S2Ep88 | Four Days Down, Crude At...
S2Ep88 | Four Days Down, Crude At 100, And The Crowd Is Still Selling Puts . 23800 Is The Line, 23900 Is The Fresh Resistance, | 24th July Friday

The Tanmay Edge | India's pre-market edge, every trading day... by Tanmay Kurtkoti

Episode notes

Four sessions down, the longest losing streak in about seven weeks, and this morning it got harder. Overnight America's tech sold off, the Nasdaq more than two percent, and Asia, the one part of the world that was bid all week, opened red across the board. The divergence that protected us is gone. And through all of it, crude keeps climbing. Brent is knocking on 100 dollars, up from 92 on Tuesday. Streaming live now on rupeecase.com, free on the homepage.

Yesterday's call graded 3.5 out of 5. We said fail to reclaim 24,000 by 10 o'clock and it is 23,961 then 23,900. The high was 23,990.75 and that was it, we closed 23,869.60 straight through both. The band held, the crude and rupee pair fired again. The miss, for the second session running, was the Sensex support lin ... 

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