Btc is entering a narrow range of pattern in a weekend, breakout/down from here is worth trading.
Bitcoin is looking good for some short opportunity as per me.
S&P overall sentiment is turning, for today I would love to be in short position
Its good move in our favor, time to book partial position from long of 9060, TSL to 9095 and final tgt is still 9160
I'm seeing possibility of bounce in Bitcoin, wouldn't mind going long with SL of 9030
I'm expecting a short bounce in S&P from here, maybe 30-40 points
As discussed yesterday, expiry seems to be sideways and giving opportunity on both sides, these kind of days are not good for option buyers but sellers enjoy them. However, if you are a good trader you can always scalp for few points on both sides. Nifty is still getting dragged by BNF, it would be interesting to see what happens on Friday, I'm expecting again...
Nifty today gave gap up opening, which was a bit of a surprise for us shorters but it has now washed away all the gains of the today, it is even filling the opening gap, this is indicative of the bearish momentum in the market picking up. It might be little early to speculate, but I'm starting to see the possibility of this being last bull leg in positional as...
As discussed in my last post, Nifty has fallen from Friday POC, today it will be in a downtrend (as well for rest of the week). There doesn't seem to be any legible support till 10540 area, so keep selling bounces till then. Bank Nifty is still dragging the nifty down.
Opening gap filled, there is now case of Friday sessions poc getting tested, there is possibility if it is brown that we have sudden sharp fall. Monday has been very uneventful in that aspect, it has been bad day for bulls and I feel it might be bad rest of the weak as well BankNifty has been dragging down upside momentum and I fear it will turn it to bearish soon.
Today's whole day Banknify was dragging Nifty, now Nifty is failing to cross above it open, it is a sign that it is heading in a weakened state If nothing substantially changed on Monday we could see a drop from here to 10k levels.