Hope.. over priced...there could be bloodbath in Ruseel 2000....! ! ! !
Sishyan says.... will not miss Tatamotors put option.
He has confirmed...he will share the information.... (as such it is in the watch list... no formation)
Thanks sishya....will wait for formation...
After 4 days..
Today ... lower side shorts (bears) are going to have sleepless night....
ரெண்டு பேரும் போய், தூங்குங்க பாஸ்...
Traders are planning to buy both call and put.. thinking they are smart... but, .market is always smart...
It never works out always...
What is going to happen this time... ?
What is going be the range for the budget day ?
What is our trading strategy on budget day ?
Will post my views in the hangout, logic and levels....with numbers.... no assumptions..
Don't give much importance to the outcome of the "pickle" budget... go by our numbers and logic...
Budget is always a comedy event... (you have to pay your kids school fees, you have to pay property tax, you have to pay your medical bill, you have to pay rent, you have to pay electricity, you have to buy Petrol at higher price and top of that you have to pay tax also.... Budget "Bullshit")
Index as such no positional short....
Don't get confused... this fall is based on weekly sequence change pattern...
Be clear... don't get in to wrong side...
Go by the weekly swing....
Refer my hangout post of last friday sequence change chart..... price has reached the last level...
Hence, this warning...
Don't go by news or events.... go by chart and your interpretation.. 13634 may not get violated... crucial level....
Cheers friends...
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Nifty future final reversal point for the day...13634.20 ...
Superb.... 13800 call hourly sequence changed at 34.20 and moved to 60 (weekly settlement trade pattern chart for the day)
Entered at 34.20 exited at 53.80 (just in one 5 minute candle)
Patience with knowledge rewards...
Over for the day....
(First red band says 133.20...but... we got our profit morethan 50%...no greedy)
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Check....13800 call hourly sequence and act.... 40 ~ 50% RoI...
Take care.....
Nifty future final reversal point for the day...13634.20
Bears are just enjoying and celebrating the fall...
January 13800 call sold in the morning at 71.80 and covered near reference point 34...
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Today 1.30 sequence change reference point 34...
Take care...
