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CNBC Calls
CNBC Calls
CNBC Calls
What was surprising was the low vols going into the event
maybe market participants got programmed for loose monetary policy
since march 2020, and expected this to be a non event
low vix is complacency, and then if something unexpected happens, it's mayhem
35300-500 remains the major resistance for the expiry, downsides below that
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SO far, Indbulhsgfin, INFOSYS , Tata Consumer, ITC ( did not work)
Asian PAints on delivery
Stocks may or may not move immediately, keep it on watch for momentum
Options are rapidly depreciating instruments, prudent to book loss when
trade not working out
Jump in again as momentum comes in