The Trade Knackk®️

#StockMarket analyst by passion, addicted to making bold statements on market movements with conviction. Views here are strictly personal & educational..

[The Trade Knackk®️ @TheTradeKnack]

Law of causation😀

Is #Anthropic commentary being the cause here ?
while the price had already TOPP'd & stretched in #US #stockmarket

Worst #intraday fall since the top out structure.

#NYSE
#ElonMusk
#KhanSir
#RajeshExports
#Crude
#Gold
7.7% GDP
#NASDAQ
#SPX
#DJI
#USA
#Trump

[The Trade Knackk®️ @TheTradeKnack]

IMHO, #NASDAQ at 27000 #SPX at 7450 has formed their TOP while #DJI at 50500 is near its ATH (with mid-term space for 10% upside).
Will #US #ShareMarket stretch further?
In the meantime #Nifty is acting laggard but broader market is showing strengths w/ new set of #stocks leading

[The Trade Knackk®️ @TheTradeKnack]

#Stocks to watch

21st Aug

#UPL
#IRFC
#ITC
#HDFC Life insurance
#HDFCBank above 730
#AxisBank 1240 cal
#Glenmark
#RBLBank

#IPOAllotment #GiftNIFTY #NIFTY #Pharma #FMCG #Sensex #NiftyBank #India #USA #Iran #Oil #GOLD #Silver $BTC

[The Trade Knackk®️ @TheTradeKnack]

#liquidity a real crisis in #India #stockmarket due to #CAS
#FIIs, DIIs remain net buyers.
Q1 #earnings beat market #expectations.

#Sensex #NiftyBank

#GIFTY closes +106.5pts;
#NIFTY to open gap down, close ~24160-175 ( best scenario 24195-205)
Immed reversal may not be linear.

[The Trade Knackk®️ @TheTradeKnack]

@iamrakeshbansal @AdaniOnline has officially decline on their intent to launch an airline or evaluation of any such proposal.
This news is to be taken as market speculation.

[The Trade Knackk®️ @TheTradeKnack]

Consecutive 4th day, below the TOP out line.

Are #investors really booking #profits to #invest in #SpaceX #IPO ?

#US #stockmarket now is definitely shaking #India closing while open too remains less predictable.

#NYSE #ElonMusk #Crude #NASDAQ #SPX #DJI #USA #Trump $WERLD $BTC

[The Trade Knackk®️ @TheTradeKnack]

Law of causation😀

Is #Anthropic commentary being the cause here ?
while the price had already TOPP'd & stretched in #US #stockmarket

Worst #intraday fall since the top out structure.

#NYSE
#ElonMusk
#KhanSir
#RajeshExports
#Crude
#Gold
7.7% GDP
#NASDAQ
#SPX
#DJI
#USA
#Trump

[The Trade Knackk®️ @TheTradeKnack]

IMHO, #NASDAQ at 27000 #SPX at 7450 has formed their TOP while #DJI at 50500 is near its ATH (with mid-term space for 10% upside).
Will #US #ShareMarket stretch further?
In the meantime #Nifty is acting laggard but broader market is showing strengths w/ new set of #stocks leading

[The Trade Knackk®️ @TheTradeKnack]

#DXY has been on rise.

Now heading to another 4%.

Instead of Dollar weakening as most #trade #pundit claimed in last 6mnths, we are seeing it strengthening against major #currencies.

Against all odds, #Trump playing well.

#Nifty #NiftyBank #GDP $BTC $YETZY #YEN #SEK #JPY #EUR

[The Trade Knackk®️ @TheTradeKnack]

#Rigged world
Both major indices fell steep since their TOP out structure
#Nasdaq -4.77%
#SPX -2.64%

#SOXX -10.44% Semiconductor ETF
#Marvell -16.74%
#AMD -10.86%
#Intel -11.28%
#Broadcom -7.92%
#NVIDIA -6.2%

In #Asia,
Kospi declined 5.5% with #Samsung -6.4% & #SK Hynix -9.92%

[The Trade Knackk®️ @TheTradeKnack]

Echoing @VijayKedia1 ji thoughts on capital gain taxation.
#India needs more friendly tax rules to increase overall market participation by domestic & foreign investors & traders.
Major global market indices have already rallied in last 25-45 days despite of #Iran led #crisis

[Vijay Kedia @VijayKedia1]

Respected @nsitharaman ji and @FinMinIndia ,

Suggestion 1 of 3 for strengthening India's capital markets:
Long-term capital gains tax on listed equities should be abolished.

A long-term shareholder is not a speculator but a provider of patient risk capital. By investing in and holding businesses, investors help companies expand, create jobs, innovate and contribute to India's economic growth.

India requires enormous amounts of long-term capital to build world class enterprises, infrastructure and global champions. Tax policy should encourage households to move savings from passive assets, including imported stores of value such as gold, into productive businesses that create jobs, generate tax revenues and build national wealth.

The appreciation in a company's value is not created in isolation. During its growth journey, the government already collects corporate tax, GST, income tax from employees, customs duties, stamp duties and numerous other levies. Long-term capital gains are often the final outcome of economic activity that has already generated substantial tax revenues.

Most importantly, tax policy should clearly distinguish between investment and speculation. A long term shareholder is a partner in wealth creation, not merely a participant in market transactions. Tax policy should reward long-term ownership of productive businesses and distinguish it from short-term speculation.

India needs more patient capital, more entrepreneurship and more long term investing. Abolishing long-term capital gains tax on listed equities would be a powerful step in that direction.

Respectfully submitted.

[The Trade Knackk®️ @TheTradeKnack]

IMHO, #NASDAQ at 27000 #SPX at 7450 has formed their TOP while #DJI at 50500 is near its ATH (with mid-term space for 10% upside).
Will #US #ShareMarket stretch further?
In the meantime #Nifty is acting laggard but broader market is showing strengths w/ new set of #stocks leading

[The Trade Knackk®️ @TheTradeKnack]

#Petrol in #Delhi jumped 7.75% from 94.77 to ₹102.12 per litre today in 10 days..
while #govt claims #energy #fuel supply is sufficient in the country as they diversify their buying from various sources.
if so, then why the #hike ?
to compensate #oil companies via #tax payers ?

[The Trade Knackk®️ @TheTradeKnack]

Hello @Iamsamirarora

IMO, #NASDAQ hits cyclical TOP while #NIFTY is still pending for its 29K / 30K.
Do you feel this was a strong #short squeeze in #USA to get someone out of calendar based long position (or otherwise).
Is there any gas left in US & IN is to continue upmove?

[The Trade Knackk®️ @TheTradeKnack]

Thread update-
#NASDAQ & #US broader markets continue to remain under selling pressure.#Trump came over weekend, gave #ceasefire speech blah blah, only to let the price shot up 24465 to retest & from there more than 1400 pts down.

#EpsteinFiles #BIGBREAKING #Inflation #Oil #NYSE

[The Trade Knackk®️ @TheTradeKnack]

I have posted earlier as well, #NASDAQ 24400 is very critical.. Multiple attempts hv bn made in 6 months to break it. If this breaks today, followed by sustenance in next week, then #US formally enters bearish territory..
other markets 'll b impacted.

#FursuitFriday Chuck Todd

[The Trade Knackk®️ @TheTradeKnack]

#NASDAQ falling like a knife in a formal bearish territory below 24400

#Bears party has just started in #US

#silver #FallonTonight #UNIunderattack #Arirang #BTSonFallon #Hofstra #FursuitFriday $SPX $BTC #GoBigBlue #Trump #Iran #SantaClara #FAANG #NVDIA #ChuckNorris

[The Trade Knackk®️ @TheTradeKnack]

closing this thread with below update on #NIFTY

Short short sab karein, reversal sochein na koe
Jab hum bottom kahein, tab reversal hoye 😂😂

#Nifty #NiftyBank #Trump #Iran #optionbuying #Zaria #SummerHouse #NiftyIT #Reliance #HDFCBank

[The Trade Knackk®️ @TheTradeKnack]

Today's low in #Nifty 22930 should be marked as CRITICAL LOW...

IMO, we have a bottom (may be an interim) now.

Tomorrow first half to be ignored... Daily closing should not be below 23000

#StockMarket is supreme, let it confirm first.

#optionbuying #Dhuranandar2 #HDFCBank

[The Trade Knackk®️ @TheTradeKnack]

Multiple long trades in #Nifty on 24th March starting w/ gap up opening. Index was 500+pts up from ystrdy's close making high of 23057.30

I was looking for close >22950 for a firm directional confirmation. Nevertheless, now wl wait for 1st hour tomorrow.
#DowJones #Iran #Trump

[The Trade Knackk®️ @TheTradeKnack]

@Sachinhkhk Your view is welcome.
IMO, US hasn't yet entered a bearish zone w/ confirmation. #NASDAQ for first time has closed below 24400, dip has been bought into. Hence, a sustained momentum is required. Meanwhile #Nifty has already corrected in comparison to #US. So we may recover first.