Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.

Nifty 18,000 will be a major resistance level for the day, whereas Nifty 17,800 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT, Metal and Select BFSI stocks.

#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #AutoStocks #Auto #ITStocks #IT #Nifty #BankNifty

Join Sahaj Agrawal in this Weekly Expiry update to get key insights.

Support at 17700 - Buying advisable on dips/momentum oversold for intraday

Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.

USDINR faces very strong resistance near 83 levels on spot. Fed chief’s comments may help rupee today but traders will also eye RBI’s policy move today

#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar

Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.

Nifty 17,830 will be a major resistance level for the day, whereas Nifty 17,600 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, BFSI and IT stocks.

#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #AutoStocks #Auto #ITStocks #IT #Nifty #BankNifty

Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.

Nifty 18,000 will be a major resistance level for the day, whereas Nifty 17,700 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, and Sector specific stocks.

#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #AutoStocks #Auto #ITStocks #IT #Nifty #BankNifty

Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.

USDINR May continue to find demand at lower levels as mix of strong dollar index and corporate dollar outflows remain supportive factors

#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro

• An explosive and volatile week came to an end with commodities witnessing a sharp fall. It was a week with important events from big central bank policies along with important monthly economic data.

• The U.S. central bank hiked interest rates by 25 basis points (bps) but Fed Chair Jerome Powell seemed less hawkish in his comments.

• ECB and BOE also hiked rates by 50 bps but their forward guidance was moderately on the dovish side.

• The U.S. Dollar witnessed a sharp rebound above 102.50 after having tumbled below 101, the lowest since April 2022.

• COMEX Gold hit a fresh 9-month high of $1975.2/oz as Fed Chair post policy comments were perceived as dovish.

• Silver prices slipped from $24.60/oz and closed the week with a sharp fall of around 5%.

• WTI and Brent Crude witnessed a second consecutive weekly decline as markets now look forward to tangible signs of Chinese demand recovery & assess higher flows from Russia.

• The focus this week will be on speeches by Fed Chair Powell and several FOMC members for clues on the policy outlook. Chinese inflation figures & U.K. GDP will be closely watched.

• Oil markets may take cues from the EU ban on refined oil products from February 5.

APN:

Volatile week for commodities

Chinese inflation & UK GDP in focus

Find out in our commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals.

Highlights of 6th February Fundamental Weekly Podcast

- Nifty gained 1.4% while Sensex gained around 2.6%

- BSE Midcap Index lost 0.20% while BSE 500 Index gained 0.5%

-Indian equity markets remained concerned about growth prospects, even as inflation continued its downward trajectory

- US Fed announced a benchmark lending rate at the end of its two-day policy meeting, taking the rate to a target range of 4.50-4.75%.

- FII continues to be net seller to the tune of Rs. 2218 crore, till date in Feb’23. - PICK OF THE WEEK – BAJAJ LIFE - TARGET - Rs 1,525

- Life remains strong, non-life weak in core segments - Bajaj Life delivered impressive growth and margin expansion

—interestingly faster growth in agency over bancassurance in 3QFY23 -

We upgrade to ADD from REDUCE with FV of Rs1,525

Join Shrikant Chouhan, Research Head, Kotak Securities, as he takes us through the Trade Talk Podcast.

Nifty 18,000 will be a major resistance level for the day, whereas Nifty 17,600 will act as key support level, says Shrikant Chouhan in our daily Trade Talk podcast. Get a full trading strategy here for Nifty, Bank Nifty, IT and Auto stocks

#Nifty #technical #technicalanalysis #stockmarket #KotakSecurities #stockmarketindia #Trading #AutoStocks #Auto #ITStocks #IT #Nifty #BankNifty

Get forex market and rupee movement updates on the go with Kotak Securities Currently in Currency podcast by Anindya Banerjee.

USDINR is expected to gap higher near 82.40 but we could see rangebound price action thereafter.

#Currency #CurrencyTrading #USDINR #Rupee #Forex #Euro #GBP #JPY #Dollar