SEBI-certified. AP - Prabhudas Liladher. Consultant - https://t.co/nKA9KLlRRJ. Contributor - @TalkMarkets. [email protected] https://t.co/qw9W3JqURo…
Bharti Airtel has clarified that the Amazon news is untrue. Idea also said the Google news is speculation. Unsure why these rumours are being spread/// something's up
#Nifty 5-6-20 SGX Nifty is flat. From yesterday's movement it seems diis are in a mood to prop up the market. I've given 5 cues and trading strategy in the attached tweet.
My new collaborator + I developed a trading bot that has tested solid for more than a month Buy Examples Adani Ports @ 324 AIA Engg @ 1661 Amara Raja @ 615 We'll start leasing the algo for US and Indian markets. Work is on. Will upload backtest results too and give live demos
#nifty 4-6-20 SGX Nifty now 10150. Today's trend seems negative going by the selling in the last hour yesterday. The virus, companies at 25% capacity, msme trouble, finance sector liquidity issues, these issues should get discounted with a lag. Till then enjoy the rally.
Reasons why Nifty is going up: (a) Institutions are buying (b) Buzz of FM change and new policies When will the market reverse? (a) When FIIs start selling, or (b) When bond yields start rising, or (c) When Re starts depreciating
Reasons why Dow is going up (a) Fed is pumping money into the economy (b) Interest rates are near 0%. So investors flush with liquidity now prefer risky assets. When will the reversal come? When junk bond sellers default to the banks.
#nifty 3-6-20 SGX Nifty now 10080. RILghts closing today. Intraday is only strategy. For today's cues, see attached tweet
Nifty hit 10000 on 25-7-17 It's back to the future on 3-6-20 when it should do 10000 Hope there are no more deja vus
#nifty 2-6-20 SGX Nifty is 9844, indicating flat start. Caution at higher levels is the key. Moody's downgrade is a big negative but until RILghts is over, market should not fall much. Range is 9700 to 9900. Trending stocks in attached tweet.
Reason for RIL to go up tomorrow...
Stocks that are in bullzone: GMR Infra, Sun TV, Biocon Track per your risk management policy
Check performance of both Amara Raja and Exide today...
#nifty 1-6-20 SGX Nifty now 9650. So there will be a gap up. Last few days bullishness may have been informed folks discounting the reopening. Stocks to watch: Dr Reddy's, MCX, GMR
#nifty 29-5-20 Trump is expected to hold a serious presser on China today and that will keep Asian markets on edge. India has RILghts as support and 9600 as resistance. I expect nifty to move in 9400-9600 range. Some stocks like Idea, Hero Moto can perform.
#nifty 28-5-20 -ves: US-CHINA trade war, covid19 in India, economy dragging. But market is outperforming, slaughtering bears. Reminds of 11500, 10700, 10000 and 9800 euphoria. SGX Nifty is now at 9292. 1st half can be okay, 2nd half depends on expiry positions
Can RIL fans help understand why this is happening? Shareholders get 1:15 rights and have to pay just 314.25 now, 25% in May 21, 50% in Nov 21: IMO, the issue should have been oversubscribed in 2 days flat But it received 3.13% subscription by Day 4
#nifty50 27-5-20 SGX Nifty is 9060 thereabouts, and market movement should be sticky or negative. Europe may announce a big stimulus and with rupee depreciating, FII selling may intensify in coming days.
Those who want to learn about Vedanta's financials and whether they should offer their stock, please read this piece. The numbers are in $
#Nifty 26-5-20 SGX Nifty now at 9150. Gap up day and telecom should outperform. 1st half should be good while second half will depend on FII selling. As such there's not a lot of steam in the market because the virus cases are rising.