Nifty stance Bearish 🐻 My trading signal gave a reversal today at 10:19 AM; see the red arrow, which indicates we are now bearish. The last long signal yielded a decent 614 points, ~ 2.47%. Trading this week was really hectic; on every particular day, we opened gap up only to lose away the gains…
Nifty Stance Bearish ️⬇️ In last week’s report, we changed the stance to moderately bearish and kept a stop loss of 24394 for a neutral stance. What happened on Monday was quite unexpected, we rallied almost 340 points from the opening low and I had to exit my position at a minor loss. Right after…
Nifty Weekly Analysis Between the last expiry and today, Nifty has risen 260pts ~ 1.36% and has crossed 2 important resistance levels. The bullish momentum has stalled a little bit from 6th of Nov. If further trades happen toward the downside, then the current level will act as a lower high. Nifty Today Analysis Recap…
The difference between options trading and gambling is a fine line. Few of the data presented by popular news anchors look pretty scary. The screenshot below is from a report published by Anuj Singhal of CNBC-TV18 — source: twitter This video talks in depth about the ratio of options turnover versus the underlying market cap. USA which…
