@sagardutta0061 very true. Thats why don’t focus on one target only. It’s mentioned for partials!
They are price points where liquidity lies
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@sagardutta0061 targets are mentioned for taking partials.
Actual target for this script for the next 2 months is 1500+
@suryabhaarat have checked. There is divergence!
@sagardutta0061 this trade isn’t about the RR. Don’t focus on that too much.
You can buy now and get a 1:1 RR with the first target
• May 3 5:47 AM
This is a unique idea but won’t the returns on these MFs be affected because the core driver of rebalancing the MF is a special situation?
Which doesn’t happen very often for a company.
@singhappily I think it’s slowly rising again to then drop on election results day
@akhileshjain2064 got a decent move today though
@akhileshjain2064 yes on higher TFs it is bearish
• Apr 30 5:09 AM
Stocks in news: ICICI Securities, ICICI Bank, YES Bank, Ultratech Cement, HCL Tech -> https://economictimes.indiatimes.com/markets/stocks/news/...
My watchlist for today as well. Think bank nifty will climb well today/this week. Some of these results have been great. Suggest kee...
@singhappily okay thanks!
@singhappily right but this time the premium drop is not because of more shorts built. It’s the result of the drop in VIX, correct?
@singhappily how can this lead to a correction?
I believe the market like all of us, is expecting the obvious victory during elections which has likely been factored in ahead of the elections.
Last general elections we saw a fall of 30ish% right AFTER results were announced but at that time there was still uncertainty. This t...
Nifty traders perplexed as fear gauge index crashes 22%. Is that good or bad news? 🤔🤔
@traderhonekaghamand that is one strategy. But I would never recommend not keeping an SL!
Flat market today I think. We may not see any significant moves.
Waiting for the new month and elections outcome
@freshtradersmc just realised there’s smc in your username hahaha
Amazing, thank you for explaining.
Great call!
What was the basis?!