On this Independence Day, we have fun 76 years of freedom and democracy. We’re grateful for the sacrifices made by our freedom fighters, and we’re dedicated to constructing a greater future for our nation.

As a market timing agency, we consider that independence is crucial for financial development and prosperity. When people and companies are free to make their very own choices, they’re extra prone to take dangers and innovate. This results in new merchandise, companies, and jobs, which advantages everybody.

We’re proud to be part of the Indian market, and we’re dedicated to serving to our purchasers obtain their monetary objectives. We consider that by working collectively, we are able to construct a robust and affluent India for all.

On this Independence Day, allow us to have fun our freedom and allow us to always remember the sacrifices that had been made to attain it.

Sincerely,

Rajeev Prakash Agarwal

CEO & Founder, AstroDunia

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Insights from Weekly E-newsletter/Indicators for August 14-18, 2023

• The US market is anticipated to witness a restoration/barely constructive development on Monday and Tuesday. Nonetheless, promoting stress is prone to be seen at larger ranges on Wednesday till Friday or subsequent Monday.
• On Monday, we lined our brief place of indices at a decrease degree and made lengthy positions (S&P 500 @ 4455, DOW @ 35200, NASDAQ @ 15000, and RUSSELL @ 1900). The goal worth for these lengthy positions might be supplied to members solely.
• Gold and silver are anticipated to enter a constructive section from Wednesday’s US opening or Thursday. The precise length of this constructive section might be supplied to members solely.
• We booked medium-term lengthy positions in pure fuel (NG) @ 3.00 (the unique purchase sign was given at 1.98). We additionally advisable a short-term purchase in NG at 2.76 yesterday, with a goal worth of three.00. If NG sustains above 3.00, a breakout is indicated.
• We suggested a protracted place in crude oil at 82.00, with a stop-loss of 81.00.
• NVDA was a purchase at 409 on Monday and was booked at 435 on the identical day.
• HD & WMT could have favorable earnings announcement.
• Within the Indian market, lined the brief place of Nifty Aug Fut @ 19330 and Financial institution Nifty @ 44000 and made lengthy place there itself. This was adopted by a excessive of 19506 for Nifty & 44398 for Financial institution Nifty. Booked revenue in lengthy place on the larger degree and once more took a 50% positional brief throughout Nifty & Financial institution Nifty.
• Indian market could witness a pointy decline between 16 and 21 August 2023. Subsequent main development reversal : 21 August 2023.

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