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#Pre_Market_Report: 13-Dec-2023The US and Asian markets are trading in the green as the US CPI data (3.10%) aligns with expectations. There's a further cool-off in US bond yields, with 10-yr US Treasury yields trading below 4.20%. The FOMC outcome and the tone of the FED members on rate cuts are crucial points to watch.📈 #FIIs bought for #76 Cr in Cash📈 #DIIs bought for #1900 Cr in CashIn Futures, FIIs continue to build longs with 60% on the long side and 40% on the short side. The FII activity in Options is also positive.#nifty50 : The index closed 90 points (or 0.43% 🔻) lower at 20906 yesterday. The fall in the index, coupled with FIIs building longs, should be seen as consolidation, and the market appears to be preparing for the next level of the rally. I maintain a #bullish stance on the index, with a positional Stop Loss below 20750 levels. Given that US CPI is in line with expectations, markets are likely to bounce today. The range for Nifty remains 20850 to 21080 levels for intraday trading.#banknifty : The index closed 216 points (or 0.46% 🔻) lower at 47097 yesterday. Slight profit booking is seen in banking stocks. The trading range discussed yesterday was 47100 to 47600 levels. During the live market, the index took support multiple times near the 47100 levels before finally breaking down and closing below that level. Given the ongoing events (US CPI and FOMC), the price action is understandable. The only cause for concern is that markets closed near the day's low yesterday. I continue the positive stance on the index, with an intraday range of 46950 to 47400 levels. See the attached chart for more levels.Hit that like button 👍 if you find this analysis helpful.Follow me (Vamsi Vms) to be market-ready every day! 📊#MarketUpdate #FinancialMarkets #TradingAnalysis #Stocks #FIIInvestment #NiftyAnalysis #BankNifty #IntradayTrading #USCPI #FOMCDecision

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Chart of the dayGiven that the YTD rally is driven entirely by the change in multiple, one has to wonder how long that multiple can hold fort alongside downward earnings revisions. All this whilst the FED allows assets to run off its balance sheet i.e. QT and remains hawkish in its mission to bring core CPI back down to 2% in the face of a heated labour market. US stocks have only been above 20x twice before, both times during bubbles fuelled by excess liquidity. It makes it hard to believe that this time will be any different

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All eyes are on US CPI data to answer a single question: how many Fed rate cuts are too few for stock markets’ comfort?#cpi #inflation #stockmarket #stocks #interestrates #fed #dollar #macro #trading https://lnkd.in/gprmywSY

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TODAY'S TRADING CALLS (2-11-2023)Global market cues are positive and GIFT NF trading higher by 151 points at 19212.US Fed holds rates steady, upgrades assessmentof economic growth.Rate hike expectations drop sharply post the Fed meetings.One big event is out of the system, and didn’t bring any shock which is good.US 10 year bond yield has started to fall from 5% to 4.71% and US markets witnessed some relief rally.Tatamotors numbers today and its going to be important for Auto sector stocks.Weekly expiry played out yesterday too and Nifty and bank nifty ended at the lowest point.Today its nifty weekly options expiry and the market is expecting a short covering and a highest closing, the opposite of yesterday.IT sector can be in action due to short covering.Nifty 19250 is going to be the nearest resistance and above that 19455, 20 DMA is the next rest.Bank nifty 200 DMA of 43192 is going to be a crucial point today for bulls and bears.Sign up NowLog on tohttps://signup.oroboro.in/Website:-https://wealth.oroboro.in/App:-https://lnkd.in/fEdtpCq...Email us:-hello@oroboro.inCustomers reach Us :- +91 - 91 888 35 444#stockmarket#investment#sharemarket#srocktrading#stockbroking#trading

MARKET UPDATES🇪🇺/🇺🇸EUR/USDEUR/USD extends pullback from three-week-old resistance, eyes on 1.0950, EU/US staticsEUR/USD takes offers to refresh intraday low during two-day losing streak. Euro sellers remain hopeful as bearish MACD signals, previous support break join failure to cross immediate resistance line. 50% Fibonacci retracement limits intraday fall while 100-DMA is the key support to watch during further downside.🇬🇧/🇺🇸GBP/USDGBP/USD justifies downbeat UK retail spending to reverse from 50-SMA to 1.2750GBP/USD takes offers to refresh the intraday low near 1.2755, posting the first daily loss in three amid early Tuesday in Europe. The Cable pair justifies downbeat UK data while reversing from the 50-SMA within a three-week-old bearish channel.🇺🇸/🇯🇵USD/JPYUSD/JPY recaptures 143.00 amid fresh US Dollar buyingUSD/JPY is extending gains beyond 143.00, building on the previous day's goodish rebound from mid-141.00s early Tuesday. The pair benefits from souring risk sentiment-driven broad US Dollar demand and mixed Japanese data. 🇦🇺/🇺🇸AUD/USDAUD/USD remains pressured toward 0.6500 after mixed China's trade dataAUD/USD is trading under decent selling pressure, eyeing 0.6500 early Tuesday. The pair is weighed down by a renewed US Dollar strength, in the face of hawkish Fed commentary and a negative shift in the market sentiment. Australian sentiment and mixed Chinese trade data fail to impress the Aussie. 🇳🇿/🇺🇸NZD/USD NZD/USD keeps the red below 0.6100 on stronger USD, reacts little to Chinese trade dataNZD/USD comes under some renewed selling pressure on Tuesday amid a modest USD strength. Bets for more Fed rate hikes remain supportive of elevated US bond yields and underpin the buck. The mixed Trade Balance data from China fails to impress bulls or provide any impetus to the pair.🇺🇸/🇨🇦USD/CADUSD/CAD retreats from 100-DMA surrounding 1.3400 but stays on bull’s radarUSD/CAD stays depressed near 1.3370 after reversing from the highest level in two months the previous day. The Loonie pair snapped a four-day uptrend the previous day before posting a lackluster start to the Asian session on Tuesday.🥇XAU/USDGold downside remains compelling whilst below 50 DMA Gold price is extending the previous decline toward the three-week low of $1,926 early Tuesday. A fresh risk-aversion wave seems to be acting as a tailwind, reviving the safe-haven demand for the United States Dollar (USD), as traders eagerly await China’s and US inflation data for a fresh directional impetus in the XAU/USD price.🛢OILOil retreats from a four-month high to near $81.70, US/Chinese inflation data eyedWestern Texas Intermediate (WTI), the US crude oil benchmark, is trading around the $81.70 mark so far on Tuesday. WTI loses traction after six straight weekly gains. The Federal Reserve (Fed) policymakers' hawkish remarks are supporting the decline in WTI prices.

As we approach the long weekend, markets have been shaken by sticky inflation news via upside surprises on CPI and PPI numbers this week. The one consistent take away: don't fight the Fed! Honestly they did say they would wait and see. Could we be near the inflection point where crowded markets turn? Could smaller, strong companies have a chance to finally shine?https://lnkd.in/eEazbadw#marketwatch #marketanalysis #marketcommentary

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Treasuries Whipsaw Post-Payrolls; Curve Steepens Before AuctionsBy Edward Bolingbroke(Bloomberg) -- Choppy price action was seen in Treasuries following a mixed February jobs report with a headline beat and lower revisions. On the day the curve steepened while front-end rallied, although both spreads and outright moves were unwound over the US afternoon session. Options activity was robust on the day as focus turns to next week’s CPI data.US 2-year yields were down by around 2bp shortly after 3pm New York with long-end of the curve cheaper by roughly 1.5bp — front- and belly outperformance held, although spreads ended off extremes but remained steeper by 2.5bp and 3bp across 2s10s and 5s30sMost of the price action was seen over US morning session with focus on the downward revisions in the jobs report, which saw Treasuries initially rally and the curve steepen sharply. Into the rally 2-year yields dropped as low as 4.405% while 10-year yields dropped below 4.04% before ending around 4.09% and back to near unchanged on the dayAfter jobs report block buy in 10-year note futures added to gains, while a block sale in 2-year note futures later on weighed on front-end and helped see yields climb from near session lowsIn options, flows included a large buyer of a bearish weekly put spread, targeting 10-year yield as high as 4.25% by next Wednesday, covering Tuesday’s CPI data while in SOFR options stand-out flows included a higher-for-longer play via May put spreadsSteepening held on the day with a view into next week’s supply which includes 10- and 30-year auctions over Tuesday and Wednesday, along with an expected busy front-loaded corporate issuance slate#Bloomberg #US #Treasuries #MFT #MATTFINANCIALTRADING

The US Fed paused the rate hike this time, keeping it at 5.25%-5.5% after a two-day FOMC Meeting. Check out our weekly gainers and losers recap to find out the stock movers in the previous week.#FED #FederalReserve #CPI #MarketAnalysis #WeeklyReview #GainsAndLosses #MarketWatch #WeeklyUpdate #StockPerformance #MarketMovers #CenturyFinancial

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*Market kya lagta hain – Monday, December 4th 2023*# *GIFT Nifty (+280, 20640)*# Well, Chair Powell has poured cold water on potential rate cuts, but this morning, Gift Nifty seen jumping anyway.# Honestly speaking, investors across the globe eagerly wait for the month of December…# Do you know why?Yes. You got it right. Santa Claus Rally!!# Well, this Monday morning, the Christmas Cake is already baked for solid gains.# Amongst the key ingredients are:# The 9-key big positive catalysts:1)Resurgent optimism from FIIs camp. FIIs bought to the tune of Rs. 10,593 crores in the week gone by. 2)GST collections rose to Rs 1,67,929 crore in November - a 15.1% rise year-on-year. 3)BJP's performance in State assembly election results shall simply add fuel to bulls optimism.4)Bulls thrilled as inflation in the US has dropped considerably.5) Also, the Q3 US GDP came in at 5.2% vs the initial 4.9% estimate.6)The street is optimistic that the Federal Reserve will not raise interest rates any further and most importantly, could start cutting borrowing costs in the first quarter of 2024.7)WTI crude oil futures stays depressed near $74 a barrel.8)The King US Dollar dethroned to 103 levels, flirting with their lowest in 15 weeks. The 10-year US Treasury yield sluggish at 4.20%.9)Positive global cues. The Dow gained 2.42% in gone by, posting its fifth consecutive weekly gain, marking a fresh 2023 closing high.# Long story short: Nifty to start the week with a bullish bang. NIFTY’S INTER-MONTH TARGETS SEEN AT 21,000 MARK.# Happy Days Are Here Again. Yippee!

*Market kya lagta hain – Thursday, November 16th 2023*# *GIFT Nifty (-4, 19761)*In yesterday’s trade, the benchmark Nifty witnessed massive momentum buying. Also, short covering was the preferred theme and the positive takeaway was that Nifty ended on a positive note.Technically speaking, Nifty’s technical picture continues to be positive with biggest intraday hurdles now at 19887 mark. Biggest interweek support now seen at 19421 mark and then next supports. Nifty’s 200 DMA at 18700 mark.# The Nifty options data suggests Nifty is likely to be in a trading range of 19100-19800 zone. Maximum Call OI is at 19800 followed by 19700 strike prices. So, the 19800 mark is still Nifty’s crucial resistance zone. Maximum Put open interest stands at 19600 levels followed by 19500 levels. Call writing was seen at 19700 and then at 19800 strike price, while there was meaningful Put writing at 19600 and then at 19500 strike prices.Now digging deeper, it appears that Christmas has come early to Wall Street and stock markets across globe...# The 6-Big Positive Catalysts:1)Biden says his goal for Xi meeting is to get U.S.-China communications back to normal.2)US annual PPI inflation softens to 1.3% in October vs. 1.9% expected.3)US CPI Inflation Rate Slows to 3.2% in October.4)India’s CPI data show October was the first month since July 2022 with no retail-price rise.5)WTI crude futures depressed at $77 per barrel.6)Overnight optimism at Wall Street also indicates that the Federal Reserve will be successful in engineering a “soft landing” for the U.S. economy.# Bullish traders are now convinced that the Fed has ended its historic tightening cycle, with the biggest bets now focused on a rate cut in June.Strictly speaking, cooling inflation turns out to be the biggest positive catalyst.