Niftymetals: September 30, 2021

Thursday, September 30, 2021

Missed opportunity - BHEL

Yesterday...a friend told that he traded in BHELpption and made money.....

Checked the chart and realised, we missed the opportunity...... call option reversed from the bottom and moved from 0.20 paise to Rs.3.10...

Problem is no time to check many scripts...... we (Gupta/Sishyan/Sheetal) decided to split the work and focus on additional 2 or 3 more scripts in this month...

If we want money...we have to put lots of efforts and focus... no short cuts....

Team work and discussion / implementation is need of the hour and trading...

Going to be Win : Win situation...

Cheers...

What is next ?

There is a first indication about trend....

Am waiting for tomorrow price action...

I will post my view about next week view....tomorrow in the afternoon in the hangout...

No hurry..... even 1 day is enough to make good money....like today..... Reliance moved from Rs.3 to Rs.30....... what else...

I will wait for my level and trade..... one good trade is enough for me to sit ideal for whole month...

One or Two good trade is enough for me..... in a month....this is my "Goal"...

Wait for my view ... cheers guys...

Index

I have confident on Ji...

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S & P Trend...

S & P ...இனி ... புது ஹை போவானான்னு சந்தேகம்தான்.... புண்ணியவான் போயிட்டு வந்து இருக்கிறாரு.....

இனி..... விளங்குமா S & P....

No holding

18400 call covered @ 73.20... and will initiate if goes up tomorrow...

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Sold

Sold 18400 Call @ 94.60.....

Keeping target 73.20.....or else

Will hold...

From here on will concentrate on Index opitons.....

This Monthly Expiry Review

Last 10 days ...we are more focused on script options..... because index options are trading at higher range...

This month we have selected ITC / Reliance and ONGC.....given good doubling opportunities many times last 6 trading sessions.... Reliance is best all among...

We missed BHEL....

Overall good...

Selection of script is more important...

Next month trade, will identify three scripts and follow....

From tomorrow...more focus will be on index options......

Cheers......

Day is over

Let me go for Tomchi session.....

Trading terminal is closed for the day.......

Cheers....

Reliance 2500 call - follow up

Booked balance 2 lots at 16.40........

Logic for the pick.....bottom formed on settlement day.... reversed......

💜💜💜💜...

However, you should know and have the levels to identify the bottom...otherwise....it may not be possible... this is called knowledge and experience.....(Check sishyan updated chart at your end and understand)

Learn and Earn...... nothing is free in this world....