SK
3.7K posts


@Curious_Com_ Iran is having all the cards.. they r dictating terms even though on receiving end of aggression
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@miteshrs @ETMarkets Forget about replacing etc that story is old our tai madam is increasing STT and LtCG even other budget… 😭
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@ETMarkets STT was supposed to be in the place of Capital Gain tax..... eventually both started being charged and effective 1st April, increased STT too
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Losing $1 billion a day: #GurmeetChadha urges PMO, Finance Ministry to revisit capital gains tax, STT
economictimes.indiatimes.com/markets/stocks…
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@DanielBolivia94 @Manjunaath @Deadlykalesh People r ofcourse but what is stopping gov to enforce automatic door closure before train moves!!😤😭
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@Manjunaath @Deadlykalesh Nope, people are the problem
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@FibTraderR Bro we can find many reasons for bounce!!
Some say rupee appreciation
Some say market know some kind of deal in weekend
Some say technical indicators
Some say Sensex expiry triggered short covering !!
As long as we can’t predict these and make money all are useless
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🚨 Why did Nifty bounce strongly from the low?
The answer lies in the M Pattern (Double Top) on Monthly chart. 📊
In an uptrend, the neckline of a double top often acts as a strong support, and that is exactly what we saw in Nifty.
📈 Nifty took support near the neckline, and because of this strong technical level, the market showed a sharp bounce.
⚠️ Important Point:
Such major supports usually do not break easily. Most of the time they only break when there is strong negative news or a major fundamental trigger.
📊 Key Points about the Double Top (M Pattern)
✅ It forms after a strong uptrend
The pattern usually appears when the market has already rallied significantly.
✅ Two peaks at similar levels
The price forms two highs creating an “M” shape on the chart.
✅ Neckline becomes a key support
The low between the two peaks forms the neckline, which acts as a very important level.
✅ Breakdown confirmation
The pattern becomes bearish only when the neckline breaks with strong momentum.
✅ Support before breakdown
Until the neckline breaks, the market can take support and bounce multiple times.
📌 In the current scenario:
Nifty respected the neckline support, which explains the strong bounce from the lows.
❤️ Like | 🔁 Repost | 💬 Comment your view #Nifty #FibTraderR

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This has to be a rare formation, though not a standard one. Third consecutive week of:
— Long Legged Doji's
— Third being a High Wave, same family
— Much range intersection in-between candles
— Close of all candles much above Lows [of course, dojis]
— Previous two weeks were high on volume as well, this week has low volume [NF]. Not in the chart.
Implies: Trying to press the brakes

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@ViveKSingh_DC So what does data telling now ? Let’s see if understanding helps for Monday
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@stockguruindian @nsitharaman I don’t understand how they protect retailers but putting stock going up into ESM GSM or some shit category… so painful this is !!
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When ESM GSM will lift 😂 basically entire BSE listed companies r under ESM GSM that is stock price rise is doubtful/manipulation. Until n unless lifting ESM-GSM by best FM @nsitharaman, keep away from Indian market.
P R Sundar@PRSundar64
Today, FIIs are net sellers for Rs 8000 plus Crores. If they are selling in this kind of markets, when are they going to buy?
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Can we see Nifty Touching 29000 by December?
#strategicalpha
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Today we saw a strong gap down open but no follow through after opening 5 minutes.
Key is to track open interest changes here. See how 71700 CE and PE have balanced OI 3 hours into market open.
This shows there is no strong intraday movement. Overall trend is still weak but on intraday basis, breakdowns may sustain until we see more strength from CE writers.

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@Rajiv1841 Its mistake of franchise who thinks they are worth tha much!! Cameron green until now not one match winning knock!! Not sure how he got such big $
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Cameron Green is an Australian that is why he is getting 25 crores despite being so overrated & not even giving bowling!!
In reality, he doesn't deserve an extra penny over 10 crores. Only in IPL, these overrated english & aussies gets more money for 2 months than what they get by CA & ECB for entire year🤡

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@BamnHimanshu @Financial_Farme No body can say exactly when to add.. every 2-3 % dip in nifty am adding good quantity !!
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@Financial_Farme Mujhey nifty bees buy krne h .
Kha se add krna suru kru !!!
Indonesia

@JakeraChoudhury Tai madam says Markets recovered due to shock absorbing capacity of retailers today… 😭
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@investor_vineet @JoyfulGiri I understand my question is what premium option strikes you chose to sell..
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@TradeDtrend1 @JoyfulGiri 15-20 is too high....
I aim for 0.06% to 0.12% per expiry
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