Nifty Analysis I was quite happy to see the last 45 to 60mts of trade happening in the direction of the trend. For days unknown we used to have dip buyers who come in at 14.30 to 15.00 and then change the dynamics all together. If you notice we had a good downtrending pattern developing…
Kotak Securities was founded in the early 1990s and is one of the oldest brokers who are still in business today. The broking industry can be classified as pre-2010 and post-2010 eras as Zerodha opened shop in 2010 and has redefined the broking space altogether. I have been in mutual funds from 2005–06 and actively…
Nifty Analysis If you had read yesterday’s report, I am sure you would have anticipated the gap down today & the profit taking that followed. Read yesterday’s report — click here. Today’s price action may not be a structural change or the start of the next bear rally (at least too early to comment). What I feel…
Nifty Weekly Analysis Nifty is up an impressive 526pts ~ 2.71% between the last expiry & today. This is by far the most impressive breakout by Nifty. From the last known resistance level of 18880, nifty is up 6.07% ~ 1142pts in a span of 3 weeks. Guess what? My analysis went deeply wrong this…
Nifty Analysis Today turned out to be a non-eventful day for me. Looking at the premiums yesterday, I came prepared to hunt for similar option prices. Unluckily the premiums did not have that wildly swings like yesterday. In the process I ended up not taking what was available 😢 We opened gap up today and…
FinNifty Weekly Expiry We had a gap up open and the high was formed the first swing i.e. 20476.25 by 09.25, from there the momentum was lost & we started falling. There was a 1.19% fall between 11.15 to 12.20, then a brief recovery and then the selling continued. The options premium was elevated today,…
Nifty Analysis Remember how we closed on Friday? — up 110pts in 30mts. I seriously thought we would be seeing some profit booking today. So I carefully watched the opening price levels and exited my long position by 11.10. All the trading indicators, technicals were saying more bullishness for nifty50. Even the options flow indicated the same….
After the latest circular from NSE, MidCPSelect Nifty which tracks a handpicked 25 stocks will have the expiry date shifted from Wednesdays to Mondays. And BankNifty which tracks the top banks in India will have expiries on Wednesdays instead of Thursdays. And BSE has moved its Bankex expiries to Mondays. This change in status-quo has…
Nifty Analysis If you had witnessed yesterday’s 13.15 hourly candle that took out 95pts ~ 0.49%, you would not have guessed Nifty will rebound today. At least I did not expect. I was having a bullish bias on nifty50 which you can understand from the report yesterday, but the bullish PUT spread carried forward from…
Nifty Weekly Analysis Between the last expiry & today, Nifty50 is actually down 40pts ~ 0.21%. That seems quite hard to believe especially when we had an ATH break today right? The fact is N50 broke out from the 19500 levels today & that would have created the perception that nifty had a gaining week….
