Will Nifty & Bank Nifty Break Out or Break Down?

Will Nifty & Bank Nifty Break Out or Break Down?

YESTERDAYS PICK MARUTI 28MAR24 12400 CE BUY 120 to 215 METROPOLIS 28MAR24 1680 CE 22  to 37 TATACOMM 28MAR24 1980 CE  16 to 25 Top Pick MANKIND 2280 to 2350 Top Pick PIIND 3826 to 3860 Nifty and Bank Nifty Support and resiatnce level: Nifty :- Resiatnce  22,140,  22,200 and

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Specific Events: An important day for the global market

Here is the list of specific events. Today, at 11:00 PM we will have the results of FOMC meet. Lets see what FED will decide. Whether they would be stringent or lenient towards their hike in interest rate decision. USD: Core Durable Goods Orders m/m at 6:00 PM Measures: Change

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Inflation hits hard: Dollar Index is waving at its 20-year high

The dollar index upsurges and it is at its 20-year high. Precisely, the dollar opened high on Monday morning and is currently trading around 107.425. Inflation is hitting the consumer price index which is deteriorating the economy. An upcoming figure for the consumer price index will be released on Wednesday.

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FED emphasises raising basis points to curb inflation

On Wednesday, Jerome Powell (FED Chair) speaks about the hike in interest rates to curb red hot inflation. Furthermore, to curtail the inflation rate, officials showed concern about the hike in interest rates by 0.50 or 0.75 BPS. High inflation may lead the US economy into recession. Powell states that

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Havells India Ltd.: Ready to Fuse

In the year 1983, Havells India incorporated and has now become a leading manufacturer in the field of home, kitchen, and electrical appliances and goods. If we converse about the company’s major stream, then below are the two segments that contribute the most. They are as follows: Domestic Cables: Havells

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Market Outlook- Did a gap down opening and trapped traders

At the close, Nifty concluded lower with 220.60 points or 1.27% and marked at 17,172. For the last two weeks, the market was range-bound thereby trading with a negative bias for traders or investors. Today Bank Nifty opened at 36514.15 and made a high around 36578.95 but was unable to

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Volatility at its peak: Nifty50 burnt out and ends below 17000

Volatility at its peak: Nifty50 burnt out and ends below 17000. Today, April 19th, 2022 turns out to be the highest volatile trading session for the stock market. No wonder, Nifty50 started the session on a positive note but was unable to sustain the levels. Therefore, towards the end of

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