Finnifty tomorrow prediction 03/04/2023

 

फिननिफ्टी में कल की चाल :

शुरुआती सत्र के 10 मिनट में ही फिननिफ्टी ने अपना हाई बना दिया। बाद में यह दोपहर 1 बजे तक साइडवेज़ रहा। इसके बाद इसने अपना बुल रन शुरू किया और गति जारी रखी। इन स्तरों पर फिननिफ्टी 1 तरफ़ा चाल देता है और यदि यह 18130 के स्तर को पार करता है, तो यह 18230 के स्तर के लक्ष्य को छू सकता है। फिननिफ्टी पर इस स्तर पर नज़र रखें। वहीं नीचे की तरफ अगर फिननिफ्टी 18010 के नीचे  पार करता है तो 17955 का स्तर देखा जा सकता है। हम किसी और गिरावट की उम्मीद नहीं कर रहे हैं क्योंकि स्तर मजबूत हैं और बुल्स स्ट्रोंग है इस स्तर पर। 

Finnifty tomorrow prediction:

Finnifty created its high in 10 minutes of the opening session. Later it remained sideways till 1 pm. After that it started its bull run and continued the momentum. Finnifty at these levels gives 1 way move and if it crosses 18130 levels, it could hit the target of 18230 levels. Watchout for Finnifty at this level. On the downside, if Finnifty crosses below 18010, 17955 level can be seen. We are not expecting any further downside momentum as the levels are strong and Bulls are in the power. It is advised to stay on the bullish side.

-Buying Zone -  18080

-Resistance Levels 18130,18205,18240

 SL according to your risk

-Selling Zone - 18010

-Support Levels 17955,17910,17840

 SL according to your risk

**Whether you're a beginner looking to learn the basics or an experienced investor seeking advanced strategies, my channel has something for everyone. Don't forget to Follow my Blogs daily and Subscribe to my Youtube Channel to stay updated on our latest educational content and videos. I am not financial advisor, and any information provided on my channel should not be taken as financial advice. Remember to always consult with a licensed financial advisor before making any investment decisions

Nifty tomorrow prediction 03/04/2023

निफ़्टी में कल की चाल :

ब्रेकआउट हो गया! कल मैंने आपको ब्रेकआउट के बारे में बोला था और निफ्टी ने आज वैसे ही परफॉर्म किया। सोमवार को निफ्टी 17320 तक करेक्शन दिखा सकता है या तो फिर वहां से  तेज़ी दिखा सकता है 17440 तक, क्योंकि यह निफ्टी के लिए एक बड़ा हर्डल है।सोमवार को ज़्यादा ट्रेडिंग करने की सलाह नहीं रहेगी क्योंकि निफ्टी ने ओलरेडी पिछले 2 दिनों में बोहोत अच्छा पेरफराम किया है। अगर करना भी चाहे तो थोड़ा ऊपर से शोर्ट करने के बारे में सोचयेगा।  

Note:

BREAKOUT DONE! I told you yesterday regarding the breakout of nifty, and it performed as expected. Nifty on Monday could correct till 17320 and then either remain sideways or continue the upside momentum 17440, as it is major hurdle for Nifty. Stay light on Monday as Nifty has performed remarkably well since last 2 days.

-Buying Zone -  17385

-Resistance Levels 17435,17480,17530

 SL according to your risk

-Selling Zone - 17325

-Support Levels 17290,17255,17210

 SL according to your risk

**Whether you're a beginner looking to learn the basics or an experienced investor seeking advanced strategies, my channel has something for everyone. Don't forget to Follow my Blogs daily and Subscribe to my Youtube Channel to stay updated on our latest educational content and videos. I am not financial advisor, and any information provided on my channel should not be taken as financial advice. Remember to always consult with a licensed financial advisor before making any investment decisions

Bank Nifty tomorrow Prediction 03/04/2023

बैंक निफ़्टी में कल की चाल :

बड़े लक्ष्य बैंकनिफ्टी आ रहे हैं अब! जैसा कि पिछले दिन बताया था,बाजार अपनी ब्रेकआउट रेंज के करीब था और उम्मीद के मुताबिक, बाजार ने वैसा ही किया और ब्रेकआउट के कारण बैंकनिफ्टी ने तेज़ी दिखाई पुरे दिन। बहुत से लोग थे जिनको करेक्शन की उम्मीद थी लेकिन ऐसा नहीं हुआ ब्रेकआउट के कारण ही। सोमवार को थोड़ा करेक्शन देखने को मिल सकता है अगर यदि गैप अप खुलता है तो क्योंकि यह पहले ही 1000 अंक बढ़ चुका है। यदि बैंकनिफ्टी फ्लेट खुलता है तो पहले 5 मिनट में बाजार की प्रतीक्षा करें और उस हिसाब से ट्रेड करें।  

Bank Nifty tomorrow Prediction:

Bigger Targets are Coming in Bank nifty Now! As predicted on the previous day, market was near its breakout range and as expected, Bank nifty made continuous upside trend due to the breakout. Many people were expecting it to correct but Bank nifty Trend was Bullish due to the breakout. For bank nifty tomorrow prediction, small correction can be seen on Monday, if it opens gap up as it has already moved 1000 points. Wait for first 5 minutes to take a trade in Bank nifty and then make decision accordingly.  

-Buying Zone -  40680

-Resistance Levels 40800,40945,41150

 SL according to your risk

-Selling Zone - 40505

-Support Levels 40360,40240,40060

 SL according to your risk

**Whether you're a beginner looking to learn the basics or an experienced investor seeking advanced strategies, my channel has something for everyone. Don't forget to Follow my Blogs daily and Subscribe to my Youtube Channel to stay updated on our latest educational content and videos. I am not financial advisor, and any information provided on my channel should not be taken as financial advice. Remember to always consult with a licensed financial advisor before making any investment decisions

7 Key Features You Can't Ignore When Choosing a Stock Trading App: A Complete Guide

     Stock trading has always been a popular way to invest and grow one's wealth. In recent years, the rise of stock trading apps in India has made it more accessible than ever before. With the convenience of trading on-the-go and real-time access to market data, stock trading apps have become a popular choice among both novice and seasoned traders.

However, with so many stock trading apps available in India, it can be difficult to determine which ones offer the best user experience. We will explore the features that make for a great user experience in a stock trading app.

 

1)Simple and intuitive user interface

A good stock trading app should have a simple and intuitive user interface. The app should be easy to navigate and understand, with clear labelling and organization of different functions. It should also provide a seamless user experience across all devices, whether it be a mobile phone, tablet or desktop.

 

2)Real-time market data

Real-time market data is essential for making informed trading decisions. The stock trading app should provide up-to-date information on stock prices, news, and other relevant market data in real-time. This will help users stay informed and make informed decisions quickly.

 

3)Personalized watchlists and alerts

Users should have the ability to create personalized watchlists of stocks they are interested in, as well as set up alerts for when a particular stock reaches a certain price or when news is released about a particular company. This feature will help users keep track of their investments and stay informed of any changes in the market.

 

4)Robust trading tools

A good stock trading app should offer a range of trading tools to help users make informed decisions. These tools could include technical analysis tools, charting tools, and real-time trading signals. The app should also provide access to research reports, analyst ratings, and other tools that can help users make informed decisions.

 

5)Easy deposit and withdrawal options

The stock trading app should offer easy deposit and withdrawal options for users. This will help users quickly and easily add funds to their account, as well as withdraw any profits they may have earned.

 

6)Security and data privacy

A good stock trading app should take security and data privacy seriously. The app should use the latest encryption technology to protect users' personal and financial information and should offer two-factor authentication for added security.

 

7)Customer support

Finally, the stock trading app should offer excellent customer support to users. This could include a dedicated support team, online chat support, or a comprehensive knowledge base. Users should be able to easily access help and support when they need it.

 

Conclusion

A great user experience in a stock trading app requires a combination of simple and intuitive user interface, real-time market data, personalized watchlists and alerts, robust trading tools, easy deposit and withdrawal options, security and data privacy, and excellent customer support. By providing these features, a stock trading app can offer its users a seamless and enjoyable trading experience.

Looking for an up-to-date review of Dhan in 2023?

 

Whether you're a seasoned trader or just getting started, Dhan has a lot to offer, so read on to learn more!

Dhan is a popular discount broker headquartered in Mumbai, known for its fast growth and highly competitive brokerage rates. 

If you're looking for a brokerage firm with transparent and straightforward pricing, Dhan may be the perfect fit for you. As a flat-fee brokerage house, Dhan charges the same brokerage fee for every asset class, with no additional charges for equity delivery trades. 

The brokerage charge for equity intraday trades, equity futures, currency futures, and commodity futures is just Rs. 20 or 0.03% per executed order, making it highly reasonable and easy to understand. Additionally, the brokerage charge for equity, currency, and commodity options is fixed at just Rs. 20 per executed order, regardless of the number of options traded. 

With Dhan, you can easily calculate your brokerage fees ahead of time and trade with confidence, knowing that you won't be hit with unexpected charges.

Unlike other brokerage houses, The Dhan does not charge any account opening or annual maintenance fees, giving you the freedom to maintain your accounts for as long as you need. Experience a seamless and cost-effective trading experience with The Dhan - SIGN UP NOW!

Looking for a brokerage house with a difference? 

Dhan offers a compelling proposition for traders and investors alike. Here are some reasons why you should consider opening a trading account with Dhan:

1) you pay brokerage per order and not on the volume traded in that order, which can be a game-changer for bulk traders who would otherwise end up paying a considerable amount in brokerage fees. With Dhan, the maximum brokerage per order is just Rs. 20.

2) Dhan offers a hassle-free account opening process and free maintenance of accounts - a major relief for those who don't want to deal with hidden fees and charges.

3) Dhan offers multiple offers and discounts for investors, making it a cost-effective choice for those looking to optimize their trading costs.

4) the research and advisory team at Dhan provides expert tips and suggestions to investors and traders, instilling confidence in their investment decisions. From fundamental research reports to IPO services, Dhan offers a range of value-added services to help you make informed investment decisions.

5) as a flat-fee brokerage house, Dhan offers a range of investment products beyond just equities, currencies, and derivatives. You can also invest in commodities, SIPs, and ETFs, giving you a wider range of investment options to choose from.

Finally, for the intraday segment, Dhan offers exposure/ leverage up to 5 times, providing a significant advantage to traders. So why wait? Open a trading account with Dhan today and experience the benefits for yourself! - SIGN UP NOW!

 

"Unlock a world of trading possibilities with Dhan - the one-stop-shop for all your investment needs. 

With Dhan, you can trade in multiple segments of the stock market, including equities, currencies, and commodities. What's more, derivatives are also available for all the segments, giving you a wide range of investment options to choose from.

Looking for investment options beyond just trading? Dhan has got you covered with SIPs, ETFs, and IPO services. Whether you want to start a monthly SIP or invest in ETFs, Dhan offers different schemes to cater to your investment goals. With regular updates about upcoming IPOs, you can stay on top of the latest trends in the market.

Despite being in the market for just a year, Dhan boasts a diverse range of products that are sure to meet your investment needs. With innovative technologies and trading platforms, Dhan is making waves in the market, offering a seamless and user-friendly trading experience. Discover the power of Dhan - SIGN UP NOW!

 

Looking for a share market trading app? 

Dhan Mobile App, available on iOS and Android platforms, is worth considering. It offers lightning-fast speed, multiple investment options, different charts, and technical tools. The best part? It's free!

Dhan also has another trading platform, Dhan Option Trader, specifically designed for trading options and futures. It has various built-in strategies, pay-off graphs, market outlooks, and an options Greeks feature to help you understand whether your options strategy is good or not.

Dhan Web trading platform is another highly advanced platform that provides technical charts, portfolio details, live market updates, global indices, stock tips, and a lot more advisory services. Additionally, you can set up SMS and email notifications and stay updated with real-time news flashes.

No matter what your trading needs are, Dhan has a platform that suits them. Download the Dhan Mobile App, explore the Dhan Option Trader, or trade with Dhan Web to take advantage of its cutting-edge features and tools - SIGN UP NOW!

 

 

Zest Money suffers setback as PhonePe cancels deal over due diligence concerns

 

Phonepay

    In a setback for the buy-now-pay-later platform supported by Goldman Sachs, PayU, and Xiaomi, PhonePe, which is backed by Walmart, has canceled its agreement with Zest Money due to concerns regarding due diligence.

Zestmoney

Founded in 2016 by Lizzie Chapman, Priya Sharma, and Ashish Anantharaman, ZestMoney provides credit disbursements worth Rs 400 crore each month and has 17 million customers. The company has formed alliances with 10,000 internet brands and 75,000 physical stores, in addition to partnering with 27 lending partners.

How to Trade RSI Divergence?

Let's take a look at an example of RSI divergence in action. 

In the chart below, we have the daily price chart of Apple Inc. (AAPL) with the RSI indicator plotted below: 

Bearish Divergence in AAPL

In between the month of July and September, we can see that there is a bearish divergence between the price and the RSI. The price is making higher highs, but the RSI is making lower highs. This indicates that the uptrend may be losing momentum, and a potential reversal to the downside may be coming. Traders who use the RSI divergence strategy may look to enter a short position in AAPL, expecting the price to reverse to the downside. If they were to enter a short position at the bearish divergence point, they would have made a profitable trade as the price of AAPL did indeed reverse to the downside in the following days. 

In other chart below, we again have the daily price chart of Apple Inc. (AAPL) with the RSI indicator plotted below: 

Bullish Divergence in AAPL

In the month of March, we can see that there is a bullish divergence between the price and the RSI. The price is making lower highs, but the RSI is making higher highs. This indicates that the downtrend is about to get over, and a potential reversal to the upside may be coming soon. Traders who use the RSI divergence strategy may look to enter a long position in AAPL, expecting the price to reverse to the upside. If they were to enter a long position at the bullish divergence point, they would have made a profitable trade as the price of AAPL did indeed reverse to the upside in the following days. 

Conclusion  

The RSI divergence strategy is a powerful tool for identifying potential trend reversals and momentum shifts in the market. By using the RSI indicator to identify bullish or bearish divergence, traders can make profitable trades by entering positions in the opposite direction of the trend. However, traders should always use other technical analysis tools to confirm the divergence and potential reversal before entering a trade.

What is RSI Divergence?

Before knowing RSI Divergence, we will first understand about RSI. The Relative Strength Index (RSI) is a popular technical analysis indicator used by traders to identify overbought and oversold conditions in the market. However, the RSI can also be used to identify divergence, which can signal potential trend reversals. 

Relative Strength Index(RSI) Indicator

In this article, we'll discuss the RSI divergence strategy and how it can be used to make profitable trades.  RSI divergence occurs when the RSI indicator moves in the opposite direction of the price action. This can signal a potential trend reversal or a change in momentum. 

RSI divergence can be categorized into two types: 

1)Bullish divergence 

2)Bearish divergence. 

1)Bullish divergence occurs when the price of an asset is making lower lows, but the RSI is making higher lows. This indicates that the momentum of the downtrend is slowing down, and a potential reversal to the upside may be in the cards.

Bullish Divergence Example

 

2)Bearish divergence is observed when the price of an asset is rising and making new highs, but the RSI indicator is failing to confirm the new highs and is instead making lower highs, indicating a weakening trend. This indicates that the momentum of the uptrend is slowing down, and a potential reversal to the downside may be coming. 

Bearish Divergence Example

However to use RSI Divergence in trading, traders typically wait for the divergence to occur and then enter a trade in the opposite direction of the trend. For example, if there is a bullish divergence, traders may look to enter a long position, expecting the price to reverse to the upside. Conversely, if there is a bearish divergence, traders may look to enter a short position, expecting the price to reverse to the downside. 

Traders often use other technical analysis tools to confirm the RSI divergence, such as trendlines or moving averages. They may also use other indicators to confirm the potential reversal, such as the MACD or the Stochastic Oscillator. 

How to trade Banknifty on 31/03/2023

 BANKNIFTY LEVELS

DATE: 31/03/2023

 Note:

I HOPE MARCH ENDING WAS GOOD FOR EVERYONE :). In the last hour banknifty rallied 400 points. This position conversion indicates a bullish move for the month of April. If the Banknifty opens gap up. Start booking profits immediately and if opens gap down, wait for the market to reach to the closing price.

Buying Zone -  40040

RESISTANCE LEVELS 40120, 40200, 40380

SL according to your risk

Selling Zone - 39945

SUPPORT LEVELS 39855, 39780, 39655

SL according to your risk

**Whether you're a beginner looking to learn the basics or an experienced investor seeking advanced strategies, my channel has something for everyone. Don't forget to Follow my Blogs daily and Subscribe to my Youtube Channel to stay updated on our latest educational content and videos. I am not financial advisor, and any information provided on my channel should not be taken as financial advice. Remember to always consult with a licensed financial advisor before making any investment decisions.

How to trade Nifty on 31/03/2023

NIFTY LEVELS

DATE: 31/03/2023

 Note:

WHAT A MOVE FROM NIFTY IN THE LAST HOUR. BIG MOVEMENT FROM NIFTY CAN BE SEEN IN THE COMING MONTH AS IT IS NEAR THE BREAKOUT ZONE. NIFTY ABOVE 17180 IS ULTRA BULLISH. WAIT FOR THIS LEVEL TO RETEST AND SEE THE BREAKOUT COMING. BULLISH ON NIFTY!! .

Buying Zone -  17125

RESISTANCE LEVELS 17150, 17180, 17210

SL according to your risk

Selling Zone - 16925

SUPPORT LEVELS 16890, 16850, 16810

SL according to your risk

**Whether you're a beginner looking to learn the basics or an experienced investor seeking advanced strategies, my channel has something for everyone. Don't forget to Follow my Blogs daily and Subscribe to my Youtube Channel to stay updated on our latest educational content and videos. I am not financial advisor, and any information provided on my channel should not be taken as financial advice. Remember to always consult with a licensed financial advisor before making any investment decisions.

UPI Transactions Over ₹ 2,000 will be charged up to 1.1%. Starting from 1st April,2023

 The National Payments Corporation of India (NPCI) has declared that an transaction fee of up to 1.1 percent will be applied on merchant UPI transaction from 1st April.

UPI transaction charge for merchants will be implemented from 1st April 2023

The transaction will be levied on Prepaid Payment Instruments(PPIs) for transactions through UPI. The charges will be applied only if the transaction is more than 2000 Rs.

The charges will be applied only if the transaction is more than 2000 Rs.

The transaction charge will vary from 0.5% to 1.1% and a limit will also be applicable in few categories.

NPCI said that the fee is only applicable for merchant transactions via PPI. It also cleared that NO charges will be applied on Normal UPI payments. For eg. transactions from one bank account to other bank accounts based on UPI payments. 

The transaction fee for fueling is 0.5% 

For insurance, government, mutual funds and railways, the transaction charge is 1%. 0.5% for fueling and for agriculture it is 0.7% as per the CNBC TV-18 reports.

                                      

For Supermarkets like Dmart, Reliance Mart and other, the transaction fee is 0.9%.

For Supermarkets like Dmart, Reliance Mart and other, the transaction fee is 0.9%. For telecommunications, educations and utilities/post offices, the transaction fee is 0.7%. 

The transactions charges will be applicable from 1st April. 

**Whether you are a beginner looking to learn the basics or an experienced investor seeking advanced strategies, my channel has something for everyone. Don't forget to Follow my Blogs daily and Subscribe to my Youtube Channel to stay updated on our latest educational content and videos. The ultimate resource for traders and investors seeking the latest news, strategies, and insights into the dynamic world of stock market trading. From top-rated trading indicators to the best apps for real-time trading, we deliver the latest tips and trends to help you succeed in the fast-paced world of stocks. Join our community today and start becoming smarter, and make more informed trading decisions!"

How to trade Nifty on 29/03/2023

 

NIFTY

DATE : 29/03/2023

Note:

-NIFTY CLOSED IN RED! Nifty was very volatile too. At this point, there is no sign of bullishness or bearishness in nifty. Wait for Nifty to create some pattern before trading. Otherwise let the 5 min candle close above or below the resistance zone and support zone respectively. There is no sign of momentum to continue in one direction.

-Buying Zone -  16975

LEVELS 17000, 17035,17065

SL according to your risk

-Selling Zone - 16925

LEVELS 16890,16850,16810

SL according to your risk

**Whether you're a beginner looking to learn the basics or an experienced investor seeking advanced strategies, my channel has something for everyone. Don't forget to Follow my Blogs daily and Subscribe to my Youtube Channel to stay updated on our latest educational content and videos. I am not financial advisor, and any information provided on my channel should not be taken as financial advice. Remember to always consult with a licensed financial advisor before making any investment decisions.

How to Trade Banknifty on 29/03/2023

 

 BANKNIFTY

Note:    

TODAY WAS A VERY VOLATILE DAY. ALMOST ALL THE TRADE THAT I TOOK WOULD EASILY HIT THE STOPLOSS. For tomorrow, watchout for upside moment. Crossover above 39660 would take the market to new levels on the upper side.

- Buying Zone -  39660

   RESISTANCE LEVELS 39730,39780,39850

   SL according to your risk

-  Selling Zone - 39500

    LEVELS 39400,39335,39275

    SL according to your risk

**Whether you're a beginner looking to learn the basics or an experienced investor seeking advanced strategies, my channel has something for everyone. Don't forget to Follow my Blogs daily and Subscribe to my Youtube Channel to stay updated on our latest educational content and videos. I am not financial advisor, and any information provided on my channel should not be taken as financial advice. Remember to always consult with a licensed financial advisor before making any investment decisions.

What is MACD (Moving Average Convergence Divergence) ?

 The Moving Average Convergence Divergence (MACD) is a technical indicator used by traders to identify trends and potential trading opportunities in the stock market. It's a widely popular and highly effective tool used by traders of all levels, from beginners to professional traders.

The MACD is a momentum indicator that displays the relations between two moving averages of a stock's price. The first moving average is known as the "fast" moving average which is also know as 'MACD LINE', while the second is referred to as the "slow" moving average which is also know as 'SIGNAL LINE'. The MACD is calculated by subtracting the slow moving average with the fast moving average.

When the MACD is above the zero line, it's considered Bullish, indicating that the price of the stock is rising. Conversely, when the MACD is below the zero line, it's considered Bearish, indicating that the price of the stock is falling.

One of the most significant advantages of using the MACD is that it's an effective tool for identifying divergences between the price of a stock and the MACD line. Divergence occurs when the price of the stock moves in one direction while the MACD line moves in the opposite direction. This can be a powerful signal of a trend reversal or potential trading opportunity.

You can see in this image that Market Nifty created a new high, but MACD didn't show the strength in the chart. As a result, Nifty fell drastically from Top.

If you wish to see the video regarding MACD, click here: MACD

The MACD is also commonly used in conjunction with other technical indicators, such as the Relative Strength Index (RSI) and Bollinger Bands, to confirm potential trading signals.

Despite its many benefits, it's important to note that the MACD is not 100% right indicator and should be used in conjunction with other forms of analysis. It's essential to take into account other factors, such as news events and market conditions, when making trading decisions.

In conclusion, the MACD is a valuable tool for traders looking to identify trends and potential trading opportunities in the stock market. By analyzing the relationship between two moving averages of a stock's price, traders can gain valuable insights into market momentum and potential trend reversals. However, it's important to use the MACD in conjunction with other forms of analysis and take into account other factors when making trading decisions.

Introduction to Market 2 the Point

    Hello everyone, my name is Hiten, and I'm the founder of Market 2 the Point. My passion for the stock market began several years ago when I first started investing, and I've been hooked ever since.

As I got deeper into the world of stocks, I realized that there was a wealth of information out there that many people weren't aware of. That's why I decided to create Market 2 the Point - a platform where I could share my insights and knowledge with others who are interested in the financial markets.

I aim to provide readers with valuable insights and analysis on the latest market trends and investment opportunities. I believe that everyone should have access to the information they need to make informed investment decisions, regardless of their level of expertise.

Whether you're a seasoned investor or just starting out, I hope that Market 2 the Point can provide you with the knowledge and resources you need to succeed in the stock market. I'm excited to share my expertise with you and help you navigate this exciting and dynamic landscape. Thank you for joining me on this journey!