Who can relate to ?? He he he
https://www.instagram.com/reel/C52g5jPK-Fh/?igsh=MW50dnVyeGwyajMxcQ==
these kinda pretty trades ... market was range bound, we kept waiting like an eagle and grabbed it just before it fell and broke day low .
Читать полностью…Election binary event. Markets never like uncertainty. Current government win already priced in with full majority and market already touched high of 22779. Now till 22700 is not achieved on closing basis, it's prudent to be in cash and sit on sidelines. Better to enter after elections. Also geopolitical situation is volatile and inflation is sticky in US which is suggesting Fed will not cut rates easily.
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How’s your life ???😂😂😂
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My transformation over these years
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As per given analysis, banknifty stayed in range and strangles and non- directional trades gave profits on expiry. We also followed strangles
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Last fort of 22080 also gone 47400 also gone. We are looking at much closer levels now. The way it is falling I won't be surprised if we go to test 200 days ema
Читать полностью…In 2019 after current government win market corrected from 12000 to 10750 levels, correction of almost 10% which happened from June to Aug 2019.
In current scenario also market expects the govt to be re-elected. Now the question is will the market rally after win ? My view is NO. Because a WIN is already in the price.
And second question is what if between today and June 4th, situation changes and global conditions go bad due to war and sticky inflation and what if number of seats that market is expecting the current govt to win comes down ?
So these are real question which investors need to assess and therefore it is prudent to book profits in cash holdings as market will give ample opportunity to invest after elections
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