Nifty trend / Nifty prediction 14th June 19

Nifty trend / Nifty prediction 14th June 19

Nifty trend continues to be sideways between 12100-11750 spot Nifty levels mentioned.  Nifty prediction is that until and unless either side range breaks with volumes we will not see any major trending move. From an investors perspective, we do not see value in the broader market. There are some selected deep value stocks however the broad market is richly valued. From a traders perspective keep trading in and out.

Part of what we did

11/06/19, 9:14 am – Glen: Good morning

11/06/19, 9:14 am – Glen: Hold positions as told

11/06/19, 10:28 am – Glen: Kuantum paper accumulate

11/06/19, 10:28 am – Glen: Shirpur gold accumulate

11/06/19, 10:28 am – Glen: Usdinr pair trade hold

11/06/19, 10:28 am – Glen: Hold Nifty June Fut 1 Part Short, Nifty 11800 27 June Call Short 1 Part & Nifty 11900 27 June Put Short 1 Part

11/06/19, 1:07 pm – Glen: Nifty 11900 27 June Put Short 1 part book profit at  cmp

11/06/19, 1:08 pm – Glen: Hold Nifty June Fut 1 Part Short and Nifty 11800 27 June Call Short 1 Part

11/06/19, 1:13 pm – Glen: Usdinr pair trade hold as told

11/06/19, 2:00 pm – Glen: If anything has to be done will update

12/06/19, 9:05 am – Glen: Good morning

12/06/19, 9:05 am – Glen: Hold positions as told

12/06/19, 9:05 am – Glen: Will update as and when anything needs to be done

12/06/19, 11:04 am – Glen: Hold positions as told

12/06/19, 11:04 am – Glen: As and when anything needs to be done will update

12/06/19, 11:04 am – Glen: Hold Nifty June Fut 1 Part Short and Nifty 11800 27 June Call Short 1 Part

12/06/19, 11:04 am – Glen: Usdinr pair trade hold as told

12/06/19, 11:04 am – Glen: Shirpur gold accumulate

12/06/19, 11:05 am – Glen: Kuantum paper accumulate

12/06/19, 11:05 am – Glen: Kuantum paper over time will become like Msl same goes with shirpur gold both will take time but eventually we see both counters zooming up

12/06/19, 12:13 pm – Glen: Usdinr pair book profit at cmp

12/06/19, 12:21 pm – Glen: Hold Nifty June Fut 1 Part Short and Nifty 11800 27 June Call Short 1 Part

12/06/19, 12:21 pm – Glen: If anything else has to be done will update

12/06/19, 2:25 pm – Glen: Hold positions as told

13/06/19, 9:14 am – Glen: Good morning

13/06/19, 9:14 am – Glen: Hold positions as told

13/06/19, 9:49 am – Glen: Hold Nifty June Fut 1 Part Short and Nifty 11800 27 June Call Short 1 Part

13/06/19, 10:31 am – Glen: Book profit in 11800 Call Short 1 part

13/06/19, 10:31 am – Glen: Hold Nifty June Fut 1 Part Short

13/06/19, 11:11 am – Glen: Close Nifty June Fut shorts

13/06/19, 11:11 am – Glen: Confirmation no open positions

13/06/19, 11:11 am – Glen: As and when anything needs to be done will update

13/06/19, 11:12 am – Glen: We are now at lower end of the trading range until range Breakout happens no point in trading

13/06/19, 2:17 pm – Glen: Nifty range bound nothing to be done.

Good trading to you!