Life cannot get simpler than this!
March 23, 2019
NIFTY weekly charts
- trend is up
- this week, nifty traded in a small range and closed flat
- support 11000
- this week, nifty traded in a small range and closed flat
- support 11000
BANKNIFTY daily and weekly charts
- trend is up
- now trading at all time highs
- from 27000 to 30000, index maintained higher high higher lows
- Friday we saw this break and index formed a bearish engulfing bar
- there is no swing low between 26500 and 30000
- a correction may lead to formation of a higher swing low
- now trading at all time highs
- from 27000 to 30000, index maintained higher high higher lows
- Friday we saw this break and index formed a bearish engulfing bar
- there is no swing low between 26500 and 30000
- a correction may lead to formation of a higher swing low
March 22, 2019
Market outlook
Daily charts:
- trend is up on daily charts
- today markets closed 0.6% in negative at 11457
- AD was 1:2
- bearish engulfing bar formed; however size of prev bars is too small
- note there is no swing low between 10600 and 11600
- option writing support 11000 resistance 11600
- trend is up on daily charts
- today markets closed 0.6% in negative at 11457
- AD was 1:2
- bearish engulfing bar formed; however size of prev bars is too small
- note there is no swing low between 10600 and 11600
- option writing support 11000 resistance 11600
The BJP (website) is back online
After weeks of « maintenance » the @BJP4India website is back... Well, it’s not really the website, it’s just 1 static page.— Elliot Alderson (@fs0c131y) March 22, 2019
That confirms what I said: following the hack, they lost everything and they did not have any backups...🤦♂️ pic.twitter.com/b1MrjQwdRY
Orange Skin, Thick Bones, and All the Other Ways the Human Body Could Change on Mars
...we should expect a fair bit of evolutionary divergence between Mars settlers and the human population on Earth, according to Rice University biologist Scott Solomon, who examined this possibility in his 2016 book Future Humans: Inside the Science of Our Continuing Evolution. That divergence will start unspooling at the outset, thanks to something called “the founder effect.” No matter how or when it happens, the Red Planet will be settled by a relatively small group of people who are not perfectly representative of the entire human population. For example, it’s a pretty safe bet that Mars pioneers will be atypically adventurous and risk-tolerant. That means, Muskton — the odds are decent that the first Red Planet burg will be named after SpaceX’s CEO — will likely feature more rock-climbing gyms and bordellos per capita than cities here on Earth.
And those initial differences will snowball, because Mars and Earth are very different worlds. The Red Planet is much smaller; the force of gravity on its surface is just 38 percent of the pull we feel here on Earth. Mars also lacks ...
Read more at https://medium.com/s/thenewnew/orange-skin-thick-bones-and-all-the-other-ways-the-human-body-could-change-on-mars-805245d4463
And those initial differences will snowball, because Mars and Earth are very different worlds. The Red Planet is much smaller; the force of gravity on its surface is just 38 percent of the pull we feel here on Earth. Mars also lacks ...
Read more at https://medium.com/s/thenewnew/orange-skin-thick-bones-and-all-the-other-ways-the-human-body-could-change-on-mars-805245d4463
How much of this is fake news?
The media controls what it wants to show you and decides how to present it. ... it all depends on the hidden agenda which you will never know.
March 20, 2019
Market outlook
Daily charts:
- trend is up on daily charts
- today nifty closed flat at 11521
- AD was negative at 7:11
- option writing support 11000
- trend is up on daily charts
- today nifty closed flat at 11521
- AD was negative at 7:11
- option writing support 11000
Ericsson teaches Anil Ambani and India's nascent bankruptcy system a lesson
... Ericsson’s lawyers will deserve a glowing mention. For an unsecured creditor to walk away with a 48 percent recovery of its claim – while secured lenders wait patiently for RCom to sell its spectrum, redevelop its land assets and pay them something – shows that the Swedish firm played its cards well.
It also shows the secured creditors, led by State Bank of India, in a rather poor light. They have been deluding themselves since June 2017, when they agreed to an out-of-court restructuring, including a plan to convert part of their debt into equity at almost 25 rupees a share.
Read more at https://www.business-standard.com/article/companies/ericsson-teaches-anil-ambani-and-india-s-nascent-bankruptcy-system-a-lesson-119031900331_1.html
It also shows the secured creditors, led by State Bank of India, in a rather poor light. They have been deluding themselves since June 2017, when they agreed to an out-of-court restructuring, including a plan to convert part of their debt into equity at almost 25 rupees a share.
Read more at https://www.business-standard.com/article/companies/ericsson-teaches-anil-ambani-and-india-s-nascent-bankruptcy-system-a-lesson-119031900331_1.html
March 19, 2019
Market outlook
Daily charts:
- trend is up on daily charts
- today markets closed 0.6% in positive at 10532
- AD was flat
- pattern formed today was "hanging man"
- this is after a shooting star and doji formed in past 2 days
- higher highs and higher lows is still being maintained
- but patterns show signs of selling everyday (AD not supporting)
- option writing support 11000 - this has not increased. Why?
- trend is up on daily charts
- today markets closed 0.6% in positive at 10532
- AD was flat
- pattern formed today was "hanging man"
- this is after a shooting star and doji formed in past 2 days
- higher highs and higher lows is still being maintained
- but patterns show signs of selling everyday (AD not supporting)
- option writing support 11000 - this has not increased. Why?
SIP and dip: Is the dream run over for systematic investment plans?
Janya Menghrajani Desai, 30, was interning with a financial planner in July 2017 when she learnt about Systematic Investment Plans (SIPs) and, considering her risk-averse nature, decided it would be a good way to put money aside as well as ensure it grows. “I’m not someone who takes the risk of investing in stocks directly, so when the planner told me about SIPs, I said why not,” says Desai.
In the past 20 months she has put in ₹1 lakh but made exactly ₹520 on it. “It’s not even 1 percent,” she says, adding that if she had even left it in her savings account, she would at least have made 4 percent. She plans to wait and watch for a few months after the elections in May and then, if the situation doesn’t improve, pull the money out.
Read more at http://www.forbesindia.com/article/investment-special-2019/sip-and-dip-is-the-dream-run-over-for-systematic-investment-plans/52823/1
In the past 20 months she has put in ₹1 lakh but made exactly ₹520 on it. “It’s not even 1 percent,” she says, adding that if she had even left it in her savings account, she would at least have made 4 percent. She plans to wait and watch for a few months after the elections in May and then, if the situation doesn’t improve, pull the money out.
Read more at http://www.forbesindia.com/article/investment-special-2019/sip-and-dip-is-the-dream-run-over-for-systematic-investment-plans/52823/1
Find a trading approach that suits you best
Here's the deal:— Rayner Teo (@Rayner_Teo) March 19, 2019
There's no best timeframe out there. Likewise, there is no best indicator, strategy, or whatsoever.
It depends on you — your goals and what you want from trading.
Once you figured it out, then you can find an approach that suits you best.
March 18, 2019
Market outlook
Daily charts:
- trend is up on daily charts
- today markets closed 0.3% in positive at 11462
- AD was negative 7:10
- past 2-3 days, breadth is negative
- Friday, we had a shooting star
- today a doji/ spinning top was formed (indecision between bulls and bears)
- option writing support 11000
- trend is up on daily charts
- today markets closed 0.3% in positive at 11462
- AD was negative 7:10
- past 2-3 days, breadth is negative
- Friday, we had a shooting star
- today a doji/ spinning top was formed (indecision between bulls and bears)
- option writing support 11000
Subscribe to:
Posts (Atom)