{"id":374,"date":"2023-05-11T01:42:53","date_gmt":"2023-05-11T01:42:53","guid":{"rendered":"https:\/\/fintechcentre.in\/articles\/?p=374"},"modified":"2023-05-11T01:42:53","modified_gmt":"2023-05-11T01:42:53","slug":"things-to-notetradersinvestors-11thmay-2023-thur-8-20am-clone-clone","status":"publish","type":"post","link":"https:\/\/fintechcentre.in\/articles\/2023\/05\/11\/things-to-notetradersinvestors-11thmay-2023-thur-8-20am-clone-clone\/","title":{"rendered":"Things to note(Traders&Investors): 11thMay 2023 Thur ,@8.20AM Clone Clone"},"content":{"rendered":"\n

Asia markets mixed as investors digest US consumer prices ; china\u2019s inflation report ahead,Nik,29098\/-22\/-0.08% Dj,33531\/-30\/-0.09% Vix16.94\/-4.4%<\/li>\n\n\n\n
Oil,\u00a072.48; Gold,2036.2, Bonds,3.431. Dollar,slips after inflation data; BC27205\/-439\/-1.5p<\/li>\n\n\n\n
Nifty:18315.1\/49.15\/0.27%;Candle:Of:Doji; Bank Nifty:4331.05\/132.19\/0.31% Candle:OF.Doji ; HB:OF;Doji, 18315;<\/li>\n\n\n\n
Nifty :Supp Rest<\/li>\n\n\n\n
Banknifty:Supp Rest .<\/li>\n\n\n\n
SGX Nifty:18404\/45\/0.25%\u00a0 \u00a0 \u00a0FII Long49%FutCash;1833;Opt98%<\/li>\n\n\n\n
OI data Nifty \u00a0( max pain W18250M)<\/li>\n\n\n\n
OI data Bank Nifty Nifty(max pain W M)<\/li>\n\n\n\n
News:The SGX Nifty indicates a positive start for the broader index with a gain of 35 points on Thursday. SGX futures stood at 18,395., L&T Q4 net profit spikes 10% to Rs 3,987 crore, misses estimates<\/strong>, Dr Reddy\u2019s Q4 net profit jumps to Rs 959 crore on favorable base, US launches, brand deals<\/strong>, <\/li>\n\n\n\n
Events\/Results:Asian Paints, Eicher Motors, Siemens, Aditya Birla Capital, Balrampur Chini Mills, BLS International Services, CARE Ratings, Deepak Nitrite, Gillette India, Gujarat State Petronet, Intellect Design Arena, Dr Lal PathLabs, PTC India Financial Services, Shankara Building Products, South Indian Bank, Ujjivan Small Finance Bank, and Zensar Technologies will be in focus ahead of quarterly earnings on May 11.<\/li>\n\n\n\n
The National Stock Exchange retained Canara Bank, BHEL, GNFC and Manappuram Finance\u00a0on its F&O ban list for May 11.\u00a0<\/li>\n\n\n\n
Market wrap up(DWM,T,N,E):The market closed with third of a percent gains on May 10, though we have seen some volatility during the day, as there\u00a0was caution ahead of US inflation data which was in line with estimates at 4.9 percent for April. The BSE Sensex rose 179 points to 61,940, while the Nifty50 closed above 18,300 levels for the first time in the current calendar year, climbing 49 points to 18,315 and forming a Dragonfly Doji kind of pattern on the daily scale, indicating tug of war between bulls and bears. \u201cNormally,\u00a0the formation of such Doji pattern at the highs post reasonable upside calls for caution for bulls at the hurdles. But, having formed this pattern within a range movement, the predictive value of this pattern could be less,\u201d Though the Nifty placed at the strong overhead resistance of 18,250-18,300 levels, there is no indication of any reversal pattern unfolding at the highs , \u201cany weakness from here could find support around 18,200-18,000 band. A decisive move above 18,300-18,400 levels could open the next upside target of around 18,600-18,700 levels in the near term,\u201d The broader markets closed flat with a positive bias, while the India VIX, which measures the expected volatility in the next thirty days for Nifty50, rose by 3.19 percent to 13.08 levels.<\/li>\n<\/ul>\n\n\n\n
$\"\"$ <\/figure>\n<\/body>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-374","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/comments?post=374"}],"version-history":[{"count":11,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/374\/revisions"}],"predecessor-version":[{"id":388,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/posts\/374\/revisions\/388"}],"wp:attachment":[{"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/media?parent=374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/categories?post=374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintechcentre.in\/articles\/wp-json\/wp\/v2\/tags?post=374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}