VP Financials

Nifty opening is looking strong specially in future, avoid selling before 25830 zone.

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Nifty n bn both reversed from random zone, so not expecting more upside momentum from here.

Struggled in bn selling, tried twice but due to bottom formation PE premiums didn't moved, at last made money in bn and nifty sniper reversal trades.

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Nifty n bn sniper reversal both target reached. Hope community members had a good one 🤝

Bn is offering sniper reversal keep an eye traders.

Premiums are not moving

Upcoming impact ful things Today - nifty weekly expiry Wednesday - Trade talk with US delegation in New Delhi Thursday- Fed Rate decision impact Friday - Trade talk announcement

Bn trend is not clear, wait for either side break for follow through momentum.

Nifty has support @ 25820 zone, if it breaks then next support we can expect @ 25700.

Nifty opening is very weak, buyers has to break day high for upside momentum.

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Brutal move after 26000 breakdown

26000 round number + 0.618 zone ( last hope for buyers )

In such scenario, we have two options either keep trading opposite to trade and loose money, or wait for market reversal and follow the fibo setup. So far I have missed selling opportunity but trading with confidence is more important then entering in each trade.

Nifty also broke 0.618, currently trying to take support on trendline.

Why i am not getting confidence in selling ? 0.618 broke, trendline breakdown is at lower levels.

Not getting confidence in selling today.

Nifty almost reached 0.618, bn is looking weak. So avoid buying in bn before above marked zone.