Wednesday, September 1, 2021
Today shop closed
Today
Bank Nifty move en cashed...... shutting down our trading terminal....
Let us watch only "charts"..... no more trades today...
Done for the day....
36700 call is flying ...hit upper (breakout level) band 356
What a move from 154 to 356...
If breakout 356 taken out and stay...then 528....
==========================
36700 call option
Upper band target 356....
Enjoyyyyyyyyyyyy....
Bank Nifty 36700 wowwwwwwwwwwwwwwwww
Congrats Gupta.... lovely trade....
Bank Nifty 36700 call option entered at 154.50 and exited @ 214....
=================================
Gupta ...long...
Bharti
Sheetal says.... Bharti again looking bullish....
Upside visible ....697 / 747 and 826.... CMP 664...
Chart is self explanatory...
GDP - Reality
Nothing to celebrate.... nothing has changed in ground...
Good example of why numbers must always be seen in context:
Take Q1 FY’20 (Apr-Jun 2019) as baseline = 100
Then Q1 FY’21 = 75.6 (24.4% drop)
And Q1 FY’22 = 20.1% increase on 75.6 = 90.8
So still 9.2% LOWER than Q1 FY’20
Exemplifies “Low Base” effect
Prof
Quote Tweet

Kaushik Basu
@kaushikcbasu
·
It needs just a little arithmetic to see that India's Apr-Jun 2021 growth of 20.1% is shocking bad news. The 20.1% is in comparison to Apr-Jun 2020 when India's GDP had fallen by 24.4%. This means compared to GDP in Apr-Jun 2019 (i.e. 2 years ago) India has had a growth of -9.2%.
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