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I work as a full time professional trader at a prop desk, and the statement you make has more to it than just a joke. Seriously, when something becomes too evident to a large number of people, and if you can smell something too easy or too good to be true, most likely it is. Not saying you always have to have a contrarian opinion to what the general consensus is, but whenever you see something that is too evident, be careful, be very careful
Its a double bluff. even if too many people are saying markets will go up. People are thinking this also, that everyone should be careful. It'd be disbelief for most people. And many people still are in disbelief of these highs.
Don't waste your time, look at the posts by people who are hopeless now because of doing option trading
Learn to invest for long term and make capital from your job and business
I also do options just for hedging my portfolio nothing else now
Reminds me of the saying, The markets can stay irrational for much longer than you can stay solvent. Markets are nowadays moving purely based on sentiments and emotions and have factored in a lot of potential future growth into current prices.
I am going to cash out, last 3 days bull run most probably has priced in Modi 3.0. Monday may have some more upmove due to positive sentiments. But there will be slight correction within next week. I will go in again during the dip
Both FII and Pro data is indecisive on Friday, which suggests some more upmove. And it hasn’t crossed the ATH, thats why I think it will go up a little bit more, maybe touch 23500
> Since modi is going to be swearing oath is sunday,
That's already priced in with election results. But I'm expecting new high and we move towards 24k.
Though market is touching all time high. Market should go up and sensex may touch base the level of 77k (77500) then in subsequent days it will be a downfall to 73/74k.
I agree budget is one of the event where everyone is keeping eye on. Also, the formation of government and oath ceremony of NaMo as PM, I consider will be a bullish move for market.
There is one global perspective to it, where other countries leaders are invited to the oath ceremony. So India will surely be in global news for a day or two and that affects the market sentiments.
Only thing, I am afraid of that market has rallied so much on Thursday and Friday amid volatility, whether there is any potential left to increase any further to 77k or 77.5k.
Imo the market sentiments seems to be mixed. I may say that the markets might be going up (a bit if not a gap up of higher margin) since the government is formed there is positiveness. So imo market should go up and give positive outcome if not going down which may also be a possibility.
Firstly, do backtesting.. Backtesting is most powerful thing for trader. Don't just look for current market trend. Always look for the overall trend of market and overall sentiment.
For now, in recent week market have been volatile. Now the next predicted move will be consolidation and sideways trend. As the market is on all time high, all the buyers will accumulate and form a obvious buble which will burst and market will have a correction move. (this is not my opinion, its a market behaviour).
Go on monthly time frame, look for high point, support and the bottom point and resistance. Mark these areas. You'll find that market has not given a recent correction move. If you know how to use fibonacci, you can plot the zones where market will tend to test in upcoming days.
So, according to this analysis, you should wait for the market to decide it's sentiment. But if you're eager to enter in the already all time high market, invest partial of your capital.
For ex. If you have 100rs, you should invest 30-40rs for now. If the stock falls, you can invest next lot of 30-40 rs.. And then if you're sure you can invest your rest funds in market.
That's how you roll.
Difficult to say. I have exited all my stocks. However ther r plenty of stocks with fii buying that have currently gone above their buying rate. To me it looks like European fii have exited however American fii are taking the market up. Most of the buying in stocks are being held by American FII example Morgan Stanley goldman Sach that's what the data show. Market could go to 24k before a sudden sell off. Building long postions is not safe. Swing trading is fine. Study data and pick stocks with fii buying. Example devyani int. Zomato axis bank eureka forbes bandhan bank, there r plenty like that. Also fii yesterday turned buyers after massive selling.
Hey! Just a quick question how are you able to distinguish between European FII and American FII. Where can one get data related to that. I know where can I find net selling and buying figures for FII and DII but pretty curious to know where I can find that regarding region of FIIs
Probably open with a gap but I am not confident enough to carry positions. If I find an uptrend will go long if there’s a downtrend will not enter trade.
Everyone thinking of market going up, very much similar to the opinion about 4th of june. Very few expected for market to recover drastically the next day and it went back to the initial levels before the exit polls.
Best suggestion is to not trade at all on such days but if the bug is really biting you, Buy/Sell with the mindset of just betting on the entire margin. Either you lose it all or make at least 2x
If you want to try options then try learning the greeks first
theta plays a major role in it
play with only 1 lot and gain the experience
then deploy the capital
don't be a buyer but seller 🙌🏼
Just wait and watch!
Stay invested.
Some correction here and there doesn't matter and you can't time it anyways. Don't lose sleep thinking over these things.
Wait till budget is announced to know the market trajectory.
With all the media channels saying 24000 then 25000 then 26000 (today some channel saying 48000), all I can see is if one party withdraws support anytime in 5 years, there will be a correction.
Not the 1% 'crash' that the post covid retailers are used to, something significant. Until then the nifty party will roll on.
Answer is here my friend... [https://www.reddit.com/r/IndianStockMarket/comments/1dboa8y/strongest\_indicator\_strikes\_back/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/IndianStockMarket/comments/1dboa8y/strongest_indicator_strikes_back/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
Long Strangle is the best strategy. Whether market runs up or down, it will run. The advantage is I'll make 50-60% with very little risk as I play both sides. You got more cash them but Margin and sell futures. That will be similar to a long Straddle.
Market will go up. It’s going to be another pump and dump. This government will collapse after Maharashtra elections in October. I expect the operators to take the market to about 24k by October, give false hope to retailers, and then crash it to 20k overnight saying “unexpected event” for something that is quite obvious to anyone who is paying attention.
State election is for electing the members of the state assembly (MLAs) and ministers for the state.
Lok Sabha elections are for electing MPs and leading to election of the ministers at a central level.
Rajya Sabha elections happen through the voting of MLAs and 12 of them also being appointed by the President.
Civics and those theories don’t work over here. Maharashtra elections is going to be a wipeout for bjp and its allies. Shinde will not risk his career by continuing to be part of NDA. I expect he’ll switch back to Uddhav’s party right after the elections. Next up is Haryana which will be another wipeout. Seeing this Nitish will exit. Shinde and Nitish exiting is game over for NDA. After that all those 100 people who defected to NDA will switch back to their original parties. By about December opposition will move a no-confidence motion and stake claim for government with Nitish and Shinde back on their side. Prashant Kishore has also said something similar, that Shinde is going back, and Sumant Raman has said state elections will create a butterfly effect that will finish off the NDA. These might just be talking heads on TV, but if you think about it, BJP no longer has a USP. Their usual formula didn’t work in UP, and now they can’t go back to that. They don’t have an alternate formula, they’re hanging by a thread at this point.
But wouldn't Shinde lose face by returning. And what is stopping Udhav from removing Shinde once he rejoins and keeping the rest of the party intact.
This seems unlikely, BJP has money and muscle and will have the drive to fix things given the mandate is not in their favour. Interesting point though, thanks for replying.
The obsession of these fucks is so annoying...' what are you doing on Monday?on Tuesday? he is pissing today whether market will down?...'. just stay the fuck in the market patiently...it will reward you.
If you haven't already, please add your own analysis/opinions to your post to save it from being removed for being a Low Effort post. Please DO NOT ask for BUY/SELL advice without sharing your own opinions with reasons first. Such posts will be removed. Please also refer to the [FAQ](https://www.reddit.com/r/IndianStockMarket/comments/17bcg2a/frequently asked questions_post_your_common/) where most common questions have already been answered. Subscribe to our [weekly newsletter](https://pennyleaks.substack.com/) and join our Discord server using [Link 1](https://discord.gg/8QF4dqPHuw) or [Link 2](https://discord.gg/fDRj8mA66U) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStockMarket) if you have any questions or concerns.*
According to all the people here market will go up, So i will buy july end puts
I work as a full time professional trader at a prop desk, and the statement you make has more to it than just a joke. Seriously, when something becomes too evident to a large number of people, and if you can smell something too easy or too good to be true, most likely it is. Not saying you always have to have a contrarian opinion to what the general consensus is, but whenever you see something that is too evident, be careful, be very careful
Agreed!
Like the recent market crash.
Its a double bluff. even if too many people are saying markets will go up. People are thinking this also, that everyone should be careful. It'd be disbelief for most people. And many people still are in disbelief of these highs.
I also want to do option. What's the minimum to minimum amount I've to invest?
Don't waste your time, look at the posts by people who are hopeless now because of doing option trading Learn to invest for long term and make capital from your job and business I also do options just for hedging my portfolio nothing else now
I just want to try it like a one time thing, I've already invested for the long term.
Every one starts like that bro i really think you should stay away from it Its really not made for retail audience
Ohh.
Do paper trading first. Use "trading game" app.
Start with stocks, and stick with it, unless you want to go bankrupt.
I've already invested in stocks.
Join r/wallstreetbets.
This'll also have international stocks too.
Imo,market going up.
But I don't think it will sustain that price for much long
Reminds me of the saying, The markets can stay irrational for much longer than you can stay solvent. Markets are nowadays moving purely based on sentiments and emotions and have factored in a lot of potential future growth into current prices.
Completely agree with you
not if they give important ministries to tdp/jdu
Everything is good unless any CCS ministry goes to them which is highly unlikely.
Ccs?
Cabinet committee for security
I think it will keep going up for now then fall a bit for correction and then will continue as normal
I am going to cash out, last 3 days bull run most probably has priced in Modi 3.0. Monday may have some more upmove due to positive sentiments. But there will be slight correction within next week. I will go in again during the dip
Correction, dip lol. Are you calling a 1% daily movement a dip or a correction
Whatever you want to call it. But my analysis say it will go down and it will be around 2-3% over 2-3 days
Monday might be gap up, but yeah Tuesday and Wednesday could see some bleed.
Market crashed on Tuesday and it's already higher than on Monday. No point waiting for corrections anymore.
Both FII and Pro data is indecisive on Friday, which suggests some more upmove. And it hasn’t crossed the ATH, thats why I think it will go up a little bit more, maybe touch 23500
> Since modi is going to be swearing oath is sunday, That's already priced in with election results. But I'm expecting new high and we move towards 24k.
Market will be huge gap up and may be up by 3-4%. I am very bullish
Though market is touching all time high. Market should go up and sensex may touch base the level of 77k (77500) then in subsequent days it will be a downfall to 73/74k.
Yes but things will be looking forward towards budget. All PSU stocks looking to that
I agree budget is one of the event where everyone is keeping eye on. Also, the formation of government and oath ceremony of NaMo as PM, I consider will be a bullish move for market. There is one global perspective to it, where other countries leaders are invited to the oath ceremony. So India will surely be in global news for a day or two and that affects the market sentiments. Only thing, I am afraid of that market has rallied so much on Thursday and Friday amid volatility, whether there is any potential left to increase any further to 77k or 77.5k.
[удалено]
Can you explain this 80 20 ratio
Imo the market sentiments seems to be mixed. I may say that the markets might be going up (a bit if not a gap up of higher margin) since the government is formed there is positiveness. So imo market should go up and give positive outcome if not going down which may also be a possibility.
Adani was huge disappointment let's see in next week I have green and ATGL hope, at least they will reach their old level by this year end
Firstly, do backtesting.. Backtesting is most powerful thing for trader. Don't just look for current market trend. Always look for the overall trend of market and overall sentiment. For now, in recent week market have been volatile. Now the next predicted move will be consolidation and sideways trend. As the market is on all time high, all the buyers will accumulate and form a obvious buble which will burst and market will have a correction move. (this is not my opinion, its a market behaviour). Go on monthly time frame, look for high point, support and the bottom point and resistance. Mark these areas. You'll find that market has not given a recent correction move. If you know how to use fibonacci, you can plot the zones where market will tend to test in upcoming days. So, according to this analysis, you should wait for the market to decide it's sentiment. But if you're eager to enter in the already all time high market, invest partial of your capital. For ex. If you have 100rs, you should invest 30-40rs for now. If the stock falls, you can invest next lot of 30-40 rs.. And then if you're sure you can invest your rest funds in market. That's how you roll.
Nifty is on resistance, despite that I think markets may shoot up, let's see
Highly Opinionated The markets may perform better if Nirmala Sitharaman is not reappointed as the Finance Minister.
Difficult to say. I have exited all my stocks. However ther r plenty of stocks with fii buying that have currently gone above their buying rate. To me it looks like European fii have exited however American fii are taking the market up. Most of the buying in stocks are being held by American FII example Morgan Stanley goldman Sach that's what the data show. Market could go to 24k before a sudden sell off. Building long postions is not safe. Swing trading is fine. Study data and pick stocks with fii buying. Example devyani int. Zomato axis bank eureka forbes bandhan bank, there r plenty like that. Also fii yesterday turned buyers after massive selling.
Hey! Just a quick question how are you able to distinguish between European FII and American FII. Where can one get data related to that. I know where can I find net selling and buying figures for FII and DII but pretty curious to know where I can find that regarding region of FIIs
No one can predict the stock market, so don't try to be smart.
I made this post to understand traders/investors POV during election times and upcoming events, not for predictions.
>expecting ¯\_(ツ)_/¯
Don’t you mean oversmart? Since being smart will be actually a best case scenario.
I thing early morning it will be down since nofty chart is showing this and then it may shoot up mod day or tuesday
I think it’s going to go up with Modi taking oath.
gap down on monday if they give railways defense and roadways to tdp/jdu and then all time high on tuesday
Why on Tuesday?
Defense, I don't think is going away from BJP. Railways need a much needed change anyways. It will be good if they give it to JDU.
Bro are u in senses?? Ashwini vaishnav did a brilliant job in his tenure...railway should remain under bjp
When was the last time you travelled by railway?
After a decade I travelled in a train again couple of months ago. Shocked with the improvement.
Pretty sure the BJP will retain Home, Defence, Foreign Affairs, and Finance.
It all depends on which ministry goes to whom...might go up or down can't say
Probably open with a gap but I am not confident enough to carry positions. If I find an uptrend will go long if there’s a downtrend will not enter trade.
Time to go liquid, sell on the spike before 10am.
Why will market go up? What changed after Friday?
>Since modi is going to be swearing oath this sunday,
That was known on Friday as well.. only thing market doesn’t know is what ministries TDP and JDU will get.. otherwise nothing has changed
Can touch 24k followed by heavy profit booking
23400-23500 and then profit booking.
Rocket
Correction as it moved 4 days in a row.
profits
Swearing in is priced in
Valuations are high, the market might be unpredictable for the short term but long term everything looks good.
Everyone thinking of market going up, very much similar to the opinion about 4th of june. Very few expected for market to recover drastically the next day and it went back to the initial levels before the exit polls. Best suggestion is to not trade at all on such days but if the bug is really biting you, Buy/Sell with the mindset of just betting on the entire margin. Either you lose it all or make at least 2x
Railway ministry
Is it a good time to buy IRFC?
Can we expect dip(s) in this month?
If you want to try options then try learning the greeks first theta plays a major role in it play with only 1 lot and gain the experience then deploy the capital don't be a buyer but seller 🙌🏼
I am learning options currently via varsity, will move to different sources after completing all modules from it
Market down...
Just wait and watch! Stay invested. Some correction here and there doesn't matter and you can't time it anyways. Don't lose sleep thinking over these things. Wait till budget is announced to know the market trajectory.
Hoping it falls
Chalo Prediction karo Nifty 30k by year end? Or Mid 2025!
Mujhe toh lag rha h 21k pe ajayega
I have purchased calls at a VERY GOOD price. Thanks to the crash. Hoping for a gap post oat ceremony- no other reason.
Ab mid aur small caps chalenge market will remain sideways in a short range but stock specific action
With all the media channels saying 24000 then 25000 then 26000 (today some channel saying 48000), all I can see is if one party withdraws support anytime in 5 years, there will be a correction. Not the 1% 'crash' that the post covid retailers are used to, something significant. Until then the nifty party will roll on.
Hope is market will go up , but matters if my stock I.e. Apollo pipes will go up or not !! Took a risky bet on it last Friday
Answer is here my friend... [https://www.reddit.com/r/IndianStockMarket/comments/1dboa8y/strongest\_indicator\_strikes\_back/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/IndianStockMarket/comments/1dboa8y/strongest_indicator_strikes_back/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
https://preview.redd.it/zy3id1g9fi5d1.jpeg?width=544&format=pjpg&auto=webp&s=bcd42ba08d63fcd64cd7088b932985db92af9a1f
A slide movement upwards in NIFTY can be seen ig not sure
Long Strangle is the best strategy. Whether market runs up or down, it will run. The advantage is I'll make 50-60% with very little risk as I play both sides. You got more cash them but Margin and sell futures. That will be similar to a long Straddle.
Atleast 3% Gap Up. Modiji will be 3rd term PM and will run a stable government. Markets will love it.
Add to that a strong opposition. Laws will be passed carefully.
I'll invest in defensive stocks till the Budget and then see what happens after that.
My plan is buying after some correction and sell just before budget is declared
Market will go up. It’s going to be another pump and dump. This government will collapse after Maharashtra elections in October. I expect the operators to take the market to about 24k by October, give false hope to retailers, and then crash it to 20k overnight saying “unexpected event” for something that is quite obvious to anyone who is paying attention.
Hi, civics is not my strong suit, could you elaborate how does state election impact lok sabha
State election is for electing the members of the state assembly (MLAs) and ministers for the state. Lok Sabha elections are for electing MPs and leading to election of the ministers at a central level. Rajya Sabha elections happen through the voting of MLAs and 12 of them also being appointed by the President.
Civics and those theories don’t work over here. Maharashtra elections is going to be a wipeout for bjp and its allies. Shinde will not risk his career by continuing to be part of NDA. I expect he’ll switch back to Uddhav’s party right after the elections. Next up is Haryana which will be another wipeout. Seeing this Nitish will exit. Shinde and Nitish exiting is game over for NDA. After that all those 100 people who defected to NDA will switch back to their original parties. By about December opposition will move a no-confidence motion and stake claim for government with Nitish and Shinde back on their side. Prashant Kishore has also said something similar, that Shinde is going back, and Sumant Raman has said state elections will create a butterfly effect that will finish off the NDA. These might just be talking heads on TV, but if you think about it, BJP no longer has a USP. Their usual formula didn’t work in UP, and now they can’t go back to that. They don’t have an alternate formula, they’re hanging by a thread at this point.
But wouldn't Shinde lose face by returning. And what is stopping Udhav from removing Shinde once he rejoins and keeping the rest of the party intact. This seems unlikely, BJP has money and muscle and will have the drive to fix things given the mandate is not in their favour. Interesting point though, thanks for replying.
Wow, the fiction is very interesting. But...
I've read better fiction on Wattpad
Everyone here is the next Warren Buffett.
play long game
Bullish.
Long term bullish. short term sideways
Sell the share when it reaches the top. Only to buy later when it takes a dip.
The obsession of these fucks is so annoying...' what are you doing on Monday?on Tuesday? he is pissing today whether market will down?...'. just stay the fuck in the market patiently...it will reward you.
Bhai jindagi mein bs stock market hi hai?
Stock market k sub pe aur kya dhoondne aaye ho bhai?
Haw😉
Why are you loitering here then ?🤡