Nifty50指数

Trade Log NIFTY August 21

267
August 20 Trade Log

Trade Log NIFTY August 20


“I have a bearish bias for tomorrow. If not bearish , at least consolidation below 11350. For short 11350 is alert level and then 11370 can be a stop.”

My expectation was not correct. NIFTY opened the gap up and traded above 11370 for the day.

My Trades

No trades for the day today.

My Observations for the day

NIFTY closed 0.53% up
BANK NIFTY closed 1.365%up
VIX dropped -3.30%
Advance Decline ratio 30 to 20.

With today’s move NIFTY is firmly in consolidation. So I assume the range is 11460 - 11300, till it breaks on either side.
I’ll do a detailed weekly view post over the weekend.

免責事項

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