Derivatives Trader - System & Quants l Equity Investor - TechnoFunda & Momentum l Investment Adviser (SEBI) @invesys_in |
When someone asks to explain #Nifty movement this week ..
This Nifty chart is constructed, not real Nifty was launched in 1996
Pinching myself for making good profit in #ITC Long futures held overnight Sapna to Nahi ? 😂�
Market has no worries of people dying .. But high fear of #Inflation & #Interest rates coming back to life
Debate on Vaccine pricing is pointless , it's free in Govt hospitals for weaker section of society Max Cost of Vaccination at 400/Dose - 1 Lakh Cr 1% Loss in GDP - 1.35 lakh Cr let's vaccinate self & sponsor vaccination for househelp / employees / needy people in surrounding
#Nifty Future Based on global cues & SGX, looks like support zone of 14250 , which held for 2-3 weeks, will be breached tomorrow Next meaningful support in 13650-13800 Zone
#Nifty pattern last few days On weekends bad news gathers on #Covid, Sentiment takes a dip , in next session Big gap own , Then slowly crawl back in weekdays Avoiding overnight Longs on Weekends/ Holidays till momentum on Covid cases slows down
All Fractals broken triggering Fresh Daily Downtrend #Nifty #Nifty500 #CnxMidcap #CnxSmallcap
#Nifty Futures sold off from AVWAP & MEAN today Nifty, Midcap Index, Smallcap Index completed mean Reversion Swing Sell Activates below todays low.. Now Let's see what Monday unveils for us
#SPX #Dowjones hitting daily new high Where #Nifty would have been if Covid 2 didn't hit us ? #HappyWeekend Folks Wear Masks, Stay Safe, Save Lives !
#Nifty Gap-up, though small, sells off immediately Bulls need to be careful over next 5-10 sessions, as all the indices #Nifty #Nifty500 #CnxMidcap #CnxSmallcap are having BB Fractal Breakdown set-up on daily TF If Monday lows fall, Selling will further intensify
#Nifty Futures Current move is Mean Reversion with Strong Resistance around 14700-750 If Gap-up as per SGX materializes, will liquidate overnight longs & look for Shorting Opportunities tomorrow
#Nifty Pic 1- Start Of Bullrun in 2003 & Subsequent Running correction Pic 2 - 2020 Rally & subsequent correction developing currently If we get nice dip in current quarter, that should be good opportunity to go overboard Equities imo
Top 5 components of #SPX are Apple, Microsoft, Amazon, Facebook, Google These companies contribute to global GDP, not only US GDP , while Marketcap is basis Global Operations So how relevant is Mcap/ GDP ratio in this context ?
Remember This !! If #Nifty 14260 goes, we slip in Weekly downtrend & price generally test minimum 200 DMA in weekly down ..So would wait for better bargain for #Lumpsum investment ..For rest, #SIP Jindabad
Daikin best quality, Voltas sale highest but hum Bluestar use kar rahe hai without any problems 😅�
Yellow metal was hedge against inflation for so long Now we have #BTC which may be actually used for transactions in near future, making it better store of value Does Gold loose it's peg against inflation in future? #Gold
Some familiar names - Jhunjhunwala, R k Damani, Basant Maheshwari, Dolly Khanna & Even Zerodha Broking Looks like #Sail Train is getting overloaded
And #Nifty Follows #Kospi Pattern Marching towards 15K Upper BB placed at 15185 currently