Short Indian market and long other markets trade to unwind.

Nifty strong support zone 25900 (+/-50 pts)

Nifty likely to witness fresh rally above 26040-26067 range

Nifty 26295

New ATH done.

Small hurdle 26300

Before 27k+++

Buy on dips

FOMC meeting next week. 83% probability for a rate cut.

Sharp fall in #Bitcoin

US markets closed lower, #DowJones -0.90%.
#DowFut -43 pts.

Asia :
#Nikkei +0.24%
#HangSeng +0.18%
#Shanghai -0.54%.

#DXY @99.36

#Gold -0.48%
#Silver -2.12%
#Copper -0.64%.
#Brent at $63.17

#MPC (#RBI) meeting this week, announcement on Friday.

#Nifty
Strong base formation at 26000, breakout already happened. Close above 26300 likely to trigger strong up-move.

#Banknifty
Support 59000-59400
Resistance 60000-60500

Buy on dips market. Midcap/smallcap in focus

#Nifty spot 26066.
Near support.

Time to add 26200-26500 CE (dec-monthly)

(Discl: personal view- not a trading recommendation)

DowFut +124 pts (Indices gained overnight)
#DXY @99.18

Asia:
#Nikkei +1.23%;
#HangSeng -1.02%;
#Shanghai -0.11%
#Kospi +1.05%.

#Metal prices rebounds
#Gold +0.86%
#Silver +1.59%
#Copper +0.73%
#Brent at $62.42/bbl
#commodities prices likely to be very volatile

#Nifty spot 26032.20

Supports 25870-25960-26000
Resistance 26119-26200-26330

#banknifty
Supports 58800-59000
Resistance 59490-59800-60000

#Rupee at record lows (USDINR 90)

Buy on dips. Focus on broader market, midcap/smallcap. Railways/infra/pvt banks top picks.

#Gold 131000
#silver 180000++

Time for reversal.

USDINR 90.20++
(Major bottom for #Rupee ??)

DXY 98.98

US Bond Yields:
10-Y at 4.077
2-Y at 3.500

#DowFut +43 pts (+0.86% higher closing overnight)

#copper at record, #LME $11500
#Gold 0.20% (trading in a range)
#Silver +0.13% (facing hurdle near $60)
Gold/silver ratio at 72.

#Metals likely to top out.

#Rupee at fresh record lows,
Russian President Putin in India

RBI policy decion tomorrow, expecting a rate cut.

#Nifty near imp support
25800-25870
Resistance 26119/26330

#Banknifty
Support 58800-59100
Resistance 59700-60000

Strong rebound expected in broader market

RBI policy decision.
Inflation continue to remain very low, room for further rate cuts. More liquidity measures ??

At 10 AM

Global cues mixed today.
#Rupee off life lows, #USDINR 89.82

#Nifty needs to take out 26120-26340 range.
Strong buying zone 25680-25850.

RBI CUTS REPO RATE BY 25 BPS AT 5.25%

Next week belongs to individual stocks.

Underperforming pockets likely to see sharp short covering move.

#LICHousing 542
#Concor 511

Can we see 10% move...

(Disc:: holding CE)

Global cues muted this morning.
Better export data from China.

#DXY 98.87 (FOMC meeting begins tomorrow, rate cut expected)

#DowFut -5 pts.

Asia::
#Nikkei -0.06%
#HangSeng -0.84%.
#Shanghai +0.61%.

#Gold -0.11%
#Silver -1.01%
#Copper -0.35%.

#Brent at $63.82/bbl

#Nifty 26186.45

Supports 26067-26120
Breakout above 26340

#Banknifty

Supports 59100-59400
Resistance 60000-60300

FII selling likely to pause, short covering expected.
Focus on individual stocks this week.

Buy on dips strategy. Pvt banks/nbfc/infra/IT

#USDINR 90.23

Midcap/small cap strong selling ....

Time for Reversal here.

Aggressive trading longs.

SHARP-Short covering imminent.....(personal views and trading position)

Share ur views....

#NiftyIT 38740

Need to move another 2-3% ...

Close above 39550 big +ve,

Fav - #Infy/#tcs/#wipro

Nifty -264 pts

Midcap -1.98%

Capitulation on screen.

No need to panic........

Reversal imminent...........

Next 3-4 months likely to be best time for traders.......

#FOMC meeting in focus, #Fed likely to go for 25 bps rate cut.
Future projections and commentary will be in focus.

#commodities prices likely to see sharp volatility.

#DXY 99.20

US Bond Yields:
10-Y at 4.182
2-Y at 3.608

#Silver at record highs, $61++

Federal Reserve cuts interest rate by 25 bps

Fed deliver as expected.

#DXY 98.66

Dowfut -177 pts (Indices closed with strong gains overnight, #DowJones +1.05%)

#silver at record, $63+ (+2.22%)
#Gold +0.35%
#copper -0.56%

#brent at $62.17

#commodities off morning's high.

Asia:
#Nikkei -0.95%
#hangseng -0.02%.