Money and power collide every five years at the intersection of Indian Stock Market and New Delhi, as India votes for its 16 Lok Sabha, Lok Sabha Elections 2019 will be held in seven phases – from April 11 to May 19 – to choose the members of the lower House of Parliament. The Election… Read More »
As Discussed in Last Analysis We did not got the big move as high made was 27428 once RBI overhang is over we can see the up move as per expectation till we are holding 27150 till 27533/27648/27792. High made today was 27589 so bulls were able to break the Budget day high but failed… Read More »
As Discussed in Last Analysis Bulls need to close above 27200 for a move towards 27300/27450/27555/27656. Bears will get active below 27000 for a move towards 26920/26785/26666. Bears were able to do 1 target on downside,Bulls need to close above 27250 for a move towards 27360/27450/27555/27656. Bears will get active below 27000 for a move… Read More »
As Discussed in Last Analysis Now as tomorrow being a Budget day and lot of volatility will be seen in market so trade with extreme caution, Bulls will get active above 27360 for a move towards 27496/27622/27754/27840. Bears will get active below 27100 for a move back to 27000/26920/26800/26700/26555. Both Bulls and Bears were able… Read More »
Tax 1. Within 2 years, Tax assessment will be done electronically 2. IT returns processing in just 24 hours 3. Minimum 14% revenue of GST to states by Central Govt. 4. Custom duty has abolished from 36 Capital Goods 5. Recommendations to GST council for reducing GST rates for home buyers 6. Full Tax rebate… Read More »
As Discussed in Last Analysis Now Till we are above 26750 Bulls have upperhand and can push bank nifty towards 27045/27225. 27000 is our vedic number and any close above it can easily see rally of 350-500 points. Bank Nifty did all target on upside and also rallied 325 points above 27000 and 500 points… Read More »
Union Budget 2019 will be presented on 01 Feb by Honorable Finance Minister Shri Piyush Goyal Ji. 5thBudget in the Leadership of our Beloved PM Shri Narendra Modiji. This Budget will have loads of Expectation as we are approaching the Election Year, Market will have Close Eye on Fiscal Deficit Number Last Budget we made… Read More »
Last Week we gave Chopad level of 26920 Bank Nifty gave a Short Trade did all 3 target on downside, Top for the week was made on 03 Dec our time cycle date. Lets see how we trade Bank Nifty in coming week as we approach time cycle date of 10 Dec and Election Results on… Read More »
Last Week we gave Chopad level of 10882 Nifty gave a Long trade on Monday which got Stopped out.Short Trade did all 3 target on downside, Top for the week was made on 03 Dec our time cycle date. Lets see how we trade Nifty in coming week as we approach time cycle date of… Read More »
As Discussed in Last Analysis Bank Nifty did all our target on downside and took support at gann angle as shown below, Now Bulls need to move above 26250 for a move back to 26323/26496. Bearish below 26100 for a move back to 26000/25920. Exit Polls result will be announced tomorrow evening so better not… Read More »