The main question that is springing in every mind is that how much more Fizz is left in the rally? Is it a genuine back to bull market rally or should we consider it a relief rally only? We will know only if the critical resistance are crossed in the coming week/weeks. Nifty Critical Resistances: 17639, 17720, 17804 (Major Resistance) ,18066, 18136, 18207 and...
After consolidating for about 2 weeks Nifty Finally had a shackle breaking close to the week and month in the last couple of days where momentum totally changed and both FIIs and DIIs turned buyers simultaneously. While the closing of Nifty is good, a major resistance zone of 50 and 200 days EMA between 17478 and 17515 is there to be crossed. If this zone is...
BTC Outlook 2023-2027 (Revised) I think its almost confirmed with high confidence that this rally is bear market rally, not a rally of a new cycle that ends the BTC bear market. 25k is already its highest peak, it will going sideway for a while before resuming the drawdown to a lower level. Q1 2023 is one month left before it ends. This rally is the corrective...
Some commentators in US are reflecting that during the FOMC in March 2023 can see US Fed hike rate by 50 bps. This move is anticipated based on US Inflation numbers which where worse than expected. Also there are some questions being asked about recovery of certain sectors in China which is still to come out fully from the COVID-19 grip. These two news items in...
We have been seeing from 25th January 2023 that both 50 and 200 Hours EMA are not allowing Nifty to settle above it. Even if Nifty crosses below immediately. Currently the Nifty is below both 50 and 200 EMAs at 17770.9 indicating immense weakness and lack of confidence of retail investors. FIIs are also on the selling side. Only saving grace has been DIIs stepping...
Why market is entering into short-term bullishness again and latter uncertainty or range? We will do both technical and fundamental analysis in this video tutorial, and we will see how both analyses can affirm each other. Content: . Why market is entering into a short-term bullishness? (Fundamental & Technical studies) . Subsequently the market will enter into...
Fresh new data and more information of significant factors brings me to a new deliberate prediction. The corrective wave that we are in is not a usual corrective wave. It could make twice as long as the two previous corrective waves in 2014 and 2018, an ABC move from a larger degree of Elliot Wave (Could be a wave 4 from the whole BTC movement since...
Happy New Year traders from the team at AlgoBuddy! 🎇 2022 was a big and exciting year for us. We recently released the latest version of AlgoBuddy's flagship indicators; AlgoBuddy Premium 2.0 & AlgoBuddy Momentum, along with an ETH 30m strategy bot. 🔥 Our goal here is to always deliver helpful & actionable tools for traders to add to their trading tool belts....
Just an idea, I definitely could be wrong. everybody is talking about a 2023 recession but the sp 500 has closed 3 weeks in a row near the high of the week. Sure its in a range but 3 bullish hammer candles in a row on the weekly chart? there must be some sort of institutional buying at the 3800 level because every time we go there I see a bounce back up. I feel...
Most of us will spend about 90% of our time thinking of what to buy and at what price we should get in. In fact, that is only 10% of work done. Focus on this scenario instead - “After getting into a position, how are we going to manage it with either a calculated loss when market go against us or how should we take profits when market perform better than our...
Stay-tune for the video version shortly, we will do more in-depth study. Micro E-Mini Nasdaq Futures Minimum fluctuation 0.25 point = $0.5 1 point = $2 10 points = $20 100 points = $200 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader,...
Markets Plummeted after US Federal Reserves increased interest rates by 50 bps and further announced more tightening till inflation falls to 2% in US. More than 50 bps hike it was this Hawkish posture that led to meltdown in global indices. Although India looks like one of the brightest glowing stars globally both on Micro and Macro levels, we cannot totally...
Why short-term trading into the US market beats the long-term investing in the year 2023? As much as the Fed wanted to dial down the interest hike for the rest of the coming meetings, but they have limited control. It all depends on the forthcoming data, especially the CPI and the employment numbers. If these data continue to have a higher number, the Fed may...
Markets after making new high is looking for consolidation and support from where they can further launch ahead. US FED softening their stand on rate hike gave wings to global market but Jobs data from US and below expectation number of Indian GDP weakened the Bull run and turned the market negative. Another reason was profit booking by FIIs and other...
$SPX staged an aggressive rally of +6.16% after better-than expected CPI data, rebounding off its 10/20-day moving average, The huge gains were a manifestation of pent-up hope that inflation has peaked and that the ultra-aggressive nature of the Fed's policy approach has also peaked. Briefly, total CPI increased 0.4% month-over-month in October while core-CPI,...
Market got a boost by the better than expected US Inflation numbers. Hoping that Federal Reserve US will either halt or milden their hawkish stance to control inflation Global markets have reacted positively. Indian market was no exception and rallied upwards. FIIs are also buying Indian equity again and Dollar index is getting weaker which can strengthen Indian...
NIFTY is swinging wildly on global cues. Inflation, fear of recession and Ukraine Conflict news surrounding the same is making the fluctuation in indices more and more unpredictable. The indices may have similar fluctuations for some more time before the dust settles and things are more clear at Macro level. IMF has decreased the GDP forecast of India fractionally...
The US will release three high-impact economic indicators during the week's last session, bringing high volatility to USD pairs, particularly against other major FX currencies. In the morning, the US will announce Retail Sales YoY for September; they are expected to drop from a previous 9.1% to 8%. Retail Sales MoM is also expected to fall; the analyst's...