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Sensex adds 305 points, Rupee jumps 100 paise vs USD on PM Modi review news, RBI intervention

Indian stock markets (Sensex and Nifty) ended much higher on Wednesday on news of PM Modi holding an economic review meet on Saturday with Sensex gaining 305 points and Nifty concluding at 11,370 while Indian rupee registered a gain of Re 1 from the record low of 72.91. Prime Minister Narendra Modi is said to hold an economic review meeting on

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Inverted J Pattern

The Inverted J pattern (also knows as the inverted ascending scallop) is another very bullish chart pattern we often feature in our newsletter and trade in our own accounts. Imagine taking the letter J and flipping it upside down and then turning it over across its vertical axis like a page in a book. We

Commodity Market, Latest News

OPEC looking to ease crude oil supply: Russia, Saudi Arabia to discuss raising output by 1 million bpd

Sources said Saudi Arabia and Russia will discuss raising OPEC and non-OPEC oil output by around 1 million barrels per day (bpd), easing 17 months of strict supply curbs. Saudi Arabia and Russia will discuss raising OPEC and non-OPEC oil output by around 1 million barrels per day (bpd), easing 17 months of strict supply