Analysis and Game Plan - 7 January 2019

  • We are constantly moving up with high volatility. Market is moving up by giving a lot of whipsaws. This pattern will follow for some time.

  • On Friday, Dow Jones shot up by more tha 700 points and even touched 800 points due to Fed's rate hike stop commentary and trade talks start between US an China.

  • What was long Unwinding for 2 3 days turned into long buildup. Today we may look up at a gapup of 100 points on Nifty and 200/250+ for Bank Nifty.

  • Game will start after that. Whether we sustain the gapup or we fall. Financials stocks are looking strong.

  • I think after a gapuo market may go sideways, where I will take a bullish positions.

Rohit Katwal

10 views0 comments

Recent Posts

See All

MAS - Options (2 slots) for April 2021

We have 2 slots each available for Options MAS to be filled for April 2021. If interested kindly fill the MAS Service Request Form after reading the details and we will contact you. Do read the approp