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Aug
07

Market View 20230807

We are still wedged between two moving averages on the #banknifty, so we'll have to wait patiently to see which direction it will break to. Personally, I'm bearish with the large gap fill below.
1 min read
Aug
04

Market View 20230804

We're also at a key support zone on #banknifty, which coincides with the gap fill, AND coincides with the 55 moving average (EMA).
1 min read
Aug
03

Market View 20230803

Still looking bearish to me, with the gap fills below - two of them, and one above now. Yesterday'
3 min read
Aug
02

Market View 20230802

We're hovering around a key support / resistance line of 45700. It may take a while to find direction
3 min read
Aug
01

Market View 20230801

So, we missed one day of trading updates because I was traveling. Well, didn't really miss anything because
1 min read
Jul
28

Market View 20230728

So yesterday, we completed the monthly expiry for July, and we move on to the August series. I hope your
1 min read
Jul
27

Market View 20230727

So the market was pretty much flat yesterday, but it did create a bullish pattern, what we call a bullish
4 min read
Jul
26

Market View 20230726

It looks like it could be another slow grind down to the moving average, and if we go by the
2 min read
Jul
25

Market View 20230725

With the Fed Meeting looming on Wednesday, we have the BankNifty suspended, with no action. And this will continue until
1 min read
Jul
24

Market View 20230724

The BankNifty has had a spectacular run up. The question now is will it sustain as we're in
2 min read