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TECHNICAL LEVEL

NIFTY CASH FOR TODAY(10536.70)

Up Side Entry 10558 trade Above10558 Stay Above10558

( 10 -15Min)

Next Level 10576 -10592--10618 Trend Reversal Below 10541

Down Side Entry Point 10515 Trade Below10515 Stay

Below 10515 ( 10 -15Min)

Next Level 10498--10481 - 10455 Trend Reversal Above 10533

Alert:-- (Weekly Level)

Major Level ( For Week )10666 Trade Above 10666 Stay

Above

10666 ( 10 -15Minutes)

Next Level 10765---- 10864 --10980- - Trade Below 10592

Major Level ( For Week) 10527 Trade Below10527 Stay

10527 ( 10 -15Minutes)

Next Level 10428 - 10328 -10213

Trend Reversal Trade Above 10601

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Blockchain platform is next Apple:

Steve Wozniak

Apple co-founder Steve Wozniak is bullish on the Blockchain platform Ethereum, saying the technology could be the next Apple. Addressing the gathering of over 5,000 people at WeAreDevelopers conference in Vienna, Austria on Friday, he said: Ethereum interests me because it can do things and because it’s a platform.

Ethereum is an open-source, Blockchain-based distributed computing platform and operating system featuring smart contract functionality. It is a decentralised platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference. Wozniak has always been a fan of Bitcoin and other cryptocurrencies.

According to a report in CoinTelegraph, Wozniak said that “he has a very positive outlook on blockchain and virtual currencies due to the fact that they can change many different areas and industries.

The blockchain and cryptocurrencies will achieve their full potential in a decade, according to Wozniak, who hailed the technology as “the next major IT revolution that is about to happen.

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YouTube's music head sees 'great opportunity' in music streaming.

YouTube's global head of music, Lyor Cohen says he see great opportunity in music streaming.

We have the world's biggest catalog he added.

YouTube, which is owned by Google, is offering two services. YouTube Music, which has ads, will be available for free. YouTube Music Premium, a paid membership without advertisements, will be available at $9.99 a month. A third option, YouTube Premium, which is the new name for the YouTube Red subscription service and includes the new YouTube Music service, will be $11.99 a month .

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Yessssssssssss

While industrial investment themes may reward investors only over specific parts of the investment cycle, the steady growth in consumption represents a compelling and enduring theme that deserves long-term inclusion in any equity investor’s portfolio.

One of the most significant effects of the rebalancing of economic growth from mature, developed economies to fast-growing emerging markets is the explosion we are about to witness in the global middle class and the consumer boom that comes with that. The idea may be simple, but the investment implications are many-faceted. Nimble and focused local players offer the best opportunities in some areas, while western companies with strong brands and big advertising budgets are best placed to benefit in others.

There is considerable scope for consumption growth throughout the emerging markets universe.

The outlook for growth in Indai is compelling thanks to India’s favourable demographics. The labour force benefits from a rising proportion of young workers, which includes skilled, English-speaking workers in the outsourcing and service sectors. resaerch agency has forecast that a combination of poverty reduction and these favourable demographics will see the Indian middle class grow 41 % overall population currently by 2025.

As this occurs, Indian spending habits are expected to shift significantly. At present, organised retail spending in shopping malls is very small since most Indian spending takes place via small traders in public markets.

Meanwhile, as incomes grow, the proportion that is spent on basic necessities diminishes. As the disposable income of emerging consumers grows, so too does the allure of having the coolest fashions and the latest mobile phone. Consumption patterns in emerging markets are already changing as this trend develops.

Another area that is already growing strongly in emerging economies is western-style fast food. Yum! Brands, whose portfolio includes Pizza Hut and KFC, has opened 200 restaurants throughout India that are producing revenue growth of 40% a year.

India is still a growth story—a big growth story. Even assuming conservative GDP increases of 6% to 7% a year, we expect consumption expenditures to rise by a factor of three to reach $4 trillion by 2025.

India’s nominal year-over-year expenditure growth of 12% is more than double the anticipated global rate of 5% and will make India the third-largest consumer market by 2025

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NOTE: All above article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.

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