Hello reader, hope you’re doing well. Today’s opening on Nifty is expected to be a flat one, with not much of a gap. At the same time, we’re also seeing that even with the correction, a gradual decline in VIX indicates that there isn’t too much fear and selling in the markets. One key thing […]
Feb 28, 2023 – Market Overview Read More »
Hello reader, hope you had a good weekend. Keeping the post very short today due to a busy schedule. The index does look oversold in the short term on technical and derivative fronts, but with nifty breaking the key support of 17500, one should not rule out further downside. Reliance, NTPC, DLF, are ones to
Feb 27, 2023 – Market Overview Read More »
Jim Simons is a highly successful investor and hedge fund manager, who founded Renaissance Technologies in 1982. While the exact details of Renaissance Technologies’ trading strategies are closely guarded secrets, there are some trades that have been attributed to Simons over the years: Jim Simons made a famous bet against the Thai baht in 1997.
Hello reader, hope you’re doing well. On a tumultuous Thursday, Wall Street closed with gains, and the S&P 500 broke a four-day decline. Investors were trying to navigate how the US economy would be impacted by changes in interest rate policy. Most of the markets in the Asia-Pacific region saw gains on Friday, with Kazuo
Feb 24, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Yesterday’s trading session was pretty much a straightforward one with the structure of sell on rise being followed, price action confirming the same. At the same time, one needs to note that all major world indices are near their 200 EMA levels, which acts as a major support zone,
Feb 23, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. The state of the US economy is having a significant impact on equity markets globally, including India. Recent economic data in the US indicates a slow process of disinflation, which has caused negative reactions from US markets. As a result, the 10-year bond yield has risen sharply, and with
Feb 22, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. With our markets currently in a consolidation phase along with a low level of VIX, we’re likely to have the same type of price action for a little longer. Even with markets correcting quite a bit, one good thing we’re seeing here is that there isn’t a spike in
Feb 21, 2023 – Market Overview Read More »
Hello reader, hope you’ve had a good weekend! Markets are still in a consolidation phase, especially with Nifty and Banknifty facing stiff resistance and yet to give a range breakout. Keeping the post short today as there aren’t much changes we’re seeing that are of great significance. Important points to note: Have a good trading
Feb 20, 2023 – Market Overview Read More »
Jim Simons is a name that is synonymous with groundbreaking research in mathematics and finance. He is widely considered one of the most successful hedge fund managers in history, having built Renaissance Technologies, a firm that has consistently produced remarkable returns on its investments. Born in 1938 in Massachusetts, Simons was a child prodigy who
Jim Simons: The Mathematician Who Revolutionized Finance Read More »
Hello reader, hope you’re doing well. Yesterday’s expiry was a pretty straightforward one, with the volatility kicking in, in the final hour of trading. All those who were trapped at 18000 and 18050 levels on the CE side ended up getting a good exit, and these would most likely be the big players out there.
Feb 17, 2023 – Market Overview Read More »