[🏅@Anandmitra ][POLL][2026-05-05]Where will NIFTY close this expiry?

Trading
41

Is Kospi a buy on fibs basis ?

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42

Moneycontrol was confused today.

Key reason market is up

Key reason market is down

Key reason market is up.

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43

Yes.

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44

No confusion at all.

Jane street pumped.

Jane street dumped.

Pumped again.

Now even gift nifty is up. Jane street is active there too.

Also they have been selling crude too.

45

I thought you don’t judge anyone.

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46

He didn’t say “I won’t judge anyone”. He said “Who am I to…” it’s a question… Make of that what you will

47

That’s not judging. Or is it? :face_with_peeking_eye:

@BB789 closed above your trendline today at least? So nifty is a buy now?

48

Looks like it.

50

Still not sure ? So when will you be sure.

51

I was hoping it will test this trendline again at 24260 levels today. And it may bounce back or break down there.

Sure enough to sell OTM covered puts with strict SL at close below TL(if TL holds today). But not sure enough to go long on call buy. I don’t know how to say it but Nifty is sluggish. Honestly OTM Strangles might be a better option.

52

So again both can happen just like market can go up or down at any level.
What’s the basis for your confirmation to buy? You waited for close above trendline to buy. But now saying it’s not confirm. By the time you get confirmation what if we go to 25k?

53

I never said I’ll buy. I also didn’t say I never bought. I only said NIFTY respects this trendline and that it failed to close above this TL many times. But the TL itself is upward sloping meaning market maybe going up even if it never crosses it just that the speed of the move will be low. Yesterday was the first time it closed above it intraday. But it closed above it with a gap on 15th April itself and it tested the TL 3 times before breaking down. Again proving NIFTY respects this TL.

NIFTY 50
NIFTY 501408×2753 210 KB

Yes, but these are entry/exit points to watch for - instead of buying randomly because NIFTY is known historically to respect these points. If NIFTY is going up these levels are more likely to be lows. If you have a long view, you can plan to add some at these levels instead of higher levels.

In range bound markets, You don’t jump on the first sign. if have a long view, you wait till it tests TL again and then buy there with SL at close(or some predefined pips) below TL. You’re looking for short term profit like 24750 and not long term investing goals like 30k with this daily TL.

So be it. You can’t capture all the moves all the time. It’s ok to let go. I already told you I’m clearly bullish above ATH. Before that I might add some at my TL levels based on my level of bull/bear bias.

54

I have sooooo many questions based on your previous post. But I am not sure I would be convinced with answers. So I will leave it here. Thanks anyways.

55

I know you’re joking but I’d pay to see such whales live position data as news. Maybe some broker/custodian is selling it underground.

56

You will keep blaming all factors than believe this is just normal market.
I don’t care who is doing what. Price is supreme.

57

You both need peace agreement for atleast 52 weeks.

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58

Thanks for trying to be Pakistan here. :grimacing:

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59

Oh I agree that it is normal just not ethical or legal.

60

My exact thought lol… Mr.Bharat honorable PM of Pakistan and my beloved friend, some would even say best friend, asked me to mediate with Jason and we have agreed to temporarily end all hostilities for a period of 2 days.

61

Don’t go there. Please.