sreebhashyam

NIFTY: The "ZEE" Shock! Front Runners.

NSE:NIFTY   Nifty 50 Index
It should come no surprise that the revelations about certain tip givers have actually front run and then post their show they liquidate.

It is utter disregard to fiduciary relationship, when ethics are thrown, the result is pathetic. Poor retail who gets the burn out from his hard savings. The "G" shock is sooner or later.

As we write, show your finger, it flies is the kind of overnight analysts that have cropped up.

This is typical of wave 5 behaviour and hence, it is bound to come time and again irrespective of what measures one takes, the only approach is to identify it as wave - 5.

#SEBI instead of the current mandate, it is time, whoever comes and gives opinion should be mandated to buy or sell a particular quantum of absolute value, buy after a day or close of the day or sell in similar fashion. Unless one is made to hold the actual recommendation, it is of no value. This can be debated in depth.

Will the froth of front run will take its time, what is the end result is using one brush to all and looking every space that has gone up multiple of X in recent past. Perils of the markets. Let's face it.

The far-off area turned out reality, bears tightened their grip. In ability to even tough the previous day high and close near the 14 Day MA of the respective time frame all sings we move lower, towards the 20800.

Sell is a better risk reward with appropriate hedging, negates the view close above 21880.

With weekend, no real cues, (Nikki is in its own world and it is one of the cleanest graphs of recent times for the bulls).

Markets would like to discount the negative news and ignore the positive news going forward till the dust settles. When Momentum is stopped, the reverse is not the immediate response, it goes haywire.

The Stock RSI in the graph after printing oversold, did rise, but look at the recent instances, markets did try one more fall since the thrust fails to move past the min required to call as bottom. We are in for such an move.






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