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August Expiry was a conflicting Expiry in many ways for both NSE & MCX. Because,

~ Divergence – Normally, It had been seen that HANGSENG & NIFTY  are highly co-related but during August Expiry it was not the case. Nifty went on to Make Life time high one after another whereas HANGSENG was under Pressure.

~ Buyers Support was clearly missing – GOLD, SILVER, ZINC, COPPER & USDINR went on to make low after low. Gave negative Surprises to the Traders who either want to BUY or already were Buyers at higher levels. None of them took support at any levels.

~ Global & Domestic News Flow was neither superly Bearish or Bullish to justify above mentioned price actions in NSE, MCX &/or FOREX Markets, rather News Flow is to be considered as mixed on any parameters.Read More »

 

Rocket Calls performed Irrespective of all the news, Events, Announcements ( both domestic and international). And,

Don’t worry, Hold Given Position with stop-loss and exit is subject to my confirmation only.

Trust Rocket Levels, Follow the Instructions.

 

Rocket Trades SEBI RRA INH200002978

Speak with Nilesh Jain for All Queries.