≑ Menu

Markets are Looking A Bit Stretched

Register to Get 5 Days Free Course on Options and Immediately Get an email to Download eBook on Option Greeks Also Get an Equity Intraday Strategy Course for FREE TODAY

Date: 02-March-2017

9000 may be touched soon, but Nifty is looking a bit stretched. This has happened after Trump speech. This can be said as emotional reaction to his emotional speech.

In my experience stock markets do not run on emotions for long. Once 9000 is breached, a lot of people will start booking profits and Nifty may fall. So chances of fall after 9000 is breached is more than Nifty crossing 9100.

Why do I think so?

Because in the ground there is no dramatic change in the profit statements of most companies. In fact in India after the demonetization of Rs.500.00 and Rs.1000.00 notes many companies suffered losses or got lower business than usual. Things are normal now, but it will definitely show in the next two quarterly results. GDP will also come down this financial year.

Here it is, Nifty fell after hitting almost 8985 today – 02-March-2017. This is image of Nifty closing on 02-March-2017:

Nifty Close 2-Mar-2017

Nifty Close 2-Mar-2017

I am sure all Technical Analyst must be saying that Nifty will go even higher. I am not a TA, I just look at how Nifty behave as per the economics of our country and trader’s mindset. πŸ™‚

Disclaimer: This is not an investment advice to go short in the markets. I am not an investment advisor. If you want to take any investment decision please do thorough research before investing in any stock or take advice from authorized investment advisors. Stock markets investments are subject to market risk please invest with proper research.

Even if you want to trade on your own it is better to get good education in stock trading and then trade properly. Of course like our school and college education, no good education comes for free. Its good to invest to learn and trade or invest, rather speculate and invest.

To help you become a better trader and investor I offer two online courses which you can do anywhere from your home:

1. Conservative Option and Futures Trading Course for Short Term Derivative Traders.

2. How To Invest Well & Retire Rich for Long Term Investors.

If you are interested to know about these courses please contact me.


If you have any question you can contact me.

You can read about me here and my trading mistakes here.

TheOptionCourse.com Copyright @ All Rights Reserved
Dilip Shaw, Founder

Copyright Infringement: Any act of copying, reproducing or distributing any content in the site or newsletters, whether wholly or in part, for any purpose without my permission is strictly prohibited and shall be deemed to be copyright infringement.

INCOME DISCLAIMER: Any references in this site of income made by the traders are given to me by them either through Email or WhatsApp as a Thank You message. However every trade depends on the trader and his level of risk taking capability, knowledge and experience. Moreover stock market investments and trading are subject to market risks. Therefore there is no guarantee that everyone will achieve the same or similar results. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website. Please note that I DO NOT give tips or advisory services by SMS, Email, or WhatsApp or any other form of social media. I strictly adhere to laws of my country. I only offer education on finance, investments on stock markets in the best possible way as much as I can through this website. Still, you must consult an authorized advisor or do thorough research before investing in any stock or derivative before trading any strategy given in this website. I am not responsible for any investment decision you take after reading any article given in this website. Knowledge is the only way to get success in stock markets. I try my best to give stock market investing and trading knowledge through the articles posted in this website. Thanks for visiting my website.

Stock Market And Options Trading Is Not Astrology
How To Do Value Investing For Stocks

About the author: I started trading stock markets since 2007. However my first 3 years were losses. Then I dedicated almost 1 year on studying, researching, paper trading options and learned a lot in that time. Since 2011 I am trading Nifty options profitably. Call me if you need any help trading options on 9051143004.

{ 2 comments… add one }

Leave a Comment

Menu