Short Again

Well busy now a days - As such its short .

Expecting 7760 -7720 -7680 by expiry. SL 7940 NS.

Have a Great Day ! !

Cat On the Wall

Between 7835 and 7870 -- Confusions Galore .

As such Weekly closing is below 7870 and inverted Hammer today.

Short the Rallies and Short More below 7835 . All NS levels. Remember this time if we move downwards then 7614 is the target.

Have a Great Weekend ! !

History Repeat's

Nothing More to add - Reminds me of the year 2008 .

100+ then 100- then again 100+ . Volatility at the best . And VIX is down . Tomorrow the weekly trend that is negative may assert .

Short the Rallies . .

Have a Great Day ! !

Resolved

Finally NS Resisted and Fell Sharply.

The pause is over and the next round of selling  Begins . Look for support around 7714 NS . If not protected then 7614 - 7540 in contention .

Sell on Rallies .

Have a Great Day ! !

More Confirmation Needed

Already the Rally is two days old .

Tomorrow has to be a deciding day . Expecting mild negative day tomorrow .

Short with Today's high as SL . Targets come around 7780 -7760 NS .

Have a Great Day ! !

On Expected Lines

As Expected 7735 got protected and we got 7825 .

But on EOD basis NS failed to close above 7825 NS .

Sell on Rallies - Again a Retest of 7720 and even 7640 is possible.

Have a Great Day ! !

Signs of Reversal

Well 7735 Protected as of Now,

Looks like we are heading for 8065 as of Now . Let 7771 and  7825 Sustain and we would see 8065 and 8225 Gain . Remember to short again near 8225 - 8330 levels for the jack pot of life SL 8330 NS .

Have a Great Weekend

I will not be available on daily basis atleast for Decemeber - - As of now December is Extremely bearish  .. Look for shorting on rallies ... Target comes around 7200 -7400 ! !

When Ally Met Sally

Well Its like the Bull Met Bear.

Yesterday's Rise Retraced Fully --- Looks like Bears are in Full Contrlol

Stay Short Stay Bless -- Nearest target is 7720 - 7680 SL comes at 7880 NS.

Have a Great Weekend ! !

Also Wishing u All Great Diwali and a Prosperous New Year ! !

Its Different

Well after the Knee Jerk Reaction NS managed to closed above 7900 but Below 7940 NS .

May be Diwali Sentiment could prevail for a day or Two and we may even bounce till 7940 -7980 - 8040 -8080 .Though Remote.

Remain short with SL of 7940 or 8040 NS. Targets come near 7400 - 7200 .

Have a Great Day ! ! and Happy Dhan'teras Too ! !

Big Event Ahead

Well Bihar Results on Sunday ! !

Looking to the price movement till now - The week closed below 7980 - The obvious target comes around odd 7600 - 7400 -7200 levels. No expecting any big moves on Monday except a fall in VIX drastically .

As of now i am expecting a relief rally may be till 8090 NS and then the start of the Fall.

This is just my opinion lest it is short on rallies only even on Monday too .

Let Hope be my Travelling Companion ! !

Have a Great Day ! !

Atlast

Well 7940 NS Bang on target +/- 5-10 points can be forgone.

Today we closed below 7980 NS . Its a Sell on Rise only . As such targets are much lower . I covered all my positions today as 7940 is a crucial level again . Tomorrow expecting a Bounce or gap up opening .

Possibly buy the dips tomorrow with small SL for bounces .

Over all its short but just for intraday tomorrow buy the declines.

Have a Great Day ! !

Easy Trade

Today it was an easy trade with shorts at the open .

Remain short and Lower SL to Strictly 8140 NS EOD. The reason being we are at crucial support levels and if you get tomorrow 7980 - 7940 NS - Book Fully and Wait for EOD confirmation to close below 7980 NS .

Have a Great Day ! !

Getting Sold Off

Every Rise is getting sold Off.

Not that VIX is elevated and will remain so till the big even gets over . Was expecting 8120 in NS but in vain. Its implied weakness in market.

Remain Short - Target and SL as mentioned earlier .

Have a Great Day ! !

Taking Support at Critical Levels

Well NS is Taking support at the Critical Level of 7980 - 8020 NS .

Nothing has changed as such till the larger trend favours Selling.

Any Bounces may get limited to 8120 - 8140 NS .

Sell on Rises .

Have a Great Day ! !