TradewithGG


Гео и язык канала: Индия, Английский
Категория: Экономика


DISCLAIMER
✅All updates/posts/discussions are only for educational and learning purpose only
✅Do consult your financial advisor before taking any trades or investment and financial decisions
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Гео и язык канала
Индия, Английский
Категория
Экономика
Статистика
Фильтр публикаций


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Captured this fall 🙌






VIX is cooling off now, so option buyers should be cautious of theta decay.




Market up and vix also up so thoda sambhal ke guys




The market already made a big move on Friday, as it predicted a BJP win. Because of this, most call writers and sellers exited on Friday’s move, leaving very few people on the selling side. So on Monday, there’s unlikely to be any big trap, as the major exit already happened.

This makes it hard for the market to move strongly upward again. Next week, the market could be more volatile and sideways, as they might short both upper and lower levels. If the market moves non-stop to the upside, I will plan to short around 24,500 with a small stop loss. If the market reverses at this resistance level, I can make some profit. But if it easily crosses this level, I will wait for a proper price action setup before going long.

The market has already reacted to the news, and my current negative view is because of poor stock performance, weak quarterly results, and continuous FII selling. On the higher time frame, the price action also looks negative, indicating this is just a pullback. Study all sectors carefully, and you’ll understand the overall market condition.


Attention everyone, this is very important, so read and understand carefully.

From my view, the market has not shown any clear signs of reversal yet. Whatever reversal we see now is short-term. Don’t rush to invest or become fully positive because FIIs are continuously selling due to the overvaluation of our market.

I will only go long if I see a proper reversal setup above 24,500 in Nifty and above 52,500 in Bank Nifty. Please note these levels. Sometimes, before a big fall, the market removes small bears and traps bulls.

So first, observe how the market reacts next week, and then we will decide the direction.


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Anyone captured this move ?

@contactGG










Discipline. Strategy. Profits. That’s how we trade—We are TRADERS


Tomorrow is the election result. If the market reacts negatively, there could be a significant fall, and Nifty might even show 22,000 levels.

Показано 20 последних публикаций.