MIS-IIT, MBA, Author, Speaker, Serial Entrepreneur, Traveller, Investor, Trader, SEBI Reg (Equity,Forex,FnO,MF), 20 yrs+ experience in India and abroad
The cost of the AIR INDIA acquisition is covered in just 3 hrs.
TATA MOTORS 19%+
TATA POWER 15%+
TATA STEEL 3%+
TATASTLLP 3%+
NELCO 5%+
RALLIS 6%+
TINPLATE 6%+
TATA COFFEE 6%+
TATA METALIC 3%+
INDIAN HOTEL 5%+
TATA CHEM 17%++
TATA COMM 5%+
TATA ELXSI 2%++
TATA INV 14%+
TITAN 4%+
The market hits a new orbit.
Thanks to Auto Index (3% up).
All the other sectoral indices too are trading in the green.
"Market hai ki manata nahi...
Kyon uper ja raha hai, ye janata nahi..."
Asian shares down, $ firm. The global energy crunch fuelled inflation fears. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.9% in early trade. No Interest payment to overseas bondholders of Evergrande weighing on investor sentiment.
The Markets are gung-ho with improved macros, govt reforms, promising macros, and encouraging economic activities. The market participants are including FIIs and DIIs are fuelling Nifty to reach sky-high.
Congratulations Nifty@18K.
Looking forward to a new record high in October.
#RBIPolicy | RBI’s Monetary Policy Committee decides to maintain the #RepoRate at 4% in October policy
#RBIPolicy | Reverse Repo Rate remains unchanged at 3.35%
Relief for #airlines, Supreme Court settle middle seat row, confirms that there is no need to keep the middle seat vacant.
SC upholds Bombay HC order that held that adequate safety measures had been deployed for safety, the health of passengers
Vedanta gets shareholder approval to delist shares from BSE & NSE & withdrawal of 'Permitted to Trade' status on the Metropolitan Stock Exchange of India Limited (“MSE”)
The market seems to have tired after the spectacular rally yesterday. Nifty is retesting yesterday's Basing it had created around closing time
Note for intraday : ATR consumed 28 % for ORC
Note for Swing: The market has reached overbought Zone.
Happy Trading & Investing
Today's Nifty range estimated 9727~10050
Low 9,845; Close10,091
Upside Courtesy short-covering of weekly Options
BankNifty discount 65 Pts/Nifty 17Pts
Nifty Broke 100DEMA@10,30 but below 100DSMA@10112
Waiting Data of FIIs&DIIs
Pump & Dump, or Serious Buying?
What do you think?
Today's Nifty range estimated 9727~10050
Low 9,845; Close10,091
Upside Courtesy short-covering of weekly Options
BankNifty discount 65 Pts/Nifty 17Pts
Nifty Broke 100DEMA@10,30 but below 100DSMA@10112
Waiting Data of FIIs&DIIs
Pump & Dump, or Serious Buying?
What do you think?
Nifty and BankNifty Indices ended the day with Long-Legged Doji. Another day of In-Candle consolidation. Watch out the market tomorrow and trade the markets with hedged positions only.
Nifty breaks a previous high of 9,889 on the hope of a vaccine and scent of global markets.
Excited and looking forward to tailwinds to push Nifty further up.
How about the contracting domestic GDP & de-growing global economy?
Are you guys wondering how the market is moving up?