Wish you a very happy new year to everyone. May this years brings all your dreams comes true.
In 2023 Indian Stock market moved like a rocket and no doubt its an exceptional market.
2023 Dec itself nifty moved 9% and YTD 19% and Year 21% . This shows the optimistic in the Indian stock market.
coming to the short term trend ,Market looks ultra bullish but Market market is absolutely in a overbought situation. we have to be very cautious here. continuous up move can lead sudden profit booking and because of this a sharp fall also can be expecte
Expectation for this month
after a huge rally, market will be consolidation for the same period.
expecting consolidation from 21500 to 22000
strategy for the 4th January
Butterfly strategy
buy 21800 CE 1 lot
sell 22000 CE 2 lot
buy 22200 CE 1 lot
In 2023 Indian Stock market moved like a rocket and no doubt its an exceptional market.
2023 Dec itself nifty moved 9% and YTD 19% and Year 21% . This shows the optimistic in the Indian stock market.
coming to the short term trend ,Market looks ultra bullish but Market market is absolutely in a overbought situation. we have to be very cautious here. continuous up move can lead sudden profit booking and because of this a sharp fall also can be expecte
Expectation for this month
after a huge rally, market will be consolidation for the same period.
expecting consolidation from 21500 to 22000
strategy for the 4th January
Butterfly strategy
buy 21800 CE 1 lot
sell 22000 CE 2 lot
buy 22200 CE 1 lot