Sniper-Traders

Sniper-Traders

I held a strong conviction regarding a potential move in Silver, as detailed in the attached post. To capitalize on this anticipated move, I initiated a position in Silverbees, committing approximately 5% of the capital. I am open to augmenting the position should the price decline to the lower trendline of the higher timeframe channel. I anticipate a move of...

Sniper-Traders

Since I do expect a market crash, I was interested in taking positions in commodities like Gold and Silver. At that moment I felt that Silver was in a much better price point as per technicals when compared to Gold and so I did take a position on Silverbees for about 5% of the net capital. Expecting a move of about 12.5% to the top of the channel line as per this...

Sniper-Traders

Price is close to the upper trendline of the channel. This may act as an inflection level and there is a high probability for the price to reverse from these levels. So decided to book profit which was about 22.41% on the invested capital. Moreover, the entire Indian Market is over valued at the moment and there is a possibility for the whole market to turn...

Sniper-Traders

The Nifty has been on a bullish trend for the past few weeks, with the recent election victories of the current ruling party in Madhya Pradesh, Rajasthan, and Chhattisgarh providing additional momentum. This outcome strongly suggests a potential continuation of the current government's reign in the next tenure, providing the market with the stability it...

Sniper-Traders

Market is in a key inflection level. So decided to book profits and then have some cash positions around. There is a higher probability for a sell-off to hit the market as per the technicals and I feel that it is advisable to have some cash positions around if that happens. Will consider a re-entry if price falls back to the low of the channel line.

Sniper-Traders

Price is in a key inflection level. I also do expect a sell-off to hit the US market anytime soon. If that happens then it will have a high impact on the Indian IT sector. So decided to book profits. Will consider a re-entry if price falls back to the low of the channel line.

Sniper-Traders

Price is in a key inflection levels and there is a high probability for a sell-off to hit the market anytime soon. So decided to secure profits at the current levels. Will consider a re-entry if price falls back to the low of the channel line as mentioned in the chart.

Sniper-Traders

The exponential growth of Pfizer during the COVID era can be attributed significantly to its role as a vaccine producer. However, the current levels of PFE are even lower than the pre-COVID trading price. The current stock price is approaching the lowest levels witnessed during the COVID-induced market crash. Consequently, almost all the increase in price driven...

Sniper-Traders

Took an initial entry in CVX for about 1.25% of the capital. Expecting a potential move of about 33% from the current levels. Anticipating a potential upward movement of around 33% from the current levels. It's noteworthy that CVX holds the fifth position in Warren Buffett's Berkshire Hathaway portfolio, according to the latest 13F filing. Will consider adding on...

Sniper-Traders

Took a single entry for about 2.5% of the total capital, targeting the upper trendline for a profit of about 15% on the invested capital. This is a re-entry. Public posts regarding my previous positions in the stock are attached along with this post. Do check them out.

Sniper-Traders

Booked profits purely due to technical reasons. Market seems a bit over valued and so there is a possibility for a sell-off in the near future. So decided to take some chips off the table. Hence booked profits since the price is close to inflection points that may trigger a sell-off. Clearly aware of the fact that there is a possibility for a potential up move...

Sniper-Traders

Technically the price is in a range which may act as an inflection point where the sellers may come in. So decided to book profit and take some chips off the table. Will look for a re-entry opportunity, if price falls back to the low of the channel line.

Sniper-Traders

I have been holding on to this position for about 9 months. At the current valuation I do believe that the Nasdaq and S&P500 is expensive. So there is a high probability for a sell-off to hit the market anytime soon. So decided to book profits in some of my positions and this is one of them. Will consider a re-entry if market crashes back to the initial entry...

Sniper-Traders

Nifty is approaching the psychological level of 21,000, which could serve as a crucial inflection point. There is a possibility of a sell-off in the near future due to profit booking by market participants, potentially impacting the overall market. Furthermore, given the current valuation and taking into account the broader macro and microeconomic conditions, I...

Sniper-Traders

Price is ranging in a key level as per technicals. So as mentioned in the previous post regarding this stock, I'm adding onto the position summing up my total holding in the scrip to 1.25% of the total capital. There is an upside potential of nearly 163% from the current average levels to all time highs. Will consider adding on another 1.25% in the next 2 key...

Sniper-Traders

Price reached close to all time high. But I'm aware of the fact that there is no negativity to hit the market anytime soon that may push the market to the downside, as of now. Yet technically there is high probability for a sell-off and I do believe that news creates volatility and not direction. So I decided to take some chips off the table and book profits in...

Sniper-Traders

Expecting a reversal move in Nifty. A detailed post regarding the same is attached underneath this post. So booked profit in NIFTYBEES for about 3.37% of the invested capital. Since about 5% of the capital was involved in this trade, the % gain on the whole capital is high although the % gain on the invested capital might be low when compared to my usual trades.

Sniper-Traders Updated 

There is a high probability that the market will move towards 20,400, and if it does not break below those levels, it may reach 21,000. From a fundamental perspective, there are no significant negative factors on the horizon that could adversely affect the Indian economy in the near term. The government is robust, and public sentiment toward it remains positive....