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Nifty Trading Ideas

Nifty collapsed to 11,250 followed by global sell-off. But Nifty might open a bit positive today! #Nifty

It takes just one day to change the sentiment and that was yesterday. Catching that day is very critical and I am happy that I was able to catch it and if you have avoided a trade or if you would have traded in the morning and kept in mind my advise that markets can […]

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Nifty Trading Ideas

Fed says no action on rates till 2023, Rise in Crude Oil & $ Index. Nifty to open with losses! #Nifty

Fed policy is finally here and it was no surprise. The rates have been kept unchanged at 0% to 0.25% and the Fed said that the same would be continued till the inflation goes above 2% mark. That Fed says will happen only in 2023. That means we won’t have any rate hikes till 2023 […]

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Nifty Trading Ideas

Reliance was the stock of the day yesterday. Nifty moved above 11,400. But today it’s looking -ve! #Nifty

The US did what it does the best, being volatile. After a 600 point rally on Wednesday, it fell 400 points yesterday and almost all those gains are erased. This is the uncertainty we will see till the Presidential elections. At one point Dow was almost down 700 points but it recovered 300 points towards […]

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Nifty Trading Ideas

Nifty may follow Dow Jones uptrend trade yesterday, Indo-China issues and SC to decide on Interest on Interest! #Nifty

After a red day yesterday, today is the day to talk about the green on the screen. Yesterday, we fell but not to an extent that was expected. That was one reason I told you not to take short positions. You might not make a lot of money on the short side. 11220 level was […]

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Nifty Trading Ideas

CPI Inflation hits high 6%, Nifty still struggling to move beyond 11,350. Monday could be the day! #Nifty

The last day of the trade for the first half of August and all we did in these 2 weeks was to negotiate the 11000-11350 range which got narrower now to 11200-11350 range and a narrowing market is an indication of the breakout or a breakdown. That takes us to the question, is the market […]

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Nifty Trading Ideas

Nifty prepping up to cross 11,300. COVID19 cases cross 22 lakhs. Macros and Earnings will be key..

Start of the fresh week and we have global cues that are largely positive and we have the liquidity that is still gushing through and things are looking brighter and better. The dollar index is also kind of offering support to emerging markets as it is moving between 92 and 94 mark and is presently […]

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Nifty Trading Ideas

Dow Jones falls by 1.3%, Asian markets open down. TCS misses estimates and more in day’s trade! #Nifty

We had an amazing expiry yesterday of 100 points and Nifty shot up over the upper range and expired just above the 10800. I was expecting a 10700-10800 range but it was between 10750-10820 range. The turnover also is as per the prediction as we cloaked 32.5 lakh crore and now all that is behind […]

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Nifty Trading Ideas

Nifty Trade Setup – 24th June 2020 #Nifty

We are close to 10500 now, the next question is what next? A 5% up move in April and a 7.5% up move in May series during the expiry week now we have roughly completed a 4% rally this week and 5% would take it to 10600 and 7.5% would take it to 10900 mark […]

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Nifty Trading Ideas

Sell on rally continues on Nifty. Cases surge and near 1.5 lakh. #Nifty

Yesterday we had a very good opportunity for Nifty to break that 9150 mark and close above that. That ways we would have been seeing an April kind of expiry rally that would have taken Nifty above 9500 mark. But yesterday, after touching 9150 mark, selling started and we went all the way to 9000, […]