Friday, January 5, 2024

morning thoughts...

A high volatile day ahead with buy on dips and sell on rise day with two side moves for intraday traders, where shorts may get trapped in last hour of trade with a spike upwards after 2.30 pm
Overall a high volatile day with muted trades is likely to be seen as we move forward towards a turbulent period ahead with stock specific moves 
Donot expect oneside moves like the previous year and donot try to catch all the fishes 
Use the bad days to add the stocks mentioned for good returns ahead
Good pattern for day and swing traders in index , futures and options as volatility is traders best friend
Commodities to seek new highs and levels in coming days of the year in bullions and base metals with stubborness in energy