Tuesday, July 13, 2021

Market

Last week itself, posted my view in hangout...told....concentrate on Call option.... based on cyclical bottom formation (refer below post)...

This is week, we decide to enter into only call option....

Yesterday market has opened positive as expected, and in the afternoon, marked has corrected and all call option has reached the bottom level..... also, put options has again tested the resistance, trapped the bulls as well bear....

Today, again opened positive, moved one side (upside), because, yesterday premium has reached bottom, hence no correction today, calls has given good money....

Market is always right, trend has been set, same time, option premium has also been adjusted, smart moves..

Moral of the story......... 

Do Analysis -> Patience -> Wait for Bottom formation -> Setup confirmation-> Entry -> Enjoy


Now Relax......

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Next week


Next week...in our watch list "Opportunity" identified..... (bottom reversal opportunity)

Details posted in the hangout with levels....check white/red sheet at your end and do analysis and be prepared....

Check all other parameters also... before taking trade decision...

Cheers...



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