Momentum is Back? | 02-12-2022
With India VIX slightly rising to 14, looks like the momentum is back in the market.
Today's trade was based more on opinion than the setup. We saw weakness in both Nifty50 and Bank Nifty yesterday. Also, reliance closed red. Compared to Nifty, Bank nifty was more happening yesterday and hence, we chose nifty today.
Also, two of our lovely members texted us yesterday requesting to share the daily order book for them to analyze and learn.
Unfortunately, We don't believe in sharing daily order books and profit because:
a) The obvious one, It is private financial data and
b) It tends to cause more harm as people conform to unrealistic expectations.
But, this one time we will put in our order book :)
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Disclaimer:?This is no advice. The sole intent of this write-up is a case study and educational purposes only. Investing / Trading in the stock market involves high risk and can result into heavy losses if indulged in without proper knowledge and risk management. Please consult your financial advisors before investing/Trading. If you decide to act on any of the mentioned case studies, it shall be solely on your accord and your own responsibility.