Stockstix

Those who has been asking about the STOCKSTIX Indicator, My stance remains the same as it was a year ago. The STOCKSTIX Indicator is not commercialized and is not available for public use or sale. I use it internally as a reference tool while sharing market analysis and trade ideas with our paid members.✅

30 points rejection from dot zone ✅

Looks like Nifty spot pausing here ✅ Wait for confirmation

Let me clear one thing, this price action is extremely pathetic. No one knows whether a sharp 200–300 point one-sided decline in NIFTY will come today, tomorrow, or through a gap-down opening. The only thing that matters is being prepared when the move finally arrives.

The same thing that has been happening over the last 6 days is still continuing. NIFTY IT remains strong, which is one of the reasons why NIFTY is still paused. On the other hand, BANK NIFTY continues to trade in a sideways-to-bearish structure. Price action has completely stalled. In this kind of environment, the market clears out participants before making a smooth directional move. In my view, NIFTY can witness a sharp 200–300 point decline at any time. ✅ Sector rotation going on with full throttle.. As you all know already said many times in last 2-3 months I am bearish on banking stocks and bullish on IT stocks ☘️

NIFTY IT is nearly 3% up from swing slow. Constituent stocks are nearly 3-4% up from swing low.

Chances are high that August could be a challenging month for ICICI Bank. Disc- Having position with members

NIFTY BANK and ICICI Bank are at a vulnerable point. A decisive move from here could dictate the next directional leg. If key support levels fail to hold, Bank Nifty can come under pressure as ICICI Bank is one of its heaviest-weighted constituents.

Today's market may behave differently from the Dow Jones. Since it's Friday, the market could largely discount the Dow Jones' evening session and focus more on its own price action.

Turned green

Technical Dip is here in NIFTY IT ✅

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Market has been so slow that even I haven't taken a single trade in the last 3–4 days. Sometimes, the best trade is no trade. Discipline always comes before action.

INDIAN IT 🚀🔥

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