Hopefully, this recovers. I think opening Monday with a -200/300 point is manageable. But if it opens straight at 22,000 — that’s insane. That would trigger a full-blown bloodbath, not like last couple of quarters, but potentially much more (WCS). tradingview.com/x/8q2zcrRT NIFTYBANKNIFTY
Oh, absolutely! It’s not going to be a major shift, of course, just a little tweak on Monday’s opening that could magically turn your entire position upside down. And then, the so called Fin influencers will swoop in, saying they’re moving to crypto because of the wild gap-ups or gap-downs, or – and here’s the kicker – because of Nirmala Tai. But hey, if you’re holding an Indian residency, she was always going there anyway. It’s practically a foregone conclusion!
Let’s shut down the system and enjoy the weekend—Tuesday gave us a decent move. so slick even Modi ji would clap. Next week? Could dip more or swing up, who knows. Quick note: OTM Puts showing solid support, so once that last leg break, Calls might finally wake up.
But heads up—if you see some dramatic spike near market close, that’s likely our friendly Indian operators doing their thing. Your call to chase it…
Best move? Keep a close eye on Gift Nifty at 6 PM today.
Let’s watch the 3-4H candle close. Nifty Gift’s crucial level is 23K on the daily; a close below it might test around 22.5K by the 09 expiry. Meanwhile, the weakening dollar adds an interesting dynamic to the setup.
Bhai, the stock market is like a toxic relationship. At first, it flirts with you, makes you feel special. You make some money, and suddenly, you think you’re Warren Buffet’s long-lost cousin. Then one day, the market slaps you so hard, you start considering calling your mom to open a new trading account.
It has been years researching, tried every strategy, trusted every indicator like a school kid trusts his teacher. And after all that, here’s the big discovery: Volume profile, basic math, understand financial instruments works, market behavior, and support & resistance. That’s it. No Soros-funded secret setup, no “Tel-gram Premium Membership,” no paid group scams. Just simple price action.
But no, you don’t want that, right? You want “one trade, two flats” kind of strategy. You want to enter the market today and drive out in an Audi tomorrow. But let me tell you—one day, the same market will hit you so hard that forget Audi, you won’t even have Ola money left. Give yourself two years, put ₹7K per trade 20 trades a year, or paper trade if you want to keep your kidneys safe. Build a relationship with the charts—yes, a relationship! Just like a toxic ex, you have to understand their mood swings. At first, it’ll hurt. Then you’ll adjust. And one day, you’ll actually make money.
Or, keep searching YouTube for some fake-accent guru selling a ₹50,000 “Complete Trendline Mastery Course.”
No offense Meant
So what do you guys think? Or should we just join a paid group?
This week saw a nonlinear decline, similar to the rise on March 5 and the sideways movement on March 11. Support levels are well-known, and many of my previous posts hinted at this move. However, yields on premiums haven’t been great. Let’s see if next week or the April 17 expiry brings the big move we’re expecting—testing 22K and possibly beyond.
NIFTY 
BANKNIFTY
