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February 15

Minerals in India

As per the recent research, it has been reported t [...]

Coal:

Coal is among the essential minerals and one of the primary sources of energy expenditure in India. The total usable resources of the coal across the country are evaluated about 1, 96,892 million tonnes.

Natural Gas:

The nation is also well praised by cosmos in the form of natural gas. OIL or ONGC are seeking essential measures for the investigation of gas resources in India. In the year 2006-2007, the net balance recoverable gas reserves were evaluated at 1090 billion cubic metres.

Mineral Oil (Petroleum Crude):

It is now these days treated as a primary reservoir of energy, and thus it is ordinarily recognized as liquid gold. Petrochemical enterprises are receiving their essential crude materials from mineral oil.

Iron ore:

In the form of iron ore precipitates, India is very wealthy. The essence of iron ore that is found on Indian land is among the stablest in the globe as the content of iron varies between 49- 63%. The identified minerals resources of iron ore are nearly 6.6% of the entire earth’s deposit.

Manganese Ore:

Manganese ore has its imperative significance. It is necessary for various sorts of Indian industries such as steel, iron, enamel, varnish, chemical, plastic, dry battery, etc. The need for manganese at the same time has grown a lot with the augmentation of our steel and iron industry.

Chromite:

Chromite is among the ferroalloy metals. Chromium ore is necessary for the production of ferrochrome needed for particular refractory bricks, steel, chemicals, and defense assets. Chromite reserves were initially found in Hassan and Mysore. Later on, it was also seen in Singhbhum of Bihar, Keonjhar, and Cuttack of Orissa.

Copper:

Copper is among the essential non-ferrous minerals and occupies the property of highly corrosion resistive. Great copper ore reserves are established in Singhbhum district of Bihar, Khetri, Jhunjhunu, and Alwar districts of Rajasthan and Balaghat district of MP.

Bauxite:

Bauxite is essentially an indispensable mineral needed for the manufacturing of wondering metal recognised as Aluminum. It is an essential metal needed for the aeronautical industry and is also utilized in oil refineries, cement industries.

Lead and Zinc:

These are the two significant non-ferrous minerals which have huge modern values in the nation. Regrettably, total domestic production of zinc and lead are not at all adequate to satisfy its increasing enterprise needs. Acknowledging its domestic needs, India has been importing a tremendous volume of zinc and lead each year.

Mica:

About 75% of the total global manufacturing of mica is created in India. It is typically employed as an electrical insulator and is also utilized for making ornaments, glazing, decoration, transparent painting, etc.

Gold:

It is one of the most precious metals. It possesses both its industrial and domestic values. Gold is often utilized in creating embroideries, gold jewelleryand for securing gold fields against the problems of currency. Gold mines in India are positioned both at Hutti gold field of Raichur city, Kolar field of Kolar city and at Ramgiri gold field under Anantapur city.

Other Minerals:

India is a great source of various other minerals such as Sulphur and Pyrite, thorium, Gypsum, uranium, diamond, Limestone, silver, Nickel etc. The reserves of all these precious minerals are located at various locations across the nation.

Conclusion

India has an immense reserve of minerals. Our metallic ores are extremely wealthy and of really great quality. They are adequate for managing most of our essential industries. All the key minerals that are produced India are discussed above.

February 09

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November 23

Stocks to Watch This Week | What Stocks to Buy | Stocks to Watch

Dear traders here are the stocks to watch out for [...]

Stock of the Week and Nifty Weekly Analysis

Uploaded by : DreamGains Financials, Posted on : 11 Aug 2017

NIFTY WEEKLY ANALYSIS

Nifty futures fell on account of profit booking from 10100 levels and made a low of 9710.10. Nifty futures has closed below the support level of 9780 which indicates that further selling may be seen in next few trading session. Another reason for market fall could be the Geo Political tension that arose between India and China.  Volumes have been increasing from the past 3 trading sessions starting from the day Nifty futures close below 9940.

Nifty futures may take an important support at 9688 and 9595 in the coming days. A  closing below 9688 levels,  may see Nifty futures touching 9600 levels. On the upside Nifty futures faces resistance at 9830and 9943 level.

The key levels to watch out for in the next week are as below.

Resistance 2- 9950

Resistance 1- 9830

Support 1- 9688

Support 2 – 9595

Stock to Watch: NSE: TVTODAY

 

  • According to weekly chart TVTODAY has formed a bullish engulfing candlestick pattern and with strong volumes prices and hence the trend may continue if it breaks the trend line at 252, then it may touch 262 and 270 levels. On the downside, a closing below 240 could result in the stock touching 236 and 230.
  •  One can go long above 252 with the stop loss of 247 and a target of 262 and 270.

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Morning Outlook

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NIFTY 50 CLOSING BELL: 14th November 2017 Nifty closed negative at 10186.60

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11 Aug 2017

Stock of the Week and Nifty Weekly Analysis

NIFTY WEEKLY ANALYSIS Nifty futures fell on account of profit booking from

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November 23

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January 24

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