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The breakaway gap confirms the start of new uptrend which has minimum potential to test levels of 19,285. For today’s trading session, support is seen at 18,500 with upside target for day set at 18,774. Visit us at  ⁠⁠https://www.fintoo.in⁠⁠ Contact us at +91 9699 800 600 Join us on WhatsApp:  ⁠⁠https://bit.ly/Connect_on_Whatsapp⁠⁠ Follow us on Facebook:  ⁠⁠https://www.facebook.com/fintooapp/⁠⁠ In...

Nifty 50 which already remains in Sub wave Wave (iii) of Wave (5) has an upper limit for the current up move to test around 19285 before we see some minor profit booking. Overall, upside target for Nifty is seen around 19800, which is expected to be completed before July end 2023. Visit us at  ⁠https://www.fintoo.in⁠ Contact us at +91 9699 800 600 Join us on WhatsApp:  ⁠https://bit.ly/Connect_on_W...

With advance decline ratio remaining in the positive terrain despite selling in large cap stocks. We expect current correction to be short lived before we see a near term upside towards 19220. Visit us at  ⁠https://www.fintoo.in⁠ Contact us at +91 9699 800 600 Join us on WhatsApp:  ⁠https://bit.ly/Connect_on_Whatsapp⁠ Follow us on Facebook:  ⁠https://www.facebook.com/fintooapp/⁠ Insta:  ⁠https://w...

The Nifty is currently in Wave 5 of (V) and declines from here on should be considered as part of Wave (ii) within Wave 5. An ideal retracement or support can be confirmed anywhere between 18230-1275 with Wave (iii) target seen at 19220 thereafter. Visit us at  https://www.fintoo.in Contact us at +91 9699 800 600 Join us on WhatsApp:  https://bit.ly/Connect_on_Whatsapp Follow us on Facebook:  http...

The data points in Nifty show that we should see catching-up momentum as prices enter Wave-5, Nifty in USD terms may rally another 10%. The weak rupee may not pose a major threat to the Nifty rally in the coming days as long as Brent Crude prices continue to stay below USD 80 a bbl. Visit us at  https://www.fintoo.in Contact us at +91 9699 800 600 Join us on WhatsApp:  https://bit.ly/Connect_on_Wh...

Markets gave away their opening gains on Thursday to end below 18150 on the back of a sharp surge in USDINR to 82.60. The Sensex has completed seven trading sessions of expanding triangle and should be followed with Wave 5 which has a minimum potential target of 8%. Visit us at  https://www.fintoo.in Contact us at +91 9699 800 600 Join us on WhatsApp:  https://bit.ly/Connect_on_Whatsapp Follow us...

After yesterday’s decline, we can clearly see the formation of Wave 4 correction in the form of expanding flat and this would mean we may see follow-up buying in the form of Wave 5 with a potential upside of 8% from current levels. Visit us at  https://www.fintoo.in Contact us at +91 9699 800 600 Join us on WhatsApp:  https://bit.ly/Connect_on_Whatsapp Follow us on Facebook:  https://www.facebook....

Markets fell on Tuesday as the Nifty failed to cross 18,400 as the selling pressure persisted from the recent highs. However, given the recent strength in broader markets, we expect major short covering on the move above 18450 for a weekly target of 19000. Visit us at  https://www.fintoo.in Contact us at +91 9699 800 600 Join us on WhatsApp:  https://bit.ly/Connect_on_Whatsapp Follow us on Faceboo...

Most market participants are watching 18500 as a psychological hurdle and hence are resorting to aggressive hedging. However, given the recent strength in broader markets, we expect significant short covering on the move above 18450 for a weekly target of 19000. Visit us at  https://www.fintoo.in Contact us at: +91 9699 800 600 Join us on WhatsApp:  https://bit.ly/Connect_on_Whatsapp Follow us on...

We expect Nifty 50 to gain further momentum as Nifty Alpha Low Vol 30 index crosses above December 2022 highs and thus opening gates for another 15% upside. Visit us at  https://www.fintoo.in Contact us on - +91 9699 800 600 Join us on WhatsApp:  https://bit.ly/Connect_on_Whatsapp Follow us on: Facebook:  https://www.facebook.com/fintooapp/ Insta:  https://www.instagram.com/fintoo.app/ LinkedIn: h...

The stock market is a popular profit-making industry. Over the years, it has attracted many investors due to its potential to generate high returns and build a strong portfolio. However, with high returns comes high risk. In this Podcast, we will discuss how to earn maximum revenue from the share market by avoiding these top 5 common stock market mistakes. Key highlights of the video: What is rece...

In view of the announcements made in the Union Budget 2023, it becomes important for everyone to evaluate their portfolios and take the necessary measures.    Adopting the right strategies will help you to maximize your benefits by saving on taxes and avoiding any penalties before entering the new financial year.   So, in this video, our finance expert has discussed the top 8 things...

Becoming a crorepati is what everyone dreams of. But building substantial wealth via effective investment requires knowledge and patience. From all the investment options available in the market, Index Funds are considered to have the potential of generating significant returns that will enable the investor to experience the power of compounding the make more than Rs.1 Crore by investing as low as...

Though women are considered to be born with money management skills, most of them still haven’t been able to achieve complete financial independence.  Whether it is about navigating the pay gap, taking career breaks to care for family, or overcoming societal expectations and biases, the road to financial security for women has always been a lot more difficult.  This is why it is more imp...

Markets continued to be under selling pressure with financial stocks leading the decline, thus forcing the Nifty 50 Index to surrender below 17850.  The low-volume trading session on Monday points out to lack of buying interest at these levels which may be an early signal before a major breakdown. Visit us at https://www.fintoo.in Contact us on - +91 9699 800 600 Join us on WhatsApp: https://...

The formation of Bearish Pennant may take its course once Nifty 50 breaches the support of 17970 with immediate reaction expected towards 17783. Overall view on the market still remains with a negative bias as downside possibilities to test the trading range of 16700-17000 are still a possibility. Visit us at https://www.fintoo.in Contact us on - +91 9699 800 600 Join us on WhatsApp: https://bit.l...

As the weekly pattern last week has turned out to be inside the bar, the upside breakout would be confirmed only on a weekly close above 17972 else we may see Nifty moving lower towards 17000. Visit us at https://www.fintoo.in Contact us on - +91 9699 800 600 Join us on WhatsApp: https://bit.ly/Connect_on_Whatsapp Follow us on Facebook: https://www.facebook.com/fintooapp/ Insta: https://www.instag...

The India VIX jumped sharply from key support of 12.7 in yesterday’s trade to post a short-term reversal of the Bullish Engulfing line pattern. This indicates that we can expect India VIX to rebound to 15 levels in the coming days putting more pressure on Nifty Index. Visit us at https://www.fintoo.in Contact us on - +91 9699 800 600 Join us on WhatsApp: https://bit.ly/Connect_on_Whatsapp Follow u...

For Nifty, the 17900 level has firmly acted as a major resistance for the past few days and the next leg of a down move should ideally force the Nifty 50 index towards 16,800.  The main concern in the next few days would be in the movement of the Dollar Index as a strong dollar may trigger a necessary breakout towards 85. Visit us at https://www.fintoo.in Contact us on - +91 9699 800 600 Join...

If you are an investor and looking to understand the impact of the announcements in the Budget 2023 on your existing and future investments, this episode of FFC will enable you to get a clear idea of how you will need to manage your current investments, plan your future investments and effectively manage the taxes on their returns. Visit us at https://www.fintoo.in Contact us on - +91 9699 800 600...

For Indian markets, the weakness can be clearly seen as Nifty struggled to cross the 17,900 mark.  The major concern for Nifty in the next few days may come from the rupee movement as USDINR is on the verge of breaking from the trading range of 81-83 and we may see a sharp reaction towards 85-86 before we see some consolidation at higher levels. Visit us at https://www.fintoo.in Contact us on...

Markets ended mixed on Thursday with Nifty ending with marginal losses while Sensex ended in the green above 59,000.  The broader market remained buoyant while Adani Group shares saw extended selling pressure.  For the Nifty 50, the outlook remains highly cautious with an immediate decline expected to break below the psychological support of 17000 in the coming days. Visit us at https://...

The Union Budget 2023-24 is finally out and the government announced the increase in the rebate limit under the new tax regime from the financial year 2023-24 which will help salaried individuals with an income up to Rs. 7.5 Lakhs to reduce their tax liability to zero.   While this announcement brought a wave of happiness amongst individuals with an income of up to Rs. 7 Lakhs, but the n...

Considering that the Budget 2023 will be the last budget of the Modi government’s current tenure, people are expecting several reformations related to taxation, rural development, and industrialization.    While the masses are expecting this budget to offer much-needed relief after the constant hikes in interest rates, industry experts are expecting this budget to prioritize rural develo...

In Indian markets, volumes were missing in the recent up move as retail and HNI daily turnover has been trading below Rs 20000 crore.  For MSCI India, it was a re-test of the breakdown line after yesterday’s up move with pennant formation and the next leg of a down move should ideally trigger added volatility. Visit us at https://www.fintoo.in Contact us on - +91 9699 800 600 Join us on Whats...