Thursday, August 23, 2018

Index


Bank Nifty 28300 Put Option...trading above 177.......

Above put option, as long as trading above 177.....trend is not up (temp.)........am neutral...


End Result - Option selling....weekly closing...


Net premium eroded from Monday.......61 points......

Let us see....what is next week top / bottom level.....tomorrow ......


HCL Tech


HCLTech....chart is self explanatory.....


Option Selling - Strategy...


Total premium (sold) ....as per level....206...........based on pre-determined top/bottom level...

CMP....total premium...131....as of now....

If you book profit now......per lot Net Premium (eroded) Gain is 75.....


Cipla


Cipla .....676.80....is visible....(no intraday)...


Reliance


Reliance positional 1st Target 1253 hit.........(from 1139).....

Next level 1294.60.......


28100 call


28100 call ....18 is reversal level....


HCLTech


Perfect entry - HCLTech 1020 CE........keep it up Jagan......visible breakout 11.95 above....