NIFTY50 is again at an All Time High. Are you guys selling/ holding/ buying? 📈

Don't say I will buy when it falls more, this is the moment when I am getting in MAXed out.

1. Is this a forward looking indicator for job creation in upcoming quarters? 2. What are your portfolios looking like? 3. Selling/Holding/Buying now?

EMA 50 is breached. Seems like a good entry, have sold some stocks and bought 200 NIFTYBEES + few lots of Nifty 21650 CE Let's see.

Nifty again at ATH, 5% up since I last posted the update. 1000 point move in 11 days, already. How high will it go?

Today there is mild profit booking. Have purchased 500 ETF units of NIFTYBEES today. Let's see. Anyone else opening new postions or any thoughts to share?

Are we buying more or getting out before it goes bust?

I think we are heading up. I can't see any sector that can pull the market down. We are in an uptrend and unless 21200 breaks on Nifty, we will remain in uptrend. Global cues are fine as well. The US market is undergoing a pullback and it should be contained around 4-6%. Coming back to our indices. Oil, Energy , PSU remains the strongest. Metals, IT are in good structure. Realty, Infra are also doing the right thing. Auto remains the consistent outperformer First Maruti and yesterday M&M broke out. The problem area was Nifty Bank and it has started to do the right thing. SBI cannot lead NB higher HDFC, Kotak needs to chip in now. NB is a Beast. If it starts finding its feet, a much higher level will come for Nifty. I have been booking profit for the last 2,3 weeks and have raised 40% cash. Now i have started deploying it. I have picked up 5 names from this list. https://share.gvine.app/Hn9vxKmr86PkqJmx5 I have a few other stocks on my radar. I want to build new positions for eg.in M&M. But i will wait it out. I am not going to chase any kind of breakout. I want a pullback that will shake a lot of people and then I will get in. If stocks want to just fly, I'll let it fly, I won't chase anything. I want odds on my money at this stage. I also picked up Nifty Futures yesterday, a lot of people will find it difficult to build newer positions atm as the market is stretched and rightly so, it is stretched. But the best of the rally happens in the stretched Market. I don't mind if i am wrong. I have my stop losses and risk management rules to protect me. I follow a certain process and i will keep following it. Lets go to the moooon 🚀🚀

Today market is up by 804+ points, just because Modi is winning!! ☺️☺️🤴🫶.

This was my last market update. I built a portfolio in real-time, explaining what I'm doing and why I'm doing it. https://share.gvine.app/VaSwtbqJVzF384YRA I have given a list stocks in the comment section where i want to build newer positions. I have given some psychology related tips as well. Check them out. Out of the list Jindal, ABB, Siemens, Colpal, ICICI B, TATA S I did cut down on ICICI Bank and Colpal last week as they were around 2-3% gain. I found another opportunity in Havells as well. Although I didn't make a post about it or update it here, I did discuss it with @TheOatmeal in the DMs when i got in. My avg Buy price is 1575. I have certainly been very lucky in this cycle. Well it's not just pure luck i did identify leaders of the current run and have been doing this for quite some time now. But the moves in my portfolio have been amazing and pretty smooth during recent fall as well. My top 3 winners are - Jindal - +23.14% ABB - +39% SIEMENS - +44.32% These 3 stocks have given me a lot of cushion to operate further. None of the above 3 stocks violated their trending pivot during the market fall. I made a few posts about SBI and that trade is still on. Check it here. https://share.gvine.app/yXc9GETSiWn8c2Uz8 https://share.gvine.app/yYujDrw15CLsLxC59 Today's session was excellent. The Nifty moved around 300 points in just 20 to 25 minutes, potentially wiping out months of gains for option writers and cleared up all the short term bearish players out of the system.Such moves in a single day can decimate months and months of hardwork. Just stay away from options if you can. VIX often rises during election years, as seen in 2014 and 2019. I will only be concerned if it crosses 30 and stays there. Otherwise, it's not worth overanalyzing.People link rise in VIX with Possibility of government changes but if the market senses a shift, 8-12% would just go in a few sessions. The market will not give us a lot of time to manage our positions.