Oh, honey, it’s about to be a storm like no other. The Indian market’s stuck in the middle of Trump’s economic chaos and sanctions on de-dollarization—BRICS is in the mix, and India’s just fanning the flames. Retail investors are out here pumping up stocks with terrible results and ridiculous valuations, and trust me, it’s just a countdown until it all goes down in flames.
And don’t get it twisted—SEBI and the government aren’t doing anyone any favors. They’re practically handing retail investors the exit with all these taxes and rules. So, grab your 🍿 , because it’s gonna get real ugly, real quick.
Nifty’s already swimming in bear waters. Last week flirted with a bullish wave, but—spoiler alert—no dice. Support’s now lined up at 24K, then 23.9K, with a final pit stop at 23.8K. Keep an eye on those 3W and monthly closes—they’re about to spill all the tea.
And Reliance? If it slips below 1240, brace for a free fall on Nifty down till 1M support. But honestly? Not happening. Ambani’s got zero family feud drama, a rock-solid future plan, and he will start back-channel with institutions just over valuations and results.
Price discovery? Oh, it’s about to be a rollercoaster with this monthly expiry. Support’s chilling at 51.4K, 51.2K, and 50.8K, but here’s the kicker: puts are making a play to outshine calls. They still need a little 100-200 point nudge to steal the show from the options expiring on the 27th. If that happens, call options might just flatten out and cue the bulls. This market’s about to be a mix of thrills and chills. And if it gets too chaotic? Well, I’ll just slide over to stocks or Nifty Options.
INDIAVIX just busted through 1D resistance, and it’s looking downright nasty. If it breaks 23 next, we’re talking 38, maybe even a dramatic leap to 60. Translation? Get ready, honey—a market crash or recession could be on the menu.
Alright, here’s the deal: if this market doesn’t close up 1.5-2% bullish this week, shit’s gonna hit the fan. Just short it and get ready for a bearish cycle—time to start buying gold.
Keep an eye on those weekly charts this week—things are about to get interesting!
NIFTY Alright, so this Nov Monthly ITM NIFTY241128C23600 call is barely giving bullish vibes—looks more like it’s leaning bearish, honestly. Are the bears about to take over? Well, let’s see how the week wraps up.