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Jun 3 โ€ข 8 tweets โ€ข 3 min read
We have been writing about #Inflation and how it is impacting common people like us.

In this #Thread ๐Ÿงตwe did a detailed study on "How Government is Attempting to Control Inflation, which is here to stay."

Like โค๏ธ and Retweet ๐Ÿ”„ for more such Informational Threads.
Retail Inflation reached 7.79% in April, which is the highest level in 8 years. Since then, the Government has come under fire.

The Government needed to act quickly to help all the poor and middle-class who have been suffering from poverty since the pandemic.
๐™๐™š๐™™๐™ช๐™˜๐™š ๐™€๐™ญ๐™˜๐™ž๐™จ๐™š ๐˜ฟ๐™ช๐™ฉ๐™ฎ

Reduced the excise duty on #Petrol by Rs 9.5/Litre and Diesel by Rs 7/Litre, lowering the transportation costs for the commodities.

business-standard.com/article/economโ€ฆ
๐‘ฌ๐’™๐’‘๐’๐’“๐’• ๐‘ซ๐’–๐’•๐’š ๐’๐’ ๐‘บ๐’•๐’†๐’†๐’

Increased Import Duty on #Steel and Iron Ore and Reduced Import Duty on #Coal Making Steel Cheaper in the country.

thehindubusinessline.com/economy/india-โ€ฆ
๐‘บ๐’–๐’ˆ๐’‚๐’“ ๐‘ฌ๐’™๐’‘๐’๐’“๐’•๐’” ๐‘ฉ๐’‚๐’

Placed Restrictions on #Sugar Exports so that more sugar is available locally and prices don't go up.

economictimes.indiatimes.com/news/economy/fโ€ฆ
๐‘พ๐’‰๐’†๐’‚๐’• ๐‘ฌ๐’™๐’‘๐’๐’“๐’•๐’” ๐‘ฉ๐’‚๐’

Announced a ban on wheat exports, citing a sudden increase in global wheat prices, in order to keep prices in the country under control.
Allowed duty free import of 20 Lakh of MT Soyabean and sunflower oil so that the landed cost of the commodity is cheaper.

economictimes.indiatimes.com/news/economy/fโ€ฆ
All the above measures are expected to lower commodity prices and thus help with the supply side problem of inflation.

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More from @chartians

Jun 4
These 5 websites will solve 72% of your FNO research problems !

Last one is our favourite ๐Ÿคฉ
1 .Opstra
One of the best websites for FnO traders
Provides OI data , Straddle and Strangle Premium Charts .
You can design combo strategies and check out their payout charts
It has Options Algorithms , OI dashboards , Put Call Oi dynamics

opstra.definedge.com Image
2. My FnO
The most Advanced websites for FnO Traders which
provides heatmaps , advance declines , pcr , oi data analysis , sector analysis and futures analytics.

myfno.com Image
Read 8 tweets
Jun 2
๐Ÿฅถ Market View for 1ST JUNE, 2022 :

#BANKNIFTY โšก๏ธ
Support : 35120-35100
Resistance : 35750-35770
Chart : tradingview.com/x/5AxFgEE9/

#NIFTY โšก๏ธ
Support : 16370-16350
Resistance : 16530-16550
Chart : tradingview.com/x/gJjcmhbk/
OUR VIEW ๐ŸŒŸ
Another Volatile Sideways Day yesterday , for today we are expecting a dip in the 1st half and then some shortcovering " if the supports mentioned are held".

16650 to 16400 price can retrace remember we told "retracement" level ? ๐Ÿคช
Today expecting crazy volatility trade with less qty and wider SL's.

OUR BIAS FOR TODAY | BUY THE DIPS IF SUPPORTS HOLDโšก๏ธ

โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”
15400-15000 becomes a possibility by end of JUNE.
โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”
โšก๏ธMajor trend is BEARISH so remember this
Read 5 tweets
May 29
10+ things to remember if you have entered markets in 2021-2022 โšก๏ธ

These tips could solve 72% of your trading problems ๐Ÿ’ช

Donโ€™t miss the last one !
Trading or investing?

First be clear with the fact that you are here for trading or investing.

Buying on Price - Holding on fundamentals.

thechartians.com/top-5-mutual-fโ€ฆ
Basics and cycles of Markets

You have to understand that markets are never always in bull phase or never always in bear phase.
Interest rates, commodity prices, valuations, cyclicals - you need to learn these.
Read 15 tweets
May 28
Where is #Inflation?

Let's understand this from the #Indian #Customer Perspective.

Like and Retweet this Thread ๐Ÿงตfor wider reach.
โšก๏ธYou ordered a #Pizza, but there were previously a handful of Ketchup Packets in the box, but now there are none.
โšก๏ธ#Airlines are reducing the number of flight attendants, causing customers to wait much longer for any services.

โšก๏ธ#Hotels not providing waiter service and instead rely on customers to self checkout for food services.
Read 6 tweets
May 26
๐ŸŸขMarket View for 27TH MAY, 2022 :

#BANKNIFTY โšก๏ธ
Support : 34800-34770
Resistance : 35640-35670
Chart : tradingview.com/x/03DcSuW8/

#NIFTY โšก๏ธ
Support : 16020-16000
Resistance : 16400-16420
Chart : tradingview.com/x/UMCCet93/
OUR VIEW ๐ŸŒŸ
We had one of the most memorable days of our Trading Careers today! We had a BUY ON DIPS view and had asked everyone to not short.
We personally had 34000 PE, 34300 PE 16100 PE and 16000 PE, we were in heavy losses till the first half , but all our positions are hedged this gives us peace of mind as we have our losses fixed,
Read 6 tweets
May 26
๐ŸŸขMarket View for 26TH MAY, 2022 :

#BANKNIFTY โšก๏ธ
Support : 34140-34110
Resistance :35100-35130
Chart : tradingview.com/x/GcUcSP1b/

#NIFTY โšก๏ธ
Support : 16000-15980
Resistance : 16220-16240
Chart : tradingview.com/x/FVuwtVny/

OUR VIEW ๐ŸŒŸ
GAME DAY TODAY! MONTHLY EXPIRY.
We told you we have been expecting a good short term rally in #Nifty till 16600 atleast.
FED Rate hiked, the move has already been priced in as we saw a slow sloping downmove since last Friday.
Yesterday we gave PUT SHORTS, asked you guys to hold it till tmmrw, looks like they are going to expire zero.
Don't miss today's move, don't go short, BUY THE DIPS.

#Banknifty more stronger than Nifty hence look for PUT SHORTS rather than CALL BUY. Why ?
Read 6 tweets

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