Daily Report · October 21, 2021

Morning Pulse 21/10/21

  • Long time no see
  • So market has taken a downturn after IRCTC hit a 1 lakh crore market cap mark.
  • Mid caps and small caps are taking a serious hit. While Nasdaq and Dow Jones started pumping up.
  • Bitcoin also registered all time highs again.
  • Gold and silver seem to be running around in circles.
  • Nifty and Banknifty both hit 18500 and 40000 mark and seem to have tired from the rally.
  • INR, Bonds and Midcaps are all selling off, that can’t be a coincidence. This is assign of greater distribution by the market.
  • I have a strangle 39000pe-40000CE. Today is expiry so will probably add to it.