Quantitative Researcher, MRM Research

Nico Rosti

Quantitative Researcher

MRM Research

Quantitative Research

Event-Driven

<ul>
<li>The <a href="https://www.smartkarma.com/entities/nifty-index" target="_blank" data-smartkarma-citation="entities:23617:1" rel="noopener">NIFTY Index</a> has been rising for 5 days in a row, this is the second week up (CC=+2), there is a good chance it will pullback soon.</li>
<li>The index is going towards the Q3 resistance level at 22354, that would be a good area from where to start to prepare for a pullback.</li>
<li>Going SHORT may not be worth it, the right trade is to wait for the pullback and go LONG again at better prices.</li>
</ul>


The NIFTY Index has been rising for 5 days in a row, this is the second week up (CC=+2), there is a good chance it will pullback soon.
The index is going towards the Q3 resistance level at 22354, that would be a good area from where to start to prepare for a pullback.
Going SHORT may not be worth it, the right trade is to wait for the pullback and go LONG again at better prices.


EQD | NIFTY's Rally Resistance Targets Approaching: Reversal?

<ul>
<li>The <a href="https://www.smartkarma.com/entities/nifty-index" target="_blank" data-smartkarma-citation="entities:23617:1" rel="noopener">NIFTY Index</a> was supposed to continue its rally but has stalled a bit this week.</li>
<li>This modest pullback could be a buy-the-dip opportunity, based on our WEEKLY models reading.</li>
<li>The price support area to buy is between the Last WEEKLY Close and  21229.</li>
</ul>


The NIFTY Index was supposed to continue its rally but has stalled a bit this week.
This modest pullback could be a buy-the-dip opportunity, based on our WEEKLY models reading.
The price support area to buy is between the Last WEEKLY Close and  21229.


EQD | NIFTY's Uncertainty: The Rally Could Pause for 1 More Week

<ul>
<li>Last week at Close the <a href="https://www.smartkarma.com/entities/nifty-index" target="_blank" data-smartkarma-citation="entities:23617:1" rel="noopener">NIFTY Index</a> was OVERBOUGHT, this week it became quickly OVERSOLD, bouncing off from a price area near the Inner Fence support  levels for CC=-1.</li>
<li>Another week down is possible but we see strong support in the 21250-20800 price area.</li>
<li>Should that support area be reached, it would be a good opportunity to re-enter this index's Bull market.</li>
</ul>


Last week at Close the NIFTY Index was OVERBOUGHT, this week it became quickly OVERSOLD, bouncing off from a price area near the Inner Fence support  levels for CC=-1.
Another week down is possible but we see strong support in the 21250-20800 price area.
Should that support area be reached, it would be a good opportunity to re-enter this index's Bull market.


EQD | NIFTY Pullback Already OVERSOLD: Prepare for WEEKLY LONG Trade

<ul>
<li>The <a href="https://www.smartkarma.com/entities/nifty-index" target="_blank" data-smartkarma-citation="entities:23617:1" rel="noopener">NIFTY Index</a> closed up last week (CC=+1), it is not overbought yet but it could become so at the end of this week (Friday).</li>
<li>Resistance begins at 22280/22800, these are the price areas from where SHORT trades can be initiated (target: 1 weeks reversal, close trade at Close).</li>
<li>Covering LONG holdings with Covered CALLs is also possible, Strikes should be =&gt;22800.</li>
</ul>


The NIFTY Index closed up last week (CC=+1), it is not overbought yet but it could become so at the end of this week (Friday).
Resistance begins at 22280/22800, these are the price areas from where SHORT trades can be initiated (target: 1 weeks reversal, close trade at Close).
Covering LONG holdings with Covered CALLs is also possible, Strikes should be =&gt;22800.


EQD | NIFTY Rising But SHORT Trade Possible From Friday...

Equity Derivatives and Volatility Specialist, Clifton Derivatives

John Ley

Equity Derivatives and Volatility Specialist

Clifton Derivatives

Independent derivative and volatility research firm focusing on events/catalysts, earnings, relative value and cross asset volatility strategies.

<ul>
<li>The US election is the ultimate of known unknowns. The markets have endured both Trump and Biden/Harris so impactful policy surprises should be limited. </li>
<li>Hedging cost are running high for Asian equities post August unwind and September stimulus combined with election. </li>
<li>Markets have some momentum and in some cases mean reversion to the price move on the day after the election. </li>
</ul>


The US election is the ultimate of known unknowns. The markets have endured both Trump and Biden/Harris so impactful policy surprises should be limited. 
Hedging cost are running high for Asian equities post August unwind and September stimulus combined with election. 
Markets have some momentum and in some cases mean reversion to the price move on the day after the election. 


EQD | US Election -  Hedge Considerations

India

The NIFTY 50 index is National Stock Exchange of India's benchmark stock market index for Indian equity market. Nifty is owned and managed by India Index Services and Products (IISL), which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited.

NIFTY Index (NIFTY INDEX)

EQD | NIFTY's Rally Resistance Targets Approaching: Reversal?

The NIFTY Index has been on a 5-day rise, currently up for its second consecutive week and approaching Q3 resistance at 22354. Prepare for a...

Nico Rosti

EQD | NIFTY's Uncertainty: The Rally Could Pause for 1 More Week

The NIFTY Index rally has paused, presenting a potential buy-the-dip opportunity between the Last WEEKLY Close and 21229.

Nico Rosti

EQD | NIFTY Pullback Already OVERSOLD: Prepare for WEEKLY LONG Trade

Last week the NIFTY was overbought, but this week it pulled back and became oversold, bouncing off strong support levels. The 21250-20800 area, if...

Nico Rosti

EQD | NIFTY Rising But SHORT Trade Possible From Friday...

The NIFTY closed higher last week and could become overbought by Friday, at that point going SHORT would make sense. Covered CALLs on LONG...

Nico Rosti

EQD | US Election - Hedge Considerations

The US election brings uncertainty, but market impact should be limited due to enduring Trump and Biden/Harris policies. Asian equities face high...

John Ley

EQD | NIFTY's Rally Resistance Targets Approaching: Reversal?

​The NIFTY Index has been on a 5-day rise, currently up for its second consecutive week and approaching Q3 resistance at 22354. Prepare for a...

Nico Rosti

EQD | NIFTY's Uncertainty: The Rally Could Pause for 1 More Week

​The NIFTY Index rally has paused, presenting a potential buy-the-dip opportunity between the Last WEEKLY Close and 21229.

Nico Rosti

EQD | NIFTY Pullback Already OVERSOLD: Prepare for WEEKLY LONG Trade

​Last week the NIFTY was overbought, but this week it pulled back and became oversold, bouncing off strong support levels. The 21250-20800 area, if...

Nico Rosti

EQD | NIFTY Rising But SHORT Trade Possible From Friday...

​The NIFTY closed higher last week and could become overbought by Friday, at that point going SHORT would make sense. Covered CALLs on LONG...

Nico Rosti

EQD | US Election - Hedge Considerations

​The US election brings uncertainty, but market impact should be limited due to enduring Trump and Biden/Harris policies. Asian equities face high...

John Ley

The NIFTY Index has been on a 5-day rise, currently up for its second consecutive week and approaching Q3 resistance at 22354. Prepare for a...

The NIFTY Index rally has paused, presenting a potential buy-the-dip opportunity between the Last WEEKLY Close and 21229.

Last week the NIFTY was overbought, but this week it pulled back and became oversold, bouncing off strong support levels. The 21250-20800 area, if...

The NIFTY closed higher last week and could become overbought by Friday, at that point going SHORT would make sense. Covered CALLs on LONG...

The US election brings uncertainty, but market impact should be limited due to enduring Trump and Biden/Harris policies. Asian equities face high...