Good Morning All

If Nifty breaks the target in the opening itself then retracement will be till 14368 & 14321

MONTE CARLO in BULLISH FLAG

Bull Flag will become invalid below 241 weekly closure

Short 14700 ce @15 and hedge with 14900 ce @2.5 for margin benefit

Good Morning All

Nifty monthly at resistance, if this week closes above 14530 , 15000+ will be easily seen , else there will be retracement

14530 is good resistance for today, we can look for shorting oppurtunity

Risky players can take short at nifty

Target for Nifty 14480

SL- 14621

Options Strategy:
+75 14500 CE monthly expiry at 290-92
-450 14800 CE weekly at 11
+450 15200 CE weekly at 1.5

Safe players can get 14750-15000 @ 16.75- 2.3 to get cushioned from a smaller gap down

Auto Sector analysis for value investing

Good Morning All

14750-15000 call spread is flat, 14500 CE is 310+

RBI stability report is indicating that there would be higher stress in retail and SME segment compared to corporate.RBI has given NPA would rise drastically till September 2021. Results in Q3 and q4 would better reflect better picture for Microfinance, therefore better to do own homework before investing in Microfinance led stocks. Also, have gathered from industry players that there is stress of 6-9 pc currently in Microfinance and how does it pan out, time will tell. IMO better to be careful at these levels

Market moving as we wanted now