Levels and Plan for 7th Nov
The Nifty was quiet again for the second day with a volume just under 87 lakhs as it consolidated the gains from its recent run up
Levels and Plan for 5th Nov
The first day of the month in a holiday shortened week had poor volumes even as the market consolidated the gains from the recent run -up
Levels and Plan for 3rd Nov
The Nifty moved over all time highs as the global Risk On took stocks on a huge upswing .
Levels and Plan for 31st Oct
For the second month in a row the expiry session was anything but dull and produced a 114 point move this time in the upward direction as the market finished the series at the higher end of the range
Levels and Plan for 30th Oct
Another Neutral day in the markets and an exact repeat of Tuesday’s auction as the dip did not get new sellers and the market closed at day highs.
Levels and Plan for 29th Oct
Yesterday’s shorts gave up today in the Nifty creating a short covering move in the second part of the session even as traders adjusted exposure to the twin issues of the FED outcome and the October expiry scheduled on thursday
Levels and Plan for 28th Oct
The first day of the week saw a rise in IV’s across the board as traders prepared for the outcome of the FED meet later this week and the October settlement. It’s all about managing the inventory and risk as traders looked like they are pruning long positions today
Levels and Plan for 27th Oct
Last week we had a V shaped recovery and a 61.8% retracement of the fall which gave us a close in an area which would make both the existing shorts and the new longs tentative about the coming week which has a FED meet and an expiry session and a monthly close. Our strategy […]
Levels an Plan for 30th Sept
Tomorrow is RBI day. If the first session of the new series showed lack of the initiative selling seen on expiry day, then today’s session showed us shorts covering in the region of 8004- 8020. Into the event of the day we will see the changes it has on existing inventory of holders .
Levels and Plan for 29th Sept
That the expiry session of September on thursday was dominated by expiry related selling pressure was abundantly on display on Friday as new sellers failed to show up in the first session and a liquidation followed post news in the afternoon.