Get started

Budget

NiftyBank Futures Key Trading levels for 25th Jan 2022NiftyBank Futures Key Trading levels for 25th Jan 2022 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together.
NSE:BANKNIFTY1!
by sbkurandwad77
NIFTY Finally Broke Parallel Channel.Nifty was heading toward a congestion zone from 18300-18500. It had started to create 18350 as major resistance. Need to see if it sustain below the trend line on DAILY BASIS... When we looked at previous charts, nifty was being held tightly, last few candles showed shallow candles. Now in charts supports have been made, keeping in mind there are few gaps left in nifty and trade causally. Major even ahead - Annual Budget. Hope the market has not capitalized on such an event. Happy investing, happy trading.....
NSE:NIFTYShort
by rishab0260
4
Yen edges lower, GDP revised upwardsThe markets were treated to some positive news out of Japan, which raised its growth projections for the upcoming fiscal year, which starts in April 2022. The government is projecting growth of 3.2%, up sharply from the July estimate of 2.2%. The upward revision comes on the heels of the supplementary budget which was approved in parliament earlier this week. On Friday, the government plans to pass the annual budget of 107.6 trillion yen. Japan's debt is already the highest among developed countries, and this budget will strain the public debt even further. Policymakers are determined to boost sagging economic growth through spending and continuing an ultra-easy monetary policy. The economy contracted by 3.6% y/y in the third quarter, after a resurgence of Covid cases. Japanese companies, like their counterparts in the US and the UK, have been hit with higher costs, as energy and raw material prices have surged. However, unlike their counterparts abroad, Japanese firms remain reluctant to pass on rising costs to consumers, which has kept consumer inflationary prices in check. The discrepancy in wholesale and consumer prices was massive in October - Core CPI rose a negligible 0.1% y/y, while wholesale prices soared 8.0% y/y, the sharpest rise since in over 40 years. Even with the jump in wholesale prices, the BoJ's inflation target of 2% remains far off and this is unlikely to change in the near future. The BoJ has stubbornly clung to an inflation target of 2%, unfazed that this target has little chance of being realized anytime soon. As long as inflation remains below the target, the central bank can be expected to continue its ultra-accommodative policy. USD/JPY is again testing resistance at 114.27. The next resistance line is 114.82 There is support at 113.16 and 112.60
by OANDA
EURGBP downside opensThe beak down below ht 0.9000 level opens up the pair for a deeper sell off. What triggered the current sell off in eurgbp has to do with something more fundamental. The mini budget released last week supported positive GBP sentiment as the dominant aim is to avert the danger of massive unemployment. That essentially provides a substantial fiscal boost and coupled that with loose monetary policy can help to limit impact on both businesses and individual. I like to say that I have sold on break of 0.9000 but because I only have time to write this now, that sell on break trade wont matter from here. So I would say sell at 0.8965 for 0.8835 with stop at 0.9050.
Short
by dawn996
3
USDCHF Brexit and ItalySNB have cited multiple times, that they are not afraid of intervening their currency. According to SNB, the CHF is highly valued and there could be something about the talk. But With brexit around the corner + italy budget crises, CHF could be lifted even more. on top of that, some German banks cited that Germany have higher risk of entering a recession. I am betting against a brexit deal, and we could see that brexit will be delayed. + italy not accepting the budget adjustments by the EU and the EU not accepting the italian budget. On the flip side.. There could be some agreements regarding the Italy budget from both sides and Uk´s brexit. which could expose CHF to the downside + SNB intervening at the same time. adding shorts at 1.01516 target around 0.97900
Short
by Fx-AlphaStrats
Long Strangle - NIFTYHello, in the current market it is impossible to catch the trend, so plz do not do it. What's guaranteed over next few days and mainly this week due to budget is the volatility. So one need to be long volatility. I know this can be done by buying VIX future but obviously that has a big ticket size so not advisable for most investors. So what we do is buy long options. Remember volatility is directly related to option price. Higher the vol, higher the option price (both call and put). But again we are not sure of the direction, so we should buy both a call and put. Now which strike to choose? It has to be out of money for feb expiry. This is a classic long strangle. Buy any strike with equal distance from NIFTY at your point of trading. So e.g., if NIFTY is at 11000 then do +/-200 points strike on both direction (delta neutral to an extent). So 11200 call and 10800 put. You can choose your own range based on time of trading but important to remember that you choose out of money strike. Since this is a pure vol trade (vega capture) you should not hold it for more than 7-8days (max 12th Feb). This is because as the expiry is near volatility (vega) losses its significance. Close the trade when vol spikes and you see one of the side of trade is significantly higher than other giving an decent overall profit. All the best and hope the trade proves to be rewarding for you. Mr. Shah
NSE:NIFTY
by a_shah2
DATA VIEW: US BUDGET BALANCE UPDATEUS Budget Balance has restored to its normal levels, last seen back in 2004 and right before the financial crisis fallout - in 2008. ... The balance suffered a significant blow during the fallout of 2008/9 us mortgage crisis. Government stimulus measures needed at the time to stop the downward spiral in US markets created a huge budged deficit. In addition, government tax revenues fell sharply (as most corporations failed to show profit, thus to pay corporate taxes). Since 2011, however, situation in the budget balance started to improve. Urgent government aid was no longer required and tax revenues started to restore...
FRED:FYFSDLong
by Killy_Mel
DATA VIEW (NOT A FORECAST): US BUDGET BALANCE IMPROVING US budget balance suffered a significant blow during the fallout of 2008/9 us mortgage crisis. Government stimulus measures needed at the time to stop the downward spiral in US markets created a huge budged deficit. In addition, government tax revenues fell sharply (as most corporations failed to show profit, thus to pay corporate taxes). Since 2011, however, situation in the budget balance started to improve. Urgent government aid was no longer required and tax revenues started to restore. The chart above is updated once a year, however in order to see that the positive trend is still intact, one can calculate current year-to-year budget deficit by visiting the US Treasury website: www.fiscal.treasury.gov
FRED:FYFSDLong
by Killy_Mel