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MMB SBIabout 13 hours ago
NEUTRAL(10%)
hold

[MMB SBI] pure operator game today nifty pull till 23500 but surrender again towards 23350 i think tomorrow again short covering p...

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+5
Market Impact Score
-100 Bearish+100 Bullish

AI Analysis

The broad market, as per live intelligence, saw significant gains today with Sensex and Nifty surging. This MMB post reflects retail speculation on intraday volatility within this bullish backdrop.

Trading Insight

Given the speculative nature, avoid trading based on such posts; instead, monitor Nifty's key support and resistance levels (e.g., 23350, 23500) with confirmed technical analysis.

Key Evidence

  • Nifty pulled till 23500 but surrendered towards 23350.
  • Tomorrow again short covering possible, mainly to trap short sellers at 23200 and 23300.
  • 23500 short sellers pushed Nifty down towards 23350.
  • Nifty may approach 23500 again; if it crosses, 'firework' (upside), otherwise down again.
  • Risk flag: Source is Moneycontrol Message Board (MMB) - highly unreliable and speculative.

Affected Stocks

NIFTYNifty 50
Mixed

The article discusses potential intraday movements and short covering scenarios for the Nifty index.

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