Wednesday, January 12, 2022

morning thoughts...

As we had asked to refrain from shorts and buy dips for nifty 18200 and bank nifty 39000 , both targets are to be met by today 

Technically both are targets gets achieved and now we are into a weekly expiry which may keep the markets volatile but no signs of weakness is seen and one needs to finds pocket of strength as we had mentioned in our last post

We will book our positions on wednesday and wait to create new positions in nifty , bank nifty , stocks and options

Nifty ce zooms past 200 , doubles

Nalco 105 ce doubles , crosses 12

Dlf crosses 428 from 405

India cem 250 ce zooms past 14

Bank nifty ce turns 2.5x , crosses 500

Nifty zooms past 18200 , bank nifty 39000