Skip to main content

Best free tool review - How to Earn with Indian ADR"s Tracking

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 available for trade in limited number of quantity .The benefit 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 scrip 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 scrip 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 predict that  how these seven scrip will behave today in market


 https://in.investing.com/equities/india-adrs


 The data of ADR's are to be studied Viz-a-viz closing of Indian Market on Positive or Negative Zone and it can give you clue up till 70 to 80 % about Initial 15 minute movements 

Comments

Post a Comment

Popular posts from this blog

Pre market report for 9th June 2020 -Nifty Bank Nifty

CURTAIN RAISER for 9th JUNE NIFTY S&P 500 wiped out all the losses of 2020. Nasdaq is at all time high.US market closed higher Asian markets are mixed. SGX Nifty is up by about 50 points. Yesterday morning I said, markets are opening gap up but Nifty future likely to break 10200, at least once. But it broke 10200 and traded below that level and closed "Doji" pattern. That shows indecisiveness. We are struggling between positive Global and negative Local cues. We are struggling between FIIs who are buying and DIIs who are booking profits. OI at level of 10500 and 9500 is still very high Hence markets are highly volatile. Yesterday Nifty future fell more than 200 points from intraday high to intraday low. Bank Nifty was going all over the places. Bank Nifty future fell 900 points from intraday high to intraday low and recovered about 300 points. We are under performing world markets and that may
4 comments
Read more

How to Make your Stocks watch list: How to choose your Intraday stocks in 5 miniutes

How to make your Stocks watch list: How to choose your Intraday stocks in 5 minutes : Of late, I have come across problem of choosing stocks, which are tradable but when we start trading in morning we get stuck up which stocks are to be chose. For that matter we have to always prepare our stock watch list, which is not a herculean task and it can be made very efficiently &easily. I have always said that the most of best data is available in NSEINDIA website, choosing criteria for watch list as well as tradable stock is always to have implied volatility on daily and Yearly basis ,because  these are the stocks ,which are going to give us results as stocks trading n range of 0.25% movement is not going to work for us. This is the link of file downloading for volatility of stocks , you have to download the file in csv format , delete all the columns except B, G H as they carry name of stocks ,daily and actual volatility. In g and h column ,you can multiply them by 100 to take
4 comments
Read more

Nifty and Bank Nifty Overview For coming Last week of May : How to Have Profitable INDEX trade

Nifty and Bank Nifty Overview For coming last week of May : How to Have Profitable INDEX trade. ----------------------------------------------------------------------------------------------------------------- Three important events or hovering fear are to be kept in mind, which may surpass    technical   jargon  for Nifty and Bank Nifty. 1)    Rising tension  between US – china trade relations 2)    Indian china Ladaakh Border clashes and real intentions of china. 3)    FII’s consistent Selling   in Month of May Last weak Market on Monday was not at all happy and gave big red signal to govt’s 20 lacs crore package and there was a significant move around 200 negative points, which made market touch to 8800 levels. This week Nifty Likely Territory of trading May be in range of 9000 to 9500 as monthly and final expiry of Nifty and Bank nifty is scheduled at the same time it will be a four day working of market. Highest Open interest at 10000 call option has piled up b
3 comments
Read more