Andrews

INDIAN MARKET WILL CORRECT OR CRASH    By Andrews Joseph 21ST NOVEMBER 2021 1.Nifty has made a top of 18,604 on 19th October 2021 and made intraday fall of more than 200 points on the same day, post that gradually made a correction of 4.67% around 840 points till 18th November. And ende at 17764 on 18th November  2. I have already updated on my telegram channel on 22nd October 2021 that we may see correction. Search the below link and join the telegram channel  https://t.me/AMFTraderz 3. The fall led by reliance and other banking sector., and a disastrous opening by largest opening by paytm which has fallen 25% on first and it is likely to be continued.   4.Midcap and small cap stocks has continued to decline . 5. World indices American markets such as S&P 500 , Nasdaq and Dow all were trading in ALL TIME HIGH  after minor correction during the month of August September. Will see a  trouble if their is any delay in debt ceiling ...

US STOCK MARKET SHOWS SIGNS OF WEAKNESS By Andrews Joseph SEPTEMBER 17 TH 2021 1.US stock indices,S&P 500, Dow Industrial, Dow transportation and Nasadaq had consecutive fall for last 7 trading sessions, Despite Apple introduced new iPhone version the stock fell. 2. The famous Dow theory is showing sell signal in one of the US indices Dow Transportation. 3. Another major economic factor Seems to be a Disruption in supply chain in US. 4. Some of famous indicator such as Shiller pe ratio, buffet indicator and ray dalio indicator are not in favor of the U.S market. 5. The macro index model which shows the strength and weakness of the economy is showing weakness where it has started to drop on the downside at 0.4 and And it is the second lowest since 2009. 6. Another model called bear market probability model has started to  rise, this indicator is calculated on the basis of unemployment rate, manufacturing index and then inverted yield curve, interest rate, infl...

Nifty all time high  By Andrews Joseph Nifty has opened with a big gapup today of more than 70 points breaking all the resistance level and Infact no resistance level as of now. Opened with all time high and closed with all time high. Last time the rally was led by few stocks and sector but this time the rally was even across all sectors except IT stocks, which I have mentioned in my previous blog that IT stocks are slightly over valued. Important sectors which is noticed to be banking sectors which has made a surprise rally despite of growing NPA concerns, next quarterly result will be crucial as to see which bank has taken measures to curb the NPA ,as per my previous blog you can notice that I have mentioned that banknifty will help nifty to cross All time high. And bank nifty is trading at resistance zone. Midcap and small cap stocks has start to perform especially midcap stocks, which will be a sign of relief for retailers those who have invested in midcap stocks and their port...

MARKET GLIMPSE FOR THIS WEEK   By Andrews Joseph  Nifty has broken all the resistance level and Important level of 15,962 on 3rd Aug 2021 and kept a non stop rally and closed at all time high of 16529 on Friday. The rally is not even across all sectors hardly around 8 to 10 stocks which contributed to the rally. Bank nifty is yet to make all time high as growing concerns of npa's in some banking stocks. Let us see how banking stocks perform coming weeks. If it continued to move up it may help nifty to hit all time high again. Midcap and small cap stocks are underperforming especially auto and pharma sectors. When it comes world indices American markets such as S&P 500 , Nasdaq and Dow ended in positive. European market especially Dax German market has bounced sharply. Important events for nextweek Monday 16th August we have Japan GDP data will be released before our market open, Tuesday UK unemployment data and Euro GDP data and most important event is US FOMC MINUTE...

GOLD PRICE ANALYSIS FOR THE MONTH OF AUGUST 2021 AND UPCOMING DAYS BY ANDREWS JOSEPH After a significant sell of in June we did see the price of gold recovered in July. But again on 5 th August last Friday huge single day sell off and made a low 1758$. It will be interesting to see how it perform in coming days since it is last high made in the month of August 2020 last year 2075$. A good base was made and has traded in tight range in the month of March and made a double bottom and the price was almost 10% down since then. The reason for significant drop on Friday is the U.S unemployment data released on Friday which is positive for Dollar index and negative for precious metal. And the other reason is if we look at the US stock market indices like S&P 500 , Dow and Nasdaq composite continuously hitting all time high. Even when they correct it has bounced back strongly. Of course this will change in 2 nd half of this year and gold will move up as investors remain cautious and ...

Market Glimpse For upcoming Days By Andrews Joseph  1. Nifty has broken the resistance level of 15914 and touched all time high. Uptrend started is it?. May be no as of now. 2. US index S&P 500, Nasdaq, Dow industrial and transportation ended red yesterday as well as European market. 3. Inflationary fears grip US market .need to see how fed is reacting on the same on coming days. 4. SGX nifty ended 100 points down 15820 yesterday on global cues. As against our nifty index 15923. 5. Though the quarterly result of infosys is good but the stock is almost down by 1.60%.  6. HDFC is posting their q1. Result today. 7. Metal and textile sector has performed well in the recent days. Sail has formed symmetrical triangle pattern. Again Depends on how markets reacts on Monday 8. Immediate support level for nifty is between 15787 and 15763.which will act as crucial levels. 9. Gold and Silver ended on negative note. Good time to accumulate  10. Chances are high that market will be...