Allabout

    GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a subdued opening on Thursday. Here is all you need to know before the market opens. GIFT Nifty was up 7 points, or 0.03%, at 23,521.50 indicating a muted start for the domestic indices NSE Nifty 50 and  BSE Sensex  on Thursday. Previously, on Wednesday, the NSE Nifty 50 closed 42 points or 0.18% lower to finish at 23,516, while the BSE Sensex gained 36 points or 0.05% to finish at 77,338. The Wall Street or US markets were closed on Wednesday on account of the Juneteenth holiday. It closed a record high on Tuesday as Nvidia’s shares were on a winning spree and marched to new highs, surpassing the  market  cap of  Microsoft . The S&P 500 added 0.25% to settle at 5,487, closing at a fresh record. Similarly, the tech-heavy Nasdaq Composite moved 0.03% higher to end at 17,862.23. The Dow Jones Industrial Average rose 56.76 points, or 0.15%, to end at 38,834.86....

  Recent rumors of a potential divorce between cricketer Hardik Pandya and model Natasa Stankovic have grabbed public attention, highlighting alimony in India. Some reports suggest Natasa may seek a substantial amount in alimony, though neither has confirmed the divorce or alleged settlement terms. Alimony, or spousal support, is a legal obligation for a partner to provide financial assistance to their spouse upon separation or divorce. Alimony has been seen as a means to support wives who have sacrificed career opportunities and financial independence for the sake of marriage and family. However, as more women pursue education and employment, the landscape is evolving.In India, alimony or spousal support is determined by several factors, regardless of whether the recipient is a working woman. Key laws governing alimony include the Hindu Marriage Act, Special Marriage Act, Indian Divorce Act, Muslim Women Act, and Parsi Marriage and Divorce Act. Courts consider various factors in a...

Nepal knocked out of the ICC Men's T20 World Cup as South Africa maintain their unbeaten status in a thriller. Heinrich Klaasen pulled off a run out from the final delivery to help South Africa remain unbeaten at the ICC Men's T20 World Cup and knock Nepal out of contention for a spot in the Super Eights with a thrilling one-run triumph over the Asian side in St Vincent on Friday. Nepal needed two runs for victory from the final ball to keep their hopes alive of reaching the Super Eights and Klaasen kept his cool to run out Gulsan Jha at the non-strikers end as the match appeared headed to a Super Over. It was a cruel way to finish for Nepal, who were the better side for much of the thrilling contest as their spinners dominated with the ball to reduce South Africa to 115/7 and their top-order looked in control in reply when they reached 85/2 in the 14th over and the required rate well within reach. But South Africa spinner Tabraiz Shamsi (4/19) turned the game the Proteas' ...

    10  years before when I wanted to backtest a simple trading system, I need to write tons of code with charting tools like Amibroker. Another problem is getting the historical data, cleaning the data and back testing the logic with multiple parameters, all these would consume more time and effort. Now thanks to the rise in no code platforms where back testing has been made very easy with a click of a button. In this article, we will see how to back test a option trading strategy without any cost using a platform called  https://algotest.in  The design is almost exactly same as well know platform called  www.stockmock.in  where you can back test index option with nominal fee.  You can even back test strategy using stop loss based on underlying index movement. The  1% Short straddle bot  which is designed to make profits on range bound markets without using any fixed stop loss into the system, if Bank Nifty moves +1% or -1% from 9:30 AM...

  Feature Algotest StockMock Backtesting Yes Yes Forward Testing (Paper Trading) Yes No Live Trade Yes No Strategy Builder Yes (FREE) Yes (Paid) Option Simulator Yes (FREE) Yes (Paid) Backtesting speed Ultra-fast Fast Number of indices supported 6(Nifty, BankNifty, Finnifty, Nifty Midcap, Sensex, Bankex) 5(Nifty, BankNifty, Finnifty, Midcap, Sensex) Number of brokers integrated 20+ None Realtime Customer Support Yes No Stock Backtest Yes No Positional(Backtesting) Yes Yes BTST(Backtesting) Yes No Leg wise SL & lock profit feature No No Indicator-Based Strategies(Stocks) Yes No Straddle and Strangle Charts Yes(FREE) Yes(Paid) Margin calculator Yes No M2M Graph Yes No Individual leg target, stop-loss, and trailing stop-loss Yes Yes MTM target, stoploss and trailing stoploss Yes Yes Lock profit, trail profit, and lock + trail profit Yes yes Entry by premium Yes Yes Move stoploss to cost/ Trail SL to breakeven Yes Yes Simple Momentum/ Wait and Trade Yes Yes Re-entry  Yes Yes U...

  Implication A Flag (Bullish) is considered a bullish signal, indicating that the current uptrend may continue. Description A Flag (Bullish) follows a steep or nearly vertical rise in price, and consists of two parallel trendlines that form a rectangular flag shape. The Flag can be horizontal (as though the wind is blowing it), although it often has a slight downtrend. The vertical uptrend, that precedes a Flag, may occur because of buyers' reactions to a favorable company earnings announcement, or a new product launch. The sharp price increase is sometimes referred to as the "flagpole" or "mast". Figure 7: Flag (Bullish) The rectangular flag shape is the product of what technical analysts refer to as consolidation. Consolidation occurs when the price seems to bounce between an upper and lower price limit. This might occur, for example, in the days following a positive product announcement, when the excitement is starting to subside, and fewer buyers are willin...

  Any clear direction will only emerge after the results, so traders are advised  not to take any overleveraged positions and keep their trades light and with strict stoploss . Looking at the wide range of highest CE and PE, traders are expecting a wide trading range for the week,” he recommended.