Big Picture:
- The globe is mostly quiet
- Quarterly earning season is around the corner
- Until then, we sit in the soup of hope and despair
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
- Today is monthly expiry of Nifty, Bank Nifty, stocks etc.
- Monthly expiry days are rarely trending but often volatile
- 24,000 is the prized crown - let’s see who claims it (bulls or bears)
- There’s no trend until the positional levels are breached decisively
Track realtime market vitals at: Market Pulse — Real-Time Market Analysis Dashboard | VRD Nation
