Tag: Bearish, Short Sell, Buy, Future, Target, Stop Loss, Upside, Downside, Bullish, NSE, Cash, Trading, NIFTY, Bank NIFTY

2021 Challenges & Surprises: Prepared ‼️

Rocket Trades

Greetings,

 

Challenges are Scheduled News & Events; and, Surprises are Unscheduled News / Events.

NIFTY50 Paradigm Shifted: What actually Happened in 2020 is just a indication of 2024. We had seen near about 11500pts price action during 2020, if one counts from Point to Point.

Initially NIFTY50 made High at 12430 in January only to make low of 7511 during March Expiry. AND, recovered back to new all time high at 14025 levels by December 2020.

Calendar 2020 was a leap Year. And, in that 3 Months (March & November, December) were too volatile and unprecedented. May be this was just a trailer, we could see full movie in 2024…

Because 2024 will be a Leap Year and secondly, both USA and India will have their General Elections to elect (select) President & Prime Minister, respectively.Read More »

Is Stock Market..Entertainment or Economics ⁉️

Rocket Trades

Greetings ‼️

Stock Market reality of present days…

TESLA – p/e ratio stands at 1,208.57 (Closed at $609.99 on Friday 11 December 2020)

DOORDASH – Unprofitable Company getting $55.59B Market Capitalization

AIRBNB – Unprofitable Company getting $82.98B Market Capitalization

However, nothing wrong in this as there is no universal theory across the Business Models through which one can understand the worth of a stock.

This is nothing less than an Entertainment “OR” systemic unfairness towards You. Agreed…Read More »

We are back on Road to Recovery…

Rocket Trades

We started December 2016 expiry with extra caution after November hiccups and GOOD NEWS is that we are on track and BAD NEWS is that progress is little slow but rest assured it is only for the time being.

During December month, we have had taken 5 trading decisions for INDICES segment,

~ Doing of Rollover of BUY Positions in DEC at 8060 levels on 23rd November.

~ On November Expiry Day we created Hedge by Short Selling in JAN contract at 8040 levels

~ We broke hedge by exiting from DEC Long Positions at 8265 on 30th November. And given BANKNIFTY 50% Short Sell at 18720 levels with 8300 Spot Index closing Basis for all open positions.Read More »