NIFTY Even if you start with scalping, you can still achieve a 20% profit. As a position trader, I need it confirm my levels (Big TF) before committing to larger lot sizes.
BANKNIFTY Seriously I said in morning today can be a decay day it has been. 😊 let’s see tomorrow. Reposted 👇🏻 BANKNIFTY Today’s going to be a decay day. Let’s see how it goes. See you at 2 PM if the expiry trade stirs up some action (VIX) Set your alerts and relax.
BANKNIFTY Today’s going to be a decay day. Let’s see how it goes. See you at 2 PM if the expiry trade stirs up some action (VIX) Set your alerts and relax.
BANKNIFTY When you pull up the 1-week chart on most stocks, you’ll see a sharp, vertical climb that kicked off around mid-June 2023.
But here’s the thing—there wasn’t anything like it from 2020 to mid-June 2023. That tells me retail investors flooded in around mid-2023, throwing cash into the market. It lines up with the surge in Demat accounts from last year report.
What’s got my attention is that even during brief bearish spells, the market couldn’t push to break its 1-week support. That’s a red flag.
If that support breaks, these new investors might start a serious sell-off. Or the flip side, we could see a wild rally, but let’s be real—given current unemployment rates and the state of bank deposits, how much more can retail investors really throw at this?
We’ll see soon enough. One day it is going to happen Just Keep an eye on those 3-day and 1-week support lines—they’re where the real story unfolds.