63 Post Mortem Analysis on Nifty50 - Fy2023-24 Q2
Title | 63 Post Mortem Analysis on Nifty50 - Fy2023-24 Q2 PDF eBook |
Author | Balachandran Viswaram |
Publisher | Balachandran Viswaram |
Pages | 218 |
Release | 2023-09-28 |
Genre | Business & Economics |
ISBN |
The chapters below are the analysis of each day’s price movement. It is highly technical in nature and my reports are based on the charts. Usually, I start with the 5mts candle and call out any anomaly or unusual patterns. Then I take up the 1hr chart to see if it fits into the broader trend. The trading style I follow scans for the market direction and play along. For example, if the markets are falling - I still prefer to short CALLS. Agreed the premiums in CEs would have dropped once the index makes its move - but I feel it is in sync with my risk profile. Also, I prefer to wait for the volatility to pick up before selling options. On each expiry day - I bring up the weekly analysis to comment on how that index behaved in the last week. And on the last expiry of the month - I bring up the monthly chart. Nifty is discussed first followed by Banknifty. On Tuesdays I bring up the FinNifty charts. Since we have one or the other index expiring daily - most of the trades are done to take advantage of that. I guess the market participants are growing in huge numbers to play expiry - a situation similar to gambling is happening. Strongly advise to do your own research and deploy strategies that are inline with your risk management.
60 Post-Mortems on Nifty & BankNifty Q3 FY23-24
Title | 60 Post-Mortems on Nifty & BankNifty Q3 FY23-24 PDF eBook |
Author | Balachandran Viswaram |
Publisher | Balachandran Viswaram |
Pages | 215 |
Release | 2023-12-31 |
Genre | Business & Economics |
ISBN |
This book is a compilation of 60 days of technical analysis done on Nifty50 and BankNifty Indices. The period under study is October to December i.e. Quarter 3 of Financial Year 2023-24. The strategies deployed, their outcomes, corrections & and feedback are captured in each day's work. Almost all the strategies are reaction-based rather than prediction-based. Based on the analysis a possible best-case and worst-case scenario is outlined for the next day's price action.