Nifty 7th Feb 2018

Nifty 7th Feb 2018

It was yet another day of superb gains for all our clients and those who were holding Nifty shorts.  Nifty as of now has been perfectly moving along expected lines. The volatility in the second part of the day was extremely high and most of the shorts that were present in the system were forced out. Most of these were the shorts created yesterday and during intraday trade.  Many of the traders and investors are stunned to see this kind of moves in the market where Nifty lost 800 points plus in a matter of days and then gave intraday recovery of 300 points from the low point and again moved lower down.  As per our analysis we expect the volatility to continue so traders will have to be very nimble footed to trade in such markets.  From an investors point of view many people or analyst are talking about starting to buy the panic or dip or to make their list of favorite stocks and start nibbling into them as they feel comfortable but as per our analysis we do not see this as a right time to start investing. There still is time for investments to be done or to put it in simple words may be a lot of time is remaining for that scenario to emerge where stock specific ideas can be accumulated. Will Nifty move higher now or will we see 10000. We will keep updating all details to our clients.

Part of what we did yesterday and today

05/02/18, 9:10 AM – Glen Drago: Good morning

05/02/18, 9:10 AM – Glen Drago: Hold positions as told

05/02/18, 9:10 AM – Glen Drago: Will keep updating bid anything has to be done

05/02/18, 9:11 AM – Glen Drago: Nifty hold 4 parts shorts

05/02/18, 9:11 AM – Glen Drago: Wait for buying msg in silver

05/02/18, 9:11 AM – Glen Drago: Lot of margin calls expected to be triggered today morning also

05/02/18, 9:11 AM – Glen Drago: Most of the margin calls did not square up on Friday

05/02/18, 9:54 AM – Glen Drago: Nifty 4 parts positional shorts hold as told

05/02/18, 9:54 AM – Glen Drago: Will keep updating whenever we have to do anything

05/02/18, 9:55 AM – Glen Drago: If we have safe sell for intraday or STBT trade will update

05/02/18, 10:02 AM – Glen Drago: STBT sell 1 part at cmp and 2nd part at 10791 spot levels mentioned SL 10811

05/02/18, 10:02 AM – Glen Drago: Confirmation STBT trade part 1 active

05/02/18, 10:04 AM – Glen Drago: STBT trade sell part 2 at 10691 if comes SL 10711 spot levels mentioned

05/02/18, 10:05 AM – Glen Drago: Will keep updating if anything has to be done

05/02/18, 10:12 AM – Glen Drago: Nifty hold 4 parts positional shorts as told

05/02/18, 10:12 AM – Glen Drago: Nifty hold 1 part Stbt as told

05/02/18, 11:37 AM – Glen Drago: Nifty stbt part 2 active

05/02/18, 11:37 AM – Glen Drago: Hold 2 parts stbt also as told

05/02/18, 11:38 AM – Glen Drago: If any SL to be kept will update for STBT

05/02/18, 11:38 AM – Glen Drago: As of now just hold Stbt

05/02/18, 11:38 AM – Glen Drago: Nifty hold 4 parts shorts positionally and hold 2 parts shorts Stbt as told

05/02/18, 11:39 AM – Glen Drago: Will keep updating if anything has to be done

05/02/18, 1:37 PM – Glen Drago: STBT trade book profits in 2nd part sold at 10691 spot levels at CMP

05/02/18, 1:37 PM – Glen Drago: Confirmation 1 part STBT trade booked

05/02/18, 1:37 PM – Glen Drago: Continue holding 1 part Stbt shorts and Nifty 4 parts positional shorts as told

05/02/18, 1:37 PM – Glen Drago: Will keep updating if anything has to be done

05/02/18, 3:17 PM – Glen Drago: Nifty Hold 4 Parts positional shorts as told.

05/02/18, 3:17 PM – Glen Drago: Nifty Carry remaining 1 part STBT Trade as told

05/02/18, 3:17 PM – Glen Drago: if anything else to do will udpate

05/02/18, 8:12 PM – R S Jewellery added to the list

05/02/18, 8:17 PM – Glen Drago: Will update whenever we have to buy silver

05/02/18, 8:17 PM – Glen Drago: As of now don’t buy wait for sometime

05/02/18, 8:17 PM – Glen Drago: Will keep updating if anything else to do

06/02/18, 1:50 AM – Glen Drago: Dow down 1000 points

06/02/18, 1:58 AM – Glen Drago: Sgx 10405 CMP

06/02/18, 2:24 AM – Glen Drago: Pullback sold into

06/02/18, 8:48 AM – Glen Drago: Gm

06/02/18, 8:49 AM – Glen Drago: Hold Nifty positional 4 parts  shorts as told

06/02/18, 8:49 AM – Glen Drago: Hold STBT trade 1 part as told

06/02/18, 8:49 AM – Glen Drago: Will keep updating as and when anything has to be done

06/02/18, 9:07 AM – Glen Drago: STBT trade 1 part cover between 10350-10300 spot levels mentioned

06/02/18, 9:08 AM – Glen Drago: Positional shorts 4 parts hold as told

06/02/18, 9:08 AM – Glen Drago: Dont try to buy anything this is not even the beginning of the beginning

06/02/18, 9:16 AM – Glen Drago: Confirmation STBT trade booked

06/02/18, 9:23 AM – Glen Drago: Will keep updating if anything has to be done