SEBI Registered Advisor 🚀 FlyingCalls Free Market Alerts 🚀

😳 Nifty has stabilized after the morning shock and all other indices are inching up

The max damage for the day likely is done. Also the option premium is melting so fast which means range for rest of hours

1. Today's 21st Nov 2024
2. Nifty and Banknifty intraday levels posted visit https://www.flyingcalls.com/
3. Nifty was unable to hold the 300 points gain and dropped in the last hour
4. Finally, Sensex was up 239.37 points or 0.31 percent at 77,578.38
5. Sensex tumbling nearly 900 points from its peak
6. Nifty shedding 262 points from high
7. Nifty was up 64.70 points or 0.28 percent at 23,518.50
8. Among sectoral indices, Nifty Realty and Auto were the top performers and posted gains of 1.5 percent each
9. The IT index also erased most of its gains and closed just 0.8 percent higher
10. Other decent performers included Nifty Bank, Healthcare and Pharma, all ending the positive
11. The broader market, comprising mid-small cap indices up almost 1%
12. Russian officials say Biden decision to let Ukraine fire missiles deep into Russia could lead to world war
13. Exit polls indicate advantage Mahayuti in Maharashtra, edge-of-the-seat fight in Jharkhand
14. Gautam Adani charged by US over alleged $250 million bribe plot: Bloomberg
15. Adani scraps $600 million bond, other notes drop on US charges: Bloomberg
16. GQG Partners to review Adani Group holdings after US charges against Gautam Adani
17. FIIs extended their selling as they sold equities of Rs 3,411 crore
18. while domestic institutional investors purchased equities of Rs 2,783.89 crore on the same day.
19. The tech-heavy Nasdaq closed lower on Wednesday
20. Dow Jones Industrial Average rose 139.53 points, or 0.32%
21. S&P 500 gained 0.13 points, or 0.00%, to 5,917.11
22. Nasdaq Composite lost 21.32 points, or 0.11%, to 18,966.14
23. Brent Crude at $72.81/barrel
24. Dollar index strengthens to 106.66
25. 10 year bond yield at 4.40%
26. Gold at $2,647/ounce, higher for 3rd straight session on escalating Russia-Ukraine tensions
27. Silver -0.6% to $31.03/ounce
28. Bitcoin at 94760$
29. Asian equities declined in early Thursday trading
30. GiftNifty indicating negative opening for the index
31. Nifty is facing a intraday resistance 23560 and 23600
32. If stays above 23600 will try to check 23680
33. On other side, Nifty considering a supports 23480 and 23440
34. Below 23440 finding a next support around 23380 and 23300

35. For more details visit https://www.flyingcalls.com/
36. Free Telegram channel link is https://t.me/FlyingcallsArjun

☄️☄️ GQG Partners to review Adani Group holdings after US charges against Gautam Adani

☄️☄️ Adani scraps $600 million bond, other notes drop on US charges: Bloomberg

🇺🇸 Markets on Wednesday
#DowJones +0.3%
#Nasdaq -0.11%
S&P500 flat

🙁 Retailer Target -21% after posting its biggest earnings miss in 2 years & cutting its full-year guidance due to softening discretionary demand and cost pressures

Ripple Effect as Discount retailers slide 👎
SPDR S&P Retail ETF (XRT) -1%
Dollar Tree -2.6%
Dollar General -4.2%
Five Below -1.7%
E-commerce giant Amazon -1%

💪 Comcast +1.6% as the media company announced plans to spin off its cable networks, including MSNBC and CNBC.

According to CME’s FedWatch Tool 👉 Markets are pricing in a 59.1% chance of a 25 bps cut at the Fed’s December meeting versus 82.5% a week ago

Other Assets
⛽️ Brent Crude at $72.81/barrel

💲 Dollar index strengthens to 106.66

🇺🇸 10 year bond yield at 4.40%

🪙 Gold at $2,647/ounce, higher for 3rd straight session on escalating Russia-Ukraine tensions
🥈 Silver -0.6% to $31.03/ounce

💸 Bitcoin at 94760$

Stocks In After Market Hours
#NVIDIA -2% despite reporting better-than-expected results as co isn't topping expectations with the same magnitude as before.
Co reported +94% yoy surge in revenue for the 3rd quarter to $35.08 billion. Indicated growth will continue in the 4th quarter, guiding for revenues of about $37.5 billion

#Snowflake +19% after the data analytics software company beat expectations

What to track on Thursday?
1⃣ Economic data: Jobless claims and existing home sales
2⃣ Cleveland Federal Reserve President Beth Hammack, Chicago Fed President Austan Goolsbee & Kansas City Fed President Jeff Schmid are expected to give remarks throughout the day
3⃣ Corporate earnings front - Gap & Intuit

Good morning friends 🌞

I said Thursday opening will be interesting

But...

Today's closing selling pressure is not expected

BREAKING : Ukraine makes first #ATACMS strike inside #Russia

Rupee at fresh record low vs Dollar ($ Vs ₹: 84.40)

BREAKING : RUSSIA: WE INTERCEPTED 5 BALLISTIC MISSILES OVERNIGHT - IFX

Sudden Fall in Global Markets

Dow Future +50 to -250
Europe markets down 0.5% to 1.5%

Nifty erased almost 200 points from day's high

Tomorrow's Exit-Poll are coming from Maharashtra and Jharkhand Assembly Election.

So Thursday market opening will be interesting like gap-up or gap-down based on the exit poll.

Take care for overnight position

Please note that Equity Markets will remain Closed Tomorrow due to Maharashtra Assembly Election.

NIFTY SPOT INTRADAY LEVELS
SUP 23410 23360 23280
RES 23485 23535 23600
BANKNIFTY LEVELS
SUP 50300 50180 50000
RES 50470 50600 50760


www.flyingcalls.com

1. Today's 19th Nov 2024
2. Nifty and Banknifty intraday levels posted visit https://www.flyingcalls.com/
3. The Nifty extended its decline to a seventh straight session
4. Its longest losing streak since February 2023
5. Benchmark indices BSE Sensex and NSE Nifty 50 recovered from the day's lows but closed in the red on November 18
6. Sensex was down 241 points or 0.31 percent at 77,339
7. The Nifty closed 79 points lower at 23,454
8. Among sectors, IT, healthcare, and energy shed 0.8-2.3 percent
9. while metal, banking, and auto rose 0.4-2 percent
10. The Nifty Metal index closed up 1.9 percent
11. China's move to reduce tax rebates on aluminium and copper exports
12. Midcap index fell 0.2 percent and the BSE Smallcap index was down by 0.7 percent
13. RVNL gets LoA for a EPC contract worth ₹295 crore from South Central Railway
14. HonasaConsumer shares slip #below IPO price after 20% fall on Q2 loss, downgrades IPO 324. Today 297
15. FIIs extended their selling for the 11th straight session in this month
16. As they sold equities of more than Rs 1,400 crore
17. while domestic institutional investors bought equities of Rs 2,330 crore on the same day
18. The Nasdaq and S&P 500 closed higher on Monday
19. Nasdaq Composite gained 111.69 points, or 0.60%
20. The Dow Jones Industrial Average fell 55.39 points, or 0.13%, to 43,389.60
21. S&P 500 gained 23.00 points, or 0.39%, to 5,893.62
22. Tesla +5.6%,Donald Trump’s team is working on ways to ease regulation on self-driving vehicles
23. Apple went to +1.3% & Netflix +2.8%
24. Gold +1.8% to $2,608/ounce
25. Brent Crude +2% at 73$/barrel
26. Bitcoin at 90600$
27. Dollar Index -0.5% at 106.2
28. The US 10-year Treasury yields were down 9 basis points to 4.40%
29. Asian markets were set to higher opening
30. Nikkei up 0.55% and Hangseng up 0.25%
31. GiftNifty indicates a positive opening for the index
32. Nifty is facing a intraday resistance 23485 and 23535
33. If stays above 23535 will try to move 23600
34. On other side, Nifty considering a supports 23410 and 23360
35. Below 23360 finding a next support around 23280
36.
37. For more details visit https://www.flyingcalls.com/
38. Free Telegram channel link is https://t.me/FlyingcallsArjun