Wondering what will happen on MONDAY for NIFTY!!!!!
I am trying to compare the USDINR surprise event ( Saudi attack) happened in last week and NIFTY event on Friday.
NIFTY rallied over 5% but most of day traders were expecting a max of 3 - 3.5% up only. Many people missed another 300 point rally on index.
Firstly, lets concentrate on Monday expectation... As per comparison with USDINR, at least 38% retrace is expected to near 11130.
Lets assume, friday was the SPUR of the moment .. everyone enjoyed a lot . even though stocks rose 10% and more. but most of the stocks fallen 50% in recent past. Now, based on retail buy only markets will move. lets see how retailers will act in next week. Hope, retailers loaded funds over weekend to buy on Monday. Then, expect a diwali rally till 11800/12K.
Declaimer : I am not a SEBI certified analyst. trade as per your risk apatite.
NIFTY rallied over 5% but most of day traders were expecting a max of 3 - 3.5% up only. Many people missed another 300 point rally on index.
Firstly, lets concentrate on Monday expectation... As per comparison with USDINR, at least 38% retrace is expected to near 11130.
Lets assume, friday was the SPUR of the moment .. everyone enjoyed a lot . even though stocks rose 10% and more. but most of the stocks fallen 50% in recent past. Now, based on retail buy only markets will move. lets see how retailers will act in next week. Hope, retailers loaded funds over weekend to buy on Monday. Then, expect a diwali rally till 11800/12K.
Declaimer : I am not a SEBI certified analyst. trade as per your risk apatite.
Комментарий:
Сделка закрыта: достигнута стоп-лосс цена:
Today booked loss for current month but holding next month puts .. i will hold it till oct 2nd week.
Today i was expecting a DOJI candle then fall tomorrow. but a different candle popped out. if tomorrow market doesn't fall then.. no dip till expiry for sure.
Today i was expecting a DOJI candle then fall tomorrow. but a different candle popped out. if tomorrow market doesn't fall then.. no dip till expiry for sure.
Комментарий:
doji and bug red candle happened the next day after reaching my stop loss
I am taking 11500 PE @ 90 -100 with stop loss of 75.. ( only one o 2 qty only)