63 Post Mortem Analysis on Nifty50 - Fy2023-24 Q2

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

Download 63 Post Mortem Analysis on Nifty50 - Fy2023-24 Q2 Book in PDF, Epub and Kindle

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

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

Download 60 Post-Mortems on Nifty & BankNifty Q3 FY23-24 Book in PDF, Epub and Kindle

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.