🚨UPCOMING EVENTS :
🟡 Mar 5: US & India's Services PMI
🟡 Mar 6: Crude Oil Inventories
🟡 Mar 6: Fed's chairman speech
🟡 Mar 6: JOLTs Job opening
🟡 Mar 7: ECB Interest rate decision
🟡 Mar 7: Initial Jobless Claims
🟡 Mar 8: Non-farm Payroll
🟡 Mar 8: US Unemployment rate
🟡 Mar 8: India's FX Reserves
🟡 Mar 5: US & India's Services PMI
🟡 Mar 6: Crude Oil Inventories
🟡 Mar 6: Fed's chairman speech
🟡 Mar 6: JOLTs Job opening
🟡 Mar 7: ECB Interest rate decision
🟡 Mar 7: Initial Jobless Claims
🟡 Mar 8: Non-farm Payroll
🟡 Mar 8: US Unemployment rate
🟡 Mar 8: India's FX Reserves
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🚨UPCOMING EVENTS : 🟡 Mar 5: US & India's Services PMI 🟡 Mar 6: Crude Oil Inventories 🟡 Mar 6: Fed's chairman speech 🟡 Mar 6: JOLTs Job opening 🟡 Mar 7: ECB Interest rate decision 🟡 Mar 7: Initial Jobless Claims 🟡 Mar 8: Non-farm Payroll 🟡 Mar 8: US…
Have a close look at these events they can change markets up& down 🔥🔥
🚨DAILY MARKET REPORT (DMR)
📊MARKET: Yesterday Nifty surged 0.12% 🟩
🟡 Nifty stayed in a narrow range of merely 70pts throughout the day and showed high fluctuations, ultimately forming a small Doji candlestick pattern on the daily charts.
🟡 Market breadth was majorly in favor of bears with IndiaVIX remaining unchanged
🟡 As of now, Global indices are showing a mixed trend 🔻
🟡 FIIs sold 564cr and DIIs bought 3,543cr in the cash market 🔻
📰 NEWS:
🟡 Indian startups raised $636 million in 63 deals in February, an uptick of about 19% from $535 million in 50 deals in year-ago period.
🟡 Indian government to inaugurate 40 greenfield plants dedicated to manufacturing bulk drugs and medical devices
🟡 MOODY'S raises India's 2024 GDP growth estimate to 6.8% from 6.1%
🟡 PM MODI TO UNVEIL DEVELOPMENT PROJECTS WORTH 150B RUPEES
🟡 US Presidential Election pollTrump: 52%Biden: 48%
🟡 The OPEC+ alliance agrees to extend supply cuts until the end of the second quarter
🟡 Oil falls on warm winter weather despite OPEC+ cut extension
🟡 Important events for today : US Services PMI Data
🔵TECHNICAL VIEW:
🟡 If Nifty is unable to fill gap within the first hour then we can assume the price to continue to go higher with the next resistance around 22,580 due to fib extension level and high call OI
🟡 If Nifty breaches below 22,250 FVG then we can expect more weakness before market starts the election rally.
📊MARKET: Yesterday Nifty surged 0.12% 🟩
🟡 Nifty stayed in a narrow range of merely 70pts throughout the day and showed high fluctuations, ultimately forming a small Doji candlestick pattern on the daily charts.
🟡 Market breadth was majorly in favor of bears with IndiaVIX remaining unchanged
🟡 As of now, Global indices are showing a mixed trend 🔻
🟡 FIIs sold 564cr and DIIs bought 3,543cr in the cash market 🔻
📰 NEWS:
🟡 Indian startups raised $636 million in 63 deals in February, an uptick of about 19% from $535 million in 50 deals in year-ago period.
🟡 Indian government to inaugurate 40 greenfield plants dedicated to manufacturing bulk drugs and medical devices
🟡 MOODY'S raises India's 2024 GDP growth estimate to 6.8% from 6.1%
🟡 PM MODI TO UNVEIL DEVELOPMENT PROJECTS WORTH 150B RUPEES
🟡 US Presidential Election pollTrump: 52%Biden: 48%
🟡 The OPEC+ alliance agrees to extend supply cuts until the end of the second quarter
🟡 Oil falls on warm winter weather despite OPEC+ cut extension
🟡 Important events for today : US Services PMI Data
🔵TECHNICAL VIEW:
🟡 If Nifty is unable to fill gap within the first hour then we can assume the price to continue to go higher with the next resistance around 22,580 due to fib extension level and high call OI
🟡 If Nifty breaches below 22,250 FVG then we can expect more weakness before market starts the election rally.
If the market moves up and down there will be a specific reason 🧐
🚨DAILY MARKET REPORT (DMR)
📊MARKET: Yesterday Nifty surged 0.53% 🟩
🟡 Nifty was yet again in a high fluctuating range-bound trend but managed to form a new all time high, ultimately forming a bullish candle on the daily charts.
🟡 Market breadth was hugely in favor of bears with IndiaVIX near 14 levels
🟡 As of now, global indices are trading in positive territory 🟩
🟡 FIIs bought 2,766cr and DIIs bought 2,149cr in the cash market 🟩
📰 NEWS:
🟡 US Fed's progress against inflation 'not assured': Powell
🟡 Oil prices climb 2% on small build in US crude stocks, Fed rate cut seen
🟡 Fed's Powell still expects rate cuts, but inflation progress "not assured"
🟡 US private payrolls gains slightly below expectations in February
🟡 India's annual GDP growth could be 'very close' to 8%, says RBI chief
🟡 India to grow at 6.8% in FY'25, to become upper middle-income country by 2031: Crisil Ratings
🟡 India Inc's inflation expectation settling around 4.3%, shows IIM survey
🟡 Important events for today : Initial Jobless Claims & ECB Interest Rate Decision
🔵TECHNICAL VIEW:
🟡 According to Elliott waves theory, we are yet to witness the 4th wave, the possible retracement level for it will be 22,415 which also collides with a fair value gap.
🟡 Any break below that level will result the market to reach out towards lower imbalances near 22,300 levels where we can see strong buying interest.
🟡 After the Powell testimonial, GIFT Nifty has surged up sharply which indicates a positive start to the day. However, Nifty has witnessed a hallow uptrend because the overall market, especially small cap index, were severely down. Once small cap 50 index closes above 7500 we can expect more buying strength.
📊MARKET: Yesterday Nifty surged 0.53% 🟩
🟡 Nifty was yet again in a high fluctuating range-bound trend but managed to form a new all time high, ultimately forming a bullish candle on the daily charts.
🟡 Market breadth was hugely in favor of bears with IndiaVIX near 14 levels
🟡 As of now, global indices are trading in positive territory 🟩
🟡 FIIs bought 2,766cr and DIIs bought 2,149cr in the cash market 🟩
📰 NEWS:
🟡 US Fed's progress against inflation 'not assured': Powell
🟡 Oil prices climb 2% on small build in US crude stocks, Fed rate cut seen
🟡 Fed's Powell still expects rate cuts, but inflation progress "not assured"
🟡 US private payrolls gains slightly below expectations in February
🟡 India's annual GDP growth could be 'very close' to 8%, says RBI chief
🟡 India to grow at 6.8% in FY'25, to become upper middle-income country by 2031: Crisil Ratings
🟡 India Inc's inflation expectation settling around 4.3%, shows IIM survey
🟡 Important events for today : Initial Jobless Claims & ECB Interest Rate Decision
🔵TECHNICAL VIEW:
🟡 According to Elliott waves theory, we are yet to witness the 4th wave, the possible retracement level for it will be 22,415 which also collides with a fair value gap.
🟡 Any break below that level will result the market to reach out towards lower imbalances near 22,300 levels where we can see strong buying interest.
🟡 After the Powell testimonial, GIFT Nifty has surged up sharply which indicates a positive start to the day. However, Nifty has witnessed a hallow uptrend because the overall market, especially small cap index, were severely down. Once small cap 50 index closes above 7500 we can expect more buying strength.
🚨DAILY MARKET REPORT (DMR)
📊MARKET : Yesterday Nifty plunged 0.72% 🔻
🟡 Nifty stayed in a downtrend throughout the day due to negative news and closed at the FVG, ultimately forming a strong bearish candle on the daily charts
🟡 Market breadth remained in the favor of bears with IndiaVIX increasing by 2%
🟡 As of now, Global markets are trading in negative territory 🔻
🟡 FIIs bought 4,212cr and DIIs bought 3,238cr in the cash 🟩
📰 NEWS:
🟡 US leads global oil production for sixth straight year- EIA
🟡 Oil dips as MidEast supply worries fade, soft China demand weighs
🟡 Japan's GDP revised higher for Q4, economy ducks recession
🟡 India to sign trade deal with EFTA consisting of four European countries
🟡 Biden: The Israeli threat to invade the city of Rafah would be a “red line” for Netanyahu
🟡 $100 billion investment commitment by EFTA countries to India in the next 15 years under the pact.
🟡 Aramco on profit drop: "the decrease mainly reflects the impact of lower crude oil prices and lower volumes sold, and weakening refining and chemicals margins"
🟡 Feb CPI inflation seen unchanged at 5.1%, Jan IIP growth at 3-month high of 4.2%
🟡 Important events for today : US and India's CPI Inflation
🔵TECHNICAL VIEW:
🟡 Nifty has been fluctuating within an ascending channel, displaying a pattern of higher highs and higher lows. The overall trend continues to be bullish, although there is currently an intermediate corrective phase in progress
🟡 There are multiple imbalances that Nifty can reach for in the near-term, 22,250 should work as a psychological support for the Nifty.
🟡 US markets decline ahead of inflation data release; next direction depends on the US data.
📊MARKET : Yesterday Nifty plunged 0.72% 🔻
🟡 Nifty stayed in a downtrend throughout the day due to negative news and closed at the FVG, ultimately forming a strong bearish candle on the daily charts
🟡 Market breadth remained in the favor of bears with IndiaVIX increasing by 2%
🟡 As of now, Global markets are trading in negative territory 🔻
🟡 FIIs bought 4,212cr and DIIs bought 3,238cr in the cash 🟩
📰 NEWS:
🟡 US leads global oil production for sixth straight year- EIA
🟡 Oil dips as MidEast supply worries fade, soft China demand weighs
🟡 Japan's GDP revised higher for Q4, economy ducks recession
🟡 India to sign trade deal with EFTA consisting of four European countries
🟡 Biden: The Israeli threat to invade the city of Rafah would be a “red line” for Netanyahu
🟡 $100 billion investment commitment by EFTA countries to India in the next 15 years under the pact.
🟡 Aramco on profit drop: "the decrease mainly reflects the impact of lower crude oil prices and lower volumes sold, and weakening refining and chemicals margins"
🟡 Feb CPI inflation seen unchanged at 5.1%, Jan IIP growth at 3-month high of 4.2%
🟡 Important events for today : US and India's CPI Inflation
🔵TECHNICAL VIEW:
🟡 Nifty has been fluctuating within an ascending channel, displaying a pattern of higher highs and higher lows. The overall trend continues to be bullish, although there is currently an intermediate corrective phase in progress
🟡 There are multiple imbalances that Nifty can reach for in the near-term, 22,250 should work as a psychological support for the Nifty.
🟡 US markets decline ahead of inflation data release; next direction depends on the US data.
Don't save..!Start investing..!
🚨DAILY MARKET REPORT (DMR) 📊MARKET : Yesterday Nifty plunged 0.72% 🔻 🟡 Nifty stayed in a downtrend throughout the day due to negative news and closed at the FVG, ultimately forming a strong bearish candle on the daily charts 🟡 Market breadth remained…
Read this to know today's market behaviour
🚨DAILY MARKET REPORT (DMR)
📊MARKET: Yesterday Nifty stayed flat at 0.01% 🟩
🟡 Nifty showed high fluctuations and took support from the discussed level of 22,250, ultimately forming a Doji candlestick pattern on the daily charts.
🟡 Market breadth was extremely negative with IndiaVIX falling by 2.5%
🟡 As of now, Global indices are trading in positive 🟩
🟡 FIIs bought 73cr and DIIs bought 2,358cr in the cash market 🟩
📰 NEWS:
🟡 US inflation up 3.2% in February; no change in Fed's stance say experts
🟡 US markets recover losses as inflation data comes in line with expectations; GIFT Nifty up
🟡 Indian Inflation is also in line with expectations, expect RBI to cut rates in August or October MPC: Economists
🟡 SBI submits electoral bond data to ECI, complying with SC order
🟡 INDIA CPI (YOY) (FEB) ACTUAL: 5.09% VS 5.10% PREVIOUS; EST 5.04%
🟡 INDIA INDUSTRIAL PRODUCTION (YOY) (JAN) ACTUAL: 3.8% VS 3.8% PREVIOUS; EST 4.1%
🟡 U.S CPI (MOM) (FEB) ACTUAL: 0.4% VS 0.3% PREVIOUS; EST 0.4%
🟡 Important events for tomorrow: India's WPI Inflation, US Retail Sales, and Initial Jobless Claims
🔵TECHNICAL VIEW:
🟡 The major economic data was in line with the expectation which itself is positive news in the current scenario. Nifty has filled all the imbalances in the price and is at the range of control. In my opinion, it can reach for the buyside liquidity which is at 22,440.
🟡 The immediate support will be 22,250, and 22,500 will act as a hurdle due to high call OI.
📊MARKET: Yesterday Nifty stayed flat at 0.01% 🟩
🟡 Nifty showed high fluctuations and took support from the discussed level of 22,250, ultimately forming a Doji candlestick pattern on the daily charts.
🟡 Market breadth was extremely negative with IndiaVIX falling by 2.5%
🟡 As of now, Global indices are trading in positive 🟩
🟡 FIIs bought 73cr and DIIs bought 2,358cr in the cash market 🟩
📰 NEWS:
🟡 US inflation up 3.2% in February; no change in Fed's stance say experts
🟡 US markets recover losses as inflation data comes in line with expectations; GIFT Nifty up
🟡 Indian Inflation is also in line with expectations, expect RBI to cut rates in August or October MPC: Economists
🟡 SBI submits electoral bond data to ECI, complying with SC order
🟡 INDIA CPI (YOY) (FEB) ACTUAL: 5.09% VS 5.10% PREVIOUS; EST 5.04%
🟡 INDIA INDUSTRIAL PRODUCTION (YOY) (JAN) ACTUAL: 3.8% VS 3.8% PREVIOUS; EST 4.1%
🟡 U.S CPI (MOM) (FEB) ACTUAL: 0.4% VS 0.3% PREVIOUS; EST 0.4%
🟡 Important events for tomorrow: India's WPI Inflation, US Retail Sales, and Initial Jobless Claims
🔵TECHNICAL VIEW:
🟡 The major economic data was in line with the expectation which itself is positive news in the current scenario. Nifty has filled all the imbalances in the price and is at the range of control. In my opinion, it can reach for the buyside liquidity which is at 22,440.
🟡 The immediate support will be 22,250, and 22,500 will act as a hurdle due to high call OI.
Markets are falling nothing..
It's an opportunity for investors but a huge loss for traders..
Secure your capital when the market gives a chance...
It's an opportunity for investors but a huge loss for traders..
Secure your capital when the market gives a chance...
👎Global funds may withdraw more from Indian stocks to reroute their investment if Chinese equities “recover from very low valuations,” according to Citigroup.
Forwarded from Insider's Insight Gold ⚜️
8.8 lakh cr lost in last 1 hr by investors ☠
Forwarded from Insider's Insight Gold ⚜️
IREDA from 12% down to 2% down now ... Seems retailers ko bahar fek diya
Kyuki tax retailers ko laga hai
Kyuki tax retailers ko laga hai