DEFICIT/EXPENDITURE 1. Proposes fiscal deficit of 4.5% of GDP by 2025/26 2. Projects fiscal deficit of 6.4% of GDP in 2022/23 3. Revised fiscal deficit for 2021/22 at 6.9% of GDP 4. Total expenditure in 2022/23 seen at 39.45 trillion rupees 5. States will be allowed 4% fiscal deficit to GDP in FY23 6. 50… Read More »
HOW TO TRADE GANN LEVELS Reliance Trend Deciding Level: 2401 Weekly Resistance: 2425,2449,2473,2497 Weekly Support: 2377,2353,2329,2305 HDFC Trend Deciding Level: 2522 Weekly Resistance: 2547,2547,2572,2597,2621 Weekly Support: 2498,2473,2448,2424,2400 Infosys Trend Deciding Level: 1746 Weekly Resistance: 1767,1787,1807,1828 Weekly Support:1728,1707,1686,1666,1644 ICICI Bank Trend Deciding Level: 792 Weekly Resistance: 807,821,836,860 Weekly Support:778,763,749,734 HDFC Bank Trend Deciding Level: 1497 Weekly… Read More »
ZEE Positional Traders can use the below mentioned levels Close below 288 Target 277 Intraday Traders can use the below mentioned levels Buy above 290 Tgt 292, 296 and 299 SL 288.5 Sell below 288 Tgt 286.5, 285 and 283 SL 289.5 Cipla Positional Traders can use the below mentioned levels Close below… Read More »
We have formed bottom on 27 Jan as per Bayers Rule disucced in last analysis Important Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes. is in effect today so watch out for first 15 mins High and Low and… Read More »
FII bought 15.1 K contract of Index Future worth 1295 cores, Net OI has increased by 20.3 K contract 2.8 K Long contract were added by FII and 12.2 K Shorts were COVERED by FII. Net FII Long Short ratio at 0.47 so FII used rise to ENTER Longs and exit Shorts. One of the… Read More »
Indian Stock markets have witnessed high volatility during most Union Budget announcements in the last 10 years.With High volatility, comes risks and opportunities. In this article we will discuss popular Option Strategies traders adopt and how can one manage risks better while maximizing returns. What are the various Option Strategies to play the Budget? Long Straddle… Read More »
Most of the Professional traders do not choose to trade on the budget day as it involved wild swings and one bad trade can give you a big hit on your trading account but there are many traders who wait for this day to take a plunge. Most of the traders end up losing a… Read More »
Last Week we gave Chopad Level 17508 Nifty Bears were able to do all target on DOWNSIDE so Excellent Week for Chopad Followers as Mars and Mercury Ingress and 3 Bayers Rule Lead to big fall in Indices. Coming Week we will have Union Budget on 01 so exciting week coming ahead. Important Links How… Read More »
Indian Union Budget will be presented on 01 Feb 2022 , Nifty and Bank Nifty remains in a wide range so there is an opportunity to trade in Nifty and Bank Nifty Options And the opportunity could turn out to be quite promising. What will be market direction post budget we do not know so… Read More »
Union Budget 2022 will be presented on 01 Feb by Honorable Finance Minister Shri Nirmala Sitharaman ji. 4th Budget in the Leadership of our Beloved PM Shri Narendra Modiji after he was elected again in 2019 with a thumbing Majority. Sentiment is quiet Bearish on Dalal Street Nifty is down almost 1000 points from Jan… Read More »