Nifty Bank Index discussion
BANKNIFTY beyond50 🤣😅👍🏻 Correct that what I said earlier post, but it will be max out at 56-57K. The euphoria among retail investors surged after COVID, especially in 2023, as many lowered their deposits and shifted towards the stock market. With unemployment also high, it’s become a hotspot for “zero to hero” trades—quick money opportunities. On top of that, FIIs are set to pump cash into the market thanks to the Fed rate cut. Valuations are about to go bonkers, massively overinflated. We could be heading toward a 2008-style crisis in the Indian markets in the near future, also fueled by political instability, a "caged parrot" regulatory environment, and other looming factors.BANKNIFTY After the Fed rate cut, FIIs are likely to flood the market with cash, potentially overinflating it. Note– Will DIIs swoop in as sellers? We might see the exact opposite of January’s smooth, ride. Let’s see what drama unfolds!
Expiry Trade
Today is
NIFTY Stay long till reversal hit.
tradingview.com/x/JZh6Cw7c
BANKNIFTY Banknifty on the 75-minute timeframe is in Bullish Market Bias. After forming a GIANT J-Hook that is a bullish continuation pattern, the rally failed to do a proper close of the Gap at 52,984, so price action will remain below this.
The Gap was rejected by the upper wicks from the Three Bar Reversal. Their downward move was further triggered by a Bearish Pressure Zone.
My Prediction: A Giant Inverse J-Hook may form that is a bearish continuation pattern for the candles to cross the Bullish Trendline (in green dotted line) and flip the bias from Bullish to Bearish Market Bias. From afar, it would look like a Head-and-Shoulders pattern when fully formed.
BANKNIFTY Desiboysoptions Tu jo bola tha, waisa toh kuch hua hi nahi bro! 51600 😅
BANKNIFTY kya bhayo blasts huya tha na ajjBANKNIFTY - PE ratios are elevated, which is well understood across the market.My view centers on two core considerations:
1. Companies with strong fundamentals and robust financials are often underappreciated, aligning with Buffett’s “cigarette butt” analogy.
2. Stocks driven by FOMO on future outcomes, all may not be mispriced, but companies need to justify these expectations to shareholders.
- Take defense stocks (
HAL) for instance: despite lacking meaningful technological advancements, they’ve seen significant upside, driven by sentiment rather than fundamentals.- In the U.S.,
NVDA forward-looking pipeline is compelling, but failure to execute could lead to a 30-50% correction. The stock has already experienced a 13% pullback. (Am I correct, beyond50?)- In India, market responses remain muted, with investors continuing to buy and hold at elevated valuations.
BANKNIFTY Apologies for the frequent posts, but the VIX caught my eye—what’s your take on it?FIIs are heavy on long Futures.
tradingview.com/x/ePMOr9Bf
NIFTY
BANKNIFTY NIFTY Update level. See you at 2pm. (FOMC Decision is there so keep small speculative bets 3-7% capital)tradingview.com/x/eVn1Wnv7
