Pre Market Analysis – 27th Oct 2021
Markets recouped Monday’s losses for broader markets after Nifty sustained its crucial support of 18034 and Nifty Midcap and Small cap index ending higher by 2%. With Nifty Midcap 100 index already breaching previous week low and activating breakout in historical volatility, we can expect upside to remain unstable and selling pressure to continue as long Nifty trades below 18377. Results...
Pre Market Analysis – 26th Oct 2021
Markets turned volatile on Monday with broader indices likes midcap and small cap index continued to plunge lower with losses of more than 2% while Nifty ended on a flat note mainly on back of rebound in Bank Nifty. With Nifty breaching Friday’s low of 18034, selling intensified across the board with advance decline ratio standing at 3:17 by the closing. With lower low after weekly bearish...
Everything You Need To Know About The USA Debt Ceiling
The USA debt ceiling crisis is the perfect recipe for an economic blunder, it is a ramification of political polarization which turned the government’s fiscal responsibility into a calamity in no time! So what actually happened? What is the debt ceiling? Why has it been the talk of the town? Well, the US government is accountable for higher expenses than the money it collects via taxes, so...
What is HUF & How It Saves Tax– FFC ep 45
The concept of Hindu Undivided Family, commonly known as HUF, was derived from the ancient Hindu laws. The oldest male member heads the HUF, and is called the ‘Karta’. He is responsible for making and taking decisions for the HUF. The other members in the family are called co-parcerners. In an Hindu Undivided Family all the members can contribute, but once the contribution is...
Pre Market Analysis – 22nd Oct 2021
Nifty has ended below its previous day low for the 3rd straight day, but a 180 point rally in the last hour of trade, suggests that the relief rally could continue on the index in today’s trading session. The Bank Nifty was a clear outperformer in yesterday’s session, it not only made a fresh all time high by rallying nearly 1.5% in the last hour of trade, but also posted the highest ever...
Pre Market Analysis – 21st Oct 2021
Markets succumbed to selling pressure on Wednesday after prices sustained below 18377 and final closing was almost at day’s low by 0.8% in Nifty. The historical volatility of the Nifty Midcap & Small cap index has activated a major breakout after yesterday’s down move and we expect a minimum 15-20% fall in days to come. For Nifty, the immediate downside is seen towards 17452 and selling...
Pre Market Analysis – 19th Oct 2021
Markets extended gains on Monday by ending in green for seventh consecutive trading session and attempting resistance of 18,600. For the next few days, 18500-18666 is seen as a crucial resistance after Dollex 30 i.e. Sensex in USD terms has managed to close above its Septembers highs on Monday. On downside short term support is seen 18445 on closing basis. Earnings Today- ACC, Heildelberg...
Pre Market Analysis – 18th Oct 2021
Market last week gained by 2.5% despite USDINR hitting 1-yr high and Brent crude crossing 7-yr high on back of easy liquidity measures by central banks. After Friday’s up move, the Sensex in USD terms has re-tested its September highs and markets are likely to face resistance around 18,500-18,600 in the coming week. With Brent crude positioned for hitting USD 110 a bbl and USDINR about 80, we...
Monthly Mutual Fund Recommendation
“Saving money is wise but investing it is profitable” and what better than a Mutual fund. Mutual funds let you invest in a variety of funds and are also easy to buy and sell. Thereby making every investor’s first choice for investment. The most prominent type of Mutual funds are: Equity FundsDebt funds Understanding each category will help you to choose your investment wisely. Let...