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?
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The markets still seem to be in limbo. Almost feels like a car that's doing a burn out—the power's there, the action is there, but the car just isn't going anywhere. My view on the market overall still remains the same, but I do feel that Monday might be a decider for some important stocks like HDFC and Infosys. 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?
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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?
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The market seemed to have trapped bears today as it gap-upped nearly around yesterday's open. Nifty almost touched 17k, Banknifty nears 36k, and VIX dropped 10%. What's your view on the market?
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.
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It seemed as if the top stocks took a breather today and moved rangebound, but Nifty seems to have accepted 16,500 level and Banknifty seems to have accepted the 34,000 level so far. What's your view?
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?
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