Front-Run


Today's Market Influencer :


Today Movement - Neutral to Positive


US market Future Indices and Asia are positive as trade talks progress and shutdown solution is being taken out . The oil prices are at $61.64/bbl(0.85%) US Inventory saw a higher inventory build but this number is inaccurate as shutdown goes on and USDINR at 71.05(0.08%) dollar index fell and emerging currencies saw strength.


We expect markets to be Neutral to Positive as emerging markets and currencies strength with Interim Budget on Feb 1st.


Important Day Close Level is 10727/10951


Stock of the Day :


ICICI Bank Ltd. - Stop Loss 369/372 & Target - 355/346


CBI registered FIR against Former head of bank Chanda Kochhar and her husband for lending Rs.3250 cr to Videocon in 2012. But CBI also wants investigate top management including current MD Sandeep Bakshi and former chairman KV Kamath in addition to other people involved in loan committee.


We would be negative for intraday trade.


POSITIONAL NIFTY LEVEL :


NIFTY LEVELS





ALERT : PREVIOUSLY NIFTY CLOSED NEAR ALL IMPORTANT LEVELS INDICATING THERE WAS NO CLEAR SIGN OR BREAKING THE RANGE . WE SEE SOME UPSIDE WITH GLOBAL MARKETS AND WE HAVE STARTED INVESTED SOME CASH WHICH IS AT 30% LEVEL AS OF NOW.


Note : These are derived from an Internal Indicator and any movement or close below/above Support/Resistance of one time period moves the Support/Resistance to next time period.


Example : if current market levels is below or above 2 min levels then immediate levels to keep watch are 30 Min levels.




Recent Posts

See All

Front-Run

Today's Market Influencer : Today Movement - Neutral to Negative USA markets and China are flat to negative as USA retail sales data is 5 year low and other data is also critically low. The oil prices

Front-Run

Today's Market Influencer : Today Movement - Neutral to Negative (Risk : Stimulus or Reopen announcement) USA markets and China are negative as the total cases continue to spike in USA with increase i

Front-Run

Today's Market Influencer : Today Movement - Neutral to Negative USA markets and China are flat to negative as USA reports second day with nearly 2000 deaths in last 24 hrs but socialist candidate San