I though of giving an urgent update based on the sudden , complete unexpected news from RBI & GOI....!!!
Well, the market was crashed for the news --- In opening itself close to 8000 level .... more than 500+ points , at no sooner time....!!!
I do n't want to add fuel on the fire..... that my indicators was screaming a real big movement.....right from Deepavali ..!!! But do not conclude anything that we are having prefect analysis..... It's just a fluke....!!!!! Hahaha ... Now you will understand why I used to say Fluke....... Who could have expected this big news from GOI...!
Personally for our position, as I was able to hit the expected small target on yesterday & silently closed positions.....
I was having a small portion - only the profit amount of last week - not even 10% for a combo......!!! just closed in the morning with a decent profit....! Could have been massive, if it would have been at least 50% utilisation....!
Unfortunately, it is a missed opportunity..... !!!
Frankly, I was expecting 8750+ in this week, based on US Elections outcome ....!!! For all my personal recommendation, it was for call side only....!!! Uff..... !! Hit...! But Its ok... nothing to get panic...!
There could be some recovery in the coming sessions....!!!
But, please be informed that Overall - It is supposed to be a too good news for the market......!!! So, after some gimmicks, by biggies - in the market - in the same manner it will hit back 9000+ at no sooner time....!!! Other than Realty sectors, there will be a huge boom....!!!
There is absolutely nothing to worry / change on our current schemes - it will get continued.....!!!
Our transfers activities may be delayed by 3 or 4 days.... because of this sudden drama in banks..... But will try to close as much as possible at the earliest by this week.....!!!
Seeking your co-operation please.....!!!
With kind regards,