Merry Christmas 🎅🏿 🎄

End of Month, End of Quarter, End of Calendar Year…

Therefore, we feel that New Trend / Correction is Just around the Corner.

(The word “Trend” here does not mean DOWN Trend or Bearish Sentiments).

In last 41 working Days, NIFTY50 has moved from 18800 Levels to 21500+ Levels.

And, to handle this kind of Price Action we need a support of Capital & Risk or Patience.

👇

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There are Two Kind of Analysts,

• Those who don’t know – With plan of action

• And, those who don’t know they don’t know – with NO plan of action

We strive to be in camp one. Because, through our rich experience about Market, we understood that Trading (even investing) is game of “known unknowns” and “unknown unknowns”.

Example: ADANI Group, SVB & CS, Israel Hamas War / Conflict

AND, there is no Indicator or groups of Indicator of any stream which can give you Full Proof Strategy or Analysis. In other words, 💯% Trading Success is very difficult, if not impossible.

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Target of “21400” was clear to us well in advance…

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AND, we advised that as well… for Target of “21400”

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Sign of Stability – What we say we do, what we don’t say that we don’t do at all… 🙂🙏🏽

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Note:

• Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana – Assembly Election Results came on Sunday, 3rd November 2023…

• We advised Entry before Results and took exit immediately after Results, that is on Monday 4th November 2024 at Closing Bell levels… 20800 & 46600 respectively levels.

• The NIFTY50 Target of 21400 became clear to us when we had to book losses in PIDILITIND but not in ICICIBANK…

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Presence of Bulls – ICICIBANK just touched our Stoploss and gave “STRONG” bounce.🙂🙏🏽

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Enough of Past:

– Now, Let’s Talk about Open Positions & View about Market in coming weeks…

• As of now, we are 100% in Cash – Zero Positions in Stock Futures’ Segment.

• Just having 1st average of NIFTY & BANKNIFTY December Futures Short Selling Positions.

• Rolling over to January Expiry on Wednesday 27th December 2023 at Closing Bell levels.

• And, Now, Watching for NIFTY50 to Either hit 20000 or 22200 plus levels. Till then waiting patiently. Because, 👇

– No Hurry, No Worry, No Half-Cooked Curry.