There's a strong link between national news and the stock market. Before making any trades when the market opens, stay informed about current events. For instance, the first dip in India's stock markets was closely tied to a nationwide lockdown. So, always check the news, business pages, and headlines before diving in.
1 - Update yourself with the national news.
Daily stock market fluctuations reveal sector insights. Identify support and resistance levels for sectors like banking and automotive, gaining a quick understanding of each sector's status through price action.
2 - Understand key resistance levels of major indices
Ensure announcements align with your portfolio and sector knowledge. Evaluate if performance reports and earnings announcements impact your holdings. Stay tuned for timely portfolio adjustments before market shifts!
3 - Watch out for major announcement
If most trades on a stock demand delivery, it means that investors are showing interest in these stocks. With some further fundamental and technical analysis, you can identify long-term investment opportunities!
4 - Keep an eye on the delivery percentage of stock
Politics and markets are intertwined. Changes in trade laws and market rules by governments can lead to significant stock market adjustments. Stay alert to major talks and forecast market responses before they reopen.
5 - understand how political events affect your investment