Covered positional short in Indian Market

In the Financial Astrology, We had a positional short in Nifty @ 18000 & Bank Nifty @ 42000. Covered positional short in Nifty @ 16925 and Bank Nifty @ 38850 yesterday. We were also carrying a positional short across stocks such as BANKBARODA, SBIN, CANBANK, AXISBANK, ICICI BANK, INDUSIND BANK from higher levels that were covered yesterday.

Advised a short position in S&P500 at 3935 with a closing basis S/L of 3962. A temporary bottom of the stock market is indicated on 23 March 2023 (+/- 1 day). FDX was a buy at 198 yesterday – it closed at 228 in the after-market.

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