#Nifty prediction for Monday

[tfatrading]

In the world of Indian stock markets, the Nifty 50 stocks list stands as a benchmark of stability, performance, and growth. As the leading index on the National Stock Exchange (NSE), the Nifty 50 represents the top 50 companies across various sectors in India. These companies play a crucial role in shaping the Indian economy and the stock market's dynamics. If you're looking to invest or just interested in tracking the performance of India's leading stocks, understanding the Nifty 50 is essential. This guide will walk you through the Nifty 50 stocks list, performance trends, and key factors driving their movements, such as Nifty prediction today and Nifty forecast tomorrow.

[dnptradingideas]

NIFTY NEXT LEVELS FOR TOMORROW-EPISODE 25

[mariacallous]

India vote count shows Modi alliance heading to majority but no landslide

NEW DELHI, June 4 (Reuters) - Indian Prime Minister Narendra Modi's alliance was winning a majority of seats about halfway through the count in the general election on Tuesday, but the numbers were well short of the landslide predicted in exit polls, TV channels said.

Modi's own Bharatiya Janata Party (BJP) was falling short of a majority of its own in the 543-member parliament, the trends showed. Having to depend on allies to form the government could introduce some uncertainty in policy-making as Modi has ruled with an authoritative hold in the last decade.

The Hindu nationalist BJP won a majority of its own when it swept to power in 2014, ending India's era of unstable coalition governments, and repeated the feat in 2019.

The prospect of Modi having to rely on allies spooked markets with stocks falling steeply. The blue-chip NIFTY 50 (.NSEI), opens new tab was down 4.8% and the S&P BSE Sensex (.BSESN), opens new tab was down 4.7% at 0833 GMT.

The rupee also fell sharply against the dollar and benchmark bond yields were up.

"A narrower-than-expected victory for Modi's alliance may raise doubts about the new government's ability to push through politically difficult reforms seen as crucial to sustain India's economic growth, which is already the world's fastest," said Vasu Menon, managing director of investment strategy at OCBC in Singapore.

"Despite this, the fact remains that the BJP-led alliance is still set to win a third term, which means continuity in the government's infrastructure and manufacturing-led drive to boost economic growth."

Markets had soared on Monday after exit polls on June 1 projected Modi and BJP would register a big victory, and the ruling National Democratic Alliance (NDA) was seen getting a two-thirds majority and more.

At 0900 GMT, TV channels showed the NDA was ahead in nearly 300 of the 543 elective seats in parliament, where 272 is a simple majority, with about half the votes counted.

Full results are likely in several hours.

They showed BJP accounted for under 250 of the seats in which the NDA was leading, compared to the 303 it won in 2019.

The opposition INDIA alliance led by Rahul Gandhi's centrist Congress party was leading in over 220 seats, higher than expected. Congress alone was leading in nearly 100 seats, almost double the 52 it won in 2019 - a surprise jump that is expected to boost Gandhi's standing.

However, politicians and analysts said it was too early to get a firm idea of the voting trends since counting still had some way to go.

"It's a fair assessment to say 400 at the moment certainly looks distant," BJP spokesperson Nalin Kohli told the India Today TV channel, referring to some projections that gave over 400 seats to the NDA.

"But we need to wait...to have a final picture of the seats because the exit polls speak of a massive sweep, (and) the counting trends currently don't seem to match that," he said.

"The BJP-NDA will form the government, that trend is very clear from the start," he added.

POLICY SLOWDOWN

TV exit polls broadcast after voting ended on June 1 projected a big win for Modi, but exit polls have often got election outcomes wrong in India. Nearly one billion people were registered to vote, of which 642 million turned out.

However, if Modi's victory is confirmed even by a slim margin, his BJP and its allies will have triumphed in a vitriolic campaign in which parties accused each other of religious bias and of posing a threat to sections of the population.

Investors had cheered the prospects of another Modi term, expecting it to deliver further years of strong economic growth and pro-business reforms, while the anticipated two-thirds majority in parliament would allow major changes to the constitution.

"The biggest disappointment for the market is the fact that BJP does not have a majority (yet)...that opens up a Pandora's box because all the other players...are all quite volatile," said Dipan Mehta, founder director at Elixir Equities in Mumbai.

Bank of Baroda economist Sonal Badhan said the lack of a majority for BJP on its own could mean "some slowdown in policy decisions can be expected".

The seven-phase, seven-week poll that began on April 19 was held in searing summer heat with temperatures touching nearly 50° Celsius (122° Fahrenheit) in some parts.

More than 66% of registered voters turned out, just one percentage point lower than the previous election in 2019, squashing pre-poll concerns that voters might shun a contest thought to be a foregone conclusion in Modi's favour.

Modi, 73, who first swept to power in 2014 by promising growth and change, is seeking to be only the second prime minister after India's independence leader Jawaharlal Nehru to win three straight terms.

[starseedfxofficial]

The Yearly Dead Cat Bounce: Why This Yearly Pattern Isn't Quite as Lifeless as It Sounds When it comes to trading jargon, "dead cat bounce" isn’t exactly what you'd call an inspiring phrase. But it certainly gets the point across. Imagine you're on a trading floor, and someone shouts, "It's bouncing!" only for it to fall flat again—kind of like watching your toddler bounce back up after an epic tumble, only to land face-first in the sandbox once more. It's tragic, it's hilarious in hindsight, and it's one of the sneaky phenomena that come around every year in Forex—the yearly dead cat bounce. But before we bury the proverbial feline, let’s look at why this often-overlooked event can actually present golden opportunities. If you’re savvy enough, you might find that these dead cat bounces have a pulse—and boy, do they bounce hard. The Life of the Yearly Dead Cat: Understanding the Rebound Let’s get this straight: the dead cat bounce refers to a temporary recovery of an asset after a sharp decline, just to fool us before continuing on its merry way down. It’s like the financial world’s equivalent of those moments when your workout buddy pretends they’re finished struggling—and then collapses back onto the floor. The yearly dead cat bounce in Forex refers to this phenomenon when it occurs predictably each year. Often, it’s driven by a host of factors—market participants recovering from holiday sell-offs, new traders eagerly entering markets, or institutions making moves that induce a mini-recovery. And trust me, it's just as misleading as that smile you gave your dentist when they "gently" jabbed your gums. But here’s where things get interesting. While everyone else is busy dismissing the bounce as “a false signal,” the best Forex traders are watching closely—ready to dive in and ride the tail end of that “not-so-dead” momentum. Why Traders Fall for the Bounce: The Psychology at Play The yearly dead cat bounce taps into that deepest of human instincts: hope. We see an uptick, and we think, "Surely this is it! The bulls are back!" Unfortunately, the market is as fickle as buying a last-minute swimsuit for a trip—it'll leave you hanging right when you need it most. The psychology of the yearly dead cat bounce goes even deeper when traders start chasing the rebound without realizing that it's just a natural, short-term reflex. It’s like pressing the snooze button, thinking you’re getting “a few more minutes” of productivity, only for it to make you even later to your Monday meeting. But the joke’s on everyone who panics—because with the right tactics, the dead cat bounce can become the gift that keeps on giving. Traders who understand the telltale signs of a bounce versus a legitimate trend reversal can play both sides—making profits from the mini-recovery and the eventual downturn. Spotting the Patterns: A Tale of Hidden Indicators Let’s talk indicators, the bread-and-butter for any serious Forex trader. When we’re dealing with the yearly dead cat bounce, the best traders pull out the more unconventional tools. You know, the kind of indicators that aren't on the default list of every newbie's MT4 platform. Fibonacci retracements are a great way to tell if that dead cat bounce is reaching an exhaustion point. In fact, many traders find that a retracement of about 38.2% from the original plummet is a pretty good point to start rethinking that bullish enthusiasm. You’re not aiming for the bounce to turn into a catapult—you’re just catching a temporary relief rally. Another nifty trick is using volume analysis. If there’s a price recovery, but the volume isn't there to back it up, you're probably looking at a bounce. Think of it like trying to lift a piano by yourself—impressive attempt, but you're likely to drop it after a few inches. Market Timing: The Key to Catching the Dead Cat by the Tail Alright, let’s get tactical here. Timing the dead cat bounce is crucial. Many traders fall for the trap by mistiming their entry or exit points. A lot of times, the bounce is at its most deceptive towards the end of the year, right around the festive period. Traders are overly optimistic, and volumes are thin—resulting in erratic behavior that seems promising but fizzles fast. So how do you time it like a pro? Here's a lesser-known trick—pay attention to the economic calendar and year-end data releases. Many institutional players and funds rebalance around the end of December and the start of January. This creates what can look like a rebound—a quick upward spike followed by another significant drop. That, my friend, is when you make your move. And if you’re wondering how to distinguish a temporary dead cat bounce from an actual recovery, think of it like identifying the difference between someone standing up to dance at a party versus standing up to leave. It’s about context, timing, and what’s happening around them—and the yearly economic releases can clue you into which one you’re seeing. Case Study: Yearly Dead Cat Bounces in Action Take December 2019, for example. The GBP/USD had just experienced a massive decline in November, but come mid-December, the pair made a solid 200-pip rally before retracing again. A lot of traders mistook this as the start of a bullish trend—until reality hit. Those with an eye on seasonal factors and economic releases were able to capitalize on that bounce before shorting the pair back down. It’s all about thinking ahead. The bounce is an opportunity—not the endgame. Don't Forget the Cats (and Tools) in Your Bag The yearly dead cat bounce isn't just about price action. It's a whole mindset shift. A lot of traders see a falling market, and they freeze, paralyzed by fear of loss or greed of wanting to be the one who "caught the bottom." It's the same as trying to catch an egg mid-fall—you’ll end up with more mess than you bargained for. To master this yearly phenomenon, make sure you have a solid risk management plan. Dead cat bounces are notorious for pulling in over-optimistic traders only to smack them right back down. Risk management here isn’t just a smart move—it’s essential if you don’t want to end up cleaning metaphorical egg yolk off your trading platform. Use tools like the StarseedFX Smart Trading Tool (https://www.starseedfx.com/smart-trading-tool/) to help automate your risk management and optimize entries during those volatile times. When a bounce occurs, you need to move fast, and having an automated lot size calculation can help you act decisively. How You Can Benefit: When Cats Fall, Traders Rise Contrarian thinking—that's what separates the 10% who succeed from the rest. Most traders shy away from dead cat bounces, fearing that they'll get caught in yet another downward wave. But if you train yourself to watch for those key signals—volume discrepancies, Fibonacci retracements, and seasonal influences—you’ll find that even bounces can have bite. Instead of panicking at each market dip, consider joining the StarseedFX Community (https://www.starseedfx.com/community) for live trading insights and alerts that can guide you through these bumpy annual events. It’s like having an extra set of eyes on the lookout—or an experienced mentor who nudges you right before you do something regrettable, like using that "sell all" button. The Yearly Dead Cat Bounce And the Moral of the Tale At the end of the day, the dead cat bounce isn't just a funny trading term—it's an annual reminder that, while markets may fall, they also have moments where they bounce back, if only for a short while. Those moments are filled with opportunity if you know where to look. So, next time you hear "dead cat bounce," remember it’s less of a funeral and more of a reminder—of potential profits lying beneath the surface. And who knows? Maybe there’s life in that cat after all. —————– Image Credits: Cover image at the top is AI-generated   Read the full article

[parkavifinance]

Stock market outlook for Monday | Parkavi Finance

Monday market forecast | Stock market technical analysis | Parkavi Finance market update

Get detailed insights into Monday’s stock market outlook. Will Nifty and Bank Nifty show bullish momentum or face a correction? This video covers key factors such as FIIs selling, DIIs buying, and crucial technical levels for Nifty and Bank Nifty. Stay informed with our comprehensive market forecast for the week ahead.

Topics covered in this video:

Quick recap of last week's Dalal Street Week Ahead video: Reviewing last week's market performance and how it sets the stage for this week.

Recap of Markets last week: Key insights into the movements of Nifty50, Midcap, and NSE500, highlighting trends and opportunities.

FIIs selling impact & DIIs buying

DII & FII Activities: Analyzing how continuous FIIs selling and DIIs buying are impacting the market's momentum.

Nifty prediction & Bank Nifty forecast

Nifty in Uncharted Territory: A closer look at Nifty’s current technical levels with focus on support and resistance zones—Is a breakout or correction on the horizon? Nifty support and resistance

Global market cues

Global Cues and Economic Data: Understanding how factors like U.S. jobless claims data, inflation rates, and global market cues might affect Nifty and Bank Nifty.

Read English article: https://www.parkavifinance.com/2024/10/stock-market-predictions-for-monday.html

Watch Tamil video: https://youtu.be/SgQXFtL_LHs

Watch English video: https://youtu.be/gq3cRYqFrf0

Read Tamil article: https://tamilparkavifinance.blogspot.com/2024/10/nifty-bank-nifty-weekly-forecast-will.html

Detailed stock market outlook for Monday. Learn about Nifty and Bank Nifty’s key technical levels, FIIs selling, DIIs buying, and global economic cues. Stay updated with our weekly market forecast. Watch the video and read the articles for complete insights.

#MarketThisWeek #NiftyPrediction#BankNiftyForecast #FIISelling #DIIBuying#StockMarketOutlook #TechnicalAnalysis#GlobalCues #MondayMarketForecast#ParkaviFinance #tamilshare

[news365timesindia]

[ad_1] Infosys is up against high expectations as investors increasingly fret over a potential market correction. | Representational4 min read Last Updated : Oct 11 2024 | 7:38 AM IST By Harshita Swaminathan, Rachel Yeo, Reina Sasaki and Justina T Lee   Infosys Ltd., Wipro Ltd. and HCL Technologies Ltd. are up against high expectations as investors increasingly fret over a potential market correction.    Click here to connect with us on WhatsApp The 2025 financial year has been seen as one of recovery for Indian IT companies after a slowdown in spending from US-based clients brought revenue growth down to the low single-digits in the previous year. While April-June quarter earnings did show an improvement, elevated full-year expectations might prove hard to beat.  “While demand is improving, it is not beating existing estimates,” analysts at HSBC Global Research wrote. The recovery seen so far in banking, media and telecommunications won’t be enough to beat consensus views, they said. Commentary on the effects of rate cuts and the finalization of 2025 budgets from some US firms will be key.   This is against a backdrop of speculation of a looming market correction in India, amplifying the scrutiny on whether earnings across sectors can justify expensive valuations after the Nifty 50’s bull run in the past year, especially after larger rival Tata Consultancy Services Ltd. missed profit expectations on Thursday. Elsewhere in Asia, Taiwan Semiconductor Manufacturing Co. and Contemporary Amperex Technology Co. also likely emerged from their own challenges. TSMC saw a better-than-expected 39 per cent rise in quarterly revenue ahead of its full results, amid concerns on whether AI-driven growth momentum will last. CATL is set to have pushed through intense battery competition to post accelerating profit growth. Highlights to look out for: Saturday: Avenue Supermarts (DMART IN) likely saw double-digit profit growth in the second quarter, although slower store additions may affect future earnings. The company already reported a 14 per cent rise in revenue from operations in the period, lower than Citi’s estimate of 19 per cent. Citi added it’s cautious about earnings as an adverse product mix may have hurt the gross margin.  Monday: HCL Technologies (HCLT IN) should maintain full-year services revenue growth guidance of 3 per cent to 5 per cent, Nuvama Institutional Equities said. HCL’s near-term expansion may be held back by cautious discretionary IT spending by telecommunications, media and technology clients, Bloomberg Intelligence said.  Reliance Industries’ (RELIANCE IN) earnings were likely helped by Jio’s price hikes, which made the digital services segment’s revenue the fastest-growing among all its verticals. Still, the mainstay petrochemicals businesses, which brings in the biggest revenue share, likely saw profit dip. Refining margins also probably more than halved, analysts at Emkay Research wrote.   Thursday: Infosys (INFO IN) is widely expected to raise its full-year revenue guidance closer to market consensus, while Wipro’s (WPRO IN) report is expected to be less eventful. Commentary on opportunities for projects related to generative artificial intelligence will be closely watched. Consensus estimates predict margins should expand for both companies, which analysts at Emkay Research attribute to absence of visa costs and expense-optimization measures across the sector.  TSMC (2330 TT) is expected to weather challenges from softer demand for Apple Inc.’s iPhone 16, potentially denting chip orders. The firm is expected to reiterate healthy fourth-quarter revenue guidance, JPMorgan said. Delays in Nvidia Corp.’s Blackwell chips and how that would impact TSMC will also be in focus.   Nestle India (NEST IN) will probably report single-digit quarterly sales growth, consensus estimates show. The firm likely implemented price hikes in response to rising commodity prices, analysts at Motilal Oswal said.

  Friday: CATL (300750 CH) probably saw strong quarterly growth, even as global battery demand and prices fell. The battery manufacturing company’s scale and cost advantages contributed to margin stability, allowing it to fend off intense competition, while new growth is generated from the energy-storage business, said BI. Building on its electric car battery success, the firm has unveiled new technologies for heavy-duty vehicles.First Published: Oct 11 2024 | 7:38 AM IST [ad_2] Source link

[news365times]

[ad_1] Infosys is up against high expectations as investors increasingly fret over a potential market correction. | Representational4 min read Last Updated : Oct 11 2024 | 7:38 AM IST By Harshita Swaminathan, Rachel Yeo, Reina Sasaki and Justina T Lee   Infosys Ltd., Wipro Ltd. and HCL Technologies Ltd. are up against high expectations as investors increasingly fret over a potential market correction.    Click here to connect with us on WhatsApp The 2025 financial year has been seen as one of recovery for Indian IT companies after a slowdown in spending from US-based clients brought revenue growth down to the low single-digits in the previous year. While April-June quarter earnings did show an improvement, elevated full-year expectations might prove hard to beat.  “While demand is improving, it is not beating existing estimates,” analysts at HSBC Global Research wrote. The recovery seen so far in banking, media and telecommunications won’t be enough to beat consensus views, they said. Commentary on the effects of rate cuts and the finalization of 2025 budgets from some US firms will be key.   This is against a backdrop of speculation of a looming market correction in India, amplifying the scrutiny on whether earnings across sectors can justify expensive valuations after the Nifty 50’s bull run in the past year, especially after larger rival Tata Consultancy Services Ltd. missed profit expectations on Thursday. Elsewhere in Asia, Taiwan Semiconductor Manufacturing Co. and Contemporary Amperex Technology Co. also likely emerged from their own challenges. TSMC saw a better-than-expected 39 per cent rise in quarterly revenue ahead of its full results, amid concerns on whether AI-driven growth momentum will last. CATL is set to have pushed through intense battery competition to post accelerating profit growth. Highlights to look out for: Saturday: Avenue Supermarts (DMART IN) likely saw double-digit profit growth in the second quarter, although slower store additions may affect future earnings. The company already reported a 14 per cent rise in revenue from operations in the period, lower than Citi’s estimate of 19 per cent. Citi added it’s cautious about earnings as an adverse product mix may have hurt the gross margin.  Monday: HCL Technologies (HCLT IN) should maintain full-year services revenue growth guidance of 3 per cent to 5 per cent, Nuvama Institutional Equities said. HCL’s near-term expansion may be held back by cautious discretionary IT spending by telecommunications, media and technology clients, Bloomberg Intelligence said.  Reliance Industries’ (RELIANCE IN) earnings were likely helped by Jio’s price hikes, which made the digital services segment’s revenue the fastest-growing among all its verticals. Still, the mainstay petrochemicals businesses, which brings in the biggest revenue share, likely saw profit dip. Refining margins also probably more than halved, analysts at Emkay Research wrote.   Thursday: Infosys (INFO IN) is widely expected to raise its full-year revenue guidance closer to market consensus, while Wipro’s (WPRO IN) report is expected to be less eventful. Commentary on opportunities for projects related to generative artificial intelligence will be closely watched. Consensus estimates predict margins should expand for both companies, which analysts at Emkay Research attribute to absence of visa costs and expense-optimization measures across the sector.  TSMC (2330 TT) is expected to weather challenges from softer demand for Apple Inc.’s iPhone 16, potentially denting chip orders. The firm is expected to reiterate healthy fourth-quarter revenue guidance, JPMorgan said. Delays in Nvidia Corp.’s Blackwell chips and how that would impact TSMC will also be in focus.   Nestle India (NEST IN) will probably report single-digit quarterly sales growth, consensus estimates show. The firm likely implemented price hikes in response to rising commodity prices, analysts at Motilal Oswal said.

  Friday: CATL (300750 CH) probably saw strong quarterly growth, even as global battery demand and prices fell. The battery manufacturing company’s scale and cost advantages contributed to margin stability, allowing it to fend off intense competition, while new growth is generated from the energy-storage business, said BI. Building on its electric car battery success, the firm has unveiled new technologies for heavy-duty vehicles.First Published: Oct 11 2024 | 7:38 AM IST [ad_2] Source link

[citynewsglobe]

[ad_1] Understanding choices buying and selling will be difficult, however understanding the basics akin to expiry dates might help merchants navigate by way of it with extra ease. Expiry dates decide when an choices contract will develop into invalid and are essential for planning your buying and selling technique. There are numerous weekly, month-to-month, quarterly, and long-term expiries with distinct benefits and drawbacks. On this article, we’ll discover the assorted varieties of expiry in choices buying and selling that will help you make knowledgeable selections. Sorts of Expiry in Choices Buying and selling One of many basic ideas in possibility buying and selling fundamentals is knowing expiry dates. Choices buying and selling has several types of expiry as beneath: 1. Month-to-month Expiry Month-to-month expiry in choices buying and selling in India refers to contracts that expire on the final Thursday of each month. Merchants use these month-to-month expiries to align their methods with longer-term market actions and traits. The predictability of the month-to-month expiry date permits for higher planning and execution of trades, making it a well-liked alternative amongst those that want a extra prolonged time horizon for his or her choices positions. This sort of expiration is especially essential for managing danger and optimizing returns inside the choices market. 2. Weekly Expiry Weekly expiry in choices buying and selling refers to contracts that expire on particular days of the week, relying on the index or inventory. For example, NIFTY choices expire each Thursday, BANKNIFTY choices each Wednesday, FINNIFTY choices each Tuesday, MIDCAP NIFTY choices each Monday, SENSEX choices each Friday, and BANKEX choices each Monday. This frequent expiry schedule permits merchants to capitalize on short-term market actions and volatility thereby permitting extra alternatives for buying and selling and hedging. Weekly expirations are particularly well-liked amongst energetic merchants who wish to exploit fast market modifications since they provide flexibility in addition to potential fast features. 3. Contract Cycles Contract cycles seek advice from the completely different durations for which choices contracts can be found earlier than they expire. These cycles are categorized into three sorts: Close to Month, Subsequent Month, and Far Month. Close to Month contracts have 30 days or much less till expiry, Subsequent Month contracts have 60 days or much less, and Far Month contracts have 90 days or much less. This classification permits merchants to decide on contracts based mostly on their most popular time horizon and danger tolerance. By providing varied contract cycles, the market offers flexibility for each short-term and long-term buying and selling methods, enabling merchants to align their positions with their market outlook and commerce objectives. Conclusion Understanding the several types of expiry in choices buying and selling might help you make extra knowledgeable selections and align your methods together with your buying and selling objectives. Weekly, month-to-month, and contract Cycles expiries every provide distinctive benefits and dangers, so select the one that matches your wants greatest. For extra complete studying, go for inventory market programs in Hindi and English on Upsurge.membership to deepen your information and improve your buying and selling abilities.   [ad_2] Supply hyperlink

[tfatrading]

Are you curious about the latest updates on Gift Nifty Live and its impact on the global financial landscape? You’re not alone! This guide promises to simplify everything you need to know about the GIFT Nifty Index while providing timely insights, trends, and expert analysis. By the end, you’ll have a comprehensive understanding of this dynamic financial instrument and its relevance to today’s trading world.

[coralsoulperson]

Nifty Prediction For Monday | 1 July 2024 | Intraday Trading Good Idea ...

For more knowledge about Nifty trading please subscribe, like and follow this channel #nifty live trading #bank nifty live trading #live trading bank nifty #nifty live trading today #live trading #option trading #nifty #live day trading #live options trading #live intraday trading #bank nifty option trading strategy#nifty prediction #trading options live

[optionperks]

Trade Setup For July 23: Nifty Dips Amid Budget Anticipation, Analysts Predict Volatility

The Nifty ended slightly lower at 24,509 on Monday, as the markets remained cautious a day prior to the Union budget announcement and with the growth forecast in the economic survey released during the day. The broader market indices—Nifty Midcap 100 and Nifty Small Cap 100—outperformed the headline indices and closed higher by around 1%. Auto, metals and pharma gained more than 1%, while IT,FMCG, realty and energy were the sectors that lost to the tune of 0.5%. From a technical standpoint, the market is currently exhibiting non-directional activity around the 24,500/80,400 level following a reversal formation. "With Budget Day looming, we anticipate heightened volatility. The 24,500/80,400 level serves as critical support for the bulls, while 24,850/81,600 could pose as the primary resistance zone for traders," according to Shrikant Chouhan, head of equity research at Kotak Securities.

Chouhan recommends reducing long positions during rallies as long as the market is trading below 24,850/81,600. "Buying is advisable only at major support levels (24,150/79,000 and 24,000/78,600) with a medium- to long-term perspective. If the market surpasses 24,850/81,600, it has the potential to advance towards 25,000/82,000 and 25,300/83,000 levels," he said. According to Siddhartha Khemka,head of retail research at Motilal Oswal Financial Services Ltd., "Though the budget is largely expected to be growth-oriented, with the announcement of some measures aimed at addressing rural economies, this is largely factored in by the market. Investors will look out for signs of further traction." He expects "some volatility, along with sector- and stock-specific actions," on Tuesday. As long as the index remains below 24,855, a sell-on-rise strategy needs to be adopted in Nifty, according to Hrishikesh Yedve, assistant vice president of technical and derivatives research at Asit C. Mehta Investment Intermediates Ltd.

[businessviewpointmag]

Maharashtra Election Results: A New Chapter for the Indian Stock Market?

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Positive Sentiment Boosts Market Outlook

The decisive victory of the BJP-led National Democratic Alliance (NDA) in the Maharashtra election result for the 2024 Assembly Elections has sparked discussions about its implications for the Indian stock market. Market analysts predict a surge in investor confidence and a shift toward aggressive investment strategies, marking a departure from the defensive approach adopted after the Lok Sabha elections. The strong mandate is expected to provide political stability and continuity, fostering a conducive environment for economic growth.

According to Palka Arora Chopra, Director at Master Capital Services, the pro-business policies championed by the BJP are set to favor sectors like infrastructure, urban development, and manufacturing. “This result is likely to instill confidence among investors, as political stability often correlates with a bullish market sentiment,” she noted.

Santosh Meena, Head of Research at Swastika Investmart, echoed similar views, stating, “The market already rallied on Friday in anticipation of this victory. With the official results confirming the NDA’s dominance, we expect a continuation of this trend as markets resume trading on Monday.”

Sectoral Focus Shifts to Infrastructure, Banking, and Railways

The Maharashtra election results are expected to steer investors toward infrastructure, banking, and railway stocks. Mahesh M Ojha, AVP of Research at Hensex Securities, highlighted a potential shift in market strategy. “Previously, investors gravitated toward defensive sectors like FMCG and pharmaceuticals. Now, the focus may pivot to infrastructure and railways, areas of keen interest for both central and state governments,” he said.

Avinash Gorakshkar, Head of Research at Profitmart Securities, emphasized the ripple effect on banking stocks. “With infrastructure companies requiring substantial credit lines, banking stocks could witness heightened activity. The government’s focus on rail and infra projects will likely drive these sectors’ growth,” he explained.

This renewed focus on development-oriented sectors aligns with the BJP’s agenda, which has consistently prioritized infrastructure and economic reforms. Analysts believe that a stable government in Maharashtra will enable seamless execution of these projects, further solidifying investor trust.

Technical Indicators Point Toward a Rally

On the technical front, stock indices are showing signs of a bullish trend. Santosh Meena noted, “The Nifty index has rebounded strongly, finding support at 23,200, a critical level aligned with the 61.8% retracement of its previous rally. Reclaiming the 200-DMA with a bullish candlestick formation indicates a potential trend reversal.” He added that a breakout above the immediate resistance at 24,030 could propel the Nifty to 24,550 or even 25,000 levels. Similarly, Bank Nifty’s resilience near its 200-DMA underscores strong support, with resistance zones at 51,300–53,300.

The optimistic outlook stems from both the political certainty brought by the Maharashtra election results and the technical resilience of the market. With pro-business policies likely to dominate the government’s agenda, experts anticipate a period of robust market activity, particularly in development-focused sectors.

As markets open on Monday, investors will closely monitor these trends, seeking opportunities in sectors aligned with the government’s priorities. The Maharashtra election results not only reflect a political mandate but also signal a promising phase for the Indian economy and its financial markets.

[pathfinderstrainings]

Election Euphoria: Indian Stocks Hit All-Time Highs!

On Monday, June 3, 2024, the Indian stock markets experienced an unprecedented surge that sent waves through the financial world. Driven by optimistic exit polls predicting a decisive victory for the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) in the Lok Sabha elections, robust economic indicators, and positive global cues, the Nifty 50 and Sensex soared to record…

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The "What Just Happened?" Guide to Maximum Drawdown in NZDJPY Have you ever experienced a trade that plummeted so hard you started questioning all your life choices? Yeah, me too. It's like buying those fancy gym memberships in January—sounds good at first, then reality hits, and your account balance shrinks faster than motivation on a Monday morning. Let's talk NZDJPY and that notorious beast called maximum drawdown. Buckle in, because today we're diving into the depths of this trading pair, unraveling what maximum drawdown really means, and—more importantly—how to avoid that gut-wrenching feeling when a trade doesn't go your way. Why Most Traders Get It Wrong (And How You Can Avoid It) The first thing you need to know is that maximum drawdown is like that one friend who eats all your fries but never orders their own—it's sneaky, insidious, and can leave you empty-handed if you aren't prepared. In trading, maximum drawdown measures the biggest dip in your account from a peak to the lowest low before it recovers. Picture a roller coaster—you know, the kind that climbs for what feels like forever, only to drop at neck-breaking speed while you're screaming like you're in a cheesy horror movie. The trick to avoiding a painful maximum drawdown with NZDJPY is knowing what you’re really up against. NZDJPY is a particularly volatile beast, influenced by factors like risk appetite (think risk-on vs. risk-off vibes), Japanese monetary policy (no, Mr. Kuroda doesn't sleep), and New Zealand's seasonal dairy production (you’d be amazed at how often cows indirectly mess with Forex prices). Here’s what happens when traders get it wrong: they go all-in like they're betting on a winning horse, thinking NZDJPY is a sure thing—when, in fact, it's just as unpredictable as a cat at a cucumber convention. NZDJPY tends to react dramatically to changes in market sentiment, which means you'd better have your stop losses in place… and maybe even a backup emotional support ice cream pint. The Hidden Formula Only Experts Use Want to avoid having your account look like it's been through a financial blender? Well, here's where the fun—and secret sauce—comes in. Successful traders rely on the ATR (Average True Range) to understand the typical volatility of NZDJPY. It's like checking the tide before diving into the ocean: if you know how choppy it is, you can decide whether to go for a swim or stick to building sandcastles instead. Combining ATR with a nifty contrarian approach is where the magic happens. Picture this: everyone is bullish on NZDJPY—your neighbor, your cousin who just heard of Forex, and even that Reddit group that thought GameStop was a good idea—but the ATR is telling you that volatility is maxed out. That’s when the pros often take a step back, slap on their "trader Zen hat" and say, "No, thank you." They understand that trading is as much about patience as it is about action. Knowing when NOT to trade is half the game… and trust me, it saves you from maximum drawdown drama more often than not. How to Predict Drawdown Risk With Precision Look, trading without a plan is like showing up to a dance battle without knowing how to dance. When trading NZDJPY, the best move is to calculate your R-Multiple (basically how much you risk vs. reward). Set the maximum drawdown limit at the start of your trading journey. If the losses exceed your comfort zone, don't pull an Icarus and keep flying—step back, reassess, and live to trade another day. Trust me, NZDJPY can burn you harder than trying hot yoga after a long Netflix binge. Using position sizing is another sneaky little hack the experts don't tell you about. The idea here is to risk the same percentage of your account on every trade, no matter what. If you’re risking 1% per trade, and the market goes against you—no big deal. Lose five trades? You've still got 95% left. But go in risking 10%? Well, you’ll need more luck than a cat with nine lives just to survive five bad trades. The Forgotten Strategy That Outsmarted the Pros One overlooked tactic to keep drawdowns in check is hedging. If you feel like NZDJPY might be a rollercoaster but aren't sure where it's headed, why not pair that trade with another yen cross that tends to move differently, like EURJPY? It's like balancing your binge-watching sessions—a bit of action, a bit of drama. Hedging gives you a net position that’s less volatile and therefore protects against that dreaded, panic-inducing drawdown. Some traders also use trailing stops to safeguard profits while riding a trend. It's kind of like slowly inching away from a sleeping lion: the idea is to not make any sudden moves that might end the ride prematurely. By trailing stops based on ATR, you’re adapting to market conditions instead of locking in at a static number. Flexibility, my friend, is the key. The One Simple Trick That Can Change Your Trading Mindset Here’s the thing—to master NZDJPY, you need to understand that maximum drawdown isn't just about loss. It's about mentality. When a trade goes sideways, it's easy to panic and hit that eject button faster than a pilot in a crashing plane. Instead, step back and assess what’s driving the price action. Are you panicking, or is the market just throwing a tantrum like a toddler who didn't get their way? Maximum drawdown doesn’t have to be a disaster if you go into trades expecting it and already have a plan in place. That’s what trading is really about: having a plan and, perhaps most importantly, sticking to it. It’s the difference between a trader who rides the emotional waves and one who stays steady even when the storm rolls in. Oh, and make sure you remember to take a break now and then. Emotional drawdown is a thing too—you don’t want to end up like that over-caffeinated guy from "The Wolf of Wall Street" who loses it in front of everyone. Summing Up: Ninja Tactics for Surviving Maximum Drawdown in NZDJPY - Use ATR to gauge volatility and time your entries. - Set clear maximum drawdown limits based on your risk appetite. - Master position sizing and hedging for safer exposure. - Practice patience: Knowing when not to trade is as powerful as trading itself. - Consider trailing stops based on volatility to lock in profits gradually. And remember, Forex is a lot like life—sometimes, the biggest win is just surviving with your sanity intact. Wrap Up: Ride the Drawdown Storm Like a Pro If you've made it this far, congrats! You now know more about handling NZDJPY drawdown than most traders who hit "buy" or "sell" without a clue. Use these strategies, stay calm under pressure, and always plan for the drawdown before it happens. And hey, if you’re looking for more ways to sharpen those skills, you can check out our advanced Forex courses, stay up to date with the latest economic news, or join our community of traders on StarseedFX for even more insider tips and exclusive tactics. Happy trading—and may your drawdowns be shallow, your profits be deep, and your coffee always warm! —————– Image Credits: Cover image at the top is AI-generated Read the full article