jellygill

jellygill

The following US stocks are attracting money flow as scanned and detected by Option Scalper on Daily Candle: 1. IBM 2. ABBV 3. COST 4. META 5. WMT 6. ACN 7. V 8. MA 9. ABT 10. DIS The following stocks are witnessing selling pressure: 1. NVDA 2. CVX 3. MSFT The indicator was fed with top 40 US Stocks (by market cap) and this scan is based upon this input. You...

jellygill

DeepSeek triggered NVidia meltdown forced many investors to Exit NVidia positions and that money is flowing into some other stocks. Following stocks have surfaced above of the cloud (consolidation zone) as detected by Option Scalper indicator: 1. ABT 2. META 3. WMT 4. V 5. NFLX 6. MA 7. JNJ 8. CRM 9. HD 10. ACN 11. PEP 12. TMO 13. JPM 14. PG 15. COST 16....

jellygill

This week following stocks have taken a break out above the cloud (consolidation zone) (1D candle): 1. MS 2. JPM 3. CVX 4. WFC 5. HD 6. BRK.A 7. XOM 8. AXP 9. TMO 10. CSCO Following stocks have taken a break below the consolidation zone (daily candle): 1. LLY 2. AAPL 3. DIS 4. ABBV 5. MCD 6. MRK The tool (Zeta Scalper) was fed with 40 stocks (top 40 stocks...

jellygill

This week the following US Stocks have taken a break out above the consolidation zone at daily candle: 1. CVX 2. UNH 3. TMO The following US Stocks have taken a break below the consolidation zone: 1. ORCL 2. NFLX 3. PEP 4. PG 5. CRM 6. AAPL 7. MA 8. MCD 9. AMD 10. BRK.A 11. V 12. DIS 13. JNJ 14. KO The Tool (Option Scalper) was run at daily candle and was fed...

jellygill

Bitcoin rose nearly 42% since 6th Nov to 22 Nov 2024 propelled by Trump's win in elections. The rate of ascent is nothing short of impressive and at its all time high of 99317, it was just within a kissing distance from the magic 100,000 mark. The slump after 22 Nov seems to be temporary weekend halt before it resumes the upward journey to assail 100,000 mark.

jellygill

The rate cut decision by US FED by 50 basis points has filled the market with euphoria. It means: 1. More fund flows into Indian market are expected making the Rupee stronger vs US dollar. 2. More money flow means more buying pressure and consequently you can see Nifty50 soaring towards 26000 mark. 3. Indian Mutual Funds are sitting on record cash flow and...

jellygill

Sensex just a kissing distance from scaling all time high on hourly charts. 1. With stronger than expected US GDP numbers, DOW hit all time high yesterday. 2. German and Spain's inflation cools down. 3. Fitch affirms India's sovereign rating to BBB- with stable outlook for growth. 4. Moody's ups India' growth forecast for 2024 and 2025. 5. Other major world...

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A recent report in The Indian Express says, "While credit growth has been averaging 15-16%, deposits accretion has been averaging at 11-12% this fiscal". The gist of this line is: Credit demand is rising while growth in deposits is slow. Due to which, banks are forced to raise the deposit interest rates to woo the customers. However, banks can not raise the...

jellygill

Morning Brief: (1) Nifty came within kissing distance from 25000 mark on 29th July and since then it has been consolidating within a 200 points range. (2) Yesterday US Market performed well with Nasdaq Composite index clocking more than 2.64% gain while SP500 also gained 1.58% led by Chip stocks. (3) There is also a hint of rates cuts in USA by Jeromy...

jellygill

From 07 Jun 2024 to 19 Jul 2024 on daily candle, NIFTY price continuously remained above the cloud plotted by Option Scalper (see image above) which means constant flow of money in the market. Since last 03 sessions, price has entered inside the cloud area. Some factors to consider are: 1. Price remained inside the cloud even after much-waited budget which means...

jellygill

From recent high to current close, copper prices have declined nearly 14%. Copper is one of the most used elements in various industries and its declining price indicates decreasing demand which in turn indicates the slowing economy. Historically, slump in copper prices precedes stock market correction and with valuations being so high, it is wiser to book your...

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What happened in last 24 hours: SP500 and Nasdaq closed at another all time high US inflation data and USFed's interest rate decision coming on Wednesday which means market may be indecisive till then. FIIs continue to hold net Short positions in Index Futures. Maruti witnessed good buying activity while Adaniports and BAJAJFINSV witnessed selling...

jellygill

What happened in Last 48 Hours: On Daily candle, Nifty IT Index's Buy Signal has triggered and Price has gone above the cloud area plotted by Option Scalper (see chart above). Global IT stocks have also performed well on Friday. On Daily Candle, top 3 stocks (out of top 40 stocks in Nifty50) picked by Zeta Stock Scanner are IT stocks. PM Modi has...

jellygill

1. Major world indices ended marginally red yesterday including US indices. 2. US Tech 100 index Futures are down more than 1% and that means Indian IT stocks might feel the heat today. 3. FIIs continued their selling spree in cash segment and despite DIIs buying, Nifty still ended lower yesterday, which means selling pressure in Index heavyweight stocks is more...

jellygill

What happened in last 24 Hours: 1. Strong US earnings data pushes the USA Indices higher (more than 1%). 2. India VIX crashes nearly 20% in a single day, indicating stability and reduced volatility (as of now) 3. India’s Composite Flash PMI for April indicates stronger economy. 4. IMF expects India to become 4th Largest economy by 2025. 5. FIIs+DIIs are not...

jellygill

Gold prices had a very good run in the past few weeks but now the selling pressure is showing up on the chart. Much more downslide is expected if nearby Support is breached because the next support is far-far away. If the price reverses and reaches cloud area (the consolidation zone), do not keep any position open.

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What happened in last 24 hours: 1. Gold prices tumble in international markets. 2. US stock market snaps 6 days losing streak and ends the day in green. 3. Reliance Industries posts robust numbers (this stock may push the Nifty upwards today) 4. UBS downgrades 6 mega tech stocks in US which does not augur well for IT sector today. 5. FIIs+DIIs hold 57% short...

jellygill

What happened in last 24 hours worldwide: 1. USA indices fell further extending their losing streak. 2. When last checked at 8:55 AM Indian Time, most of the major Asian indices were in deep red. 3. Latest market affecting news is that Israel has conducted missile and air strikes against Iran. 4. FIIs+DIIs jointly hold nearly 52% short positions and only 26%...