Will Nifty be affected by Adani Bribery Case in USA?

NIFTY Spot View: 21/11/2024

CMP: 23518.50

Moving AVG (EMA) 20 Hour & 40 Hour: 23633 & 23733

Moving AVG (EMA) 20 Day & 40 Day: 24103 & 24420

Support & Downside Range: 23412—23350 Zone, 22975---22600

Resistance & Upside Range: 23800—23945 zone, 24080—24135 zone

Short Term Trend Reversal Level: -- 

Trading View Summary:

•  For today's intraday trading session key level to watch is 23412—23350 support zone.

•  After opening if 23412—23350 manage to hold then once again we may move upside towards minimum 23800 to 23945 zone and max 24080 to 24135 zone.

•  Whereas after opening if 23412—23350 breaks on 1hr sustain basis and closing basis then we may see selling pressure to build again and we may fall towards 22975 and 22600 spot levels.

Click Here to Read the Rest of this Entry to Know Stocks Ready to Explode –

Will Banknifty be affected by Adani Bribery Case?

BANKNIFTY Spot View: 21/11/2024 

CMP: 50626.50

Moving AVG (EMA) 20 Hour & 40 Hour: 50642 & 50824

Moving AVG (EMA) 20 Day & 40 Day: 51253 & 51477

Support & Downside Range: 49900--49500—48600

Resistance & Upside Range: 50650—50850--51285

Short Term Trend Reversal Level: -- 

Trading View Summary:

•  For today's intraday trading session key level to watch is 50985 as rest zone.

•  After opening if BANKNIFTY fail to move above 50985 spot levels then once again we may see BANKNIFTY to move towards 40900 and below levels. 

•  Whereas if BANKNIFTY manage to move above 50985 spot levels then for remaining hours of the days BANKNIFTY may lead the upside bounce rally.

Click Here to Read the Rest of this Entry to Know Stocks Ready to Explode –

Adani : Breaking News wrt Bribery

BREAKING: Gautam Adani and 7 other executives criminally indicted in the U.S. over $250 million in alleged bribes.

The SEC has filed parallel charges in the "massive bribery scheme".

Gist: Gautam S. Adani, Sagar R. Adani, and Vneet S. Jaain, executives of an Indian renewable energy company, are charged with securities and wire fraud for their roles in a multi-billion-dollar scheme to obtain funds from U.S. investors and global financial institutions through false and misleading statements. 

The indictment also charges former executives of a U.S. issuer and former employees of a Canadian institutional investor with conspiracy to violate the Foreign Corrupt Practices Act in connection with a bribery scheme orchestrated by the Adani executives. The charges allege over $250 million in bribes paid to Indian government officials to secure lucrative solar energy supply contracts.

Click Here to Read the Rest of this Entry to Know Stocks Ready to Explode –

Lot Sizes Revised Nifty, BankNifty etc

Have a look at the revised lot Sizes which is to keep small traders away from the market. Weekly contracts in all indexes except Nifty and Sensex finished.

Presently bank nifty option is lot size 15 and it becomes 30 as per below date of execution

Lot size changes and relevant circulars issued by NSE

The existing weekly and monthly expiry contracts will continue with the existing lot size till its respective expiry date

In case of quarterly and half yearly existing expiry contracts, the same shall be transitioned to the new lot size on December 24, 2024, end of the day for BANKNIFTY and December 26, 2024, end of the day for NIFTY

First they changed expiry from weekly to monthly income Bank nifty and lot size doubled means that now a small trader will buy far out of money call to trade with a small capital and thus his chances of losing money further increases

Click Here to Read the Rest of this Entry to Know Stocks Ready to Explode –

Nifty Spot Max Pain Plot

Nifty Spot Max Pain Plot

Click Here to Read the Rest of this Entry to Know Stocks Ready to Explode –

Does India get Substandard Products from Multinational Companies

Whole India might be aware of this fact that most foreign companies sell sub standards product in our country compared to EU/US

Click Here to Read the Rest of this Entry to Know Stocks Ready to Explode –