Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Amazon Great Indian Festival Celebration Sale - 2019
Google
Web www.equitybulls.com
Market Commentary

| More

All the things playing out on a Monday morning - Mr Mustafa Nadeem, CEO, Epic Research

Posted On: 2019-08-26 17:57:19

Nifty reverses as FM's measures boost sentiments while global markets also pull up as Trade war tensions that were sparked on Friday are seen easing down. Nifty posts almost 300 points rally from day's low to close at 11057.

It's very volatile markets at this point in time with Tweets, FM measures, reactions, sentiments, and whatnot. All the things playing out on a Monday morning. The Indian equity markets were upbeat on sentiments post Finance minister Measures and comments while the market was still in dilemma over China's retaliatory tariffs. The trump tweeting again to make sure there is a possibility of trade talks further pushed a negative DJIA and other markets to come up in green. The Nifty which was already on a roller coaster of positive sentiments extended the 300 points by the end of the day.

This is also a reversal that was overdue as markets were having RSI divergence and it was an overdue move technically. Further markets are now eyeing other announcements that Finance ministry is going to come up within a few days. So we may see buyers aggressively using any dips in between.

The trade war is a concern now since it has been days now markets are discounting every news and tweet and investors are now losing their cool. Since long term money needs a stable environment in the global markets and it is just not the environment that would be embraced easily.

For Nifty we believe the momentum may continue with 10800 - 10850 as an intermediate support for an upside move that can surpass 11400 if bulls can take out 11180 on a closing basis.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Daily market commentary - October 17, 2019 - BONANZA PORTFOLIO LTD

Global uncertainty easing off one after another, bodes well for the bulls: Angel Broking

Technical & Derivatives Report 17th September 2019: Angel Broking

Daily market commentary - October 16, 2019 - BONANZA PORTFOLIO LTD

Daily market commentary - 15th October 2019 - BONANZA PORTFOLIO

Daily market commentary - October 14, 2019 - BONANZA PORTFOLIO LTD

Stay light to avoid wild swings in the market, 11400 to watch out for: Angel Broking

Index defends key support, remain optimist for near term: Angel Broking

Daily market commentary - 11th October 2019 - Mr Jaipal Shetty, Fundamental Analyst, BONANZA PORTFOLIO LTD

Daily market commentary - 10th October 2019 - Bonanza Portfolio

Near term outlook positive till Nifty holds support of 11100: Angel Broking

Index resumes positive momentum from its support: Angel Broking

Nifty up 1.7% - Mr Jaipal Shetty, Fundamental Analyst, BONANZA Portfolio Ltd

Daily Market Commentary - 07th October 2019 Mr Jaipal Shetty, Fundamental Analyst, BONANZA PORTFOLIO LTD

Key highlights and out take on the monetary policy: Angel Broking

Market commentary - 04th October 2019 - Mr Jaipal Shetty, Fundamental Analyst, BONANZA PORTFOLIO LTD

Quote from Mr. Amit Gupta, Co-Founder and CEO TradingBells

Quote on RBI policy from Mr. Mustafa Nadeem, CEO, Epic Research

Views on RBI Policy - Avnish Jain Head - Fixed Income Canara Robeco Asset Management Company

RBI MPC - Karan Mehrishi, Lead Economist at Acuité Ratings and Research

Technical & Derivatives Report 4th October 2019: Angel Broking

Technical & Derivatives Report 3rd October 2019: Angel Broking

Technical & Derivatives Report 30th September 2019: Angel Broking

Rollover Report for September-October 2019: Angel Broking

Index resumes momentum after some consolidation: Angel Broking

Fiscal deficit may still be limited to 3.5-3.6% - Acuité Ratings & Research

Technical & Derivatives Report 25th September 2019: Angel Broking

Rupee breaches 72 mark amid economic slowdown: Angel Broking

Nifty rallies 1000 points in couple of sessions: Angel Broking

View on Finance Minister's announcement to keep Corporate tax rate to 22% without exemptions

The masterstroke from FM, market takes a giant leap from lows: Angel Broking

Corporate Tax Reduction - Mr. Jignesh Madhwani, Promoter & Partner, Torin Wealth Management

Corporate Tax slashed for the Companies - Ravi Saxena (MD, Wonderchef)

Corporate tax rates slashed to 22% for domestic companies and 15% for new domestic manufacturing companies and other fiscal reliefs

Views on FM Smt. Nirmala Sitharaman Press Conference - Acuité Ratings

India cuts corporate tax, FM announces slew of measures to resurrect economy

Technical & Derivatives Report 20th September 2019: Angel Broking

Technical & Derivatives Report 19th September 2019: Angel Broking

Technical & Derivatives Report 18th September 2019: Angel Broking

Indices confirms a reversal, buying opportunity in midcaps: Angel Broking

Technical & Derivatives Report 9th September 2019: Angel Broking

Market overview after FM announcment - TradingBells

Nifty retraces some of the recent gains, seems a good buying opportunity: Angel Broking

V-shaped recovery in three sessions, Nifty gains 500 points from recent low: Angel Broking

Nifty off 400 points from lows before anyone could realize it, expect further recovery: Angel Broking

Technical & Derivatives Report 26th August 2019: Angel Broking

Technical & Derivatives Report 23rd August 2019: Angel Broking

Selling reemerged at higher levels, still remain hopeful: Angel Broking

Technical & Derivatives Report 19th August 2019: Angel Broking

RBI nudges for growth - Acuité Ratings and Research







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019