'Himalayan Yogi' still active ?? Beware guys!!

7 мар. 2022 г.

Folks nse may call it a glitch. But let's all acknowledge the possibility that the 'Himalayan Yogi' may be still active.

Let me remind you, this is not the first instance this year we're seeing these so called 'glitches'

NSE used to switch off updating option chain on it's website or give wrong Open interest values..that too particularly on days with pretty high volatility..If you want I can give you the dates this happened. Why is this important is explained in second bullet below.

These actions essentially blind a normal retail investor, while the 'big bad wolves' get time to position themselves perfectly for the kill.

I know this post will get views (bcoz of the title), so let me mention 2 important things here

• Did anyone notice the similarity in index movements this year with 2020 ?? Just plot 2 time series together, the index for the following time lines
  
  01/01/2020 - 31/03/2020
  03/01/2022 - 7/03/2022
  
  Let me know if you still think Markets are random and not 'managed' :)
  
  
• If you haven't already realized yet, let me tell you the real action is the F&O space (a zero sum game). This is a killing field for the institutions. They've the capital to write options, and they've the capital to move markets and create volatility to safeguard their positions. And hence the 'volatility' you see every week. I can go on on this, but I'm hoping you're smart to understand what this all means.
  

Coming back to Nifty

Target 1 is achieved. Day started below this target of 15900, and it acted as a resistance for now.

Although there is a possibility of a pull back, I think Nifty may fall further towards Target 2 (15250-15300)

15900 should be Stop Loss when you short the index

There will be pull backs now and then, so you can go long but you've to be really careful with a strict SL.

If LTCG is not a concern for you, just exit. There is a very high high 'chance' you can buy them cheaper later on. For now, it's a sell on rise market.

While you're here, feel free to check the idea I posted yesterday :D Frankly, I expected it'll take time to reach the first Target.


Good Luck and STay safe.

Disclaimer
- The view expressed here are my personal views. We're not SEBI registered Analysts.
- Always have a STOP LOSS, particularly when you trade options.
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be

7 мар. 2022 г.

Заметка

But What explains today's fall?

Ukraine War?
I mean the situation in Ukraine didn't change much from Friday, except that there is more clarity now on way things are headed.

The outcome of this event was long known, but the west is just trying to delay the inevitable at the expense of normal peoples' lives and livelihoods.

Election Results?
They claim win in 4 states. So, if that's true then 'markets should cheer'

Or the LIC IPO??
Come on guys, lift your hand if you still think the IPO won't be postponed..

So, what explains today's fall :)