Friday, December 17, 2021

My take

Either fall may continue ...i.e.another 200 or 300 points Nifty...

or else..... consolidate... premium erosion may happen....

Then bounce back....

Top Red (Resistance) has to shift below the support point...till then...no buy in naked call option...



Thambi Dinesh says

Nifty future..... reversal area / ongoing fall bottom is visible near 16620....

Chart is self explanatory....

Thanks Da Thambi...



Gold

Chart is self explanatory...

Support area is holding and trading above last 10 months....

Invest and hold....



S & P

Fed candle is normalized.....chart is self explanatory....


Titan

As such Titan not yet formed the bottom..

If we catch the reversal.....sure, call will be doubled...

Keep is our watch list...

Sure....we will encash Titan call option...


Index

I thought today may be the bottom formation...but,  not yet happened...

Trend is in stage 1.......

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Index

Trend is in stage 1 ...nearing bottom....

Will catch stage 2...... 

Stage 3 is going to be severe.... will also catch 3...

Patience is the key.....





Casino Trade pattern

 



Casino Trade

Entered for the day's profit........

Will hold... 

No Loss trade...


Sold

 

17300 call option @ 96.30...

Will hold


Message

Never ever hold the losing position, if trend changes...

Go according to the trend....

Morning booked loss and went long in put and en cashed....

Market is always right.....don't fight with market....

The morning session is over as such....will catch you after 1.00 o clock...💜💜💜💜

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17550 call

Booked loss exited at 24.80...

=======================

Holding

Next week 17550 call option bought @ 41.20 and holding...

Cheers....

17100 put - booked at 166.30

Entered at 104.80 ...exited at 166.30...


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17100 put

Chart is self explanatory...


Entry point 103.40...... upside levels 134.60 / 142.80 .....s/l closing basis 72...trailing s/l  94.90....


17100 put

Chart is self explanatory...


Entry point 103.40...... upside levels 134.60 / 142.80 .....s/l closing basis 72...trailing s/l  94.90....


35700 put

35700 put option en cashed.......



17550 call

Booked loss exited at 24.80...

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Holding

Next week 17550 call option bought @ 41.20 and holding...

Cheers....