September 16, 2020
September 15, 2020
NIFTY EOD charts
- trend is up on daily charts
- today nifty closed 0.7% in positive at 11522
- AD was 3:2
- in 42 days, nifty has moved from 11000 to 11521
- average move of 12 points per day
- this month, net move is almost zero points in 11 days
- NIFTY PE ratio is at 33
- swing low support 11000
Jio Financial Services?
For the uninitiated, the real jewel in Reliance crown is neither telecom, nor retail nor oil.
— Liberated Soul (@Liberated_Soul3) September 9, 2020
It's Jio Financial Services.
The impregnable moat which will be created with telecom & retail customers will make it the most valuable financial institution in years to come.
September 14, 2020
NIFTY EOD charts
- trend is up on daily charts
- today nifty closed 0.3% in negative at 11440
- AD was 2:1
- banknifty was very weak
- while small cap index was up 5%
September 12, 2020
September 11, 2020
NIFTY 30 min charts
- this month nifty opened around 11450 F
- and today, it is still around that level
- markets still rangebound
NIFTY EOD charts
- trend is up on daily charts
- today nifty closed flat at 11464
- AD was 5:4
- so far there has been follow thru selling
- markets have gained almost 400 points from recent lows
- however strong resistance is seen around 11500
- support remains at 11000
- nifty PE at 32+
What connects beer, reptiles basking in the sun, a dangerous yeast infection, 98.4 Fahrenheit, an asteroid collision and finally, coconut toddy?
Read complete thread at https://threadreaderapp.com/thread/1304077632233861121.htmlThe answer is the thermometer. You see, it’s one thing to make small batches of beer in a monastery but a wholly different enterprise to brew hundreds of millions of bottles of beer that taste exactly same
— Krish Ashok (@krishashok) September 10, 2020
September 9, 2020
NIFTY options open interest distribution
- analysis is for monthly expiry
- highest OI is at 11000 PE followed by 10500 PE- reduction in put OI seen and increase in OTM calls OI seen
- puts below 10500 has increase in OI
-in calls, highest OI is at 11500 CE followed by 12000 CE
- no clear conclusion can be drawn
NIFTY EOD charts
- trend is up on daily charts
- today nifty closed 0.34 in negative at 11278
- AD was 1:2
- today nifty closed 0.34 in negative at 11278
- AD was 1:2
- despite gap down opening, markets managed a close near day's high
- RELIANCE closed 2.5% in positive ... a large move for an index heavyweight
- stock contributed approx 80 points move in nifty
September 8, 2020
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