- Yesterday could not write the blog as was busy with other personal things.
- Yesterday the market went up by 51 points. It went up by 80 points intraday.
- Banknifty is again above 31000.
- The reverse cup and saucer did not play. It reversed from the baseline.
- Today is the monthly expiry day.
- Nifty may trade around 11800 - 11900.
- Max pain is at 11800 for nifty and 31000 for banknifty
My Trades
- I am not having many positions. I had a bearish view after last few days fall. But last 2 days move has made me change my view.
- Now all eyes are on G20 and budget.
- Will take aggressive positions after the budget.
- I am expecting some benefits for the auto sector. So keeping a close eye on heromoto, maruti, ceat etc
- Today is expiry day. Will be executing expiry day trades accordingly.
International market
- US markets were mixed. Nasdaq closed in green but dow closed in mild red.
- Europe also closed in flat territory.
- Today morning, asia is in green. SGX indicates a flat start.
Crude and $
- Crude is now above $66.
- $ is now at 69.15
FII and DII data
- Yesterday FII bought for 106cr and DII sold for 51cr.
- Even with 80 point intraday move, this was the status of FII and DII.
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