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Feb 6, 2023 – Market Overview

Leave a Comment / Market analysis / thetaflo

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 […]

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Feb 3, 2023 – Market Overview

Leave a Comment / Market analysis / thetaflo

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

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Feb 2, 2023 – Market overview

Leave a Comment / Market analysis / thetaflo

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

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Feb 1, 2023 – Budget day, market overview

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Welcome back readers, it’s good to be back and writing again after a hiatus. Stay tuned for daily updates on our blog from now on. So Nifty, after a month-long consolidation, ended up breaking on the downside, post the report published by Hindenburg research, but let’s just say that it was a trigger for banking

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How to make a billion Pounds in a day.

Leave a Comment / Chronicles of Finance / thetaflo

Black Wednesday. 16 September 1992 is the day when speculators single-handedly broke the British pound. This costed the government and the taxpayers £3.3 billion dollars and threw the entire British financial system into chaos. Amidst the chaos with the British pound one man made 1 Billion pounds while taking advantage of this event. Some say

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