FX VIDEO ANALYSIS ( 22.7 - X )Good evening traders, welcome to another video analysis for quite a few FX pairs. I hope you will enjoy it and if it matches your rules get into some positions and profit from it. I had some technical issues while recording and had to record 3 times so I apologize for any minor mistakes I may have made during the recording. Have a good and profitable week ahead and God bless you!
T
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Weekly Wrap Nifty 50 20th July 2024First Step of a successful trader is to build a Trade plan & review what he has done.
This is my Trade Journal . (education purpose for all )
Trend is down, Sell on rise
Critical levels & Traadeplan see the video till the end.
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade
How To Read Budget (ii) - Government Debt and its implicationsThe Government is running a revenue deficit budget and hence it has to resort to borrowing. But apart from borrowing for revenue expenditure, it also needs to borrow for capex. Thus year after year the Government keeps borrowing and this keeps increasing the debt burden.
This video explains Government debt and how it is used and what can be the implications of debt, if used correctly or is used otherwise.
How To Read Budget (i) - Receipts and ExpendituresWhere doe the Government earn from and where does it spend - thats what the budget document tells us.
This video touches these aspects of the budget document - Revenue Receipts, Revenue Expenditure, Capital Receipts, Capital Expenditure, Revenue Deficit, Fiscal Deficit and expenses like interest and pensions
Nifty Hits A New ATH But Ends In Red at 24530Nifty hit a new all-time high at 24855 thanks to Infosys but the duo of Reliance and HDFC Bank dragged it way below from that level and it could barely manage to hold on to 24500 levels.
Bank Nifty also slipped but somehow managed to end above 52250.
Next weel is the Union Budget so 51800-52000 levels are crucial for Bank Nifty. Any breach of these levels may drag the indices further.
Please watch the video to know more about the market moves today.
Thank you,
Umesh
Real Jackpot - SME IPOAfter trying to see what works for me and what not, trying various intraday, swing etc on different stocks and derivatives (and still unclear what's going to work for me), I stumbled upon the IPOs, specifically the SME IPOs.
Just look at the listing of these SME IPOs..... what a staggering gains they give on listing. SEBI had to actually come up with a restriction of 90% listing for these SME IPOs.
Only if there were some kind of sure shot way to get an allotment....
Log Scale vs Linear Scale ChartsLog Scale vs Linear Scale Charts.
Log Scale - It is a type of representation where price is equally distributed in percentage.
Linear Scale - It is type of representation where price is equally distributed in terms of price points.
There will be no difference in terms of Moving averages, Fibonacci, Horizontal levels if you select any of two option.
ANALYSIS UPDATEInteresting week ahead of us, many analyses played out already and some unfortunately not. However it is still only Tuesday, just wanted to post a video to get through the charts with you and share my thoughts.
Have a good day ahead and trading week, will update you at the end of the week and in the mean time I will be monitoring the positions.
T
PREVIOUS WEEK UPDATE!A nice week behind me. I just went through the charts and explained very quickly what had happened. I got into 3 positions, 1L, 1BE and 1 currently in a profit ( EURAUD). I had some time for myself and my family as it was just my birthday. New analysis will be posted soon. Have a great week. T
Nifty Hits Another But Ends on An Indecisive NoteNifty Hit 24600+ but failed hold on to the higher level and ended in an indecisive manner which is not a positive sign.
Bank Nifty ended well and looks set for a potential good trade set up.
Here is the video which gives details of the actions that took place today in the market.
Please let me know if this is helpful.
Thank you,
Umesh
Will NIFTY & Bank Nifty's have a Tight Rangebound Movements ?Nifty looks stronger rather then Bank nifty overall in the charts, Nifty above 24600 will open doors fro 24800 levels above the new range till 25200 levels. SUpport is at 24150-24250, below this price should see 23980 level.
Bank Nifty has given a breakout from falling wedge, support at 52000-51900 levels, upside till 53200 level.
Potential Swing Trading OpportunitiesHere is the video where I explain how I select stocks for Swing Trading and I also share the list of stokcs that may give a good trading opportunity in the week to follow.
I may or may not take any of these trades.
Thank you for watching and I will be happy to receive your feedback.
Umesh