The Smart Way Of Investing In Gold!

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Gold has been a talk of the town, and it has been a hot commodity for over a year since it started a Bull Run. The steam isn’t off and everyone is interested in Gold as an investment, a safe asset, or from a consumption point of view. Gold derived its Latin name and its symbol from the word “Aurum” which means yellow shining metal. In the medieval ages it was used to serve as a form of payment and making jewelry. Since Gold is non-reactive and non-corrosive in nature so it was easier to isolate, but its limited supply made it a precious metal. In the modern era Dollar was pegged to Gold due to which it became a by default reserve currency, being pegged to Gold means the USA can print as many dollars which is equivalent to their gold reserves this was called as Bretton Woods System. But in 1971 everything changed when Richard Nixon removed the Gold Pegging replacing with Fiat currency. Over the years Gold has been a crucial part of the forex reserves of various countries. Even acc...
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Nifty 50 Short Positions Analysis For Thursday (13-Aug-26)

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We have discussed in our previous analysis (whose link is given HERE so that it's easier to co-relate) that we can see repeated selling pressure from the 24,500-24,550 zone because very strong resistance has established there and 24,380 was also very crucial since there was concentration of long and short positions and if Nifty decisively break this zone, then we can see further fall.

Today Nifty opened flat and we saw short positions piling up from the very beginning of the market so we Shorted Nifty at 9.39AM when Nifty was trading at 24,430 with a SL of 24,470-24,500 and a target of 24,320.

Interestingly we saw decent volume today at 10.31 AM Nifty had almost reached 75% of the volume of Tuesday's trading session which was also Nifty's weekly expiry.

At 11.00 AM our target was done and we closed all our positions when Nifty was trading at 24,314 levels.

Nifty Derivative Data Analysis:

Nifty's Future data is very negative and fresh 5.5 Lakh short positions were added in Nifty Futures Contract. Option data is also intact on weak side. 24,460-24,500 will act as a very strong resistance zone and on 24,300 strike price there is long unwinding. 

Bank Nifty Derivative Data Analysis:

We have discussed that 57,200 is an important level since the long and short ratio is equal here and today, we saw stability in Bank Nifty due to SBI as it's a heavy weight component of Bank Nifty. We can see fresh selling intensify in Bank Nifty once it breaks 57,200 level.

Sensex Derivative Data Analysis:

There is fresh short positions buildup in Sensex and 78,150-78,200 strong resistance zone. We saw long unwinding on CALL side strike prices of 77,600 and 77,700 and we can see a selling pressure towards 77,600-77,700. 

Tomorrow is Sensex expiry so volatility will be high and if there is any change in Data in real time, I will try to update it, as data changes very fast. For such educational and information's updates you can join our telegram Channel Dicey Trade. 

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