Kotak Market Mantra: Recent Episodes
Kotak Securities
5 experts, 5 podcasts, 1 destination for all the important investing and trading insights you need to know. Tune in daily to listen to the Kotak Securities research team share the latest updates in the market. > Monday - Friday Morning | Daily Trade Talk & Currently In Currency > > Monday Morning | Weekly Fundamental Insights & Commodity Catch-Up.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 22,000 will be a major resistance level for the day, whereas Nifty 21,500 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and Metal stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #ITStocks #MetalStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR could see an uptick on the back strong US jobs data. But against majors, Rupee cam strengthen
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 22,300 will be a major resistance level for the day, whereas Nifty 21,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Oil Gas and Metal stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #Oil #Gas #MetalStocks
Highlights of this week's Commodity Podcast:
1.The global financial landscape experienced fluctuations throughout the week, with investor confidence swaying due to concerns in the US banking sector and evolving expectations regarding Federal Reserve interest rate cuts.
2.During the January Federal Open Market Committee (FOMC) meeting, the Federal Reserve decided to keep the funds rate unchanged at 5.25% - 5.5%, marking the fourth consecutive meeting at this level.
3.Strong US job data for January and stable unemployment rates contributed to a decrease in market expectations for interest rate cuts.
4.COMEX Gold prices witnessed a weekly gain, influenced by various factors, including the prospect of a US interest rate cut, declining US Treasury yields, uncertainties surrounding New York Community Bancorp, and geopolitical tensions in the Middle East.
5.Silver prices experienced a decline, reaching approximately $22.5 per ounce, reflecting a pessimistic industrial outlook amid projections of a further economic slowdown in China, a significant consumer of the metal.
6.WTI Crude faced a substantial weekly decline of over 7%, driven by unconfirmed reports of progress in negotiations to pause the Israel-Hamas conflict. Despite this, crude oil closed January with a 6% upside, marking its first monthly gain since September.
7.In the current week, market participants will closely watch the US ISM services PMI, speeches from Federal Reserve officials, and Chinese inflation numbers.
8.Additionally, concerns regarding loans linked to commercial property and associated risks from exposure to the US real estate market may impact global risk sentiments.
9.As geopolitical tensions in the Middle East continue to simmer, oil prices are expected to remain highly volatile, posing a potential threat to global supply.
10.The intricate interplay of economic indicators, central bank policies, and geopolitical events will likely keep investors on their toes, navigating through a landscape of uncertainty in the weeks ahead.
CommodityMarket #MarketAnalysis #Podcast #Investing #Trading
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,950 will be a major resistance level for the day, whereas Nifty 21,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Oil Gas and Infra stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #Oil #Gas #InfraStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR can see more selling pressure on the back of fall in the US bond yields
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,850 will be a major resistance level for the day, whereas Nifty 21,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #BankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Indian Budget and UK monetary policy meetings may trigger some volatility in the currency pairs today
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains dead flat but action may heat up tomorrow as US FOMC meeting is tonight
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,710 will be a major resistance level for the day, whereas Nifty 21,380 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #BankStocks
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 21,960 will be a major resistance level for the day, whereas Nifty 21,650 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and Bank stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #BankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but keep an eye on crosses as major data releases are lined up in the evening
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,750 will be a major resistance level for the day, whereas Nifty 21,300 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and Metal stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #Metal #MetalStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR can see some buying on the back strength in the US dollar index
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,400 will be a major resistance level for the day, whereas Nifty 21,100 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and Bank stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #IT #ITStocks #BankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
We expect high volatility in Rupee crosses due to major economic data releases over this week
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,725 will be a major resistance level for the day, whereas Nifty 21,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and Bank stocks.
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Highlights of 23rd January Fundamental Weekly Podcast:
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The Nifty-50 Index touched all-time high on Monday and went downhill to close 1.47% down on week to week basis.
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Weak results of Nifty-50 companies in the past week weighed on investor sentiment.
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On the economy front, December CPI inflation came in at 5.7% compared to 5.6% in November.
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Flls continue to be a net cash seller to the tune of Rs.23584 crores, to date in Jan'24.
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PICK OF THE WEEK – Indus INds Bank - TARGET - Rs 1800
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11B reported 17% YoY earnings growth, led by ~9% YoY operating profits growth and 12% YoY decline in provisions.
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NIM was stable QoQ at 4.3%, loan growth was solid at -20% YoY and asset quality was
broadly unchanged QoQ, though slippages were marginally higher.
- The bank continues to invest in the franchise, leading to elevated cost ratios.
KotakSecurities #FundamentalPodcast #WeeklyInsights #MarketInsights #Equity #PickOfTheWeek #Sula #StockMarkets #Trading #Investing
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,550 will be a major resistance level for the day, whereas Nifty 21,250 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, Infra and Bank stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #BankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains ranged but volatility continues to rule in Rupee crosses.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,800 will be a major resistance level for the day, whereas Nifty 21,440 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and Bank stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #IT #ITStocks #BankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but JPYINR can continue to find favour with carry traders
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 22,150 will be a major resistance level for the day, whereas Nifty 21,970 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty and Nifty IT Index.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #IT #ITStocks #BankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
A strong dollar overseas can push USDINR higher today
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 22,225 will be a major resistance level for the day, whereas Nifty 21,950 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and Bank stocks.
KotakSecurities #Nifty #technical #tecnicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #BankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
A strong dollar overseas may hurt bearish sentiments in the USDINR
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Highlights of this week's Commodity Podcast:
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Global markets experienced fluctuations in risk sentiment while closely monitoring inflation reports from both the United States and China, amid escalating geopolitical tensions in the Middle East.
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US inflation figures surpassed expectations, leading to an immediate upturn in both the dollar and US 10-year treasury yields, surpassing 102.7 and 4%, respectively.
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However, cooler-than-expected producer inflation print in the US on Friday, fostered speculation of earlier monetary easing by the Fed.
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COMEX Gold prices rebounded sharply from a low of $2017 following the US inflation release. Despite initial volatility, gold prices ended the week flat due to a cooler-than-expected producer inflation print in the US
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The ongoing Middle East conflict continued to drive safe-haven demand for gold, with silver also recovering, leading to marginal losses of around 0.10% by the end of the week.
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WTI Crude experienced a significant rebound from $70.13/bbl to $75.25/bbl, settling 1% higher near $72.68/bbl. Strikes against Houthi targets in Yemen, in response to attacks on ships in the Red Sea, reintroduced war risk premium.
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Crude oil prices may remain supported amid fears of disruptions and the need for vessels to divert, especially as Saudi Arabia warned that recent actions by the US and its allies could inflame tensions.
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Most base metals on the LME hit one-month lows due to concerns about global manufacturing and construction activity, coupled with uncertainty surrounding the Fed's interest rate outlook.
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Looking ahead, markets are set to focus on upcoming US retail sales data and speeches by FOMC officials . A robust performance in December's retail sales could prompt the Fed to adopt a cautious approach, potentially reducing the urgency for rate cuts.
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Moreover, a third consecutive monthly decline in China's CPI in December raises expectations of the People's Bank of China cutting rates on its one-year policy loans for the first time since August.
CommodityMarket #MarketAnalysis #Podcast #Investing #Trading
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Rupee is catching a bid against the US Dollar as FPI inflows remain robust.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 22,100 will be a major resistance level for the day, whereas Nifty 21,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, Bank and IT stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #IT #ITStocks #BankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is trading close to its major support zone as US Dollar weakens globally
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,835 will be a major resistance level for the day, whereas Nifty 21,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, Bank and Auto stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #itindex #autostocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is tantalisingly close to the lower end of it's 6 month range. A break down now can be an interesting development.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,720 will be a major resistance level for the day, whereas Nifty 21,500 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #itindex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
JPY can see more downside pressure as US yields tick higher
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 21,780 will be a major resistance level for the day, whereas Nifty 21,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty and Bank Nifty.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #midcapstocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR may open near support and buying may emerge thereafter.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,780 will be a major resistance level for the day, whereas Nifty 21,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty and Bank Nifty.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR may open near the lower end of the prevailing range, offering a buying opportunity
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
JPY carry traders continue to pile onto shorts in Yen as month over month premium remains attractive.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,800 will be a major resistance level for the day, whereas Nifty 21,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and Auto stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #itstocks #autostocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but volatility continues in the cross INR
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,850 will be a major resistance level for the day, whereas Nifty 21,760 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and Auto stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #itstocks #autostocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but with an upward drift. Volatility can increase in the cross INR
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,900 will be a major resistance level for the day, whereas Nifty 21,850 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Cement and Auto stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #cementstocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. A quiet day awaits us but a strong dollar overseas can be supportive for the USDINR rate
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,850 will be a major resistance level for the day, whereas Nifty 21,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Capital Goods and Steel stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #capitalgoods #Steellstocks
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,800 will be a major resistance level for the day, whereas Nifty 21,500 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Cement and Metal stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #metalstocks
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,600 will be a major resistance level for the day, whereas Nifty 21,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Tech and Metal stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #techstocks #metalstocks
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,600 will be a major resistance level for the day, whereas Nifty 21,200 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, and Bank Nifty.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #techstocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Lack of movement in USDINR has emboldened option sellers.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,350 will be a major resistance level for the day, whereas Nifty 21,180 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, Bank and Tech stocks.
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Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Quiet and range bound markets expected till year end
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,225 will be a major resistance level for the day, whereas Nifty 20,930 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT index.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #IT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Some mild rupee strength can be seen at the open against the US Dollar due to global cues
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,500 will be a major resistance level for the day, whereas Nifty 21,300 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and FMCG stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #FMCG
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR may once again slip into a range as liquidity dries up into the year end
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
The markets experienced a surge in positive momentum after the Federal Reserve delivered its strongest indications yet of a forthcoming pivot to easing monetary policy in the coming year.
For the first time since March 2021, Federal Open Market Committee (FOMC) officials projected no further interest-rate hikes.
Notably, the fed funds rate was forecasted to be at 4.6% by the end of the next year, signalling a potential 75 basis points rate cut—well below previous projections of 5.1%.
the US Dollar slid to 101.77, and US 10-year treasury yields dipped below 4% for the first time since August.
Amidst these market dynamics, COMEX Gold surged to $2062.9/oz and Siler traded as high as $24.59/oz, benefiting from rising bets on a reduction in borrowing costs in March that weighed on treasury yields
Crude oil also experienced positive trends, gaining support from an improved global demand outlook after IEA and OPEC report and significant US inventory drawdown.
Base metals received a boost from the relaxation of home purchase restrictions in Beijing
Looking ahead, market focus will turn to flash PMI, US GDP and Core PCE data prints. Additionally, the Bank of Japan's monetary policy decision will be eagerly awaited.
Markets will keep a close eye on China for additional support measures
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Rupee can strengthen further against the dollar as positive triggers are lined up well.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,750 will be a major resistance level for the day, whereas Nifty 21,250 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and BFSI stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #IT
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,300 will be a major resistance level for the day, whereas Nifty 21,000 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and IT stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #IT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
A weak dollar can drive USDINR lower eventually. In crosses, we can continue to uptrend
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,030 will be a major resistance level for the day, whereas Nifty 20,900 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and IT stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #IT #Metal
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Post Fed, USDINR may open weak but momentum can be found only in crosses.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 20,800 will be a major resistance level for the day, whereas Nifty 20,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Auto and Metal stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #Auto #Metal
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Currencies likely to remain flattish ahead of Fed meeting tonight
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,150 will be a major resistance level for the day, whereas Nifty 20,950 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Pharma and Tech stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #Pharma #Tech
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,300 will be a major resistance level for the day, whereas Nifty 20,800 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and Metal stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #InfraStocks #MetalStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is in a very slow upward drift aided by a strong dollar index.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Highlights of 11th December Fundamental Weekly Podcast:
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Nifty and Sensex gained ~3%.
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BSE Power and the BSE Oil & Gas index posted strong returns followed by BSE Energy, BSE Capital Goods and BSE Bankex Index.
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The RBI MPC, as expected, voted unanimously to hold the repo rate at 6.5%.
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October GST collections were 15.1% YoY higher at Rs1.68 lakh crore.
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Flls continue to be a net cash buyer to the tune of Rs. 7,242.42 crores, to date in Dec'23.
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PICK OF THE WEEK – Sula - TARGET - Rs 530
-
Sula delivered revenue growth of 11.8% YoY, led by 3%/12% volume/value growth in the sale of its own brands.
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The hospitality business grew 26% YoY
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Elite/premium wine performance continues to be robust, with 13%/15% volume/value growth, taking its share to 73.5% (up 190 bps YoY).
KotakSecurities #FundamentalPodcast #WeeklyInsights #MarketInsights #Equity #PickOfTheWeek #Sula #StockMarkets #Trading #Investing
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,100 will be a major resistance level for the day, whereas Nifty 20,800 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Infra and Metal stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #InfraStocks #MetalStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but fireworks are in store for JPY traders as the central bank hints at early exit from monetary easing
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,100 will be a major resistance level for the day, whereas Nifty 20,800 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Mid-cap IT and Metal stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #ITStocks #MetalStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but Rupee can continue to do well against Euro and JPY
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 21,000 will be a major resistance level for the day, whereas Nifty 20,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and PSU Bank stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #PSUBanks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR continues to be rangebound but due to strength in the US dollar index we could see drop in crosses against the rupee
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 20,850 will be a major resistance level for the day, whereas Nifty 20,500 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and IT stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #MetalStocks
Commodity Market Analysis and Outlook - 04th December - 8th December, 2023
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Mixed Signals in the US Economy has Sparked Speculation on Rate Cuts and this has Impacted Global Markets
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Earlier in the week, the dollar slipped to a four-month low of 102.6 as two of the most hawkish Fed officials signalled a possible pause in rate hikes, reinforcing the belief that the current cycle may be completed
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The greenback rebounded to 103.59 by month-end, erasing weekly losses but still closed November with a notable 3% decline, marking its largest monthly drop in 2023
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COMEX Gold prices experienced a notable surge, reaching a six-month peak at $2073.2 per troy ounce during the previous week, closely approaching the all-time high of $2089.2 achieved during the pandemic. This upward momentum was driven by a simultaneous decline in treasury yields and the dollar index
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Silver mirrored gold's performance, recording a gain of over 5% for the week
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Market dynamics are influenced by the anticipation of Federal Reserve rate cuts in early 2024, further enhancing the appeal of gold and silver
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WTI Crude closed the week around 1% lower near $74/bbl amid scepticism and confusion surrounding OPEC+'s announcement of approximately 900,000 barrels a day in fresh output cuts from January
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Market sentiments suggest concerns about the cartel's output being sufficient for a slowing global economy, contributing to the decline in crude oil prices
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In the industrial metals sector, except for copper, prices closed lower due to a rebound in the dollar and mixed PMI figures from China
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Notably, a bullish engulf pattern in MCX Copper futures contracts for December delivery has been confirmed, with bulls eyeing the next resistance near 742
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Looking ahead , the US ISM Services PMI and jobs data in the week may test market nerves, with the potential for unexpected resilience to prompt traders to recalibrate their rate expectations
Highlights of 4th December Fundamental Weekly Podcast:
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Both Nifty and Sensex gained ~2.3% while Nifty Mid-cap gained 3.2% and the Nifty Small-cap gained 3.2%.
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On the economy front, real GDP growth of 7.6% in Q2FY24 came in ahead of expectations, led by strong investment growth (11% YoY) and government expenditure (12% YoY).
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In Flls continue to be a net cash buyer to the tune of Rs. 8,219.76 crores, to date in Nov'23.
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PICK OF THE WEEK – Samhi Hotels - TARGET - Rs 230
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SAMHI is among India's largest hotel ownership & asset management platforms
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Portfolio of 4,801 keys/31 operating hotels, built through an acquisition led- strategy
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Revenue/EBITDA CAGR of 24%/27% over the next three years
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We expect earnings per share (EPS) of Rs 6.0 in FY25E and Rs 9.2 in FY26E
KotakSecurities #FundamentalPodcast #WeeklyInsights #MarketInsights #Equity #PickOfTheWeek #SamhiHotels #StockMarkets #Trading #Investing
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Rupee against US Dollar may see mild strength at the open but overall rangebound view
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 20,650 will be a major resistance level for the day, whereas Nifty 20,200 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and Auto stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #MetalStocks #AutoStocks
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 20,300 will be a major resistance level for the day, whereas Nifty 19,900 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT, Auto and Capital good stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #NiftyIT #CaptialGoodsStocks #CapitalGoods #RelianceIndustries
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound, offering opportunities to option sellers.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 20,225 will be a major resistance level for the day, whereas Nifty 19,975 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT, Auto and Chemical stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #NiftyIT #ChemicalStocks #autostocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR is seeing a gradual upward drift but volatility can be seen in Rupee crosses
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,875 will be a major resistance level for the day, whereas Nifty 19,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank, and Auto stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but we could see more action in the Rupee crosses.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,875 will be a major resistance level for the day, whereas Nifty 19,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT and IT stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #IT #ITStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
A quiet day awaits us as US markets are shut for Thanksgiving holidays.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,875 will be a major resistance level for the day, whereas Nifty 19,670 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT and Power stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #IT #ITStocks #Power #PowerStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Hopes for tax cuts from the UK can keep GBPINR in demand. USDINR remains rangebound.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,875 will be a major resistance level for the day, whereas Nifty 19,500 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT and Auto stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #IT #ITStocks #Auto #AutoStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Global dollar weakness can be positive for Rupee crosses. Keep an eye on EURINR, GBPINR and JPYINR.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,875 will be a major resistance level for the day, whereas Nifty 19,500 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT and Tyre stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #Tyre #IT #TyreStocks #ITStocks
Commodity Market Analysis and Outlook - 20th November - 24th November, 2023
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Investors found relief last week as the latest data indicated a gradual slowdown in the US economy, fueling hopes of a Fed pivot.
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The US CPI data for October revealed a decrease in the headline inflation and the core CPI. Following the soft CPI figures, Fed swaps indicated almost zero odds of another hike, with the market pricing in a 50 basis-point rate cut by July.
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US weekly jobless claims rose to the highest in nearly three months, suggesting signs of a softening labor market and easing economic momentum, aligning with the Fed’s recent warnings of a slowing economy.
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COMEX Gold prices recorded the first weekly gain in three, while Silver rallied more than 6.5% in the previous week as Bleak economic data from the US fueled optimism that the Federal Reserve’s aggressive tightening campaign has concluded.
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Signs of a Fed pivot amid a slowing US economy and easing price pressures might keep gold and silver prices buoyed.
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WTI Crude oil slipped to a four-month low of $72.16/bbl before recovering and ending the week near $76/bbl. WTI Crude might trade range bound for the week provided the 200 SMA resistance near $76.50 holds on weekly closing basis
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LME base metals started the week positively due to a weaker dollar and the largest cash injection from PBoC in nearly seven years. However, metals closed mixed as the latest economic indicators from China dampened the recovery outlook and hurt demand prospects.
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A bullish engulfing confirmation with a weekly close above 715 in MCX Copper might give a strong push higher to the metal.
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Looking ahead to the coming week, the FOMC meeting minutes and Flash PMIs from Western economies will be in focus.
commodities #kotaksecurities #commoditymarkets #commoditytrading #investment #interestrates #stockmarket
Highlights of 20th November Fundamental Weekly Podcast:
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Both Nifty and Sensex gained ~1.5%.
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NSE Midcap Index gained 2.5% and the BSE Smallcap Index gained 4.3%.
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The Q2FY24 earnings season ended with a modest beat versus our expectations, primarily due to strong performance of OMCs.
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In Oct'23, FPIs were net sellers (in cash market) of US$2,657mn.
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PICK OF THE WEEK – Infosys - TARGET - Rs 1700
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Infosys reported revenue was spruced up by pass-through and one-off elements.
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Four mega deals drove TCV of US$7.7 bn with US$3.7 bn net new component.
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We cut FY2024-26 revenue and EPS estimates by 1-2% and tweak FV to Rs1,700, valuing the stock at unchanged 22X September 2025E earnings.
KotakSecurities #FundamentalPodcast #WeeklyInsights #MarketInsights #Equity #PickOfTheWeek #Infosys #StockMarkets #Trading #Investing
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
An action packed week ahead in Rupee crosses: EUR, GBP and JPY.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,875 will be a major resistance level for the day, whereas Nifty 19,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT and Auto stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #Auto #IT #AutoStocks #ITStocks
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,950 will be a major resistance level for the day, whereas Nifty 19,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Auto and Steel stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #Auto #Steel #AutoStocks #SteelStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but keep an eye on GBPINR today as the retail sales will be released
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,800 will be a major resistance level for the day, whereas Nifty 19,550 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metals and Mid-cap stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #Metal #PSU #MetalStocks #MidCapStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR could see some opening strength as the US dollar index rebounds on the back of strong US data
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Rupee can strengthen the US Dollar due to weak US inflation. But in cross INR, we expect upward momentum in the three pairs
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,850 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metals and PSU stocks.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #Metal #PSU #MetalStocks #PSUStocks
Highlights of 13th November Fundamental Weekly Podcast:
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Both BSE 30 and NIfty 50 index gained this week, following the trend in global equity markets, the BSE Mid-cap and Small-cap index outperformed the larger peers in the domestic market.
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Majority of the sectoral indices gave positive returns during the week.
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The Q2FY24 earnings season has been slightly ahead of estimates so far. Oil prices corrected during the week and Brent crude is now trading at ~$80 per barrel.
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FIIs continue to be a net cash seller to the tune of Rs. 6170 crores, to date in Nov’23. In Oct’23, they were net cash sellers of Rs.29,056.61 cr.
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Result update; HDFC AMC Analyst Day gave comfort that the business is benefiting from strong fund performance, industry flow tailwinds and fading concerns about impactful regulatory intervention.
The investment thesis is earnings-led, where we believe HDFC AMC has strong levers to outperform peers.
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PICK OF THE WEEK – ADANI PORTS
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ADSEZ's EBITDA grew 19% yoy, 4% head of our estimate.
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Increase estimates by 5% and roll forward to FV of Rs940 (from Rs870). - ADSEZ is our top pick among infrastructure assets.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,570 will be a major resistance level for the day, whereas Nifty 19,450 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty and Bank Nifty.
Nifty 19,570 a major resistance level
Nifty 19,450 an important support level
Get a full trading strategy here for Nifty and Bank Nifty.
Commodity Market Analysis and Outlook - 13th November - 17th November, 2023
• Throughout the previous week, the Federal Reserve's communications played a pivotal role in shaping market sentiment.
• Fed Chair Jerome Powell’s recent warning of potential further rate hikes brought an end to the market's optimistic tone that began the week on a high note.
• On the data front, US consumers’ long-term inflation expectations increased to 4.4%, highest since 2011, compared to last month’s 4.2%.
• The US Dollar that had dipped to a six-week low of 104.84 at the initial part of the week, rebounded close to 106 as doubts emerged regarding the speed of interest rate cuts.
• COMEX Gold faced its second consecutive weekly decline, influenced by easing geopolitical tensions and signals from Fed officials pointing to a prolonged period of higher interest rates. Silver also closed the week with over a 4% downside.
• WTI Crude experienced its third consecutive weekly drop, reaching a four-month low of $74.91/bbl.
• LME base metals fluctuated between gains and losses, influenced by a weakening dollar and early-week optimism about additional stimulus.
• The current week holds significant importance, with a focus on US Consumer Price Index (CPI) data, retail sales, and various Chinese economic indicators. Any signs of an uptick in US inflation or consumer spending could reinforce the belief that the Fed will maintain higher interest rates for an extended period, potentially impacting bullion and other risk assets.
Find out in our commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.
Join Shrikant Chouhan, head of research, as he takes us through the daily trade talk podcast.
Nifty 19,470 will be a major resistance level for the day, whereas Nifty 19,200 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty and Bank Nifty.
Nifty 19,470 a major resistance level
Nifty 19,200 an important support level
Get a full trading strategy here for Nifty and Bank Nifty.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Hawkish from Fed chief is driving US dollar higher today.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,400 will be a major resistance level for the day, whereas Nifty 19,315 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty and Bank Nifty.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but focus on cross INR for intra day trading opportunities
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,550 will be a major resistance level for the day, whereas Nifty 19,150 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty and Bank Nifty.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Intra day volatility remains high in Rupee crosses, offering trading opportunities for day traders.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,550 will be a major resistance level for the day, whereas Nifty 19,150 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Metal stocks in focus.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #MetalStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but Rupee crosses continue to offer intra day volatility
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,450 will be a major resistance level for the day, whereas Nifty 19,150 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and Capital Good stocks in focus.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #BFSIStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but trading opportunities exist in Rupee crosses#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Weekly Outlook: Sun Pharma among Top Stock Picks. FII Net Seller Highlights of 6th November Fundamental Weekly Podcast- Both Nifty and Sensex declined ~1.2% following the trend in global equity markets in the aftermath of a dovish FOMC meeting.- Nifty Midcap Index gained 2.3% and the Nifty Smallcap Index gained 2.5%.- On the economy front, GST collections for September (collected in October) were 13.4% YoY higher at Rs1.72 lakh crore (August: Rs1.63 lakh crore).- Flls continue to be a net cash seller to the tune of Rs.3052 crores, to date in Nov'23.- PICK OF THE WEEK – Sun Pharma - TARGET - Rs 1280- SUNP posted a fine 2QFY24.- Despite baking in a further increase in R&D spends, we expect SUNP to report a healthy 190 bps EBITDA margin expansion over FY2023-26E, led by higher profitability in specialty and better domestic productivity. - Accordingly, we forecast an adjusted EPS CAGR of 13%over FY2023-26.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but cross INR can see high volatility#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,420 will be a major resistance level for the day, whereas Nifty 19,050 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and IT stocks in focus.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #ITStocks #IT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.Dovish Fed can help Rupee appreciate. Keep a focus on rupee crosses as volatility remains high over there#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,260 will be a major resistance level for the day, whereas Nifty 18,940 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Infra and Auto stocks in focus.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #AutoStocks #Auto
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.While volatility remains relatively low in USDINR, traders of EURINR, GBPINR, and JPYINR can expect a day filled with active market movements and trading opportunities.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,250 will be a major resistance level for the day, whereas Nifty 18,900 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Auto stocks in focus.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #AutoStocks #Auto
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.All eyes on Bank of Japan policy meeting. We expect high volatility in JPYINR#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #JPYINR #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,335 will be a major resistance level for the day, whereas Nifty 18,900 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Bank stocks in focus#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #BankStocks #Banks
Commodity Market Analysis and Outlook - 30th October - 3rd November, 2023:• In the past week, global financial markets experienced notable fluctuations, influenced by developments in the Israel-Hamas conflict, mixed corporate earnings reports, and the rollout of economic stimulus measures in China.• The US dollar received a boost from a combination of lackluster corporate earnings, safe-haven demand, and signs of resilience in the US economy.• It reached a 3-week high, trading at 106.89. US 10-year treasury yields also remained near a 16-year high, crossing the 5% mark for the first time since 2007.• COMEX Gold climbed above $2,000 per ounce, marking its third consecutive weekly gain amid escalating geopolitical uncertainties in the Middle East.• In this uncertain environment, gold prices have and are expected to rise further as the metal benefits from a higher risk premium.• From a technical standpoint, COMEX gold might target all-time highs in the range of $2,085 to $2,090 per troy ounce provided it stays above $2009 on a few closings.• WTI Crude oil prices initially fell to $82.08 per barrel, however, prices rebounded to $86.3 per barrel amid fears of geo-political conflicts.• WTI crude oil is expected to maintain a trading range of $82 to $88 per barrel. A decisive break in either direction could establish a clear trend.• LME base metals experienced fluctuations as investors assessed whether China's renewed focus on fiscal spending would provide the necessary boost to the economy. • Traders will continue to remain on edge due to concerns of further escalation in the Israel-Hamas conflict. • On the economic data front, it will be a packed week with market attention focused on the US labor report, major central bank meetings and final PMI figures.Find out in our commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.#commoditymarkets #commodities #commoditytrading #stockmarket #kotaksecurities #technicalanalysis #podcast
Highlights of 30th October Fundamental Weekly Podcast:- Both Nifty and Sensex declined ~2.5%- The sell-off was more intense in smaller companies, with Nifty Midcap Index declining 3% and BSE Smallcap Index declining 2%- FIIs continue to be a net cash seller to the tune of Rs.25,098.6 crores, to date in Oct’23.- PICK OF THE WEEK – TCS - TARGET - Rs 3760- TCS reported weak qoq growth of 0.1% in c/c, a tad lower than expectations. - The near-term outlook is weak and disappointing but does not dent hopes for a better FY2025.- We broadly maintain EPS estimates and cut revenue growth assumption (ex of BSNL deal).#KotakSecurities #Podcast #MarketUpdates #StockMarket #Stocks #weeklyfundamentalinsights
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.While USD/INR remains rangebound, this week promises trading opportunities in various INR crosses due to significant events on the horizon.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,100 will be a major resistance level for the day, whereas Nifty 18,800 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, and Bank Nifty.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but volatility and trading opportunities can be there in Rupee crosses like EURINR, GBPINR and JPYINR.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 18,930 will be a major resistance level for the day, whereas Nifty 18,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Auto stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #autostocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR can see some upmove due to spike in the US bond yields and risk off sentiments. But volatility remains higher in crosses#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,200 will be a major resistance level for the day, whereas Nifty 18,900 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Infra and Capital Good stocks#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #InfraStocks #CapitalGoods
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.Rupee can strengthen at the open due to a sharp fall in the US bond yields but upside remains limited.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,500 will be a major resistance level for the day, whereas Nifty 19,200 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and Capital Good stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #BFSIStocks #CapitalGoods
Commodity Market Analysis and Outlook - 23rd - 27th October, 2023:• The Israel-Hamas conflict has been dominating headlines, causing significant upheaval in global markets.• Amid this turmoil, the U.S. dollar managed to remain above the 106 level, although it faced pressure after recent comments from Fed Chair Powell were perceived as dovish.• In terms of economic data, US retail sales advanced by 0.7% in Sept. 2023, manufacturing production rose by 0.4%, and industrial production increased by 0.3% in September, surpassing expectations.• Notably, the robust economic data pushed the yield on US 10-year notes to a 16-year high of 5.001%.• In the commodities market, COMEX Gold saw a 2.43% weekly gain as the escalation of the Israel-Hamas conflict heightened the demand for safe-haven assets. It briefly tested the crucial $2000 per troy ounce mark for the first time in nearly three months.• In our last week’s audiocast, we anticipated the potential for gold to reach $2000 per troy ounce, conditional on surpassing the $1968 resistance. This projection materialized as gold prices reached as high as $2009 per troy ounce, a level not seen since July 2023.• WTI Crude oil experienced a slight corrective dip at the end of the week, with gains of less than 1% on a weekly basis. Oil prices briefly tested $90 per barrel amid concerns of supply disruptions, stemming from worries that the conflict might expand to other states in the Middle East, including Iran.• LME base metals remained under pressure, extending their decline for a third consecutive week. This was primarily due to global risk-off sentiments and the ongoing property market crisis in China.• Looking ahead to the coming week, market attention will be directed at Western flash PMIs, the ECB policy meeting, U.S. Q3 GDP figures, and the PCE price index.• Meanwhile, the Israel-Hamas conflict remains in the spotlight, with any escalation holding significant implications for global markets.Find out in our commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.#commoditymarkets #commodities #commoditytrading #stockmarket #kotaksecurities #technicalanalysis #podcast
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,850 will be a major resistance level for the day, whereas Nifty 19,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #NiftyITIndex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but action is there in the cross INR.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Highlights of 23rd October Fundamental Weekly Podcast- Both Sensex 30 and Nifty 50 trended lower, while BSE midcap index underperformed the larger indices (Sensex30, Nifty50) and BSE smallcap index returns were flat.- In Equity markets, globally and in India will continue to react to the geo-political challenges, crude oil price and bond yield movement.- Flls continue to be a net cash seller to the tune of Rs. 13,867.93 crores, to date in Oct'23.- PICK OF THE WEEK – HDFC Life - TARGET - Rs 830- Gaining back counter share, margins almost stable HDFC Life reported 4% VNB Growth in 2QFY24 driven by a 7% higher APE- VNB compression was marginal despite the large product shift to ULIPs due to growing protection and improved productivity in Exide Life- Concerted efforts to grow lower tickets, support from the parent bank, un-elevated margin base and higher efficiency keep us assertive #KotakSecurities #Podcast #MarketUpdates #StockMarket #Stocks #weeklyfundamentalinsights
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,735 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, FMCG, Commodities and Auto stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #commoditystocks #autostocks #FMCGStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but due to global backdrop bias remains upward#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,850 will be a major resistance level for the day, whereas Nifty 19,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Commodities and Auto stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #commoditystocks #autostocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.Rising US treasury bond yields are a negative for Rupee.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,850 will be a major resistance level for the day, whereas Nifty 19,775 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Cement and Auto stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #cementstocks #autostocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound with an upward bias. Volatility can be seen in cross INR pairs#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,805 will be a major resistance level for the day, whereas Nifty 19,690 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Realty and Metal stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #realtystocks #metalstocks #Realty #Metal
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but bias remains upward due to global cues. Keep an eye on GBPINR as jobs report will be released.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Highlights of this week's Commodity Podcast:• Financial markets experienced a roller coaster ride over the past week, with several factors influencing investor sentiment.• The escalation of the conflict between Israel and Hamas had a significant impact on market dynamics, causing fluctuations in various asset classes.• Volatility heightened, particularly in the latter part of the week, when an unexpected increase in the US Consumer Price Index (CPI) raised concerns about the Federal Reserve's interest rate policies.• The US dollar experienced a pullback from its recent ten-month high of 107.35, but it managed to rebound as a result of better-than-expected economic data and the risk-off sentiment prevailing in the global markets.• COMEX Gold prices made significant gains, marking a weekly increase of approximately 3%. This surge, the most substantial since March, was driven by safe-haven buying amid the worsening conflict between Israel and Hamas. Silver also benefited from these safe-haven flows, with its prices rising by around 5%.• WTI Crude oil experienced a weekly closure with more than a 5% gain, largely attributed to Israel's military directive to the United Nations, calling for the evacuation of 1.1 million residents in North Gaza within a tight 24-hour timeframe.• In contrast, LME base metals extended their recent declines, influenced by a combination of factors.• Looking ahead to the upcoming week, financial markets will closely watch a series of speeches by Federal Reserve officials, with particular attention on the remarks of Fed Chair Jerome Powell. In addition, the release of US Retail Sales and Industrial Production data will provide insights into the domestic economic landscape.• Considering the ongoing geopolitical tensions in the Middle East and the diminishing prospects of another Federal Reserve rate hike, the prices of precious metals are expected to remain well-supported in the short term, driven by safe-haven buying• A similar dynamic could be observed in the case of Crude oil, which might experience a swift surge if the Middle East conflict escalates.• Nevertheless, market participants should exercise caution, as the current premiums associated with precious metals and crude oil are vulnerable to erosion in the event of a resolution or de-escalation in geopolitical tensions.Find out in our commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.#commoditymarkets #commodities #commoditytrading #stockmarket #kotaksecurities #technicalanalysis #podcast
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,630 will be a major resistance level for the day, whereas Nifty 19,570 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #NiftyITIndex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR spot remains rangebound but bias remains upward, as geo political tensions drive asset prices globally.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Highlights of 16th October Fundamental Weekly Podcast:- Benchmark indices like Sensex and Nifty and the BSE Midcap and the BSE Smallcap indices saw gains. - BSE Realty, BSE Metals and BSE Energy posted healthy gains during the week.- In India, the September CPI inflation moderated to 5% (from 6.8% in August) and the IIP for August increased to 10.3% from an upwardly revised print of 6% in July.- FIIs continue to be a net cash seller to the tune of Rs. 10,929.65 crores, to date in Oct’23. - PICK OF THE WEEK – CMS Info - TARGET - Rs 419-The company will be a key beneficiary of industry tailwinds like:1) Rising growth in organized retail2) Opportunities in brown label ATMs (~1 lakh ATMs will shift from bank capex to Brown label ATMs)3) Fresh opportunities in Deep Tech AI and IoT solutions (60%+ ATMs and bank branches need AIoT, ~40% need newer technologies)#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #CMSInfo
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR is expected to remain flat but with an upward bias due to global cues#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,900 will be a major resistance level for the day, whereas Nifty 19,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #ITStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but may slowly drift lower due to risk on mood in global markets#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 19,880 will be a major resistance level for the day, whereas Nifty 19,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Cement and Auto stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #CementStocks #AutoStocks #cement #auto
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR can be under mild downward pressure due to improvement in global risk appetite and softness in the US bond yields. In cross INR, we could see some rally in the pairs.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,800 will be a major resistance level for the day, whereas Nifty 19,650 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Realty, Metal and Private Bank stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #MetalStocks #RealtyStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but volatility can be seen in the Rupee crosses#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,605 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #ITStocks
Highlights of this week's Commodity Podcast:• Elevated bond yields and the enduring strength of the U.S. dollar continued to exert downward pressure on commodities last week.• On the economic data front, the U.S. ISM Manufacturing PMI for September showed positive trends, while ISM Services growth remained robust. Nonfarm Payroll data pleasantly surprised by exceeding expectations.• These factors underscore the U.S. economy's resilience to interest rate hikes and reinforce the Federal Reserve's commitment to maintaining higher interest rates for an extended period.• Gold prices experienced a second consecutive weekly fall as 10-year bond yields surged past 4.8%. Silver too witnessed a decline, reaching its lowest point since March 2023.• Market attention is expected to shift towards the U.S. Consumer Price Index (CPI) data, and geopolitical risk in the middle east might lend support.• WTI Crude oil futures recently posted their most substantial weekly loss since March, experiencing an 8.77% decline over the past five trading sessions.• Over the weekend, a significant development occurred with an attack on Israel by Hamas. This event has shifted market attention toward the potential involvement of Iran in the attacks.• Should Iran's role be substantiated, it could introduce imminent downside risks to Iran's oil supply and exports, potentially leading to further supply constraints in the global oil market.• Weakness in base metals persisted, with some signs of recovery observed on the last trading day of the week. • The upcoming week will be closely watched for the U.S. inflation print for September. Traders will closely monitor the release of the FOMC minutes and speeches by various Federal Reserve officials to gain insights into the central bank's monetary policy.Find out in our commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.#commoditymarkets #commodities #commoditytrading #stockmarket #kotaksecurities #technicalanalysis #podcast
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound within a narrow range even though the geopolitical tensions rise in West Asia.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,770 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Large-cap stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #LargeCapStocks
Highlights of 9th October Fundamental Weekly Podcast- Both Nifty and Sensex were flat to marginal positive whereas Nifty Midcap Index lost around 0.7% and BSE SmallCap Index gained around 0.6%.- Indian equity markets remained concerned about slowdown, higher interest rates and valuation.- FIIs continue to be a net cash seller to the tune of Rs. 8,413 crores, to date in Oct’23.- PICK OF THE WEEK – Indigo - TARGET - Rs 3400-International is where the battle is being fought An assessment of 1QFY24 versus the Pre-Covid 1QFY20 quarter reflects the extent to which international is reflecting in the business and strategy of Indian carriers- IndiGo has made meaningful market share gains in international and is strategically well-placed to make incremental gains.#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #Indigo
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,550 will be a major resistance level for the day, whereas Nifty 19,300 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Auto, FMCG and Cement stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #FMCGStocks #CementStocks #FMCG #Cement #AutoStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR can see some selling today due to positive global cues. In crosses we can see a rally due to softer dollar Index#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,580 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, NBFC and Cement stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #NBFCStocks #CementStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound with an upward bias. But Rupee can trade strong against Euro, GBP and JPY#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,750 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, NBFC and Cement stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #NBFCStocks #CementStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but with an upward bias. Action is on the cross INR, where trend remains downward due to strong US Dollar Index and flat USDINR.#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
- Both Nifty and Sensex were flat- BSE Midcap Index gained around 0.9% while BSE SmallCap Index gained 1.97%- Flls continue to be a net cash seller to the tune of Rs. 25,006 crores, to date in Sep'23- FPI flows are expected to remain volatile- PICK OF THE WEEK – PVR - TARGET - Rs 1850- We expect PVR INOX's occupancy to settle at 29-30% (earlier estimate: 28-29%) versus 25.2%/31-32% in FY2023E/pre-pandemic- We raise Fy2024-26 EBITDA estimates by 5-24% and FV to Rs1,850 (Rs1,600 earlier), valuing PVR INOX at 12.5X EV/EBITDA versus 11.5X earlier#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #PVR
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR can continue to see rangebound movement. In cross INR, upside can be seen in Euro and GBP.#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,650 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and PSU Bank stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #stockstowatchkotak #PSUBankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but upside risks rising#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,750 will be a major resistance level for the day, whereas Nifty 19,550 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Pharma and Auto stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #PharmaStocks #AutoStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but risk of an upmove is increasing due to global cues#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,750 will be a major resistance level for the day, whereas Nifty 19,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #ITStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but with an upward bias due to global cues#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,750 will be a major resistance level for the day, whereas Nifty 19,500 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Power and Cement stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #CementStocks #PowerStocks
Highlights of this week's Commodity Podcast:• As predicted in our audiocast last week, we witnessed some notable movements in the commodities market. • Silver rallied impressively, gaining around 2.20%, while NYMEX WTI crude oil reached a new high, finding strong support at the $88 per barrel mark.• Market sentiments faced a significant challenge as the Federal Reserve, in its September policy meeting, reiterated its commitment to maintaining "higher for longer" interest rates.• COMEX Gold faced a decline, touching a one-week low at $1933.1/oz. In contrast, silver extended its gains and traded near $24 per troy ounce, buoyed by increased holdings in iShares.• WTI Crude oil, it experienced its first weekly decline in four weeks, primarily due to the prospects of further rate hikes in the US, which weighed on risk appetite.• Meanwhile, LME base metals faced substantial pressure as the US dollar surged to a fresh six-month high of 105.73.• In terms of the US dollar, it's currently trading close to its highs from March 2023, hovering around 105.80. While this level may pose as a resistance point, any signs of continued strength in the US economy, could lend support to the dollar.• For the week, the market focus will also be on critical economic indicators such as the US PCE price index, personal spending data, and the final estimate of Q2 US GDP.• Lastly, it's essential to keep a close watch on China's economic landscape.Find out in our commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.#KotakSecurities #CommodityMarket #commoditytrading #gold #Silver #CrudeOil #BaseMetals #trading #investing
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound between 82.80 and 83.25 on spot, due to lack of major triggers.#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,900 will be a major resistance level for the day, whereas Nifty 19,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Railway and Metal stocks.#kotaksecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #MetalStocks
Highlights of 24th September Fundamental Weekly Podcast- Nifty 50 Index and Sensex 30 Index declined while sensex mid-cap and small-cap indices also ended in negative territory.- BSE Commodities, BSE Healthcare, BSE Metals and BSE Realty ended with negative returns of close to 3%.- Flls continue to be a net seller to the tune of Rs. 16.934.65 crores, to date in Sep'23.- Markets reacted negatively to the US Fed's hawkish stance on interest rates as they increased the Fed Funds rate projections for 2024-25.- PICK OF THE WEEK – SBI - TARGET - Rs 725- Loan growth is getting broad-based- NIM outlook looks comfortable to be held at current levels- Asset quality is holding up well leading to lower credit costs and- Focus would be on retaining return ratios closer to current levelsAPN: SBI among top stock picksFIIs net sellersYour weekly market outlook is here. Tune in to form your trading strategy
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.News of inclusion of Indian Rupee in global bond index is quite positive and can lead to Rupee Appreciation#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 20,000 will be a major resistance level for the day, whereas Nifty 19,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#kotaksecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyITIndex #NiftyIT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR is in uptrend due to hawkish Fed. Today keep an eye on GBPINR as BOE takes the stage#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 20,000 will be a major resistance level for the day, whereas Nifty 19,850 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and NBFC stocks.#kotaksecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NBFC #NBFCStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR can continue to drift upwards due to global cues#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 20,200 will be a major resistance level for the day, whereas Nifty 19,900 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#kotaksecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyIT #NiftyITIndex
Highlights of this week's Commodity Podcast:• In the past week, we witnessed some exciting developments in the commodities market. WTI Crude oil, for instance, crossed the significant $90 mark, and towards the week's end, we observed a notable short-covering rally in precious metals• Global markets also experienced a boost, thanks to proactive efforts by Chinese regulators to stimulate domestic consumption. However, the persistent pressure of US inflation somewhat limited gains across various sectors• In the US, the annual inflation rate continued to accelerate for the second consecutive month, reaching 3.7% in August, up from 3.2% in July. Conversely, core inflation moderated for the fifth straight month, settling at 4.3%, aligning with market forecasts• COMEX Gold exhibited some resilience after initially dipping to $1921.70 per troy ounce. Concerns about another potential interest rate hike by the Federal Reserve were sparked by the latest US data. Conversely, Silver experienced positive momentum, benefiting from a rally in base metal prices and increased inflows in iShares holdings• The persistent focus on containing inflation and economic strength may serve as a short-term headwind for precious metal prices• In terms of technical analysis, silver spot prices in dollar terms displayed a bullish engulfing pattern, while MCX silver showcased a morning star candlestick formation near the 200 SMA support on the daily chart. Even Gold on MCX has formed a morning star pattern. Confirmation of the patterns might suggest price recovery in both the precious metals week• WTI Crude oil prices witnessed a significant surge, surpassing the $90 per barrel mark for the first time since November 2022. The ongoing trend appears to remain positive, contingent upon the critical level of $88 per barrel holding on a closing basis• LME base metals experienced some fluctuations during the week, influenced by a sharp rebound in the dollar and renewed concerns in property markets. Hopes of more stimulus from China might keep the metal prices supported• Looking ahead to the current week, several central bank meetings are lined up, with the Federal Reserve, Bank of England, and Bank of Japan taking centre stage. Additionally, we'll closely monitor flash PMIs from the US and European economies#KotakSecurities #commoditymarkets #commodities #commoditytrading #stockmarket #kotaksecurities #technicalanalysis #podcast
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR may remain rangebound today offering trading opportunities to tick traders or scalpers#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 20,300 will be a major resistance level for the day, whereas Nifty 20,000 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Metal stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #MetalStocks
Highlights of 17th September Fundamental Weekly Podcast:- Large indices like BSE-30 and NSE-50 gave weekly return of close to 1%. - Indian mid-cap and small-cap indices outperformed the large-cap index while BSE Metals and BSE Realty indices saw weekly gain in excess of 5%.- Flls continue to be a net seller to the tune of Rs 9580 crores, to date in Aug'23..- India's real GDP growth in Q1FY24 came in at 7.8%.- PICK OF THE WEEK – NCC - TARGET - Rs 175- NCC reported strong execution with robust order inflows in the quarter.- Standalone net revenue/EBITDA/PAT grew 29.7%/35.3%/64% YoY respectively. - The company secured ~Rs 8154 cr of average value ~Rs 679 cr. - We raise earnings estimates in the range of 4-9% for FY24-25E factoring in strong Q1FY24 results, robust order backlog and positive outlook. #KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #NCC
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 20,110 will be a major resistance level for the day, whereas Nifty 19,900 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and PSU Bank stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #PSUBanks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR to remain rangebound due to lack of fresh triggers. Keep an eye on EURINR as ECB policy outcome can trigger volatility over the near term.#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 20,070 will be a major resistance level for the day, whereas Nifty 19,900 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT #ITStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but we are seeing higher volatility in Euro, GBP and JPY pairs#KotakSecurities #Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but volatility can be seen in GBPINR due to release of UK jobs data close to noon.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 20,185 will be a major resistance level for the day, whereas Nifty 19,850 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, FMCG and PSU Bank stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #FMCG #FMCGStocks #PSUBanks #PSUBankStocks
Highlights of this week's Commodity Podcast:• Last week, the attention returned to China's real estate troubles and increasing bets on more Fed rate hikes.• The US dollar index surged to a six-month high, reaching 105 levels.• The US 10-year treasury note yield edged closer to 4.3%, supported by a surprising drop in US weekly jobless claims to their lowest point since February.• COMEX Gold prices faced downward pressure throughout the week, driven by encouraging US economic data. COMEX Silver also saw a 5.50% decline during the week.• Worries about rising inflation may continue to bolster the US dollar, potentially exerting further downward pressure on gold prices in the week. However, there could be some short covering ahead of the US CPI release.• LME base metals experienced declines ranging from 1% to 4% during the week, weighed down by weak Chinese data and a strengthening dollar. • WTI Crude oil posted a weekly gain of approximately 1.30%, reaching a 10-month high at $88.08/bbl, despite macroeconomic challenges. This increase came as OPEC+ heavyweights Saudi Arabia and Russia both extended their voluntary supply cuts.• In terms of price action, NYMEX Crude oil finally breached the multi-resistance level at $85/bbl and has sustained its position above it. Now, bullish traders may have their sights set on the $90/bbl mark, provided that the $83.80/bbl support holds.• Looking ahead, the upcoming week will bring a focus on US inflation figures, retail sales data, the ECB monetary policy meeting, and a range of Chinese economic data releases.Find out in our commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.#commoditymarkets #commodities #commoditytrading #stockmarket #kotaksecurities #technicalanalysis #podcast
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.UUSDINR can see follow through selling on the back of strength in the Asian currencies against USD.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 19,950 will be a major resistance level for the day, whereas Nifty 19,650 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Railway and PSU Bank stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #PSUBank #PSUBankStocks #RailwayStocks
Highlights of 10th September Fundamental Weekly Podcast:- Nifty & Sensex gained around 2% while Mid-cap and Small-cap indices continued to outperform the large-cap index.- Indian equity markets remain concerned about growth slowdown, higher interest rates and valuation even as inflation (especially food inflation) remains elevated both globally and domestically.- Flls continue to be a net seller to the tune of Rs.8,833 crores, to date in Sep'23.- GST collections for July (collected in August) were 10.8% yoy higher at Rs1.59 tn (June: Rs1.65 tn).- PICK OF THE WEEK – Canara Bank - TARGET - Rs 400- Return ratios are holding up well, Canara Bank reported ~75% YoY earnings growth driven by ~15% YoY growth in operating profit and ~25% YoY decline in provisions. - Asset quality improvement continued as NPL ratios declined and slippages were at a modest level. - Loan growth was healthy (13% yoy, 3% qoq) while NIM was flat qoq. - The bank reported another quarter of greater than 1% RoA and ~19% RoE led by further decline in credit cost.#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #CanaraBank
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR could remain rangebound with an upward bias. Global cues are supportive but central bank intervention can cap upside#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,800 will be a major resistance level for the day, whereas Nifty 19,650 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Mid-cap and PSU Bank stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #PSUBank #PSUBankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains in uptrend thanks to the global cues of strong US Dollar and weaker equity markets#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,700 will be a major resistance level for the day, whereas Nifty 19,470 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and PSU Bank stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #PSUBank #PSUBankStocks
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,650 will be a major resistance level for the day, whereas Nifty 19,500 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and PSU Bank stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #PSUBank #PSUBankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remove well supported by global cues. We could see the pair drift higher towards the current all time high#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,650 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Cement stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Cement #CementStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR can see some up move today due to weakness in the Chinese currency#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Highlights of this week's Commodity Podcast:• Last week witnessed a notable shift in market sentiments, suggesting that traders are beginning to see signs of improvement• The impact of the Federal Reserve's tightening measures appears to be taking shape, and the rollout of fresh stimulus measures in China has captured the attention of investors• The eagerly anticipated US Nonfarm Payrolls report pointed to a labor market that remains tight, supporting a recovery in the US dollar from lower levels• COMEX Gold surged to a three-week high of $1980.2 per troy ounce as the dollar initially slipped to 102.93, and US 10-year yields extended their pullback from 16-year highs• In terms of investment demand, holdings in the SPDR gold ETF rose from 884.04 tonnes in the previous week to 890.1 tonnes as of August 31st• Crude oil prices ended a two-week losing streak, posting their most significant weekly gain since April, with a 7.5% increase. This rally was attributed to Russia's indication that it would extend export curbs, along with a massive draw of 10.6 million barrels in US crude oil inventories• Base metals also experienced a sharp rally as investors assessed China's latest stimulus measures• Looking ahead to the coming week, the focus will be on the US ISM Services PMI. Subsequently, US CPI and Retail Sales data will be released, which are three major indicators that could impact Fed policy expectations for the September meeting. China's plan of action to boost its economy may dictate market directionFind out in our commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.
Highlights of 4th September Fundamental Weekly Podcast:- BSE-30 and NSE-50 gave weekly return of close to 1% while Indian mid-cap and small-cap indices outperformed the large-cap index.- BSE Metals and BSE Realty indices saw weekly gain in excess of 5%.- Flls continue to be a net seller to the tune of Rs. 20,621 crores, to date in Aug'23.- India's real GDP growth in Q1FY24 came in at 7.8%.- PICK OF THE WEEK – Cyient - TARGET - Rs 1950- We initiate coverage on with a BUY rating and SoT P based Fair Value of Rs1,950 (~19% upside).- We forecast c/c organic revenue CAGR of 10.1% over FY2023- 26E for DET as compared to 9.4% from FY2021- 23.- Valuations are reasonable at 19X FY2025E PE and at ~40- 60% discount to peers.#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #Cyient
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,675 will be a major resistance level for the day, whereas Nifty 19,325 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Power and PSU Bank stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR is likely to be rangebound but global cues are marginally positive for the Rupee.#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR may remain rangebound due to lack of fresh triggers.#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 19,320 will be a major resistance level for the day, whereas Nifty 19,180 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Auto and Finance stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #AutoStocks #FinanceStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR continues to be rangebound, inspite of the fact that US Dollar Index remains weak. We could see more trading opportunities in EURINR and GBPINR futures.#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,400 will be a major resistance level for the day, whereas Nifty 19,330 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Power and Railway stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #PowerStocks #RailwayStocks
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,400 will be a major resistance level for the day, whereas Nifty 19,280 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal, Chemicals and IT stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Metal #MetalStocks #ChemicalStocks #Chemical #ITStocks #IT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR is likely to remain rangebound but we can see a little more volatility in crosses#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound with a downward bias as risk on mood drives dollar lower.#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,400 will be a major resistance level for the day, whereas Nifty 19,220 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and FMCG stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #FMCG
Highlights of this week's Commodity Podcast:1. In a much-anticipated address at the Jackson Hole symposium, Federal Reserve Chair Jerome Powell acknowledged the progress made in mitigating inflation from its peak last year 2. He also emphasized that inflation remained "too high," suggesting that interest rates could remain elevated for an extended period, leaving room for additional rate hikes 3. As expected, Powell highlighted that economic growth and labor market conditions would be closely monitored when making policy decisions 4. After reaching to 2007 highs US Treasury yields retreated following softer-than-expected PMI data, prompting a resurgence in gold prices, which saw a weekly gain for the first time in four weeks 5. COMEX Silver also closed the week with a notable gain of 6.51%, boosted by rises in both gold and industrial metals, although investment demand in bullion remained subdued. However, strong central bank purchases have consistently supported global gold demand in recent quarters 6. Meanwhile, LME base metals posted decent gains this week, driven by China's efforts to stabilize its local currency and reports of China planning steps to enhance funding for construction and infrastructure projects 7. Conversely, WTI crude oil prices traded below $80 per barrel, marking a second consecutive weekly decline. This decline was influenced by signs of easing supply tightness concerns, improved US relations with sanctioned oil producers Iran and Venezuela, and growing demand risks in China and the US 8. Looking ahead, volatility is expected to persist as the United States gears up for a busy week, with investors closely monitoring the labor report, the PCE price index, ISM Manufacturing PMI, and the second estimate of Q2 GDP growth 9. Additionally, market attention will be on China's latest rollout of mortgage easing measures aimed at providing relief to the stressed residential property market and whether they meet market expectations
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,350 will be a major resistance level for the day, whereas Nifty 19,230 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and Metal stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #MetalStocks #Metal
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR may remain rangebound with a slight downward drift due to risk on mood and soft US Dollar Index.#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,500 will be a major resistance level for the day, whereas Nifty 19,300 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and Mining stocks. #KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #ITIndex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may remain rangebound ahead of the US Fed chairpersons speech at Jackson Hole tonight #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,520 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, Defence and Mining stocks. #KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #ITIndex #Mining
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Rupee remains strong thanks to pullback in US Dollar Index and also lumpy corporate inflows. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR is expected to be range bound between 82.85 and 83.25 on spot. In crosses, volatility can be seen post release of August PMIs #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,450 will be a major resistance level for the day, whereas Nifty 19,300 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and Railway stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #ITIndex #RailwayStocks #Railways
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,400 will be a major resistance level for the day, whereas Nifty 19,250 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and Textile stocks.Nifty 19,400 a major resistance levelNifty 19,250 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index and Textile stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR remains stuck between critical levels as trader eye for direction from global markets #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Highlights of 21st August Fundamental Weekly Podcast:- Sensex and Nifty declined while BSE Mid-cap and BSE Small-cap indices saw some corrections.- India's CPI inflation in July 2023 surged to 7.4% (from 4.8%in June 2023), due to high vegetable prices.- Flls continue to be a net seller to the tune of Rs. 10,925 crores, to date in Aug'23.- Q1FY24 results showed weakness in consumption demand; however, investment demand continues to be strong.- PICK OF THE WEEK – ASTER DM - TARGET - Rs 350- Aster DM posted yet another healthy performance in 1QFY24.- Though Aster DM has shortlisted a bidder for the long-awaited GCC stake sale, the deal is yet to be finalized.- Aster DM to report a healthy EBITDA CAGR of 17%over FY2023-26E.#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #ASTERDM
Highlights of this week's Commodity Podcast: 1. Market sentiment has taken a cautious turn, driven by a more guarded Federal Reserve and notable economic slowdown in China 2. The minutes from the Fed's July meeting revealed concerns about inflation and the potential need for further policy tightening 3. Additionally, Fitch Ratings has issued warnings of possible downgrades for major US banks and is revaluating China's sovereign credit rating, which has remained at A+ since 2007 4. These factors have contributed to the continuous ascent of US Treasury yields and the dollar index, both of which have seen five consecutive weeks of gains 5. The robust US dollar, coupled with soaring US 10-year Treasury yields, has pushed COMEX Gold to its lowest point since early June 6. In terms of price action, COMEX Gold is currently trading near the 200-day moving average (DMA) support at around $1908 per ounce. If this 200 DMA support holds, there might be potential for short-covering in the market 7. Crude oil's seven-week winning streak came to an end, and base metals extended losses for the second consecutive week 8. The People's Bank of China lowered its 1-year loan prime rate (LPR) by 10 basis points to a record low of 3.45%. Consequently, NYMEX oil rose above $81 per barrel early today, marking its 3rd consecutive session of gains 9. Looking ahead to the upcoming week, all eyes will be on flash manufacturing PMI figures from Western economies and the Jackson Hole Economic Symposium
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,400 will be a major resistance level for the day, whereas Nifty 19,250 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #ITStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR maintains its upward bias due to the rising US yields and Chinese troubles #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,500 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, PSU Bank, and Infra stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #InfraStocks #PSUBanks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR is expected to open near the previous all time high and trade with an upward bias#Currency #CurrencyTrading #USDINR #Dollar #Rupee #fore
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,560 will be a major resistance level for the day, whereas Nifty 19,250 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal, and Cement stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #MetalStocks #CementStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR is critically poised. Bias remains upward due to the strong US dollar index and weak Chinese currency. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR remains rangebound due to lack of dominant triggers. In cross currency, JPYINR can see more downside #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #JPYINR
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,650 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal, Pharma, and IT stocks.Nifty 19,650 a major resistance levelNifty 19,400 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, Metal, Pharma, and IT stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.RBI policy may spark potential USDINR volatility, while crosses await US CPI inflation report.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,730 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal, PSU and Cement stocks.Nifty 19,730 a major resistance levelNifty 19,400 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, Metal, PSU, and Cement stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR is unable to break past the key resistance zone near 83.00. Keep an eye on the USDCNH as a possible trigger.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR faces stiff resistance near 83.00 levels. Weak Chinese currency can push USDINR higher towards resistance.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,635 will be a major resistance level for the day, whereas Nifty 19,500 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, PSU, Pharma and Power stocks.Nifty 19,635 a major resistance levelNifty 19,500 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, PSU, Pharma and Power stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,725 a key resistance level; 45,050 a key level for Bank Nifty Nifty 19,725 will be a major resistance level for the day, whereas Nifty 19,500 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.Nifty 19,725 a major resistance levelNifty 19,500 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,450 will be a major resistance level for the day, whereas Nifty 19,250 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT, Cement and Pharma stocks.Nifty 19,450 a major resistance levelNifty 19,250 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, IT, Cement and Pharma stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee."USDINR Approaches Multi-Month Range's Upper Limit: Traders Urged to Exercise Caution with Long Positions | All Eyes on US Jobs Report Today!"#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR is expected to move higher but the upside remains capped near 83 levels.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,550 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Power and Pharma stocks.Nifty 19,550 a major resistance levelNifty 19,400 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, Power and Pharma stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 19,800 will be a major resistance level for the day, whereas Nifty 19,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and IT stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #ITStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Rating downgrade of US is having a marginal negative impact on risk assets and that is driving USDINR higher. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #GBPINR
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 19,800 will be a major resistance level for the day, whereas Nifty 19,680 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal, Infra and Capital Good stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #MetalStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR may see some upside due to mild FPI outflows and stronger US Dollar Index. In crosses, keep an eye on JPYINR, which has weakened considerably after BOJ's disappointment.#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #GBPINR
Commodity Market Analysis and Outlook - 31st July - 04th August, 20231. It has been a roller-coaster ride in the markets last week, with volatility gripping the scene due to uncertainty surrounding the Federal Reserve's next policy move.2. As widely expected, the Federal Reserve raised interest rates by 25 basis points, marking the highest rate level since 2001, now ranging from 5.25% to 5.5%.3. Despite this dovish sentiment, positive US economic data indicated persistent price pressures, leaving room for the possibility of additional rate hikes and leading to a remarkable rebound in the Dollar Index to 102 levels.4. COMEX Gold slipped from its high to a two-week low due to positive US data strengthening the Dollar and treasury yields.5. LME base metals held onto gains, fuelled by hopes of China cutting interest rates, issuing infrastructure bonds, and easing property policies. Among the metals, zinc emerged as a favourite bet.6. Crude oil prices continued their upward momentum for the fifth consecutive week. The momentum indicates a potential target at $82.50, a significant resistance level worth observing.7. As we move forward, all eyes are on China, as investors eagerly await concrete measures to support its ailing property sector.8. In the week , our radar will focus on key events such as China's PMI, the U.S. labor report, and the Bank of England's monetary policy decision.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,800 will be a major resistance level for the day, whereas Nifty 19,580 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and PSU Bank stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #PSUBank #BankStocks #Bank
Highlights of 31st July Fundamental Weekly Podcast- Nifty 50 and Sensex 30 index made new highs.- Both Nifty and Sensex lost around 1% while Mid-cap and Small-cap indices outperformed the large-cap index.- Flls continue to be a net buyer to the tune of Rs. 14623 crores, to date in July'23.- On the economy front, the US Fed increased its Federal Funds rate by 25 bps, while suggesting that future rate trajectory will be data dependent. - Given the high inflation, FPI flow is expected to remain volatile.- PICK OF THE WEEK – Canara Bank - TARGET - Rs 400BUY- Canara Bank reported ~75% YOY earnings growth driven by ~15% YOY growth in operating profit and ~25% YOY decline in provisions. - Asset quality improvement continued as NPL ratios declined and slippages were at a modest level. Loan growth was healthy (13% yoy, 3% qoq) while NIM was flat qoq.- The bank reported another quarter of >1% RoA and ~19% RoE led by further decline in credit cost.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR can see rangebound price action ahead of the US jobs report. In crosses, GBPINR will be in focus this week due to BOE.#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #GBPINR
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,800 will be a major resistance level for the day, whereas Nifty 19,580 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Pharma and Real estate stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #RealEstate #Pharma #PharmaStocks #RealEstateStoc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR may remain rangebound between 81.80 and 82.20 as Fed's move was widely expected. Focus remains on EURINR due to ECB meeting tonight#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #EURINR #ECBmeeting
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk PodcastNifty 19,850 will be a major resistance level for the day, whereas Nifty 19,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and Commodity stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Metal #Commodity #MetalStocks #CommodityStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR is likely to remain rangebound ahead of the US Fed meeting tonight #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #USFedMeeting #USFed
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 19,750 will be a major resistance level for the day, whereas Nifty 19,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and Commodity stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Metal #Commodity #MetalStocks #CommodityStocks
oin Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,800 will be a major resistance level for the day, whereas Nifty 19,650 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Infra and NBFC stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NBFC #Infra #NBFCStocks #InfraStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.Rupee can strengthen on the back of inflows. Key level to watch 81.60#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #GBPINR
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,825 will be a major resistance level for the day, whereas Nifty 19,680 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyITIndex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR is expected to remain rangebound but volatility can be high in Rupee crosses due to Flash PMIs #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #GBPINR
Weekly Outlook: ICICIPRU among Top Stock Picks. FII Net Buyer Highlights of 24th July Fundamental Weekly Podcast- Nifty 50 and Sensex 30 index made new highs.- The BSE Midcap and BSE Smallcap index also gave positive returns.- BSE Bankex moved up by morethan 3% while BSE IT index under-perfomed.- Flls continue to be a net buyer to the tune of Rs. 17,698.66 crores, to date in July'23.- PICK OF THE WEEK – ICICIPRU - TARGET - Rs 675 BUY- ICICI Prudential Life reported a 7% decline in VNB owing to a 4% decline in APE and almost flat margins- June trends were encouraging; we remain optimistic with a constructive outlook.- Despite the runup, valuations are not very demanding; we retain a BUY with an FV of Rs675 (up from Rs610).
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 19,850 will be a major resistance level for the day, whereas Nifty 19,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyITIndex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR is going to be rangebound but volatility can increase in GBPINR as traders await the release of UK retail sales. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #GBPINR
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR is rangebound but GBPINR remains fully action packed. Day traders are advised to focus on GBPINR as more volatility is store ahead of Friday's UK job numbers. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #GBPINR
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 19,900 will be a major resistance level for the day, whereas Nifty 19,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyITIndex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 19,850 will be a major resistance level for the day, whereas Nifty 19,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.
KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyITIndex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may rise due to weak Chinese currency, while GBPINR could see high volatility on UK CPI release. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,800 will be a major resistance level for the day, whereas Nifty 19,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.Nifty 19,800 a major resistance levelNifty 19,600 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR can slowly drift lower due to weak US Dollar index. In crosses, like EURINR and GBPINR, bias remains upward.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Highlights of 17th July Fundamental Weekly Podcast:- Both Nifty and Sensex gained around 1.20%- Mid-cap and small-cap indices outperformed the large-cap index.- Major sectors had a positive session on a week-on week basis with Technology, Metals, Autos and Capital goods gaining the most.- Flls continue to be a net buyer to the tune of Rs. 14,582 crores, to date in July'23.- PICK OF THE WEEK – Cummins India - TARGET - Rs 2060AR2023 brings out key business metrics, breaking free from the tight pre-Covid range these businesses operated in:(1)20% higher powergen MW sales(2)25% higher exports(3)50% higher business per employee(4) 100% higher JV PAT. - The key forward-looking metric relates to exports, where the increase in the proposed quantum of sales transactions with Cummins UK suggests 20% growth for the portfolio.#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #CumminsIndia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,530 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyITIndex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR expected to find support above 81.90 due to potential central bank intervention and global risk-off sentiment favouring USD. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 19,570 will be a major resistance level for the day, whereas Nifty 19,350 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and Metal stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stock
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Even though USDINR can drift lower but high momentum trade opportunities in the Rupee crosses of EURINR, GBPINR and JPYINR #KotakSecurities #Currency #CurrencyTrading #USDINR #GBPINR #EURINR #JPYINR #Dollar #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR can remain under selling pressure due to Weak US Dollar Index #KotakSecurities #Currency #CurrencyTrading #USDINR #GBPINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,530 will be a major resistance level for the day, whereas Nifty 19,400 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, BFSI, and Metal stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyITIndex #BFSIStocks #MetalStocks #BFSI #Metal
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,530 will be a major resistance level for the day, whereas Nifty 19,250 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, NBFC and IT stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyITIndex #NBFC #IT #NBFCStocks #ITStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.Weak Dollar ahead of the US CPI release can push USDINR lower. In crosses, GBPINR can continue to march higher, due to higher than expected wage growth#KotakSecurities #Currency #CurrencyTrading #USDINR #GBPINR #Dollar #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR could see further downside today, possibly driven by a weaker US Dollar Index, strong Chinese currency and risk on mood in the equity markets.#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,435 will be a major resistance level for the day, whereas Nifty 19,300 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, Metal and Auto stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyITIndex #MetalStocks #AutoStocks #Metal #Auto
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 19,525 will be a major resistance level for the day, whereas Nifty 19,250 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, and IT stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyITIndex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.US Dollar under pressure after US added less than expected jobs in June. Focus will be on Rupee crosses like EURINR and GBPINR as those currencies are seeing strong bullish momentum#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Highlights of this week's Commodity Podcast:1. Dollar index traded as high as 103.57 in the initial part of last weak, while precious metals witnessed some sell off2. The rally was supported by strong US data that strengthened the case for Fed rate hikes3. Dollar, however, fell in the later part of the week with index ending the week in red by 0.64%4. COMEX Gold ended flat recovering from the earlier losses on Friday as weaker than expected U.S. jobs report triggered short covering5. Silver prices rose past $23 per ounce, extending their rebound from the three-month low of $22.2 touched on June 22nd6. Crude oil prices continued to rally and jumped to two weeks high of $72.4/bbl as supply cut announcement by major exporters Russia and Saudi were able to offset demand risk from higher interest rates7. LME base metals extended declines on renewed concerns regarding China’s property debt crisis8. In the week, the central stage will be taken by the U.S. Inflation print for June, followed by speeches from several Fed officials9. Any signs of elevated core inflation might continue to bolster the expectations for further rate hikes and lead to higher treasury yields
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.As volatility returns in USDINR and other currencies, traders rejoice#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,600 will be a major resistance level for the day, whereas Nifty 19,325 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may see further upmove on the back of hawkish Fed minutes. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,470 will be a major resistance level for the day, whereas Nifty 19,280 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR can continue to see rangebound movement due to a lack of fresh triggers. Focus on short-option strategies #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,500 will be a major resistance level for the day, whereas Nifty 19,280 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and IT stocks.Nifty 19,500 a major resistance levelNifty 19,280 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, and IT stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,435 will be a major resistance level for the day, whereas Nifty 19,180 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT Index, Metal and Cement stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Metal #Cement #NiftyIT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Global cues remain mixed but positive FPI flows can be supportive for the Rupee #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Highlights of this week's Commodity Podcast:1. The Dollar Index, that traded as high as 103.50, fell on Friday and closed the week flat gaining by just 0.05%2. Resilient economic data from the U.S. have defied fears of a recession, though it added more room for the Fed to continue with rate hikes3. The Fed's preferred inflation gauge rose 0.3% month-on-month, in line with forecasts and below 0.4% in April. 4. COMEX Gold witnessed a good recovery on Friday after hitting a low near $1900/oz in the midweek5. As compared to gold, silver has shown some steadiness as the recent fall was overdone. The white metal gained by around 1% on Friday whereas on weekly basis it was up by close to 3%6. The week would be very important for precious metals as the focus will be on U.S. Nonfarm Payrolls, FOMC Minutes, U.S. Manufacturing and Services ISMs7. Data print indicating strength in the U.S. economy might push up the dollar pulling the precious metals lower and vice versa8. Oil prices closed the week with 2% upside and closed the month with 3% gain, owing to some support from a substantially higher 9.6 million draw in U.S. inventories and more!
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 19,400 will be a major resistance level for the day, whereas Nifty 19,000 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.Volatility is expected to increase in USDINR over this week as US jobs and FOMC minutes are released.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Highlights of 2nd July Fundamental Weekly Podcast- Both Nifty and Sensex gained around 2.4%.- BSE Midcap Index gained around 2.6% while BSE SmallCap Index lost 6.4%.- Flls continue to be a net buyer to the tune of Rs. 27250 crores, to date in June'23.- Macro sentiments remained volatile as frailties in European and US banks were under focus.- PICK OF THE WEEK – MFSL TARGET - Rs 1060- Max Life remains comfortable on delivering mid-teen (ex-one off) APE growth in FY2024E, with a stable counter share at Axis Bank and higher growth in other channels. - While the share of non-par from a high base of 48% of APE will likely decline, annuities and terms will be drivers.Your weekly market outlook is here. Tune in to form your trading strategy.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 19,150 will be a major resistance level for the day, whereas Nifty 18,925 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT Index. #KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyITIndex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR is going to be rangebound with 82.00 as support and 82.30 as resistance.#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Volatility in USDINR has been compressed way too much. Risk of increase in volatility remains.#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,900 will be a major resistance level for the day, whereas Nifty 18,700 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT, Midcap IT and Metal Stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #NiftyIT #MidcapIT #MetalStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR is rangebound but a risk on mood in global markets can be positive for the INR. In crosses, GBPINR can trade with an upward bias #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #GBPINR
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,760 will be a major resistance level for the day, whereas Nifty 18,630 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT, Commodities and Auto Stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT #Commodity #Commodities #AutoStocks #Auto
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may remain rangebound but volatility can be seen in GBPINR and EURINR due to upcoming economic data and central bank speeches #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #GBPINR #EURINR #CentralBank
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,830 will be a major resistance level for the day, whereas Nifty 18,630 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT, and Metal Stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT #Metal
Highlights of 26th June Fundamental Weekly Podcast:- Sensex-30 index achieved a new lifetime high. - BSE Midcap and BSE Smallcap indices declined by ~0.5-1%.- BSE Commodities and BSE FMGC indices was down by~2-3% while BSE IT index was flat.- Flls continue to be a net buyer to the tune of Rs. 6888 crores, to date in June'23.- Global equity markets witnessed weakness over the past week, but Indian markets bucked the trend.- PICK OF THE WEEK – Sun Pharma TARGET - Rs 1150- SUNP'sFY2024 sales guidance of high single-digit growth is conservative.- Despite elevated R&D, we build in a 200 bps EBITDA margin expansion over FY2023-26E, led by improving profitability in specialty and better domestic productivity. We stay positive on SUNP.#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #SunPharma
Highlights of this week's Commodity Podcast:1. Risky assets softened last week as hawkish comments by major global central banks have intensified fears of an economic slowdown2. Fed chair Jerome Powell, in his testimony last week, emphasized the importance to fight inflation and stated nearly all FOMC participants expect that it will be appropriate to continue raising interest rates this year and perhaps two more times3. Dollar saw a sharp rebound from a low of 101.9 to 1034. Price action is indicating resistance near 103.40-103.60 zone for the Dollar Index5. COMEX Gold prices witnessed steepest weekly decline since January 2023, as major central banks keep hiking rates and markets are pushing back against rate cuts later this year. Silver prices tanked more than 7%6. Rising yields across the board raises the opportunity cost for holding the non-yielding bullions, which can be seen in the ETF activity7. Base Metals and Crude Oil were no exception as investors fear the efforts taken to cool down inflation may prove costly to economic growth, in turn affecting demand outlook8. On the price action front NYMEX crude oil continues to trade between $67/bbl -$74/bbl which is expected to continue until the range breaks on either side9. Natural gas is looking good for the week as price is breaking out of the symmetrical triangle10. For the week, speeches from major central bank chiefs, Fed’s preferred PCE price index, US Final GDP estimate and goods orders are the economic events to be watched for
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR could potentially stay within the range of 81.85 and 82.30, while crosses such as GBPINR and EURINR might experience increased volatility.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,900 will be a major resistance level for the day, whereas Nifty 18,650 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT, Auto and Metal Stocks.Nifty 18,900 a major resistance levelNifty 18,650 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, Nifty IT, Auto and Metal Stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.The USD/INR could experience a downward trend today due to positive market sentiment and a weaker US Dollar index. Attention will be directed towards GBPINR as the Bank of England discloses its monetary policy verdict later in the day.#KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 18,900 will be a major resistance level for the day, whereas Nifty 18,750 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT, and Metal Stocks. #KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT #Metal
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,888 will be a major resistance level for the day, whereas Nifty 18,650 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT index.Nifty 18,888 a major resistance levelNifty 18,650 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, and Nifty IT index.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR is expected to remain rangebound due to opposing impacts of strong $ inflows but weaker Asian currencies. In crosses, GBPINR will be in focus due to UK CPI.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR can remain rangebound but GBPINR options market is seeing brisk activity as we get closer to UK data tomorrow and day after #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,880 will be a major resistance level for the day, whereas Nifty 18,650 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT index.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT
Highlights of this week's Commodity Podcast:1. An eventful week with interesting developments relating to Fed hikes ended, weakening the dollar and supporting commodities2. Optimism regarding more stimulus measures from China also supported economically sensitive commodities3. The U.S. dollar slipped to one month low of 102 on the back of weak economic data from U.S. and hawkish ECB policy outcome4. Gold weakened post the FOMC meeting, as the Federal Reserve delivered a “hawkish skip", but it closed the week with modest declines. Spot Gold is expected to trade in a consolidated range of $1985-$19305. Spot silver might take resistance at $24.40. A break above might trigger a fresh rally in white metal6. Crude oil prices closed with 2% upside for the week while base metals rallied to more than one month highs6. WTI NYMEX Crude oil might continue to trade between $67-$747. MCX Copper might face resistance near 738 ( 200 Period MA) whereas Zinc might be supported by a bullish engulf candlestick formation on the weekly chart8. Market participants will be tracking Fed Chair Powell's testimony, U.S. Housing data and Flash Manufacturing PMIs
Highlights of 19th June Fundamental Weekly Podcast: - Sensex 30 and Nifty 50 gained ~1%. - BSE Realty, BSE Metals, BSE Healthcare and BSE FMGC indices were amongst the top performers. - On the domestic economy front, May 2023 CPI inflation at 4.25% surprised on the downside and trade deficit in May 2023 widened from April 2023 levels amid a sharp rise in non-oil imports. - Flls continue to be a net buyer to the tune of Rs. 6887 crores, to date in June'23. - PICK OF THE WEEK – Adani Ports TARGET - Rs 835 - ADSEZ reported in-line results adjusted for the Haifa consolidation. - It expects FY2024 to see healthy mid-teens growth and a material decline in net debt to EBITDA to 2.5X. #KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #AdaniPorts
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may slip into a range but traders may get high volatility in GBPINR due to UK inflation and BOE meeting #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,900 will be a major resistance level for the day, whereas Nifty 18,650 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Capital Goods, Engineering and Metal stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT #Metals #EngineeringStocks #MetalStocks #CapitalGoods
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,800 will be a major resistance level for the day, whereas Nifty 18,580 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT and Metal stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,780 will be a major resistance level for the day, whereas Nifty 18,690 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,780 will be a major resistance level for the day, whereas Nifty 18,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,650 will be a major resistance level for the day, whereas Nifty 18,500 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Capital Goods, Infra and Metal stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #CapitalGoods #Infra #MetalStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR is going to be rangebound ahead of US Fed meeting. We could see high volatility in GBPINR and EURINR #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 18,730 will be a major resistance level for the day, whereas Nifty 18,530 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Capital Goods, and Engineering stocks. #KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #BankNifty #Stocks #StocksToWatchKotak #Engineering #CapitalGoods
Commodity Market Analysis and Outlook - 12th June - 16th June, 20231. The U.S. Dollar failed to breach the important resistance level and was down almost 0.5% in the previous week.2. An unexpected surge in the U.S. jobless claims and weak U.S. ISM Services PMI added to the dollar’s weakness. Hawkish comments from ECB president further weighed on the greenback.3. COMEX Gold registered a second weekly gain as weak U.S. PMIs raised the odds of a Fed rate pause in the June FOMC meeting.4. Markets are now pricing in a 76% probability that the Fed will leave interest rates unchanged at the June FOMC meeting.5. On the price action front silver has formed an inverse HNS bullish pattern that might take prices beyond $25/oz. Gold is expected to trade between $1934/oz-$1986/oz.6. WTI Crude oil prices pared opening week gains to end the week down by more than 2%.7. On the price action front copper has moved out of the falling trend line indicating further bullishness in price. 8. The week will be very eventful in the U.S., with the Fed interest rate decision on June 14th, and inflation and retail sales print data taking the centre stage.9. Traders will also track the European Central Bank and Bank of Japan monetary policy meetings. APN:Gold registers second weekly gainFOMC & ECB monetary policy meetings in focusFind out in our commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.
Highlights of the 12th June Fundamental Weekly Podcast:- Both Nifty and Sensex gained around 0.16%.- BSE Midcap Index lost around 0.20% while the BSE SmallCap Index gained 0.45%. - On the economy front, the RBI MPC voted unanimously to hold the repo rate at 6.5% while remaining focused on the withdrawal of accommodation.- Flls continue to be a net buyer to the tune of Rs. 240 crores, to date in June'23.- PICK OF THE WEEK – Cochin Shipyard TARGET - Rs 590- It highlighted a healthy order backlog and strong order pipeline, comforting execution in FY2025. - Growing the European green short-sea vessel market and supportive policy for indigenization in India bode well for CSL. - Such a move to a more balanced defense: a non-defense business mix will lead to a sustainable margin.#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #CochinShipyard
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR may open lower tracking a weak Dollar index#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,800 will be a major resistance level for the day, whereas Nifty 18,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, PSU and Metal stocks.Nifty 18,800 a major resistance levelNifty 18,600 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, PSU and Metal stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may remains range bound but focus will be on RBI policy today #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,670 will be a major resistance level for the day, whereas Nifty 18,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,670 will be a major resistance level for the day, whereas Nifty 18,580 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Commodities and Metal stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with the Kotak Securities Currently in Currency podcast by Anindya Banerjee.Rangebound market offers opportunities to option traders#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,670 will be a major resistance level for the day, whereas Nifty 18,580 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Metal #IT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may see rangebound trading today but GBPINR may see some upside #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Highlights of 5th June Fundamental Weekly Podcast: - Indian benchmark equity indices (BSE 30 and Nifty 50) posted flat gains. - BSE Midcap and BSE Smallcap index was up by 1.8% and 2.4, respectively. - India's Q4FY23 GDP growth improved to 6.1% and surprised on the upside. - Domestic market participants to keep an eye on upcoming RBI policy meet and monsoon progress. - Fll continues to be a net buyer in the month of May'23 to the tune of Rs. 27,856 crores. - PICK OF THE WEEK – Reliance TARGET - Rs 2,800 - RIL's 4QFY23 consolidated EBITDA (+9% QoQ) was 5% ahead of our estimates. - Digital services fared well (3% EBITDA beat, but R-Jio was in line), while Retail/E&P (1%/4% miss) were marginally below. - Capex further rose to Rs 444 bn in 4Q (versus Rs 376 bn in 3Q). #KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #RelianceIndustries #EBIDTA
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may open higher tracking the strong US Dollar index. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,630 will be a major resistance level for the day, whereas Nifty 18,450 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT and Nifty Metal.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Metal #IT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR can see more downside as risk on rally coincide with soft US Dollar Index.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 18,580 will be a major resistance level for the day, whereas Nifty 18,370 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Nifty IT.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.Range bound moves ahead in USDINR but GBPINR can see higher volatility.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 18,630 will be a major resistance level for the day, whereas Nifty 18,480 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR could see some buying due to the weakness in the chinese currency and strong dollar. Index#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,750 will be a major resistance level for the day, whereas Nifty 18,550 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Metal stocks.Nifty 18,750 a major resistance levelNifty 18,550 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, and Metal stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Debt ceiling deal in US can be positive for dollar via rising US bond yields #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,700 will be a major resistance level for the day, whereas Nifty 18,500 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak
Highlights of 29th May Fundamental Weekly Podcast:- Nifty Index gained 1.60%, while Sensex gained around 1.12%- Both BSE Midcap Index and BSE SmallCap Index underperformed. - Indian equity markets were buoyed by a decent Q4FY23 earnings print, even though the quality of earnings was weak.- Fll continues to be a net buyer to the tune of Rs. 20,607 crores, to date in May'23.- PICK OF THE WEEK – Prajinds - Praj reported a strong Q4FY23 - 21.1%/38.8%/52.7% yoY growth in consolidated revenue/EBITDA/PAT respectively.- EBITDA margin at 10.8% improved 140/130 bps yoy/qog led by expansion in gross margin and operating leverage. #KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #Prajinds
Highlights of this week's Commodity Podcast: • Pending US debt ceiling deal, serious concerns about pace of Chinese economic rebound coupled with uncertainty regarding Fed rate outlook, all limited global risk appetite this week • Dollar closed the week near two months high at 104.2 as Core PCE price index, Fed’s preferred inflation gauge, rose 0.4% in April compared to the previous month, higher than expected 0.3%, it climbed 4.4% yoy • COMEX Gold slipped to two months low of $1936/oz and closed 1.7% lower, its third weekly loss as higher treasury yields outweighed haven bids owing to the US debt crisis. Stronger dollar, despite a serious threat of a catastrophic default as soon as June 1, added to the weakness. Silver too extended losses this week and closed nearly 3% lower in line with sharp decline in both gold and industrial metals • Base metals slipped to fresh multi month lows on few signs of a decisive recovery in China, US debt ceiling impasse and hawkish comments from Fed officials. LME Copper slipped to six-month lows while Zinc plunged to lowest in nearly three years hit by sharp increase in stocks at the LME warehouses in Singapore • On crude oil front warning by Saudi energy minister to short sellers and a bullish inventory report boosted oil prices to three-week highs and helped close the week with 1.8% gains, though further upside was capped as Russian Deputy Prime Minister Alexander Novak dismissed bets of further OPEC+ production cuts at its meeting next week • On the price action front US Dollar index has formed a Doji at the trend line resistance whereas gold is trading near a good support of $1934. Silver has formed a bullish engulf which might get confirmed this week Crude oil is stuck in a range trading between $75 to $71. A morning star candlestick formation in Zinc might push the prices higher only if the pattern confirms on a close above the pattern high of 213.25 • Focus for the week will be on the US debt ceiling deal and US Labor report. NFP is expected to show some weakness that may lead to repricing of interest rate expectations and weigh on dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,670 will be a major resistance level for the day, whereas Nifty 18,450 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Sector specific stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Debt ceiling deal in US can be positive for dollar via rising US bond yields.#KotakSecurities #Currency #CurrencyTrading #USDINR #GBPINR #EURINR #Dollar #Rupee #forex #Futures #Options
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR can continue to see range bound price action but lot of activity is being seen in crosses, especially GBPINR futures and Options.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,360 will be a major resistance level for the day, whereas Nifty 18,200 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and IT stocks.Nifty 18,360 a major resistance levelNifty 18,200 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, BFSI and IT stocks.Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR may see mild upside today on the back of rising US bond yields.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #fore
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,350 will be a major resistance level for the day, whereas Nifty 18,200 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.Nifty 18,350 a major resistance levelNifty 18,200 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.We expect RBI to remain active as the pair nears the key level of 83.00. in crosses, GBPINR options are seeing increased liquidity.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,350 will be a major resistance level for the day, whereas Nifty 18,200 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and IT stocks..#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR has an upward drift, as rising US treasury yields are positive for the US Dollar.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,375 will be a major resistance level for the day, whereas Nifty 18,200 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and IT stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Market sentiments were mixed in the previous week as optimism of debt ceiling resolution supported risky assets whereas rising speculation that the Fed may raise interest rates again kept traders cautious.•However, moderately dovish stance by Federal Reserve Chair Jerome Powell, that the US central bank may not need to raise interest rates as much, given how credit conditions have tightened, led to dollar retreat from two month high of 103.62.•The new range in Dollar Index now might be 105-102.80 provided the US debt ceiling deal goes through. A close below 102.20 would once again make dollar weak. •On the precious metals front it was not a good week for gold bulls as the COMEX price broke below the $1974/oz zone, after holding it for more than a month. Similar trend was seen in Silver but losses were limited to just 0.7% on recovery in gold and industrial metals in the last trading session of the week.•US debt ceiling uncertainty might keep markets volatile for the week. However, once it is resolved focus will again turn to economic data and monetary policy outlook. FOMC Meeting minutes and PCE Price index might be the focus for the day.•On the energies front both WTI Crude oil and Natural gas rose in the previous week. WTI Crude oil closed with 2% upside, first weekly gain since mid-April, supported by US debt deal optimism, supply disruptions from wildfires in Canada and favourable demand outlook by IEA.•NYMEX Natural gas witnessed a sharp rally ending the week with a solid 14% gains. The rally came after the inventory report showed lower than expected build.•Base metals closed on a mixed note after hitting fresh multi month lows as Chinese economic data largely missed expectations and sparked concerns regarding the faltering pace of recovery, thereby hurting demand prospects.•The greenback may continue to trade sideways as latest comments by Fed Chair has led to repricing of rate expectations. Also, the week will continue to be dominated by the decision on US debt ceiling. Will get a clear market reaction after the deal gets through. till then volatility might be high.
Highlights of 22nd May Fundamental Weekly Podcast:- Nifty-50 index and BSE-30 index witnessed decline.- Global markets were mixed during the week amid concerns around the US debt ceiling.- CPI inflation moderated to 4.7% in April from a March CPI print of 5.7%.- Fll continues to be a net buyer to the tune of Rs. 17,376 crores, to date in May'23.- PICK OF THE WEEK – Muthoot Finance TARGET - Rs 1,225- Strong loan growth in 4Q.- Gradual improvements forward- Muthoot reported strong headline growth due to the rising gold price and stable competitive intensity.- Gold lending remains a strong nice business that, if managed well, has negligible credit losses.#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #MuthootFinance
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Low forward premium in USDINR remains a negative factor for the Rupee. We could see higher volatility today. In crosses, Euro and GBP can trade strong due to dovish comments from the Powell #KotakSecurities #Currency #CurrencyTrading #USDINR #GBPINR #EURINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 18,240 will be a major resistance level for the day, whereas Nifty 18,100 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank and Commodities stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #BankNifty #Bank #Commodities
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR is expected to move higher due to stronger dollar index and weaker Chinese currency #KotakSecurities #Currency #CurrencyTrading #USDINR #GBPINR #EURINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,200 will be a major resistance level for the day, whereas Nifty 18,100 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank and Auto stocks #KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Low volatility remains the key feature of USDINR market. Scalping is advisable than positional bets #KotakSecurities #Currency #CurrencyTrading #USDINR #GBPINR #EURINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,300 will be a major resistance level for the day, whereas Nifty 18,100 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #BankNifty
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,460 will be a major resistance level for the day, whereas Nifty 18,330 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank, Select IT and Cement stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Cement #IT #BankNifty
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Upward drift remains in USDINR but momentum is missing. We expect higher volatility in GBPINR and EURINR with key data scheduled during the afternoon session #KotakSecurities #Currency #CurrencyTrading #USDINR #GBPINR #EURINR #Dollar #Rupee #forex
Highlights of 15th May Fundamental Weekly Podcast: - Nifty Index gained 1.34%, while Sensex gained 1.5% - BSE Midcap and BSE SmallCap moved up with gains of around 1.62% and 1.37%. - Indian equity markets remained concerned about growth prospects, even as inflation continued its downward trajectory both globally and domestically. - Fll continues to be a net buyer to the tune of Rs. 13278.1 crores, to date in May'23. - PICK OF THE WEEK – GSPL TARGET - Rs 380 - 4Q ahead on lower cost, shareholder returns to improve. - GUJS' reported EBITDA was 7% ahead of our estimate on lower staff cost and marginally higher realized tariff. -The recent Gujarat government policy should improve shareholder returns (higher dividend yield, likely buyback) and could lead to a lower holdco discount for GUJGA stake. #KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #GSPL
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,350 will be a major resistance level for the day, whereas Nifty 18,190 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank, Auto and Cement stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Bank #Cement
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR has an upward drift but momentum remains weak. Focus on crosses, as data-driven volatility can be high #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,400 will be a major resistance level for the day, whereas Nifty 18,200 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, FMCG and Bank stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #FMCG
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. A strong dollar index can drive USDINR upwards. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #Fed
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,350 will be a major resistance level for the day, whereas Nifty 18,200 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and Select Bank stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT #BFSI
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR remains rangebound, due to lack of fresh triggers. Focus on scalping and short option strategies #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #Fed
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,350 will be a major resistance level for the day, whereas Nifty 18,200 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and Auto stocks. #KotakSecurities #Nifty #technical #technicalanalysis #stockmarket
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Bias remains upward on USDINR as long as the pair holds above 81.90/95 levels on spot. Keep an eye on US inflation report in the evening. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #Fed
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR remains rangebound but we need to be watchful as periods of extreme low volatility is followed by periods of high volatility. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #Fed
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,300 will be a major resistance level for the day, whereas Nifty 18,200 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Mid-cap IT and Power Utility stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #IT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Volatility continues to be very low in USDINR making the market conducive for scalpers and option sellers #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Highlights of 8th May Fundamental Weekly Podcast- #BSEMidcap and #BSESmallCap outperformed with gains of around 1.7% and 1.5%- Indian #EquityMarkets remained concerned about growth prospects, even as inflation continued its downward trajectory both globally and domestically- #Crude prices declined to US$72.6/bbl from US$81.3/bbl- #FII continues to be a net buyer to the tune of Rs. 5528 crores, to date in May’23- PICK OF THE WEEK – TITAN TARGET - Rs 2970- #Titan reported strong 24% yoy growth in standalone jewelry sales and 13.2% EBIT margin- TTAN expects 12.5%-13% EBIT margin in FY24E, irrespective of the competitive intensity#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing
Highlights of this week's Commodity Podcast:1. A super volatile week ended amid bets on #Fed 's rate hike stance. Everything from the dollar index to gold and oil to industrial metals witnessed wild swings 2. The Fed raised the fed funds rate by 25 basis points to a range of 5% - 5.25%, marking the 10th straight increase3. The #USDollar Index opened last week on a positive note once again and fell close to the support zones near 100.80.4. #COMEX Gold came close to the record high of $2,089/troy ounce before paring gains and closed the week at $2024.87 up by 1.29%5. #MCX Gold jumped to a record high of Rs.61,845/10 gms on the MCX6. We are probably at peak Fed funds rate and might see a pause during the June FOMC meeting, which might be a major trigger for bullions going ahead7. WTI #CrudeOil witnessed sharp selloff amid persistent concerns that higher interest rates could slow the global economy and hurt energy demand8. Base #Metals also extended the drop as fears of a #USRecession and more signs of a patchy recovery in China weighed on risky assets9. The focus for the week will be on US CPI and UK monetary policy in the week#kotaksecurities #commoditymarket #commodities #commoditystocks #marketupdates
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,200 will be a major resistance level for the day, whereas Nifty 18,000 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Auto and NBFC stocks#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Auto #NBFC
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,300 will be a major resistance level for the day, whereas Nifty 18,150 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Auto and Bank stocks#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Auto #Bank #AutoStocks #BankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR has drifted down towards its key support level after Fed hinted at a pause in rate hiking cycle. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #Fed
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. . Nifty 18,200 will be a major resistance level for the day, whereas Nifty 18,080 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Commodities and Select IT stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Cement #commodities #IT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. We expect a tight trading range in USDINR and other currency pairs ahead of the Fed rate decision tonight. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #Fed
Highlights of 2nd May Fundamental Weekly Podcast - Sensex 30 and Nifty 50 moved higher by ~2% - BSE Midcap, BSE Smallcap and most of the sectoral indices closed with positive returns - Crude oil price corrected this week with Brent Crude trading below the $80 per barrel mark - Gujarat government announced a policy for minimum levels of dividend distribution and bonus shares for its State public sector undertakings (PSUs) including listed companies - Fll continues to be a net buyer to the tune of Rs. 5712 crores, to date in April'23 - Strong 4Q for insurance businesses, outlook mixed Bajaj's insurance business fared well in 4QFY23 with 35% - VNB growth at Bajaj Life and improvement in the combined ratio (down 100 bps yoy to 97.3%) at Bajaj General Insurance
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,200 will be a major resistance level for the day, whereas Nifty 18,000 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Private bank, Cement and Commodities stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Cement #commodities #PrivateBanks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR is rangebound, but we are into an eventful week with Fed and ECB monetary policy meetings. We expect volatility to increase post these events #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #Fed #ECB
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR has a slight downward bias. Today's focus will be on JPYINR due to a major event risk discussed here #KotakSecurities #Currency #CurrencyTrading #USDINR #JPYINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18000 will be a major resistance level for the day, whereas Nifty 17,800 will act as key support level says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Cement and Commodities stocks. #KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 17,870 will be a major resistance level for the day, whereas Nifty 17,700 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank and Commodities stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Stocks #StocksToWatchKotak #Commodities #Banks #CommodityStocks #BankStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR can drift lower if US Dollar Index weakens further. Focus on the key levels discussed here. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR May continue to remain within a narrow range. Scalping remains a preferred strategy.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,800 will be a major resistance level for the day, whereas Nifty 17,700 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, FMCG and Tech stocks.Nifty 17,800 a major resistance levelNifty 17,700 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, FMCG and Tech stocks..#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR remains rangebound but keep a watch on the levels discussed here.Disclaimer: bit.ly/KSLResearchDisclaimer
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,800 will be a major resistance level for the day, whereas Nifty 17,600 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank, FMCG and Realty stocks.Disclaimer: bit.ly/longdisc
Highlights of this week's Commodity Podcast:1. Renewed fears of a lingering recession in the U.S. weighed on global risk sentiments last week.2. The U.S. Dollar Index ended the week pretty flat near 101.70.3. Prospects of further rate hikes in the U.S. and global inflation concerns, pushed U.S. treasury yields higher, in turn weighing on non-yielding bullion.4. COMEX Gold plunged to $1980.9/witnessing second consecutive weekly loss. Silver also saw losses.5. With FOMC meeting in focus and rising prospects of higher rates, we don’t deny the odds of some pullback in gold prices during the near term.6. Crude oil closed the week lower by more than 5% and base metals extended losses as recession fears weighed on demand outlook.7. Oil prices may remain soft on easing supply concerns as Iraq is likely to restart export of crude oil from the Kurdistan region by this week.8. On the data front, U.S. Q1 GDP, Bank of Japan monetary policy, and Fed’s preferred PCE price index might be in spotlight for the week.
Highlights of 24th April Fundamental Weekly Podcast:- Nifty Index lost 1.14%, while Sensex lost around 1.28%.- BSE Midcap and BSE SmallCap outperformed with gains of around 0.4% and 0.25%.- Indian equity markets were circumspect as they absorbed the weak earnings prints of major IT companies for Q4FY23.- Fll continues to be a net buyer to the tune of Rs. 317 crores, till date in April'23.- PICK OF THE WEEK – CLEAN SCIENCE TARGET - Rs 1810- The demand and growth outlook for the company remains positive, with new products and capacity expansions expected to drive rapid growth in the coming years.- Competitive risks do exist, but we find valuations more realistic now and upgrade to ADD.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR may continue to see range-bound price action over this week.Disclaimer: bit.ly/KSLResearchDisclaimer
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 17,700 will be a major resistance level for the day, whereas Nifty 17,550 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank and Realty stocks.Disclaimer: bit.ly/KSLResearchDisclaimer
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR has an upward drift but momentum remains elusive.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forexDisclaimer: https://bit.ly/KSLResearchDisclaimer
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,700 will be a major resistance level for the day and any trend above this level can pull the market to 17,800-17,850 levels. On the other hand, Nifty 17,575 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and FMCG stocks.
Disclaimer: https://bit.ly/KSLResearchDisclaimer
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,675 will be a major resistance level for the day, whereas Nifty 17,500 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and Commodities stocks.#KotakSecurities #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BFSI #Commodity #CommodityStocks #Stocks #StocksToWatch
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR has an upward drift but the speed of move remains slow.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,800 will be a major resistance level for the day, whereas Nifty 17,600 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank and Commodities stocks.Nifty 17,800 a major resistance levelNifty 17,600 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, Bank and Commodities stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. We are mildly bullish on USDINR as there has been strong basing action in prices below 81.90. In crosses, we could see rangebound market. #KotakSecurities #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may continue to see rangebound price movement due to lack of fresh triggers. In GBPINR, UK jobs report can trigger volatility #Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex #GBPINR
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,870 will be a major resistance level for the day, whereas Nifty 17,500 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty and Sector specific stocks.Nifty 17,870 a major resistance levelNifty 17,500 an important support levelGet a full trading strategy here for Nifty, Bank Nifty and Sector specific stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Highlights of 17th April Fundamental Weekly Podcast:- Indian markets closed with gains of 1.30% over the previous weekly closing. - Realty, Auto and Bank sectors did better with specific buying witnessed in Pharma and healthcare stocks.- FII continues to be a net buyer to the tune of Rs. 4959 crores, till date on 13th April’23. - The US Fed minutes gave the indication of a hike by 25 bps in the coming policy meeting.- The dollar index is trading below the level of 102 and the 10-year bond yield is at 3.52.- PICK OF THE WEEK – CUMMINS INDIA TARGET - Rs 1810- Our assessment and recent management commentary suggest limited margin/business risks to KKC from the competition, parent (royalty), and exports. - One transitory risk in the making is China reopening, more from the secondary impact (stress on supply chain) than primary (supply).#KotakSecurities #FundamentalPodcast #BSE #NSE #Sensex #Nifty #BSEMidcap #BSESmallcap #PickOfTheWeek #POW #CumminsIndia #Pharma #Auto #BFSI
Commodity Market Analysis and Outlook - 17th April - 21st April, 20231. Another busy week ended with most commodities ending higher except gold.2. Softening U.S. dollar amid expectations that the Federal Reserve will soon end its campaign of interest rate rises have bolstered demand for commodities.3.Gold whipsawed as it started the week on a bearish note, recovered after the softer inflation print from US, but fell on the last session of the week to end with weekly loss4.Silver futures has outshined gold over the last few weeks surging to a one-year high of $26.23/oz. 5. Outlook for both the metals remain bullish in the medium to long term.6. On the price action front, COMEX Gold might take resistance near $2078/oz which is a double top, whereas Silver’s rally might take a pause near $26.50/oz. 7. Crude oil continued to sparkle this week and jumped to the highest levels since November as supply tightness concerns and positive outlook by IEA and EIA.8. Copper prices edged higher and touched a seven-week high on Friday amid demand hopes and US Dollar weakness after the easing in US inflation.9. This week will be much softer in terms of US economic data other than flash PMI’s. In Asia, a busy week will be headlined by Chinese GDP growth figures for the first quarter, industrial production, retail sales.Find out in our commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR is expected to open flat and remain range-bound due to lack of fresh triggers.#Currency #CurrencyTrading #USDINR #Dollar #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,100 will be a major resistance level for the day, whereas Nifty 17,600 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Commodities and BFSI stocks.Nifty 18,100 a major resistance levelNifty 17,600 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, Commodities and BFSI stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,800 will be a major resistance level for the day, whereas Nifty 17,650 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Commodities, BFSI, and FMCG stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #BFSI #FMCG #commodities #Stocks #StocksToWatch
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may remain rangebound ahead of the US inflation report. #Currency #CurrencyTrading #USDINR #Dollar #DollarIndex #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR remains rangebound and hence scalpers and option sellers can continue to have the upper hand in this market. #Currency #CurrencyTrading #USDINR #Dollar #DollarIndex #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,700 will be a major resistance level for the day, whereas Nifty 17,500 will act as key support level. Buying on intraday corrections at 17,550 - 17,500 is advisable, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Commodities, Realty, and IT stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Realty #IT #commodities #Stocks #StocksToWatch
Highlights of 10th April Fundamental Weekly Podcast- Last week, markets closed with good gains. - Last Thursday, the RBI decided to keep the rate unchanged, while expectations were for a rate hike of 25 bps. - This helped cheer the sentiment in the market and Real estate, auto, and NBFC stocks closed at the highest point of the week. - FIIs bought equities worth Rs 1600 crores.- PICK OF THE WEEK – MACRO TECH DEVELOPERS TARGET - Rs 1300- The recent correction in Lodha gives an attractive entry point into one of India’s leading real estate developers, which has demonstrated (1) industry-leading sales and business development, (2) consistently superior margins and cash generation, (3) aggressive de-leveraging of the balance sheet, and (4) has access to a large land-bank. #KotakSecurities #FundamentalPodcast #BSE #NSE #Sensex #Nifty #BSEMidcap #BSESmallcap #PickOfTheWeek #POW #MacrotechDevelopers
Highlights of this week's Commodity Podcast:1. It was another data loaded week that came to an end where precious metals and oil moved higher, whereas natural gas and base metals traded lower.2. The week witnessed a surprise production cut by OPEC + whereas US Labour market is starting to show weakness. U.S. non-farm payroll (NF) however came in line with expectation raising questions as to when the Fed's tightening cycle will end.3. The US dollar slipped below 102 levels last week as a cooling labor market buoyed hopes of Fed changing its monetary policy stance. 4. COMEX Gold prices saw another weekly gain of more than 2% and notched a fresh one-year high of $2,049.2 per troy ounce.5. Silver gained around 3.60% and has finally penetrated a 2-year falling channel.6. Risk appetite might be once again tested this week, as US CPI data, Retail sales, and FOMC minutes data will be released, which might provide further cues on Fed’s monetary policy path. 7. Crude oil extended its spectacular rally to highest levels since January and closed 6% higher, thanks to surprise output cut announcement by OPEC+.8. Base metals witnessed a weekly decline.9. The weak ahead should be interesting as FOMC meeting minutes, US inflation figures might set the tone.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. It is going to be an eventful week with three key data releases from US. USDINR and US Dollar Index, both near very important support zones. #Currency #CurrencyTrading #USDINR #Dollar #DollarIndex #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,700 will be a major resistance level for the day, whereas Nifty 17,500 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, NBFC, Realty, and Tech stocks. #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.Nifty 17,600 will be a major resistance level for the day, whereas Nifty 17,400 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and Mid-cap IT stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Metal #BFSI #Stocks #StocksToWatch
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may see high volatility due to RBI policy today. As long as the pair holds below 82.20, the bias remains slightly downward #Currency #CurrencyTrading #USDINR #Dollar #DollarIndex #Rupee #forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,450 will be a major resistance level for the day, whereas Nifty 17,300 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT, Bank and Auto stocks.Nifty 17,450 a major resistance levelNifty 17,300 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, IT, Bank and Auto stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR remains range bound with 82 as major support and 82.50 as resistance. Scalpers and option sellers are dominating the proceedings now. #Currency #CurrencyTrading #USDINR #Dollar #DollarIndex #Rupee #forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR can see fresh downside momentum today due to risk on trade globally, softer dollar index and possible year end selling from Indian exporters#Currency #CurrencyTrading #USDINR #Dollar #DollarIndex #Rupee #Forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,050 will be a major resistance level for the day, whereas Nifty 16,900 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and Bank stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Metal #Bank #Stocks #StocksToWatch
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR can see range bound price action as financial year end approaches. Focus on short option strategies. #Currency #CurrencyTrading #USDINR #Dollar #DollarIndex #Rupee #Euro #GBP #Forex
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,050 will be a major resistance level for the day, whereas Nifty 16,870 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Commodities and Bank stocks.Nifty 17,050 a major resistance levelNifty 16,870 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, Commodities and Bank stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,050 will be a major resistance level for the day, whereas Nifty 16,900 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Commodities and Auto stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Commodities #Auto #Stocks #StocksToWatch
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may see a downward drift today due to corporate flows. In cross currency, Euro and GBP may see some buying at lower levels #Currency #CurrencyTrading #USDINR #Dollar #DollarIndex #Rupee #Euro #GBP #Forex
Highlights of 27th March Fundamental Weekly Podcast: - Nifty Index lost 0.75% while Sensex lost around 0.70% - BSE Midcap Index lost more than 1.37% while BSE SmallCap Index lost around 0.85% - Despite the bank failures in the U.S, the U.S. Central Bank has raised interest rates again -The Federal Reserve increased its key rate by 0.25 percentage points, calling the banking system "sound and resilient" - Gold prices have more room to rise and could go as high as $2,600 per ounce - FII continues to be a net seller to the tune of Rs. 246 crores, till date in March’23 - Focus on RoA, high growth secondary - New segments and affluent to drive business, trends in monsoon in the forefront for tractors - Further refinement of screens, collections will remain monitorable, and (4) NIM trends remain a bit unclear
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR may continue to see rangebound price action till a fresh trigger emerge. One can focus on option selling strategies #Currency #CurrencyTrading #USDINR #EURINR #Rupee #Forex #Fed
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,050 will be a major resistance level for the day, whereas Nifty 16,900 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and Auto stocks.Nifty 17,050 a major resistance levelNifty 16,900 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, Metal and Auto stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.USDINR has a slight downward bias but global cues remain mixed. European flash PMIs and UK retail sales data can create volatility on EURINR and GBPINR futures.#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,200 will be a major resistance level for the day, whereas Nifty 17,000 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank, Metal and IT stocks.Nifty 17,200 a major resistance levelNifty 17,000 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, Bank and Metal stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,200 will be a major resistance level for the day, whereas Nifty 17,000 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank and Metal stocks. #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Metal #BFSI #Stocks #StocksToWatch
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Fed policy was on expected lines but weakness in the dollar index can prompt selling in USDINR today. #Currency #CurrencyTrading #USDINR #EURINR #Rupee #Forex #Fed
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,200 will be a major resistance level for the day, whereas Nifty 17,000 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank, and Commodities Nifty 17,200 a major resistance levelNifty 17,000 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, banks, and commodities.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. Tomorrow is the Fed meeting and ahead of that today we could see USDINR and other currency pairs remain rangebound. Intra day scalping trades can be done but one can avoid carrying large positions into the event. #Currency #CurrencyTrading #USDINR #EURINR #Rupee #Forex #Fed
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,100 will be a major resistance level for the day, whereas Nifty 16,900 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Bank and Tech stocks.Nifty 17,100 a major resistance levelNifty 16,900 an important support levelGet a full trading strategy here for Nifty, Bank Nifty, Bank and Tech stocks.#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Highlights of this week's Commodity Podcast: 1. Investor sentiment remained fragile as banking crisis spread from the U.S. to Europe, sparking fears of a contagion in the global financial markets 2. U.S. Treasury yields extended their slide, and oil prices fell to 15-month lows. The shift in short-term interest rates this week was unlike anything seen for more than four decades 3. MCX Gold active futures contract breached the all-time highs and close above 59000/10 gms for the first time ever 4. Safe haven buying also supported the U.S. Dollar that recovered from below 104 level reaching as high as 105 5. Silver futures closed above $22.50 per ounce mark, close to levels last seen in February 2022 6. Oil prices slipped to lowest since December 2021 and closed the week with nearly 13% downside, its worst weekly performance since August 2022 7. LME Copper and Aluminium plunged to $8440/tonne and $2233/tonne respectively, both lowest since January 2023 8. The focus will now shift to the FOMC meeting this week 9. Flash PMI figures will also be closely watched for earliest signs of economic activity in major global nations in February
Weekly Outlook: TCS among Top Stock Picks. FII Net Buyer Highlights of 20th March Fundamental Weekly Podcast- Nifty-50 and Sensex-30 were down and broader indices like BSE Midcap, BSE Smallcap and majority of the sectoral indices too posted negative returns.- India’s February 2023 CPI inflation moderated to 6.44% and trade deficit remained in check with marginal increases in exports and imports.- European Central Bank raised interest rates by 50 bps and continued with its policy tightening measures.- FII continues to be net buyer to the tune of Rs. 6408 crores, till date in March’23.- PICK OF THE WEEK – TCS TARGET - Rs 3500- K Krithivasan, Global Head-BFSI, has been appointed as CEO Designate.- He handles a large BFSI portfolio of US$11 bn, has grown the business consistently, involved in many strategic decisions and was among front-runners for the CEO role.APN:TCS among top stock picksFIIs continues to be net buyerYour weekly market outlook is here. Tune in to form your trading strategy.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. We are starting an eventful week with Fed as the major event risk on Wednesday night. Today we may see rangebound price action in USDINR as traders digest latest Fed moves over the weekend. #Currency #CurrencyTrading #USDINR #EURINR #Rupee #Forex #Fed
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,150 will be a major resistance level for the day, whereas Nifty 16,950 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, FMCG and BFSI stocks. #Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #FMCG #BFSI #Stocks #StocksToWatch
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,100 will be a major resistance level for the day, whereas Nifty 16,900 will act as key support level, says Shrikant Chouhan in our Daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Tech and Commodity stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #CommodityStocks #Commodities #TechStocks #Tech
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is expected to run into selling near the formidable resistance zone of 82.80/90 on spot. Global cues are negative with fears of more bad news from US/EU banking system keeping traders nervous. Tonight's ECB meeting will be important for EURINR.
#Currency #CurrencyTrading #USDINR #EURINR #Rupee #Forex #EUR #GBP #JPY
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,200 will be a major resistance level for the day, whereas Nifty 16,980 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and Chemical stocks.
Nifty 17,200 a major resistance level
Nifty 16,980 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, Metal and Chemical socks
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Relief rally in global equity markets can lead to appreciation in the Rupee at the start. For the day we could see a range bound price action.
Currency #CurrencyTrading #USDINR #Rupee #Forex #EUR #GBP #JPY
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Check out our Hindi Podcast here:
Nifty 17,700 will be a major resistance level for the day, whereas Nifty 17,250 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and Chemical stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #ChemicalStocks #Chemical #Metal #MetalStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is expected to open higher tracking lower equity markets and slightly firm US Dollar Index. Stress in the US banking system can continue to be supportive for USDINR and we can witness big moves in EUR, GBP and JPY.
Currency #CurrencyTrading #USDINR #Rupee #Forex #EUR #GBP #JPY
Highlights of this week's Commodity Podcast:
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As February ended, the main theme remained to be inflation that remained sticky for most major economies
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Money markets and interest rate futures are now expecting Fed funds terminal rate to rise to 5.5% by September 2023
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Expectations of rate cuts have also come down, with traders now pricing in less than 15 basis points of rate cuts in 2023
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The Dollar Index closed the week with a 0.7% decline, while it closed the month of February on a positive note with gains of 2.7%
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Gold prices rebounded and ended the week with 2% gains
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Prospects of higher rates might be a headwind in the short term for precious metals
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WTI and Brent Crude Oil prices closed the week with 4.5% and 3.2% gains, respectively
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NYMEX Natural Gas closed the week with 23% gains, buoyed by colder weather projections and higher LNG exports
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Price action might be volatile in the week as the U.S. Labour data and Powell’s testimony before the Congress will be in focus
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Non-farm payrolls data will be closely watched to gauge more cues on Fed’s March policy decision
Highlights of 13th March Fundamental Weekly Podcast: -
Nifty Index lost 1.03% while Sensex lost around 1.10%.
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BSE Midcap Index lost 0.09% while BSE SmallCap Index gained 0.44%.
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Global markets' sentiments were impacted after Fed Chairman Powell’s said that the Fed may have to raise interest rates higher than previously anticipated.
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The persistently strong jobs market and hotter-than-expected January inflation data changed the outlook for the Fed.
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The futures market is pricing an end point for Fed rate hikes near 5.75%, against the current target range of 4.50%-4.75%.
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FII turns net buyer in the month of Mar’23 till date to the tune of Rs 14,361 cr.
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PICK OF THE WEEK
– GSPL TARGET - Rs 375 - GSPL’s 3QFY23 EBITDA (-19% qoq, -20% yoy) was 15% below our estimates driven by further weak volumes (-9% qoq, -30% yoy) and higher opex.
- With new KG-D6 volumes ramping up and LNG prices softer, volumes have likely bottomed and should recover from 4QFY23.
Get forex market and rupee movement updates on the go with Kotak Securities
Currently in Currency podcast by Anindya Banerjee. USDINR is expected to open lower due to fall in the US dollar index and announcement of a depositor and banking system backstop plan by US authorities. Bias remains slightly downward
Currency #CurrencyTrading #USDINR #USD #Rupee #Forex #INR
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,450 will be a major resistance level for the day, whereas Nifty 17,250 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and Commodity stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #MetalStocks #Metal #CommodityStocks #Commodities
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,650 will be a major resistance level for the day, whereas Nifty 17,400 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and Metal stocks.
#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #BFSI #IT #ITStocks #MetalStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR can see heightened volatility as global risk off and US jobs report tonight become the triggers. We remain biased upwards as long as 81.60/70 is intact on spot.
Currency #CurrencyTrading #USDINR #Rupee #Forex #INR
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,800 will be a major resistance level for the day, whereas Nifty 17,600 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI, Capital Goods, and Metal stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #BFSI #CapitalGoodsStocks #MetalStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR May remain rangebound due to global factors and domestic exporter selling close to financial year end. Key support to watch is 81.90 on spot
#Currency #CurrencyTrading #USDINR #Rupee #Forex #INR
Highlights of this week's Commodity Podcast:
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As February ended, the main theme remained to be inflation that remained sticky for most major economies prompting central banks to remain hawkish
-
Money markets and interest rate futures are now expecting Fed funds terminal rate to rise to 5.5% by September 2023
-
Expectations of rate cuts have also come down, with traders now pricing in less than 15 basis points of rate cuts in 2023, from almost 60 basis points a month ago
-
The Dollar Index closed the week with a 0.7% decline, while it closed the month of February on a positive note with gains of 2.7%
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Gold prices rebounded from an 8-week low of $1,810.8 per troy ounce and ended week with gains of more than 2%
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Prospects of higher rates might be a headwind in the short term for precious metals
-
WTI and Brent Crude Oil prices closed the week with 4.5% and 3.2% gains, respectively
-
NYMEX Natural Gas closed the week with 23% gains, buoyed by colder weather projections and higher LNG exports
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However, gas prices may remain volatile as US stocks remain high
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Price action might be volatile in the week as the U.S. Labour data and Powell’s testimony before the Congress will be in focus. Non-farm payrolls data will be closely watched to gauge more cues on Fed’s March policy decision
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Sensex 30 and Nifty 50 index ended the week with positive returns.
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BSE Midcap and BSE Smallcap index gave positive returns between 1-2%.
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Q3FY23 GDP growth stood at 4.4%, while January 2023 GST collected in February 2023 grew by 12% over same period last year.
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Euro zone inflation for February 2023 came in at 8.5%.
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FII continues to be net buyer to the tune of Rs.12,592 crore, till date in March’23.
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PICK OF THE WEEK – FEDERAL BANK TARGET
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Rs 160 - The underlying macro conditions continue to remain favorable, which would result in headline return ratios improving further.
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This could result in our earnings to be upgraded but ability to sustain these higher ratios could result in the stock trading at higher multiples as well.
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Maintain BUY with an unchanged FV 160.
#KotakSecurities #FundamentalPodcast #BSE #NSE #Sensex #Nifty #BSEMidcap #BSESmallcap #PickOfTheWeek #POW #FederalBank #BankStocks
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,650 will be a major resistance level for the day, whereas Nifty 17,450 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and Realty stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #BFSI #Realty #RealtyStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR could see more downside pressure as exporter selling and speculative short interest drives the pair down. #Currency #CurrencyTrading #USDINR #Rupee #Forex #INR
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR can drift lower due to risk on mood in the financial markets. Key support level is near 82.30 and then 81.80 levels.
#Currency #CurrencyTrading #USDINR #Rupee #Forex #INR
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast
Nifty 17,500 will be a major resistance level for the day, whereas Nifty 17,300 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, PSU Bank and Captial Good stocks.
#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #PSUBanks #CapitalGoods
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,600 will be a major resistance level for the day, whereas Nifty 17,300 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Technology, IT, and Auto stocks.
#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #Sector #Nifty #BankNifty #Technology #IT #TechnologyStocks #ITStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Rising US bond yields may dent optimism in the Indian Rupee and as a result USDINR can remain supported near 82.30 levels. Focus on scalping and option trades.
Currency #CurrencyTrading #USDINR #Rupee #Forex #INR
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Range bound possible - 17350 and 17550
रेंज बाउंड संभव - 17350 और 17550
Research #WeeklyExpiry #Deriviative #DerivativesTrading #DerivativeResearch #SahajAgrawal #kotaksecurities #stockmarket #investment #Podcast #Trading
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
With global risk on mood after an upbeat Chinese data we could see some appreciation in rupee today. But 82.50 remains a key support.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Nifty 17,350 will be a major resistance level for the day, whereas Nifty 17,150 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.
Nifty 17,350 a major resistance level
Nifty 17,150 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound and that offers opportunities for option sellers.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Highlights of 27th February Fundamental Weekly Podcast:
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Nifty-50 and BSE Sensex fell ~2.5%.
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Indian markets saw broad based correction with decline in major key indices.
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BSE Midcap and the BSE Smallcap index declined between 1.5-2%.
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BSE Realty, BSE Commodities and BSE Power index witnessed fall in excess of 3%.
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The US 10-year treasury yield has inched up to 3.9%.
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FII continues to be net seller to the tune of Rs. 3038 crore, till date in Feb’23.
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PICK OF THE WEEK – PI INDS TARGET - Rs 3550
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PI managed to offset somewhat lower-than-expected revenues in 3QFY23, with significantly improved margins, which drove another solid quarter of earnings.
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The strong growth outlook for pyroxasulfone is a key nearterm tailwind.
Disclaimer: https://bit.ly/DisclaimerKSLResearch
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,620 will be a major resistance level for the day, whereas Nifty 17,400 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and IT stocks
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #MidcapStocks #Nifty #BankNifty #Metal #IT #ITStocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains capped around 83 due to alleged central bank intervention. Scalping traders and options sellers are doing well in such markets conditions
Currency #CurrencyTrading #USDINR #Rupee #Forex #INR
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is going to be ranged but some corporate dollar inflows may exert early pressure on the pair. In cross-currency, rupee can see broad-based strength.
Disclaimer: https://bit.ly/KSLResearchDisclaimer
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,770 will be a major resistance level for the day, whereas Nifty 17,450 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Mid-cap stocks.
Disclaimer: https://bit.ly/KSLResearchDisclaimer
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound as central bank could be quite active on both sides of the market. Focus on three kinds of strategies we discussed in today’s audiocast.
Disclaimer: https://bit.ly/KSLResearchDisclaimer
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,700 will be a major resistance level for the day, whereas Nifty 17,500 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Capital Goods and Engineering stocks.
Disclaimer: https://bit.ly/KSLResearchDisclaimer
When it's rangebound in USDINR, there are three types of trade strategies that we focus on. In cross-currency, volatility will remain in GBPINR as traders may look to trade with a bullish bias.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Disclaimer: https://bit.ly/KSLResearchDisclaimer
Nifty 17,900 will be a major resistance level for the day, whereas Nifty 17,700 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sector-specific stocks.
Disclaimer: https://bit.ly/KSLResearchDisclaimer
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains ranged creating opportunities for scalpers and option sellers.
Disclaimer: https://bit.ly/KSLResearchDisclaimer
Nifty 17,900 will be a major resistance level for the day, whereas Nifty 17,700 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal, Commodities, and Tech stocks.
Disclaimer: https://bit.ly/KSLResearchDisclaimer
Catch all the commodity market updates in our weekly outlook by Kotak Securities' Commodity Research Head - Ravindra Rao.
Disclaimer: https://bit.ly/KSLResearchDisclaimer
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,050 will be a major resistance level for the day, whereas Nifty 17,880 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Select IT, Capital Goods, and FMCG stocks.
Disclaimer: https://bit.ly/KSLResearchDisclaimer
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but focus during this week will be on flash PMI releases from Europe.
Disclaimer: https://bit.ly/KSLResearchDisclaimer
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR can open higher tracking weaker equity markets and stronger dollar index. 83.00 remains a major resistance zone.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,100 will be a major resistance level for the day, whereas Nifty 17,900 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Commodities and Chemical stocks.
#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #BFSI #BFSIStocks #Auto #autostocks #Nifty #BankNifty
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,150 will be a major resistance level for the day, whereas Nifty 17,950 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Nifty IT and Auto stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #BFSI #BFSIStocks #Auto #autostocks #Nifty #BankNifty
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR has failed to cross the key resistance zone near 82.90/83.00 on spot. With global risk sentiment turning positive, there is scope for some Rupee strengthening.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Trade long with momentum support of 17850 in a broader positive setup
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR May test the very important resistance zone between 83.00 and all time highs near 83.25 on spot. Central bank intervention is expected at those levels.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,970 will be a major resistance level for the day, whereas Nifty 17,770 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and Auto stocks.
Nifty 17,970 a major resistance level
Nifty 17,770 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, BFSI and Auto stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR May remain range bound ahead of US CPI. But as long as 83 is intact, we could see positional sellers enter the market with stop above that level.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,850 will be a major resistance level for the day, whereas Nifty 17,650 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and FMCG stocks.
#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #FMCG #FMCGStocks #ITStocks #IT #Nifty #BankNifty
Highlights of this week's Commodity Podcast:
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Commodities largely skewed towards consolidated declines in the week gone by owing to reiteration of hawkish stance by the Fed. Prospects of Chinese demand recovery in the coming weeks managed to provide some cushion.
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Dollar pulled back from weekly high of 103.8.
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This week’s ultra-important CPI print should be the driver for the next leg.
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COMEX Gold and Silver traded in a narrow range this week, in line with stronger dollar and higher U.S. treasury yields.
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The focus will now shift on the U.S. CPI data for more cues on Fed’s hiking path.
-
Any uptick in the U.S. inflation might prove further weakness for gold prices and vice versa.
-
WTI and Brent Crude both rebounded sharply and closed the week with 8% upside. - EIA expects China oil demand to increase by 700,000 bpd this year and by 400,000 bpd in 2024, as the country pivots away from a zero-COVID strategy.
-
Supply concerns from the devastating earthquake in Turkey and demand optimism as Saudi raising its Official Selling Price (OSP) for Asian buyers has supported oil prices.
-
LME base metals mostly remained under pressure.
-
Aluminium slipped below $2500/tonne, weighed down further by a sharp increase in LME stocks which jumped by 105,550 tonnes.
-
This week, markets’ risk appetite will be largely dependent on the most important economic data point
-
the U.S. CPI print which could drop crucial hints on whether inflation risks are moderating or not.
Highlights of 13th February Fundamental Weekly Podcast:
-
The benchmark BSE-30 and Nifty-50 was almost flat
-
BSE Midcap and BSE Smallcap index saw positive gains
-
Q3FY23 earnings of Nifty-50 stocks reported so far have been broadly on expected lines
-
RBI monetary policy committee raised repo rate by 25 bps and remained concerned about core inflation
-
International oil prices rose this week with Brent Crude now trading close to ~$86-87 per barrel.
-
FII continues to be net seller to the tune of Rs. 5414 crore, till date in Feb’23.
-
PICK OF THE WEEK
– PB FINTECH TARGET - Rs 700 - PB Fintech (Policybazaar) continued its high growth trajectory, with 69% yoy growth in premium, along with an increase in profitability of the core business and lower losses in its new initiatives - Focus remains on improving profitability, while the digital engine is running smoothly
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is expected to drift upward ahead of the US inflation report tomorrow.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,900 will be a major resistance level for the day, whereas Nifty 17,750 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Capital and Engineering stocks.
Nifty 17,900 a major resistance level
Nifty 17,750 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, Capital and Engineering stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains within a narrow range of 82.45 and 82.80 on spot. In crosses, we can see some weakness in euro and gbp.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,950 will be a major resistance level for the day, whereas Nifty 17,750 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Capital and Engineering stocks.
Nifty 17,950 a major resistance level
Nifty 17,750 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, Capital and Engineering stocks
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR May slip into a range between 82.30 and 82.80 on spot with interim resistance near 82.65. Global cues remain mixed
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,000 will be a major resistance level for the day, whereas Nifty 17,800 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT, Metal and Select BFSI stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #AutoStocks #Auto #ITStocks #IT #Nifty #BankNifty
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Support at 17700 - Buying advisable on dips/momentum oversold for intraday
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR faces very strong resistance near 83 levels on spot. Fed chief’s comments may help rupee today but traders will also eye RBI’s policy move today
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,830 will be a major resistance level for the day, whereas Nifty 17,600 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and IT stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #AutoStocks #Auto #ITStocks #IT #Nifty #BankNifty
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,000 will be a major resistance level for the day, whereas Nifty 17,700 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #AutoStocks #Auto #ITStocks #IT #Nifty #BankNifty
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR May continue to find demand at lower levels as mix of strong dollar index and corporate dollar outflows remain supportive factors
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
• An explosive and volatile week came to an end with commodities witnessing a sharp fall. It was a week with important events from big central bank policies along with important monthly economic data.
• The U.S. central bank hiked interest rates by 25 basis points (bps) but Fed Chair Jerome Powell seemed less hawkish in his comments.
• ECB and BOE also hiked rates by 50 bps but their forward guidance was moderately on the dovish side.
• The U.S. Dollar witnessed a sharp rebound above 102.50 after having tumbled below 101, the lowest since April 2022.
• COMEX Gold hit a fresh 9-month high of $1975.2/oz as Fed Chair post policy comments were perceived as dovish.
• Silver prices slipped from $24.60/oz and closed the week with a sharp fall of around 5%.
• WTI and Brent Crude witnessed a second consecutive weekly decline as markets now look forward to tangible signs of Chinese demand recovery & assess higher flows from Russia.
• The focus this week will be on speeches by Fed Chair Powell and several FOMC members for clues on the policy outlook. Chinese inflation figures & U.K. GDP will be closely watched.
• Oil markets may take cues from the EU ban on refined oil products from February 5.
APN:
Volatile week for commodities
Chinese inflation & UK GDP in focus
Find out in our commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.
Highlights of 6th February Fundamental Weekly Podcast
-
Nifty gained 1.4% while Sensex gained around 2.6%
-
BSE Midcap Index lost 0.20% while BSE 500 Index gained 0.5%
-Indian equity markets remained concerned about growth prospects, even as inflation continued its downward trajectory
-
US Fed announced a benchmark lending rate at the end of its two-day policy meeting, taking the rate to a target range of 4.50-4.75%.
-
FII continues to be net seller to the tune of Rs. 2218 crore, till date in Feb’23. - PICK OF THE WEEK – BAJAJ LIFE - TARGET - Rs 1,525
-
Life remains strong, non-life weak in core segments - Bajaj Life delivered impressive growth and margin expansion
—interestingly faster growth in agency over bancassurance in 3QFY23 -
We upgrade to ADD from REDUCE with FV of Rs1,525
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,000 will be a major resistance level for the day, whereas Nifty 17,600 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and Auto stocks
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #AutoStocks #Auto #ITStocks #IT #Nifty #BankNifty
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is expected to gap higher near 82.40 but we could see rangebound price action thereafter.
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR can continue to see volatility due to fragile sentiments in domestic equity markets. Bias remains upward. Key event to watch will be US jobs report
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,500 will be a major resistance level for the day, whereas Nifty 17,350 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.
Nifty 17,500 a major resistance level
Nifty 17,350 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,750 will be a major resistance level for the day, whereas Nifty 17,350 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #AutoStocks #MetalStocks #ITStocks #Nifty #BankNifty
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Rupee remains a bit vulnerable to the volatility in the Stock market. But we need to focus on global cues as well which remains dollar negative
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,750 will be a major resistance level for the day, whereas Nifty 17,600 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and capital goods stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #AutoStocks #MetalStocks #ITStocks #Nifty #BankNifty
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound between 81.40 and 81.80, ahead of Budget and FOMC tomorrow.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Highlights of 30th January '23 Fundamental Weekly Podcast
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Q3FY22 earnings season has failed to enthuse the markets
-
The fall in BSE Smallcap and the BSE Midcap indices saw sharper correction vis-à-vis key benchmark indices like Sensex 30 and Nifty 50
-
US economy grew by 2.9% in the fourth quarter
-
FII continues to be net seller to the tune of Rs. 29,232 crore, till date in Jan’23
-
PICK OF THE WEEK – UNITED SPIRITS - TARGET - Rs 925 - UNSP reported 3%/12% yoy growth in P&A volume/value (3.7%/10% 3-yr CAG)
-
Concerns are overdone, and the sharp correction in the stock price is an opportunity to ADD
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Currency traders should brace for high volatility this week as Indian Budget and live central bank meetings from Fed, ECB and BOE impact markets
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,750 will be a major resistance level for the day, whereas Nifty 17,500 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.
#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #AutoStocks #MetalStocks #ITStocks #Nifty #BankNifty
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,000 will be a major resistance level for the day, whereas Nifty 17,750 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal, Auto and IT stocks.
#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #AutoStocks #MetalStocks #ITStocks #Nifty #BankNifty
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains ranged between 81.40 and 81.80. Adani FPO and positive risk sentiments are rupee supportive but upturn in Dollar Index can limit downside
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18200 will be major resistance levels for today, while Nifty 18000 will be our support levels says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty Nifty, Auto,Metal and IT stocks here
Nifty 18000 an ultimate support level
Nifty 18200 major resistance levels
Get a full trading strategy here for Nifty, Auto, Metal and IT stocks
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Positional view in USDINR remains bearish as long as prices are sustaining below 82 levels. In crosses, Euro May continue to outperform GBP due to former’s relatively better economic outlook.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Sahaj Agrawal in this Weekly Expiry Update to get key insights.
Support placed at 18050 - trend setup also remains positive for now
WeeklyExpiry #WeeklyPodcasts #WeeklyUpdates #KeyInsights
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,200 will be a major resistance level for the day, whereas Nifty 18,100 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Auto and Engineering stocks.
Nifty 18,200 a major resistance level
Nifty 18,100 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, Auto and Engineering stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR has witnessed strong short covering yesterday. If there is follow through buying today, then prices can trade close to major resistance zone near 82.00 levels. Bias remains downward as long as prices sustain below 82.00.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Highlights of 23rd January '23 Fundamental Weekly Podcast:
-
Nifty Index gained 0.40%, while Sensex gained around 0.60%
-
BSE Midcap and BSE SmallCap Index underperformed - FII continues to be net seller to the tune of Rs. 19880 crore, till date in Jan’23
-
Indian equity markets turned hopeful ahead of the upcoming Union Budget, while macro indicators continued to be weak
-
PICK OF THE WEEK – FEDERAL BANK - TARGET - Rs 160
-
Federal Bank reported ~50% yoy earnings growth due to a 7% yoy decline in provisions and 40% yoy operating profit growth.
-
RoE, which is currently at a 9-year high at 16%, is partly driven by operating leverage and tailwinds from NIM expansion that would moderate from hereon.
• Global risk appetite was limited in the previous week as economic growth concerns countered Chinese reopening optimism.
• Commodities, U.S. Dollar and Yields traded range bound.
• Dollar has been the major driving force for commodities that hit a fresh 7-month low.
• The Bank of Japan unexpectedly kept its yield curve tolerance band unchanged.
• U.S. retail sales fell 1.1% in December, whereas U.S. PPI fell by 0.5% in December.
• COMEX gold prices rose to a fresh 9-month high of $1,939 per troy ounce.
• COMEX Silver ended the week on a negative note, with prices falling 1.8%, to below $24 per troy ounce.
• Gold prices might see some profit booking ahead of a slew of central bank meetings in early February, with major focus on FOMC meeting. In the case of silver, the medium-term prospects remain bullish.
• WTI and Brent Crude closed 2% higher, mainly supported by Chinese demand optimism.
• NYMEX Natural gas has reached the 252 DMA support which might trigger some profit taking and might push prices higher.
• Most Base metals touched highest levels since June 2022 on improved demand prospects from China, world’s biggest consumer.
• Investors may remain cautious this week ahead of several key data releases, especially from the U.S. Flash PMI figures may provide hints about economic activity in major global economies.
• U.S. Advance GDP and Core PCE may be closely watched as these are the last crucial indicators before the FOMC statement on February 2.
commoditymarkets #commodities #commoditytrading #stockmarket #kotaksecurities #technicalanalysis #podcast
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. C
Nifty 18,200 will be a major resistance level for the day, whereas Nifty 18,000 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal, Private Banks and Auto stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #trading
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains in downtrend with 80.80 as key support. In crosses, European PMis and US GDP will drive the trend
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,200 will be a major resistance level for the day, whereas Nifty 18,050 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 18,200 a major resistance level
Nifty 18,050 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is stuck within a narrow range but the bias remains downward. In crosses, GBP is in focus due to UK retail sales data.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,200 will be a major resistance level for the day, whereas Nifty 18,050 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI Metal, and FMCG stocks.
#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #trading
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is trading with a downward bias but within an overall range of 81.20 and 81.90 on spot. There can be opportunities to short at some key levels. In cross rupee, Yen could see some upmove
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,100 will be a major resistance level for the day, whereas Nifty 17,950 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal, select IT companies and Pharma stocks
. #Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #trading
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is expected to be rangebound. But bias is downward as long as 81.90 is intact on spot. In crosses, JPYINR will be in focus.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,050 will be a major resistance level for the day, whereas Nifty 17,750 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and PSU stocks.
#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #trading
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is delicately poised. If prices move and sustain above 81.80, then upmove can extend towards 82.30 levels. Shorts need to tighten stops. In crosses, JPY in focus ahead of BOJ meeting tomorrow
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Highlights of this week's Commodity Podcast:
• Commodities witnessed solid gains in the previous week.
• U.S. inflation print triggered selling in U.S. Dollar and 10-year bond yields. The U.S. Dollar index fell 1.6% in the previous week.
• COMEX Gold rose to a nine-month high of $1,925 per troy ounce.
• COMEX Silver also closed near a nine-month high of $24.77 per troy ounce amid broad rally in industrial metals.
• Both Brent and WTI Crude Oil, closed the week with more than 8% gains, boosted by Chinese demand optimism.
• Natural gas prices have plummeted almost 25% since the start of this year, mainly due to the warmest start to winter in 20 years.
• In the U.S., the focus will be on retail sales, producer price inflation, whereas in China market participants will be looking for GDP data.
• Dollar weakness might persist, as market participants are ramping up bets that the Bank of Japan will exit it’s ultra-dovish stance.
#commoditymarkets #commodities #commoditytrading #stockmarket #kotaksecurities #technicalanalysis #podcast
Weekly Outlook: Phoenix Mills among Top Stock Picks. FII Net Seller
Highlights of 16th January '23 Fundamental Weekly Podcast
-
Both Nifty Index and Sensex gained around 0.5.
-
BSE Midcap Index lost 0.08% while BSE SmallCap Index gained 0.14%
-
Indian equity markets remained concerned about growth prospects, even as inflation continued its downward trajectory both globally and domestically.
-
FII continues to be net seller to the tune of Rs. 17419 crore, till date in Jan’23
-
PICK OF THE WEEK – Phoenix Mills - TARGET - Rs 1640
-
Phoenix Mills has completed the acquisition of a 7.2 acre land parcel in Surat—the second largest city in the state of Gujarat.
-
Management had highlighted in the 3QFY22 earnings call potential opportunities in Surat, which now adds another leg of growth after its acquisition in Kolkata and brownfield expansion (Project Rise) at High Street Phoenix in Mumbai.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains in downtrend. Important support lurks underneath. In cross currencies, we could see muted volatility as US markets remain closed
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,000 will be a major resistance level for the day, whereas Nifty 17,750 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, Metal, BFSI, and Engineering stocks.
#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia
USDINR can continue to drift downward. Key support near 81.00. In crosses, euro and gbp remains strong
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Nifty 18,000 will be a major resistance level for the day, whereas Nifty 17,750 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains in a downtrend. Positive risk sentiments and weaker usd is helping. Focus on inflation data from India and US tonight
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,000 will be a major resistance level for the day, whereas Nifty 17,750 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal, BFSI and IT stocks.
Nifty 18,000 a major resistance level
Nifty 17,750 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, Metal, BFSI and IT stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR can see more liquidation driven selling.
Major support is near 81.00 levels and resistance near 82.10/15. Bias remains downward
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,000 will be a major resistance level for the day, whereas Nifty 17,750 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 18,000 a major resistance level
Nifty 17,750 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Highlights of 9th January '23 Fundamental Weekly Podcast
-
BSE-30 and Nifty-50 witness some correction.
-
BSE IT index declined by ~2% this week, ahead of the start of Q3FY23 results from the coming week.
-
FII continues to be net seller to the tune of Rs. 7813 crore, till date in Jan’23.
-
GST collections for November (collected in December) stood at Rs.1,495 bn (October: Rs.1,459 bn).
-
PICK OF THE WEEK – M&M - TARGET - Rs. 1435 - M&M + MVML reported 2QFY23 EBITDA of Rs. 25 bn (+50% yoy), which was 7% above our estimates due to better-than-expected gross margins.
-
We believe the company is well-positioned to deliver strong EPS CAGR over the coming years.
WeeklyFundamental #StockMarket #StockMarketIndia #MarketUpdates #KotakSecurities #Sensex #Nifty #BSE #NSE
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR could test the major support zone near 82 levels as globally dollar index is weak and equity markets are trading higher.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,180 will be a major resistance level for the day, whereas Nifty 17,900 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 18,180 a major resistance level
Nifty 17,900 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,180 will be a major resistance level for the day, whereas Nifty 17,900 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 18,180 a major resistance level
Nifty 17,900 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is going to gap down at the open, possibly near 82.20 levels on spot. Sell off in dollar index post Friday data and overall risk on sentiments can drive dollar further down. Key levels to watch will 81.85/82.00 zone.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,050 will be a major resistance level for the day, whereas Nifty 17,750 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal and Auto stocks.
#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,200 will be a major resistance level for the day, whereas Nifty 17,750 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Capital goods and FMCG stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is critically poised. We need to see follow through on the downside or else another false break would occur, allowing option sellers to score of their market neutral bets.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,200 will be a major resistance level for the day, whereas Nifty 17,970 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, BFSI and Metal stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Limited upside with Resistance at 18330
Research #WeeklyExpiry #Deriviative #DerivativesTrading #DerivativeResearch #SahajAgrawal #kotaksecurities #stockmarket #investment #podcast #trading
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains ranged but an improved risk sentiment globally, lower oil prices and and softer dollar May exert downward pressure.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,270 will be a major resistance level for the day, whereas Nifty 18,100 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI, Metal, and Industry stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains locked in a range of 82.50 and 83.00 levels on spot. There are number of option strategies which one can consider at this state, which we discussed in today’s podcast.
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,270 will be a major resistance level for the day, whereas Nifty 18,080 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI, Cement and Auto stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains ranged. We discuss two kinds of trades that can be done during such times. In crosses, euro and yen main remain strong
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Highlights of 2nd January '23 Fundamental Weekly Podcast: -
Sensex & Nifty were up by around 1.75%.
-
Sector-wise, metals, banks, Auto, IT, Consumer Durable and oil & gas were the major gainers, while Pharma was the top loser.
-
FII continues to be net seller to the tune of Rs 14,231.cr, till date in Dec’22.
-
The resurgence of Covid cases in China and other parts of the world brought back worries of an economic slowdown.
-
FIIs flows expected to remain volatile.
-
PICK OF THE WEEK – PCBL - TARGET
-
Rs 180 - PCBL is India's largest and the 7th largest (as per management) carbon black producer globally.
-
PCBL is well placed to capitalize the market opportunities, both in export as well as domestic market.
-
We initiate coverage on PCBL with a BUY rating and a target price of Rs180, valuing at 10x FY25E earnings.
WeeklyFundamental #StockMarket #StockMarketIndia #MarketUpdates #KotakSecurities #Sensex #Nifty #BSE #NSE
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,200 will be a major resistance level for the day, whereas Nifty 18,000 will act as key support level. The strategy should be to take a contra bet to go long around 18,000/18,010 with a Stop-loss at 17,970, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and IT stocks.
Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but globally dollar is weak and that can exert a downward pressure. In cross currency, Euro, GBP and JPY can head higher
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,320 will be a major resistance level for the day, whereas Nifty 18,100 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and Commodities stocks.
#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is likely going to end the year within the December range. Focus on option selling strategies
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,100 will be a major resistance level for the day, whereas Nifty 18,000 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR may slight upward drift today due to equity sell-off but lack of momentum may mean range bound price action remains intact.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,200 will be a major resistance level for the day, whereas Nifty 18,000 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 18,200 a major resistance level
Nifty 18,000 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is expected to remain ranged but with a slow upward drift. Focus on option selling strategies.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR May continue to be rangebound due to a lack of liquidity and volatility in the year end. Key support levels are things to keep an eye on.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,150 will be a major resistance level for the day, whereas Nifty 17,900 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Finance and Commodities stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,000 will be a major resistance level for the day, whereas Nifty 17,600 will act as a key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sector-specific stocks.
#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities
Currently in Currency podcast by Anindya Banerjee. USDINR may continue to be range bound between 82.50 and 83.00.
Therefore, it is advisable to focus on short straddles and strangle trades.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Highlights of 26th December '22 Fundamental Weekly Podcast:
-
Sensex 30 and Nifty 50 indices corrected ~2%.
-
BSE midcap and NSE smallcap indices was much sharper.
-
Most the sectors reported negative returns due to broader weakness in the markets.
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Equity markets witnessed a large increase in volatility as worries emanated from the reported increase in Covid cases in China, while strong US GDP data added belief regarding ‘higher for longer’ interest rates.
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FII continues to be net seller to the tune of Rs 8469 cr, till date in Dec’22.
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FPI flows till date in the month of Dec’22 were negative for all emerging markets, except for India.
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PICK OF THE WEEK – IRB INFRA - TARGET - Rs 340 - Improving toll collections - Traffic levels across key stretches of IRB are holding up quite well
-
Debt to come down from current levels on debt repayment and new projects being taken under private InVIT
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains ranged between 82.50 and 83.00 due to the year-end lack of major triggers. Focus on option selling strategies.
Nifty 18,300 will be a major resistance level for the day, whereas Nifty 18,000 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and FMCG stocks.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Trend support 18075 - limited downside expected
ExpiryPodcast #WeeklyExpiry #StockMarket #StockUpdates #Traders
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Check out our Hindi Podcast here: https://youtu.be/rBJUqA-uVxY
Nifty 18,450 will be a major resistance level for the day, whereas Nifty 18,230 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Engineering and Auto stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Highlights of 19th December '22 Fundamental Weekly Podcast:
-
Nifty and Sensex were weak during the week and lost around 1% each.
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BSE Midcap Index lost 1.2% while SmallCap gained 0.2%.
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Global equity markets witnessed a large increase in volatility as global central banks reiterated their intent to keep policy rates high for an extended period to quell elevated inflation in their respective economies.
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PICK OF THE WEEK – CARBORANDUM UNIVERSAL - TARGET - Rs 975
-
Firmly in fertile zone
-
Linked growth benefits have started playing out in small quantum.
-
We increased the FV by 8% to Rs975 on ~3% higher estimates, 1X higher multiple and roll-forward to 30X Dec-2024E EPS-based FV.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,350 will be a major resistance level for the day, whereas Nifty 18,230 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and sector specific stocks.
Nifty 18,350 a major resistance level
Nifty 18,230 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR spot may remain ranged during the last two weeks of December, which created opportunities for short sellers in straddle, strangle and iron flies. If low volatility persists, then option sellers can be profitable.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Highlights of this week's Commodity Podcast:
• It was a volatile week as commodities moved between gains and losses driven by major fundamental events.
• U.S. CPI inflation stood at 7.1% in November, the lowest since December 2021.
• The Fed raised rates by 50-bps.
• Gold and silver registered a new 5-month and 7-month month high, respectively, as moderation in inflation print pressured the U.S. dollar.
• Hawkish sounding Fed gave the dollar a push from lower levels.
• WTI Crude oil recovered from this year’s low of $70.08/bbl. This happened as price recovered on supply tightness coupled with the fall in dollar.
• All nonferrous metals witnessed profit taking amid recessionary fears as central bankers maintained the hawkish tone.
• Focus for the week would on the U.S. data prints and Fed’s preferred inflation gauge Core PCE for more hints on economic situation.
#commoditymarkets #commodities #commoditytrading #stockmarket #kotaksecurities #technicalanalysis #podcast
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,450 will be a major resistance level for the day, whereas Nifty 18,350 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and Metal stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR continues to defy its peers and move upward. Price action analysis will be useful now than just macro or inter market views. Key levels 82.40 as support and 83.00 as resistance.
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,700 will be a major resistance level for the day, whereas Nifty 18,600 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains supported near yesterdays low of 82.40, but a break of which can expose the key support near 82.10. Resistance is near 82.75 on spot. Post Fed dollar index remains slightly weaker but equity markets are higher due to the divergence in forecast of Fed and what market is pricing in.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,525 will be a major resistance level for the day, whereas Nifty 18,350 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Pharma, BFSI, and Industry stocks.
#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
We could see the Rupee converge to its peers around the world and strengthen after a soft US CPI data. Tonight all eyes are on US central bank meeting.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,670 will be a major resistance level for the day, whereas Nifty 18,450 will act as key support level. The strategy should be to reduce long positions between 18,670 and 18,750 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Tech and Metal stocks
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR could face selling pressure at higher levels as global mood is risk on and dollar index is lower in anticipation of a weaker inflation print from US tonight.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Highlights of this week's Commodity Podcast:
• It was a mixed week for commodities and the U.S. dollar index as encouraging economic data print supported the recovery in the dollar and capped commodity gains.
• This week’s U.S. CPI data will be an important market mover as a softer print might support the belief that inflation is actually moderating.
• The consensus is high for a 50-bps point hike by the Fed this week.
• Precious metals traded mixed. It will be a crucial week for the precious metals as the U.S. CPI print and the FOMC meeting will drive prices.
• WTI Crude oil saw a sharp drop of over 11% in the previous week.
• We expect limited downside in crude oil as any bullish factor might trigger a sharp short covering.
• On the metals front, all except aluminium and lead traded positive in the week.
• Focus for the week would be on U.S. CPI print & FOMC meeting, as well as ECB and BOE monetary policy meetings.
commoditymarkets #commodities #commoditytrading #stockmarket #kotaksecurities #technicalanalysis #podcast
Highlights of 12th December '22 Fundamental Weekly Podcast
- BSE Sensex, Nifty 50, BSE Midcap and BSE Smallcap ended the week in the red. - BSE IT, BSE Healthcare and BSE Power indices reported sharp decline this week
. - BSE FMGC, BSE Capital Goods and BSE Bankex saw marginal gains.
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FII continues to be net seller to the tune of Rs 5,657 cr, till date in Dec’22.
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The government’s weak fiscal position is likely to limit a meaningful increase in government spending in FY2024.
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PICK OF THE WEEK – PVR - TARGET - Rs 2200
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PVR’s 2QFY23 was a washout quarter with a 28% qoq decline in footfalls and pre-Ind AS 116 EBITDA loss of Rs21 mn (KIE: +Rs151 mn).
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The PVR-INOX merger is on track and merger synergies can potentially drive a 15% EBITDA upside.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR has an upward possibility as long as prices are holding above 81.80/82.00 zone on spot. This is going to be a action packed week. Focus on the startegies we discussed in the audiocast.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,600 will be a major resistance level for the day, whereas Nifty 18,350 will act as key support level. Thursday will be the most important day as we face the outcome of the Fed meeting on rate hikes, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, FMCG, and commodities stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR Could see a slow downward drift as the pair attempts to converge towards its peers. Keep an eye on the assembly election results
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR can see high volatility due to RBI policy. Incase of no price or policy intervention from RBI, risk of USDINR moving towards 83 remains.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,750 will be a major resistance level for the day, whereas Nifty 18,570 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, FMCG, IT and commodities stocks
. #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,650 will be a major resistance level for the day, whereas Nifty 18,450 will act as key support level. Level based trading would be an ideal strategy for day traders, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Tech, Pharma, and NBFC stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Resistance see at 18800 amidst high volatility.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR may test the resistance zone between 82.00 and 82.20. An overall range may develop due to mixed global signals. In crosses, some downside trend can be seen due to strong US economic data.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,750 will be a major resistance level for the day, whereas Nifty 18,570 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Highlights of 5th December '22 Fundamental Weekly Podcast
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Nifty Index and Sensex gained around 0.99% in the past week creating all-time high.
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BSE Midcap Index and BSE SmallCap Index gained more than 1.50%.
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Steady softening of global bond yields on expectations of ‘peak’ inflation and a decline in crude prices helped equity markets continue the momentum.
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FII’s turned net buyer in the month of November to the tune of Rs22,546 cr.
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FIIs flows are expected to remain volatile in the near term.
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PICK OF THE WEEK –
Zomato - TARGET - Rs 100 - Prosus, an investor in Swiggy, disclosed some data points on Swiggy’s 1HCY22 operating performance.
- Zomato seems to have captured incremental market share against Swiggy. - We remain positive on Zomato with an FV of Rs100.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,800 will be a major resistance level for the day, whereas Nifty 18,500 will act as key support level. The strategy should be to take profit on long positions around 18,800, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Metal, IT and Pharma stocks.
#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is in downtrend thanks to risk on mood around the globe. However, the pace of appreciation in Rupee can be slow and hence option sellers can benefit from short option strategies.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR can remain under selling pressure as weak dollar index and positive sentiments around Rupee support the local unit. Key level to watch will be 80.90 as support. Important economic data will be US jobs report.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,900 will be a major resistance level for the day, whereas Nifty 18,700 will act as key support level. The strategy should be to buy Nifty between 18,750 and 18,700, placing stop loss at 18,600, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Tech, Gold companies and Cement stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Sahaj Agrawal in this Weekly Expiry update to get key insights. Momentum and sentiment positive - thrust above 18,830
Research #WeeklyExpiry #Deriviative #DerivativesTrading #DerivativeResearch #SahajAgrawal #kotaksecurities #stockmarket #investment #podcast #trading
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,680 will be a major resistance level for the day, whereas Nifty 18,550 will act as key support level. The strategy should be to buy on the decline, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, Auto, Infra companies and IT stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR remains rangebound due to lack of fresh triggers.
This offers lucrative opportunities in the options market.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,600 will be a major resistance level for the day, whereas Nifty 18,350 will act as key support level. The strategy should be to buy if Nifty forms a bullish reversal pattern, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, FMCG and refineries stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR has a slight downward drift on the back of strong FPI flows and positive risk sentiments. Focus on option strategies
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Highlights of this week's Commodity Podcast:
• Commodities traded mixed last week with precious metals trading flat to positive, whereas Industrial metals and oil fell.
• The Chinese central bank reduced the reserve requirement ratio by 0.25%, while the FOMC minutes showed policymakers were with the view of slower rate hikes ahead.
• US Dollar index fell by more than 1% after the release of the minutes.
• The focus for the week will be on U.S. economic data prints including Q3 GDP, ISM Manufacturing PMI, and monthly jobs report.
• Weakening data points will be negative for dollar index and positive for precious metals.
• Oil witnessed wild swings in the previous week; focus will now shift to Dec 4th OPEC meeting.
• Liquidity injection by the Chinese central bank in the form of a RRR cut by 0.25% might support the metals.
Join Rini Mehta to get a fundamental perspective on the stock market for the week.
Highlights of 28th November '22 Fundamental Weekly Podcast
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Both Nifty Index and Sensex gained between 1 to 1.12%.
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The Nifty-50 Index logged its new all-time high on a closing basis above 18,477.
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FII continues to be net buyer to the tune of Rs 11,358 cr, till date in Nov’22.
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FIIs flows are expected to remain volatile in the near term given due to geo-political concerns.
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PICK OF THE WEEK – Info Edge (NAUKRI) - TARGET - Rs 4,900 - 2Q: buoyed once again by Naukri. INFOE reported 2QFY23 revenue growth of 51% YoY, 3% ahead of estimates driven by Naukri and 99acres segments. We trim our target multiple for Naukri to 40X as we bake in IT hiring uncertainty.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,540 will be a major resistance level for the day, whereas Nifty 18,280 will act as key support level. The strategy should be to buy on dips, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI, IT, and crude oil stocks.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,600 will be a major resistance level for the day, whereas Nifty 18,400 will act as key support level, The strategy should be to buy between 18,450 and 18,400 levels and place a stop loss at 18,250, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and IT stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR could be rangebound but with a slight downward bias. Short futures and Short iron fly can be done.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,400 will be a major resistance level for the day, whereas Nifty 18,200 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT PSU banks and sector-specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR could remain rangebound with US markets entering a holiday period. Selling options can be considered.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Trend support at 18075 - lackluster movement expected
Research #WeeklyExpiry #Deriviative #DerivativesTrading #DerivativeResearch #SahajAgrawal #kotaksecurities #stockmarket #investment #podcast #trading
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is lacking momentum. Intraday scalping can be done between a 5-day old range of 81.60 and 82.00. Levels on spot. Option selling strategies can be considered as well. In crosses, flash PMIs from Europe will be in focus.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR could be in for more choppy trading between 81.45 and 82.20 on spot over the near term. Focus on hedged option strategies.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,450 will be an important resistance level, whereas Nifty 18,180 will act as major support level for today, says Shrikant Chouhan in our daily
Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty and sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains in gradual upward drift but we do not expect prices to remain capped around 82.00/82.20 zone with 81.45 as support on spot. Focus on option selling strategies.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Highlights of 21st November '22 Fundamental Weekly Podcast
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Equity market in India posted nominal negative returns with majority of indices posting decline. -With Q2FY23 earnings season behind, the market focus now shifts towards domestic and global macro factors.
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October CPI inflation fell to 6.77% and domestic inflation is expected to moderate gradually.
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FII continues to be net buyer to the tune of Rs 13,590.14 cr, till date in Nov’22. - PICK OF THE WEEK – NMDC - TARGET - Rs 130.
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NMDC has announced a sharp 9% price cut for iron ore in its attempt to revive volumes in 2HFY23.
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We see a strong re-rate case for NMDC after the steel plant demerger with improved capital allocation. Your weekly market outlook is here,
Rini Mehta. Tune in to form your trading strategy.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains choppy but has an upward drift. But a break below 81.40 can negate that bullish bias. In crosses, focus will be on GBP, as UK retail sales is released.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
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Nifty 18,450 will be an important resistance level, whereas Nifty 18,250 will act as key support level for today, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI, FMCG and Commodities stocks.
Nifty 18,450 a key resistance level
Nifty 18,250 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, FMCG BFSI and Commodities stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,500 will be an important resistance level, whereas Nifty 18,250 will act as key support level for today. The strategy should be to keep taking profit between 18,450 - 18,500 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT, BFSI and Capital stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is seeing some buying in offshore but overall it remains in phase of choppy price action. In crosses, some weakness can be seen in euro and GBP.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
The positive trend with mixed sentiment in the short-term - range is seen at 18250-18550
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Nifty 18,500 will be an important resistance level, whereas Nifty 18,250 will act as key support level for today, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and select Finance stock
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR spot is trading higher on the back of News of Russian missile landing inside Poland. Geopolitical risks will drive markets today. Hence, stay nimble and stay sharp and remain glued to our telegram channel for updates
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Technically, the index opened on a positive note after last Friday's sharp jump, though it closed in the red due to profit-booking at higher levels. On the daily chart, the index has formed a short bearish candle, which indicates indecision between the bulls and the bears. We are of the view that the short-term market structure is still on the positive side and buying on an intraday correction can be an ideal strategy for day traders. For the bulls, 18250/61300 and 18200/61100 will be the key support areas, above this, the index may retest the level of 18390/61900, and may continue to move higher which would push the index to 18500/62200. On the other hand, an uptrend below 18200/61100 will be weak. It is also advisable to take profit between 18450-18500 levels.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Rupee can strengthen today due to positive global cues and some domestic flows. Option selling can be done as volatility is expected to come off.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Highlights of this week's Commodity Podcast: • It was yet another solid week for commodities except oil, as the U.S. Dollar corrected falling below the 107 level.
• A decrease in the U.S. CPI inflation and expectation of slow Fed rate hikes is negative for the U.S. dollar and positive for commodity prices.
• Precious metals staged a fantastic rally in the previous week, supported by the U.S. CPI data and uncertainty in the U.S. mid-term elections.
• Focus for this week will be on the U.S. retail sales numbers.
• An above expected print would prompt a recovery in U.S. Dollar which will be negative for precious metals and vice versa.
• Oil prices might trade with a sideways to upside bias for the week, as supply concerns might once again take center stage.
• Base metals may see a pullback, as LME decided against a ban on Russian metal. Find out in our weekly commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR could see more long liquidation driven selling towards 80 levels. In cross INR, Volatility can be high as economic data releases will keep traders on edge.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Highlights of 14th November '22 Fundamental Weekly Podcast
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Global markets witnessed a rally, as the US CPI print softened and possibly enhancing hopes of some moderation in future rate hikes by the Central Banks.
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Sensex and Nifty saw positive returns whereas the BSE Midcap and the BSE Smallcap index witnessed marginal decline.
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Q2FY23 earnings performance has been ahead of expectations. - FII turned net buyer to the tune of Rs 12490 cr, in the month till date in Nov’22.
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PICK OF THE WEEK – Muthoot Finance TARGET
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Rs 1250. Muthoot Finance reported almost flat NII, with a marginal inch up in yields and qoq loan growth.
Expect the benefit of the gold loan rates rise, gold price appreciation and branch expansion.
In the past week, after a short-term correction, the index found support near 18000/60500 and bounced back sharply last Friday. Technically, the index not only crossed the short-term resistance of 18300/61500 but also managed to close above the same, which is positive. Bullish candle and range breakout formations on the Daily and Weekly charts are indicating further upside from current levels. 18200-18150/61400-61200 will now act as a major support zone for the traders. If the index manages to trade above that, it may move towards 18500-18600/62300-62500. However, an uptrend below 18150/61200 would be weak. The strategy should be to buy the dips, however, it is equally important to reduce positions around 18500. A decisive break of 18500 would send the Nifty beyond 18604, which is an all-time highest level for the market. Nifty resist 18500 supports 18150
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Nifty 18,300 will be an important resistance level, whereas 18,000 will act as key support level for today. If Nifty crosses the level of 18,300 and adds more on the downside, then it should be a buying strategy, placing a stop loss at 18000 for the same, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sectors like BFSI & Technology.
#Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,300 will be an important resistance level, whereas 18,000 will act as key support level for today. The short-term structure of the market is still on the positive side but due to the temporary overbought position, the market is witnessing profit-booking at higher levels , says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, sectors like BFSI and more.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities
Currently in Currency podcast by Anindya Banerjee. USDINR is holding the key support near 81.10. As long as this holds, a range may unfold. Globally, US CPI inflation remains in focus.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Range bound movement 18050-18350 expected
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,350 will be an important resistance level, whereas Nifty 18,150 will act as a key support level for today. The strategy should be to buy on dips, placing a final stop loss at 18,000 levels, says Shrikant Chouhan in our daily Trade
Talk podcast. Get a full trading strategy here for Nifty,
Bank Nifty, and sectors like BFSI, Automobile, and Cement. #Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is likely to test the important support zone above 81.10 on spot. In global events, US mid term polls and tomorrow’s US CPI will be key.
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Highlights of 7th November '22 Fundamental Weekly Podcast -
Nifty and Sensex gained between 1.6% to 1.9% in the past week.
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Major emerging markets witnessed a sharp rally on the softening of global bond yields and DXY. - Q2FY23 earnings reports continue to be below expectations.
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FII turned net buyer to the tune of Rs. 6160.11 cr, in the month till date in Nov’22.
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FIIs flows are expected to remain volatile in the near term given the headwinds in terms of monetary tightening, geo-political concerns, etc.
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PICK OF THE WEEK – Aditya Birla Fashion. TARGET - Rs 380. ABFRL reported in-line revenue growth of 50% year-on-year on the back of network expansion, scaling-up of new categories, and festive/EOSS/e-com sales.
Highlights of this week's Commodity Podcast:
• Commodities staged a fantastic rally on Friday last week as metals to energy - everything gained.
• The U.S. Dollar eased all its gains after the mixed to disappointing NFP print.
• Crude oil prices jumped to 2-month highs buoyed by decline in stocks, fears of potential tensions between Saudi and Iran, and hopes of reopening of Chinese economy.
• Focus will now turn to the inflation data from the U.S. and China due to be released in the week.
• An inflation print more than expected might increase expectations of Fed rate hikes and that would be positive for the U.S. Dollar and vice versa.
Nifty 18,350 a key resistance level; Commodity stocks in focus
Nifty 18,350 will be an important resistance level, whereas Nifty 18,000 will act as key support level for today, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Commodity stocks.
Nifty 18,350 a key resistance level
Nifty 18,000 an important support level
Get a full trading strategy here for Nifty, Bank Nifty, and Commodity stocks
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is expected to find support near 82 levels, which can be a buying opportunity. Key events will be US elections and inflation report.
Currency #CurrencyTrading #USDINR #Rupee #Forex
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Karan Pai.
The USDINR pair has been holding the 82.80 mark for the past couple of sessions, as long as the pair manages to hold above this level, we could expect an up move towards the 83.30 handle. Among the crosses, weakness could continue in the GBPINR and EURINR pair
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
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Nifty 18,180 will be an important resistance level, whereas Nifty 17,950 will act as key support level for today, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty and sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Karan Pai.
The traders will now focus on the RBI meeting, the dollar index trading near the 112 mark is expected to put some pressure on the USDINR pair. Among the crosses, the Pound is expected to react to the BOE policy outcome, the rest of the crosses will just react to the price action in the dollar.
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
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Nifty 18,200 will be an important resistance level, whereas Nifty 17,800 will act as key support level for today. The ideal strategy would be to buy an out-of-the-money call option between 17,850-17,800, with a stop loss at 17,800, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty and sector specific stocks.
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Range is seen at 17850-18300 with event-based volatility
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Speculator might stay on the sidelines ahead of the FED policy outcome, Among the crosses, all the three pairs are expected to move in a tight range
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
For trend-following traders now 18050/60870 will be the trend decider level. Above that, the index can go up to 18250-18300/60400-60500. On the other hand, if the index manages to trade below 18050/60870, a quick intraday correction is not ruled out. Below 18050, the index is likely to touch 17950 -17900/60500-60400. The short-term market structure is moderately overbought so level-based trading would be an ideal strategy for day traders. As the market is respecting the previous high, we should give due respect to the level of 18175, which was the highest of the previous day, and above that, the rally would be stronger and quicker. RESIS - 18175-18250 SUPP 18050-17950.
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Nifty 18,150 will be a key resistance level for today, whereas Nifty 17,900 will act as an important support level. An uptrend rally is possible above the closing of 18,150 levels where the Nifty can move up to 18,300-18,350 levels, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, and auto and cement stocks. Nifty 18,150 a crucial level Nifty 17,900 a key support level.
Get a full trading strategy here for Nifty, Bank Nifty, and auto & cement stocks. Disclaimer: bit.ly/longdisc
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Karan Pai
.The USDINR pair is placed at a very crucial point, the Asian markets are suggesting a tilt towards the riskier assets, which should provide support to the pair. Among the crosses, expect the GBPINR to react to the market sentiments.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Karan Pai.
The Brent sustaining near the $94 mark and the dollar index holding the 110 mark might put some pressure on the USDINR pair. On the crosses we might see the GBPINR pair move higher.
Currency #CurrencyTrading #USDINR #Rupee #Forex #euro
On the last day of the October F&O expiry series, the benchmark index recorded volatile activity, with Nifty ending up 80 points while Sensex was up 212 points. Among the sectors, realty and metal indices rose sharply. Realty rose over 3 percent and metal by over 2.5 percent. While intraday profit booking was seen in select IT stocks. Technically, for the past three days, the index has consistently found resistance near 17800/60100 levels and vice versa, regularly found support near 17625/59500. We believe the current market structure is non-directional, perhaps traders are waiting for confirmation from both sides. Now 17820/60100 will be the key breakout level for the bull market, which is likely to lead the index higher to 17900-18000/60400-60700. On the other hand, a fresh round of selling is possible only after the 17625/59500 is out. Below that, the index may slip to 17500-17450/59200-59000.
Nifty has formed an "Inside Body" formation, which will result in a breakout and send the market to the next biggest hurdle or support. We are expecting an upside breakout. Buying is recommended above the level of 17820 (spot basis) and placing a stop loss at 17625. NIFTY RESIS- 17820-18000 SUPP - 17625-17500.
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Nifty 17,820 will be a key resistance level for today, whereas Nifty 17,750 will act as key support level. An uptrend rally is possible above 17,820 levels where the Nifty can move up to 18,000 levels. On the other hand, a contra buy strategy is recommended if Nifty falls below 17,820, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks. Nifty 17,820 a crucial level Nifty 17,750 a key support level
Nifty #technical #technicalanalysis #stockmarket #kotaksecurities #stockmarketindia
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Karan Pai.
The US 10-year bond yields moving lower towards the 4% mark, seems to be making the dollar softer. Some appreciation can be expected in the GBPINR, EURINR and the JPYINR pair.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Karan Pai.
The softer crude oil and the Dollar index flattish near the 112 mark is expected to provide some support to the USDINR pair. Among the crosses expect a range-bound move as the participants might wait for the central bank policy
Your weekly market outlook is here with Rini Mehta. Tune in to form your trading strategy.
Highlights of 25th October '22 Fundamental Weekly Podcast
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Domestic equity market saw up move on the Muhurat day of Diwali, partially supported by positive global trends.
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FIIs turn net seller month till date to the tune of Rs 8,653 crore. We expect FPI flow to remain volatile in the coming months.
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PICK OF THE WEEK – Just Dial – BUY. Target: Rs 840. The company posted revenue growth of 32% YoY in 2QFY23, driven by better-than-expected realizations and paid campaign additions. Collections were up 26% YoY suggesting continued revenue momentum.
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Company Update - SBI Life Insurance Co. Following a blockbuster 1Q and weak 2Q, we expect higher-than-industry growth to continue for the company for the rest of the year.
Disclaimer: bit.ly/longdisc
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,800 will be an important resistance level for today, whereas Nifty 17,600-17,500 will act as key support levels for today. The strategy should be to reduce long positions from the level of 17,700 to 17,800, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks.
Disclaimer: bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities
Currently in the Currency podcast by Karan Pai. USDINR is expected to be under pressure due to risk-off mood of the market. Expect a gap down open in the GBPINR and JPYINR pair.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 17,610 will be an important resistance level, whereas Nifty 17,420 will act as key support level for today. For the bulls, 17,420-17,450 could be the key support areas, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Financials, FMCG and Mid-cap IT stocks.
Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
Get forex market and rupee movement updates on the go with Kotak Securities
Currently in Currency podcast by Anindya Banerjee. USDINR can continue to see more upside thanks to cocktail of rising rates, weaker equity and higher Dollar index. Watch out for RBI intervention at higher levels
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 17,540 will be an important resistance level, whereas Nifty 17,300 will act as key support level for today. The strategy should be to buy Nifty between 17,370 and 17,300 with a stop loss at 17,250, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty and Sector specific stocks.
Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Positive bias with support placed at 17400.
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 17,525 will be an important resistance level, whereas Nifty 17,350 will act as key support level for today, The strategy should be to buy on dips between 17,400 and 17,350 placing a stop loss at 17,300, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, Financial, Select IT companies, and Auto stocks.
Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is rangebound but there are some interesting strategies which can be done. In cross INR, GBPINR will be in focus.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound. Focus on specific option strategies to get maximum benefit. In crosses, JPYINR can see more downside
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 17,460 will be an important resistance level, whereas Nifty 17,150 will act as key support level for today, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty,
Bank Nifty, Financial, Select IT companies and Pharma stocks.
Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
Highlights of this week's Commodity Podcast:
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Commodities ended the volatile week with losses as U.S. inflation print and FOMC meeting minutes revived expectations of another interest rate hike.
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The widely watched CME Fed Watch tool now assigns a 97% probability to a 75 basis point rate hike in the November FOMC meeting.
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The US dollar index is yet to break above the recent highs set near 114.78 and till that holds it can be vulnerable to corrective dips.
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COMEX Gold witnessed worst weekly close since August amid steady U.S. Dollar and rising treasury yields.
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Demand concerns might weigh on crude oil prices for the week. - Global growth outlook remains bleak and with inflation at higher levels, further downgrades cannot be ruled out.
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Except copper, LME base metals traded lower on serious demand concerns.
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CPI data around the globe, especially in the UK and Eurozone, might keep markets volatile.
Highlights of 17 October '22 Fundamental Weekly Podcast -
Last week, Nifty and Sensex were largely flat. - FIIs were net seller till date, to the tune of Rs 9978 cr.
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CPI Inflation jumped by 8.2% in September in US versus a year earlier, hotter than expected though a slight decline from August.
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Consumers have seen prices for food, energy and housing rise sharply over that time. “Core” inflation, which strips out food and energy costs, jumped to its highest level since 1982, suggesting inflation is broad-base.
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PICK OF THE WEEK – United Spirits BUY TARGET - Rs. 890 Diageo and Pernod Ricard’s phased removal of mono cartons across markets, brands (including premium scotch) and SKUs should help reduce the carbon footprint and drive significant cost savings.
Your weekly market outlook is here, with Rini Mehta. Tune in to form your trading strategy.
To know about our Diwali stock ideas & overall outlook on the new Samvat year 2079, join our Diwali special LIVE webinar today at 4 PM with our research head Shrikant and Ajay Bagga.
Click here to know more: https://youtu.be/pyis6sBQdbQ
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Currently in Currency podcast by Anindya Banerjee. USDINR could see rangebound price action over this with 82.70 as the upper cap. In crosses, JPY remains in focus due to risk of central bank intervention
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 17,430-17,340 will be important resistance levels to watch out for, whereas Nifty 16,950 will be an important support level. If Nifty turns down and corrects to 17,000/17,050 then place a stop loss at 16,950, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty,
Bank Nifty and sector specific stocks.
Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
Get a full trading strategy here for Nifty, Bank Nifty, and sector-specific stocks.
Nifty 17,340 will be a key resistance level, whereas Nifty 17,150 will be an important support level, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, Financial, IT, and FMCG stocks.
Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
Get forex market and rupee movement updates on the go with Kotak Securities
Currently in Currency podcast by Anindya Banerjee.
USDINR is expected to open lower and then enter a period of consolidation and correction. In crosses, GBPINR is strongest and JPYINR is weakest
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
With both metrics flashing red, the pace of RBI intervention had to be significant. All eyes are on tonight’s key US data
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 17,225 will be a major resistance level, whereas Nifty 16,950 will be an important support level. The strategy should be to trade short-sell after 16,950 if it breaks the 17,000 level, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty and sector specific stocks.
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Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Range bound movement expected at 16700-17300
Get forex market and rupee movement updates on the go with Kotak Securities.
Currently in Currency podcast by Anindya Banerjee. USDINR remains well supported above 82 levels ahead of US FOMC minutes and US CPI. In crosses, Rupee has strengthen against the Euro, GBP and JPY.
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Global cues are majorly positive for dollar rally on the back of cocktail of risks. In crosses, Rupee can see some strength.
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks. Nifty 17,340 will be major resistance level for today, while Nifty 17,050 will be an important support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty,
Bank Nifty, FMCG, Metal and Mid-cap company stocks.
#Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
Highlights of 10th October '22 Fundamental Weekly Podcast
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Last week, Nifty Index gained 1.29%, following the trend of major global equity markets.
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FPI’s still remains sellers of Indian equities. Month till date, FIIs have been net sellers to the tune of Rs.36.55 cr.
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The fall in job openings in the US and lower-than-expected rate hike by the Australian Central Bank imbibed hope among investors that global rates may peak soon.
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PICK OF THE WEEK – ZOMATO BUY TARGET - Rs 90.
Zomato continues to focus on contribution margin (CM) improvement, which in the near term is likely to be driven by better revenue monetization.
Your weekly market outlook is here, with Rini Mehta. Tune in to form your trading strategy.
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks. Nifty 17,200 will be major resistance level for today, while Nifty 16,800 will be an important support level. The strategy should be to buy select strong companies between the 16,800 and 16,600 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Financial, Pharmaceutical and exploration company stocks.
#Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
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Commodities largely traded higher amid supply tightness concerns, while recovery in dollar on Fed’s commitment to tame inflation attempted to limit gains.
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Repeated hawkish commentary by Fed officials added to signs of undeterred Fed’s monetary tightening expectations.
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Gold closed the week 1.7% higher but retreated from higher levels and closed near $1700/oz as signs of robust U.S. labor market added to bets of another 75 bps rate hike.
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COMEX silver too slipped from $21/oz but still close 5% higher near $20/oz.
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For the week bears might try to keep the prices lower as speeches by several Fed members and FOMC meeting minutes are likely to reiterate on the tightening stance.
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Renewed dollar strength might limit the gains in oil prices this week.
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Commodities might trade sideways to lower for the week as dollar may see extended recovery on increased prospects of a hefty interest rate hike.
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U.S. retail sales and inflation data will be watched closely for more clues on the economy.
APN:
Dollar may see recovery on rate hike prospects
U.S. retail sales and inflation data in focus
Find out in our weekly commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee. USDINR could see more upside lead by rising oil prices, renewed strength in the dollar index, and rising US bond yields. Key data to watch will be the US jobs report tonight
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 17,430 will be major resistance level for today, while Nifty 17,180 will be an important support level. The strategy should be to buy between levels of 17,250-17,200 with a stop loss at 17,180, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, Financial, IT, and commodity stocks.
#Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
Get a full trading strategy here for Nifty, Bank Nifty, and sector-specific stocks.
Nifty 17,470-17,425 will be major resistance levels for today, while Nifty 17,200-17,180 will be important support levels. Buying on intraday corrections and selling on rallies would be the ideal strategy for the day traders, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, NBFC, Financial, and IT stocks.
Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR can remain rangebound due to mixed global cues. Focus on Option strategies
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR can open lower due to fall in the us bond yields and dollar index. Softer US Eco data also triggered a sharp rally in global equities. Overall it may continue to be erratic within a broad range of 81 and 82.
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Get a full trading strategy here for Nifty, Bank Nifty, and sector-specific stocks.
Nifty 17,250-17,080 will be major resistance levels for today, while Nifty 16,850-16,600 will be our support levels. The strategy should be to initiate long position and place the final stop-loss at 16,850, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank
Nifty, Financial, Commodities, and Upstream Companies stocks.
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Get forex market and rupee movement updates on the go with Kotak Securities
Currently in Currency podcast by Anindya Banerjee. USDINR may be in for a rangebound price action over this week between 81 and 81.90 levels on spot. One can focus on short options strategies.
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
Nifty 17,250 - 17,200 will be major resistance levels for today, while Nifty 16,900-16,600 will be important support levels. It is recommended to buy only on bullish reversal formations, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, consumption related and upstream companies stocks.
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Highlights of 3rd October '22 Fundamental Weekly Podcast
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The market recovery on Friday halted weekly losses to some extent. Correction in BSE midcap and BSE Smallcap index was a tad higher as compared with Sensex 30 and Nifty 50.
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The RBI monetary policy committee hiked the repo rate by 50 bps to 5.9%. - The RBI policy is on expected lines and inflation expectations are steady as in the last quarter is positive despite elevated.
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FPI’s remained sellers of Indian equities last week. Month till date, FIIs have been net sellers to the tune of Rs 18,038 cr.
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PICK OF THE WEEK – JK Paper (JKP) BUY TARGET - Rs 450. JK Paper reported strong performance (116% YoY). Strong operating performance and lower tax outgo led to 151% YoY and 55% QoQ growth in PAT to Rs 264 cr.
Nifty 17,000 - 16,900 will be major resistance levels for today, while Nifty 16,650 - 16,600 will be important support levels. The strategy should be to buy between 16,650 and 16,600 levels keeping a stop loss at 16,500, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, FMCG, Auto and Pharma stocks.
#Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
USDINR can see high volatility due to RBI policy. In crosses, traders are loving GBPINR due to super volatility.
USDINR is expected to open lower tracking the softer us bond yields and UK bond yields and higher stock prices. Bias remains upward as long as prices sustain above 81.50 on Oct futures.
Nifty 17,250 - 17,070 will be major resistance levels for today, while Nifty 16,790 will act as a key support level for today. The strategy should be to buy if the market is holding above the level of 16,900 in the second half of the trading session, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Financial, IT, and Metal stocks.
#Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
Join Sahaj Agrawal in this Weekly Expiry update to get key insights. Reversal attempt likely - support at 16750-16800
Nifty 16,850 a crucial level; Financial and IT stocks in focus
Nifty 17,200 - 17,150 will be major resistance levels for today, while Nifty 16,850 will act as a key support level for today. The intraday structure of the market is non-directional, level-based trading would be the ideal strategy for day traders, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Financial, IT, and FMCG stocks.
Nifty 17,200 - 17,150 major resistance levels
Nifty 16,850 a crucial support level
Get a full trading strategy here for Nifty, Bank Nifty, and Financial and IT stocks.
USDINR May inch towards 82 levels as the dollar index continues to surge on the back of a surge in US yields.
Nifty 17,170 major resistance level; Capital goods and Infra stocks in focus.
Nifty 17,200-17,170 will be major resistance levels for today, while Nifty 16,980-16,850 will act as key support levels. The strategy should be to buy in select companies with a medium-term view, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, capital goods, and Infra company stocks.
Nifty 17,170 a major resistance level
Nifty 16,980 - 16,850 key support levels
Get a full trading strategy here for Nifty, Bank Nifty, Capital goods, and Infra company stocks.
USDINR May open lower tracking weak oil prices but due to global turmoil, it is expected to find buyers at lower levels. In crosses, keep your guns trained on GBPINR.
USDINR is expected to open the gap up due to the massive rally in the dollar index. The bias remains upward. Keep your eyes trained on GBP due to massive volatility and trading opportunities.
Nifty 17,400 key resistance level; Auto and FMCG stocks in focus
Nifty 17,600-17,400 will be important resistance levels for today, while Nifty 17,200-17,000 will act as support levels. The strategy should be to buy top select stocks from the Nifty50 between 17,200 and 17,000 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, FMCG, and Auto stocks.
Nifty 17,400-17,600 key resistance levels
Strategy to buy select stocks between 17,200 - 17,000
Get a full trading strategy here for Nifty, Bank Nifty, FMCG, and Auto stocks.
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The Nifty index closed 1.2% lower in the past week, while the Sensex closed at the lowest point of the weekly close at 58,098.
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After being net sellers in the past for a few months, FIIs turned net sellers month till date to the tune of Rs 2,445 crore. We expect FPI flow to remain volatile in the coming months.
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The U.S. Fed’s hawkish tone on interest rates and the fear of a global recession has fuelled pessimism among investors.
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The INR plunged 1.4% against the US$ to close at Rs 80.8/US$.
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PICK OF THE WEEK – Indigo – InterGlobe Aviation – BUY. Target: Rs 2,710. Our assessment of the trajectory of yield and cost, as well as new competitors, bodes well for InterGlobe Aviation’s spreads from hereon. Travelers are getting comfortable spending on air travel and are looking beyond rail travel even for travel booked much in advance.
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Company Update - INOX. We expect business to gradually recover. Separately, the PVR-INOX merger is almost certain given the CCI’s recent rejection of a complaint against it.
APN:
InterGlobe Aviation among top stock picks
FIIs turn net sellers in September
Your weekly market outlook is here, [FirstName]. Tune in to form your trading strategy.
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Global risk appetite may continue to remain low as speeches by ECB President, Federal Reserve chair, and several FOMC members will be closely watched.
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Spot Gold in U.S. Dollar terms might continue to trade lower amid a breakdown below $1670/oz. Silver might follow.
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Crude oil and natural gas near important supports. Any breakdown might pull them further lower.
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Amongst the base metals, aluminum looks weaker.
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The U.S. Dollar has been dominating for the last 5 out of six weeks as hawkish FED and Putin’s mobilization of 300k Russian troops has taken it to a fresh two-decade high.
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The volatile situation in Russia will keep markets nervous.
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The focus for the week would be on U.S. GDP, Core PCE, and China's manufacturing PMI data for clues on the economic situation.
APN:
Spot Gold might continue to trade lower
U.S. GDP data in focus
Find out in our weekly commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.
USDINR can open a gap higher above 81 and bias remains upward due to global factors. However, watch out for RBI intervention. In cross INR, bias remains downward in the euro and GBP
Nifty 17,750 a key resistance level; Auto and cement stocks in focus
Nifty 17,900-17,750 will be important resistance levels to watch out for today, below which Nifty will take support at 17,500-17,400, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sectors like automobile, mid-cap IT, and select cement companies.
Nifty 17,900-17,750 key resistance levels
Nifty 17,500-17,400 major support levels
Get a full trading strategy here for Nifty, Bank Nifty, and sectors like automobile, mid-cap IT, and select cement companies.
USDINR is expected to clock a fresh all time high around 80.30 on spot. A very hawkish Fed and aggressive Putin can continue to drive US Dollar Index higher and thereby exerting an upward pressure on USDINR. Our bias is upward. In cross INR, our bias remains downward and we expect downward trend to continue in EURINR, GBPINR and JPYINR.
Benchmark indices witnessed range-bound movement, with Nifty closing down 98 points while Sensex was down 263 points. Among sectors, the metal index corrected sharply, falling over 2 per cent, while the FMCG index outperformed, rising over 1 per cent. Technically, on the daily and intraday charts, the index has formed a lower top, which is negative. We believe the Nifty may decline further below the 17700 level to the next support level at 17550 or 17450. However, it should not break the level of 17400, which is the trend decisive level for the market and if it breaks then the Nifty would fall to 17200 or 17166 levels, which was its previous support level. Since it is the weekly expiration day of index options, we need to be prepared for the possible consequences.
On the other hand, if the market holds on to 17550 and starts ticking above 17600 it would again reach 17750/17800, which was its ultimate resistance zone. Despite a lower opening, If the Nifty remains above the level of 17600 then there should be a strategy to buy select stocks. RESIS -17600/17750 SUPPORT 17550/17450.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Momentum missing - Resistance seen at 17950
Nifty 17,950-17,800 major resistance levels; steel stocks in focus
Nifty 17,950 - 17,800 will be important resistance levels to look out for today, below which Nifty 17,700 will an important level for support. Within an intraday view, if Nifty trades below the level of 17,700, it should be a strategy to sell it, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and steel stocks.
Nifty 17,700 an important level
Nifty 17,950 - 17,800 key resistance levels
Get a full trading strategy here for Nifty, Bank Nifty, and steel stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is expected to drift higher ahead of US fed meeting tonight. Strong dollar index and weak Asian equities can drive the pair higher
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
USDINR is rangebound but there is also a positional short opportunity in the pair. In crosses, we may see some upside ahead of US Fed tomorrow night
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Technically, after the morning selloff, as expected, the index took support between 17400-17450 and bounced back sharply. After a sharp reversal, the full-day indices were hovering between 17580-17665/59000-59250. We are of the view that pullback formation is likely to continue till 17820 or 17860 levels if the index manages to trade above 17700/58900. While falling, the Nifty/Sensex left a bearish breakaway gap between 17820/59720 and 17861/59866. If the market manages to fill it then the short-term bearish will subside. Below the level of 17550, it would drop to the level of 17450 or 17400. For the day, the strategy should be to buy between 17700 and 17650. Place a stop at 17550 for the same. Resistance 17820-18860 Supports 17550-17400.
Highlights of 19th September '22 Fundamental Weekly Podcast -
The Nifty Index lost around 1.7% in the past week. Indian markets posted small losses on relative basis on hopes of continued growth momentum. - IT services and oil & gas were the top losers in the week, while metals, banks and autos were the top gainers among major sectors.
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August CPI inflation rose to 7%, while July IIP growth moderated sharply to 2.4%.
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U.S. inflation data for August came at an unexpected 8.3%. Initial jobless claims came in better than expected, but import prices saw a smaller drop than estimates suggested.
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FIIs were net buyers to the tune of Rs.1,916 crore till date in September so far. FIIs flows are expected to remain volatile in the near term given the headwinds in terms of monetary tightening, rising inflation, geo-political concerns, etc.
PICK OF THE WEEK – Max Financial Services (MFSL). BUY TARGET - Rs. 1000. Max’s overall performance was on expected lines. Investments in proprietary channels will likely yield good results in the medium term.
Key events in the coming week are the Fed, BOJ and BOE interest rate decision and manufacturing and services PMI from the U.S. and Europe.
Find out in our weekly commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.
Highlights of this week's Commodity Podcast: - Commodities ended largely lower on stronger U.S. dollar and weaker risk sentiment. - Gold slipped to April 2020 lows, while silver ended higher; industrial metals fell barring nickel; crude and natural gas ended with modest losses. - The U.S. dollar rose for a fourth time in five weeks on expectations of aggressive moves by the Fed. - U.S. consumer price rose 8.3% on the year in August as against forecast of 8.1% growth. - U.K. consumer price rose 9.9% on the year in August after a 10.1% growth a month ago. - China’s industrial production rose 4.2% on the year in August as against forecast of 3.8% growth; retail sales rose 5.4% as against forecast of 3.5% growth. - China’s Chengdu city lifted some restrictions as virus spread came under control. - Major U.S. railroads and unions secured a tentative deal averting a rail strike. - IMF says global economic outlook remains downbeat and some countries are expected to slip into recession in 2023. - World Bank said the world could be edging towards a global recession in 2023. - Saudi Arabia and Russia are looking at $100 oil as a fair price good for all.
Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks. Nifty 17,800 will act as a major resistance level for today, below which the index may fall to Nifty 17,100 level or worse case to 16,900 level for support. As we face major Fed Policy event on Thursday, we should be level-based traders keeping close eye on macro factors, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
#Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
USDINR can stay range bound due to lower oil prices and FPI inflows. However, in cross INR we could see rupee strengthen more. Major event risks over this week by way of central bank meetings.
Nifty 17,850-17,800 will be important levels to watch out for the day, below which the index may fall to Nifty 17,750-17,000 for support levels. The traders should be cautious while adding long position on dips in today's date, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
#Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
USDINR could test the critical resistance zone near 80.00/80.10 on spot due to weakness in Chinese currency. In crosses, euro and GBP can see further weakness due to global risk aversion
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,925 will be an important level to watch out for today, below which the index may fall to 17,750-17,600 levels. The strategy should be to reduce weak long positions between the 17,800-17,900 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and sector specific stocks.
#Technical #podcast #KotakSecurities #stockmarket #technicalanalysis
USDINR can gap up due to massive rally in dollar index and sell off in global equities. In crosses, Rupee can do well against three currencies.
#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Today, Nifty 17,800 will act as a major support level, on the higher side Nifty 18,000 will be our key resistance level. The strategy should be to by dips between 17,900-17,800 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Commodities and IT stocks.
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Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR could get close to it’s important support zone near 79.20 ahead of US CPI. In rupee crosses, we could see a mild upward drift in euro and gbp
Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro
Highlights of this week's Commodity Podcast:
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Commodities ended largely higher on weaker U.S. dollar and improved risk sentiment.
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The U.S. dollar index ended lower for the first time in 3 weeks on reduced safe haven demand.
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ECB raised interest rate by 0.75%, in line with expectations, and pointed towards further hikes.
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China’s trade surplus narrowed to $79.39 billion on slower exports growth; exports rose 7.1% as against a forecast of 12.8% growth.
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China’s city of Chengdu extended a lockdown for most of its more than 21 million residents.
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E.U. energy ministers discussed a plan to put a price cap on Russian gas but failed to reach a consensus.
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Russian President has threatened to halt oil and gas exports to Europe if price caps are imposed.
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The U.S. Energy Department says White House was not considering new releases from the U.S. strategic petroleum reserves.
Highlights of 12th September '22 Fundamental Weekly Podcast
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Both Sensex and Nifty gained 1.7% over the past week. The markets were buoyed by falling crude oil prices and a decline in domestic bond yields.
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August exports, at $33 bn, contracted by 1.1% YoY, while August imports, at $61.7 bn, increased by 37% YoY.
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FII have been net buyers in September so far to the tune of Rs. 3,837.56 crore.
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FIIs flows are expected to remain volatile in the near term on the back of monetary tightening, rising inflation, and geo-political concerns.
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Any meaningful fall in crude oil prices will be positive for Indian economy.
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PICK OF THE WEEK – CESC. BUY TARGET - Rs. 100. CESC reported strong headline growth (28% YoY) primarily on the back of higher unit sales. Lower effective tax rate of 17% helped in boosting PAT growth (+5.5% YoY).
Nifty 17,600 a major support level; Technology stocks in focus
Nifty 17,600 will act as a major support level for today, below which the Nifty could fall to 17,400-17,200 levels. On the other hand, Nifty 18,000 will be a crucial level to watch for on the higher side, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, small-cap, mid-cap and technology stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR remains rangebound but the bias is slightly downward due to global risk on mood and soft dollar.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,650 will act as a support level for today, above which the index can rally upto 17,900 - 18,000. The strategy should be to look for adding long positions if there is any correction, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Financial and Metal stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
Rupee may strengthen due to lower oil prices and overnight weakness in the dollar index. In cross-currency, there can be some upside over today.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Bias remains positive with support of 17450
Nifty 17,800 a major resistance level; Media and Auto stocks in focus
Nifty 17,400 will act as a support level for today, while Nifty 17,800 will be a major resistance level. Above 17,800 the Nifty can see the levels of 17,900-17,950, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, Media and Auto stocks.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,350 will be an important level to watch out for today and a close below 17,350 could send the markets to 17,166 levels. The strategy should be to reduce long positions between Nifty 17,500-17,600 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, metal and energy stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is expected to maintain a slow upward drift. Global cues are dollar positive and hence our bias remains upward in the pair. In cross-inr pairs, trend is expected to be downward.
USDINR May continue to oscillate within a 1% range of 79.30 and 80.10 on spot basis. Selling options is advisable. In crosses, positional view remains bearish on Euro and GBP
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR may drift upward towards a fresh all-time high, as US Dollar Index surges to fresh two-decade high and Asian currencies weaken against the USD. In cross currencies, we remain bearish on all three pairs: EURINR, GBPINR, and JPYINR.
Nifty 17,730 a major resistance level; IT stocks in focus
In the last week, the benchmark indices witnessed volatile activity. Nifty 17,400 will be a major support level for today, while Nifty 17,730 will be a key resistance level, however above 17,730 the index could move up to 17900, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and IT stocks.
Commodity Market Analysis and Outlook- Metals and Energy- 05th Sept- 09th Sept
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Commodities fell sharply on firmer U.S. dollar, growth concerns and sell-off in European gas prices.
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The U.S. dollar index jumped to 2002 high on expectations of aggressive moves by the Fed.
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U.S. non-farm payrolls rose by 315K as against forecast of 300K rise; unemployment rate rose from 3.5% to 3.7%.
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China’s Chengdu region put its 21 million people under lockdown while Shenzhen extended curbs on public activities.
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Germany's gas storage facilities on Friday reached the October goal of 85%.
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G-7 finance ministers agreed to impose a price cap on Russian oil.
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Russian gas supply from Nord Stream pipeline not to resume post 3 days maintenance.
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Key event in the coming week is ECB monetary policy decision; market players debating between 0.5% or 0.75% hike.
Highlights of 5th September '22 Fundamental Weekly Podcast
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BSE-30 and Nifty-50 returns were flat but remained volatile during the week.
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India’s Q1FY23 real GDP grew by 13.5%, aided by private consumption growth.
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GST collections remained buoyant and manufacturing PMI was healthy for August 2022.
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Crude oil prices have been volatile, and the U.S. 10-year bond yield has gradually moved up to 3.25%.
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FIIs were net buyers in the month of Aug’22 to the tune of Rs 22,025.6 cr.
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Indian cement sector will recalibrate on multiple fronts in the next 3 years. We expect demand to grow at 7% CAGR in FY2022-26E. UltraTech Cement and Dalmia from the sector are well-placed on multiple fronts in the long term.
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Pick of the Week – GHCL. Buy Target - Rs 715. Realisation in Q1 grew 80% YoY, as the company has taken two round of price hike and expect the benefit to flow in 2QFY23 as well.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,400 will be a major support level for today, while Nifty 17,725 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR could be in for rangebound trading, making it lucrative for option sellers. But the real action is in Euro, GBP and JPY, which are in strong downward trends.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR faces downside risk due to the long liquidation environment. Global cues are mixed. In cross-currency, Rupee can continue to strengthen against all 3 currencies.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,400 - 17,500 will be a key consolidation range to watch out for today and one should take contra bets at these levels. On the lower side, Nifty 17,100 will be a key level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR may see a slow upward drift due to strength in the US dollar index. But the pace of up move can be slow due to the lack of FPI outflows and rangebound price action in EuroUSD.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,100 is a key support level, while Nifty 17,600 will be a major resistance level to watch out for today, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select specific stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is expected to move to a fresh all-time high, lead by strong very strong dollar index and weak equity markets. In crosses, all trend pairs are expected to remain under selling pressure.
Get a fundamental perspective on the week with Rini Mehta.
Highlights of 29th August ’22 Fundamental Weekly Podcast
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The Nifty Index declined 0.9% in the past week.
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Sectors such as IT services, metals and oil, gas & consumable fuels were the top losers, while capital good sector witnessed gains.
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At Jackson Hole Symposium, Mr. Powell said that the Fed is going to remain hawkish much longer than people had anticipated.
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Month till date, FIIs have been net buyers to the tune of Rs.18,421 cr mainly on account of improvement in corporate and macro fundamentals.
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FPI flows to remain volatile in the emerging markets on account of rising geo-political risk, rising inflation, tightening of monetary policy by central banks.
-The emergence of a rare, new viral Infection-Tomato Flu- afflicting young children has prompted health authorities in India to issue a health advisory.
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Pick of the week – SIS Ltd. SIS posted an EBITDA margin of 4.5%, which was 40 bps ahead of the estimate with India security business up 2.1% QoQ indicating growth revival
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Other Picks- Mahindra & Mahindra Ltd (M&M): Buy target : Rs 1,450. The co. targets to reach 20-25% of EV mix in its UV portfolio by 2027 and to embark upon a growth journey from consolidation phase along with prudent capital management.
Commodity Market Analysis and Outlook- Metals and Energy- 29th Aug - 2 Sep 2022
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Commodities ended mixed as firmness in the U.S. dollar countered China stimulus measures and supply concerns.
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The U.S. dollar index tested 5-week on hawkish comments from Fed officials.
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Fed Chairman Powell said that the U.S. economy needs tight policy for some time before inflation is under control.
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U.S. 1-year inflation expectations fell to an 8-month low of 4.8% from 5.2% in July.
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Russian gas flows on the Nord Stream 1 pipeline will be suspended for the 3-day period from Aug 31st to Sep 2nd.
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British energy regulator Ofgem lifts gas, electricity price cap by 80% to 3,549 pounds.
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China stepped up its economic stimulus with a further 1 trillion yuan ($146 billion) of measures to bolster growth.
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Key events in coming week includes U.S. non-farm payrolls data, manufacturing PMI from the U.S., Europe and China.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,450 will be a key support level today, while Nifty 17,760 will be a key resistance level. The strategy should be to reduce long positions between 17,650 - 17,750, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select specific stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR may remain rangebound ahead of Powell speech tonight. We expect the narrow range to break next week.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,500 will be a key support level for today and Nifty 17,750 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Range bound movement with negative bias expected.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is may remain rangebound between 79.60 and 80.00 for the time being, due to lack of fresh triggers.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,500 will be a major support level for today, while Nifty 17,750 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is expected to open slightly lower due to softer US economic data overnight. However, risk-off sentiments and recovery in US Dollar Index would keep the bids alive. In crosses, Euro and GBP can remain under selling pressure.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,350 will act as a support level for today and Nifty 17,600 will be a key resistance level to watch out for. The strategy should be to buy between 17,400- 17,300 levels with a stop loss at 17,200, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR may continue to see an upward drift due to hostile global conditions. Dollar index is moving higher and so are US bond yields. Equity sell-off weakness in Chinese currency is an add-on negative.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,600 is an ultimate support level and Nifty 17,950 will be a key resistance level to watch out for today. The strategy should be to buy on bullish reversal formation between 17,600- 17,675 levels with stop loss at 17,600, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR May continue to drift higher due to the strong dollar index, the risk-off mood in equities, and the weak Chinese currency.
Key events this week include Jackson Hole Symposium, U.S. GDP growth estimate, manufacturing and services PMI from U.S. and Europe.
Find out in our weekly commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.
Highlights of this week's Commodity Podcast:
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Commodities end sharply lower on firmness in the U.S. dollar, weaker demand outlook.
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The U.S. dollar index rose to 1-month high on safe haven buying, Fed’s tightening debate.
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Fed officials saw a need to eventually dial back the pace of interest-rate increases and warned against over-tightening but also flagged the risk of inflation becoming entrenched, as per FOMC minutes.
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Euro-zone consumer price rose at a record 8.9% pace in July in line with expectations.
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U.K. consume price rose 10.1% on the year in July, the fastest in 40 years.
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Nyrstar will shut its Budel zinc smelter in the Netherlands from Sept. 1st.
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Norsk Hydro is planning to shutter an aluminium smelter in Slovakia at the end of next month.
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Local governments have room to issue an extra 1.55 trillion yuan in special debt and bonds this year to support infrastructure investment.
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Indonesia said China’s Xi Jinping and Russia’s Vladimir Putin plan to be at a Group of 20 summit in Bali later this year.
Highlights of 22nd August ’22 Fundamental Weekly Podcast
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BSE Midcap & Smallcap index outperformed the Sensex and Nifty.
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India’s July 2022 CPI inflation saw moderation.
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Marginal decline is being witnessed in oil prices.
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Recent market rally possibly reflects increasing expectation about peaking of inflation, commodity price correction and decent earnings visibility.
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Month till date, FIIs have turned net buyers to the tune of Rs 16,859 crore.
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Pick of the week – MAX HEALTH. Max delivered another strong performance in 1QFY23 with key growth initiatives like ongoing bed expansion, target reduction in institutional mix and recovery in international footfalls are well on track.
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Other Picks- UPL. As per the management, the demand outlook remains positive, with crop prices likely to rise on the back of drought in Europe and the U.S. Midwest, while margins could possibly improve as input costs correct in coming quarters.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,700 will be a major support level for today and Nifty 18,200 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial, auto, FMCG, pharma and commodity space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is going to see upside due to weakness in the Chinese currency and the US Dollar Index. However, one needs to careful about central bank intervention near 80 levels on spot.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,850 will act as a major support level today, below which we can see corrections till 17,700. On the other hand, Nifty 17,950-18,000 will be a major resistance level range, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the NBFC and FMCG space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR can continue to oscillate between 79 and 80 levels on spot. Trade strategies need to be tweaked to benefit from this range play. In majors, Euro and GBP, both remain weak due to poor macroeconomic situations in Europe.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,600 - 17,750 will act as a key support level range today, while Nifty 17,950 will be a major resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select specific stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee
USDINR is expected to open lower, tracking lower oil prices and improved risk sentiment. But higher dollar index and weaker Chinese currency can limit the downside in the pair.
Commodity Market Analysis & Outlook- Metals and Energy- 15th-19th Aug 2022
The key events include the FOMC minutes and the Eurozone inflation data.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,550 will act as a key support level for today, while Nifty 17,730 will be a major resistance level. The short-term structure is bullish and the strategy should be to buy on dips with a stop loss at 17,450, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and specific stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may remain rangebound. In cross-currency, the euro can see more upside.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Sentiment remains positive above 17360, he says.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,750 - 17,800 will be the levels to watch out for today. Above Nifty 17,800, the next level to watch out for would be 17,950, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from IT, pharma, and commodity space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is going to open lower tracking the weaker dollar index and higher equity markets. Bias remains slightly downward with 79 as key support. Focusing on option selling strategies.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,350 will act as a key support level today. On the higher side, Nifty 17,550 will be the short-term resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto, IT and pharmaceutical space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR May remain rangebound ahead of US CPI inflation report tonight. One can look to sell options to benefit from the rangebound price action in the pair and elevated implied volatility.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,100 will act as a crucial level today, below which we can expect a steep decline to 16,800 levels. On the other hand, Nifty 17,500 will be the resistance level range, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select specific stocks.
The key events include the U.S. inflation and UK GDP data.
Get the full market update and strategy for Gold, Silver, Crude Oil, and base metals.
Highlights of this week's Commodity Podcast:
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Commodities ended mixed on U.S. dollar rebound, growth concerns and geopolitical tensions.
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Gold tested 1-month high but then corrected sharply; Zinc gained more than 5% while crude oil slipped to February lows.
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The US dollar index ended higher for first time in three weeks on hawkish Fed comments and U.S. jobs report.
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U.S. jobs rose by 528,000 in July as against market expectations of a 250K rise; unemployment rate fell from 3.6% to 3.5%.
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Bank of England raised interest rates by 0.5% and warned that the UK will fall into recession this year.
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China’s trade surplus widened to $101.26 billion in July; exports rose 18% while imports gained 2.3%.
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China on Saturday warned the U.S. not to "stir up a bigger crisis" over Taiwan.
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The southern Chinese resort city of Sanya imposed a lockdown on Saturday.
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The key events this week include the U.S. and China inflation, UK GDP and industrial production.
Highlights of 8th Aug ’22 Fundamental Weekly Podcast
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Both Sensex & Nifty Index gained ~1.4% over the past week.
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Global equity markets continued their strong rally on expectations of peaking interest rates in the US.
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On the economy front, GST collections were strong for June (collected in July) at Rs 1,490 billion.
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RBI’s MPC hiked the repo rate by 50 basis points taking the policy rate back to the late-2019 levels.
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FIIs have turned net buyer till date in the month of August to the tune of Rs 5,385.73 crore.
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Weekly pick: JK Paper - The company enjoys superior margin and has enough room to scale up the production.
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Other picks: Voltas - The company’s 1QFY23 earnings missed expectations by a wide margin. We cut FY2023-25E EPS by 7-18%.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR May see a slow upward drift, thanks to a very strong US Jobs report on Friday.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR seems to be building a base just under 79 levels . Bias is slightly upward but the pace of move could be slow. In crosses, GBP in focus due to BOE tonight
Nifty 17,200 a strong support level; IT stocks in focus
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,200 will act as an important support level.
Nifty 17,450 will be a crucial resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select specific stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is holding support near 78.50. The next move will depend on whether prices sustain above this support or breakdown below. Fed talk has turned hawkish once more and that can offer slim support to the pair.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,150 - 17,250 would be crucial support levels to watch out today. The strategy should be to add long positions at 17,150-17,250, with a stoploss at 17,100. On the higher side, Nifty 17,450 will be a crucial resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.
USDINR is expected to head lower, tracking weaker oil and US bond yields. Keep an eye on the ego-political pot boiler: Taiwan.
Highlights of the Commodity Podcast:
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Commodities rise for a second straight week as the U.S. dollar corrects further on Fed debate.
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Bullion, base metals, and energy all ended higher with zinc and silver coming out as the best performers.
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The U.S. dollar index fell for a second week on Fed's interest rate decision and disappointing GDP data.
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The Fed raised interest rate by 0.75%, in line with expectations; Fed Chair says central bank may slow down for some time.
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U.S. GDP fell 0.9% in Q2 after a 1.6% decline in the first quarter.
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Gazprom PJSC cuts natural gas supplies via Nord Stream to the European Union to about 20% of the pipeline’s capacity.
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The Politburo, the Communist Party’s top decision-making body, urged efforts be made to “strive for the best outcome” for economic growth.
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Japan will allow local authorities to invoke countermeasures against the spread of COVID.
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Key events for this week are the U.S. non-farm payrolls data, Bank of England's interest rate decision, and manufacturing and PMI data from the U.S. and Europe.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may see a little more downside as global factors remain mixed and here long liquidation continues. In crosses, GBP will be in focus due to BOE meeting this week.
Get a fundamental perspective on the trading week with Rini Mehta.
Weekly Pick: M&M finance: The company’s strong asset quality performance in 1QFY23, underpinned by a strong rural economy, makes it easier to sail to forthcoming headwinds.
- Other pick: Bluedart: Given the improving macro outlook and leadership of Bluedart, revenue and earnings for Bluedart are expected to remain strong in the near term. The company’s sales were with low double-digit volume growth.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,200 will be a major level to watch out for in today's trade, while 17,300 will be the next crucial zone for the market. On the lower side, Nifty 17,000 would act as a support level for today, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR May soften further due to risk on mood in global markets. In crosses, GBP May continue to outperform Euro due to better risk sentiments.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,750 will be a major resistance level in today's trade. The strategy should be to buy on dips, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and IT space.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Trend remains negative - selling expected amidst high volatility.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Fed hinted at a slower pace of hikes in the upcoming meetings and that pushed the US Dollar lower overnight. We could see the low volatility phase continue in USDINR, which could offer better trading opportunities for option sellers.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,300 will act as a support level for today, while Nifty 16,600 will be the key resistance level. The strategy for positional traders should be to buy at Nifty 16,420-16,360 levels with a stoploss at 16,300, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the commodity, auto, and financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Currencies are expected to be rangebound today, ahead of the US Fed tonight. Avoid shorting straddles and strangles ahead of Fed as vols are ultra-low and intra-day the decay can be quite low due to expected to pick up in vols during the day.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,480 will act as a support level for today, while Nifty 16,750 will be the key resistance level. The strategy for positional traders should be to buy at Nifty 16,500-16,480 levels with a stoploss at 16,340, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the commodity, auto, and financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may remain rangebound with a slight downward drift till Fed meeting tomorrow, due to global risk on mood and slightly weaker US Dollar Index. In crosses, upmove can be seen.
Highlights of this week's Commodity Podcast:
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Commodities end 5-week losing streak as the US dollar succumbs to profit taking.
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Gold recovers from March 2021 lows to end higher.
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Industrial metals end higher led by nickel; crude ends little changed.
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The US dollar index ended lower marking its first decline in four weeks; disappointing US data and reduced safe haven buying weighed on the US dollar.
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US DJIA index ended higher for the second time in three weeks; Chinese markets recovered after two weeks of losses.
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ECB raised interest rate by 0.5% to bring inflation under control; Bank of Japan reaffirms support for accommodative policy.
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US services PMI fell to 47 in July reflecting contraction in the sector.
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ADB cut GDP growth forecast for developing Asia from 5.2% to 4.6%.
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WHO declared monkeypox a global health emergency with cases reaching 75 countries.
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Key events in the coming week include Fed decision, US GDP and consumer confidence data, and Euro-zone CPI.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,500 will act as a major support level. Nifty 16,800 will be the resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select specific stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may enter a phase of correction and consolidation, aided by pullback in oil prices and FPI flows turning positive. However, with global risk sentiments still fragile, downside can be limited. Sharp pullbacks can be bought into with proper stop losses. In cross Rupee pairs,. volatility can be high due to US FOMC this week.
Highlights of 25th July ’22 Fundamental Weekly Podcast
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Equities witnessed strong rally this week with benchmark indices like BSE-30 and Nifty-50 index posting returns of ~4%.
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Markets are likely to track the upcoming Fed Reserve meet, currency movement and quarterly results.
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FIIs continue to remain net seller to the tune of Rs 6,421.84 crore till date in the month of July till date.
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FPI flows likely to remain volatile.
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Weekly pick: ICICI Prudential Life Insurance Company - The company reported 32% growth in VNB on the back of 25% growth in APE in 1QFY23, supported by a favorable base.
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Other picks: PVR - The company’s 1QFY23 EBITDA surpassed 1QFY20 levels on the back of 93% recovery in footfalls, 23%/32% growth in ATP/SPH, 2% lower fixed costs/screen.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,500 will act as a major support level today, while Nifty 16,700 will be the resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
FPI flows turning positive is a nascent positive factor for the rupee. The pair can sleep into a range for the time being. In crosses, keep an eye on GBPINR, as traders will react to retail sales and flash PMI.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Range bound possible - support only at 16140
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,400 will act as an important level today, while Nifty 16,600 will be the resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the FMCG space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Rupee has been underperforming its peers over the past few trading session. This is concerning. Bias continues to be upward on USDINR. In cross INR, the focus will be on EURINR and JPYINR, due to central bank meetings.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,275 will act as a major support level. Nifty 16,450 will be the resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, auto and financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR May open lower tracking high equities and lower dollar index. The pair can be a rangebound play. In crosses, GBP and Euro can see more upside due to hawkish expectations from their respective central banks and Russian gas flow.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,130 will act as a major support level, while Nifty 16,450 will be the resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in upward trend. Incase of a clear breakout above 80.10/15 levels on futures, upside momentum can increase. In cross, GBPINR to be in focus due to jobs data.
Disclaimer: bit.ly/longdisc
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,850 will act as a major support level. On the higher side, we can expect bullishness above Nifty 16,060 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto, metals, and financials space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is expected to open gap down due to softness in DXY but the overall bias remains upward. In crosses, some corrective price action can be seen but bias remains downward.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR can continue to benefit from a fragile risk sentiment and strong US dollar Index. In crosses, euro and Gbp can remain under pressure.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,900 will act as a major support level for today, while Nifty 16,100 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select specific stocks.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,160 will act as an important level for today. Nifty 16,400 will be the resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR May open slightly lower tracking Strong equities and lower crude oil prices. We expect dollar demand at lower levels as trajectory remains upward due to capital outflows. In crosses, Eurinr can be proxy play on EURUSD once it breaks parity.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,000 will act as a major support level for today, while Nifty 16,200 will be a major resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial, auto, and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in uptrend as EuroUSD heads towards parity. Look for fresh long positions, using options. In crosses, EuroINR can remain super active today. Trend can be bearish on all three cross INR pairs.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,900 will act as a major support level, while Nifty 16,400 will be the resistance level for today, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and auto space
Highlights of the commodity podcast:
-Commodities ended lower as firmer US dollar and growth worries offset China’s stimulus expectations.
-Industrial metals and crude oil ended well off the lows on China’s stimulus expectations; gold hovered near 9-month low.
-The US dollar index rose to a fresh 2002 high on safe haven buying and Fed’s tightening outlook.
-US DJIA index ended higher for a second time in three weeks; Chinese equities fell for the first time in six weeks.
-US non-farm payrolls rose by 372K in June as against forecast of 268K growth; unemployment rate was steady at 3.6%.
-FOMC minutes show that Fed is likely to keep raising interest rates for longer to prevent higher inflation from becoming entrenched.
-Governor Christopher Waller and St. Louis Fed President James Bullard backed the need for restrictive policy to curb price pressures but argued the US can still avert a contraction.
-Most ECB officials want to raise interest rate by 0.25% in July but some said central bank should not make an unconditional commitment.
-China’s Ministry of Finance is considering allowing local governments to sell $220 billion of special bonds in the second half to accelerate infrastructure spending.
-Beijing said people eligible for COVID-19 vaccinations will have to take the shot before they enter crowded venues.
-Former Japanese Prime Minister Shinzo Abe was assassinated at a campaigning event in Japan.
-Key events in the coming week include US inflation data and China’s GDP, industrial production and retail sales.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR has an upward drift and that can get some impetus from a strong USD overseas and rising US bond yields. In crosses, JPY remains weak as USDJPY is trading at the highest levels since 1998.
Get a fundamental perspective on the trading week with Rini Mehta.
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Equities continued the past week’s recovery trend on increasing hopes of ‘peaking inflation’ with both Sensex & Nifty Index gained 2.75%.
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On the economy front, GST collections for May came in at Rs 1.44 trillion.
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Manufacturing PMI declined from 54.6 in May 2022 to 53.9 in June 2022, while services PMI increased from 58.9 in May to 59.2 in June.
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FIIs continued to be a net sellers till date in the month of July’22 to the tune of Rs 4,543 crore.
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Inflation would be a key driver to watch out for in the near term.
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Weekly pick: Tech Mahindra - The company’s annual report highlights improvement in margins of certain acquired entities such as Pininfarina that were a drag in the earlier year.
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Other picks: Axis Bank - The company's corporate portfolio is nearing peak profitability while retail is showing improvement in asset quality.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may continue to trade within a positive bias as strong US Dollar Index and rebound in US bond yields offer support. Large options OI to be supportive as well. In crosses, Euro remains weak.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,050 will act as a major support level today, while Nifty 16,250 will be a major resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto and FMCG space
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,070 will act as major support level for today. Above 16,070, the Nifty could rally up to 16,200 which is an ultimate resistance level for the market, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto and financials space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Rupee is going to marginally benefit from RBI measures on capital flows but the extent of impact can be limited. A bigger positive remains weak oil and commodity prices. All in all as long 78.90 intact on futures, $ buying interest may remain.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may open lower due to lower oil prices but bias remains upward. In crosses, Euro and GBP can remain under pressure due to worsening macro outlook.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,930-16,050 will be the key levels to watch out for today. The strategy should be to buy if the market drops with a stoploss at 15,650, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty and Bank Nifty and select stocks from the FMCG and financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in a slow upward drift. FPI outflows, Carry trade unwinding and low ECB inflows would continue to drive The pair upward. But we expect aggressive intervention from the central bank.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in an upward trend. With US markets shut, we may not get many moves today.
Get an insight into the commodities market for the week with Madhavi Mehta.
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Commodities fell for another week as growth worries were coupled with stronger US dollar, weaker risk sentiment
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Industrial metals continued to be the worst performers; gold slumped below $1800/oz while crude oil witnessed mixed movement
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The US dollar index edged up on safe haven buying and Fed’s tightening stance
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US DJIA index lower for the fourth time in five weeks; Chinese equities ended higher for the fifth consecutive week
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The US 10-year bond yield slipped to over 1-month low as safe haven buying pushed bonds higher
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Fed Chairman Jerome Powell said there is a risk the US central bank's interest rate hikes will slow the economy too much, but the bigger risk is persistent inflation
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ECB President says said it’s unlikely that the world will soon go back to a low-inflation environment as a result of the pandemic and geopolitics
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Euro-zone consumer price rose at a record pace of 8.6% on the year in June as against forecast of 8.4% growth
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China’s manufacturing PMI moved above 50 level; first expansion in four months
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President Xi Jinping declared COVID Zero the most “economic and effective” policy for China
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G7 leaders reached a broad agreement to seek ways to impose a price cap on Russian oil
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Key events in the coming week include Fed and ECB monetary policy account; US non-farm payrolls report and services PMI from major economies
Join Rini Mehta to get a fundamental perspective on the trading week.
Highlights of 4th July ’22 Fundamental Weekly Podcast
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Equities continued last week’s recovery trend with Nifty losing 0.3%, while the BSE Sensex lost 0.21%.
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The rupee fell to all time low against the U.S. dollar to 79.11, as persistent foreign fund outflows weighed on investor sentiments.
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The US Gross domestic product unexpectedly declined at a 1.4% annualized pace in the first quarter.
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In June’22, FIIs remained net sellers to the tune of Rs. 58,112 crore.
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We expect FPI flows to remain volatile in the emerging markets.
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Weekly pick: SBI Life - The company’s APE (annualized premium equivalent) growth will likely remain robust at 18% CAGR over FY22-24E.
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Other picks: Mangalore Refinery & Petrochemicals - Any meaningful fall in crude oil prices might result in inventory losses for refineries, in general.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,900 will act as a major support level, while Nifty 15,670-15,700 will act as key support levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto and cement space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may open flat, due to suspected intervention. Bias remains upward due to fragile global risk sentiments. However, momentum is missing in action. In crosses, Euro and GBP can see further downward movement.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,670 will act as a major support level. On the higher side, Nifty 15,860-16,000 will be the key resistance levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial, IT, auto, and FMCG space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may open lower tracking global cues. Central bank intervention could be turning heavy around 79 on spot but at the same time, with offshore derivatives quoting a premium to onshore, there can be strong demand at lower levels.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,600 will act as a major support level, while Nifty 15,950 will be the resistance level. Avoid contra bets if the markets open lower, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from various sectors.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR can continue to trade with a positive bias. Global cues will be supportive. But watch out for central bank intervention at higher levels.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,900 will act as a key resistance level for today. The strategy should be to trade long between 15,750 and 15,700 levels with a stoploss at 15,650 or 15,600 for more agressive bets, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, IT, and auto space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR May open at a fresh all time high, tracking global cues. Bias remains upward. But beware of heavy intervention from the central bank.
Get Commodity Market Analysis and Outlook with Madhavi Mehta.
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Commodities led by industrial metals ended largely lower on growth worries.
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Copper slumped to 15-month low while crude oil tested 6-week low and gold held in a range above $1,800.
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US DJIA index ended higher for the first time in four weeks; Chinese equities edged up for the fourth consecutive week.
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China's central bank on Friday increased the injection of liquidity into the banking system through open market operations to keep liquidity stable at end of half year.
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Ukraine on Saturday said Russia was aiming to drag its ally Belarus into the war.
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Germany raised the natural gas alert level as part of a contingency plan after Russia cut supplies to the country.
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Key events in the coming week include manufacturing PMI from major economies, US consumer confidence and GDP growth estimate and Euro-zone inflation data.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,700 will act as a key resistance level for today. Above 15,700, the markets would see short covering till 15,900 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the FMCG, financials, and auto space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may open lower tracking strong equity markets and Asian currencies. Bias remains of a rangebound play. In crosses, EURINR and GBPINR could remain under selling pressure.
Join Rini Mehta to get a fundamental perspective on the trading week.
Weekly outlook: Jubilant FoodWorks Among Top Picks, FIIs Remains Net Seller
Highlights of 27 June ’22 Fundamental Weekly Podcast
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Domestic equity markets ended with positive returns in the past week. Auto sector led the recovery amid softening in commodity prices.
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Correction in crude oil prices from recent peak and softening in commodity prices offered some relief to the markets in an otherwise high global inflation environment.
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Equity markets in the near term are expected to continue reacting to news related to inflation, monetary policy and commodity price movement.
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FII flows continue to remain net sellers in the month of June till date to the tune of Rs. 53,600 crore.
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We expect FPI flows to remain volatile in the emerging markets.
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Weekly pick: Jubilant FoodWorks: The company's 4Q print was a tad soft on expected lines whereas guidance of 250 new Domino’s stores in FY2023E was ahead of expectations.
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Other picks: Sapphire Foods - We expect the company to be one of the fastest-growing QSR chains in India over the next 2-3 years.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,450 will act as a major support level today, while Nifty 15,630 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, metals, and FMCG space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may gap down tracking stronger risk sentiments and lower US bond yields. Bias remains of a range and hence option selling is preferred bet.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,280 will act as a major support level today, while Nifty 15,570 will be a major resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and technology space.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Range bound movement expected - bias remains negative
Disclaimer: bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR has an upward drift, tracking risk of sentiments and weaker Asian currencies. In cross Rupee volatility can be high as flash PMIs are released.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,450 will act as a major support level. Whereas, on the higher side, Nifty 15,900 will be the major resistance level. The ideal strategy should be to add long positions if there is reversal formation after hitting the level of 15,500 with a stoploss at 15,400, or create short positions between levels of 15,650 - 15,750 with a stoploss at 15,900, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may remain rangebound but with an upward drift. Portfolio of strategies, using futures are options are advised. In crosses, JPYINR remains bearish and GBPINR can see high volatility.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,180 will act as a major support level for the traders. Whereas, on the higher side, 15,400 will act as an important level to watch out for. Below the levels of 15,180, Nifty can drop to the levels of 15,100-15,000, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty and Bank Nifty and select stocks from the IT, FMCG, and auto space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR: Risk on mood and softer USD overseas can push USDINR lower. However, the pace of movement will slow. This should allow option sellers to remain in command. In crosses, JPYINR could see more downside.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,600 a key resistance level, Nifty 15,180 a key support level. The strategy should be to add long positions if the market drops to levels of 15,000 - 15,100, with a stoploss at 14,950, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty and Bank Nifty and select stocks from the IT, FMCG auto space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may open lower, tracking softer US yields and oil prices. Volatility may remain low. Option selling is the way forward.
Join Rini Mehta to get a fundamental perspective on the trading week.
Highlights of 20 June ’22 Fundamental Weekly Podcast
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The domestic markets remained sluggish throughout the week with Nifty50 losing 7% over the past week.
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Markets reacted to increased risks of a global recession as the US Fed raised interest rates elevated inflation.
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Headline CPI inflation in May dropped to 7.04% compared to 7.79% in April.
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The Swiss National Bank surprised markets with its first rate hike for 15 years, while the Bank of England implemented its fifth consecutive hike.
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FII flows continue to remain net sellers in the month of June till date to the tune of Rs. 42,088 crore. FPI flows to remain volatile in the emerging markets.
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Weekly pick: Oil India Limited - The company’s 4QFY22 results were above our estimates as lower-than-anticipated oil realizations and gas sales volumes were offset.
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Other picks: Sun TV - The company’s TV business at 3x TTM earnings. We upgrade SUNTV to BUY from REDUCE.
Disclaimer: bit.ly/longdisc
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,400-15,700 levels will act as major hurdles for the market. The strategy should be to trade short between the levels of 15,600 - 15,700 with a stoploss at 15,800, and buy between the levels of 15,000 - 15,100 with a stoploss at 14,950, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty and Bank Nifty.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may continue to remain rangebound, making option selling the preferred play. JPYINR in focus today as BOJ remains dovish. Fireworks in JPY.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,000 would be a key resistance level to watch out today. The strategy should be to have long positions below the level of 15,900 with a stoploss at 15,800, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR May see rangebound price action but bias remains upward. Shorting weekly straddles and strangles can be considered. In crosses, GBPINR and JPYINR will remain in focus for next two trading sessions
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,600 would be a crucial level to watch out for today. The strategy should be to trade short below the levels of 15,670 with a stoploss at 15,780, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty and Bank Nifty.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may remain flat ahead of the US Fed meeting tonight. Volatility across currency pairs may be contained today but can increase from tomorrow.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,200 would be a crucial level to watch out today. Level-based trading is the ideal strategy below 16,200 levels with a stoploss at 15,700, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks with a medium-term view.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR May open at a fresh all time high, well above 78. Post US CPI, US bond yields and US Dollar, both have surged. Bias remains upward. But in cross INR, trend is downward.
Join Rini Mehta to get a fundamental perspective of the trading week.
Highlights of the Weekly Podcast
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Indian equity markets ended the last week on a negative note with major key indices and sectoral indices declined during the week.
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Central Banks continued with monetary policy tightening. RBI hiked repo rate by 50 basis points to 4.9%.
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Crude oil prices inched up with Brent crude trading above $120 per barrel mark.
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FII flows continue to remain net sellers in the month of June to the tune of Rs. 18,815 crore.
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We expect FPI flows to remain volatile in the emerging markets.
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Weekly pick: Britannia Industries - Distribution expansion and new product launches/relaunches aided the company to continue gain market share.
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Other picks: Indigo - The company’s customer connect and network coverage are hard-to-replicate assets. It has begun using these to grow pricing relative to peers.
Nifty 16,200 a major support level
Nifty 16,200 would be a crucial level to watch out for today. On sustaining these levels, the market can hit 16,330-16,430 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty and Bank Nifty.
Nifty 16,200 a crucial level
34,650 major support for Bank Nifty
Get a full trading strategy here for Nifty and Bank Nifty.
USDINR remains in a slow upward drift. Expecting a higher inflation print, USD is moving higher against global currencies. A portfolio o f long futures and option strategies can be considered
USDINR remains a slow upward grinding move. Higher oil prices, rising US bond yields and weak equity sentiments are all positive for the pair. In crosses, JPYINR remains in downtrend and EURINR will see increased volatility due to ECB meeting
Nifty 16,220 a key support level; Financial, and Auto stocks in focus
Nifty 16,220 will act as a major support level. Nifty 16,430 will be the resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial, metal, technology and auto space.
Nifty 16,220 a major support level
Nifty 16,430 a key resistance level
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial, metal, technology, and auto space.
RBI policy day, volatility is high. However, challenging macros and external environment along with high oil prices can drive USDINR higher. Key levels to watch 77.40 on the down and 77.80 and 78.00 on spot on the upside.
Nifty 16,340 an important level; Auto and Technology stocks in focus
Nifty 16,340 would be an crucial level to watch out today. The strategy should be to trade short below 16,340 level with a stop loss at 16,450, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto, technology and financial space.
Nifty 16,340 will be a crucial level to watch out for
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto, technology and financial space.
Nifty 16,500 a key resistance level; Technology and Auto stocks in focus
Nifty 16,500 will act as a major resistance level. The strategy should be to to reduce weak long positions below 16,430, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and auto space.
Nifty 16,500 a key resistance level
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and auto space.
USDINR may see some more upside due to a cocktail of dollar positive factors: higher oil, higher US bond yields, lower equities and weaker EM currencies. In crosses, we remain bearish on JPYINR as US bond yields surge
Nifty 16,400 a key support level; Technology and Financial stocks in focus
Nifty 16,400 will act as a major support level. Nifty 16,600 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, financial and auto space.
Nifty 16,400 a major support level
Nifty 16,600 a key resistance level
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, financial and auto space.
USDINR may continue to be rangebound but with an upward drift. Rising oil prices, FPI outflows in equity/debt and stronger US Dollar post US jobs report are all supportive for a move higher in USDINR. In crosses, focus will be EURINR as ECB meeting is on Thursday
Weekly outlook: United Spirits Among Top Picks, FPI Flows To Remain Volatile
Highlights of 6 June ’22 Fundamental Weekly Podcast
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Domestic markets have remained erratic in the past week with Sensex ginning 2.24% and Nifty50 gaining 1.95%.
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On the economy front, (1) Q4FY22 real GDP growth slowed to 4.1% (Q3FY22: 5.4%).
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The RBI has projected Q1FY23 inflation at 6.3% which is clearly now subject to modification in the upcoming June MPC meet.
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Major central banks, including the Fed, signals cumulative rate hikes of about 2%-2.5%.
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In US, investors will be looking ahead to the release of U.S. jobs data for May expected today.
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FII flows continue to remain net sellers in the month of June till date to the tune of Rs. 2,382 crore. FPI flows to remain volatile in the emerging markets.
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Weekly pick: United Spirits - The company reported 5%/9% year-on-year (YoY) growth in volume/value (3 year CAGR -0.6%/+3%), in line with expectations.
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Other picks: Jubilant Foodworks - The company has selected Sameer Khetarpal from Amazon India (ex-McKinsey) to be the next MD & CEO, starting Sep 2022.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,700 will act as a major support level. Nifty 16,800 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is expected to test the lower band of its very narrow range. It has been over 3 weeks, USDINR has been caught in such a narrow range. Range expansion is expected. Global cues are positive with rally in equities and sell off in the USD against major EM currencies.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,500 will act as a major support level. Nifty 16,800 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, auto and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may open higher tracking risk off sentiments, higher US bond yields and stronger Dollar overseas. The pair remains rangebound. Look to buy near the lower end of the range as rewards are higher compared with risk.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Range bound movement expected @ 16300-16700
Disclaimer: bit.ly/longdisc
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Nifty 16,500 would be a crucial level to watch out today. It is recommended to buy between 16,450-16,400 levels with a stoploss at 16,350, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto and technology space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is stuck in a very narrow range for now. Focus on option selling but switch to hedged strategies as risk to reward is not favourable. Bias remains slightly upward.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,500 will act as a major support level. Nifty 16,800 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, auto and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Rising oil is a concern for the Rupee. If oil continues to move up it will not only exert significant upward pressure on USDINR but also push USDINR IVs upward. With low IVs in place, option sellers need to be careful.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 16,500 will act as a major resistance level.
The strategy should be to take profit at 16,500, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR rangebound due to higher oil prices supporting USD and Strong risk sentiment supporting Rupee. Short options remains the trade but reduce position sizing due to low reward to risk.
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Weekly outlook: L&T Among Top Picks, FII Flows Remain Net Sellers
Highlights of 30 May ’22 Fundamental Weekly Podcast
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Bears tightened their grip in the month of May with Sensex ending with gains of 0.8% and Nifty reporting a gain of 0.33% during the week.
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Indian government unveiled a number of measures to control inflation.
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Domestic markets focused on evolving growth-inflation dynamics, ongoing 4QFY22 earnings and volatile commodity prices.
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The RBI Governor Shaktikanta Das said that the Monetary Policy Committee will increase interest rates to contain inflation.
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FII flows continue to remain negative in the month of May till date to the tune of Rs. 51,847 crore.
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Weekly pick: Larsen & Toubro (L&T) - While an inflationary environment would limit recovery in the margin, we envisage L&T to sustain a healthy double-digit growth trajectory and cash flow generation.
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Other picks: Apollo Hospitals - While another delay in Healthco fund-raise is a dampener, execution stays impressive and APHS is witnessing healthy demand tailwinds across all segments.
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Nifty 16,000 will act as a major support level. Nifty 16,400 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is rangebound caught between opposing forces of strong risks assets, soft dollar index, low bond yields v/s weak Chinese currency and Strong oil. Focus on option selling.
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Nifty 15,900 will act as a major support level. Nifty 16,150 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR to remain rangebound, caught between suspected central bank intervention and fragile sentiments in global risk assets. Option sellers would continue to benefit. Even ratio spreads remain a preferred bet.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Range bound movement with no strong directional bias.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Past two weeks, the price range in USDINR has been quite shallow, which has benefitted option sellers. However, range shift is expected and hence be cautious on option shorts. Global cues are mixed with soft equity and soft USD.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,000 would be an crucial level to watch out today. Nifty 16,300 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto, FMCG and IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR can see an upward drift today as risk sentiments have soured after plunge in US tech stocks. Focus on option strategies to benefit from lack of momentum in the pair.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,000 will act as a major support level. Nifty 16,400 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT and auto space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Rupee has become an underperformer amongst its peers. Therefore, for Rupee to remain stable against USD, not only RBI needs to be actively intervening but also US Dollar index needs to fall.
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Nifty 16,200 will act as a major support level. Nifty 16,400 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the cement, auto and infrastructure space.
Get the fundamental updates and perspectives for the trading week with Rini Mehta.
Highlights of 23 May ’22 Fundamental Weekly Podcast
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After a sharp decline over the past two weeks, the equity markets ended this week on a positive note with Sensex and Nifty50 gaining between 2-3% each.
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With the result-season coming towards the last leg, the focus will be more on the macro data points.
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Monetary policy tightening action by Central Banks globally amid high inflation will continue to weigh on market sentiments.
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FIIs continue to remain negative in the month of May till date to the tune of Rs. 44,102 crore
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Weekly pick: Indian Oil Corporation Limited - The company’s domestic marketing sales volumes increased 3.7% Quarter-on-Quarter (QoQ) to 2.18 crore tons in Q4FY22. Pipeline volumes increased 1.3% to 2.21 crore tons.
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Other picks: ITC - ITC offers decent earnings growth visibility led by a recovery in Cigarettes and relatively steady performance in FMCG.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is going to gap down tracking positive risk sentiments and strong Chinese currency. A surprise rate cut from China is driving equity markets higher in Asia. For the near, focus on short options as USDINR remains rangebound. In crosses, GBPINR in focus.
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Nifty 16,000 would be an crucial level to watch out today. The strategy should be to add long positions above 16,000 levels with a stoploss at 15,850, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto, FMCG and financial space.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Support placed at 16200 - if breached expect consolidation.
Disclaimer: bit.ly/longdisc
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,600 will act as a major support level. Nifty 16,000 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty.
USDINR may slip into a range as IPO flows and suspected RBI intervention cap upside. Focus on credit strategies using options.
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Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,150 will act as a major support level. Nifty 16,300 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and financial space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,730 will act as a major support level. Nifty 16,000 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, financial, auto and insurance space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is expected to gap higher tracking oil prices and dollar index. However, central bank intervention may occur at higher levels. In crosses, euro and gbp, bias remains downward.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,900 will act as a major support level. Nifty 16,100 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and financial space.
USDINR may see rangebound price action today on account of mixed cues from the global markets and suspected RBI intervention. In crosses, all three May trade weak.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Nifty resistance seen at 16410 - support at 16000
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Nifty 15,900 would be an crucial level to watch out today. Nifty 16,200 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials and technology space.
USDINR may drift upwards thanks to a high inflation print driving US Dollar Index higher.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may slip into a range as IPO flows and suspected RBI intervention cap upside. Focus on credit strategies using options.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,140 will act as a major support level. Nifty 16,300 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and banking space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,000 will act as a major support level. Nifty 16,400 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, financial and auto space.
USDINR may open lower tracking softer dollar index and US bond yields. Bias remains upward as long as the pair holds above 77 levels on spot.
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Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,200 will act as a major support level. Nifty 16,400 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT and financial space.
USDINR May open at fresh all-time highs above 77.07 levels on spot. A strong dollar index, multi-year highs in us bond yields, and weak equity markets should drive USDINR higher.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Join Rini Mehta in getting a fundamental perspective for the trading week.
Weekly outlook: United Breweries Among Top Picks, FPI Flows Likely to Remain Volatile
Highlights of 09 May ’22 Fundamental weekly podcast
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Central bank actions kept global and domestic markets under pressure last week. The Sensex and Nifty saw profit booking and were down by around 4%.
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The RBI raised the repo rate by 40 bps to 4.4% and increased the cash reserve ratio (CRR) by 50 bps to 4.5%.
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The Federal Reserve raised the benchmark interest rate by half a percentage point - its biggest hike in two decades.
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Amid rising interest rates, elevated crude oil prices, and high inflation, the markets will likely remain volatile and further stock-specific action can be expected based on Q4 results.
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FIIs flows continue to remain negative in the month of May to the tune of around Rs 12,733 crore so far. We believe FIIs flow in India will remain volatile in the short term on the back of multiple headwinds like Inflation, monetary tightening, elevated crude oil prices, geopolitical issues, etc.
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Weekly pick: United Breweries Ltd- We expect UBL to deliver strong volume recovery in FY2023E and full recovery in margins as and when raw material prices eventually ease.
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Other picks: Varun Beverages Ltd - The company is set to exceed our expectations on the back of strong volume growth aided by (1) distribution-led share gains in South/West, (2) stellar growth of Sting, and (3) an unusually hot summer. We revise fair value to Rs 1,275 (from Rs 1,100) and reiterate BUY.
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Nifty 16,600 will act as a major support level. Nifty 16,800 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, financial, auto and metal space.
USDINR will be pushed upwards today, by a double whammy of a stronger dollar index and weak equity markets. In crosses, GBP remains the weakest one.
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Rupee can benefit from rate hike from RBI and risk on mood in global markets. Keep an eye on BOE meeting tonight as it will impact GBP pairs.
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Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,400 will act as a major support level. Nifty 16,800 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Momentum turns weak - resistance at 17135.
Disclaimer: bit.ly/longdisc
USDINR is rangebound ahead of US Fed meeting tonight. Volatility can rise from tomorrow, especially in the rupee crosses.
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Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,800 would be a crucial level to watch out today. Nifty 17,400 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR to remain rangebound but major event risk eyed with US FED and BOR policy meetings.
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Nifty 16,800 a key support level; Auto and Financial stocks in focus
Nifty 17,000 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto, financial and metal space.
Join Rini Mehta to get a fundamental perspective of stocks and markets for the week.
Highlights of 2 May ’22 Fundamental Weekly Podcast
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Equity markets focused on evolving growth-inflation dynamics, ongoing 4QFY22 earnings prints, and volatile global commodity prices.
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BSE Sensex gained 1.31% and Nifty50 added 1.14% during the past week.
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According to International Monetary Fund (IMF), India needs to strengthen its labour, land and education sector.
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The Gross Domestic Product (GDP) in the US declined at a 1.4% annualized pace in the first quarter of CY22.
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FII flows continue to be a net seller MTD in April to the tune of Rs. 40,652 crore.
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Weekly pick: Macrotech Developers (LODHA) - The company closed FY22 with sales growth of 57% YoY, sales grew +55% YoY in 4QFY22.
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Other picks: SBI Life - SBI Life reported flat Value of New Business (VNB) and surprising margin decline on a solid base and product reprising.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in a very slow upward drift. In crosses JPYINR remains a lucrative short play.
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Nifty 17,200 will act as a major support level. It is recommended to take profits close to 17,350 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and metal space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,000 will act as a major support level. Nifty 17,125 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR continues to oscillate within a broad range of 76 and 77 on spot. There is an upward drift due to global cues but no major momentum. Option players continue to benefit.
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Nifty 16,800 will act as a major support level.
It is recommended to keep a stop loss for long positions at 16800, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial, telecom, and agrochemical space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR can continue to drift higher aided by strong $ and weak equity markets.
USDINR May see some downside today on account of positive risk environment globally. However, it’s broad range of 76 and 76.80 is intact on spot
Nifty 16,800 a important level; Financials and Metal stocks in focus
Nifty 16,800 would be an crucial level to watch out today. Nifty 17,200 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials and metal space.
Nifty 16,800 will be a crucial level to watch out for
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials and metal space.
Highlights of 25 April ’22 Fundamental Weekly Podcast
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Domestic markets were weak in the last week with Sensex losing 1.45% and Nifty50 losing 1.17%.
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International Monetary Fund (IMF) downgrades global growth outlook. It has also cuts India’s GDP forecast to 8.2%.
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Fed affirmed central bank’s determination to bring down inflation. Likely to start reducing the amount of bonds it is holding.
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FII flows continues to remain negative to the tune of Rs. 29,206 crore in the month of April ‘22.
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Equity markets focused on (1) ongoing Q4FY22 earnings prints and (2) rising global and domestic bond yields.
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Weekly pick: HDFC Bank - The bank reported 23% Year-on-Year (YoY) earnings growth on the back of 5% YoY operating profit growth.
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Other picks: HCL Tech - We train our sights beyond sequential optics on the improvement in digital competencies and IT services business composition.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,800 would be an important level to watch out today. Nifty 17,200 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR can continue to see a slow upward drift due to a strong dollar index and weak equity markets. Focus on option strategies.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,100 will act as a major support level. Nifty 17,300 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto and financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains rangebound between 76.00 and 76.50 on spot due to lack of dominant factors. However, the super hawkish Fed and weak Chinese currency has created a possibility for an upward drift.
Disclaimer: bit.ly/longdisc
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Nifty 17,200 a key resistance level; Financial and Technology stocks in focus. The strategy should be to add long positions close to 17,150 levels with stop loss at 17,050, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and technology space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
With lack of dominant factors in USDINR, the pair is being whipped around by news and flows. However, the pair seems to be respecting the range of the option sellers, between 76.00 and 76.50 on spot. Focus on credit strategies via options.
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USDINR remains in a slow upward drift. Lack of momentum makes options a preferred route over futures. In crosses, JPYINR is weak but quite oversold. Hence, exercise prudence in trading that pair.
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Nifty 16,800 will act as a major support level. Nifty 17,050 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal, financial and technology space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,000 will act as a major support level. The strategy should be to add positions on dips with Stop loss at 17,000, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR has an upward drift due to higher US Dollar Index and oil prices but the momentum is lacking. Focus on option strategies discussed in the audio. In Crosses, you can continue to be active in JPYINR. It is a currency which is seeing significant downside pressure.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,200 will act as a major support level. The strategy should be to add long positions close to 17,200 levels with Stop loss at 17,000, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: Triple whammy for Rupee as US Dollar index continues to rise, oil prices inch higher and equity markets sell-off. Bias remains upwards on USDINR.
Join Rini Mehta to get a fundamental perspective of the trading week.
Highlights of 18 April ’22 Fundamental Weekly Podcast
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Domestic stock markets witnessed profit booking in a curtailed trading week with broader indices down by 1-2%.
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US March inflation stood at a four decade high.
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India’s March 2022 CPI inflation surged to 6.95%.
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FPIs flows remain negative in the month of April till date to the tune of Rs. 8,701 crore.
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Commodity prices, Q4FY22 results, rising bond yields in focus this week.
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Weekly pick: HDFC Limited - Visit ‘Reaserch’ section at www.kotaksecurities.com/ to know more about our Pick of The Week’s target price and rationales.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,450 will act as a major support level. Nifty 17,600 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal space.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Resistance seen at 17600 - medium term trend also weak.
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Today's Highlight: USDINR is showing a slight upward drift, due to dollar index and weak equity markets. However, oil is the joker in the pack. If oil prices begin to rise sharply, it can bring back the March volatility.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR is expected to trade with a positive bias tracking strong US bond yields and US Dollar Index. In crosses, JPYINR remains a sell on rise.
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Nifty 17,600 will act as a major support level. Nifty 17,800 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metals and financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR exhibiting rangebound to slightly upward price action. Key support level is near 75.70 on spot. Focus will be on today’s RBI monetary policy.
Disclaimer: bit.ly/longdisc
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Nifty 17,600 will act as a major support level. Nifty 18,000 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metals and auto space.
Join Rini Mehta to get a fundamental perspective on the trading week.
Weekly pick: HDFC and HDFC Bank - HDFC Bank and HDFC Ltd announced that they have secured board approval for an amalgamation into the bank. We believe it will benefit the bank in building a long-duration mortgage book – another lever for secured growth
Other picks: Home First Finance - The company’s 3QFY22 performance reflects a firm exit from the Covid-related slowdown with 8% Quarter-on-Quarter (QoQ) loan growth for the second consecutive quarter.
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Nifty 17,550 will act as a major support level. Nifty 17,800 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metals and auto space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR exhibiting rangebound to slightly upward price action. Key support level is near 75.70 on spot. Focus will be on today’s RBI monetary policy.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,700 will act as a major support level. The strategy should be to add long positions between 17,650-17,600 levels with a stop loss below 17,600, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the PSU banks and Pharmaceutical space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR could be in for a rangebound trading as event risk is passed. Focus on option selling to strategies to benefit from slightly elevated VIX.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,000 will act as a major support level. Nifty 18,050 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, pharmaceutical and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR May open higher, tracking US Dollar Index and weak equity markets. Hawkish comments from Fed members are supporting USD. Overall bias remains rangebound to slightly downward.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,800 will act as a major support level. Nifty 18,350 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, technology and Pharmaceutical space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR is in a slow downtrend. One can use combination of futures and options to bet on the trend. In crosses, all three Pairs are showing weakness.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,700 a key resistance level; Auto and Bank stocks in focus
Nifty 17,700 will act as a major resistance level. The strategy should be to buy on dips, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto and bank space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR is expected to be rangebound due to contrasting impact of lower oil prices but firm US Dollar Index. Focus on option selling strategies.
Get the fundamental perspective on the markets this week from Rini Mehta.
Weekly pick: State Bank of India- The bank has been able to defend its liability franchise strongly while its efforts at innovation allow it to compete with private bank peers.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,350 will act as a major support level. Nifty 17,450 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto and cement space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR remains in a slow downtrend due to soft US Dollar Index and lower oil prices.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,500 will act as a major support level. Nifty 17,650 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, metal and financial space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,200 will act as a major support level. On the higher side, Nifty 17,500 would act as a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, pharma, and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is expected to open gap down due to positive risk sentiments and RBI $ swap. Near term bias is of a range. Focus on option selling strategies.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,000 will act as a major support level. On the higher side, Nifty 17,450 would act as a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the banking space.
Disc: http://bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is going to take support near 75.75 levels but thanks to positive risk sentiments and lower Oil Prices, pressure will be on the sell side.
USDINR is locked within a broad range due to opposing factors of seasonality and global market cues.
Nifty 17,000 a key support level; Financial and auto stocks in focus
Nifty 17,000 will act as a major support level, below which 16,800 will be the next level to watch out for. On the higher side, Nifty 17,450 would act as a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial, auto, and realty space.
Nifty 17,000 a major support level
Nifty 17,450 key resistance level
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and auto space.
Weekly outlook: IRB Infra Among Top Picks, FIIs Continue to be Net Sellers
Highlights of 28 March’22 Fundamental weekly podcast
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Domestic markets remained range bound last week. BSE midcap and the BSE small cap index outperformed the larger indices.
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Crude oil prices may have corrected from the recent highs. Oil prices and commodities prices likely to stay volatile and elevated.
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FIIs continue to be the net sellers in the month of March 2022 to the tune of Rs. 45,453 crore.
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Despite geo-political tension, equity markets were strong globally.
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Weekly pick: IRB Infra - The company is entering into a strong growth trajectory with healthy visibility on construction revenues, and sharp uptick in toll revenues.
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Other pick: Aster DM - Aster DM reiterated a strong medium-term India outlook, while guiding for a healthy trajectory in Gulf Cooperation Council (GCC).
Nifty 17,000 a key support level; Technology and Financial stocks in focus
Nifty 17,000 will act as a major support level. Nifty 17,300 will be the next level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, financial, metal and pharmaceutical space.
Nifty 17,000 a major support levvel
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, financial, metal and pharmaceutical space.
USDINR is expected to remain rangebound due to contrasting factors of high oil and strong year end $ inflows. Focus on option selling strategies
USDINR is being supported by higher oil prices and weak equity markets. But the pair needs to clear resistance zones near 76.50 and 76.70
USDINR May remain rangebound due to contrasting drivers of higher oil & yields and strong equity and year end corporate $ inflows. Focus on option strategies to benefit from ranged price action
Commodity outlook: Gold might witness volatility; Supply risks for commodities may persist
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Development relating to Russia-Ukraine will be at the forefront this week.
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Risk sentiment may remain shaky, while supply risks for commodities may persist.
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The U.S. dollar ended lower last week, marking it's first decline in 4 weeks. It witnessed losses amid reduced safe-haven demand and as bond yields came off highs after the Fed's rate hike decision.
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Gold may remain volatile, however, market uncertainty may increase its safe haven appeal and keep prices supported near $1900/oz level.
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Crude oil’s sharp rise has made it vulnerable to profit taking. However, a sustained decline may not materialize unless Russia-Ukraine issues are resolved.
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The focus during this week will be on manufacturing and services PMI data from Europe and US.
The focus would be on manufacturing and services PMI from Europe and US, says Ravindra Rao, our head of Commodity Research in our weekly outlook.
Get the full market update and strategy for Gold, Silver, Crude Oil, and base metals.
Nifty 17,000 a key support level; Technology and Metal stocks in focus
Nifty 17,000 will act as a major support level. Nifty 17,200 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and metal space.
Nifty 17,000 a major support level
Nifty 17,200 a key resistance level
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and metal space.
USDINR can once again move higher due to the triple whammy of crude, yields and US Dollar Index.
Nifty 17,000 a key support level; Technology and Metal stocks in focus
Nifty 17,000 will act as a major support level. Nifty 17,600 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, metal and auto space.
Nifty 17,000 a major support level
Nifty 17,600 a key resistance level
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, metal and auto space.
USDINR could be in for a rangebound price action this week due to mixed cues of high oil
Prices but strong equity and positive seasonality for Rupee.
Weekly outlook: Minda Industries Among Top Picks, FPI Flows Likely to Remain Volatile*
Highlights of 21 March ’22 Fundamental weekly podcast*
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Domestic markets jumped in the past week with Nifty and Sensex gaining around 4.4% and 4.5%, respectively.
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The Federal Reserve hiked benchmark interest rate by a quarter of percentage point for the first time since 2018.
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The policymaking Federal Open Market Committee (FOMC) also pencilled in 6 more rate hikes in 2022, as well as factored in a reduction in its US$ 9 trillion balance sheet.
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FIIs flows in the month of March 2022 were negative to the tune of Rs 44,417 crore. We believe FIIs flow in India will remain volatile in the short term on the back of multiple headwinds like Inflation, monetary tightening, elevated crude oil prices, geo-political issues, etc.
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On the other hand, India is still the fastest-growing economy due to domestic demand resilience.- Weekly pick: Minda Industries
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We expect Minda Industries to continue to outperform the industry growth on the back of: (1) increase in premiumization and import substitution, (2) strong order wins in EV (electric vehicle) 2W (two wheeler) segment and (3) market share gain in lighting, seating and alloy wheels.- Sector update: Healthcare- Within healthcare services, at current valuations, we prefer hospitals over diagnostics. APHS is our top pick in the healthcare services space.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Resistance seen at 17000; short covering above the same
Disclaimer: https://bit.ly/longdisc
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,100 will act as a major support level. Nifty 17,300 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, financial and auto space.
Disc: http://bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Post US Fed there has been weakness in US dollar index and oil prices are below 100. Both these factors can drive USDINR lower. Key support level 76 on spot.
Disc: http://bit.ly/longdisc
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,600 would be an important level to watch out today. Nifty 17,000 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, technology and auto space.
Disc: http://bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR looks to be range-bound between 76 and 77.
Hence focus on range selling strategies using USDINR options. Disc: http://bit.ly/longdisc
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Commodity markets likely continue to be driven by geopolitical tensions in the near future.
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Gold is likely to remain volatile, however, buying interest may emerge at lower levels.
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On the technical front, Gold is trading below its initial support of USD 1,960. Next support exists at USD 1,914-1,912.
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After a sharp fall in last few sessions, precious metals are likely to take support at lower levels.
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Crude oil has corrected nearly 20% from its high. It is likely to find support at lower levels if no resolution is seen between the Russia-Ukraine conflict.
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Natural gas continues to trade in the range with resistance near 370 level and support at 338 level.
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Metals continue to trade with caution.
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The focus during the week will be on the Federal Open Market Committee (FOMC) meeting with all eyes on Fed’s future guidance.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 16,600 would be an important level to watch out today.
Nifty 17,000 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, technology and auto space.
Disc: http://bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is rangebound due to opposing forces of weak oil prices and weak Chinese currency. Focus on range selling strategies via options to benefit from the expected fall in volatility.
Disc: http://bit.ly/longdisc
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,400 will act as a major support level. Nifty 16,800 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast.
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, pharma and FMCG space.
Disc: http://bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may remain range bound in a holiday-shortened week due to contrasting global forces.
Disc: http://bit.ly/longdisc
Join Rini Mehta to get the fundamental view of the trading week.
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Weekly pick: Sumitomo Chem - The company reported strong revenue growth of 26.3% Year-on-Year (YoY) due to robust demand from the international market and pickup in demand from the domestic market post strong monsoon and positive outlook on Rabi season.
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Other picks: Sun Pharma - We revisit Ilumya’s revenue potential in lieu of expected further competition in the US plaque psoriasis market with two key launches in CY2022 – UCB’s Bimekizumab and BMS’ Deucravacitinib.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,300 will act as a major support level. Nifty 16,800 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and metal space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,650 will act as a major support level. Nifty 16,200 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and financial space.
Disc: http://bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR remains supported thanks to strong Oil prices. However, central bank intervention is not allowing the pair to trade far above 77 levels on spot. Continue to focus on option strategies over futures to trade USDINR.
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Commodity markets likely continue to be driven by geopolitical tensions in the near future.
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Precious metals are likely to remain highly volatile. The general bias may be on the upside unless there are sincere efforts to resolve the Russian-Ukraine issue.
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For crude oil, looming supply risks are likely to keep prices supported. Technically, US$115/bbl - US$114/bbl remains a crucial zone to watch out for.
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Base metals witnessed record gains in the recent sessions and are expected to trade with positive bias. However, one must trade with caution.
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In our view, given the geo-political uncertainty, the ideal strategy would be to trade intraday rather than carry overnight positions.
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The focus during the week will be on the European Central Bank's (ECB) monetary policy meeting and inflation data from the US and other countries.
Disc: http://bit.ly/longdisc
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,700 would be an important level to watch out today. Nifty 16,000 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials and IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: Oil and Dollar Tango is making the Rupee sweat. Focus on call spreads to stay long in USDINR.
Disc: http://bit.ly/longdisc
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 15,900 will act as a major support level. Nifty 16,400 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: Oil shock and Dollar shock can drive USDINR towards all time highs near 77 on spot. RBI intervention can be high. Focus on long call spreads. In crosses, JPYINR can appreciate significantly.
Disc: http://bit.ly/longdisc
Join Rini Mehta in getting the fundamental outlook of the trading week.
Weekly pick: HDFC Ltd - The company reported strong performance across most parameters in 3QFY22. A combination of high momentum in the retail business, pick up in high-yield non-individual loan books will support core earnings even as funding costs rise.
Other picks: Varun Beverages Ltd - We like the company’s execution and management’s relentless focus on unlocking future growth engines.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,200 will act as a major support level. Nifty 16,400 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR can continue to trade with an upward bias thanks to elevated oil prices and lower equity prices. Stick to long options as volatility can be high.
Join Sahaj Agrawal in this Weekly Expiry update to get key insights.
Highlight: Range bound movement seen at 16400-16700
Disclaimer: https://bit.ly/longdisc
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,500 will act as a major support level. Nifty 16,800 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, auto and metals space.
Disc: http://bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's highlight: USDINR can continue to push upwards due to rising oil prices. However, central bank intervention remains a major risk. Hence, two volatility can be high and therefore focus on options over futures as instruments to trade.
Disc: http://bit.ly/longdisc
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 16,500 will act as a major support level.
Nifty 16,800 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, auto and metals space.
Disc: http://bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR can continue to rise as oil prices rocket upwards. Volatility will be high and hence stick to call spreads.
Disc: http://bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's highlight: USDINR is retracing the gains of last week as financial markets maintain stability inspite of sabre rattling from both sides in the conflict. Keep an eye on oil prices and risk appetite to take intraday positions.
Disc: http://bit.ly/longdisc
Join Rini Mehta to get a fundamental outlook on the trading week.
Weekly pick: Mphasis - The company reported healthy organic growth of 5.7% Quarter on Quarter (QoQ) in c/c underpinned by strong 7.7% organic growth in Direct.
Other picks: Cummins: We expect Cummins to drive and benefit from transition away from diesel. The company would leverage shift to natural gas given its strong product offering and higher price point.
Join Rini Mehta to get a fundamental outlook on the trading week.
Weekly pick: Mphasis - The company reported healthy organic growth of 5.7% Quarter on Quarter (QoQ) in c/c underpinned by strong 7.7% organic growth in Direct.
Other picks: Cummins: We expect Cummins to drive and benefit from transition away from diesel. The company would leverage shift to natural gas given its strong product offering and higher price point.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,000 will act as a major support level. Nifty 16,400 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and financial space.
Disc: http://bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: While trading USDINR keep an eye on two Markets: Crude oil and Equity. Volatility will be high and hence focus on long options over futures.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,450 will act as a major support level. Nifty 17,600 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's highlight: USDINR can open the gap up, thanks to 40 year high US inflation and dovish RBI. Bias remains slightly upward. Bias remains upward also in GBPINR as well.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,330 would be an important level to watch out today. It is recommended to take profits on long positions at 17,530 level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, technology and cement space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee. USDINR is rangebound gonh into RBI policy. In the past a hawkish policy from RBI has triggered Rupee appreciation.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,120 will act as a major support level. It is recommended to take partial profit at 17,350 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is seeing subdued volatility. Hedged option selling strategies can be considered. In the crosses, JPYINR looks bearish.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,280 will act as a major resistance level. The strategy should be to invest at 17,000 levels from a medium to long-term perspective, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
In spite of several negatives Rupee is showing resilience but lacks momentum. Such market conditions are better suited for option sellers with hedged strategies than futures players.
Join Rini Mehta to get a fundamental perspective on the markets and stocks this week.
Weekly pick: GAIL: The company’s 3QFY22 results were well above our estimates led by significantly higher-than-expected contribution from gas marketing and surprisingly resilient petchem contribution.
Other picks: Titan Company - The company is making determined inroads into regional markets and strong progress in the wedding segment while expanding its customer base.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR can drift lower due to a sharp sell-off in the US dollar Index. However, action is in the crosses where bullish bias exists in the EURINR and GBPINR.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,450 will act as a major support level. Nifty 17,650 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR is in a directionless phase with both positive and negative drivers well stacked. Focus will be on Euro & GBP due to central bank meetings.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,600 will act as a major support level. The strategy should be to add long positions close to 17,700 levels with Stop loss at 17,600, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,250 will act as a major support level. The strategy should be to buy on dips, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the infrastructure, capital goods, and financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR is broadly range-bound with 75 on spot as an important level to watch as resistance. GBPINR is our preferred bullish bet in the crosses.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR has done a U-turn. Trends are very short and momentum is spotty. But post-budget if it can sustain in the current trend then shorting trades can work well.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,425 would be an important level to watch out today. If the market trades below 17,250 level, it may increase further weakness up to 17,000, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the capital goods, infrastructure and financial space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,650 will act as a major support level. Nifty 17,600 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, auto and NBFC space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in mild uptrend with 74.70 as important support and pivot on spot. Big event risk is Union Budget tomorrow.
Join Rini Mehta as she shares a fundamental update and outlook of the trading week every Monday.
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Weekly pick: GMR Infrastructure: The stage is set for GMR Airports to add new concessions as it leverages the current momentum towards airport privatization in Southeast Asia.
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Other picks: Shriram Transport Finance - The company reported a strong set of numbers with Quarter on Quarter (QoQ) loan book acceleration, Net Interest Margin (NIM) expansion as well as reduction in expense ratio along with improvement in stressed loans.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: Slight improvement in risk sentiments today. May check the appreciation in USDINR today but bias remains slightly upward. Now focus is on Union Budget early next week.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,800 will act as a major support level. Nifty 17,400 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology, financial and auto space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,800 will act as a major support level. Nifty 17,400 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT and auto space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is going to gap higher above 75, thanks to a hawkish Fed. Bias remains upward. Focus on bullish strategies.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Resilient Rupee is preventing any major decline due to flows and carry trade. But volatility will rise over the near term as Fed and Union Budget shape narrative.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,900 will act as a major support level. The strategy should be to add long position from medium to long term point of view, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial, infrastructure and IT space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,400 will act as a major support level.
The strategy should be to add long position from medium to long term point of view, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial, telecom and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's highlight: USDINR May see some upside today due to triple negatives: risk-off, oil on the boil & slightly stronger USDollar Index.
Get the week's market insights from a fundamental perspective in depth with Rini Mehta.
Weekly pick: Apollo Hospitals: The company continues to move from strength to strength and is executing well on leveraging its large and widespread existing infrastructure to create a strong digital ecosystem.
Other picks: HDFC Bank - HDFC Bank reported 18% Year-on-Year (YoY) earnings growth on the back of 11% YoY operating profit growth. Impairment ratios broadly showed improvement.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,600 would be an important level to watch out today. The strategy should be to take long position around 17,600 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR has slipped into a range but risk off in equity markets can be supportive. In the crosses, JPYINR can benefit intraday if the equity sell off intensifies.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,800 would be an important level to watch out today. Nifty 17,960 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials and auto space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR still has scope for upside move as long as it holds above 74.35/40 on Jan futures. Global cues are looking neutral. In crosses, we remain bullish on GBPINR but bearish on JPY and Euro.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,000 will act as a major support level. It is recommended to reduce weak long positions around 18,200 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR remains in uptrend thanks to double negative of oil and US yields. In crosses, GBPINR remains in uptrend.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR is mostly rangebound due to lack of any dominant trigger. Rising oil prices & RBI intervention can provide strong floor under 74. In crosses, GBPINR remains bullish.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,200 would be an important level to watch out today. On the higher side, Nifty 18,300 will act as a major resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the real estate and metals space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's highlight: USDINR has slipped into a range between 74 and 74.50. Today focus remains China's economy and policy action and also surging oil prices.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,350 will act as a major resistance level. It is recommended to take profits on long positions around 18,350 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metals, technology and financial space.
Join Rini Mehta as she gives a fundamental perspective of the markets for the week.
Weekly pick: Max Life: The company reported moderate (15%) VNB growth despite muted APE (up 11% YoY) in 2QFY22.
- Other picks: FSN Ecommerce Venture - The company’s model focusing on content-based customer acquisition, curation and convenience is scalable with long-term growth potential.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR runs the risk of a short covering bounce due to mild risk off. GBPINR remains in bullish trend.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,350 will act as a major resistance level. It is recommended to reduce weak long positions close to18,300-18,350 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metals and infrastructure space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,100 will act as a major support level. On the higher side, Nifty 18,275 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR remains in downtrend as global risk sentiment remains strong. We also need to keep an eye on the emerging threat of rising oil prices.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,250 would be an important level to watch out today. It is recommended to add long positions on dip with a stop loss at 18000, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR continues to be in downtrend. A combination of soft Dollar Index and strong risk sentiments can drive the pair lower.
Commodity Outlook: Precious metals likely to trade sideways, Crude Oil might see correction
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The commodity markets witnessed some wild swings with the onset of new year. Gold was volatile, crude witnessed gains, and base metals traded mixed.
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The US dollar and bond yields will be taking a cue from the inflation data this week.
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Precious metals would trade sideways, waiting for the inflation print and the Fed Chair Jerome Powell's testification.
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Crude oil might see some correction after the 5% rally witnessed last week.
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MCX Aluminium might continue the uptrend provided the key support levels hold.
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The focus during the week will be on the Fed Chair Jerome Powell's testimony and the US inflation data release.
Nifty 17,850 a key support level; Technology and Financial stocks in focus
Nifty 17,850 will act as a major support level. It is recommended to reduce weak long positions around 18,200 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and financial space.
Nifty 17,850 a key support level
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and financial space.
USDINR remains in downtrend due to strong selling interest from corporates and speculators.
Nifty 17,580 a crucial level; Technology stocks in focus
Nifty 17,580 would be an important level to watch out today. It is recommended to reduce weak long positions between 18,150-18,200 levels says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology space.
Nifty 17,580 an important level to watch out for
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology space.
USDINR has a mild downward drift. Suspected RBI intervention is not allowing for a rapid decline. This creates 3 types of trading opportunities. Listen to know more
Weekly Outlook: FPI flows to remain volatile, Zee Entertainment among top picks
Highlights of 10th January '22
Fundamental weekly podcast
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Domestic markets moved higher as the severity of Omicron variant seems to be low.
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BSE 30 and NSE 50 index inched up by 2.6% each during the week.
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FII have been net buyers so far this month to the tune of Rs 1,082 crore.
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FPI flows likely to remain volatile
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10 year US treasury yield moved higher during the week.
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Weekly Pick: Zee Entertainment - Zee and Sony have signed definitive agreements to merge. The mergeCo would become India's #1 entertainment broadcast network with 28-30% market share.
APN
Zee Entertainment among the top stock picks
FII net buyers in Indian equities in January'22
Nifty 17,600 a crucial level; Financials and FMCG stocks in focus
Nifty 17,600 would be an important level to watch out today. It is recommended to keep a stop loss at 17,580 for any long postions, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials,FMCG and IT space.
Nifty 17,600 an important level to watch out for
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, FMCG and IT space.
USDINR continues to witness a slow downward drift. Short term sellers focus on short selling. But also focus on long term value zone at lower levels. Listen to our podcast to know more
Nifty 18,150 a key resistance level; Technology and Financial stocks in focus
Nifty 18,150 will act as a major resistance level. Buying is advisable only on dips between 17800-17,750 levels with a stoploss at 17,680, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and financial space.
Nifty 18,150 a key resistance level
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and financial space.
USDINR is facing selling pressure at higher levels. Bias is now rangebound with a slight downward bias.
Possibility of a bottom remains high in USDINR, engineered by RBI, as long as it sustains above 74.45 on Jan futures.
Nifty 17,600 a key support level; IT stocks in focus
Nifty 17,600 will act as a major support level. Nifty 17,800 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT space.
Nifty 17,600 a major support level
Nifty 17,800 a key resistance level
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT space.
USDINR remains in downtrend but 74.70 is a key level for bears to defend on Jan futures.
Nifty 17,550 a key support level; Financials and IT stocks in focus
Nifty 17,550 will act as a major support level. Nifty 17,650 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, IT and metal space.
Nifty 17,550 a major support level
Nifty 17,650 a key resistance level
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials,IT and metal space.
Nifty 17,150 a key support level; Financials and IT stocks in focus
Nifty 17,150 will act as a major support level. Nifty 17,500 will be resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, IT and banking space.
Nifty 17,150 a major support level
Nifty 17,500 a key resistance level
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, IT and banking space.
USDINR is at an interesting juncture. An oversold market condition and slightly negative sentiments may allow for bottom formation. Focus on option selling to benefit from range bound trading.
Weekly outlook: FPI flows to remain volatile, Dalmia Bharat among top picks
Highlights of 3rd January’22 Fundamental weekly podcast - Domestic markets recovered significantly in the last week with Nifty and Sensex by 2.2% each. - After the GST council meeting, the decision to hike GST on certain items like textiles and footwear are likely to be put on hold. - The Federal Reserve anticipates multiple rate hikes as the economy strengths. - FIIs have been net sellers in December ‘21 to the tune of Rs. 35,500 - FPI flows likely to remain volatile in the coming months. - Weekly pick: Dalmia Bharat - The company provides strong growth visibility with balance sheet strength and improving capital allocation. - Other picks: TeamLease - The company stays well positioned with health increase in general staffing headcount.
Disclaimer: bit.ly/longdisc
Join Sahaj Agrawal in this Weekly Expiry update to get key insights
Resistance seen at 17300; bears in control below the same.
Disclaimer: bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Downward trend remains in force in USDINR. Without major RBI intervention the pair can test lower levels.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,160 would be an important level to watch out today. Strategy should be to keep a stop loss at 17,160 for holding long postions, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial space.
Disclaimer: bit.ly/longdisc
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR has bounced from a major support zone between 74.50/60. Bias is mildly downward with 75 as the upper cap. RBI intervention is a clear and present danger at current levels.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,260 would be a crucial level to watch out today. Above 17,260, 17,350 would be next important level to watch out for says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the banks, technology and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in downtrend due to year-end selling and rising equity markets. Focus on bearish strategies.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,000 would be an important level to watch out today. A close above 17,250 levels would be positive for the markets, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in downtrend. Focus on bearish strategies. Low liquidity conditions will prevail for another 2 weeks. Beware of RBI intervention closer to 74.50.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,800 will act as a major support level. Nifty 17,150 will be a major resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT space.
Join Rini Mehta for a fundamental outlook on the markets for the trading week every Monday.
Weekly pick: Jubilant Foodworks - The company is progressing well in its transition into a multi-brand Quick Service Restaurant. It continues to focus on higher adoption of digital assets.
Other picks: GMR Infrastructure - The company is leveraging its platform to create value through recent order wins. The addition of Goa & Medan (Indonesia) airports would leverage GMR capabilities.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in downtrend thanks to rising equities, soft dollar index and year end selling.
Nifty 17,000 would be an important level to watch out today. Around 17,170-17,150 levels, it is recommended to reduce long positions, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, metals, and real estate space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in a mild downtrend thanks to soft dollar index and risk on mood. In crosses, GBPINR is a bullish and JPYINR is bearish.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,150 would be an important level to watch out today. If we see the market moving higher, the next level to watch would be 17,170, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metals, technology, and finance space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in a mild downtrend. But the pace may slowdown due to FPI outflows. GBPINR can move higher.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,700 will act as a major support level. On the other side, Nifty 17,000 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metals and technology space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR has damaged its upward momentum by closing below 76 levels on futures. We expect upside to be capped near 76.10/20 levels and major support comes in near 75.50/60. We could see more rangebound price action within this range.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,400 will act as a key support level. On the higher side, Nifty 16,780 will be a major resistance level. For investors, the strategy should be to invest in top ten Nifty50 companies with a view of 3 to 6 months, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, and Bank Nifty.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is a biased upwards, thanks to FPI outflow, global risk off and strong US Dollar Index. In crosses, EURINR can weaken further due to worsening covid situation in Europe.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,180 will act as a major resistance level. Whereas on the lower side, Nifty 16,780 will be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the bank, and IT space.
Disclaimer: bit.ly/longdisc
Join Rini Mehta every Monday to get a fundamental outlook on the trading week.
Weekly pick: HCL Tech - The company has a solid outlook on growth in services, and attractive valuations. We forecast double-digit services growth rate over the next three years.
Other picks: Bata India - Over the last 5 years, Bata has enhanced its product portfolio, resorted to active marketing strategy, improved customer experience at stores, and enhanced its geographical reach.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in uptrend as long as it holds above 76 on futures. GBPINR is bullish and focus will also be on JPYINR due to BoJ policy meeting.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,180 will act as a key support level. On the higher side, Nifty 17,400 will be a major resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, and commodity space
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Fed was hawkish but it was expected and hence USDINR may open lower. Bias remains upward as long as it holds 76. The focus turns to ECB & BOE policy meeting tonight.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,400 will act as a major resistance level. On the higher side, Nifty 17,550 will be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, and bank space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is going to trade with an upward bias. Tonight US Fed meeting may cause large swings in all currency pairs tomorrow.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,000 will act as a major support level. On the higher side, Nifty 17,400 will be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the commodity space.
Join Ravindra Rao in a weekly round-up about Commodities.
Highlight: Precious metals to stay under pressure, Crude Oil likely to trade in broad range.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains in uptrend aided by global equity sell off and strong US Dollar index. Rupee crosses will be volatile due to major events lined up this week.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,150 will act as a major support level. On the higher side, Nifty 17,300 will be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the bank, and IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR has an upward drift thanks to stronger $ index and FPI outflows. This is a central bank policy week with US Fed, ECB, BOE and BOJ taking the stands. Apart from these major economic releases are also due from India, US and Europe. Therefore, volatility can be very high across currency pairs.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,350 will act as a key support level. On the higher side, Nifty 17,700 will be a major resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, and bank space.
Join Rini Mehta in tracking the key fundamental insights for the week.
Weekly pick: Mahindra & Mahindra - In the tractor segment, the company will launch new products and will expand the dealer network in order to further consolidate its market share.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is going to benefit from depreciation in Chinese currency after their central bank announced measures. Weak Rupee can push EURINR and GBPINR higher as well.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,550 will act as a major resistance level. On the higher side, Nifty 17,700 will be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the bank, FMCG, and IT space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,250 will act as a major support level. On the higher side, Nifty 17,600 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, cement, bank, and pharma space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is in a very slow grind upward. Momentum is difficult to come as global factors are a mixed bag. In crosses, GBPINR remains in bearish trend due to rising COVID cases in the UK.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is going to be volatile post RBI policy due to expected hawkishness from the central bank. Bias remains slightly upward.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,350 will act as a major resistance level. Nifty 17,280 will be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal, IT, and bank space.
Highlights of this week from the world of Commodity Trading:
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Precious metals are likely to trade in a range as traders might wait for the FED meeting on 14th - 15th December, 2021.
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A bounce back is expected to continue in NYMEX Crude oil from lower levels. - On the technical front, $72/bbl - $74/bbl will act as an important level to watch out for, whereas $62/bbl will act as a key support level for WTI Crude.
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Natural gas also expected to bounce back where key support exists near 252 DMA of 271 levels. - Base metals trade on a broad range, whereas Nickel recovered during the week
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The focus during the week will be on the Omicron virus concerns and FED's meeting on 14th - 15th December.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR has a slow upward drift, thanks to relentless FPI selling in equity. A weak Rupee May also help EURINR & GBPINR to move higher.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,880 will act as a major support level. On the higher side, Nifty 17,100 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is oscillating within a range of 75/75.65 on Dec futures. Bias mildly upward due to fragile risk sentiments.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,000 will act as a major support level. On the higher side, Nifty 17,140 would be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, and auto space.
Join Rini Mehta for a fundamental update of the markets every Monday.
Weekly pick: Oberoi Realty - The company is well placed to capitalize on improved demand for residential real estate, with projects across ticket sizes in key micro-markets of Mumbai.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains rangebound with 74.95 as critical support. EURINR can see more downside due to dovish ECB vs hawkish FED.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,240 will act as a major support level. On the higher side, Nifty 17,355 would be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, and bank space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is in a range between 75-75.50 on December futures. One can focus on selling deep OTM options to benefit from rangebound market.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,040 will act as a major support level. On the higher side, Nifty 17,350 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, and auto space.
Join Sahaj Agarwal in this Weekly Expiry update to get key insights.
Resistance seen at 17250; Bulls take charge above the same.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Hawkish comments from US central bank chief can be positive for USDINR. Stick to intraday trades in cross-currency as day trading volatility is high and overnight gaps are large and random.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,880 will act as a major support level, while on the higher side, Nifty 17,200 will be a key resistance level. The strategy should be to add strong companies with a medium to long term view, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, and FMCG space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is stuck in its 18-month range. IPO flows and MSCI rebalancing along with improved global risk sentiments can bring USDINR down.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,950 will act as a major support level. On the higher side, Nifty 17,200 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the banking, and IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may oscillate within the last Friday's range of 74.60 and 75.20 on Nov futures. There is a risk on mood in markets which if persistent, can be negative for USDINR, EURINR, and JPYINR.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,900 will act as a major support level, while on the higher side, Nifty 17,200 will be a key resistance level. The strategy should be to add long positions around 16,900 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, and Bank Nifty.
Join Rini Mehta every Monday for fundamental updates of the trading week.
Weekly pick: Just Dial - We expect Just Dial to invest in new products and improvement of its existing offerings.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may see a gradual up move as global sentiment sours due to fresh COVID surge and November contract expiry occurs today at noon.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,350 will act as a major support level, while on the higher side, Nifty 17,600 will be a key resistance level. The strategy should be to reduce weak long positions, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, and Bank Nifty.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains ranged. But stronger Dollar Index may create a slow upward drift. Level to watch is 74.65 and 74.90.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,200 will act as a major support level, whereas on the higher side, Nifty 17,500 will be a key resistance level. The strategy should be to add long positions with a mid-term view in strong companies, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, and Bank Nifty.
Highlight of this week: Bounce back expected in Crude Oil, Copper likely to trade in a broad range.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,300 will be a key support level. On the higher side,
Nifty 17,700 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, and Bank Nifty.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is to be rangebound due to mixed factors. Focus on option selling. Eurinr remains in downtrend, look for shorting opportunities.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is going to remain rangebound and hence focus on selling option strangles. One can look for shorting opportunities in EUR/INR.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,600 will act as a major resistance level. The strategy should be to buy around Nifty 17,250 levels with a medium-term view, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, and Bank Nifty.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
With oil prices in a bearish trend and DXY likely to see some technical pullback due to falling yields, USDINR can see more downward pressure. But 74 zone remains a strong floor under prices.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,950 will act as a major support level. On the higher side, Nifty 18,130 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the Banks, FMCG and pharma space.
Join Sahaj Agarwal in this Weekly Expiry update to get key insights.
Highlight: Range of 17800-18025 with a negative bias
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may continue to be rangebound but with an upward bias. Focus on option selling. Interestingly, it’s EURINR & JPYINR which will remain under pressure. Look for shorting opportunities there.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,950 will act as a major support level. On the higher side, Nifty 18,130 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the Banks, FMCG and pharma space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,050 will act as a major support level. On the higher side,
Nifty 18,210 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, FMCG and pharma space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is expected to remain range bound. Focus on option selling. Euro and JPY remains in downtrend. Focus on positional shorts with adequate stops.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is expected to witness a range-bound trading over this week with a lack of major events and IPO flows. It is advisable to focus on option selling strategies.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,800 will act as a major support level. On the higher side, Nifty 18,030 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, and metal space.
Join Rini for the weekly outlook of the markets.
Weekly pick: Tata Motors - The company has done well to manage its profitability in the Jaguar Land Rover (JLR) business despite lower volumes. We believe the domestic electric passenger vehicle business can be a game-changer for the company.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,800 will act as a major support level. On the higher side, Nifty 18,030 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR can become rangebound as EM currencies fail to weaken inspite of a DXY trading at 52 week high. Focus on option selling strategies.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: There has been a sharp reversal in USDINR trend from down to up, thanks to strength in US Dollar index and weakness in equity markets. Upward momentum is expected to persist today as well.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,840 will act as a major support level. On the higher side, Nifty 18,190 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, and bank space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,950 will be an important level to watch out for. The strategy should be to add long positions around 18,130 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR continues to be in a downtrend helped by positive risk sentiments, strong Asian currencies, and IPO flows.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,130 will act as a major resistance level.
The strategy should be to add long positions around Nifty 18,000 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR remains downward pressure due to IPO and positive risk sentiment globally.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,850 will act as a major support level. On the higher side, 18,030 would be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the FMCG, IT, and metal space.
Weekly pick: SBI Cards and Payment Services Ltd. - We like SBI Cards for its high market share, and parent’s strength that leads to better tie up. We maintain ADD rating with fair value revised to Rs. 1,250.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR has caught a slight Down drift due to ongoing IPO flows and carry trade.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,810 will act as a major support level. On the higher side, Nifty 18,030 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the bank, and IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's highlight: USDINR remains rangebound with a downward bias thanks to FPI flows into the primary market.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,800 will act as a major support level. On the higher side, Nifty 18,000 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the bank, auto, and IT space.
Get forex market and rupee movement updates on the go with Kotak Securities
Today's Highlight: Currently in Currency podcast by Anindya Bannerjee. USDINR is going to be rangebound with a slightly downward bias in a holiday-shortened week.
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Nifty 17,500 will act as a major support level. On the higher side, Nifty 17,800 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the banking space.
Join Rini Mehta for the week's fundamental insights.
Weekly pick: ICICI Bank - The bank reported 30% year-on-year (YoY) earning growth on 20% YoY operating profit growth. The scope of earning upgrades remains high. We maintain Buy rating with revised fair value of Rs. 900.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Highlight: USDINR is going to trade with a slightly downward bias due to IPO flows and weaker USD index.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR can be rangebound but with a downward bias due to expected FPI flows in upcoming IPOs and weaker oil prices
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,150 will act as a major support level. On the higher side, 18,300 would be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the FMCG, and IT space.
Join Sahaj Agarwal in this Weekly Expiry update to get key insights.
Highlight: Support at 18150; selling pressure below the same.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR may remain rangebound. Focus on option selling strategies. A new factor to watch is futures premium.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,950 will act as a major support level, while 18,100 would be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal, cement, and IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR is going to be rangebound due to the lack of dominant triggers. One is advised to focus on option selling to strategies to benefit from rangebound conditions.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 18,300 will act as a major resistance level.
Nifty 17,950 will be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the FMCG, metal, and bank space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDIINR is expected to open higher tracking weaker equities but it may find strong resistance near 75.15. Keep an eye on equity and oil as driver for this week
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,050 will act as a major support level, while 18,350 would be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the bank, auto, and IT space.
Join Rini Mehta for a fundamental view of the market.
Weekly pick: Bajaj Auto - We believe the company is well-placed to gain from rising exports and increase in market share in the premium motorcycle segment.
Get forex market and rupee movement updates on the go with Kotak Securities
Today's Highlight: Currently in Currency podcast by Anindya Bannerjee. USDINR continues to remain in a mild downtrend aided by weak Dollar index.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,250 will act as a major resistance level. The strategy should be to lower weak long positions at the resistance level and buy around Nifty 18,100 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the bank space.
Join Sahaj Agarwal in this Weekly Expiry update to get key insights.
Highlight: Range of 18200-18460 expected to hold; expiry bias negative below 18460.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR can come under selling pressure due to sharp appreciation seen in Chinese Yuan and global rally in equities but 75 remains a major support zone.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,150 will act as a major support level. On the higher side, Nifty 18,450 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the bank, cement, and telecom space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR can come under selling pressure due to sharp appreciation seen in Chinese Yuan and global rally in equities but 75 remains a major support zone.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,400 will act as a major support level. On the higher side, Nifty 18,500 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, bank, and metal space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,550 will act as a major resistance level. The strategy should be to add long positions around Nifty 18,400 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the FMCG, bank, metal, and IT space.
Join Rini Mehta for a fundamental update from our research desk.
Weekly pick: ABB India - The company stands on the strength of its relationship with the global parent.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,250 will act as a major support level. On the higher side, Nifty 18,500 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal, energy, bank, and NBFC space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may open gap down near 75.07 and then trade with a rangebound bias due to contrasting impact of higher oil prices and higher equity markets
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,080 will act as a major support level. On the higher side, Nifty 18,375 would be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, metal, and bank space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR may slip into a range as US dollar index weakens and Equity markets head higher, with oil prices holding firm.
Join Sahaj Agarwal in this Weekly Expiry update to get key insights.
Highlight: Range bound movement @ 18050-18200; Bulls take charge above 18200.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 18,050 would be a crucial level to watch out for. If the Nifty fails to cross the 18,050 level, it would remain range-bound between 18,050 and 17,800 levels with a negative bias, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the FMCG, bank, auto and media space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR remains in slow uptrend, helped by higher oil prices and firm US Dollar index but lack equity sell off keeps upward momentum at check.
Join Rini Mehta for a weekly overview of the markets.
Weekly pick: Steel Authority of India (SAIL) - We expect SAIL’s EBITDA to grow at 10% CAGR over FY21-24E.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,800 will act as a major support level, while Nifty 18,100 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, bank, and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR had an upward drift due to rising oil prices and strong US bond yields.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR continues to trade with an upward bias, thanks to rising oil prices and US bond yields. Volatility can be high due to RBI policy and US jobs report..
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,950 will act as a major resistance level.
Nifty 17,700 will be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, metal, auto, and pharma space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR is at an important resistance zone near 75.20/25 levels. How the next trend shapes up, will depend on oil prices and DXY.
Nifty 17,950 will be an important level to watch out for. The strategy should be to add stocks with a short term view if Nifty sustains the 17,700 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, and bank space.
Join Sahaj Agarwal in this Weekly Expiry update to get key insights.
Highlight: Bulls should defend 17610 to maintain momentum; Breach will defuse momentum.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR can continue to move higher, towards 75 levels, on the back of rise in oil prices.
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Nifty 17,640 will act as a major support level. On the higher side, Nifty 17,850 will act as a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, FMCG, and pharma space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR can continue to move higher, towards 75 levels, on the back of rise in oil prices.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,600 will act as a major support level, while 17,450 would be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the bank, and pharma space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may continue to remain ranged. Hence, focus on option selling. But also monitor global situation as oil and US yields continue to rise.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,300 will act as a major support level. On the higher side, Nifty 17,650 will act as a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, FMCG, pharma, and auto space.
Welcome to the new trading week. Join Rini Mehta for the Weekly Fundamental Outlook.
Weekly pick: Tech Mahindra
Tech Mahindra seems set for solid revenue growth. The company has created additional engines of growth around specific horizontal and vertical offerings. We raise earning estimates and value the stock at 20 times September 2023E EPS.
Other pick: Aarti Industries
We initiate coverage on Aarti Industries with BUY rating and conviction in its strong growth trajectory.
Get forex market and rupee movement updates on the go with Kotak Securities. Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR would benefit from weaker equity and stronger US dollar index.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,800 will act as a major resistance level. The strategy should be to add long positions around 17,500 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the pharma, auto, metal, and IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR to trade with a mild Upward bias within a range. Strong US Dollar index and oil prices are supportive factors.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,690 will act as a major support level, while Nifty 17,790 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, and metal space.
Join Sahaj Agarwal in this Weekly Expiry update to get key insights.
Resistance for the day seen at 17785; Bulls take charge above the same.
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Today's Highlight: USDINR futures may trade with a slightly upward bias due to rising US bond yields, strong DXy and weak equity markets.
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Nifty 17,850 will act as a major resistance level. If the market falls on 20 days simple moving average i.e. around 17,500 levels, then the strategy should be to be a short-term contra buyer, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the pharmaceutical space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR may continue to remain ranged. Hence, focus on option selling. But also monitor global situation as oil and US yields continue to rise.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,800 will act as a key support level, while Nifty 18,100 will be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
T0day's Highlight: USDINR may continue to be rangebound. One can focus on selling strangles and straddles to benefit from low volatility.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,750 will act as a major support level, while on the higher side, Nifty 18,000 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, housing finance, auto, and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's highlight: USDINR can continue to oscillate between 73.50 and 74. Focus on option strategies to benefit from rangebound market.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,700 will act as a key support level and Nifty 17,700-17,750 is the area where one should look to add some long positions. On the higher side, Nifty 18,050 would be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: Watch out for the 74.00/74.10 cluster resistance on USDINR. Incase of a clear breakout, we can quick gains towards 74.60. Higher dollar index and rising oil prices are supportive.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,500 will act as a key support level. On the higher side, Nifty 17,660 would be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, financials, and metal space.
Join Sahaj Agarwal in this Weekly Expiry update to get key insights.
Highlight: Bulls in control above 17520 for 17650/17700 possible; Breach will invite selling pressure.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
All eyes on two major events: US central bank meeting and Chinese property sector stress. Volatility can increase. Listen how to position yourself for that volatility
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,450 will act as a key support level, while Nifty 17,660 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the IT, FMCG, financials, and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may see stabliity & rangebound movement as global markets are seeing some stability in the morning. However, buy on decline is advised as Chinese situation is far from resolved.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,150 will act as a key support level, while Nifty 17,450 will be a key resistance level. The strategy should be to buy strong companies between Nifty 17,250-17,150 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the technology and metal space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Due to stress in Chinese economy and it’s financial system, USDINR can rise towards 74 levels. We are stepping onto an event ful week with Chinese And us central bank meetings.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,350 will act as a major support level, while Nifty 17,700 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto, metal, IT, and FMCG space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains within a range due to lack of dominant triggers. Focus on option selling strategies. One risk worth monitoring is Chinese property market stress.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,540 will act as a major support level, while Nifty 17,690 will be a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the banking, auto, metal, and NBFC space.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 17,400 will act as a major support level. On the higher side,
Nifty 17,600 will act as a key resistance level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the bank, auto, metal, and financial space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR remains ranged between 73 and 74. Option selling remains a preferred route to capitalise on the rangebound nature of markets.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR trades with a mildly upward bias due to weakness in Asian equities and rising oil prices. Weaker Chinese economic data augurs well for USDINR.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
As the market failed to sustain at higher levels, we need to be cautious with short-term trading long positions until the Nifty is not crossing 17,450 levels. The strategy should be to buy on dips around Nifty 17,300 levels, says Shrikant Chouhan in our Daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal, auto, FMCG, and pharma space.
The focus would be on the US CPI inflation data, says Ravindra Rao, our head of Commodity Research in our weekly outlook.
Get forex market and rupee movement updates on the go with Kotak Securities
Today's Highlight: USDINR can see more upside on the back of strong US Dollar Index and mild risk off in equity markets.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,250 level is acting as the decisive level for the market. Below the level of Nifty 17,230, the Nifty would come to the level of 17,000 with minor support at 17,150, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the real estate, FMCG, and pharma space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR can see more upside on the back of strong US Dollar Index and mild risk off in equity markets.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,230 will act as a major support level. On the higher side, Nifty 17,450 would be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the realty and cement space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR is rising on the back of stronger US Dollar Index, weakness in stocks and rising US bond yields.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,240 will act as a major support level and below that we can expect further more weakness up to 17,200-17,140 levels. On the higher side, Nifty 17,400 will be an important level to watch out for, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and auto space.
Join Sahaj Agarwal in this Weekly Expiry update to get key insights.
Highlight: Range bound movement expected - 17250 & 17400; aggressive move beyond the same.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: Rising US bond yields and strong US dollar index pushed USDINR higher. View remains of a range, thanks to mixed global cues.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Above Nifty 17,450, the chances of Nifty hitting 17,550 will turn bright. The strategy should be to buy at major supports, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the NBFC, FMCG, and metals space.
Get forex market and rupee movement updates on the go with Kotak Securities.
Today's Highlight: Currently in Currency podcast by Anindya Bannerjee. USDINR continues to be in a slow downtrend, supported by weak US Dollar Index and strong equity markets
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,450 will act as a major hurdle. The strategy should be to buy at major supports, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the FMCG space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR continues to be in a slow downtrend, supported by weak US Dollar Index and strong equity markets.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,200-17,150 will act as key support levels. On the higher side, Nifty 17,500 would act as a major resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial and metal space.
Join Rini Mehta as she shares important market updates both domestic and global from a fundamental perspective to help you kickstart your trading week.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR remains in downtrend. Watch out for RBi intervention. Today focus will be on US jobs report in the evening.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,050 and 16,950 are crucial support levels. The strategy should be to buy on dips at major support levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the commodities, financials, metals, and cement space.
Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the commodities, financials, metals, and cement space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: Weak US Dollar Index and rising equity markets can continue to push USDINR lower. Watch out for RBI intervention at lower levels.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,150 will act as a crucial level to watch out for and closing below this level would invite further weakness in the short term and the possibility of hitting 16,980-16,950 would turn bright, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the banking and financial space.
Join Sahaj Agarwal in this Weekly Expiry update to get key insights.
Today's Highlight: Support at 17050 for expiry - make or break!
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR remains in downtrend. Watch out for a strong support around 73.00 levels. Strong Indian GDP and weak US macro data may continue to drive USDINR lower.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 17,200-17,220 will act as important resistance levels. The strategy should be to buy on dips and sell on rallies, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the construction, FMCG, financials, and capital goods space.
The focus would be on the all-important US NFP print and PMI data from around the globe, says Ravindra Rao, our head of Commodity Research in our weekly outlook.
Get the full market update and strategy for Gold, Silver, Crude Oil, and base metals.
Get forex market and rupee movement updates on the go with Kotak Securities
Today's Highlight: Currently in Currency podcast by Anindya Bannerjee. USDINR remains in downtrend. Watch out for RBI intervention at lower levels.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,700-16720 will act as crucial support for the markets. The strategy should be to buy at every minor and major support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto, financials, cement, metals, and power space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
USDINR may continue to be in the downtrend, thanks to risk on rally in equity markets and weakness in the US Dollar index, post dovish talk from US central bank chief.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,350 will act as crucial support level. On the higher side, Nifty 16,750 would act as a key resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, metal, and consumption space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Today's Highlight: Volatility may return as US central bank chief takes the podium in Jackson Hole tonight. Focus on USDINR option plays to benefit from expected increase in volatility.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
If Nifty crosses the 16,750 level, we may see an uptrend in the markets. On the other hand, below Nifty 16,350 we may expect furthermore decline, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the NBFC, and FMCG space.
Get forex market and rupee movement updates on the go with Kotak Securities the Currently In Currency podcast by Anindya Bannerjee.
Today's Highlight: USDINR may remain ranged ahead of Jackson Hole meeting, starting tomorrow. One can look at buy USDINR strangles to benefit from post-event volatility.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,500 will act as crucial support level and Nifty 16,600 would act as a trend-setting level. The strategy should be to buy if the Nifty corrects to 16,530-16,500 levels or on the reversal formation at 16,600, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the banking, consumption, and metal space.
Tune into the Weekly Expiry podcast to get updates from our derivatives research head Sahaj Agrawal.
Today's highlight - Nifty could witness range-bound movement for tomorrow; selling pressure below 16570.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Highlight: Risk on mood in global equity markets and softness in DXY can push USDINR towards the lower end of the 2- month range near 74.00 levels. RBI intervention may prove supportive.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Highlight: Nifty 16,550 will act as crucial support level. On the higher side, Nifty 16,740 would act as major resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial, NBFC, and banking space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Highlight:
Risk on mood in global equity markets and softness in DXY can push USDINR towards the lower end of the 2- month range near 74.00 levels. RBI intervention may prove supportive.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Remain careful while adding long positions till Nifty crosses 16,700 levels. The strategy should be to remain stock-specific and reduce long positions at each resistance level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metals, and financials space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Highlight:
USDINR may continue to remain choppy and rangebound. Hence, focus on option selling strategies to accumulate premiums. Low margins in USDINR, offers better ROI in USDINR options over Nifty options
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Highlight:
Nifty 16,330 will act as crucial support level. On the higher side, Nifty 16,600 would act as major resistance level and around this levels one should reduce week long positions, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal, FMCG, and IT space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Highlight: USDINR could breakout from its last one month range on the back of global risk aversion. Bias is now upward
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.
Nifty 16,350-16,400 are important levels to watch out for. Add long positions in case Nifty falls to around 16,350 levels with a medium-term view, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the auto, and banking space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Highlight:
USDINR remains rangebound due to lack of dominant triggers. Focus on option selling strategies.
Tune into the Weekly Expiry podcast to get updates from our derivatives research head Sahaj Agrawal.
Today's highlight - Significant divergence seen in markets - frontline continue to outperform. Support seen at 16500.
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Daily Trade Talk Podcast.
Nifty 16,650-16,700 will act as crucial resistance levels, while Nifty 16,500-16,450 will be an important support area, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financial, cement, and capital goods space.
Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Bannerjee.
Highlight:
USDINR remains ranged due to strong $ buying from RBI & strong risk appetite in equity markets
Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Daily Trade Talk Podcast.
Nifty 16,480 will act as a crucial support level. On the higher side, Nifty 16,590-16,650 would act as major resistance levels, says Shrikant Chouhan in our Daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal, energy, housing, and insurance space.
Tune in every Tuesday for the weekly commodity outlook with Ravindra Rao.
Today's Highlights :
COMEX Gold has bounced sharply from recent lows but the gains may slow down as we move towards US$1,800/oz. - The trend in the US Dollar index may continue to impact precious metals. - For crude oil, WTI Crude oil may continue to trade in a broad range with focus continuing on virus situation which will help to form demand outlook. - For Industrial metals, choppiness may continue amid slowdown in Chinese economy and increasing virus spread. - The focus for the week will shift to FOMC minutes and comments from Fed Chairman Jerome Powell impacting the US dollar and commodities. The focus would be on FOMC minutes and comments from Fed Chairman Jerome Powell impacting the US dollar and commodities, says Ravindra Rao, our head of Commodity Research in our weekly outlook.
Nifty 16,350 will act as a crucial support level. On the higher side, above 16,546, the Nifty would halt at 16,600-16,700 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the metal, energy, telecom, and consumer durables space.
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Rini Mehta takes us through some key fundamental highlights for the week.
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Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast. Nifty 16,300-16,250 will act as crucial support levels. The Nifty on Thursday formed a bullish continuation formation, and on that basis it is poised to move towards 16,450-16,500 levels, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and select stocks from the financials, metal, and IT space.
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