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RE: LeoThread 2023-10-03 20:25

in LeoFinance • 2 years ago

🧵 1. Volatile October ahead for markets, with short positions influencing Nifty. Potential recovery for HDFC Bank, impacting Bank Nifty index. #finance

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🧵 3. Historically good month for Nifty, shorts create ideal setup for reversals. Target of 18,600, but inside bar suggests potential revival and push beyond 20,000.

🧵 4. Sensex faces rejection trades, but no slippage beyond 65,700 may lead to sustainable uptrend, targeting 66,500.

🧵 5. USDINR stuck near barrier, bias neutral above key level of 82.78. Expect fluctuations, but maintain positive bias above 82.98.

🧵 2. Bank Nifty shows opportunity for new leaders, index due for bounce back. Short positions by FIIs at historically high levels, offering reversal potential.

thanks for sharing