Moneymaker Research by MCX Crude Updates

Crude oil declined strongly. International market prices have slipped nearly 2 percent. Several members of OPEC crude production increased investment and 20 percent since last week based on a 5 percent drop in prices this week. After sliding nearly 3 percent of the price in the international market now seems recover. Although the pressure is still intact.

Support domestic prices is the weak rupee. The American Petroleum Institute reported yesterday occurred, which stated that the reserves million barrels of crude has increased over. The US Energy Department report today will as well as two days after the meeting of the Federal Reserve will release its statement, the US interest rates could be clear about something.

Stock Future Investment Ideas By Moneymaker Research PVT LTD

RCOM: Sell Reliance Communication future below 65.5 targets 63.5, 61.5 59.5 Stop Loss 69.5.

CIPLA: Sell CIPLA Future below 577 targets 572, 567 562 Stop Loss 587.

HINDUNILVR: Sell Hindunilvr future below 776.5 targets 771.5, 766.5 761.5 Stop Loss 786.5.

 AXISBANK : Buy AXISBANK Future above 412.5 Targets 415.5, 418.5 421.5 Stop Loss 406.5.

NSE Nifty Weekly Wrap by Moneymaker Advisory

Indian stock markets declined in the week ended Friday, 15 January 2016 on weak global cues. Investors were concerned over the prospects of slowing global growth in general and that of China in particular amid slew of weak economic data from China.

The Sensex failed to retain the psychological 25,000 level which it had surpassed in the course of trading during the week. The Sensex and the Nifty declined in four out of five trading sessions and managed to register modest gains in remaining one trading session.