20 June 2025 — Nifty goes long @ 25008
The last positional order ended in a loss of 134pts. Current stance is bullish, see green marker. https://in.tradingview.com/chart/0oypWTgo/ would be glad if 25500 is taken out this series.
The last positional order ended in a loss of 134pts. Current stance is bullish, see green marker. https://in.tradingview.com/chart/0oypWTgo/ would be glad if 25500 is taken out this series.
Strong resilience shown by Indian markets and almost all Asian markets today, despite the continuation of the War @ Iran-Israel. Nifty goes long, our last short entry now invalidated. Points earned = +268. https://in.tradingview.com/chart/0oypWTgo/ The reason for the bounce may be because Israel is seen as winning this battle. As always, when the Western economy…
Nifty Stance Bearish 🐻 Last week, we had gone long at 24616 when the EMAs had a positive cross; things were looking pretty awesome back then. In fact, everything was okay till yesterday 11th June, and we were on track to go for 25400 when the news broke out that Israel may take on Iran….
Nifty Stance Bullish ⬆ First of all, a big sorry for not posting in the last2 months. No, it was not because I wasn’t trading; it was because of some other good news. I got a contract to write a new book on “How to learn mutual funds in 30 days,” and I was working…
Nifty Stance Bearish ⬇ In last week’s analysis, we had gone neutral, but that did not turn out to be a good decision. Friday 7th March, we held our ground, but Monday 10th, we broke the 22519 support. Tuesday the 11th, we started with a gap down and significantly below the 22453 support, but the…
Nifty Stance Neutral ➡ Friday 28th February, was amazing. We opened the day directly below two support levels 22519 and 22453. It was quite clear the direction was going to be downward as the momentum was in favor of the Bears. By Monday, the 3rd March, we broke the 22051 support as well. This was…
Nifty Stance Bearish ⬇ We fell 394pts ~ 1.72% this week and what was noticeable was the gap down on Monday 24th Feb. We were struggling to break down from the 22781 levels. We would have at least bounced from those levels 4 times and the likely outcome discussed was to break it with a…
Nifty Stance Bearish ⬇ Over this week Nifty has fallen by 113pts ~ 0.49%, but the bears could not breach the 22781 support level. Now that is serious, we have knocked on this door at least 5 times and every time we got a rejection. The momentum is building up and a breach will take…
Nifty Stance Bearish ⬇ Before I start the postmortem weekly analysis, I am so glad to inform you that my book “How to join the top 1% options traders club, from starting out to profitable trading” is now available online as well as in leading bookstores. If you manage to find a copy, do send…
Nifty Stance Bullish ⬆ Nifty went up 352pts ~ 1.52% this week. It even broke through the resistance level of 23357 which prompted me to change the stance from neutral to bullish. There were 2 events that happened this week. The Union Budget on 1st Feb was received well. It had a significant tax relief…