Hello reader, hope you’re doing well. Today being the penultimate expiry day of the February series, there can be a slight bit of volatility expected, and with today’s gap up opening, we will end up seeing quite a few people trapped with their shorts on the CE side. Important points to note: Nifty 50: Banknifty: […]
Feb 16, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Today should be a pretty exciting day considering we’re just a day away from the penultimate expiry of the February series, along with price action finally showing a little bit of signs of a trending move which can play out in the near future. Important points to note: Have
Feb 15, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Keeping the post pretty short today with it being the expiry day on FinNifty. Points to note – Have a good trading day, and may the force be with you! Disclaimer: this post is for educational purposes only, we are not SEBI registered analysts. Trades mentioned here are not
Feb 14, 2023 – Market Overview Read More »
Hello reader, hope you had a good weekend. We’re keeping today’s post short, with not much action happening in the markets, mainly with VIX nearing its 52 week low, this is a point from where a bounce back can be expected in the index (VIX). Time for option sellers to be cautious, as a rising
Feb 13, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. After a pretty much calm and straightforward expiry day yesterday, which has again resulted in an inside bar, Nifty is continuously lingering near its key resistance of 17900, and let’s look at the few data points which would be key for the upcoming week – Points to note, price
Feb 10, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. For the 6th day in a row, Nifty has ended up forming an inside bar as it currently stands, and we’re seeing a major resistance on the index at 17900 levels. Along with it, this contraction period would serve as a good setup and a trigger for a directional
Feb 9, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. As it currently stands, backed by a rally in Wall Street and it’s Asian peers, Nifty is set to give a positive opening, with SGX nifty trading about 0.4% higher. Another important factor which would play a key role today would be the MPC meet outcome, which would be
Feb 8, 2023 – Market Overview Read More »
Hello reader, hope you’ve had a good weekend, and we’re keeping today’s post short and sweet as well. Nifty is currently in the 17600-17900 range, while in the process of forming a base at it’s 200 EMA support level. The key resistance point to cross now would be 18000 (which is also the 50 EMA
Feb 6, 2023 – Market Overview Read More »
Hello all, keeping the post a bit short today as we’ve got a neat two day break for the weekend, plus fridays are usually light on positions as well. With the overall Adani situation going on, a lot of Mutual Funds and investors who entered late would be stuck for a while now. Overall, we
Feb 3, 2023 – Market Overview Read More »
With yesterday’s budget day market being an extremely volatile session, as much as media would portray the indices’ performance as “closed flat”, the intraday whipsaws were a mere treat to the eyes. As a market participant/trader though, if one has handled this session and come out profitable, hats off to you! Overall, we’ve seen a
Feb 2, 2023 – Market overview Read More »