What should your Strategy for 04-03-2020! After NIFTY CLOSED @11303, +170 (1.53%), What's reason behind it! ,Is Bottom Creation Completed? | What's Happening on 2nd Day of SBI Card IPO, With Personal Openion | Levels for Nifty and Banknifty for 04-03-2020 | Today's Market Movers | Global Markets & Stocks in the news.

                                                                                                                Date: 03-03-2020

 

         Subject: (1) Today's Market condition of Nifty. Banknifty & Sensex
                        (2) What's Happening on SBI Card IPO on 2nd Day?
                             (With Personal Openion for Should you Subscribe or not?)
                        (3) Today's Market Movers,
                        (4) Stocks in the news and Global Markets
                        (5) Levels for Nifty and Banknifty for 4th March
                        (6) Results of Given calls to Paid Clients for 03-03-2020

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           Hope your Day spends Good, Let's come to our Today's topics as I mentioned in Subjects.

(1) Today's Market condition of Nifty. Banknifty & Sensex

           First of all Let's talk about Today's Conditions of Nifty, Banknifty and Sensex with the Chart of 15 Min Time Frame.

          Nifty 50 Closed UP by (+170 Pts.) (1.53%)

       

        Analysing Chart of Nifty 50 : 15 min Time Frame

           Presenting here the Chart of Nifty 50 with 15 Min time frame. First of all Let's talk about DOW JONES, the Dow Jones closed by +1293 Points, (+5.09%), And Also SGX Nifty was in Green, They both are Boosted up Nifty today and Nifty has opened Gap up with +84 Points and Performed at a Bullish side direction and at the end of the market Nifty has closed by +170 Points (1.53%)

         Technically As we all can see the levels of Support and Resistance zones. There is a Supply Demand zone between 11165-11130, Hence Nifty came here, Sustained here and Go back to Upside Movement. After Opening Nifty has touched the Resistance of 11317 and come back to 11177 at Major support. Then there is also Supply Demand zones so It's strong signal to make Nifty for Upwards movements.

            After taking support of 11177 It's come up again to the 11317. Slightly Breaks the Level of 11317 and Made high of 11342 for the Day's High. 

           So Now, What's the next? Is Downside Bottom Done? Is Downside Rally Done? Is Nifty going to Make new Higher Highs in Next Trading Sessions? Answer in Next Paragraphs.

           In Nifty 50 the Chart time frame with 1 Day, It's Made a Pattern Named BULLISH HARAMI. Generally this Pattern is called Bullish Pattern. So now From here Nifty can Go up till 11425-11450 Level, Because There is Major Resistance, And the Boost up is Bullish Harami Pattern to make a Nifty make a Rocket for the Next Level.

           Presenting a Bullish Harami pattern which Nifty 50 has made today in Image.

                                     

           

            The Pattern marked in the Chart is Called Bullish Harami pattern. It can boost up Nifty till the Levels 11425-11450. 

               So It's Our Technical analysis Views about Nifty 50 for Upcoming Trading sessions. 

         At the End of the Blog we will provide Levels for Nifty and Banknifty for 04-03-2020.

               

             Now Let's Talk about Banknifty Chart Analysis.

           Banknifty Closed up By +308 Pts. (+1.07%)

    Analysing the Chart of BankNifty: 15 Min Time frame

            Presenting the chart of Banknifty 15 Min time frame. Today Morning as we all know the Nifty has opened by +85 Points , Respectively the Banknifty also opened Gap up more than +110 points. And Breaks the support at 29043 and made low of 28755 for the Day's low. 

         As Nifty has Boosted up after touching major Resistance, the Banknifty also has boosted up and Again cut the 29043 Level as a Resistance. And closed at the Near of the Day's high at 29240. Hence the Day's High price was 29280. 

          There isn't any Major Levels found in Banknifty charts, But Nifty has mostly Looking Bullish till 11425-11450, So Banknifty can go till 29600-29800 in Next Trading Sessions. 

           

           Sensex closed UP by +479 Points (+1.26%)

                As a Nifty, Banknifty and Mostly Dow Jones has Closed with Green at the End of the Trading Session, The Sensex also Jumped +479 Points (1.26%) today.

            Now Let's Move to our second subject about SBI Card IPO.

             

       (2) What's Happening on SBI Card IPO on 2nd Day?

            

              SBI Cards IPO gets Over 87% Subsription on the 2nd Day of Subscription. Mostly IPO applied by Retailers and Employees.

              SBI Cards is well positioned for continued growth given its strong market position with diverse product offerings, healthy financials, stable asset quality, and sustained support from promoter SBI.

            The Retail investors Subscribes IPO by 1.21 Times, by Employees it's subscribed by 1.84 Times, and SBI Shareholders subscribed IPO by 1.4 times.

          The reserved portion of qualified institutional investors has subscribed 21.52 percent, while that of non-institutional investors category saw subscription of 47.06 percent.

          At upper end of price band of Rs 750-755 per share, the IPO is priced at 13.5 times post issue FY20 book value and 45.8 times post issue FY20 EPS (annualized).

  Now Coming to my Personal Openion for the SBI Card IPO,

Should you Subcribe it or not?

          At present, SBI holds 74 percent stake in SBI Card while CA Rover holds 26 percent. Their stakes will be reduced to 69.51 percent and 22.40 percent, respectively, after the issue.

          And As we mentioned above in the SBI Card IPO section, So feels from that the IPO is going to be Oversubscribed, So my Personal Openion about IPO is Yes, You can Subscribe it. 

It's My personal View, There isn't any Compulsion to apply it or not.

                           (3) Today's Market Movers

        Now Let's Move to 3rd Subject, Today's Market Movers, Maybe guys you are thinking that What are these Market Movers! 

                    Answer is The Market Movers stocks are these which Makes the direction for the Nifty 50, Sensex and Nifty Bank. The stocks which price is Fluctuated most and Makes market moves Upside or Lowerside. So those Stocks are Known as Market Movers.

                   Let me show you some Today's Market Movers stocks with Images.

        Reliance Comes back after tests Major Support

          ICICI Bank Getting Rejection from Support

      Bajaj-Finance Getting Rejection from Major Support

          SunPharma Bounce back from Major Support

Some More Market Movers Mentioned below: 

1. Infosys

2.TCS

3. Kotak Mahindra

4. LT

5. Zeel

             (4) Stocks in the news and Global Markets

First let's have a Look at Global Markets. See the Image mentioned below.

                

Most of Global markets timing are different then Indian Markets. Dow Jones is in Running position now. SGX Nifty has been closed for today's Trading session.

So Just have a Look at it. For the Prediction of Nifty 50 with the Help of Global Markets Don't your Heads up, We will Upload it by Tomorrow Morning on our Free Whatsapp Group.

At the End of the Blog you will get the Link of our Free Whatsapp group.

Let's have a Look at some news:

1.

Antony waste Handlling cell raises Rs.60.94 cr from Anchor Investors

2.

Rupee breaches Rs. 73 Mark , Jumpes 47 paisa against UD DOllar abid Corona Virus Uncertainly

                                                    3.

Intense Technologies has bagged a large deal for digitalizing mission critical citizen services in India in partnership with a large System Integrator.

Hence the Share price Gains 4% in a Single Day.

     Now at the End of the Blog I am Giving you a Levels of Nifty and Banknifty for Tomorrow.

      Levels of Nifty and Banknifty For 04-03-2020

1. For Nifty Resistance No.  (1) 11350 (2) 11380 (3) 11440 (Swing)

    For Nifty Support No. (1) 11275  (2) 11240  (3) 11170

2. For Banknifty Resistance No. (1) 29250 (2) 29350 (3) 29500

    For Banknifty Support No. (1) 29000 (2) 28900 (3) 28730

YOU CAN CONSIDER SUPPORT AND RESISTANCE AS A TARGETS. 

Now Publishing the Results of Given calls for 

Today (03-03-2020) to our Paid Clients

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So that's it for this Blog guys, Hope you Like our today's Content and Hope the Levels Provided to you will help you and Give you a Little bit of idea.

     Comments and Feedback are Always appreciated.

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What should your Strategy to Trade on 03-03-2020 After Nifty Closed By -69 Points. Levels of Nifty and Bnf for 03-03-2020. Today's Market Movers, 1st Day of SBI Card IPO, Stocks in News and Global markets.

                                                                                                                      Date: 02-03-2020 

 Subject: (1) Today's Market condition of Nifty. Banknifty & Sensex

                     (2) 1st Day of SBI Card IPO,
                     (3) Today's Market Movers,
                     (4) Levels for Nifty and Banknifty for 3rd March
                     (5) Stocks in News and Global Markets.

  (6) Results of Given calls to Paid Clients 

for 02-03-2020

                    Hey My Brothers & Sisters,
 Hope your Day spends Good, Let's come to our Today's topics as I mentioned in Subjects.

                    First of all Let's talk about Today's Conditions of Nifty, Banknifty and Sensex with the Chart of 15 Min Time Frame.

                     Chart of Nifty 50 : 15 min Time Frame
                                                         

                  Here's presenting the Chart of Nifty 50 with 15 Min time frame, At Morning 9 AM in the Pre Open market Nifty was opened +185 Points Green in the Morning, The reason behind is that the SGX Nifty also running at +1% Almost 125 Points, But In the Second half Nifty Breakdown of Important level of 11182, And achieved 11100 and 11050 Respectively. And also SGX Nifty also Closed by -1% down, 

                        Nifty 50 Closed by -69 Points (-0.62%)

                 By this Effect and a News that 2 person confirmed Positively with Corona virus, One in Delhi and One in Telengana, It's totally Changed the market trend and Nifty, Banknifty and Sensex are breaks Downside Supports and then Go for Newer Supports Respectively.

                At the End of the Blog we will provide Levels for Nifty and Banknifty for 03-03-2020.

                 Now Let's talk about Banknifty chart frame with 15 min Time Frame.

                     Chart of Banknifty : 15 Min Time Frame

                       Now Presenting the Chart of Banknifty 15 min time frame, Banknifty has also Opened With Big Gap up almost 700 Points. But as we all know that there are some Market Movers and Nifty are there which takes the Power for the Next Movement of Banknifty, It's Opens with the Huge gap up with 700 Points and Closed down by -278 Points (-0.96%).

                     Let's see by Technical view for Banknifty Levels.

28940 was the Major support for the Banknifty, Hence The Nifty has made lower low in Second half, So Banknifty also Breaks 28940 and Achived 28575 respectively. These Both are Major supports for Banknifty, Now if Market opens tomorrow in Red, Banknifty will go for More and More downside Targets 28500, 28000 , 27600 Respectively, Not in one day, But by some coming Trading sessions. 

                  At the End of the Blog we will provide Levels for Nifty and Banknifty for 03-03-2020.

                  Banknifty Closed by -0.96% (-278 Points)

                     Sensex closed Down by -0.40% (-153 Pts.)

                Now Let's Move to our Second subject which is 

                              1st Day of SBI Card IPO

                   So Let's talk about the Largest IPO of 2020, IPO of SBI Card. Today the IPO Applying has been Started and it will continue till 5th March 2020.

                   Let's Know some Important stuff about SBI Card IPO. 

1. SBI Card IPO Receives Subsription of 39% on 1st Day, it's        worth Rs. 10335 Crore.

2. The Public Issue received Bids for 3.94 Cr. Shares against IPO size more than 10 Cr. Shares.

3. SBIN stock Falls -5.08% on Very first day of SBI Card IPO.

4. The country's second largest credit care issuer already raised Rs 2,769 crore from 74 anchor investors on February 28, a day before the issue opened, at a higher end of price band of Rs 750-755 per share.

5. SBI Cards is aimed to Raise Rs 10,355 crore through the issue which will remain open for Qualified Institutional bidders till March 4, and other Investors can put in Bids till March 5th.

                   So these are the Important Facts about the SBI Card IPO. Are you going to Subsribe?

Comment your Reply now. Let's Talk more about in Comments.

                    Now Let's Move to 3rd Subject, Today's Market Movers, Maybe guys you are thinking that What are these Market Movers! 

                    Answer is The Market Movers stocks are these which Makes the direction for the Nifty 50, Sensex and Nifty Bank. The stocks which price is Fluctuated most and Makes market moves Upside or Lowerside. So those Stocks are Known as Market Movers.

                   Let me show you some Today's Market Movers stocks with Images.

                    

                           SBIN Breaks Major Support today 

                        AxisBank Major Support Breakdown

                       Tatasteel Major Support Breakdown

                      Indusindbank Major Support Breakdown

Some More Market Movers Mentioned below: 

1. Reliance

2. ICICI Bank

3. HDFC

4. HDFC Bank

5. Maruti Suzuki.

                  Now Let's have a Look at Global Markets.

Most of Global markets timing are different then Indian Markets. Dow Jones is in Running position now. SGX Nifty has been closed for today's Trading session.

So Just have a Look at it. For the Prediction of Nifty 50 with the Help of Global Markets Don't your Heads up, We will Upload it by Tomorrow Morning on our Free Whatsapp Group.

At the End of the Blog you will get the Link of our Free Whatsapp group.

                  

                   So Let's move on our 4th Subject News about the Stocks and Indices.

           Sensex erased 939 points from day's high to close at 38,144.02, while the Nifty50 falls 300 points from high to close at 11,132.80 after 2 Cases confirms Positive in India.

 Gold prices fell for the fifth consecutive day on March 2, hitting Rs 42,326 per 10 gram in the Mumbai bullion market.

Piramal Enterprises Received $900 MN on closing Sale of DRG business

  Now at the End of the Blog I am Giving you a Levels of Nifty and Banknifty for Tomorrow.

              Levels of Nifty and Banknifty For 03-03-2020

   

1. For Nifty Support No.     (1) 11100 (2) 11050 (3) 11000 

    For Nifty Resistance No. (1) 11150 (2) 11200, Expecting                                                                       Reverse from here 

2. For Banknifty Support No. (1) 28500 (2) 28350 

    For Banknifty Resistance No. (1) 29000 Expecting Reverse 

   from here 

                     

YOU CAN CONSIDER SUPPORT AND RESISTANCE AS A                                       TARGETS

             Now Publishing the Results of Given calls for Today (02-03-2020) to our Paid Clients, 

                   Have a Look at it, Given image Below 

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So that's it for this Blog guys, Hope you Like our today's Content and Hope the Levels Provided to you will help you and Give you a Little bit of idea.

                   Comments and Feedback are Always appreciated.

Either Good or Bad, No Matter.

                   Hope everyone will do good, Take care of your Parents. Remember us in your Prayers. 

  

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GLOBAL MARKETS CONTINUES CRASHED DOWN ON FRIDAY, What could the Possibilities for Nifty on 2nd March, What would your strategy for trading on 2nd March 2020?

                                                                                                              Date: 01-03-2020 

SUBJECT: What should be your strategy to trade tomorrow 

After Crashed Stock Markets on Last Friday?

                                 Hey my Brothers and Sisters,
                          We all know that on Last friday Global stock markets and Nifty has crashed by -3.71% (-431 Pts) Due to the Affection of CORONA Virus news on Global Markets and the Same has affect our Indian Markets and It's only reason behind the Crashed the NSE & BSE.

                     By this effect of Corona Virus news the Dow Jones has dropped down by -1.39% (-357 Pts.) At the opening time the Dow jones was dropped by -1000 points, But It's recovers itself and Comes to -357 points.

        
        Nifty Crashed on Friday, 28 Feb. -431 points. (-3.71%)

          Sensex Crashed on Friday, 28Feb. -1448 pts. (-3.64%)

    Banknifty Crashed on Friday, 28Feb. -1039 pts. (-3.44%)

                       So What's next? What can be the Technical Probabilities of the Nifty 50 and Banknifty for the Monday 02nd March 2020? 
     
                     Let's Have a look at the chart of Nifty and Banknifty.

           Analysis Nifty 50 Chart (Time Frame : 1 Day)

               So Presenting the Nifty 50 (1 day time frame chart) Here, Let's see what's the Different levels wants to Specify! 

 1. Nifty 50 has Made low of 11175 on Last friday, So The Major support area around 11180. Fibonacci Retracement is also Showing the same area for Support in the Charts.
     
2. Also we can see the Supply & Demand area Between 11100-11180.

3. As we all know that Dow Jones has tumbles -357 points by Last friday, So there is Possibilities to Nifty to open Likely Negatively and can performs Downside for First half

4. If Nifty is breaking 11100 with High Volume and High Force and sustain there for sometime then the Next target Downside is 10940-10925. 

5. If Nifty making new Lower low during next 3-4 Trading sessions it can be tumble to 10600 for the Final target. 

6. If the target at Downside 10600 achieve in next some days then we can expect Bounce from there, Otherwise Before that only and only Any Positive News can Boost up Nifty 50 And Banknifty. 


 Now Let's have a look at Banknifty Chart (1 Day Time frame)

          Analysis of Banknifty Chart (Time frame: 1Day)

Here Presenting the chart of Banknifty, Now let's see what's the Technicals wants to Specify!

1. Nifty Bank has also Fallen -3.44% on Last friday due to Nifty and Global markets has crashed,
   It has Made low of 29051 on Last friday.

2. It has given Breakdown of Major support at 29440. Then given closing at 29147.

3. Because of Nifty, The Banknifty also looking to open likely a Negative and If making New lower        low then it's New major supports at (1) 28940 , (2) 28150 and Final target at (3) 27600.

4. HDFC Bank and INDUSIND Bank also breaks some Major Supports in Last week. So Banknifty and Nifty Both are looking weak, So Expecting some more Downside Targets next week. Not Expecting all. But some for sure.

5. And The CORONA Virus news is also there to Tumble the markets, So Can't hope any Recovery without the Proper Bottom in the Market. And We have Suggested the Bottom for Nifty and Banknifty.

                  Also Some Stocks are known as Market Movers for the Nifty and Banknifty has also crashed last week, RELIANCE, HDFCBANK, INDUSINDBK, LT, TITAN, KOTAKBANK, TCS Are form them.

                 Let me show some Major Breakdowns for the Stocks in Last week, 
    
                 Here they are,

                      RELIANCE SUPPORT BREAKDOWN

                           TCS SUPPORT BREAKDOWN

                             L&T SUPPORT BREAKDOWN

                 INDUSINDBK SUPPORT BREAKDOWN

                  But Market is Looking Fundamentally Strong, Dow jones also looking Fundamentally strong, So there is a chances of revovery in Coming trading sessions, But If Nifty is going to Follow the technicals so It will make new Lower low, Will make a new Bottom and then Go for Upside. 

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