Nifty Weekly Analysis We lost 373pts ~ 1.89% between the last expiry day and today. Usually Nifty ends up compensating the loss by dip-buying. For the first time in many weeks — the dip buying is not that intense and that may open up more cuts in the coming weeks. Our stock market in specific has been…
Nifty Analysis Maybe it was the news that Fitch cut the US rating from AAA to AA+ (news report here) that sparked the reversals in Asian markets. Our market too started to fall but had a decent recovery in the last 1 hr (just as usual). The global markets were staying at elevated levels for…
This is also a range-bound strategy but has a higher reward-to-risk ratio which gives the trader the feeling of earning more per money spent. i.e. a feeling of higher ROI. Here you need to sell the PUT and CALL options for the ATM strike and then buy OTM PUTS and CALLS to limit the max…
FinNifty Analysis From the last expiry and today, Finnifty has fallen 197pts ~ 0.96%. We did hit an ATH of 20666 on 27th Jul and the same day we fell quite deeply. Today’s close is almost matching the intraday low set on that day. Today’s Analysis There was some interesting price action till 12.50 today — the…
Nifty50 Analysis It is almost safe to say that Nifty has crawled out of bear grip, on friday we did discuss the last 45mts that changed the game. Except for the first 5mts candle, rest of the play today was from the same script of Friday. The biggest mistake was to assume the first candle…
This is a strategy you use when you feel the markets will not rise or fall below a predetermined level within the upcoming week. Approximately 9 out of 10 times markets remain range bound and the other single time it breaks out or breaks down. This strategy is when you have a feeling that markets…
Nifty Analysis The open was as expected and the first 2 candles made sense when we retouched yesterday’s swing low.But what followed after that was more of a discouragement for the bears. No matter how hard the bears try — they are unable to push down the prices. We had a gradual fall to the intraday low…
Nifty Monthly Analysis Nifty is up 707pts ~ 3.73% this July Expiry month. The breakout from the last known resistance of 18880 came on the last working day of the previous month. All Nifty had to do was sustain that momentum and see where it has taken it? Almost for 11 days Nifty revised its…
Nifty Analysis Today’s gap up opening and the race towards 19825 took out my stop loss. From last Friday we were short on Nifty, this stop loss hit proves to me that the bears are short lived in our market. Nifty50 went up 147pts ~ 0.75% from the prev. close enough to take out the…
FinNifty Weekly Analysis Finnifty has actually moved up 209pts ~ 1.03% between the last expiry and today. What this means is the recent reversal in Nifty is yet to reach the financial service index. Moreover the finance sector esp. Banks were looking strong throughout the last week. FinNifty had a decent expiry today, closing almost…
