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- A lot happened this past week, i was sick and traveling at the same time so couldn’t update here.
- Evergrande situation has gone worse, bonds may take a 75% cut. Also other real estates companies not looking good either.
- Nifty and Bank Nifty are consolidating from last two months. Nifty however is rising but banknifty seems subdued.
- US markets Rebound from the lows in late session and now futures also trading in the green.
- A certain rumor about Walmart litecoin partnership spiked crypto, but it went down after the clarification.
- 35800-27200 strangle seems the safest bet.