Trade setup for 6th April

 Looks like the hdfc merger move was a trap. Touching 18k was a trap for all bulls. Yesterday, markets went close to 18100, and then there was a sudden sharp fall in the markets and the entire gain was given out. Markets were very volatile yesterday. Many times markets swing from negative and positive.

On the HDFC merge day, hdfc twins shot up close to 10%, and yesterday they have given back around 3%. It will be interesting to see if they will give up the entire gain this month or not.

As I told, FII buy figures in the last week of the financial year may not be the right numbers to watch for. 

CCI have put some cases in Zomato and Swiggy. These new-age companies were already under pressure and now with these news, they will fall further.

I had invested some small amount in Paytm and now after rally for few days, I am sittign with a 10% loss still. Its a small amount and a long term bet. 

US and its allies are now planning to put new sanctions on the US. The US markets fell with the fears that the FED will take strict action as inflation pressure is increasing.

Apple is planing to buy the media right of the IPL from 2023 to 2027

Covid is back in China. In Shanghai, there are strict lockdown. Not sure if there is a new varient. What happens in China, stays in China.

Elon musk will be a part of the Twitter board soon. Will we get an Edit button which he was suggesting in the tweet?


  1. Luckily, I did not do much adjustment to the trades which I had taken even when I was in a danger spot. It was pure conviction that the markets would return to the mean. I did add some adjustment trades and now that is in danger.
  2. Now 18k is a very stong resistnace. Till it crosses that, it is a strong sell on rally. I will be using every opportunity to sell on rally
  3. I am executing the below trades for today in the monthly series
    1. +1 X 18000ce
    2. -3 X 18300ce
    3. -3 X 18500ce
  4. My new intraday algo is working fantastically. It gave 10k the day before yesterday and 7k yesterday on capital of 10lak. I will be gradually scaling the capital on this and in a month I may move all to algo trades.

  1. US markets closed in the red due to a strict fed policy. Dow fell 300 points and nasdaq fell close to 2%
  2. Europe also closed in the red.
  3. Today the Asian markets are in the red. SGX is suggessting a 150 point gap down
  1. Crude is again rising. It is close to $106 now. In India, fuel prices are hiked by 10Rs in last few days. I am surprised how there is no protest.
  2. $ is at Rs 75.5
  1. FII bought for 350cr and DII bought for 100cr
  2. Then who the hell sold in th second half??