GBP: BOE Gov Bailey Speaks at 7:45 PM Measures: Due to Testifying on the Bank of England Financial Stability Report before the Treasury Select Committee, in London Next Release Jul 12, 2022 BOE Governor Mar 2020 – Mar 2028. Volatility is often experienced during his speeches as traders attempt to
The dollar index opened in red today as investors are consistently watching and giving prior importance to controlling inflation. Hike in inflation led major central banks to increase the rate of interest. FED revised interest rates twice in the last two meetings. Moreover, earlier they raise 0.50 BPS but in
Below are several economic data. Out of so many we need to set eyes on FED meet. FOMC statement seems to be the trend decider. USD: Core Retail Sales m/m at 6:00 PM Measures: Change in the total value of sales at the retail level, excluding automobiles Released monthly, about
Below are the various economic updates which seems slightly positive for base metals and dollar index. USD: PPI m/m at 6:00 PM Measures: Change in the price of finished goods and services sold by producers Released monthly, about 13 days after the month ends Next Release Date: July 14, 2022
Below is the list of today’s economic indicators. Moreover. out of the list CPI comes with maximum importance. If the inflation index touches the higher edge then there is a maximum possibility of hike in interest rate. USD: CPI m/m at 6:00 PM Measures: Change in the price of goods
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
Sluggish trade we have seen in Nifty and Bank Nifty but we minted money in BTST Caplipoint and JSLHISAR. Below we have morning equity updates on Nifty, Bank Nifty, Advance Enzymes, VRLLOG, Chambel Fertilizer, and GRSE; keep an eye on it. JSLHISAR from 270>>>294. Booked profit around 285 CAPLIPOINT from
Nifty futures: Last close 15730 Nifty futures looks weak below 15691 and could test 15655—15621 and then to 15540 levels. Above 15761… Target looks 15794—15826—15877 levels. Trade safely and wait for weekly settlement. Bank Nifty Futures: Last close 35411 Bank Nifty futures has support at 35200—35050—34900 and resistance at 35700—36100.
Nifty future: Last close 15896.05 Above 15934… Target looks 15958—15971—15996 levels. More and more upside rally we will see on a close shive 16000 levels on a weekly basis. Or else it could test 15848—15822—15761 levels again. Trade safely as there is less volatility in the market Bank Nifty Futures:
Nifty and Bank Nifty futures achieved our upside target successfully and slipped. Power of levels… Nothing else!! Nifty futures: Last close 15832 Below 15815… Sell it!! We will see a sharp downside panic till 15755—15710 then to 15589 levels too in the intraday trading session. Hurdle intact at 15960—16000 Fresh
