INDIAN STOCK MARKETS WEEKLY STUDY REPORT

INDIAN STOCK MARKETS 

SEP-17 SERIES WEEKLY STUDY REPORT

CLOSING TO CLOSING 16-23 (FRIDAY TO FRIDAY): 

USA- DOW: 22268- 22349 (+81) NASDAQ: 6449 to 6427 (-22)

EUROPE-DAX: 12519 to 12592 (+73), FTSE : 7215 to 7311 (+96)

JAPAN- NIKKEI: 19910 to 20296 (+386)

HONG KONG-HANGSENG: 27807 to 27881 (+74)

INDIAN MARKETS NEGATIVE MOVES DURING THE WEEK:

NIFTY: 10085-9964 (-121);  BSE-SENSEX=32273-31922 (-351)

BANK- NIFTY : 24844-24368 (-476)

PREVIOUS WEEK 9- 16 (FRIDAY TO FRIDAY): 

USA- DOW 21832 to 22262 (+430) NASDAQ: 6368 to 6449 (+81)

EUROPE-DAX:12304 to12519(+215), FTSE: 7377 to 7215 (-162)

JAPAN- NIKKEI: 19264 to 19910 (+636)

HONG KONG-HANGSENG: 27668 to 27807 (+139)

INDIAN MARKETS POSTIVE MOVES DURING THE WEEK:

NIFTY : 9935-10085 (+150)

BANK- NIFTY : 31687 – 32273 (+586)

POSSIBLE FUTURE ACTION:

INDIAN STOCK MARKETS GOT HAMMERED DUE TO N-KOREA ISSUE, HYDROGEN BOMB TEST AND LACK OF GROWTH IN INDIAN ECONOMY. THE INDIAN ECONOMY DEMANDING STIMULUS OF 50000 Cr AS PER Govt. PLAN AND ALSO LOOKING FOR RBI SUPPORT WITH FURTHER RATE CUTS. THE GLOBAL MARKETS ARE DOING WELL DESPITE THE N-KOREA THREATS, MAY HAVE THE IMPORTANT INFORMATION.

THE TWO WEEK OBSERVATION SHOWS THAT ALL THE GLOBAL INDICES ARE IN TANDEM.

ALMOST ALL THE NIFTY GAINS MADE DURING THE SERIES WIPED OUT IN TWO SESSIONS IS A CAUSE OF CONCERN AT THIS JUNCTURE AS BULL UNWINDING HAPPENING SERIOUSLY WITHOUT MUCH ROLLOVER IN SCRIPS. LOOKS LIKE THE RESULTS SEASON KICKED IN.

NIFTY REGISTERED NEW HIGHS @ 10179 ON 19-09-2017, SERIOUS SELL OFF CAME WITH 225 POINTS CUT TO REGISTER A LOW @ 9954 ON 22-09-2017.

NIFTY: RESISTANCES are @ 10062, 10128-32 and 10250

    SUPPORTS are @ 9982, and 9860-40 CRUCIAL SUPPORT

BANK-NIFTY: RESISTANCES are @ 24703-09; 25010-15,

    SUPPORTS are @ 24150 and 23822-32 Crucial Support 

IMPORTANT DISCLAIMER: 

STOCK TRADING LOOKS EASY AND REWARDING BUT ACTUALLY A HIGH-RISK VENTURE AND TRADERS ARE MOST TO LOSE, DEMANDS CALM MIND AND PSYCHOLOGICAL BALANCE. 

IT IS A CHALLENGING JOB DUE TO PRECISION IN TIMING AND LIMITED CAPITAL AVAILABLE WITH RETAIL TRADERS.

SO ALWAYS CONSULT YOUR EXPERT ADVISOR AND NEVER FORGET TO MAKE YOUR STUDY TO GET SUCCESS.

NOT TO DISCOURAGE ANY ANTHUSIAST BUT REQUEST TO DEDICATE REASONABLE TIME & ENERGY TO EMPOWER THOSE MOST REQUIRED QUALITIES TO BUILD WEALTH CREATION FROM MARKETS.

SEASONED PARTICIPATS RECOGNISE THE MOVE BUT FEAR OF FAILURE WITH HOLDS FROM TAKING POSITIONS. THE NOVICE JUMP TO GRAB THE FLUCTUATIONS AND GET TRAPPED AND PAY THE PRICE TO GAIN THAT EXPERIENCE.

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