Daily Report · September 14, 2021

Morning Pulse 14/09/21

  • 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.