Good morning Chartopia! ❤️

My thoughts

First The Series of events

1. Pak backed terrorists attacked tourists in Pahalgam.

2. India destroyed multiple locations of terrorist camps inside pojk and Pakistan main.
MEA First Press Briefing of Operation Sindoor: https://www.youtube.com/watch?v=uz5K3gQZErM&t=53s

3. Retaliation started happening. Pak targeted Indian towns villages and cities along the border from Kashmir to Gujarat.

4. We got to see one of the best Air defences imaginable and the losses were minimal.
MEA Second Press Briefing of Operation Sindoor:
https://www.youtube.com/watch?v=3cBIg64Bhb4

5. India retaliated with again deep attacks on pak army installations deep in their cities. Multiple Radar Sites and Weapons depots were targeted deep withing Pakistan successfully.
Link to MEA Press Briefing: https://www.youtube.com/watch?v=ZLoMJGeSj3E

6. Ceasefire was announced in the evening.
Link to the MEA Press Briefing: https://www.youtube.com/watch?v=zpZWK6FsS04

7. Reports of Cease fire violations were heard but then later things calmed down by late night.

Now. There is a lot of demoralising mood that why didn't we go all out to full scale war. Why didn't we take POK back. Why didn't ground troops enter Pak. That we snatched defeat from the Jaws of victory.

Alright. Now imagine all that did happen.

Indian army went in. We attacked major cities. What would have happened.

Lets say 1 lakh Pak soldiers were put down. Maybe we lose 10k soldiers. Maybe 20k. Are we sitting in our comfortable Air conditioned homes justified in our war mongering?

What about the tens of thousands of civilian lives that would be lost on both sides? Justified?

India is a rapidly growing economy. Pakistan is a debt-ridden country with no economy to speak of.

Which country has everything to lose?

They would just get more loans and more bailouts. Whereas we would take big leaps but backwards in our growth journey.

Would an ego battle be worth it? Is the life of our soldiers so cheap? Just because the Josh is high, it doesn't mean we stop seeing reason.

Think about it.

Jai Hind 🇮🇳 Jai Bharat.

So for now, lets get back to work. 🇮🇳

Defence Index

The resistance at 21677 has worked and even the recent bubblings in the stoks have kept it below it, Further upmove will only happen once the major resistance is broken.

RAILWAYS index is in accumulation zone, find your favorite stocks or accumulate the Railway ETF in this zone, sooner or later we will see the end of this accumulation and beginning of a break out similar to the Defence Index.

Good morning 😁

*Clears Throat*

Put writers can hold they'll go to zero.
Call writers Ram Naam Satya Hai
Call buyers Book most at opening
Put buyers Call writers ko kandha den.

Dont get blinded by the big gap up. Nifty is still in range.

For Gold I'll wait for the price touching Weekly 10 EMA.

Nifty Break out or fake break out level would be 24590-24600

Compare and understand.

1. Spot has broken out.
2. No break out in Fut
3. If Fut returns from resistance It will look like a fake BO in Spot.

Now the Fut is at resistance

Many times you will see break outs but no movement after that, because Fut has not broken out and that is at resistance. which makes you see a resistance type block in spot even after break out

To get more hints see these other charts along side.

vis is forming base.
Midcap and small cap are in range since they opened.

No one will ever tell you these small small things. 😂

Look at the difference in momentum when spot breaks out vs when Fut Breaks out.

Bosch People! 🕺
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