OUR VIEW ๐
We had one of the most memorable days of our Trading Careers today! We had a BUY ON DIPS view and had asked everyone to not short.
We personally had 34000 PE, 34300 PE 16100 PE and 16000 PE, we were in heavy losses till the first half , but all our positions are hedged this gives us peace of mind as we have our losses fixed,
but we trusted our analysis and it paid off! Hope you guys also minted some money along with us in the put shorts!
Now coming to today #Banknifty is strong AF, and #Nifty is tryin to go upto 16400 now.
For tomorrow...we have a sideways to buy the dips view if we open GAP-UP
POSITIONAL PLAYERS HOPE YOU ACCUMULATED LONGS FOR 16600 AND 17200 TARGETS!
IF 16400 BREAKS THE UPMOVE WILL BE QUICK AND BRUTAL!
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15400-15000 becomes a possibility by end of JUNE.
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โก๏ธMajor trend is BEARISH so remember this
We told you we have been expecting a good short term rally in #Nifty till 16600 atleast.
FED Rate hiked, the move has already been priced in as we saw a slow sloping downmove since last Friday.
Yesterday we gave PUT SHORTS, asked you guys to hold it till tmmrw, looks like they are going to expire zero.
Don't miss today's move, don't go short, BUY THE DIPS.
#Banknifty more stronger than Nifty hence look for PUT SHORTS rather than CALL BUY. Why ?
Scientific Investing - Data + Science +
Experience, makes a perfect combination as
of my finest selections of a youtube
channel.
Brilliant outlook by @suru27
1. Market cycles
Market Always moves in a cyclical way, supply and demand is basic principle for any cycle that involves money. Crack it youโll be way ahead of the curve.
2. History rhymes
Always remember that history wont repeat but will surely rhyme - go and see all major falls and all major rises. Core principles are same, triggers are variable.