Showing posts with label Nifty. Show all posts
Showing posts with label Nifty. Show all posts
Saturday, June 10, 2017
Friday, June 9, 2017
Tuesday, December 9, 2014
Market Commentary:12/9/2014
Major Indian Index Nifty and Sensex opened negative and
after two failed attempts to stay positive Nifty Slipped -1.16% and Sensex
slipped -1.15%. Both the Indices gave conformation of 20DMA negative breakout
which happened yesterday. Indian Market ended up its 8 week low.
Today all the major Indices were negative; India VIX was up
by 2.36%. The major losers in stock are SSTL, ONGC, Tata Power, Tata Steel and
the top gainers are M&M, Dr. Reddy, Sun Pharma and HCL Tech
Most of all Asian Markets are in negative in which Chinese
market fell over 5% creating a major fall since 2009. Meanwhile Brent Crude oil
hit its 5 year low at USD 66/Barrel.
Technical Analyst predicts 100DMA can be the next support
for Nifty and Sensex. Indian stock market is likely to consolidate further this
week. Traders say weak global cues and rise in current account deficit (CAD) is
the major reason for today’s fall.
Thursday, September 18, 2014
Tuesday, September 16, 2014
Draw candle stick on Excel
Here in this Video I have shown that it is possible to draw candle stick charts on Excel
How to Calculate Beta of a stock?
Here in this video I have shown how to calculate a beta of the stock using excel and log return.
Wednesday, June 18, 2014
Technical Analysis on Request:S&P CNX Nifty
It is been a
massive change in Market dynamics after a terrorist organisation i.e ISIS had captured cities of
Iraq. We have seen this implication on Capital, Forex and Commodity. There are few important things we have to understand regarding Iraq, that is the country is a dominant exporter of oil in OPEC countries and an 2nd largest exporter of oil
to the world and hold around 10% of world oil reserve.
Crux of the
issue
The recent terror
unrest caused in Iraq is directly implicating on world crude oil and that is
causing a domino effect on all stocks and commodities all over the world.
Apart this, we
have report saying ISIS are targeting major oil refineries and had hit the
countries one of the biggest oil refinery which supply countries quarter of the oil Demand.
All the above
points mentioned are systematic
risk and they are unavoidable and
cannot be controlled by a individual. If there is a continuous rise in
crude price, it will have a negative effect as the rise in CAD, falling rupee and high inflation are unhealthy for the Capital Markets/ Nifty.
Market Bullish
Triggers
Apart Monsoon and
Budget result are the most expected result which will trigger a rally.
Technical View:
We are clearly able to see that RSI had given a bearish signal and MACD had also given a Bearish crossover see fig 1. Yesterday was a bearish candlestick. Till now the direction is not clear and we still need conformation of today's market. If today is bullish then market we will see a small rally probably making a higher high. If today turns to be a bearish day then market will find a support as given in fig 2.
Fig 1
Fig 2
Wednesday, June 13, 2012
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