Forex & Gold Market Insights – Educational Research Blog

·         Us Markets Ended Higher on Monday. Nasdaq Hit fresh all time high. ·         Asian markets and US market fell suddenly at 6:45 AM ·         US official mentioned in a tv interview that US china trade deal is over it means there would be no trade deals now, which market has take huge negative ,impacting us market ,this will be key driver today. ·         US market and Asian market reacted negatively ·         SGX nifty fell more than 100 points , there is again a tough nut ,which will time for markets to digest. ·         Later Trump said china deal is still not over, it is intact, I don’ts know what kind of secret games do they play with each one has contradictory roles. ·         Immediately US markets and Asian Mark...

New weekly series Commencement: Nifty bank Nifty Outlook Broadly it looks market has to be in range of following. *NIFTY* - 10091.65 Resistance: 10175.6-10279.2-10454.5 Support: 9896.7-9721.4-9617.8 *BANKNIFTY* - 20956.3 Resistance: 21266-21619.4-22263.8 India VIX has started moving higher from last five consecutive sessions and moved above 33 levels. However, it is still moving below its major hurdle of 41-43 zone. Further rise in volatility index may result into roller-coaster move in the market. Currently, PCR of Nifty stood at 1.23 and Options data suggests trading range in between 9500 to 10150 zones in coming days. SGX Nifty is down by 40, 50 points. Yesterday the shrt covering rally came. Day before yesterday, in the last one hour Nifty fell 150 points as PM speech was largely misinterpreted. Yesterday PM spoke about Economy. Then markets reversed. Reliance hit all time high once again. Banking stocks out perf...

NIFTY* - 9881.15 Resistance: 9959-10063.4-10137.9 Support: 9780.1-9705.6-9601.2 *BANKNIFTY* - 20201.75 Resistance: 20539.7-20931.9-21243.3 Support: 19836.1-19524.7-19132.5 US markets ended mixed. Dow and S&P 500 were trading in Green in the afternoon and fell in the last one hour. Markets all over the world are highly volatile. Just two days before, many Asian markets were up by 4 to 5%. This is a tug of war between Optimism due to Stimulus and Pessimism due to Corona. Yesterday our markets were trading well until PM spoke in TV. PM said, soldiers sacrification will go waste. People assumed that India may retaliate. Suddenly Nifty future fell nearly 150 points. Now due to Global cues, down another 70 points. But as I said earlier, India can not handle China as it handles Pakistan. Pakistan supports terrorism in Kashmir region indirectly. But China does not support Terrorism. Even i...

Yesterday our markets were highly volatile due to Indo China border issue., Open interest consistently increasing at level of 10000,10100,10200,since its around eight lacs and above hence safely we can conclude that its call writers positions During the market hours, 3 deaths were reported. But later it reported that 20 soldiers died. It seems that China side also had casualties. Let me talk about Indo China problem separately. Now Asian markets are consolidating yesterday's huge gains. Some markets shot up 5% yesterday. But we have under performed due to border issue. HDFC Bank and HDFC supported the market. After a long time I see HDFC Bank as Number 1 among the gainers. Generally Housing Finance companies have done well yesterday. Both HDFC and LIC Housing did well. Reliance is also showing Resilience. FIIs continue to sell. They have sold for about Rs 1500 crores. So far in ...

The roller coaster ride is on. At some point yesterday, Dow future was down more than 1000 points. But Dow closed in Green. Bank Nifty future was down more than 1000 points down from day before yesterday high to yesterday low. Bank Nifty is trading around 20K but making 20K moves in a month. 800 to 1000 points up move or down move has become common. Yesterday market was supported by Reliance, if not Nifty would have broken even 9600. Reliance has crossed all time high silently. I am expecting a target of Rs 1700. Today that will be interesting stock to watch. All private sector banks fell significantly yesterday. ICICI Bank was down by 5.5% at one point. Banks and NBFCs did very badly. FIIs have sold for Rs 2960 crores. With this, they are sellers for fourth straight day and sold for more than Rs 6000 crores. FIIs seems to be fairly short in the market. They added short possitions in both Index Futures and Stock Futures, bought Put Options and sold Call Options. That ...

US markets recovered some losses on Friday. But Asian markets are marginally down. Dow and European Futures are down. SGX Nifty opened slightly below 9800 but now trading about 80, 90 points lower than Friday's close. IIP data from China came at 4.4% Vs expected figure of 5%. But 4.4% is still better than 3.9% last month. China and Hong Kong markets recovered some losses after this data. Friday Nifty shot up from the low of 9500 to near 10000. That was mainly due to short covering. So markets may consolidate now. Next wave of short covering will come only when Nifty crosses 10100. Reliance has done one more deal for JIO investment. So Reliance will be in focus, but falling Crude is not actually good for Reliance. Watch Reliance for Rs 1620, if that resistance is taken out, it can go to 1700. Banking stocks will be in focus after Supreme Court news that the case not about inter...

Option chain analysis: Maximum pain theory and practical Implications: If you will talk about Option pain theory, very rarest of people ,you will come across who are very well familiar with this concept.,although idea of this term was coined in mid of 2004. But any of the theory,wheresoever being applied, it has to make money for you and has got to have practical implications. I have noticed this theory if used with two more indicators, works wonderfully well. Option pain theory required you to be well versed with concept of Open interest. In any of the strike price segment ,when people started noticing that 90 % of strike price most of time ending as worthless ,hence it came to know that option sellers are real kingmakers , who are making money. Now here considering this theory as true , we can substantiate some facts which will be testified with practical results. At any point only one party can make money i.e either the option buyers or option sellers, but not both...