MARKET ANALYSIS FOR 31ST MAY #NIFTY #BANKNIFTY

 NAMSKAR DOSTO -

1.NIFTY- NIFTY Open Gapup Today 16506 And close at 16661, 308+ points gain we see, now Nifty positionally buy side
 expecting clear upside move here towards 16850 due to high volatility stoploss management will be tough
support 16500-16400
resistance 16850-17000

2. BANKNIFTY- bank nifty also up 200 points today , which was long from 34750 now profit booking done mostly banks have overall strength here
support 35800-35600
resistance 36200-36850
 
3.US market have holiday today tomorrow will be surprise in nifty

4.Nifty IT also recovering from the bottom lets wait and watch for proper levels , upside 5-10% move possible in IT stocks

5.LT(1660), Reliance(2664),UPL(782),Sbilife(1148),Hdfclife (608) are all have long setup

6. nifty midcap also up 2.42% , nifty small cap 2.24 %

WARREN BUFFETT'S FAMOUS QUOTES ABOUT LIFE, BUSINESS & INVESTING

 WARREN BUFFETT'S FAMOUS QUOTES ABOUT LIFE, BUSINESS & INVESTING

1. Invest in companies you believe in.- “It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

2.Price and value aren’t always the same: - Don’t pay too much.“Price is what you pay. Value is what you get.”

3.Be skeptical. If something looks too good to be true - “A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.”

4.Don’t invest in something you don’t understand. - “The important thing is to know what you know and know what you don’t know.”

5.Don’t buy a stock unless you think it’s undervalued.- “Just buy something for less than it’s worth.”

6.Price dips are an opportunity to increase your positions.- “Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

7.Use a bucket, not a spoon.- “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold.”

8.Seize an opportunity while you can.- “Don’t pass up something that’s attractive today because you think you will find something better tomorrow.”

9.Stay cool.- “The sillier the market’s behavior, the greater the opportunity for the businesslike investor.”

10.It’s during hard times that the winners — and losers — get exposed.- “You only learn who has been swimming naked when the tide goes out.”

11.Read and think A LOT. Buffett spends the majority of his day — 80% — reading and thinking.- “The best way to think about investments is to be in a room with no one else and to just think. If that doesn’t work, nothing else is going to work.”

12. Follow the rules - “Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.”

13.Be frugal.-“I have every possession I want. I have a lot of friends who have a lot more possessions. But in some cases, I feel the possession possesses them, rather than the other way around.”

14.“Someone’s sitting in the shade today because someone planted a tree a long time ago.”

15.“Never depend on a single income. Make an investment to create a second source.”

MARKET ANALYSIS NEXT WEEK AND FOR 30TH MAY #NIFTY #BANKNIFTY

 NAMSKAR DOSTO !

1.NIFTY -IN Nifty as I Discussed in yesterday Blog that Nifty Will Open Bullish and Then Take 16350-400 as A Resistance
It happend today, Nifty opens at 16296 and close at 16352 , 182 points upside
2.Nifty Closing is Strong and Monday could be Tricky as DOW opens in green but now currently at resistance and if Dow give strong closing than chances that Nifty will GO upside from here As I Said in videos that if nifty close 16500 positional longs can be made here.
3. Nifty Monthly closing candle also looks strong
 support - 16200-16000
 Resistance - 16400-500
4.Bank Nifty - In Banknifty My Targets are done Banknifty close at 35613 which I Refer to Resistance 35600-35750
5.Bank nifty close strong which is lead by the HDFC BANK(1392),ICICI BANK(739),KOTAK BANK(1946) Closing is also strong
high chances to Recover from here.
support- 35300-34750
Resistance - 35800-36200
6.Apollo Hospital (3861) Weekly closing is strong keep eye on it for Monday.
7.Nifty IT closing also strong in weekly Timeframe.
8.Sbilife & Hdfclife Also Moving Good after I Giving long in previous blogs
9.Nifty Midcap & Nifty SmallCap also closed in green today
10.Nykaa reports 49% fall in Q4 net profit at Rs 8.56 crore
11.JSW Steel Q4 Result | Net profit falls 23% YoY to Rs 3,234 crore; revenue up 74% 

 

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TRADING TECHNIQUES TO IMPROVE YOUR TRADING

 Trading Techniques To Improve Your Trading --

Trading on the based of your emotion is destruction in life , you are not just loose your money but your sleep too,Your peace of mind & Health also it will impact on your relationships in long term.

 "Trading is not for the dabblers, the dreamers, or the desperate. It requires, above all, one steadfast trait of dedication. So if you are going to trade, trade like you mean it"

-Rod Casilli.
Here I write some of the best ideas to improve your Trading journey

1. Have a Trading approach - Trading without a plan is waste of your Time & Money. you'll ended up having nothing but Regrets & fantasies. Having a proper Trading system not only make you profitable but it saves you from Unnecessary emotional roller coaster It helps you when to enter or exit , where to put your Stop-loss so you can control losses & Maximize the overall profitability

2.Thinking like a business - Take trading as a business and do it like business. Take decision in term of profit & loss every opportunity have 2 sides in trading. In Business you have to maximize profits & Minimize losses to run it in long term

3.keep updated Yourself - There are many factors which we can't control when it comes to trading on like Govt. policies,economic datas , global incidents, war &  many factors , keep yourself up to date as possible Your End goal should be To Protect Your Capital
 
4.Be Conservative in the beginning - Be Conservative when it comes to trading , in terms of your trading strategy & position sizing & risk . everything should be define , keep losses as less as possible
  your priority to be in the game to play the game

5. Never ever think you know Everything - Never stop learning when it comes to Trading & Investing , be a student & Never Repeat the same mistakes again. knowledge is something which never leaves you but money can. Maintain a journal and write down your profitable or losing trades

6. Know your risk - Understand this what kind of profession is this, first control your Risk then Think about to Increase  your position sizing , learn first how to use Leverage in Trading as said Leverage is two side of swords. you can make huge profit using leverage & same lose it all if risk is not define

7.Have predefined Rules - Having Proper Rules & Tools is very Necessary for Trading It helps you to control the Emotions Building Discipline & Patience and overall understand the way of doing this business The longer you be in the game the more clearer you became about, what to Do what Not to Do in Trading.

8.Put always stop loss in your system - Do not ignore stop loss if you want to be profitable in this business, taking losses is also a important & Necessary part of Trading. Booking losses on time protect your overall capital & helps you to stay in long term.

9.Decide what suits you - Some traders are good for Intraday but some are good in swing trading and some only stick with  positional trades and then comes scalpers who only in trade for some minutes so figure out which type suit you on the basis of your behavior , And remember always the longer the time-frame shorter the screen time.

10.have a Routine - Build a Routine which can helps you to be focused on your trading & build discipline & patience. as well as your life also not get affected into Trading   

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COMMODITY VIEW FOR 27TH MAY #GOLD #SILVER #CRUDE

 NAMSKAR DOSTO!

GOLD - GOLD comex made a low of 1840-44$ now recovering currently at 1849$ moving towards 1855$ above 1855-57$ move will be
  continue to 1868$ we saw volatility today when DATA came out which I Discussed in yesterday's Blog
There is no important data tomorrow but gold can be volatile , next week(friday) is NFP so be cautious
support - 1842$-1832$
Resistance - 1855$-1868$
Gold mcx - gold mcx longs are been made with good risk-reward , short was exited in profit
now gold moving towards 51000-51150
View will change below 1840$ only
Biased view bullish now

SILVER - As I Said in previous Blog that silver in range and trade with level to level
in Silver Mcx support 61000-61250
               Resistance 62000-62250

CRUDE - Crude comex range was break today which is  108.5$ to 111.5$ now 114$+
       breakout already done and target achieved in crude Mcx 8460 to 8660 range break then 8900 upside target done
which I clearly give on Telegram (link above)
now no fresh entry  clear upside move will continue , avoid short side trade   Biased view - Bullish 

FOR NATURAL GAS, COPPER,ZINC VIEW COMMENT DOWN BELOW WILL POST 

 

PLEASE VISIT YOUTUBE FOR CHARTS LINK ABOVE
 

 

MARKET ANALYSIS FOR 27TH MAY #NIFTY #BANKNIFTY

 NAMSKAR DOSTO !

1. NIFTY- Nifty open at 16105 and close at 16170 in cash , Making a bullish hammer pattern. previous IN blog I gave bearish view which sustain for 2 hours and then nifty reverse from the 15900 support and ended up closing in 144 points positive
2. Now current view is bullish till 16400, todays upside move leads by majorly banks
   support 16000-15900
   Resistance 16350-400
3. BANKNIFTY - as I said Before Banknifty in range might break upside , which break 34700-750 zone and ended up closing
   750 points up (2.2%) captured (go check telegram)
4. Banknifty breakout done by HDFCBANK(2.8),ICICI bank(2%) & SBI(3.2%). Banknifty close at 35090 , upside possible move
  35400-600
  Support - 34750-700  Resistance - 35400-35750
5. Nifty Metal also make strong Green candle in Daily Timeframe , possible reversal if nifty metal index sustain above 5200
   Tata steel (5.2%), Jsw steel (4.4%) , Hindalco (2.7%) also gave strong closing
6. Banks ,HDFC twins should be in focus for tomorrow
7. Nifty midcap took a crucial support in daily time frame
8. Fed embraces 50-basis-point rate hikes in June, July to curb 'very high' inflation.

9. Hindalco Q4 results are out profit doubles & revenue rises 38% YoY 

10. DOW now 400+ points high chances of recovery Now but lets wait for the closing ;)

 please leave a comment below

 

for charts visit youtube

COMMODITY VIEW FOR 26TH MAY #GOLD #SILVER #CRUDE

Namskar dosto !

GOLD - GOLD COMEX take the resistance at the 1869-68$ and reverse from the top now the range is 1869$ to 1844$ & 1831$
       as I said in Previous 1848$ there will be a short side move will come or it can continue . today from the morning Gold starts  correction and made a low of 1841$ recently
IMP. DATA-  FOMC MEETING MINUTES at 11.30PM on 25th may
     on 26th may US GDP Q1 NO. will came out & also INITIAL JOBLESS CLAIMS will be out at 6 PM

Current View - is bearish And also biased view bearish here below 1848$
               view will go wrong above 1855-57$ only
               Below 1831$ will see clear downside of 1818$
TRADE ONLY IF STOPLOSSES ARE MANAGABLE

IN GOLD MCX Support - 50500-400
            Resistance - 51050-51150  ( short already continues from the 51000 levels )

SILVER - Silver in a range of 21.67$ to 22.11$ and
         below 21.66$ clear short will be made
Current view - no fresh trade here

IN SILVER MCX below 61200 clear shorts will be made
support - 61400-61100
Resistance - 62060-62250

CRUDE - Crude Inventory was out today at 8pm
moved only beteen 108.5$ to 111.5$

support - 8460-80  
resistance 8670-80

current view - slightly positive


PLEASE LEAVE A COMMENT IF YOU LIKE IT 

FOR CHARTS VISIT YOUTUBE https://www.youtube.com/watch?v=1lFvwnmfkZM

MARKET VIEW FOR 26TH MAY (EXPIRY DAY ) #NIFTY #BANKNIFTY

 Namskar dosto!

1.NIFTY- Nifty opens at 16196 today and close at 16025 , I clearly mentioned yesterday that market will be bearish today.
       yet opens in green in first hour but after then start correcting in cash, don't forget to visit youtube for that
2. Nifty today take support at 16000 in cash , current view compeletly bearish for tomorrow also
3.Nifty Support now 16000 & 15750
        Resistance at 16200 & 16400
4.BANKNIFTY - In Bank nifty 34700-750 zone also working as a resistance which is being crucial now , whenever broke we  will see good upside move towards 35600-700 zone
5.IN banknifty current support is 34150 then 33900 & 33600
        Support - 34150-33900
        Resistance - 34700-750
6.kotak bank gave good upside move today made 1940 high , yesterday discussed in video & blog at   1888 , hdfc bank didnt  show much volumes
7. Insurance stocks (Hdfc life 3% , Sbilife 2% ) gave strong closing today keep eye on them for tomorrow
8. Nifty IT fall more then 4% today , Overall fall in last 6 weeks is 15-17% , discussed in 18 april video
9. Nifty midcap fall 2.45% , nifty small cap fall 3%
10. Sugar stocks also falls 8-15% as yesterday I discuss in blog
11. FIIs selling continue in this month , today FIIs sells 1803Cr. net value of stocks
12. FOR EXPIRY TRADE - call side open interest is higher then the put side open interest ,              16200CE  shows highest total OI , as per the option data view is also negative here in nifty
13. Dow open slight positive but wait for the closing. 

 

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MARKET VIEW FOR 25TH MAY #NIFTY #BANKNIFTY

 

NAMSKAR DOSTO!

1.NIFTY closes 18 points green today , Taking the support of 16080 in spot & upside resistance was 16200
2.Current view is bearish below 16050, If recover then clear long will be till 16400
 Support - 16050 then 15750
 Resistance - 16350-400 & 16500
3. Biased is bearish and in Range bound In the Trading range Which Is Given.
4.BANKNIFTY clear short below 34000 in FUT
  support - 34000-34100
  Resistance - 34700-750
5. Kotak bank (1882) , Hdfc bank (1318) have strong closing today both should be in focus.
6. Dow now 400 points down , chances are open in RED tomorrow
7. FED chairman Powell also have conference today at 11.50PM ( market already sensing it )
8. Commodity prices are also Increasing. (read gold & silver article above)
9. Govt. consider tax cut on soyabean & sunflower oil to cool off prices.
10. Govt. may restrict sugar exports at 10MT this year ( sugar stcoks fall 15-20% from upside) 

TO GET CHARTS & VIEW VISIT https://youtu.be/RqHHqzim7Og

 

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GOLD-SILVER-CRUDE VIEW #COMMODITY 25THMAY

 Namskar dosto 🙏

GOLD - Gold Comex Currently Recovered from 1808$ zone and moving upward continuously from last 5 trading sessions, Gold now in a trading zone of 1849$ to 1866$ & moving towards to 1888$. 

Important Data Today is NEW HOMES SALES AT 7.30 and FED CHAIR POWELL SPEAKS AT 11.50 PM  SO be cautious and avoid big positions overnight
I already given long side position at 1835$ hope you get benefit & profit booking also done on resistance zones 

Now Current view is long side BULLISH BIASED will be continue.
below 1844$ will change the view
1868-70$ zones is strong resistance won't break easily 

GOLD  MCX - Gold already long from 50400-450 , now 51000-51050 , view is clearly long here , view will change below 50850-800 only
 

👉avoid small risk-reward trade
Support - 50870-50500
Resistance - 51150-51400


SILVER - Silver Comex  also in range & Bullish biased continue here too
range - 21.70 to 22.20$ 

Already long from 21.5$ above 22.2$ clear breakout possible for 23.2$ keep long only setup active here

IN silver MCX taking support at 61350-400 , trend will change below 61000 only
sideways move possible this whole week in both gold & silver
 

Support 61100-400 

Resistance - 62000-62600

CRUDE  - Crude in range of 108$-111.5$
current view is positive
above 115$ clear long will be made
 

Crude MCX -
support 8460
resistance - 8660
either side breaks gets the clear view 

 

for fresh charts & view visit YOUTUBE & TELEGRAM  

https://tinyurl.com/enucym75

Daily Analysis of NIFTY & BANKNIFTY and stocks 23RD MAY

 Namskar dosto 

1. Today we see the nifty fut open at 16270 which is the positive opening and after opening sentiments look positive, in telegram only icici bank trade given which is ended up in positive 

2. NIFTYFUT currently at 16380 the time I writing this blog NOW closing at 16164 , closing 88 points down

3. Top gainers index is NIFTY AUTO which is by 1.84% which leads by MARUTI (4%), M&M(4.24%)

4. Last week HINDUSTAN UNILIVER was given at 2220 , currently at 2375 given 8%+ keep long only if bought keep till 2500-2600-2700

5. FMCG sector is fourth largest sector in indian economy , commonly FMCG seen as safe bet for conservative investor 

6.NIFTYMETAL down by 8% today , where TATA STEEL  down 13% , JSW STEEL down 12%

7. Metal stocks melt down as government imposes export duties

8. IN NIFTY 16400 is working as a strong resistance , downside support is 15750 , overall view in nifty is bearish side in nifty for long setup nifty should be closed above 16500 in cash 

9. BANKNIFTY ALSO Taking a resistance at 34750 , downside support is 34000 & 33200  , kotak bank have good structure for long position.

 https://www.youtube.com/c/EquityResearch007