Mathavan Ulaganathan
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NISM Certified Research Analyst β β¦οΈNever Consider Trade Updates as Investment Advice, Just For Educational Purposes! Further Info -- @mathavan_ulaganathan
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4 216
Many Are Talking about 19k, 18k levels for Nifty...
But the Thing is 18k levels are Like 10k Levels..
99% Nifty Won't Revisit there!
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22700 & 21800 are crucial Support Zones!Will Add More Assets at these Levels...π€ -- If you have a Timeframe of 8-12 Months, then Add Undervalued stocks... -- You will be sitting with decent profits!
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300 Points Gap Down...
Already Few Sold Call options... That Should Erode and Reduce the damage of portfolio! ππ
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As i Already Said, Up move was losing the Strength!π§-- The market is always Cyclical... So, Don't Worry! -- By Year End we will be near New Highs.. Concentrate more on Large Cap Assetsπ€
4 216
Nifty at Crucial Zone 23800! Do you think...we sustain this level?
4 216
Created Directional Sell Setup...Index losing the Strength Gradually! Also, Have Enough Capital to Adjust the positions! (Not a Recommendation)
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#nifty Trendline Breakout, Rsi momentum buildingβ If nifty sustains above 23200 Zone today.. we may Head another 200-300 Points. β I will be Writing OTM ce options, if Nifty Give 200-300 Points Move Further & 24K zone, is complete reversal for nifty Index! β Wave Count Suggest One More Dip possible For Index. π§ Let's see... How it worksπ€
(Not a Recommendation)
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#nifty Trendline Breakout, Rsi momentum building, 24k Zone is Complete Reversal for Market.. If nifty sustains above 23200 Zone today.. we may Head another 200-300 Points -- reaching Crucial Supply zone of 22600... if it come to that Zone i will br Writing OTM ce options.. And 24K zone, is complete reversal for nifty Index!
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π You may not have noticed yet, but there is a growing trend of North Indians relocating to South India in search of better job opportunities.
β Why would they do that?
https://www.instagram.com/reel/DHbAPZ7zGBK/?igsh=cm83N3JkNmMyN2F3
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If you have 8-10 Months Timeframe for Investing... Then the best could be our Large Cap Index...π§
-- This Sensex/gold Chart Cleary shows Some Buying happening in Equity rather than Gold..
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