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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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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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3 days ago

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December 19, 2024

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

romantic partners

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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