We have compiled the last 3 months of work into an Amazon Kindle ebook with the title “60 Post-Mortems on Nifty & BankNifty Q3 FY23-24” - request you to take a look and provide suggestions.
BankNifty Analysis - Stance changed to Neutral
BankNifty was not able to break away from the lower channel line. Normally BN swings from the lower boundary to the upper...
We all saw highly volatile previous week with massive gaps on either sides. Nifty formed a range with defined boundaries at 16400-15735. A close above 16400 can bring more upside for short term. Though a breakout fail at 16400 can bring in another rally on the downside as well that is towards 15735. Following a breakout above 16400 can accelerate the markets to...
It was an interesting week apart from the gap up and gap down. With a calm expiry, I could squeeze the premium from 15550 PE and 17550 CE. The position itself gives me 0.8%. A nifty cross of 200MA Nifty will have to move from here if nothing bad happens. Vix also gave a cool down that will help the option seller, even after such a huge gap up opening today. The...
Avoid trading tomorrow between this range.
Trade after the breakout.
My view is bullish Since we saw last hour short-covering and heavy buying happened.
The market will be very volatile tomorrow. VIX is around 18.5 Up 2.67%.
INDUSINDBK | Flag opportunity for 15-20%
CMP : 937
SL : 900
Target : 1015, 1110
Volatile stock - Please keep SL with some buffer and have some patience
Expecting breakout in this range bound market.
Market is volatile. So do your own analysis before taking trade. Can take long trades if it sustains above 35500.
If you find any mistake in my analysis, then please do comment and guide me ;)
NIFTY - Welcomes to Wed & Thursday volatility world
CMP : 13490
SL : 13515
Target : 13420
I see mild RSI negative divergence and resistance is nearing.
Yesterday I gave TorrentPower and Bajaj Holding for intraday day, out of which Bajaj Holding did give momentum today, but after the first half of the session. Torrent power was not able to reach my target. THe reason was the Torrent power isn't high beta stock and so 1-1.5% return was what I got, which is great. Zeel on the other hand, is a very volatile stock...
