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Trade setup for Jan 4: Can Nifty50 hold 17,600? Check out key market cues before Tuesday’s session

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3 years ago

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Trade setup for Jan 4: Can Nifty50 hold 17,600? Check out key market cues before Tuesday’s session

The benchmark index of the Indian stock market became a sensation at the beginning of 2022, and the Nifty50 index returned to the 17,600 mark, thanks to the broad rise led by financial, IT and oil and gas stocks. Nifty Bank surged 2.7%, the largest increase since May 21, 2021.
What does the chart now suggest for Dalal Street?
Nagaraj Shetti, a technical research analyst at HDFC Securities, said that Nifty50 has formed a long long candle on the daily chart, indicating a strong return of the bulls.
He believes that further increases can be expected in the short term.
“The negative sequence of the lower tops and bottoms on the daily chart is now on the edge, which may mean that the bearish setting may be negated…any decline from here may expand the bullish setting, such as higher Highs and lows,” Shetty added. Maybe there is more room for upside?
Sameet Chavan, chief technology and derivatives analyst at Angel One, said that any rise that makes a significant contribution to the financial basket is healthy and gives the market confidence to continue rising from the current critical moment. He believes that the level of 17,750-17,900 is now the key to Nifty’s attention.
“Since we continue to move upward from 16,800 points, we may see some profit records; but as long as we are convincingly higher than 17,150 points, traders don’t have to worry. Before that, direct support was at 17,500-17,400 points. “Chavan said. He suggested that traders now focus on individual topics in the market.
Here are the key information about the market you need to know before the January 4th meeting:
SGX
At 7:46 am on Tuesday morning, Singapore Exchange (SGX) Nifty futures, an early indicator of the Nifty index, fell 5 points to 17,692.5, indicating that Dalal Street opened flat.
Global Market
Despite Wall Street’s record highs, Asian stock markets are flat
Stock markets in other Asian markets were stable on Tuesday, and Morgan Stanley Capital International’s (MSCI) Asia Pacific’s broadest index outside of Japan was flat in the last statistics. Japan’s Nikkei 225 Index rose 1.4%, Singapore’s Straits Times Index rose 0.7%, but South Korea’s KOSPI Index fell 0.5%, and China’s Shanghai Composite Index fell 0.6%. Hong Kong’s Hang Seng Index was flat.
S&P 500 index futures were flat in Asia. On Monday, the three major Wall Street indexes hit a new closing high. The Standard & Poor’s 500 Index and the Dow Jones Index rose 0.6-0.7%, while the Nasdaq Composite Index, which is dominated by technology stocks, rose 1.2%.

Complete News Source : CNBC TV18

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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3 weeks ago

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January 30, 2025

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

instantbollywood.com

Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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