

A weak bounce in Nifty. Sustainability questionable
On 20th March Nifty started with good strength after the panic selling on the previous day and opened up by more than 100 points. Good strength was observed during the 1st half of the day and Nifty crossed 23300 at some point inching steadily towards 23350. However, then came the selling pressure and that entire gain of the 1st half was reversed, finally closing where it opened with net 112 points gain for the day. This up move was not supported by the MHAF candle formed. We


Panic selling in Nifty. Reversed to short position
Yesterday (19th March) saw a massive panic selling in the global as well as in Indian markets. Nifty 50 gap opened down by a massive ~500 points which made it impossible to close our previous hypothetical long position (taken at 23675) with the stop loss placed at spot 23537. The market opened at around 23200 hence to square off immediately we would have closed the futures trade at 23250, booking a loss of 425 points. At the same time we had to immediately take a bearish posi


Nifty showing strength in last 2 days. Went long today
On 16th March Nifty daily chart formed an almost bullish engulfing candle indicating buying strength and a follow through bullish candle was seen on 17th March which was the weekly options expiry day. Today on 18th March, the buying pressure continuing with a gap up opening and 150 points up move so far. The price is above the EBR/EBL bands and the MHAF candles at the bottom of the above chart is also showing moderate strength. Although today's one is not a classic bullish ca


Nifty is falling in a predictable, boring way
Yesterday (12th March) Nifty opened with a ~240 points gap down. After a while good amount of buying emerged and pushed Nifty up to 24800 level, however, could not sustain there and clearly the bears took over from that point and pushed down to 23550. The weakness persisted for rest of the day and finally closed 227 points lower at 23640. We have no open position at this point and waiting for a bullish signal to go long in the hypothetical portfolio with Futures Only strategy


Nifty bounced back but where is the conviction?
Yesterday (10th March) Nifty gapped up with a lot of hope from Trump's assurance that the war may be over very soon. Opening at 24280, it slightly inched up to 24303 but could not sustain there. Moderate selling pressure came immediately to bring it down up to 24080 but then support came from the bulls and pushed back Nifty higher near the opening level finally closing at 24262. Despite this up move from the previous closing point (24028), our MHAF candles at the bottom of th


Panic selling resumed today but support came later
Today Nifty opened with a gap down of whopping 580 points clearly confirming the fresh panic emerged due to the sudden surge in crude oil price (from $90 to $115) and reported shortages of stocks globally. The market remained under pressure during most of the day but upon receiving some good news from the media about a quicker than expected resolution of the ongoing war. In the later half, getting good support from the bulls, Nifty inched up by 380 points from the day's low a


We have booked our profit and done for the month
Today Nifty took a U turn and started falling again because of the fresh uncertainty emerging on the war fronts. It opened at 24656 but the moment it tried to test the 24700 level, strong selling emerged and from that point the fall was continuous. The bears were in total control and despite a few up-move efforts they didn't allow Nifty to go back to the opening level again. The final hour brought more selling pressure due to the upcoming weekend. Despite the sharp downmove o


Nifty bounced back but can it sustain?
Today, getting support from the global cue, Nifty 50 opened gap up and steadily rose up to 24850 but due to some selling pressure towards the end, closed at 24766. It is still going through the ebbs and flows based on the contradictory news feed coming from different war fronts without caring much about the technicals or fundamentals. Despite such a strong up-move, the MHAF candles on our chart is giving no immediate signal of a bullish reversal. It might take 2-3 days to app


War panic continued but support emerged from low level
Today Nifty 50 opened gap down by about 500 points indicating high level of panic due to the ongoing conflict in the middle east region. It went down to below the 29th Aug, 2025 low price of 24400 and almost touched the 24300 level. Thereafter some strong support came and bounced back from there. Towards the end of the day Nifty made new high and reached beyond 24600. However, again in the last 30 min it retraced down and closed at 24480. This close is higher than the 29 Aug


Iran Israel conflict boosting the bearish pressure on Nifty
On 2nd March the panic selling started right at the market open and continued until the last hour before some recovery was witnessed. Our position was already on the short side so this panic selling helped to almost double the unrealized profit in our account. However, the India Vix shot up by ~25% by the end of the day reducing the intraday profitability a lot. At the closing point, the MHAF spreadsheet showed strong downtrend persisting. The method 1 (hypothetical, we are n
