Thursday, July 23, 2020

Trump’s performance is incredible.


Bank Nifty


Bank Nifty vastly under performed nifty...

Not good....

Be cautious on positional longs in Bank Nifty...

Next week is expiry... hence,  swing trading approach may be good...


Index


Positional trend no change...as such uptrend is intact...

August put option chart is self explanatory...




Premium Encashed trades



11300 and 11250 call zero as predicted...

11300 call top band 28 confirmed.... this week close definitely is going to be below 11300... hence, we sold 11300 call and 11250..... also 11900 put...

All booked...0.10...




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Index


Uptrend is neutral...tomorrow if market goes up...again will sell 11300 call weekly...

We are holding 11300 call and 11350 call short.....

Who cares...

Weekly settlement trade...will post in the hangout in the market hours....

Today



We entered at 63 and exited at 55..... target 110 not hit.........

Booked 8 point loss..

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Index



23100 weekly call is in our list...


Index



23100 weekly call is in our list...


Index


We sell call option in the morning.....

For weekly settlement, any naked option buy ... will post in the hangout...