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.
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).
Market View 20230803
Still looking bearish to me, with the gap fills below - two of them, and one above now. Yesterday'
Market View 20230802
We're hovering around a key support / resistance line of 45700. It may take a while to find direction
Market View 20230801
So, we missed one day of trading updates because I was traveling. Well, didn't really miss anything because
Market View 20230728
So yesterday, we completed the monthly expiry for July, and we move on to the August series. I hope your
Market View 20230727
So the market was pretty much flat yesterday, but it did create a bullish pattern, what we call a bullish
Market View 20230726
It looks like it could be another slow grind down to the moving average, and if we go by the
Market View 20230725
With the Fed Meeting looming on Wednesday, we have the BankNifty suspended, with no action. And this will continue until
Market View 20230724
The BankNifty has had a spectacular run up. The question now is will it sustain as we're in