Nifty Futures went into sideways mode for the last 5 trading weeks in a high volatile fashion between 10800-11200 majority of the time and been sliding down continuously for the 9 trading weeks Since the Budget announcement.
Nifty Futures – Market Profile Analysis – Aug 2019 Expiry
Nifty Futures opened gap down on Friday morning trading session and went initially lower followed by the counter trend reversal of almost 225 points from the fresh swing low.
Gentle Reminder: Once in a while, there will be a BlackSwan
This time it is Argentina Merval Index. On 12th Aug 2019, Merval Index collapsed more than 34% post-Argentine election surprise. The argentine stock market moved lower by 11% soon after trading opened for the day
[Community Webinar] Nifty and Bank Nifty Futures – 12th Aug – 16th Aug 2019 Preparation
Here is a community webinar (61 mins) where we discussed this week about the nuances of last week activity and the short term references causing the markets to bring high volatile upside as well as downside moves. The discussion was made primarily on Nifty Futures and Bank Nifty Futures.
Gold Trading above Multi-Year High and Psychological 1500 USD/Ounce
In the midst of ongoing trade war tensions gold, this week had captured the psychological mark 1500 USD and trading around the overhead resistance zone 1520-1525 levels. Gold rallied and broken the 2014 year high from bottoming at $1,045 in December of 2015
Nifty Key Levels to Watch before RBI Policy Announcement
Nifty Futures made a one-sided journey from 12000 levels to 10800 levels during July -August series. A day before RBI Policy announcement there is a marginal bounce from the lows when the entire global markets are bleeding on the trade war news sentiment.
Announcement : Speaking at Converge 2019 – Bangalore
This is the short post to let you know that I’ll be speaking at Converge 2019 conference on 18th Aug 2019 at Fortune Jp Celestial, Bangalore. And will be there at the venue on 17,18,19 August 2019 for networking.
Is Smallcap Stocks Worth Paying Attention now?
Since the start of Jan 2018 Smallcap index had undergone a 40% drawdown which is one of the worst drawdowns next to the 2008 meltdown of 77% drawdown. To be remembered the smallcap meltdown started from the Union Budget 2018 week post the announcement of LTCG taxation
Nifty Futures Mid July 2019 Short Term Overview
Nifty Futures closed the long pending Island gap reversal this week. Nifty also managed to recover marginally from the lows made but not completely out of the woods yet and continuously facing selling pressure near 11600 levels. Last Friday’s closing ended on a negative note with a sharp fall witnessed in the last hour of […]
Oil Prices and the 2019 Hurricane Season
In May, the National Oceanic and Atmospheric Administration predicted a near-normal 2019 hurricane season, which runs from June 1 to November 30. But, the season got off to an early start with the short-lived sub-tropical storm Andrea on May 20.
Nifty Futures – Weekend Review July 2019
A lot many news factors had come in the last 45 days starting right from Exit Poll Announcements, Lok Sabha Election Results, RBI Rate Cut, India Tariff Announcement, July Union Budget session. Despite all these macro events Nifty Futures is still trading in a broader 420 point range between 11650 – 11270 levels.
Nifty Futures – Weekend Review June 2019
Nifty Futures for the entire month has been rotating in a broader range i.e the range established on election results day (11640.2-12070). It is almost a month where the price is circling around this zone and the entire activity is mostly dominated by short term players.