Индекс Nifty 50Короткая
19th Dec24 Strong Entry by the Bears, We Are Back At Sell Zone
Nifty Stance Bearish ⬇
The opening hour on Friday really set the tone and I had published in tradingview minds that if we get a close below 24466, it's better to go short. Guess what, we closed below 24466, but the short trade did not really work out then.
Markets are rigged to the core, someone or some institution is really manipulating the markets, because nothing else can justify the 354pts ~ 1.45% down move followed by a 608pts ~ 2.52% upmove. Whoever played it, knew pretty well that it was SENSEX expiry that had to be targetted and it worked out as per their script.
How did I guess it was manipulation? Simple, look at the price action on Monday and Tuesday - there was no follow-through and the bull action was just for nothing. In fact the down move was equally powerful as well. We were back at the swing low on the 18th, Wednesday. Markets gave away 600pts over 3 days after rallying 600pts on 13th Dec. Today we fell another 247pts ~ 1.02% mainly because of spill-over effects from the US markets - that ended up tanking 3%.
On a week-to-week basis, we are down 2.36% ~ 578pts. Making money is getting more difficult now, especially with the manipulations that are driving up the ITM options prices. What is more alarming is the increased margin requirements on expiry day are really shooting up the prices and I have not figured out the exact quantity/lots that could be taken overnight without getting a margin call.
My stance is bearish and would like it if markets are closing near 23350 levels by 26th Dec.
The opening hour on Friday really set the tone and I had published in tradingview minds that if we get a close below 24466, it's better to go short. Guess what, we closed below 24466, but the short trade did not really work out then.
Markets are rigged to the core, someone or some institution is really manipulating the markets, because nothing else can justify the 354pts ~ 1.45% down move followed by a 608pts ~ 2.52% upmove. Whoever played it, knew pretty well that it was SENSEX expiry that had to be targetted and it worked out as per their script.
How did I guess it was manipulation? Simple, look at the price action on Monday and Tuesday - there was no follow-through and the bull action was just for nothing. In fact the down move was equally powerful as well. We were back at the swing low on the 18th, Wednesday. Markets gave away 600pts over 3 days after rallying 600pts on 13th Dec. Today we fell another 247pts ~ 1.02% mainly because of spill-over effects from the US markets - that ended up tanking 3%.
On a week-to-week basis, we are down 2.36% ~ 578pts. Making money is getting more difficult now, especially with the manipulations that are driving up the ITM options prices. What is more alarming is the increased margin requirements on expiry day are really shooting up the prices and I have not figured out the exact quantity/lots that could be taken overnight without getting a margin call.
My stance is bearish and would like it if markets are closing near 23350 levels by 26th Dec.
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