MESSAGES

on a weekly basis i guess nifty closed almost around the level it did in first week of march around 7th march . this is if not highest it is second highest weekly close . bank nifty did the same after 28dec today closed around 48500 : from march expiry nifty is 1 percent up and bank nifty 2.5 percent up . how is next week setup . both nifty and bank nifty to expire on 10th . any results to adjust by then no . it results preparation for 12th will happen so action might be on 10th or 12th . reaction on 15th monday . no major banking results till 20th as of now so no major reaction . we need to react to global and updates from banks . good chances of going 22800 and 49300

passerby , what should be stop loss for nifty shorts in april ? i have month end 22.8k puts , your suggestions please..

thank you for your views pb bro. your views are most awaited by most of the boarders. as per my gut, especially bank nifty is on a big bulling run next week and for whole of april, i am expecting few 1000 pointers before and after 20th april, hdfc bank results. hopefully all big banks will post better than expected results. this is just my view and hope. as guided by you, i have booked profits on all my ces for this week expiry and bought a few calls for next week and monthlies in bank nifty.

i am not rockstar as such praveen bro..still learning especially timing. smiely... i have my own limitations but a bit disciplined. charrts are indecisive. so myself closed my shorts though. did not carry. i thougt to turn to bullish trade at least if futures are going to give a close above 22.62. but they failed and hdfc did not give a weekly close above 1550. i still did not carry my nifty shorts because bn weekly close above 48k has potential to hit 49.8k. this is somewhat similar to dow hitting 40k without strength. we have seen where it is now. so now wait and watch. i am very happy that bn hit 48k as i expected. 48k calls simply rocked.... from next week very likely sell on raise. this week was buy on dip. trade safe. best wishes.

only one consistent rockstar on this board is pb bro. missing his views these days. and his smiley comment

bears ???? ka stop loss and ballat kaar

praveen bhai is new bank nifty rock star . chaaaa gaye guru

kotak bank is the star of the day for bank nifty with 2pct plus gains