The bulls were able to reclaim higher levels today. largely thanks to Reliance. VIX is back around 17 levels. Where do you think the market's headed? Is this the higher low we thought was coming?
The bears seemed to be in control today as well. The HDFC twins are back to "jaise the" levels as they are now around the pre-merger announcement prices. Reliance is nearing a support and Infy has neared a decider area, too. What's your view?
Bears manage to stop the three-day winning streak by bulls with intraday price action largely favouring sellers, too. I feel that the trend remains unaffected for the most part. What's your view?
The markets remained volatile intraday, but we did see a sizable reduction in VIX and an overall positive day. HDFC twins were the key drivers. Do you feel we could be all set for a rally closer to 18k?
Even though the market is still very clearly sideways, it appears as if the bulls are charging up. Of course, there's always a chance that this view fails spectacularly overnight, but I feel there's a chance we might be looking at more of a bullish bias than last week. What's your view?
Bank Nifty Under Pressure, Nifty Stays Afloat. I feel the trend is similar to what we discussed in the previous videos, so hard to comment on that. Interestingly, today the indices defied global cues and faced choppiness despite VIX falling below 24.
Indices failed to hold higher levels & ended in red. I feel this is not a very big cause for concern as long as the week's lows are held. In fact, if they are held then we could be seeing early signs of a reversal in the short term trend. What's your view?
Reliance and IT stocks helped lift Nifty higher, undoing yesterday's attack on the bulls. I feel this could be an important formation from a sentiment POV and as the price action being formed seems quite interesting. What's your view?
The market saw rejection from higher levels today, but banks managed to perform a little better. The short-term structure seems reasonable, but the volatility still continues. Today was a tricky day for intraday bulls, especially if we do not consider the final hour or so.
Indices opened strong, but faced headwinds at higher levels. What could be going on? I feel this is normal and that the indices need some time to stabilize. What's your view?
Nifty saw a recovery, but failed to hold above 17,300. Market-wide sentiment appeared a little weak. What's your view?
Budget over rally over? We saw Nifty closing almost exactly at the budget day's closing price, possibly owing to a resumption of FII selling. Where do you think we could be headed? Do you foresee a deeper correction? IT especially looking a little weak.
BFSI stole the show today, but mid-day price action was very sluggish. What's your view on the markets?
The market ended on a rather indecisive note after gapping up. How are you going into the Budget day? What's your view?
Nifty, Banknifty and top stocks analysis for tomorrow + levels ahead of the budget. What's your view? Banks underperformed and IT did a little well.
Banks stole the show today, while the rest of the market disappointed. IT continues to fall, but that might make for a good RR trade. What's your view?
We saw a stellar intraday recovery in the market today, with the key performers being SBIN and Axis Bank. Kotak Bank recovered 5% from highs. Yet another day for the banking sector. What's your view on the market?
Nifty retested 17k, kicking off the pre-budget week with a bang. India VIX gains massively to 22.83. Banks, while relatively better, still slipped. What's your view on the market?