October trade deficit narrows to $11.01 billion
India's trade deficit narrowed to $11.01 billion in October from $18.0 billion a year ago, the trade ministry said on Friday, helped by lower oil imports.

Air India, Bharat Petroleum sale by March 2020: FM
Finance Minister Nirmala Sitharaman has announced that the government plans to wrap up sale of ailing Air India and Bharat Petroleum Corporation Limited (BPCL) by March 2020, said a report.
Speaking to Times of India, the finance minister confirmed that the government is focused on divesting the two state-run companies by the end of the financial year, added the report.

Forex kitty continues to swell, touches a new high of $448 bn
Foreign exchange reserves continued their upward march surging $1.710 billion to touch a new high of $447.81 billion in the week to November 8, according to weekly data released by the Reserve Bank.

Debt-ridden telecom operator Vodafone Idea on November 15 said it is exploring to monetise data centres as part of the company's debt reduction plans.
According to data from Morningstar India, 36 mutual fund schemes had exposure to the corporate bonds of Vodafone Idea to the tune of Rs 3,376 crore as on October 31.


moneycontrol
 
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TraderRavi

low risk profile
Technical View:

Nifty50 registered a Bearish reversal formation called Gravestone Doji in which open, close and low of a candle are equal or similar
Friday’s intraday sell-off with long upper shadow, from the highs of 11973, is clearly suggesting lack of conviction on the part of bulls at higher levels.
If Nifty slips below 11891 levels on Monday then it should head towards 11802, 11700 levels
Traders are advised to remain neutral on the long side whereas intraday traders can create fresh shorts below 11891 and look for a target of 11800, suggest experts.

Three levels: 11879, 11973, 12034
Max Call OI: 12000, 11800
Max Put OI: 11600, 11500

https://www.moneycontrol.com/news/b...w-11891-look-for-target-of-11800-4647661.html
 

TraderRavi

low risk profile
What is happening on US China trade war front.. they were supposed to seal the deal by 15th..
US-China trade deal
An amicable deal between the world's two largest economies will be a major trigger for the markets across the globe. Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh hopes of a US-China trade deal.
Media reports have indicated that the United States and China are getting close to a trade agreement. However, some differences are yet to be ironed out.
The world’s largest economies have been involved in a tit-for-tat trade war that is dragging on global growth.
China’s reluctance to commit to a specific amount of farm purchases remains a sticking point in the talks, as is the US reluctance to roll back tariffs reported Reuters.
However, Commerce Secretary Wilbur Ross said there was a “very high probability” that the United States would reach a final agreement on a phase one trade deal with China, the Reuters report added.

https://www.moneycontrol.com/news/b...l-keep-traders-busy-this-week-15-4645891.html
 

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