Nifty50 Analysis For 2 consecutive days the bears had a good time and now it is over! Today’s price action and the inability of the sellers to push down the prices indicate the bulls are gaining traction. Most analysts would prefer to watch for 1 to 2 more days before changing the bearish bias — I would…
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…
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 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…
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…
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,…
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…
