Nifty, gold, debt.
Large, mid, smallcap.
Wait, VIX too?
FED meeting tonight, the market gonna be crazy volatile. Everyone positioning for it, thats why all asset classes are green. Tomorrow could be a different story lol. BTW check GOLD now.
The Fed is widely expected to hold interest rates steady. Could be a non-event. That being said, the current move could be a “Bear Market Rally", who knows… Hope we go to 23500 atleast before “gravity” takes over… All options open
yeah possible. People might get overconfident that bottom is done. Today people definitely bought in old bull mode, same old stocks going strongly up
I am hoping we go back to bull rally, volume in many stocks has dropped fast.
Stock market is now in the same condition as was in during December 2024 It feels good to take a delivery trade , but not to take any chance , tomorrow being weekly option expiry day , i am carrying a strangle option position
Nice to hear everyone’s thoughts! Retracement/rally looks shaky
Looking at 2021 correction, perhaps one or two more weekly -2 ATR bounces are due before an uptrend.
I think so far only the correction on Indices has happened , I think Nifty level 22500 holds on monthly closing basis and the quantum of money being deployed by the Mutual Funds & DII’s i think so far what happened is just a correction only , If Nifty starts closing below on monthly basis below 22500 is a start of a Down trend. But the worrying thing is that American Markets are coming down fast!!
I agree, the bounce at monthly value around 22500 is comforting
I use Keltner channels plotted at 1, 2, and 3 ATRs. Not looking forward to a recession
Of course, for me too, not expecting
Today was one of the interesting trading day , Thrust was on up side , market moved suddenly up on last trading hour while writing this , i was watching Dow-Jones , which opened sharply down and also recovered sharply. and also i was checking chart of Bank Of Baroda , which was suddenly moved on up side today on last hour trading , interesting thing is that on " Monthly" chart , Green candle has been formed , a bullish signal