General Trading Chat

[iwillwin]

Maybe the banknifty wants to kiss 100ema again.

View attachment 44123

may be 22300 zone will be visited once

 

[Dr. Jan Itor]

The investors should be concerned with this :

EPFO’s ₹1 tn ETF return in negative zone
2 min read . Updated: 07 Sep 2020, 06:54 AM ISTPrashant K. Nanda
While the overall cumulative return is almost -8.3% as of 31 March for its ₹1.03 trillion equity investments, its return on investments in government-backed CPSE ETF has given it a -24.36% return
https://www.livemint.com/companies/news/epfo-s-1-tn-etf-return-in-negative-zone-11599441410447.html

Debt wouldn't have fared any better as well, accounting for low interest rates and inflation adjustment... tough times especially for those who are on the edge of retirement or job loss...

 

[Dr. Jan Itor]

With AGR gone, 5G is the next hurdle... lets see what happens in the QIP...
Vodafone Idea rebranded as Vi
Vodafone Idea's rebranding as Vi comes nearly two years after Vodafone Plc's Indian arm and Idea Cellular merged in August 2018.

https://www.moneycontrol.com/news/business/vodafone-idea-launches-new-brand-called-vi-5806301.html

 

[siddhant4u]

With AGR gone, 5G is the next hurdle... lets see what happens in the QIP...
Vodafone Idea rebranded as Vi
Vodafone Idea's rebranding as Vi comes nearly two years after Vodafone Plc's Indian arm and Idea Cellular merged in August 2018.

https://www.moneycontrol.com/news/business/vodafone-idea-launches-new-brand-called-vi-5806301.html

vaatu change karana pada honga... also numerology ke chakkar me spelling change so VodafoneIdea spelled as Vi

On serious note, looks like vodafone is committed to India now. Later it will be Vodafone India instead of idea...

YTD, even beats Reliance in return..

 

[timepass]

How will this affect the markets today

RBI accepts Kamath panel report on relief to 26 sectors

Read more at:
http://timesofindia.indiatimes.com/...ofinterest&utm_medium=text&utm_campaign=cppst

 

[timepass]

Banknifty spot : One can assume 3ema as T1 for the day; as to the rest, It may try to continue the positive 315 trend

I guess it will get to 23100+, but with a lot of premium shedding.

 

[timepass]

BNF yesterday and today. What is it waiting for ? The rupee strength has halted for now.

 

[timepass]

Seems like now Banknifty and INR are weakening together.

 

[Dr. Jan Itor]

This has to be resolved, and soon... two front tension is not sustainable, not for the troop alertness which is already stretched thin, neither for the market which is right now propped up only on liquidity...
Did not cross LAC or fire shots, China trying to provocate, escalate, says Army
The Indian Army also said that the Chinese statement is "an attempt to mislead their domestic and international audience."

https://indianexpress.com/article/india/india-china-firing-pangong-ladakh-6587592/

 

[Dr. Jan Itor]

72????????
Kamath Committee identifies 26 sectors for loan restructuring; pandemic pushes this much loan under stress
72 per cent of the banking sector debt worth Rs 37.72 lakh crore has slipped into stress.
https://www.financialexpress.com/ec...c-pushes-this-much-loan-under-stress/2077643/