Silver has outrun gold! 📈
With demand on the rise, is it time to invest in silver? 💰
Discover what's driving the surge and what to expect in the coming months.
https://www.instagram.com/reel/DBlik8LyGV0/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==
Savdhaan! Bearish patterns emerging in these stocks:
- #VIP Industries
- #Tanla Platforms
- #Indian Hotels
A potential breakdown could be on the horizon. Stay cautious with your trades! 📉
By SEBI Registered Research Analyst VLA Ambala
#StockMarket #BearishPattern #StockBreakdown #Nifty #SEBI #TechnicalAnalysis #MarketAlert #VipIndustries #Tanla #IndianHotels
https://www.instagram.com/reel/DAqwNDYM90J/?igsh=MXE4ZDV1d2hkN2Nmag==
The Current State of India's Financial Markets: Challenges and Strategies
India's financial markets are facing a challenging landscape as the Indian rupee depreciates against the dollar, raising concerns about the country’s purchasing power and its standing in the global market. This depreciation, combined with disappointing Q2 GDP results, has created a less than favorable environment for investors.
Currency Depreciation and Economic Impact-
The depreciation of the Indian rupee against the dollar is significant, reflecting broader economic vulnerabilities. A weaker rupee makes imports more expensive, contributing to inflation and reducing the purchasing power of consumers. For a country reliant on imports for energy and essential goods, this can have serious ramifications.
Major concern is Declining Investor Confidence-
Recent data highlights a troubling trend: Foreign Institutional Investors (FIIs) have been selling off their holdings at an alarming rate. In the past 30 days, they have divested over ₹1 lakh crore from Indian markets. Meanwhile, Domestic Institutional Investors (DIIs) have stepped in, purchasing nearly 94% of the sell-off in October. Specifically, FIIs have sold ₹97,205.42 crore in equities, while DIIs have bought ₹92,931.54 crore.
This dynamic has contributed to a decline of over 7% in the Nifty50 benchmark index, indicating a loss of confidence among investors. The market appears to be reacting not just to currency issues but also to economic data that fails to align with expected GDP growth.
Technical Analysis of Nifty50- Bench Mark Index
From a technical perspective, the Nifty50 index closed at the 24,200 mark, continuing a bearish trend. Recent candlestick patterns, including a "Bearish Belt Hold," suggest a downward trajectory. The index is trading below the 20-week Exponential Moving Average (EMA) and is approximately 4% away from the 50-day EMA, indicating potential further declines.
For mid-term investors, the recommendation is to consider phased buying at the 50-week EMA during significant dips. However, investors must remain cautious, as more declines could be on the horizon if market conditions do not stabilize.
Intraday Strategy for October 28, 2024 Monday-
For intraday trading on October 28, 2024, the key support levels to watch are 24,150 and 24,000, while resistance is expected at 24,315 and 24,430. Given the current bearish sentiment, a strategy of selling on the rise is advisable for traders looking to navigate this challenging environment.
Conclusion-
As India grapples with currency depreciation, fluctuating investor sentiment, and disappointing economic indicators, it is crucial for investors to adopt a strategic approach. Staying informed about market trends and utilizing technical analysis can help navigate these turbulent times. Investors should remain vigilant and consider gradual investment strategies to mitigate risks while positioning themselves for potential recovery in the future.
Hope this detailed analysis will help you to plan your trading and Investing strategy ahead.
God bless you 😇
Regards,
VLA Ambala
(SEBI Registered Research Analyst)
MORNING BREAKFAST DONE IN SMT MENTORSHIP FAMILY 💚
✔️ 300 POINTS DONE IN BANKNIFTY TRADE
WITH PROPER 🔼 RISK MANAGEMENT AND GUIDANCE
JOIN INDEX OPTION CHANNEL
https://cosmofeed.com/vig/6380ef829c9fa70036a1c6cd
"Real Results from Our Index options Mentorship Channel Member ! "
Hey everyone!
We love sharing success stories from our paid members!
Check out this amazing conversation with one of our satisfied paid members, who made very good ROI using our service!
What they said: "Guys SMT jaisa channel , i haven't seen in my entire stock market career spanning 5 years . Genuinely Ma'am is God sent... She is now a part of my happy family ! "
Join our paid membership and get access to:
Daily index option trades with learning
Expert guidance
Proven strategies
Exclusive community
Join Index Options now and start achieving your financial goals!
Membership link: https://cosmofeed.com/vig/6380ef829c9fa70036a1c6cd
Contact us: https://wa.me/+918459443615
Hurry! Don't miss out on this opportunity to transform your finances!
Join now and start achieving your financial goals!
Nifty 50, Sensex today: What to expect from Indian stock market in trade on October 24 - Mint 🙌🏻🙌🏻
Читать полностью…MORNING BREAKFAST DONE IN SMT MENTORSHIP FAMILY 💚
✔️ 70 POINTS DONE IN BANKNIFTY TRADE
WITH PROPER 🔼 RISK MANAGEMENT AND GUIDANCE
JOIN INDEX OPTION CHANNEL
https://cosmofeed.com/vig/6380ef829c9fa70036a1c6cd
• TRADE TITLE : INTRADAY
• SCRIP NAME: ASTERDM
• TRADE TYPE: BUY
• ENTRY PRICE RANGE: 450 - 455
• TARGET 1: 460
• TARGET 2: 465
• TIME PERIOD: INTRADAY
• STOP LOSS: ***
💥BUY 1 GET 3 OFFER💥
GET 3 MONTHS SUBSCRIPTION FOR THE PRICE OF JUST 1 MONTH
FUTURES CHANNEL
https://cosmofeed.com/vig/630e26ddd60d9956653c8e86
INDEX OPTION CHANNEL
https://cosmofeed.com/vig/6380ef829c9fa70036a1c6cd
EQUITY CHANNEL [INTRADAY & SWING]
https://cosmofeed.com/vig/64a2b98a2eaff10021550a62
BTST CHANNEL
https://rpy.club/g/ppTw6ZA715
STOCK OPTIONS CHANNEL
https://cosmofeed.com/vig/63078ab976384f54d010b76f
ANY QUERIES 👇🏻
https://wa.me/+918459443615
Read investor charter in the pinned message Pay attention - “ Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Please remember that past performance has never been an indicator of future performance
🚫 Avoid these 5 common mistakes if you want to make huge returns on your investments! 📉
Watch now to ensure you're on the right path to financial success! 💡
https://www.instagram.com/reel/DBlBBoly3v7/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==
All given levels hit.
We had booked early in it.
More trades will be posted soon.
God bless you 🙏🏻
Share Market ka Raja
To truly rule the share market, you need to know these 8 powerful animals!
From the bullish charge to the cautious turtle, these creatures represent strategies and mindsets that can make or break your investments.
Check them out now and comment "Stock Market" to stay updated!
#stockmarket #smt #stockmarkettoday #investmentstrategy #animals
https://www.instagram.com/reel/DBjBPkytv1g/?igsh=MTBoem00N2N5ZzV0ag==
The market has seen a correction, but it's time to bounce back stronger!
Check out our top stock picks for the next 5-6 months that have the potential to deliver up to 50% to 100% returns! 📈
https://youtu.be/SFRLX9rrPoM?si=L5mdmw9s0VWt3Gws
Usha Financial Services IPO is now open for subscription! 📅
Check out here for more details - https://www.instagram.com/p/DBgA31yyGvB/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==
https://www.linkedin.com/posts/smtstockmarkettoday_usha-financial-services-ipo-activity-7255112741881810944-Ckqc?utm_source=share&utm_medium=member_desktop
https://www.facebook.com/share/p/pBYSHaJaWturxatT/
https://x.com/SMTOFFICIALS/status/1849348550297072117
Expiry Trade
High risk and high reward possible in terms of percentage.
Buy both at CMP - 20+9
COST 29
Target 50/65/80/100/120/135/150/200
SL zero or holding till 3 :20 PM
INTRADAY VIEW - BANKNIFTY LOOKING
CMP is 51800
BEARISH BELOW - 51660
BULLISH ABOVE - 51765
TARGET - 50/90/130/200/240/300/350
MAX - ATTEMPTS - 2
SL according to SIWNG AT THE RIME OF BREAKOUT/BREAKDOWN