The Ultimate Guide to Home Automation for Beginners

What is home automation?

Before you can get started with home automation and to start installing it into your home, you need to make sure that you understand what home automation is first.

This is technology appliances and home theatre equipment that can be used by your phone or tablet. To make use of technology to use them. For example, to switch on lights, or to dim lights, using your smartphone. To switch on the kettle or the television, without making use of the remotes, but to use your smartphone.

What are the benefits of home automation?

There are some great benefits to home automation in your home. This is if you are installing it correctly. These are some of the benefits that you might find interesting before you switch to automation.

You will be able to save money on the amount of energy that you are using. Smart thermostats and smart lightbulbs are energy-saving technology and this will let you save on utility bills at the end of the month.
This home automation equipment is higher in quality, and you won’t need to replace it as often as other, normal equipment. Letting you save money again.
Will give your family a lot more security. This technology makes the home a lot safer from thieves and people trying to get into the homes. The security systems are state of the art, and able to let you know when there is someone approaching your home.
Getting started with home automation

It is important to make sure that you know as much about smart home solutions as possible before you get started with installing this into your home. This is how you get started with home automation in your home.

Make sure that you know how much you know about technology and home automation.
Decide what technology you are going to add to your home to make your home more automated. You might prefer some technology over others. Do the research and decide what you are going to use.
You should also make sure that you know how much money you have to spend on home automation. Know that this can become expensive to purchase all the technology needed.
It might be best to hire someone to get it all installed for you.
The devices that you can use for home automation

Are you familiar with the different devices that you can use for home automation? This is something that many people are struggling with. They don’t know what devices they can use, and which aren’t recommended for home automation. These are some of the devices that will work perfectly if you want to switch to a home full of technology.

Smart lighting
Smart outlets
Smart thermostats
Smart doorbell
Smart security systems
Yes, you can consider home automation without spending thousands of dollars. You just need to know where to start and what devices you can use. The good news is that there are many devices that you can use for automation in the home. The bad news is that you might want to hire a professional to get everything set up if you aren’t familiar with the technology. However, this is a great way to modernize your home with the latest technology.

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Government to Sell up to 10% Stake in SAIL via OFS; Infosys Q3 Results Beat Consensus

Distribution days: Three

Global stock markets: Dow 30, -0.03%; S&P 500, +0.2%; Nasdaq, +0.4%; Nikkei, +1.5%; Hang Seng, +0.3%; Kospi, +0.1%

Yesterday, Nifty gapped-up at a record high of 14,639 and made a new ATH of 14,653 intraday. However, it quickly succumbed to profit-booking and lost around 220 points. Some buying was seen in the last 90 minutes as Nifty pared its losses to close flat. Broader market indices, Nifty Midcap (-0.6%) and Smallcap (-0.2%) closed lower. Barring Nifty Pharma (-0.9%), Fin Service (-0.6%), and Realty (-0.3%), all the sectoral indices closed higher. Nifty PSU Bank (+3.3%) was the top gainer, followed by Auto (+0.9%).

With leadership broadening and indices above relevant intermediate-term moving averages, we will continue to look for leadership-quality growth names to form entry points. If a pullback/consolidation happens, it will be crucial for Nifty to hold its 21-DMA. It is advised to closely review the existing positions and book profits in stocks that are extended from their moving averages and showing technical weakness. Also, tracking distribution days is crucial as rising in distribution days can halt the uptrend.

Key News

Steel Auth.Of Ida. (Nse): The government will sell up to a 10% stake in the company via offer for sale on January 14-15 and the offer price has been fixed at Rs 64 per share.

Infosys reported Q3 FY21 results today. PAT was up 7.3% q/q to Rs 5,197 crore, while revenue rose 5.5% q/q to Rs 25,927 crore. Margin advanced 10 bps to 25.4%. The company raised FY21 constant currency revenue growth guidance to 4.5–5.0% from 2–3% earlier and margin guidance to 24.0–24.5% from 23–24% earlier.

Wipro (Nse) posted Q3 FY21 earnings today. IT services EBIT was up 17.1% q/q to Rs 3,320.4 crore, while revenue rose 3.8% q/q to Rs 15,333.1 crore. Margin advanced 245bps to 21.7%.

O’Neil Market Condition Report

For the 24 emerging markets tracked by our institutional research team, the market status breakdown is as follows: Confirmed Uptrend, 84%; Rally Attempt, 4%; Uptrend Under Pressure, 12%; Downtrend, 0%.

For the 24 developed markets tracked by our institutional research team, the market status breakdown is as follows: Confirmed Uptrend, 66%; Rally Attempt, 0%; Uptrend Under Pressure, 34%; Downtrend, 0%.

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