Facts.

What do you guys think?

Im Closing Majority of Chartopia Positions today.

Will wait for fresh setups, Will update the ones i kept in a bit.

Nifty 23869

Positions Held

AEGISLOG
GRSE
NETWEB
ACE
EIH
KPIL
CDSL
NALCO
PSUBNKBEES
SILVERBEES
PNBHSGFIN
GOLDBEES
SJVN
INDEGENE
KIMS
AADHARHSGFIN
CREDAIT ACCESS


Closed

IXIGO
MOTILAL OSWAL FIN
FDC
CYIENT
MID150BEES
MAHLIFE
RCF
BEML
AWFIS
TILAKNAGAR IND
BALUFORGE
TEJAS
RAYMOND
CHALET
EPACK
PONDY OXIDES
JUSTDIAL
PROTEAN
MOTISONS
HFCL
IRCON
JOSTS
AEROFLEX
PLATINUM

I understand it might have come as a shock, But i wanted to use this lovely bounce to safeguard some of the recovery.

Can sit on sidelines now and wait for A+ Setups only.

Will be in NO Hurry to re enter setups in FOMO.

Nifty 50

Needs to start making Higher Lows

Small cap 250 on its way to make its 2nd Higher low

I promise.

Ye maine nahi kiya.

Which Pattern?

Solid Reversal Candle formed.

Im hoping this decision will be fruitful in coming days, caught this waves top today and will wait for only A+ Setups.

NO FOMO

Movement today.

Mid, Small caps micro caps psu banks bled mainly.

Did a complete analysis of the PF after closing the positions in the Chartopia PF.

A draw down of 11.56% Has been realised on the Equity part after closing 25 Equity positions.

Earlier ratio was 75% Hedge in gold silver and hngsng

Now the ratio comes to 91% to 9%

Over all comfortable now.

Next steps need to be very careful if this needs to be salvaged.

On a positive note, after closing the large loss positions of equity the Bullion has made the over all PF Deep green.

Believe!

Good morning 😁

Avoiding any aggressive buying till this 23890-23900 Zone is breached.

OR I will look for buiying at 23000 and 22650 zone.

Mostly positive but flattish Sectoral Pre Opening.

KPIL