Nifty Prediction 8-3-2021

Nifty Prediction Nifty could be very volatile for a few more days. Use rise to short sell stocks already in downtrend.

Part of what we did

01/03/21, 09:07 – Glen Drago: Good morning
01/03/21, 09:07 – Glen Drago: Hold positions as told
01/03/21, 10:36 – Glen Drago: Axis Bank Hold 1 Part short as told
01/03/21, 10:36 – Glen Drago: Nifty 25 March 14000 Put hold as told
01/03/21, 10:37 – Glen Drago: STBT Nifty 25 March 14600 Call short done at 450 Hold
01/03/21, 11:54 – Glen Drago: kotak came to our resistance but sorry I forgot to give confirmation msg
01/03/21, 11:54 – Glen Drago: if anyone has short sold kotak please book 50% and trail rem to 1850 spot
01/03/21, 13:27 – Glen Drago: next round we will be going short aggressively
01/03/21, 13:27 – Glen Drago: be ready to short
01/03/21, 13:27 – Glen Drago: let the pullback end
01/03/21, 13:28 – Glen Drago: I will be giving levels if comes just ensure you ask me before taking trades as there will be many counters so keep in mind if areas come and I forget to alert you feel free to alert me as there are going to be many counters
01/03/21, 13:33 – Glen Drago: Nifty Sell between 14770-14803 sl 14830 (positional add)
01/03/21, 13:33 – Glen Drago: spot rates mentioned
01/03/21, 13:42 – Glen Drago: Nifty sell is active
01/03/21, 13:42 – Glen Drago: STBT Nifty 25 March 14600 Call short done at 450 Hold
01/03/21, 14:21 – Glen Drago: Nifty book profit for sell done today at 14770 cmp 14725
01/03/21, 14:21 – Glen Drago: STBT Nifty 25 March 14600 Call short done at 450 Hold
01/03/21, 14:21 – Glen Drago: Axis Bank shorts 1 Part hold
01/03/21, 14:22 – Glen Drago: as and when we get low risk points we will add shorts in individual stocks
01/03/21, 14:24 – Glen Drago: Nifty March 14000 Put Buy Hold
01/03/21, 14:25 – Glen Drago: Axis Bank shorts 1 Part hold
01/03/21, 14:25 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold
01/03/21, 14:26 – Glen Drago: Kotak & Icici have not triggered till now so we will wait for them to come to zones
01/03/21, 14:26 – Glen Drago: Kotak & Icici have not triggered till now so we will wait for them to come to resistance zones
01/03/21, 14:30 – Glen Drago: https://www.tradingview.com/x/6VPJPpfu/
01/03/21, 14:30 – Glen Drago: some of you are asking me tgt for axis \
01/03/21, 14:30 – Glen Drago: click on this for details
01/03/21, 14:38 – Glen Drago: can see a bit more upside
01/03/21, 14:39 – Glen Drago: hold shorts as told when to add shorts will update
01/03/21, 14:56 – Glen Drago: Hold positions as told
01/03/21, 14:56 – Glen Drago: Will update when to add shorts
02/03/21, 09:03 – Glen Drago: Good morning
02/03/21, 09:03 – Glen Drago: Hold positions as told
02/03/21, 09:03 – Glen Drago: Will update as and when anything needs to be done
02/03/21, 10:11 – Glen Drago: Gold will underperform this year
Silver will outperform this year
Whenever we have to buy silver will update
02/03/21, 13:20 – Glen Drago: Will update as and when anything needs to be done
02/03/21, 13:20 – Glen Drago: Let pullback get complete
02/03/21, 13:20 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold
02/03/21, 13:21 – Glen Drago: Axis Bank shorts 1 Part hold
02/03/21, 13:21 – Glen Drago: Will update as and when anything needs to be done
02/03/21, 15:50 – Glen Drago: There is no change in this
02/03/21, 16:04 – Glen Drago: And please keep margins open for short selling tomorrow. Tomorrow we will go short aggressively
03/03/21, 09:06 – Glen Drago: Good morning
03/03/21, 09:06 – Glen Drago: Hold positions as told
03/03/21, 09:06 – Glen Drago: Wait for msg to add shorts in stocks
03/03/21, 09:17 – Glen Drago: Kotak Bank Sell between 1877-1920 sl 1933 tgt 1742 spot levels mentioned
03/03/21, 09:18 – Glen Drago: Icici Bank Sell between 624-634 sl 639 tgt 546 spot levels mentioned
03/03/21, 09:18 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold
03/03/21, 09:18 – Glen Drago: Axis Bank Hold 1 Part short
03/03/21, 09:22 – Glen Drago: Maruti sell 1 part at cmp
03/03/21, 09:23 – Glen Drago: Maruti if comes higher we will sell 2nd part not crossing 7400 spot I see maruti heading for 6400
03/03/21, 09:32 – Glen Drago: Axis Bank trade summary we sold 1 part at 723 then 2nd part at 775 booked profit in 2nd part at 741 and now holding 1st part shorts 790 sl spot levels mentioned we see axis bank heading for 600 odd area
03/03/21, 10:38 – Glen Drago: Nifty 25 March 15100 Call sell at cmp 320 hold till expiry trade
03/03/21, 10:39 – Glen Drago: Icici Bank Sell between 624-634 sl 639 tgt 546 spot levels mentioned
03/03/21, 10:44 – Glen Drago: Icici Bank Sell 1 part at cmp if comes to 634 add 2nd part sl 639 spot rates mentioned
03/03/21, 11:25 – Glen Drago: Kotak Bank Sell between 1877-1920 sl 1933 tgt 1742 spot levels mentioned
03/03/21, 11:25 – Glen Drago: kotak active can sell 1 part here and 2nd part towards 1920 spot level
03/03/21, 13:50 – Glen Drago: Kotak sell 2nd part at 1920 spot rate
03/03/21, 14:48 – Glen Drago: Hold all short calls for now
03/03/21, 14:48 – Glen Drago: i will update on whatever has to be done
03/03/21, 14:50 – Glen Drago: fake move going on hold all shorts
03/03/21, 14:52 – Glen Drago: Bank Nifty if you want to buy otm puts can buy here
03/03/21, 14:52 – Glen Drago: high risk guys only do trade
03/03/21, 14:53 – Glen Drago: Axis Bank continue holding 1 part shorts
03/03/21, 14:53 – Glen Drago: Kotak bank Hold 1 Part shorts
03/03/21, 14:53 – Glen Drago: Icici Bank hold 1 part shorts
03/03/21, 14:54 – Glen Drago: Maruti Hold 1 Part short done at 7175 spot level will update whenever we have to add 2nd part
03/03/21, 14:55 – Glen Drago: Asis Bank hold 1 part short net shorting cost 757 spot level hold
03/03/21, 14:55 – Glen Drago: Icici Bank Hold 1 part short done at 624 spot rate if comes higher we will sell 2nd part
03/03/21, 14:56 – Glen Drago: Kotak bank Hold 1 Part short done at 1877 if 1920 spot comes we will add 2nd part short spot rates mentioned
03/03/21, 14:56 – Glen Drago: Nifty 14000 Put Buy Hold till expiry trade
03/03/21, 14:57 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade
03/03/21, 14:57 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold & Nifty 25 March 15100 Call short done at 320 Hold
03/03/21, 14:58 – Glen Drago: Hold all shorts as told reiterate 12100 coming
03/03/21, 14:58 – Glen Drago: will keep updating as and when anything needs to be done
03/03/21, 14:58 – Glen Drago: please strictly follow msg and trade
03/03/21, 14:58 – Glen Drago: thoda risk lena padega yaha par rr and everything in favor of taking a risk so just follow and trade
03/03/21, 14:59 – Glen Drago: please addata teda sauda matt karna
04/03/21, 09:10 – Glen Drago: good morning
04/03/21, 09:10 – Glen Drago: hold positions as told
04/03/21, 09:10 – Glen Drago: will update as and when anything needs to be done
04/03/21, 09:17 – Glen Drago: KOtak Bank book 50% of part 1 at cmp and hold rem qty
04/03/21, 09:18 – Glen Drago: maruti book 50% of part 1 and hold rem qty with trail to cost
04/03/21, 09:19 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade
04/03/21, 09:19 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold & Nifty 25 March 15100 Call short done at 320 Hold
04/03/21, 09:19 – Glen Drago: Axis Bank hold 1 part short
04/03/21, 09:20 – Glen Drago: icici bank hold 1 part short
04/03/21, 09:20 – Glen Drago: will update as and when anything needs to be done
04/03/21, 09:22 – Glen Drago: Maruti keep trailing sl to 7170 spot and hold rem 50% qty shorts of part 1
04/03/21, 09:23 – Glen Drago: reiterate overall view is heading for 12100 when and where to add shorts will tell for now just hold existing shorts
04/03/21, 09:43 – Glen Drago: icici bank book 50% of part 1 at cmp/618 spot
04/03/21, 09:44 – Glen Drago: icici bank hold rem 50% qty with trailing sl of 630 spot level
04/03/21, 09:49 – Glen Drago: Nifty 25 March 15100 Call short done at 320 book profit at cmp/280
04/03/21, 09:49 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold
04/03/21, 09:49 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade
04/03/21, 09:57 – Glen Drago: gold do not buy as yet will guide when to buy
04/03/21, 11:02 – Glen Drago: will update as and when anything needs to be done
04/03/21, 11:13 – Glen Drago: maruti exit rem 50% qty shorts
04/03/21, 11:44 – Glen Drago: too volatile & large moves on both sides. Hold shorts as told. Please strictly follow msg and trade.
04/03/21, 11:44 – Glen Drago: as of now hold all shorts as told
04/03/21, 11:45 – Glen Drago: overall i do not see upside sustaining but sharp volatility and pullbacks can’t be ruled out
04/03/21, 11:46 – Glen Drago: Trend is down
Nifty is sell at appropriate resistance areas
When and where to add shorts will guide
For now hold shorts
04/03/21, 11:47 – Glen Drago: I see 12100 coming over next few weeks
04/03/21, 12:03 – Glen Drago: *Nifty* trend is down
04/03/21, 12:57 – Glen Drago: icici bank exit rem short qty
04/03/21, 12:58 – Glen Drago: kotak bank hold rem 50% shorts
04/03/21, 12:58 – Glen Drago: Axis bank hold 1 part short
04/03/21, 12:58 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade
04/03/21, 12:58 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold
04/03/21, 12:58 – Glen Drago: whenever we have to sell more will update
04/03/21, 15:05 – Glen Drago: Hold shorts as told
04/03/21, 15:16 – Glen Drago: Can see some more volatility tomorrow so just hold existing shorts as told
04/03/21, 15:17 – Glen Drago: At low risk area we will short as of now just hold shorts that are there
04/03/21, 15:17 – Glen Drago: kotak bank hold rem 50% shorts
04/03/21, 15:17 – Glen Drago: Axis bank hold 1 part short
04/03/21, 15:17 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade
04/03/21, 15:17 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold
04/03/21, 15:18 – Glen Drago: As and when anything needs to be done will update
05/03/21, 09:12 – Glen Drago: Good morning
05/03/21, 09:12 – Glen Drago: Hold positions as told
05/03/21, 09:12 – Glen Drago: Will update as and when anything needs to be done
05/03/21, 09:16 – Glen Drago: Axis Bank book 50% of part 1 and trail rem 50% qty to 762 spot level and hold
05/03/21, 09:16 – Glen Drago: on pullbacks we will sell at appropriate resistances
05/03/21, 09:20 – Glen Drago: Axis bank hold 50% of part 1 shorts
05/03/21, 09:20 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade
05/03/21, 09:20 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold
05/03/21, 09:20 – Glen Drago: kotak bank hold rem 50% shorts

05/03/21, 09:46 – Glen Drago: Let nifty come higher to appropriate levels for short selling. Be patient for higher levels
05/03/21, 10:15 – Glen Drago: Axis Bank trade summary we sold 1 part at 723 then 2nd part at 775 booked profit in 2nd part at 741. Booked 50% of part 1 at 724 today and holding the remaining 50% qty of part 1. Net cost now at 789 spot hold with 790 spot sl for 600 tgt on rise we will sell more for target of around 600
05/03/21, 13:53 – Glen Drago: Axis bank hold 50% of part 1 shorts
05/03/21, 13:53 – Glen Drago: Nifty 25 March 14000 Put Buy Hold till expiry trade
05/03/21, 13:53 – Glen Drago: Nifty 25 March 14600 Call short done at 450 Hold
05/03/21, 13:53 – Glen Drago: kotak bank hold rem 50% shorts
05/03/21, 13:53 – Glen Drago: as and when anything needs to be done will update

if you are only trading on the basis of this post please use your own risk management and then only trade

Regards,

Glen Drago