P R Sundar

@drjk77 Travelling for last 45 days, will start from today

@PRSundar64 why have you stopped post mkt report

Today's confidence motion is not against Vijay, it is against EPS.

Nifty is just 100 points away from filling the gap made on April 8.

What a fall! Remember I said, if Nifty closes below 24000, there is no reason to be bullish. 23700 broke, then 23600 broke, then 23500 broke, then 23400 broke, then 23350 also broke. All in just one day.

@KrishnaTheRama Even on April 8 when ceasefire news came, Nifty moved only 1000 points, so probability of Nifty going beyond 25K is less. 24800 is 50% Fibonacci retracement.

@PRSundar64 Are you saying Nifty upside cap is limited to 25000 by June end? I think one us trade deal news is enough for taking that out

Is this a good strategy in the current environment? One can buy hedges in weekly as buying hedges in June will be very expenive. Disclaimer: Not a trading recommendation.

IT index is at 3 year low. TCS and Infosys are down 40% to 50% from their All Time High. Anybody discount buyers?

Top 5 losers in Nifty 50 are IT Stocks. What is happening?

One statement from PM, markets are crashing. Nifty hovering around 23600, lowest level since April 8 (US Iran ceasefire news) April 8 gap may be filled, Nifty will have to touch 23260 to fill that gap.

@Nitesh9999 SGX NIFTY traded widely compared to GIFT NIFT. For example, I trade through IBKR which offered SGX NIFTY but they are not offering GIFT NIFTY. IBKR in international market is comparable to Zerodha in India.

@PRSundar64 Sir. When it was SGX nifty. It was same way?

Either Indian retailers should have access to GIFT NIFTY or it should be banned. With low liquidity, GIFT NIFTY falls, then as soon as market opens here, people short by looking at GIFT NIFTY and it becomes a vicious circle. Same happens on the higher side also.

There will be no pre or post market today as I am flying from Canada to India. But market has clearly broken down. I said if Nifty closes below 24000, then there is no reason to be bullish. Markets were indecissive but PM's has changed it to favour Bears.

Big Breaking... Analysis of today's statment... Stay tuned... By the way... What u say on it?? #Economía #EconomicData @Brammam14 @CNBC_Awaaz @ZeeBusiness @sunilgurjar01

Now, Velumani group has 30 MLAs and EPS group has 17. Possibility 1: Two more MLAs move from EPS group to Velumani group, then Velumani group will not lose their MLA seats. TVK will have comfortable majority for next 5 years. Velumani group will claim that they are the original ADMK but winning that will be difficult as EPS aligns with BJP. Possibility 2: Velumani group vote for TVK against the Whip and lose their MLA seats. Then all of them will contest re election in TVK symbol. Then there will be byelection for 31 seats (including Thiruchi East). Then that byelction will be an acid test for TVK policies during the first 6 months. Possibility 3: EPS steps down. Third Option is the best option but by knowing Indian politics, that is not going to happen. Next 6 months, TN politics will be better than a suspense thriller movie.

In 3 years, India has become "Most Hated Market" from "Most Loved Market" for FIIs. Thanks to Tax policies of Stock Market.

TVK விற்கு வாக்களித்தவர் அனைவரும் தற்குறிகள் என்றால், மாநிலத்தின் மூன்றில் ஒரு பங்கு மக்களை தற்குறிகளாக வைத்திருந்ததுதான் கடந்த 60 ஆண்டு கால திராவிட கட்சிகளின் வெற்றியா?

Time for Govt to initiate serious talks with FIIs. FIIs selling and taking away the money also drains our foreign exchange.