I hope you can now see how the NIFTY represents an excellent BEARISH BAT low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
sir. i am new to this site. your views are excellent with more details & analysis. Kindly advice this short term bearish is for what time frame? many thanks in advance.
EntryandExit
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@mgfk, Thank you for your feedback , as you might be aware of the unlock will resume from 8th June and the mkt moved up only for the lockdown was going to get over on 31st May this move was only in spot market and not in futures mkts as there is a discount of 80-90 point ,So once these discount turns to premium by this week time frame one can hold the position.Good Luck , Hope your understood the concept.
mgfk
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@pankcajpm, Many thanks. the deep discount is a symbolic interpretation of market fall? i have never seen this much discount between spot vs future price. also the put price are much costlier than call premium.
@pankcajpm, Many thanks. one small clarification. lock down easing is not a positive news to market??
EntryandExit
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@mgfk, All the international markets rallied rapidly after removing the lockdown.As people started visiting parks,beaches,restarunts etc.
mgfk
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@pankcajpm, sir. i am little confused. in this case of lockdown removal - is it bullish for nifty you mean? but the title of this trading idea says bearish bet. kindly advice.
EntryandExit
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@mgfk, unlock will resume from 8th June, so still there is time for things to get normal
mgfk
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@pankcajpm, okay sir. now i got you. it means correction will be there till 8th June. then market will go higher.? am i correct?