Nifty Prediction 8-10th Jan 20

Nifty Prediction 8-10th Jan 20

9th Jan 20 Update

Nifty moved exactly as per what we had predicted.

Part of what we did in our Nifty Options Package

[9:17 AM, 1/7/2020] Glen: Good morning

[9:17 AM, 1/7/2020] Glen: No open positions in Nifty for options for now

[9:17 AM, 1/7/2020] Glen: As expected pullback is going on

[9:17 AM, 1/7/2020] Glen: Wait for msg to trade

[12:25 PM, 1/7/2020] Glen: No clear trade as of now. Wait on sidelines for now

[1:21 PM, 1/7/2020] Glen: 16 Jan 12000 Put Buy 1 part

[3:21 PM, 1/7/2020] Glen: Hold positions whenever we have to add 2nd part will update

[9:08 AM, 1/8/2020] Glen: Good morning

[9:08 AM, 1/8/2020] Glen: Hold positions as told

[9:19 AM, 1/8/2020] Glen: 16 Jan 12000 Put Buy 1 Part Book 50 percent at cmp and trail remaining qty to cost and hold

[9:20 AM, 1/8/2020] Glen: As and when anything needs to be done will update

[11:00 AM, 1/8/2020] Glen: Hold remaining 50 percent qty as told. Trend is down. Will update when to add 2nd part

[11:52 AM, 1/8/2020] Glen: Book profit in remaining positions

[11:52 AM, 1/8/2020] Glen: Confirmation no open positions in Nifty Options for now

[11:53 AM, 1/8/2020] Glen: Wait for buying put again

[11:53 AM, 1/8/2020] Glen: Will update as and when anything needs to be done

Part of what we did in Nifty Fut

[9:16 AM, 1/7/2020] Glen: Good morning

[9:16 AM, 1/7/2020] Glen: No open positions in Nifty

[9:16 AM, 1/7/2020] Glen: As expected pullback is going on

[9:17 AM, 1/7/2020] Glen: As and when anything needs to be done will update

[12:25 PM, 1/7/2020] Glen: No clear trade as of now. Wait on sidelines for now

[1:17 PM, 1/7/2020] Glen: Nifty Sell 1 part

[3:21 PM, 1/7/2020] Glen: Hold positions as told

[3:21 PM, 1/7/2020] Glen: Whenever we have to add 2nd part will update

[9:08 AM, 1/8/2020] Glen: Good morning

[9:08 AM, 1/8/2020] Glen: Hold positions as told

[9:20 AM, 1/8/2020] Glen: Nifty Fut book 50 percent profit and trail remaining qty to cost and hold

[9:20 AM, 1/8/2020] Glen: As and when anything needs to be done will update

[10:59 AM, 1/8/2020] Glen: Hold remaining 50 percent qty as told whenever we have to add 2nd part will update

[10:59 AM, 1/8/2020] Glen: Trend is down we don’t see higher side sustaining

[11:52 AM, 1/8/2020] Glen: Book profit in remaining positions

[11:52 AM, 1/8/2020] Glen: Confirmation no open positions in Nifty

[11:53 AM, 1/8/2020] Glen: Wait for selling message again

[11:53 AM, 1/8/2020] Glen: As and when anything needs to be done will update

So here it is as we had predicted sudden moves have been taking place and we see this trend to continue for this calendar year. We will update more on this in our next update.

Good trading to you!

8th Jan 20 Update

In our previous update, we had mentioned that this is the year of Rahu which means that sudden changes will take place out of nowhere and for the past 4 days that is exactly what has happened. First, we had the news of airstrikes and markets went lower and then suddenly today we once again gapped up and once again in the first part of the trading day many believe that things are back to normal and the fight won’t escalate. Many of you have asked me to give an astrological view on the same also so here it is. Based on the planetary conditions we see a dangerous period at least till 13th Feb post 13th Feb we will review the situation but for India, as we had mentioned in our yearly update post-26th Jan when Saturn changes house it won’t be a good time for India overall for next 2.5 years because the astak varga charts of India don’t look promising for the transit from India’s natal chart perspective. So the bottom line is we don’t see a great time for India post 26th Jan so keep that in mind.

From a technical analysis perspective, we have formed a fresh resistance area around the area of 12300-12180 spot levels mentioned so unless this area is breached we don’t see any point in buying simply because the trend has gone down and in downtrend we should look to sell on rise or towards resistance. Anyways on breach of 11920 spot level we could see some sharp downside resuming in the markets. Overall till 12300 spot is taken out with volumes we don’t see buying making any sense.

Part of what we did in Nifty Options

[03/01, 11:04 AM] Glen: Trade in 2 Parts
[03/01, 11:05 AM] Glen: 9 Jan 12200 Put buy 1 part below 12243 Jan Fut level (buy only if Jan Fut breaks 12243)
[06/01, 9:06 AM] Glen: Hold positions as told
[06/01, 9:25 AM] Glen: 9 Jan 12200 Put buy book 50% profit and trail remaining qty to cost and hold
[06/01, 10:50 AM] Glen: 9 Jan 12200 Put Buy 1 part hold remaining 50 percent qty as told
[06/01, 10:50 AM] Glen: As and when anything needs to be done will update
[06/01, 2:56 PM] Glen: Nifty 12200 Put buy book full profits in remaining qty
[06/01, 2:56 PM] Glen: As and when anything needs to be done will update
[06/01, 2:56 PM] Glen: No open positions in Nifty Options for now

Part of what we did in Nifty Fut

[03/01, 9:55 AM] Glen: Good morning
[03/01, 11:02 AM] Glen: Nifty trade in 2 Parts.
[03/01, 11:03 AM] Glen: Nifty Jan Fut Sell 1 part below 12243
[03/01, 11:11 AM] Glen: Nifty Jan Fut Sell 1 part below 12243 Jan Fut level mentioned
[03/01, 11:40 AM] Glen: Silver continue holding physical longs bought at 35k, 36k ,38k. Reiterate uptrend in silver see higher targets
[03/01, 3:10 PM] Glen: Hold Nifty 1 Part
[03/01, 3:10 PM] Glen: Due to low volume sharp volatility is there. Will update if anything needs to be done
[06/01, 9:06 AM] Glen: Good morning
[06/01, 9:06 AM] Glen: Hold positions as told
[06/01, 9:25 AM] Glen: Nifty book 50% positions trail remaining qty to cost and hold
[06/01, 10:51 AM] Glen: Nifty Fut Hold remaining 50 percent short qty as told
[06/01, 10:51 AM] Glen: As and when anything needs to be done will update
[06/01, 2:55 PM] Glen: Book full profits
[06/01, 2:55 PM] Glen: Nifty remaining qty book profit
[06/01, 2:56 PM] Glen: As and when anything needs to be done will update
[06/01, 2:56 PM] Glen: No open positions in Nifty for now
[06/01, 3:01 PM] Glen: Not clear but there can be a pullback from here so be on sidelines
[06/01, 3:02 PM] Glen: On bounce we will sell again overall trend is down now but we will sell at low risk points only

Good trading to you!