Weekly Trading Diary: 22nd to 26th November 2021

A thread for discussing all your trades, strategies, ideas, news, stories etc.


A quick snapshot of what the markets were up to in the last week;

Benchmarks ended the two-week winning streak. Nifty ended the week below 18000, down by 1.87% while Sensex below 60000, down by 1.72%.



Apart from nominal gains by Nifty Auto Index, all the sectors ended the week in red. Nifty Metal being the biggest dragger.





Look at what the FIIs and DIIs were up to:



Here’s how the global markets fared:



Economic events to watch out for in the coming week:

22nd November
Britain Composite PMI
USA Home Sales
23rd November
Euro Germany GDP Q3
Germany Manufacturing PMI
Britain Manufacturing PMI
Services PMI
24th November
USA GDP Q3
Crude Oil Inventories
25th November
USA FOMC Minutes
Britain BoE Gov. Bailey Speaks
Europe ECB Monetary policy meeting


What are you looking forward to in the coming week? Share below :point_down:

1 Like

:point_down::point_down::point_down::point_down:

Hello, everyone,
Do you want to do paper trade?
I have created a google sheet , which can be used for paper trade, the link is given below

I have created these levels for intraday, you can watch these levels.
I request , pls don’t use it for actual trading.
Thanks.

By the point of TA view , Nifty was making H&S formation and sell off triggered and broke down on the news of Repeal of Farm Law, FIIs are in to selling continuously its a double whammy , I was expecting 17300 level & had some PUT Options.

:point_up_2::point_up_2::point_up_2::point_up_2:

Chart of the week : Turkish lira crashes 15% intraday and 35% in a month against US Dollar. Truly unprecedented.

is this a currency or crypto coin LOL. it is moving more like a crypto than a currency.

For me to[days market action on Nifty indices is just a pull-back , a kind of topping formation happening :thinking:

Market Wrap: :chart_with_upwards_trend: Nifty and Sensex edged up higher to finish the monthly F&O expiry on a positive note. US markets look set for a positive start.

:oil_drum: Brent Crude: 82.31 +0.07%
:heavy_dollar_sign: USD-INR Spot: 74.51 +0.15%
:scroll: India 10Y bond yield: 6.368% +0.02%


Amongst F&O stocks:

:chart_with_upwards_trend: Laurus Labs was the leading gainer.
:chart_with_downwards_trend: Siemens was the top loser on the back of poor showing in the September quarter.


Most of the sectors ended up in green, with Nifty Energy leading the pack.


:newspaper: In the news

Reliance Industries plans to hive-off gasification assets into a separate unit. Shares surge 6%.

HUL, ITC hike soap and detergent prices due to surge in input costs.

Acer India and Dixon Technologies partner to manufacture 500,000 laptops annually.

ITC starts clinical trials for nasal spray to prevent Covid-19 infection.

Hero MotoCorp and Honda Motorcycles curtail production amid weak demand.

Strong demand, rising vaccination rate drive positive outlook for Indian corporates: Moody’s

JSW Energy to move all renewable businesses to a wholly-owned subsidiary:

Investment via P-notes hit a 43-month high in October:


:earth_americas:Global

South Korea’s central bank hiked interest rates by 25 bps on the back of inflation concerns

Some analysts think Oil prices are heading toward the $100 barrel mark

Global supply chain issue might remain bad as China imposes fresh port quarantine measures

https://www.bloomberg.com/news/articles/2021-11-24/china-s-seven-week-port-quarantine-is-blocking-shipping-recovery?srnd=premium-asia



Chart of the day:

The number of loss-making IPOs hit a record high in the US:

1 Like

COMEX GOLD looks bullish above $1800 & weak below $1775.

** for edu purpose only.

1 Like

Nifty Pharma and most of the pharma stocks understandly going up becos of corna newzz

Divis, Cipla, Dr reddys, Cadila …all doing great

any nifty and bnk nifty traders here, where do u think is the support zone currently?

17120-17080 is the support zone for now.

Below that 16800 seems like a possibility.

1 Like

:chart_with_upwards_trend: Markets were in a free-fall today amid fears that a new COVID-19 strain could fuel outbreaks in many countries. Nifty and Sensex both cracked nearly 3%. Things look similar for US markets as well.

:oil_drum: Brent Crude: 77.64 -5.57%
:heavy_dollar_sign: USD-INR Spot: 74.87 +0.48%
:scroll: India 10Y bond yield: 6.33% -0.58%


Amongst F&O stocks:

:chart_with_upwards_trend: Cipla was the top gainer.
:chart_with_downwards_trend: Indian Hotels and Bandhan Bank were the top draggers. Both slipped by over 11%.


Nifty Pharma was the sole gainer with all other sectors in deep red with Nifty Realty Index falling the most



:newspaper: In the news

Tarsons Products shares rally after lukewarm debut; stock soars 20% from IPO price post listing.

RBI releases recommendations of IWG on ownership guidelines for private banks. RBI stays away from corporate entry into banking. Allows higher promoter stake in private banks.

ITC to acquire a 16% stake in D2C natural personal care brand Mother Sparsh.

Amazon alleges Rs 7,000 cr. diverted from Future Retail.

Tata in talks to set up $300-mn semiconductor assembly unit: Report

Equity fund mobilization slows in October, shows AMFI data

20211126_195741


:earth_americas: Global

All Major Global Indices fall between 1-3% on the news of the new COVID variant from Southern Africa.

European Union (EU) proposes banning flights from Southern Africa due to New Covid Variant.

Brent Crude slumps under $80 as investors wary of the new variant, Q1 surplus.


Here’s a snapshot of how major indices and sectors fared over the week.



Chart of the day:

Global equity markets have seen inflows of $1 trillion in the past 12 months.

1 Like

At present Nifty conditions seems to be , as of Rain Ind. :no_mouth: :thinking: