Big Picture:
- US Iran war continues to be annoying but inconsequential
- As long as the crude oil prices are stable, the market will move on
- Quarterly earning season is around the corner
- Market will desperately want to see some turnaround in the earnings
Positional
- 24200 and 23800 are the two key zones
- Any decisive breakout either way will lead to expansion in that direction
- Bulls have an upper hand as of now.
Intraday
- Trading the boundaries (24800-24200) is the only playbook as of now
- Really hard to say whichw way the cat will jump today
- NSE’s monthly expiry tomorrow so a lot of volatility/random moves
Track realtime market vitals at: Market Pulse — Real-Time Market Analysis Dashboard | VRD Nation
