Market looks strong to me but it may struggle in first half and expecting an upside momentum towards the second half. This is my current view and I would be doing buy on dip. Not a trade advice. Just communicating what I'm doing
Althugh Nifty was strong from morning, this kind of steep rally I was expecting in 2nd half but it already came. Still there is no weakness. So expecting further upside, may be smaller in magnitude but only after a long consolidation.
Morning strength is fading away. Only if Nifty spot can clear 24920, I'll attempt long trades from here
Seems like some big move is coming in last hour but I'm not able to judge the direction
After the initial fall, market is not givina any directional indication now. Will wait to see if it can take any direction from here
For now, today's expiry seesm to be at 24600. This is the current view, and will post if there is a change in view
SnowBall
For now, today's expiry seesm to be at 24600. This is the current view, and will post if there is a change in view
Market broke day low and sustaining below that. This view is invalid now
This move seems to be strong enough to continue till monthly expiry day. Will wait for the confirmation tomorrow through a follow up rally
SnowBall
For now, today's expiry seesm to be at 24600. This is the current view, and will post if there is a change in view
The funny thing is, market came back here for expiry after big moves. When it broke down, my view was invalidated though.
Although market gave some spike this morning, I still don't have directional clarity. Waiting for more clarity
Looks to me that the day high is done. BN is weaker than Nifty. In case if day high is taken out and sustained, I'll turn heavily bullish, otherwise will stay short
SnowBall
I've booked loss on all short positions but still not convince
*still not convinced to go long
Seems like the strength is real. I'm attemtpting long and will add more if day high is broken and sustained again.