@AlliesFin
#Nifty expected to open higher near the next #breakout /#resistance zone of 9405-9450. Nifty major breakdown point now moves to 9270 and 9119
#US #Markets closed near the flat zone as optimism on economy opening was offset by weakness in #technology shares which attracted profit booking / sell on news mentality.
#Nasdaq remained ranked under performer for the day.
Post market US future moved higher ahead of crucial Fed meet helping #Asian markets to move into green.
After days of consolidation near 100 zone, US $ index broke below 100 to close near 99.78 level.
#Crude #futures continued to remain volatile as many of US traders are planning to wind down June future ahead of May 19 expiry. Crude futures after falling by as much as 20% are witnessing some recovery in early morning trade.
#Axisbank posted mix set of results with asset quality improving a bit but higher covid provision resulted in net loss for q4.
The next two days trading would be dominated by April series expiry related volatility and moves by central banks in US, #Japan and #Europe.
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https://t.me/AlliesFin
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#Nifty expected to open higher near the next #breakout /#resistance zone of 9405-9450. Nifty major breakdown point now moves to 9270 and 9119
#US #Markets closed near the flat zone as optimism on economy opening was offset by weakness in #technology shares which attracted profit booking / sell on news mentality.
#Nasdaq remained ranked under performer for the day.
Post market US future moved higher ahead of crucial Fed meet helping #Asian markets to move into green.
After days of consolidation near 100 zone, US $ index broke below 100 to close near 99.78 level.
#Crude #futures continued to remain volatile as many of US traders are planning to wind down June future ahead of May 19 expiry. Crude futures after falling by as much as 20% are witnessing some recovery in early morning trade.
#Axisbank posted mix set of results with asset quality improving a bit but higher covid provision resulted in net loss for q4.
The next two days trading would be dominated by April series expiry related volatility and moves by central banks in US, #Japan and #Europe.
Stay connected join
https://t.me/AlliesFin
Share n Support 🙏
#Nifty Cmp 18069 (down 189 points)
Even in today's #market nearly 15 NW & JS were booked intraday (2.5%-4% returns) and 10 positional NW & JS were booked. This shows that #money is still moving into stocks where there is a #breakout and interest. So hoping for continuation of the action in the upcoming week too. #alliesfin
Even in today's #market nearly 15 NW & JS were booked intraday (2.5%-4% returns) and 10 positional NW & JS were booked. This shows that #money is still moving into stocks where there is a #breakout and interest. So hoping for continuation of the action in the upcoming week too. #alliesfin