Market View 20230817
We have found some support at the 44000 level, though it looks weak. Will it enter bear territory, we will
Market View 20230816
Over the weekend, everyone is talking about Michael Burry’s 1 Billion dollar short trade. If you don't
Market View 20230814
So, for last 2 weeks, I've had this "gut" feeling that the BankNifty would correct, and
Market View 20230811
We are still hovering b/w the two key moving averages, testing the bottom of the 55 moving average a
Market View 20230810
We're still stuck b/w the two moving averages, a convergence is taking place, but we can'
Market View 20230809
Well, another rating agency, Moody's downgrades trigger sell-off in the US, but all their indices made a great
Market View 20230808
We're forming a nice tight wedge on the BN, in anticipation of the RBI announcement which so happens
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'