morning thoughts...
Well we said of the crash again and it came again leading to new lows and a move towards 200 dema with pcr declining below 1.03
Technically we stand at f/o expiry and extreme volatility with dual moves on index cannot be ruled out with addition of 27 lac shares in oi at 9800 call and 29l shares in oi at 9700 put
The markets may see a bounce from this levels and may again see some weak trades with opportunities to be stop specifoc and grap wave 3 stocks.
We have continously intimated about the sharp , steep move and trap and it has been done exactly , now is it over or just the beginning, so the vix jumps by 9% and a fall in rupee and rise in dollar index will bring volatility.
It will be the ist September in many years giving opposite returns
We are now sighting a big opportunity and move yet again which could be 6-7% on nifty and bank nifty
Commodities looks positive with a buy on bullions , base metals and energy
Well we said of the crash again and it came again leading to new lows and a move towards 200 dema with pcr declining below 1.03
Technically we stand at f/o expiry and extreme volatility with dual moves on index cannot be ruled out with addition of 27 lac shares in oi at 9800 call and 29l shares in oi at 9700 put
The markets may see a bounce from this levels and may again see some weak trades with opportunities to be stop specifoc and grap wave 3 stocks.
We have continously intimated about the sharp , steep move and trap and it has been done exactly , now is it over or just the beginning, so the vix jumps by 9% and a fall in rupee and rise in dollar index will bring volatility.
It will be the ist September in many years giving opposite returns
We are now sighting a big opportunity and move yet again which could be 6-7% on nifty and bank nifty
Commodities looks positive with a buy on bullions , base metals and energy
