InvestorQ : What are the major trading investment and trading cues for the week commencing on 09 December 2019 and how to position in trade?
indhumathi Sayani made post

What are the major trading investment and trading cues for the week commencing on 09 December 2019 and how to position in trade?

Answer
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VIKAS DELIWALA answered.
8 months ago


Alot of macro data is going to come till December 15.

There will be a good volatility in the market best for intraday and short term traders .

Best sector to create positions is:-
1- capital goods

2- Banks

3- top 10 nifty stocks

If you can properly analyse the level's of index
Then nifty and banknifty can be the best play for upcoming weeks.

Note:- There is no guarantee in stock market.

# kindly like share and follow ✌️


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Riya Dwivedi answered.
8 months ago


The coming week is likely to be driven by a mix of macro data and also key global cues on the trade war and the oil front. Here are some of the key drivers for the week.

· The all important Fed meet (last for the year) will be held this week. Markets are expecting status quo on rates with continuation of dovish policy.

· Banks and realty are likely to react negatively to the RBI decision to hold repo rates and that was already evident on Friday itself.

· The US-China trade deal is likely to see the first phase sign-off by December 15 and if it happens then it is likely to be a boost for the markets.

· December 09 will see the counting of the Karnataka assembly by-polls and that is crucial for the ruling BJP government after what happened in Maharashtra.

· December 12 marks the next UK election over the BREXIT and initial polls suggest a clear win for Johnson. That will bring certainty as Jan-31 deadline for BREXIT is close.

· All important IIP will be announced on December 12. The October number will be of interest after 2 consecutive months of negative IIP growth.

· December 12 will also mark the announcement of the CPI inflation number. Last month it had touched 4.6% and subdued rates are the key to further rate cuts.

· OPEC has sharply increased its supply cuts from 1.2 million bpd to 1.7 million bpd and that is likely to make oil prices dearer.