Kal-ki-baat-ajj-advance-nifty-and-banknifty-predictions-date- 10May-2022
Stock Market Highlights
On Monday, benchmark indexes remained under pressure, with the Sensex falling over 365 points after a sell-off in global markets and a drop in shares of index heavyweight Reliance Industries.
Foreign money withdrawals continued unabated, and the currency touched an all-time low, weighing on mood. At 54,470.67, the 30-share BSE Sensex fell 364.91 points, or 0.67 percent.
It fell 917.56 points, or 1.67 percent, to 53,918.02 throughout the day. The NSE Nifty ended at 16,301.85, down 109.40 points or 0.67 percent.
Reliance Industries, Nestle, Indusind Bank, Tech Mahindra, Tata Steel, State Bank of India, Hindustan Unilever, and ITC were the top laggards among the Sensex companies.
Market Indexes/India
| Index | Open | Previous Close | Today’s High | Today’s Low |
| NIFTY50 | 16,227.70 | 16,411.25 | 16,403.70 | 16,142.10 |
| SENSEX | 54,188.21 | 54,835.58 | 54,795.47 | 53,918.02 |
| NIFTY BANK | 34,091.75 | 34,591.20 | 34,554.35 | 33,927.20 |
| NIFTYIT | 30,490.95 | 30,719.45 | 30,934.45 | 30,019.80 |
| S&P BSE | 26,989.55 | 27,092.41 | 26,989.78 | 26,432.59 |
Data of FIIs & DIIs
In the Indian Equity Share Market, The available provisional data of the National Stock Exchange (NSE).
Share worth Rs. 3,361 Crore were sold by Foreign Institutional Investors (FIIs), whereas shares worth Rs. 3,077 Crore was the bought by Domestic Institutional Investors (DIIs) on May9.
Nifty future levels in advance EP-368, last closed at 16,301.
Dekhlo, jo me bolta ho, market usko hi follow karta hai,
Or ye tuka trading nhi, experience trading hota hai !!
Yes above 16547, will see sharp short recovering up to__ 16770__16830
Yes around_ 16870___16970 go short, , its dead cat bounce only !!!
Yes below 16270, go short, lion heart trader can go short,
Any big fall or panic around_ 16170__16127 yes around- 16127__15970
Only think for buy @ lower level, we will not sell anything !!!
Bank Nifty future level in advanceEP-368, last closed at 34,275.
Yes above 34870, yes will see sharp short covering
Up to_ 35356___35670
Yes mark my words if you see 35830_36156, go short again @ top level,
Don’t think ki,mandi khatam ho gyi, its dead cat bounce only !!!
Below 34156 again lion heart trader can go short ,
Panic up to_ 33670___33430
Yes around_ 33256__32870, in panic only think for buy , we will not panic
@ lower level, between these range, no father will tell you this
Thing, openly saying.
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Market Indexes/Global
| Index | Open | Precious Close | Intraday High | Intraday Low |
| NASDAQ | 11,923.03 | 12,144.66 | 11,990.61 | 11,574.94 |
| DAX | 13,624.92 | 13,674.29 | 13,697.90 | 13,380.67 |
| FTSE | 7,387.94 | 7,387.94 | 7,391.59 | 7,216.58 |
| CAC | 6,207.15 | 6,258.36 | 6,260.85 | 6,086.02 |
| SGX NIFTY | 16,272.00 | 16,291.50 | 16,338.00 | 16,064.50 |
US Markets
The S&P 500 fell below 4,000 points for the first time since late March 2021, while the Nasdaq fell more than 4% in a selloff led by mega-cap growth stocks as investors became increasingly anxious about rising interest rates.
The Nasdaq hasn’t been this low since November 2020. Apple’s stock lost 3.3 percent and was the Nasdaq and S&P 500’s largest loser. Microsoft Corporation declined 3.7 percent, and Tesla Inc sank 9.1 percent.
The Dow Jones Industrial Average dropped 653.67 points, or 1.99%, to 32,245.7, while the S&P 500 dropped 132.1 points, or 3.20 percent, to 3,991.24, the lowest finish since March 31, 2021. The Nasdaq Composite Index fell 521.41 points to 11,623.25 points, or 4.29 percent.
Asian Markets
On Tuesday, Asian stocks fell to their lowest levels in almost two years as investors sold riskier assets due to concerns about increased interest rates and their impact on economic development, while the dollar remained at 20-year highs.
MSCI’s broadest index of Asia-Pacific equities outside Japan was down 0.8 percent for the seventh straight day, bringing the year’s losses to 17 percent. The stock markets in Asia were a sea of crimson. The Nikkei 225 fell 0.9 percent, Australian equities down 2.5 percent, and Korean stocks fell 2%.
SGX Nifty
The wider index in India is expected to begin with a loss of 88 points, according to SGX Nifty trends. On the Singaporean market, the Nifty futures were trading at 16,203 levels.
Disclaimer
Financial markets are volatile in nature and are subject to market risks. Please Note Neither Harinder Sahu / King Research or employees or associates will not be liable in any manner for the consequences of such action taken by you. This is only for educational purposes and not provide any advice/tips on investment or recommend buying and selling any stock. We neither take guarantee of profit nor stand responsible for any losses of any recipient. The recipients of this material should take their own professional advice before acting on this information the recipient is advice to read the information carefully before any investment.
