Anuj Singhal CNBC Awaaz Managing Editor

30 May 2023 11:59

44499 high for Bank Nifty. Just 1 point reh gaya.

Anuj Singhal CNBC Awaaz Managing Editor

30 May 2023 05:38

CHASE THE BUS OR WAIT FOR NEXT?
Those in the bus from 17,000 can stay inside
Those who missed the bus should wait for next and not chase
Nifty and Bank Nifty very close to logical targets
Nifty close to 18,650, Bank Nifty close to 44,500
Current swing can extend max to 18,700 and 45,000
Better entry opportunities likely in month of June
Big FII buying yesterday indicates momentum still strong
For risk-reward, better opportunity at 18,450 and 44,000

EXPLAINING FII NUMBERS
FIIs net bought Rs 1758 cr in cash markets
Delivery volume of Rs 2,500 cr in HDFC twins
Delivery volume of nearly Rs 500 cr in ITC
Ex of 3 stocks, no major delivery buying yesterday
Selling seen in large cap and midcap IT stocks
Possible that market now goes through distribution
Advance decline yesterday was 1.2:1
If advance/decline starts to fall, will be warning signal
If adv/dec is strong, then market will start next upward move

NIFTY OUTLOOK
Yesterday, Nifty marked open = high
No money was made in intra-day trades
Nifty traded in 60 point band after the gap up
For today, first range is 18,581-18641 (yesterday’s range)
Bigger range is 18,500-18,700
Couple of more day of consolidation is possible
Fin Nifty expiry today, Congress decision on debt deal tomorrow
Buy zone for today: 18,475-18,550, stop loss: 18,400
Sell zone for today: 18,640-18,700, stop loss: 18,750
Need to see behaviour of IT stocks once again today

BANK NIFTY OUTLOOK
Bank Nifty was stronger than Nifty yesterday
Bank Nifty has one more swing left towards 45,000
For near-term traders, 44,500-44,750 is profit booking zone
No thoughts of shorting Bank Nifty yet
Buy zone for today: 44,150-44,250, stop loss: 44,050
HDFC Bank and ICICI Bank key stocks to watch

Anuj Singhal CNBC Awaaz Managing Editor

29 May 2023 04:38

BUY IN MAY AND GO AWAY!
Debt ceiling deal leads to party in global market
Bank Nifty set to start at a new all time high
Midcap Index also set to start at a new high
Nifty likely to get very close to all time high
Today will be good day to take short-term profit on Index
Big question: Can the Nifty now race towards 20,000?

PREMATURE CELEBRATION?
Global markets celebrating US debt deal
US inflation still high, economy very strong
Risk of this current rally getting sold into in US
Indian market has been moving on its own speed
Now is a good time to rebalance portfolio
Investors must use this rally to exit poor stocks
Some cash levels should be raised in this rally

NIFTY OUTLOOK
Friday’s view was to buy at open and carry
Today’s first trade is to book profit and step aside
No point chasing last 100-150 point move
Profit booking zone: 18,650-18,700
Today, Nifty unlikely to give you intra-day profit
US market closed tonight, need to watch news flow
Sell trade will open if Nifty starts to reject 18,700
Strict stop loss for intra-day shorts: 18,750
First sign of profit taking will be visible in IT stocks

BANK NIFTY OUTLOOK
Bank Nifty is set to zoom in open
Bank Nifty has consolidated for 6 days in a row
Conviction of new highs in May will prove right today
Profit taking zone: 44,550-44,750
No thoughts of shorting, but book profit on longs
At 45,000, Bank Nifty will become very expensive

Anuj Singhal CNBC Awaaz Managing Editor

26 May 2023 08:48

The rain theory never fails. There are some times in life when you dont apply technicals or fundamentals - just your experience :)

Anuj Singhal CNBC Awaaz Managing Editor

25 May 2023 17:24

https://www.instagram.com/reel/Csq25zHMHJP/?igshid=MTc4MmM1YmI2Ng==

Anuj Singhal CNBC Awaaz Managing Editor

25 May 2023 04:55

MARKET: THE DOUBLE DIP!
First dip was bought strongly yesterday
Second dip resulted in day’s low closing
Both “Buy on dips” and “Sell on rally” working
Current market is for those who can play edges

Bank Nifty: Market’s headache
Date High Fall from High
May 18 44079 -327 pts
May 19 44021 -52 pts
May 22 44027 -142 pts
May 23 44096 -141 pts
May 24 44010 -332 pts

MAY SERIES: BEST OF THE YEAR
Index This series
Nifty 2.1%
Nifty Midcap 5.3%
Nifty Auto 7%
Nifty IT 5.6%
Nifty Realty 4.3%
Nifty FMCG 4.2%
Nifty Bank 1.5%
Nifty PSU Bank -2%

NIFTY OUTLOOK
First support: 18,250-18,263
18,250 is options base and 18,263 yesterday’s low
Biggest support: 18,141-18,198
18,198 is 20 DMA and 18,141 is 20 DEMA

BANK NIFTY OUTLOOK
First support zone: 43,450-43,500
43,450 is recent low and 43,500 is 20 DEMA
Biggest support: 43,326 (20 DMA)
First resistance: 43,841-43,900 (Options based)
Biggest resistance: 44,000-44,100 (High of last 5 days)

Anuj Singhal CNBC Awaaz Managing Editor

24 May 2023 05:23

BIG 2 DAYS
SGX Nifty indicating gap down on penultimate day
Buying on gap downs has worked all through May
Big nervousness in global markets on US debt ceiling
Domestic numbers continue to look very strong
Very strong margin performance by Ashok Leyland
Nifty IT and Nifty Bank both ended at day’s low yesterday
Nifty IT may have finished its swing rally of 200 DMA
Nifty Bank still has unfinished business of new high

SECOND TEST OF 20 DMA?
Nifty had defended first test of 20 DMA on Friday
Basic strategy is to buy with 20 DMA as stop loss
If 20 DMA breaks this time, correction can be big
Bank Nifty needs to hold 43,450 to continue uptrend (20 DMA)
Near-term texture of market depends on debt ceiling talks

NIFTY OUTLOOK
Nifty will need to negotiate fall in Nifty IT today
Nifty IT rallied to 200 DMA, fell from highs
Basic texture of “Buy on dips” will be tested today
First support level: 18,260 (From options base)
Big support level: 18,170 (20 DMA)
Buy only if Nifty stabilizes around 18,260 level
Stop loss for all intra-day longs at 18,170
Short trade will open if first recovery starts to fail

BANK NIFTY OUTLOOK
Bank Nifty has now seen 6 days of consolidation
Any market recovery has to be led by Bank Nifty
First support level for Index at 43,800 (Options base)
Most important support level: 43,450 (20 DMA)
Wait for stability between support 1 and support 2
Buy trade if Index stabilizes, stop loss: 43,450
Short trade will open if recovery starts to fail

Anuj Singhal CNBC Awaaz Managing Editor

23 May 2023 08:13

Really sorry for this. Facing issues at streaming end.

Anuj Singhal CNBC Awaaz Managing Editor

23 May 2023 04:58

BAZAR MEIN MANGAL
Nifty has strong momentum right now
Only Bank Nifty is unable to participate
Fin Nifty expiry today, need to see Bank Nifty move
Possible that Nifty outperforms Bank Nifty again
Bank Nifty can attempt big rally tomorrow and day after
Nifty IT met the target of 200 DMA yesterday itself
Nifty IT may see some consolidation after big rally
For today, focus can be on Reliance, L&T, ITC, HUL, Maruti

INDICES: LEVELS TO WATCH
Nifty: 18,444 and 18,458
Nifty: 18,444 and 18,458 have been recent tops
Nifty Bank: 44,050 and 44,152
Nifty Bank: 44,050-44,152 has been high of last few days
Nifty Fin Services: 19400 and 19500
Nifty Fin Services: Expiry today, max OI at 19400 and 19500 Calls
Nifty IT: 28,871 and 29,041
Nifty IT: 28,871 is 200 DMA, 29,041 was last closing high

NIFTY OUTLOOK
Nifty remains very strong and is “Buy on dips”
Yesterday’s strategy was to buy on open and add on dip
Today’s strategy is to not buy at open but wait
If the dip doesn’t come, no point buying today
Buy zone 1: 18,250-18,300
Add zone: 18,200-18,250
Stop loss for all long trades: 18,150
No thoughts of shorting unless 18,350-18,400 is strongly rejected
Short on rejection of 18,350-18,400, stop loss of 18,459

BANK NIFTY OUTLOOK
Fin Nifty expiry today, more consolidation likely
Need to trade Bank Nifty on the edges today
The 2 edges: 44,171 and 43,717
Buy zone: 43,700-43,750, stop: 43,685
Sell zone: 44,000-44,050, stop: 44,152
Positional stop loss for longs at 43,450
Positional stop loss for shorts at 44,250

Anuj Singhal CNBC Awaaz Managing Editor

22 May 2023 08:11

https://www.youtube.com/live/U_uvMEqZU60?feature=share

Anuj Singhal CNBC Awaaz Managing Editor

22 May 2023 06:37

Nifty's high in exactly first resistance zone. This is a level based market

Anuj Singhal CNBC Awaaz Managing Editor

22 May 2023 06:08

Nifty IT and Nifty 💪

Anuj Singhal CNBC Awaaz Managing Editor

19 May 2023 11:47

This is a very good close.

Anuj Singhal CNBC Awaaz Managing Editor

19 May 2023 07:50

On Nifty both legs have played out today. This is all you should aim on a day like today. 🙏

Anuj Singhal CNBC Awaaz Managing Editor

18 May 2023 12:21

https://twitter.com/cnbc_awaaz/status/1659131198982213632?s=52&t=iBCkRBWLqYAieooElK7SeA

Anuj Singhal CNBC Awaaz Managing Editor

30 May 2023 08:01

https://www.youtube.com/live/hk49W2v_Q4I?feature=share

Anuj Singhal CNBC Awaaz Managing Editor

29 May 2023 07:59

https://www.youtube.com/live/h4258ZUmZUs?feature=share

Anuj Singhal CNBC Awaaz Managing Editor

29 May 2023 03:34

Good morning. The Bank Nifty will hit all time high and even attempt 45000 as I have maintained as consistent view for May. Today will be a good day to book profit and step aside. 🙏🙏

Anuj Singhal CNBC Awaaz Managing Editor

26 May 2023 05:04

MUMBAI RAIN MATLAB MARKET GAIN
Markets normally rally on first pre monsoon rain day in Mumbai
Yesterday’s close was very strong
Both Nifty and Bank Nifty have defended 20 DMA and 20 DEMA
Big rally likely once the US debt ceiling deadlock is broken

MARKET IN MAY SERIES
Index %
Nifty 2.3%
Nifty Bank 1.6%
Nifty IT 5.8%
Nifty Midcap 5.7%
Smallcap 4.9%
Nifty Auto 7.3%
Nifty Realty 5.3%
Nifty FMCG 4.9%

NIFTY OUTLOOK
Nifty’s first support at rising 20 DMA
Yesterday’s low was exactly at 20 DMA
Current 20 DMA at 18,223, current 20 DEMA at 18,160
Market’s texture is “Buy on dips” and “Sell on rally”
First support zone: 18,200-18,260
All important support zone: 18,150-18,200
Buy at open and add in 18,200-18,260 zone
Very strict and tight stop loss of 18,150
Profit taking zone: 18,350-18,400
No sell trade in Nifty yet

BANK NIFTY OUTLOOK
Bank Nifty bounced exactly from 20 DEMA
Current 20 DMA at 43,546 and 20 DEMA at 43,363
Highest options build up at 43,500 Put and 44,000 Call
First support level: 43,450-43,500
Most important support level: 43,350-43,400
Need to see behaviour of HDFC Bank
HDFC Bank has started to see big underperformance
All rallies of Bank Nifty punctured by HDFC Bank (Show 1 month chart)
Buy Bank Nifty on stability in support 1, stop of 43,350
Sell Bank Nifty on weakness, stop loss: 43,800

Anuj Singhal CNBC Awaaz Managing Editor

25 May 2023 07:57

https://www.youtube.com/live/xOJpUuLl1Rg?feature=share

Anuj Singhal CNBC Awaaz Managing Editor

24 May 2023 08:03

https://www.youtube.com/live/BNMrxZwG4RM?feature=share

Anuj Singhal CNBC Awaaz Managing Editor

23 May 2023 08:14

We are forced to cancel.

Anuj Singhal CNBC Awaaz Managing Editor

23 May 2023 08:05

https://www.youtube.com/live/VlUQy0SKdn8?feature=share

Anuj Singhal CNBC Awaaz Managing Editor

22 May 2023 10:12

Nifty IT at day's high and Nifty Bank at day's low. Just one of those days where the conviction really played out 🙏

Anuj Singhal CNBC Awaaz Managing Editor

22 May 2023 06:37

Bank Nifty getting close to first support zone now

Anuj Singhal CNBC Awaaz Managing Editor

22 May 2023 06:08

It was clearly visible in the pattern

Anuj Singhal CNBC Awaaz Managing Editor

22 May 2023 05:33

NEW WEEK: NEW HOPE
Last week’s big event was defence of 20 DEMA
First test of 20 DEMA is always defended
Second test of 20 DEMA is more crucial
Alert: Current 20 DEMA stands at 18,079
For all positional trades: Stop loss at 18,050
This week will be all about debt ceiling in US
This week also marks monthly expiry of F&O

MARKET: WHERE IS LEADERSHIP?
For last few days, IT stocks showing traction
Nifty IT has been closing near day’s highs
Most Banks have stopped reacting to good nos
Nifty IT can test the 200 DMA this week
Better to focus on Nifty than Bank Nifty this week
Bank Nifty facing big resistance at all time highs

NIFTY OUTLOOK
First support zone for Nifty: 18,125-18,150
All important support zone: 18,050-18,100
Buy zone for today: 18,100-18,150
Stop loss for all long trades at 18,050
First resistance zone: 18,275-18,325
Biggest resistance level: 18,450
Sell zone for today: 18,250-18,300
Stop loss for sell trades: 18,350

BANK NIFTY OUTLOOK
First support zone for Bank Nifty: 43,700-43,800
All-important support zone: 43,450-43,500
Buy zone for Bank Nifty: 43,750-43,850, stop: 43,500
First resistance zone for Bank Nifty: 44,000-44,150
Biggest resistance zone: 44,150-44,250
If Bank Nifty trades above 44,250, can see big rally
Sell trade for Bank Nifty only if 44,150-44,250 is rejected

Anuj Singhal CNBC Awaaz Managing Editor

19 May 2023 08:03

https://www.youtube.com/live/0o6Egj5qbCE?feature=share

Anuj Singhal CNBC Awaaz Managing Editor

19 May 2023 05:26

3 DAYS OF SELLING
Market beautifully respected “Sell on rally” trade
Friday factor today, Nifty likely to be in a range
Nifty very close to 20 DEMA support of 18,064
Risk-reward not in favour of shorts at 18,100
SBI, ITC earnings failed to evoke “Wow” response

FRIDAY CHEER OR “FRY”DAY?
Today is extremely important day for market
Last time Nifty fell 3 days was Apr 17, 18 and 19
Nifty consolidated for next 2 days and then rallied big
If Nifty makes higher low today, will be very positive
All long trades must have strict stop losses
Bank Nifty has still not shown breakdown signs

NIFTY OUTLOOK
Base case: Nifty to move in 100 points band today
Possible range of 18,100-18,200 likely today
Avoid Nifty trading today, focus on stocks
Sell zone: 18,175-18,225, stop: 18,250
Buy zone: 18,100-18,125, stop: 18,050
If 18,050 starts to break, get out of positional longs
If 18,350 starts to break, get out of positional shorts

BANK NIFTY OUTLOOK
Bank Nifty made higher high and higher low
Bank Nifty still in “Buy on dips” mode
Most Banks came out with good earnings
Big question: Was this peak earnings quarter?
Buy zone: 43,700-43,800, stop: 43,650
Sell zone: 44,000-44,100, stop: 44,175

Anuj Singhal CNBC Awaaz Managing Editor

18 May 2023 11:43

And confirms a near-term top. Now lets watch out if 20 DEMA holds or not