“16 January 2018” – A Market Day which Should not be forgotten by Traders & so the Analysts, Ever.

Greetings !

QUESTION – Why So much Importance should be given to 16 January 2018 ?

ANSWER – Because of Price Volatility seen both in Domestic & International Markets.

Price Volatility is indication of lively Market and that has be bore, irrespective of everything or everyone; And if you wish to run away from Price Volatility that means you should not be in Stock Market, whether A Trader likes it or not.

All in all, fluctuation makes either Profit or loss for you. Try to Use it for your benefits.

 

International Price Volatility seen as on 16 January in “DOW JONES”:

After long weekend, (Monday was holiday) when DOW opens for Trading on Tuesday it was plus near about 280pts at opening, during course of the day, reversed all the gains, even saw 100pts negative from last closing but finally recovered all losses to close minus 10pts.

Which Means near about 480pts Intraday Swing in 26000 Index.; near about 2% Intraday Price Volatility and that to be in world’s most stable Index.

Mind You, on top of that, DOWJones had seen fastest 1000pts Rise from 25000 to 26000

Now imagine NIFTY trading in 2% range (that’s 200pts plus); HOW, people will react to that ?

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INDUSINDBK & BALRAMCHIN FUTURES EXECUTED

BUY Trade Set-Up because according to us NIFTY is bullish and in buying mode.

INDUSINDBK BUY AT CMP 1680 JANUNARY FUTURES

~ Stop-Loss 1660 CASH Closing Basis

~ TGT 1820+

~ Lot Size: 300

~ ZERODHA Span Margin: INR 63000 (reference purpose only, it is not a promotion)

Hold til either Nifty comes in SHORT SELL mode or INDUSINDBK closes below 1660 CASH

 

BALRAMCHIN BUY AT CMP 136 JANUARY FUTURES

~ Stop-Loss 130 CASH Closing Basis

~ TGT 155+

~ Lot Size: 3500

~ ZERODHA Span Margin: INR 59000 (reference purpose only, it is not a promotion)

Hold til either Nifty comes in SHORT SELL mode or BALRAMCHIN closes below 130 CASH

 

EITHER WAYS (STOP-LOSS &/or TARGET) EXIT IS SUBJECT TO MY CONFIRMATION.

SYNDIBANK & DISHTV FUTURES EXECUTED

BUY Trade Set-Up because according to us NIFTY is bullish and in buying mode.

SYNDIBANK BUY AT CMP 77.70 JANUNARY FUTURES

~ Stop-Loss 75 CASH Closing Basis

~ TGT 85+

~ Lot Size: 9000

~ ZERODHA Span Margin: INR 88000 (reference purpose only, it is not a promotion)

Hold til either Nifty comes in SHORT SELL mode or SYNDIBANK closes below 75 CASH

 

DISHTV BUY AT CMP 84 JANUARY FUTURES

~ Stop-Loss 80 CASH Closing Basis

~ TGT 90+

~ Lot Size: 7000

~ ZERODHA Span Margin: INR 75000 (reference purpose only, it is not a promotion)

Hold til either Nifty comes in SHORT SELL mode or DISHTV closes below 80 CASH

 

EITHER WAYS (STOP-LOSS & TARGET) EXIT IS SUBJECT TO MY CONFIRMATION