#CNX500
The CNX500 chart shows a clear double bottom formation, with the third minor bottom acting as a confirmation point. This pattern aligns well with the signals from the GOLD vs NIFTY ratio chart, both indicating growing strength in equities.
A short-term pullback may occur, which should be seen as a healthy correction rather than a cause for concern. Stay prepared, this could be the start of a strong new bull run ahead.
The CNX500 chart shows a clear double bottom formation, with the third minor bottom acting as a confirmation point. This pattern aligns well with the signals from the GOLD vs NIFTY ratio chart, both indicating growing strength in equities.
A short-term pullback may occur, which should be seen as a healthy correction rather than a cause for concern. Stay prepared, this could be the start of a strong new bull run ahead.
π2
Only Positional Community
Shared these Muhurat Trading picks with closed circle. Two of them todayπ€π»π
Our one more Muhurat Day stock started to move π€π»ππ
Refer to my trades in #SRM and #LGBBROSLTD, both charts shared with entries market. Based on pre breakout entry in a base formation.
Today's selling seemed more like manipulation. Weβve approached a key resistance zone for the second time, and the more often we test this level, the weaker it tends to get. Many stocks witnessed sharper declines compared to the indices, indicating profit-booking pressure.
I expect this selling phase to continue for a few more sessions before we see a strong rally ahead. I havenβt sold anything major, as this looks more like a healthy correction within the trend.
That said, I did book some profits over the past two sessions. Will update once the buying momentum resumes.
I expect this selling phase to continue for a few more sessions before we see a strong rally ahead. I havenβt sold anything major, as this looks more like a healthy correction within the trend.
That said, I did book some profits over the past two sessions. Will update once the buying momentum resumes.
π2
FIIs have already sold around βΉ18,000 crores in November, and we still have four trading days left. This is much higher than the previous month. To give a quick comparison:
November: βΉ18,000 crores sold so far
October: βΉ2,346 crores sold
September: βΉ35,000 crores sold
August: βΉ46,900 crores sold
July: βΉ47,600 crores sold
This continuous FII selling is the main reason the market is not giving a strong, sustained rally. Instead, the market is moving within a range and lacking momentum.
Itβs important to understand that nothing is wrong with the Indian market itself. Our economic fundamentals are solid, government policies are stable, and valuations are reasonable at a broad level. The only thing missing right now is strong FII buying. Until that happens, the market may continue to remain sideways.
But when FIIs return in a big way, the market will move up very fast. Most people usually miss that early move and end up buying only when stocks or indices are already at all-time highs.
History shows that investors who stay patient during slow or dull market phases are the ones who benefit the most when the market turns positive.
Currently, the market is offering good value-buying opportunities. Many high-quality stocks are down simply because the overall market lacks momentum, not because their fundamentals are weak. If youβre holding strong businesses at fair valuations, you are already on the right path.
For now, the best approach is to stay calm and hold your positions. The market will eventually show strength.
Remember:
The best time to buy is when very few are interested, and the best time to sell is when everyone is rushing to buy.
I am holding all my positions firmly, as each of them was built with careful thought and clear reasoning.
November: βΉ18,000 crores sold so far
October: βΉ2,346 crores sold
September: βΉ35,000 crores sold
August: βΉ46,900 crores sold
July: βΉ47,600 crores sold
This continuous FII selling is the main reason the market is not giving a strong, sustained rally. Instead, the market is moving within a range and lacking momentum.
Itβs important to understand that nothing is wrong with the Indian market itself. Our economic fundamentals are solid, government policies are stable, and valuations are reasonable at a broad level. The only thing missing right now is strong FII buying. Until that happens, the market may continue to remain sideways.
But when FIIs return in a big way, the market will move up very fast. Most people usually miss that early move and end up buying only when stocks or indices are already at all-time highs.
History shows that investors who stay patient during slow or dull market phases are the ones who benefit the most when the market turns positive.
Currently, the market is offering good value-buying opportunities. Many high-quality stocks are down simply because the overall market lacks momentum, not because their fundamentals are weak. If youβre holding strong businesses at fair valuations, you are already on the right path.
For now, the best approach is to stay calm and hold your positions. The market will eventually show strength.
Remember:
The best time to buy is when very few are interested, and the best time to sell is when everyone is rushing to buy.
I am holding all my positions firmly, as each of them was built with careful thought and clear reasoning.
β€4π₯1
The current market environment is ideal for going back to your setups, refining your approach, and creating a watchlist of fundamentally strong and technically leading stocks. When the index eventually resumes its rally, being unprepared will cost you the entire move and the opportunity to make meaningful returns.
Focus on stocks that are already outperforming the Smallcap index and showing relative strength. These early movers are clear indicators of where smart money is flowing. Simply put: if a stock is moving ahead of the broader indices, itβs giving you advance signals of leadership and potential profitability.
Focus on stocks that are already outperforming the Smallcap index and showing relative strength. These early movers are clear indicators of where smart money is flowing. Simply put: if a stock is moving ahead of the broader indices, itβs giving you advance signals of leadership and potential profitability.
#NIFTYSMLCAP250
Now at crucial support of 16450-16500. If we do not sustain here, another fall till 16000-16165 possible.
Now at crucial support of 16450-16500. If we do not sustain here, another fall till 16000-16165 possible.