Dear All,
It was a most bearish week due to Adani Group's report from Hindenburg - a Broking and Short Selling Firm from US. They have also added they were short in Indices & most of the Adani Group Stocks.
Apart from this news, Since Dec 01st, from the day NIFTY recorded the High Point, Its brazing for a Possible correction with lot of Negative Divergence. But due to lack of trigger, there was no concrete fall happened.
Most Blue Chip companies also posted a decent Profit resulted in volatile session.
But the Adani Group News excited the Bears and trigger a sudden and Big volume Fall. The timing of the report was most accurate. Budget Session, Adani FPO and Bear looking for a reason at then time, it Hit Hard.
If I want to say any word as a Last. So far ADANI Was TOO big to FAIL. Lets wait and watch the developement.
> NIFTY Daily Chart <
Had a Lot of Hit & Misses due to Heavy volatile in Jan so Far. Options Trades are not calculated so far.
No comments:
Post a Comment