Weekly Review 30th Jan 2023

 Dear All,

It was a most bearish week due to Adani Group's report from Hindenburg - a Broking and Short Selling Firm from US. They have also added they were short in Indices & most of the Adani Group Stocks. 

Apart from this news, Since Dec 01st, from the day NIFTY recorded the High Point, Its brazing for a Possible correction with lot of Negative Divergence. But due to lack of trigger, there was no concrete fall happened. 

Most Blue Chip companies also posted a decent Profit resulted in  volatile session.

But the Adani Group News excited the Bears and trigger a sudden and Big volume Fall. The timing of the report was most accurate. Budget Session, Adani FPO and Bear looking for a reason at then time, it Hit Hard.

If I want to say any word as a Last. So far ADANI Was TOO big to FAIL. Lets wait and watch the developement.

> NIFTY Daily Chart <

> Bank NIFTY Daily Chart <

> Financial Services Nifty <

> NIFTY Metal Index <

> Short Term Delivery Call - Voltas <

Volats Buy Triggered above 825 as on, 11th Jan, 2023. 

> Short Term Delivery Call - Voltas Update <

Voltas Can be added near 730 - 740 for the given target.

>>> NIFTY Future Performance in Jan 2023 So Far. <<<

Had a Lot of Hit & Misses due to Heavy volatile in Jan so Far. Options Trades are not calculated so far. 

>>> N4A - Short Term Delivery Call <<

Never Use 100% Capital on a Single Buy.

As I Update with Buy on Dips, Hence Have Space for it.

Some of my paid Customers are trading in Future also, Hence Will Update with Level to them.

DM on Whatsapp for More details.

Join Using the Link given Below for Live Market News Update along with NIFTY / Stocks also.

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Weekly Review - 09.01.2023

 Dear All,

FPIs on Friday sold shares worth Rs 2,902 crore, according to provisional data from the exchanges. Domestic institutional investors, on the other hand, were net buyers to the tune of Rs 1,083 crore.

Indian market lost more than 1 percent in the week ended January 6 (first week of 2023). After a rallying in the first 2 sessions of the new year, the market came under pressure in the last 3 sessions as investors start profit booking ahead of Q3 earnings next week and indication of further rate hikes by Federal Reserve going ahead.

Among sectoral indices on the NSE, Nifty IT and Media declined 2.3 percent each. Nifty Bank index lost nearly 2 percent and Nifty Realty index fell 1.4 percent.

> NIFTY Daily Chart <

Relief Rally possible Next week due to Over sold, May test the Resistance level mentioned in chart.

> NIFTY Hourly Chart <

Wave C Rally may bounce till the given level on chart.

> Bank Nifty Daily Chart <

Bank Nifty is Pushed by many Fin Stocks comes under huge selling pressure. Its a Clear Sell for medium term, But in short Term we may see some bounce. Use the bounce to Book some Profit.

> Bank NIFTY Hourly Chart <

Wave C may rally till 43000 & 43800

> NIFTY IT - Daily Chart <

Have posted in telegram previously about INFY Stock and IT Index to book Profit and exit. Might be some Bubble getting burst in IT Sector. Caution advised.