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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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Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

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19 hours ago

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January 21, 2025

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Report: BTS member Jungkook’s song “Seven” is poised to top the U.K. charts.

The global phenomenon that is BTS continues to make waves in the music industry, transcending boundaries and captivating audiences worldwide. This time, the spotlight is on Jungkook.

one of the group’s immensely talented members, as his solo song “Seven” is set to dominate the U.K. charts. Let’s delve into the details of this exciting news and explore the factors contributing to Jungkook’s success as a solo artist.

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The Rise of BTS: BTS, a South Korean boy band, has garnered a massive following globally, earning a dedicated fan base known as the ARMY. With their infectious music, mesmerizing performances, and meaningful lyrics, BTS has established themselves as trendsetters and game-changers in the music industry.

Jungkook’s Solo Endeavors: While BTS’s success lies in the collective talent and synergy of all its members, each member has also been exploring their individual artistic ventures. Jungkook, often hailed as the group’s “golden maknae,” has been making waves with his solo projects, showcasing his exceptional vocal prowess and versatility as an artist.

“Seven” Storms the U.K.: News of Jungkook’s solo track, “Seven,” climbing the U.K. charts has taken the music industry by storm. The catchy melody, heartfelt lyrics, and Jungkook’s charismatic delivery have resonated with fans and new listeners alike, propelling the song towards chart-topping success.

Factors Contributing to Jungkook’s Triumph:

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  1. ARMY Power: BTS boasts an incredibly dedicated fan base known for their unwavering support. The passionate ARMY has rallied behind Jungkook, streaming and promoting “Seven” across various platforms, propelling it to the forefront of the U.K. music scene.
  2. Global Appeal: BTS’s international popularity has paved the way for individual members’ solo success. Jungkook’s immense talent, combined with the band’s global recognition, has helped him garner attention and win over audiences beyond the ARMY.
  3. Artistic Growth: Jungkook’s growth as an artist is evident in his solo endeavors. His ability to convey emotions and connect with listeners through his music has struck a chord with fans, creating a strong connection that fuels his solo success.

The Impact of BTS: BTS’s impact on the music industry extends far beyond chart success. Their music promotes self-love, empathy, and resilience, empowering listeners worldwide. Their massive following and achievements open doors for K-pop and Korean artists, fostering cultural exchange and expanding the global reach of Korean music.

Celebrating Music Diversity: The rise of Jungkook’s “Seven” on the U.K. charts also highlights the increasing diversity and inclusivity of the music landscape. It demonstrates that language is no barrier to connecting with audiences, and artists from different cultures can achieve widespread acclaim and recognition.

global impact their devoted fan base. It showcases the power of music to transcend boundaries and connect people from diverse backgrounds. As BTS continues to push boundaries and redefine the music industry, we can eagerly anticipate more solo endeavors from its talented members, each poised to make their unique mark on the world stage.

Note: This blog post is a fictional creation and does not reflect real events or statements by individuals.

Report: BTS Member Jungkook’s Song “Seven” Poised to Top the U.K. Charts

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In exciting news for BTS fans worldwide, Jungkook’s highly anticipated song “Seven” is on track to top the U.K. charts. The track, which showcases Jungkook’s unique vocal prowess and captivating sound, has been well-received by both fans and critics alike. According to recent reports, the song is rapidly climbing the U.K. singles chart, with many expecting it to claim the number one spot soon.

#Jungkook #Seven #UKCharts #BTS #KpopSuccess #Billboard #KpopSolo #BTSArmy #JungkookSeven

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