Good close . If trump does not speak too much for next 7 days markers will come back to 25200
mightyword bro 52.580 for bn is for spot. A failed pattern on opposite is furious. I have closed my nifty puts in morning. Will wait for weekly close and sbi results for new trade on Monday. Best Wishes.
passerby sir, 52580in banknifty is for spot or futures to close shorts..
Harm Bro, if nifty futures sustain above 24.4 for more than 3hrs then better to close the trade temporarily. Best Wishes.
Passerby sir thanks for view.. please suggest when to exit 24k if you find any unmove is happening.
Aayansh Bro, not sure when did you exist as our markets did a surprise rally towards close. Smiley. Any way cautious trade for this week. Just look at dollar and Bond yields. 23.816k and 24.2k levels are to watch for nifty spot. Disclaimer. Myself have Nifty 24k puts. As I said earlier Our weekly charts are week where Dow weekly charts are good. Lets see how this week pans out. Best Wishes.
thanks Passerby Bro got an exit cost to cost..thanks for your valuable advice it helps
mightword bro, It is a move crushing all call shorters in current weekly. I am glad I have closed all my weeklies earlier. Let us see how this week pans out bro. I have traded today Nifty monthly 24k pe. As expected we did go below 23.9 towards 23.8k. I did not expect such a huge rally in BN. As I said its ok. Thats why we need to trade in monthlies. If hourly of bn sustainses above52.580 then I will close all my shorts and take it is for few days. Smiley. Adjusted close for nifty is above 24.2 but initial final close is below 24.2k for nifty spot. Vix is still above 16. That means this up move cannot be trusted yet. Best Wishes.
Aayansh Bro, if nifty spot can sustain above 24020 then it has potential to get co 24.1k. It needs a strong move above 24.2k to go towards 24.8k and 25.2k. It is possible based on us election outcome and fed. But it is not sure i we know eleection result by 7th and fed outcome is on 7th. To me it looks we may move towards 23.9 and 23.8k again before result and later towards 22.8 in the month. So suggest to buy some puts to protect investments and once direction is known go for puts or calls in next week. While dowcweekly charts are good ours are not. The probability of going down is high. Best Wishes.
seems like this is happening passerby bro, 24.2k done , but I doubt going upto 24.8k or 25k
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