Kal-ki-baat-ajj-advance-nifty-and-banknifty-predictions-date- 4May-2022

 In Blog, Kal Ki Baat Aaj

Stock Market Highlights

In a very turbulent day, Indian equities markets rebounded significantly from intraday lows and concluded the day flat. The turnaround occurred when US Futures pointed to a good start on Wall Street later today.

The S&P BSE Sensex finished at 56,976, down 85 points or 0.15 percent, while the NSE Nifty 50 down 33 points or 0.21 percent to 17,069, down 33 points or 0.21 percent.

The Nifty Metal and private bank indexes, both up 0.5 percent, were the leading gainers on the NSE. The Nifty IT, on the other hand, took the brunt of the blow, falling 1.5 percent.

At 36,163, the Nifty Bank gained 75 points, or 0.21 percent. The BSE MidCap and SmallCap indexes fell 0.45% and 0.84%, respectively, in the wider markets.

The market is anticipated to remain volatile in the next days as a result of the US Fed’s recent hawkish tilt, market volatility is expected to persist in the coming days. According to professionals, investors should restrict their positions and stick to a stock-specific trading strategy.

Market Indexes/India

Index Open Previous Close Today’s High Today’s Low
NIFTY50 16,924.45 17,102.55 17,092.25 16,917.25
SENSEX 56,429.45 57,060.87 57,054.23 56,412.62
NIFTY BANK 35,627.60 36,088.15 36,235.25 35,618.20
NIFTYIT 31,377.35 31,622.40 31,409.65 30,940.65
S&P BSE 28,373.81 28,611.92 28,463.85 28,190.75

Data of FIIs & DIIs

In the Indian Equity Share Market, The available provisional data of the National Stock Exchange (NSE).

Share worth Rs. 1,853.46 Crore were Net sold by Foreign Institutional Investors (FIIs), whereas shares worth Rs. 1,951.10 Crore was the net bought by Domestic Institutional Investors (DIIs) on April 29.

Nifty future levels in advance EP-365, last closed at 17,083.

Yes laxman rekha – zone- 17127_17147, yes will act

As laxman rekha, yes once cross this level

Will zoom to kiss- 17270____17347

No buying @ all, abhi buy nhi karn hai !!

Yes  below 16970, lion heart trader can go short,

Panic slide up to 16830____16770

Below 16830, more panic upto___16670____16530

Any big fall or panic around_ 16270___16170, only buy near this range !!

Bank Nifty future level in advanceEP-365, last closed at 36,205.

Yes laxman rekha zone- above 36356, we can see

Sharp short covering rally up to_ 36670____37156

Your stop loss will be 36030

Yes below 35870, no buying @ all, yes go short,  panic slide up to

Keep stop loss of 35970_36156,

Go short  panic slide upto_35256____34870 level,

Only lion heart trader can go short below 35430,

Go short, yes panic!! More panic we can see.

Market Indexes/Global

Index Open Precious Close Intraday High Intraday Low
NASDAQ 12,511.46 12,536.02 12,645.83 12,460.99
DAX 13,958.92 13,939.07 14,081.15 13,920.46
FTSE 7,544.55 7,544.55 7,561.33 7,475.69
CAC 6,463.73 6,425.61 6,507.13 6,423.03
SGX NIFTY 17,953.50 16,984.50 17,094.00 16,937.00

US Markets

After a bumpy morning in which each of the main indexes wavered between gains and losses as the Federal Reserve began an important meeting, Wall Street stocks closed higher on Tuesday.

The Dow Jones Industrial Average increased by 67.29 points, or 0.2%, to 33,128.79, the S&P 500 increased by 20.1 points, or 0.48 percent, to 4,175.48, and the Nasdaq Composite increased by 27.74 points, or 0.22 percent, to 12,563.76.

Asian Markets

In early Wednesday trade, Asian stocks were neutral, with investors anticipating the US Federal Reserve’s interest rate announcement later in the day. The Hang Seng index in Hong Kong fell 0.68 percent as shares of Tencent and Alibaba both fell about 2%.

In other markets, South Korea’s Kospi climbed 0.1 percent, while Australia’s S&P/ASX 200 gained 0.19 percent. Outside of Japan, MSCI’s broadest index of Asia-Pacific stocks was slightly changed.

SGX Nifty

With a rise of 98 points on the SGX Nifty, the wider index in India is off to a bullish start. On the Singaporean market, the Nifty futures were trading at approximately 17,083 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.

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