Indian Retail Investors outsmarting FII's. It was a crystal clear from 18800 when 200 dema was respected that bottom was made and from there on one way rally towards 20250. Kudos to Indian DII and retail Investors. We have truly arrived !! The US 10Y bond yield making a top at 5% was a clear indication that bottom was made and Dollar index falling below 104 confirmed the bottom. Above 18880 we predicted huge shortcovering by FII which also materialised and we saw Nifty at 20267 yesterday a gain of almost 300 points from 18880.
Our research also clearly predicted this upmove towards 20200 in November and 20700 in December. We are 130 points up on Gift Nifty so willl see 20400 on Monday.
Congratulations to all retail investors who are slowly becoming the drivers of Indian Stock Market!!
https://x.com/aakankshalovely/status/1730622165379354901?s=52&t=swvTlMohEVeYxVhQdK9yXw
Читать полностью…Weekly analysis bang on !! Level of 20200 came and above ATH 20700 next target open in December
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Morning Commentary
Gift Nifty showing gap up of 80 points. As per yesterday price action, Nifty had formed a hammer pattern on daily chart at closing levels and hammer pattern mostly gives a gap up next day.
Today auto and gst data of November month will be released. Exit polls have given an edge to BJP in Rajasthan and MP so markets will cheer the results and most likely we will touch all time high today itself
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Those who have earned good profits from 19800 shd book profits
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Premium group suggestions summary - good day... we carried bullish pos in nifty , booked gains in big gap up, then went long and kept on rolling puts as per the trend.
Читать полностью…As per above analysis market is on course for 20200 nifty. Now in case of adverse election results market will max go till 19800 instead of earlier 19400 nifty . Upside Target are all valid till 19800 does not break on closing basis.
In case of neutral election results wherein BJP wins Rajasthan but loses MP market will not react much and in case of win in both states market will touch 20700 nifty in Dec
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Premium group suggestion summary- good day... first half was long , covered and went full short and booked gains and mid day went long near 43300 level and booked gains in that too
Читать полностью…View worked so perfecty. Now all shorter are trapped as we have MSCI rebalancing plus Dow up 130
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