14th Nov 2024 — PostMortem on Nifty — Will we break 23000?

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…

8th Nov 2024 — PostMortem on Nifty — stance slightly bearish

Nifty Stance Bearish ️⬇️ The report we sent out last week had a full bearish stance, but this week we have reduced the intensity of the bearishness. The new stance is upgraded from bearish to slightly bearish. The rationale is that the momentum needs to really build up for further downfall. 23854 is the magic…

BankNifty Today — 19 MAY 2023 Post-Mortem Analysis + Credit Spreads

There was so much of hidden meaning in today’s price action. Both banknifty and Nifty50 opened gap-up and then started falling. Banknifty fell 0.97% from High to Low, whereas Nifty fell 0.66% only. This fall is the 1st anomaly, this happened at a time when NiftyIT was roaring! It opened gap-up and was shooting up….