Levels Of Conviction_Public(old)
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📌Cash | FnO | investment learnings
📌Positional Trades Study
📌Index analysis with astro & time cycle
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Forwarded from Levels Of Conviction_Private
Nifty will go more up if it close above
15863.
Forwarded from Levels Of Conviction_Private
Carry nothing...
No ce / pe.
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Banks are bearish 33000 may go.
By tomorrow.
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Nifty can go 15660 too.
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Afsoos..first view was right...!
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Dow again -58 / -212 / -480 possible.
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Possibly bank nifty may open -1 to -2 % down
Levels Of Conviction_Private
Possibly bank nifty may open -1 to -2 % down
Reason Why bank nifty can go down. :
Bnf trading below all major averages
Shooting stary on daily chart
Future Closed exact 6.18 retractement ( from previous low to high)
Au bank 8% down 4% covered
Indusind same
Kotak bank broken 10D low and close
Hdfc bank closed 20EMA + little bullish
Icici bank at support but below all averages
Axis bank closed at 10D low
Shooting star in sbi
7 out of 4 banks have red vol candle.
Out of which major sell vol came just in last 15/30 mins.
Forwarded from Levels Of Conviction_Private
Now as per time cycle calculations :
Dow will make either lower low or higher low on 5th July 22.

Consider +/- 1 day.

Nifty May follow the same (+/- 1 day)
Nifty done High in 26th.

Now other parameters also should favour this calculation

Like :
➡️Dow should fall
➡️Vix should jump tomorrow as it closed at DH.
➡️ Crude & Brent should fire up more ( they already are..-1% to nearly +0.57%)
➡️ Dollar index near 104.53 ( close to 105)
➡️ America vix +1% nearly
Last but not the least and its the best
USDINR closed at record high of 79.0060
Forwarded from Levels Of Conviction_Private
Dow -580 also Important
UDDHAV THACKERAY RESIGNS AS MAHARASHTRA CM
21 June told
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US vix at 29 +
2% + up
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Dollar Index near 105
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Dollar Index 105.07
1
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Dow forming cup & handle pattern.
Lets see if it gets successful or flop.
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Market is range bound.
Forwarded from Levels Of Conviction_Private
How ever.. I believe the market is positionally more strong now.

Also US now will not go down much.

Make sure you dont have positional shorts now.
Forwarded from Levels Of Conviction_Private
Now...
Once again cash calls :
Condition all calls to be brought together & will be exited together

(Suppose 2lkh - divide it equally)

Buy Ashok Leyland: 147/148
Buy Bosch : 15460
Buy GMMPFAYDLER : 4315
Buy M&M : 1105
Buy MGL : 766
Buy TVS MOTORS : 834
Buy Galaxi Surfactant : 2941
Buy Linde Ind : 3227
Buy Lal path labs : 2179
Buy PVR : 1890