How I see markets now:
26300 was high. I do not know how but NF reversed from there.
Now my base case is we are heading to 25k in Jan 25. Two logics to substantiate, one Trump coming in and hence will announce pro business policies 2nd budget euphoria. If markets go berserk, it can reach 26.5k as well.
If you are trading long buy puts with hedge to limit your losses and your losses should not be in excess of 2 percent of your capital.
Start building longs over next few days with proper hedge
26300 was high. I do not know how but NF reversed from there.
Now my base case is we are heading to 25k in Jan 25. Two logics to substantiate, one Trump coming in and hence will announce pro business policies 2nd budget euphoria. If markets go berserk, it can reach 26.5k as well.
If you are trading long buy puts with hedge to limit your losses and your losses should not be in excess of 2 percent of your capital.
Start building longs over next few days with proper hedge