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Economic Times
2 days ago
- Business
- Economic Times
After the storm on July 10, eyes now on July 15 — the next high alert!
Global headwinds, local profit booking Live Events Precision in price: Support & resistance levels held firm Timing the market: Time forecasts that worked Support and resistance levels (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel After a volatile week dominated by global jitters and profit booking, Indian equity markets ended lower, with the Nifty50 slipping 1.2% for the week ended July 11, selloff came amid renewed tariff threats by U.S. President Donald Trump, which spooked global investors and added pressure on risk market, which had previously rallied to higher levels, witnessed a bout of selling as investors opted to lock in gains. Sectorally, the brunt of the fall was borne by IT, auto, and metal stocks, which emerged as the top laggards for the week.A textbook trend reversal: July 10 lived up to the forecastIn our last note, we identified July 10 as a High Alert Day—a potential inflection point where a trend reversal could anticipated, the market exhibited strong momentum on that day, but a subsequent breakdown below July 10's low on Friday triggered a sharp decline. This confirmed July 10 as a textbook trend-shifting session, reinforcing our forecast key levels provided clear guidance throughout the week:Weekly High: 25,548.70 (vs. resistance at 25,586 — only 37 points off)Weekly Low: 25,129 (vs. support at 25,120 — just 9 points difference)Friday Intraday High: 25,322 (vs. projected level at 25,320)Key Magnet Level: 25,434 — acted as crucial support on July 7, 8, and 9These precise levels helped intraday and positional traders navigate the market with greater Time + Price framework once again proved its effectiveness:9:25 am: Day high formed at 9:35 am10:05 am: Swing low emerged11:20 am: Down move began2:15 pm: Swing low seen near 2:30 pm11:45 am: Swing low hit exactly on time9:30 am: Swing low11:20 am: Swing high12:20 pm: Momentum move began, peaked at 2:35 pm9:20 am: Day high1:55 pm: Fresh momentum initiated9:20 am: High formed by 9:40 am11:25 am: Sideways movement began post selling haltJuly 14–18Looking ahead, all eyes now turn to Tuesday, July 15, flagged as the next High Alert Day (±1 trading day). Traders should brace for elevated volatility and potentially strong intraday moves—ideal conditions for short-term and momentum trading 14 (Mon): 10:20 am, 11:30 amJuly 15 (Tue): 9:45 am, 12:45 pm, 1:45 pm, 2:40 pmJuly 16 (Wed): 10:45 am, 11:40 am, 1:20 pmJuly 17 (Thu): 10:15 am, 11:30 am, 12:45 pmJuly 18 (Fri): 12:30 pm, 2:05 pm25,085 / 24,978 / 24,850 / 24,676 / 24,538 / 25,45025,320 / 25,434 / 25,566 / 25,600 / 25,911 / 26,230These levels are expected to act as crucial pivots for price action through the week. Traders are advised to use these zones in conjunction with the mentioned time forecasts for higher probability sharp, stay timedWith another High Alert period approaching, precision trading becomes more important than ever. As the previous week demonstrated, combining time and price offers a significant edge in anticipating market moves. Use these tools to your advantage—trade with discipline, stay nimble, and let the charts do the talking.(The author is Director, Wealthview Analytics Pvt Ltd)SEBI Registration – INH000009676Investments in securities markets are subject to market risks. Please read all related documents carefully before investing. Recommendations and views expressed are those of the author and do not represent the views of The Economic Times.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)

1News
23-05-2025
- Health
- 1News
Warning after heroin misrepresented as benzodiazepine
White powder being sold as an unknown benzodiazepine in the Auckland region has been found to instead contain heroin after a sample was submitted to a drug checking clinic. High Alert issued a warning today, saying people who took the powder believing it to be a benzodiazepine were at risk of experiencing serious harm and death if taken in large doses. It said there was no information available on its prevalence outside of Auckland. "There is a concern that this powder may continue to be sold as a benzodiazepine. "It is important to never assume that what drug you have is what it has been sold as. Misrepresentation can occur anywhere along the supply chain." The substance could be mistaken for a crushed benzodiazepine pill, and if someone took a pill-sized dose of this powder, it could result in an overdose." "People who take multiple benzodiazepine pills at the same time may inadvertently take a dangerous amount of heroin." Benzodiazepines were a class of drugs commonly used to treat anxiety, insomnia, and seizures, with examples including Valium and Xanax. Heroin and benzodiazepines came from different classes of drugs and produced different effects, High Alert said. "While both are central nervous system depressants, heroin is a potent opioid and large doses can result in serious harm and death." Caution was urged to those who chose to use white powders and drug checking was recommended to reduce the risks. "If you or someone you know takes a substance thought to be a benzodiazepine and starts to experience unusual effects, call 111." The person's face is extremely pale and/or feels clammy to the touch Their body goes limp Their fingernails and/or lips have a purple or blue colour They start vomiting or making gurgling noises They cannot be awakened or are unable to speak Their pupils become very small Their breathing and/or heartbeat slows or stops.


NZ Herald
23-05-2025
- Health
- NZ Herald
Warning issued after heroin disguised as white powder in Auckland, sold as benzodiazepine
High Alert said some of the effects of heroin can include being in a 'dreamlike' state, severe nausea, blue lips, seizures and death. The sample of white powder presumed to be benzodiazepine was tested at a New Zealand Drug Foundation drug checking clinic in Auckland. 'Further testing was carried out by the Institute of Environmental Science and Research (ESR), and the preliminary results indicate the presence of heroin,' High Alert said. No benzodiazepine was detected in this powder, and it is unknown if the powder is still circulating. How to recognise the drug High Alert urges Kiwis to exercise caution should they choose to use white powders, and drug checking is recommended to help minimise the risk. 'It is important to never assume that what drug you have is what it has been sold as. 'Misrepresentation can occur anywhere along the supply chain,' High Alert said. Heroin and benzodiazepines come from different classes of drugs and produce different effects. High Alert said both substances are central nervous system depressants, but heroin is a potent opioid and large doses can result in serious harm and death. 'People who take multiple benzodiazepine pills at the same time may inadvertently take a dangerous amount of heroin,' High Alert said. Drug checking services are recommended because they can identify when a substance is not what it has been sold as, the service said. What to do in an emergency High alert said if you or someone you know takes a substance, call 111 and ask for an ambulance immediately if you are concerned. 'Tell them what you think has been taken and that it could be an opioid overdose. Be honest about your drug use. You won't get in trouble, and it could save you or your friend's life.'